Morning Memo
Wealth Management Morning Memo

MARCH 15, 2019

TECHNOLOGY

Envestnet To Acquire MoneyGuidePro

The total value of the deal, in a cash and stock transaction, is worth approximately $500 million.

FULL ARTICLE

ETFS

Index Changes and Even More ETF Fee Competition

Be careful what you pay for. Cheap ETFs don't always perform the same as more expensive ones.

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SPONSORED CONTENT

The Advisor’s Guide to Donating Illiquid Assets to Charity

Deepen client relationships and differentiate yourself by incorporating philanthropy into your practice. This 18-page guide will help you turn your clients’ appreciated illiquid assets into tax-smart charitable contributions.

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REGULATION AND COMPLIANCE

Maxine Waters to Wells Fargo: Get Rid of Tim Sloan

The Wells Fargo CEO shouldn't be getting a bonus; he should be removed from his post, said Congresswoman Maxine Waters, chairwoman of the House Committee on Financial Services.

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WealthManagement Digital Edition

Robert Moore to Step Down at CEO of Cetera - Ben Brigeman, nonexecutive chairman of the board of directors, will take over as interim CEO, according to sources close to the firm. 

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The Daily Brief

INDUSTRY

Morgan Stanley Reorganizes Wealth Management Groups

Jed Finn, COO of the wealth management business, will also head up the new Corporate & Institutional Solutions.

FULL ARTICLE

PEOPLE

Mesirow Hires JPMorgan's Melissa Bean to Lead $29 Billion Wealth Unit

Melissa Bean, chairman of the Midwest at JPMorgan Chase and a former congresswoman, will join the Chicago firm in April.

FULL ARTICLE

TECHNOLOGY

Wealthsimple Unveils No-Fee Trading

Available to its Canadian customers—for now—Wealthsimple Trade offers zero-commission trading to thousands of investors.

FULL ARTICLE

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