Wealth Management Daily Memo

JULY 26, 2019

TECHNOLOGY

Fortnite's Advising Opportunity

Samuel Steinberger

The Fortnite World Cup taking place in New York City is going to mint millionaires.

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INDUSTRY

Raymond James Boosts Advisor Ranks and AUM

Erick Bergquist

Raymond James Financial reports that its advisor ranks swelled to a record 7,904 in its fiscal third quarter while AUM grew 6% year over year to $143.1 billion.

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ETFS

Seventeen Recent ETF Launches

Aniket Ullal, First Bridge Data

Funds focused on cannabis, Shariah principles, ESG and more were among the recent ETF launches in July.

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