Morning Memo
Wealth Management Morning Memo

MARCH 19, 2020

INDUSTRY

How Are Advisors Staying Sane During the COVID-19 Pandemic?

These are stressful times for clients, but also advisors. How do they cope? Exercise, outdoor walks, even meditation - but mostly, commiserating with others who share their experiences.

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ETFS

These ETFs Took in New Money Even as Markets Tumbled

Showing signs of optimism and alert to buying opportunities in down markets, investors poured fresh money into these ETFs during a scary week in the markets.    

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SPONSORED CONTENT

Active vs. Passive Fund Performance: 5 Learnings from the Second Half of 2019

Active small-cap funds saw a big rebound in one-year success rates, and more from the latest Morningstar Active/Passive Barometer.

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PHILANTHROPY

More Funding Needed for Female-Focused Charities

They’re underfunded compared to philanthropic giving as a whole.

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CORONAVIRUS COVERAGE

BUSINESS PLANNING

COVID-19 Could Be a Harsh Test for Advisors’ Business Continuity Plans

As the coronavirus pandemic spreads, advisors' business continuity plans may need to include much more than video chats and Slack channels.

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INDUSTRY

UPDATED: Advisor Events and Conferences Affected by Coronavirus

Is my event still on? Here's a running list of wealth management events and conferences canceled and postponed by the novel coronavirus pandemic.

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CLIENT RELATIONS

Steps to Help Advisors Ride Out the Volatility of the Coronavirus

During times like these, clients are anxious and angry; don't take it personally. Instead, be a calm and reassuring voice.

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INDUSTRY

A Big Picture Look at the Coronavirus Pandemic

We can gain some clarity by breaking down the news into three issues: the virus, the economic impact and the financial market implications.

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HIGH NET WORTH

Ultra-Rich Families Poised for Spending Splurge After Stock Rout

More than a third of family offices boosted their cash reserves last year as they bet on a global recession in 2020.

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FIXED INCOME

Why Are Real U.S. Yields Suddenly So High?

If the market is right about future inflation, Treasuries now look like a relative bargain.

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The Daily Brief

INDUSTRY

XYPN Offers Free Financial Advice to Those Affected by COVID-19

At least 50 fee-for-service financial planners are waiving their fees to provide advice to folks impacted by the coronavirus.

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REGULATION AND COMPLIANCE

State Attorneys General, NASAA Speak Out Against 'Accredited Investor' Change

Both comment letters criticized the SEC's proposal to change which investors can access private offerings, arguing there was a danger that retail investors could suffer heavy losses as a result.  

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