Morning Memo
Wealth Management Morning Memo

AUGUST 8, 2019

Fidelity Highlights Benefits of Default Cash Options for Retail Accounts

Since 2015, Fidelity has been defaulting client cash in retail brokerage accounts to their U.S. government money market fund. Today, they took the opportunity to compare that default cash yield to competitors'.

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Industry

Small Producers at Advisor Group Won't Get Retention Bonuses

Details have emerged about the broker/dealer network’s retention packages, which include five-year lockups for advisors with over $600,000 in production—and nothing for sub-$250,000 producers.

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Retirement

Bringing CITs Into the Conversation

Educating sponsors is an essential first step.

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Seven Things to Consider When Choosing Marketing Software for Your Advisors

FMG Suite offers insights to help broker-dealers.

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Building Your Business with IRA Rollovers

Build your business and help your clients with the do's and don'ts of rollovers in an IRA.

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estate planning

Are We Approaching Estate2K for Digital Assets?

Three factors on which planners need to focus.

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The Daily Brief

Carson Partners Poaches LPL Team

Parsons, a California team with $180 million in assets, joins Carson.

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Rules Based Disclosures Now Available In MyRepChat Texting App

The new set of features allows firms much more flexibility in customizing disclosures based on their own needs.

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