Morning Memo
Wealth Management Morning Memo

OCTOBER 10, 2019

Fidelity Follows Rivals to Zero-Fee Trades

The custodial firm announced today it too would eliminate the $4.95 commission on trades, including for RIAs, and reiterated that, unlike rivals, it does not sell trade order flow.

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Setting Up A Foundation: Focus on ‘Donor Intent’

Some of history’s great philanthropists failed but the rising generation of donors can succeed by learning from their mistakes.

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Ken Fisher’s Sexual Comments Roil Tiburon Conference

Advisor Alex Chalekian says he was “disgusted” by comments made by the billionaire investor and advisor during a fireside chat at the Tiburon CEO Summit this week.

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Watch Out for This New Breed of Cyber Threat

Here’s how you can minimize the risk to you and your clients.

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"Best Interest Giving" in the Age of Trump

The Trump tax plan may have discouraged individuals giving to charities. But there are still ways donors can benefit.

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The Daily Brief

Bluespring Adds New Talent

To support continued acquisitions, Kestra's M&A arm recruits staff from Goldman, Assetmark and online banking firm Kasasa.

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New Pershing Tool Will Help Advisors Chart Performance Regardless of Market Moves

"Money in Motion" will offer advisors the chance to track inflows and outflows, and set their own designed benchmarks for performance, according to the clearing and custody provider.

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Boston Advisors Joins Captrust Financial Advisors

The merger brings overall assets under management at the combined firm to $340 billion.

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