Morning Memo
Wealth Management Morning Memo

APRIL 4, 2018

INDUSTRY

Ladenburg Partners with Professional Networking Group for Women

The W Source, which was founded about a year ago by financial planner Hannah Buschbom, helps female advisors establish networking groups of 20 to 25 professionals in their community.

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PHILANTHROPY

Indexed and Other Tax Adjustments for 2018

Not sexy—but important to know, nonetheless.

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SPONSORED CONTENT

Little Ado About Volatility

Spikes in volatility levels can impact returns on a fund’s portfolio. The low leverage point for Portfolio+ ETFs provide for relatively minimal impact of negative compounding over time for long-term investors.

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PEOPLE

JPMorgan Accused of Wrongful Death by Estate of Star Broker

Michael A. Lorig suffered from depression and mental illness, and the bank pressured him to retire rather than granting a long-term disability so he could be treated, according to the lawsuit.

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The Daily Brief

Sudden Loss of Wealth Harmful to Your Health

Americans who suffered from a sudden and substantial loss of wealth were 50 percent more likely to die in the next 20 years than those whose finances remained stable, according to findings published in the Journal of the American Medical Association ...

The Promise of Social Media Coming Through for Advisors
Eighty-six percent of advisors who use social media for business purposes are gaining clients from it, up from eight in 10 advisors in 2016 and 49 percent in 2013, according to a new survey by Putnam Investments ...

DriveWealth Raises $21 Million In Funding
DriveWealth, a cloud-based clearing firm, said Tuesday it raised $21 million in its second round of funding.  ...

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