Morning Memo
Wealth Management Morning Memo

AUGUST 3, 2019

ESTATE PLANNING

Elizabeth Hurley's Son Prevails in Inheritance Fight

Court finds no ambiguity in trusts' use of the term 'grandchildren.'

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INDUSTRY

CFP Board Drops Self-Disclosure, Forms Enforcement Task Force

"We agree with the need to strengthen the enforcement program," said CFP Board CEO Kevin Keller on Tuesday, responding to a Wall Street Journal report that found thousands of CFP designation holders had customer disputes or criminal charges on their regulatory records.

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SPONSORED CONTENT

Longevity: Preparing Clients for Retirement

People are living longer than ever, often well into their 80s or 90s.

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REGULATION AND COMPLIANCE

New York Implements New Standard for Annuities Sales

The new rules hold brokers of annuities to a best interest standard and could be a model for other states to follow.

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TECHNOLOGY

MoneyGuide & Jackson: Envestnet Tips Its Hand

Envestnet | MoneyGuide's partnership with Jackson National Life Insurance is a hint of what's to come.

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SPONSORED CONTENT

Seven Keys to Upgrading Your Advisor Tech

Don’t get burned when modernizing your tech stack.

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INDUSTRY

TA Associates to Acquire Wealth Enhancement Group

In the second major sale of a PE-backed advisory firm this year, Lightyear Capital is selling its stake in $11.8 billion AUM Wealth Enhancement Group to TA Associates.

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INDUSTRY

Small Producers Are Crazy, Large Producers Are Eccentric

The story of Wayne McLeod illustrates how, in broker/dealer land, compliance red flags are often ignored when the broker is pulling in a lot of money.

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RETIREMENT PLANNING

Advising at the Intersection of Wealth and Health

When a client confronts a medical crisis, some advisors offer more than just sympathy.

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CLIENT RELATIONS

Five Steps to Prepare Clients in Case Alzheimer’s Hits

It is inevitable that at least some and possibly most of your clients will be affected by Alzheimer’s Disease sooner or later.

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ETFS

The Most Actively Traded ETFs in the Past Month

These ETFs saw the most activity over the past 30 days.

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HIGH NET WORTH

Secrecy and Isolation are Dire Threats to Family Wealth

A recent study highlights just how widespread the communication gap is among high-net-worth families.

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