Wealth Management Daily Memo

AUGUST 20, 2018

PEOPLE

HighTower Advisors Founder and CEO Elliot Weissbluth Steps Down

Michael Thrasher

The executive of one of the largest RIAs will remain in the position until a replacement is found.

ALTERNATIVE INVESTMENTS

Vestmark Feature Lets Advisors Trade Options Across All Accounts

Michael Thrasher

Financial advisors use options in 21 percent of client accounts and they expect to increase that to 30 percent by 2020.

2018 WEALTHMANAGEMENT INDUSTRY AWARDS FINALIST

Providing High Quality Service by Phone

Sponsored by Ruby Receptionists

Delivering top-notch customer service to attract and maintain a strong client base.

RETIREMENT PLANNING

Women in Same-Sex Marriages Need More for Retirement

Ben Steverman

Same-sex female couples are two to three times more likely to reach 100 than one or both members of a 45-year-old same-sex male couple.