Morning Memo
Wealth Management Morning Memo

SEPTEMBER 22, 2017

TECHNOLOGY

Experiencing Fintech Paralysis? Four Ways to Jumpstart Your Decision

Financial professionals are paralyzed by the amount of fintech choices, and we are seeing it more and more.

FULL ARTICLE

CAREERS

Wirehouse Recruiting Reductions Affect All Advisors

Even if a move is not part of your immediate plan, the cutbacks have signaled a big change for all advisors.

FULL ARTICLE

TEN TO WATCH

Ten to Watch: Rakhi Kumar, Head of ESG, SSGA

Rakhi Kumar is the Head of ESG Investment at State Street Global Advisors.

FULL ARTICLE

The Daily Brief

World's Richest Woman Dies

Liliane Bettencourt, the heir to the L'Oreal cosmetics fortune and richest woman in the world, has died. She was 94. Bettencourt's net worth was estimated to be approximately $35.9 billion. ...

iCapital Acquires $2.5 billion Private Equity Platform
iCapital Network announced plans to acquire the U.S. private equity access fund platform from Deutsche Bank, adding 33 funds and $2.5 billion in invested assets to its platform for high-net-worth investors. iCapital will use its technology to automate the ongoing administration of the funds and provide operational support for investors. ...

Singles Trail Married Couples in Financial Health  
According to a new TD Ameritrade survey, single adults have more friends, are more likely to volunteer their time, and are as healthy or healthier than their married peers, but fall behind when it comes to finances. However, this could open an opportunity for advisors. ...