Morning Memo
Wealth Management Morning Memo

NOVEMBER 17, 2018

ESTATE PLANNING

Eleven Celebrity Estate Planning Lessons

Appreciating their mistakes can help you better serve your clients.

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INDUSTRY

Advisory Firms With the Most—and Least—Satisfied Clients

Overall customer satisfaction with financial advisors has dropped, according to the latest ACSI.

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SPONSORED CONTENT

Do Rising Rates = Client Panic? Maybe. Maybe not.

Rising rates can signal impending volatility. Learn why in this piece from Hartford Funds.

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ETFS

The Best Performing Active ETFs of 2018

With some very notable exceptions, all but a handful of these top-performing actively traded ETFs have struggled to return more than 7 percent so far this year.

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RETIREMENT PLANNING

Seven Elder Planning Lessons From the Marvel Universe

Using popular characters to tackle an unpopular issue.

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INDUSTRY

Commonwealth IBD Pivots to Planning

The largest privately held IBD is helping more advisors abandon their FINRA registrations, adding more model portfolios and financial planning tools.

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PEOPLE

HighTower Taps Bob Oros to Replace Elliot Weissbluth

The former HD Vest executive will succeed Elliot Weissbluth, who recently stepped down from the top spot.

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FIXED INCOME

Howard Marks: Advisors Should Focus on Client Risk

The co-founder of Oaktree Capital Management on how advisors can stay competitive, the tyranny of benchmarks and why cash is not the best way to de-risk a portfolio.

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HIGH NET WORTH

What to Expect on Taxes From the New Congress

As power shifts, there could be lots of conflict ahead.

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REGULATION AND COMPLIANCE

Post DOL, Brokers Shy Away From High Load Funds

Since the 2015 proposal, flows to unusually high load sharing funds have been declining, Morningstar finds. Will the SEC keep the momentum going?

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INDUSTRY

Mercer Advisors Acquires $600 Million RIA, Its Third Deal in as Many Weeks

The Genstar Capital-backed firm now has 35 offices and manages approximately $14.5 billion.

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