Morning Memo
Wealth Management Morning Memo

NOVEMBER 3, 2017

HIGH NET WORTH

House GOP Tax Plan, Explained

The House GOP plan looks a lot like the president’s, with a few producer’s notes.

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INSURANCE

Don't Let Your Clients' Liquidity Plans Get Trumped

Do you have all the information you need to properly advise your clients regarding their estate-planning life insurance needs?

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PEOPLE

Powell Brings Continuity and Experience

He will continue the Fed's policy of stepping back from unconventional monetary policies.

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Bloomberg

The Daily Brief

Financial Advisor Marries Blind Melon's "Bee Girl"

Matthew Greiner, a financial advisor for Northwestern Mutual in Irvine, Calif., recently got married to Heather DeLoach, best known as the "Bumble Bee Girl" from the music video for Blind Melon's hit song "No Rain." Greiner, 35, married DeLoach, 34, at the US Grant Hotel in San Diego on Oct. 7. Photos from the wedding were published this week in People magazine. ...

Family Caregivers Spend $190 Billion Annually
Family caregivers provide the bulk of long-term care in the U.S. today, with 40 million people spending $190 billion per year on their adult care recipients, according to a Merrill Lynch study conducted in partnership with Age Wave. While 92 percent of caregivers said they contribute to the costs of care or manage finances for the recipient, three-quarters said they have not discussed the financial impacts of their contributions. ...

Do Healthy Employees = Higher Stock Prices?

Does having a healthier workforce boost a company’s share price returns? Or are better-performing companies more likely to have higher-caliber employee health programs? It’s hard to tell, but UBS explores the topic in its recent Corporate Health Report. The report explores the health challenges facing companies in the U.S., Europe, Asia Pacific and emerging markets. ...

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