Morning Memo
Wealth Management Morning Memo

OCTOBER 26, 2017

CAREERS

Don’t Be a Jerk

Why a positive attitude often translates into a better deal.

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TECHNOLOGY

Big Banks Will Win the Fintech Revolution

Despite the slowdown in startups, the fintech revolution isn't over—it’s been co-opted by the incumbents, and that’s an opportunity for financial sector investors.

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TECHNOLOGY

Highlights from the Executive Forum: Advisor Tech in the Year 2020 Roundtable

Executives from technology vendors and wealth management firms discuss the future of the industry.

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The Daily Brief

Is The Arbitration Debate Really Over?

Late Tuesday evening, the Senate voted to get rid of a Consumer Financial Protection Bureau (CFPB) rule banning mandatory arbitration clauses and allowing consumers to bring class-action lawsuits against banks and credit card companies. ...

An Open Letter to Tony Robbins
In a recent opinion piece titled, “An Open Letter to Tony Robbins: You’re Not Helping”, Douglas Boneparth, president of Bone Fide Wealth, LLC, took to his keyboard to refute a number of claims made by the celebrity financial advisor. Boneparth’s qualms stem partly from Robbins’ effort to appeal to a broad audience, from which he has made millions, without deep consideration or explanation of important facts: ...

Pennsylvania FA Charged With Fraud, Impersonating Clients
Former RIA Jason C. Weigand has been accused of defrauding clients of $290,000. According to the U.S. Attorney’s Office for the Eastern District of Pennsylvania, Weigand, who ran Nations First Financial Group and First Financial Princeton LLC, is charged with bank fraud, wire fraud, mail fraud, aggravated identity theft, accessing a protected computer without authorization and money laundering. ...

Is The Arbitration Debate Really Over?