Morning Memo
Wealth Management Morning Memo

DECEMBER 5, 2017

TRUMP TAX REFORM

How to Prepare For Tax Reform Now

Waiting until the final legislation is signed may not provide enough time to make changes before the end of the year.

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ETFS

Changes Coming to Sector-based ETFs

Is Facebook a tech company? Or a communications company? The system that determines which companies belong in which industries is changing next year - and so may your clients’ portfolios.

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SPONSORED CONTENT

Beyond the Typical Millennial Research

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CLIENT RELATIONS

When the Holidays Are Not So Cheery

Differentiate yourself by choosing to offer authenticity and genuine comfort.

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The Daily Brief

LPL’s Carolina Complex Has a New Owner

The Griffin Capital Essential Asset REIT has purchased LPL Financial’s corporate campus in Fort Mill, S.C., for $130 million. LPL opened the new 27-acre office complex in late 2016, and it includes 450,000 square feet of sustainable office space. Nearly 2,000 employees work out of the campus. ...

IRAs Gain Further Prominence in Retirement Balance Sheets
A recent report by the Investment Company Institute reveals that as of 2017’s second quarter, IRAs had more than $8.4 trillion in assets, which represents 31 percent of total US retirement assets. This is a surge from 19 percent two decades ago. In terms of household balance sheets, IRAs make up 11 percent of assets from just 6 percent 20 years earlier. ...

Think You're An Early Riser?
Think you're an early riser? In a recent interview with Business Insider, Rick Rieder, BlackRock's chief investment officer of fixed income, said he gets up at 3:30 a.m. every day. The manager overseeing $1.7 trillion barely sleeps and he even works straight through at least one weekend every month. ...

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