Morning Memo
Wealth Management Morning Memo

SEPTEMBER 19, 2019

MY LIFE AS A CLIENT

Yes, Investment Performance Matters

Successful financial advisors know what their clients really think about them. Period. With that in mind, we talked to Karen Davis, a former television executive and current broadcast journalism teacher in Miami, about her experiences.

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REGULATION AND COMPLIANCE

Latest GPB Lawsuits Show How Widespread the Problem Is

Two investors go after their brokers and firms, but this is likely just the beginning of a wave of litigation to come.

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SPONSORED CONTENT

U.S. Consumption Leading the Way

Ominous headlines suggest growing risk on corporate balance sheets, but don't forget about broader strength in the U.S. consumer.

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ETFS

Cboe, VanEck SolidX Withdraw Bitcoin ETF Proposal to SEC

Another setback in the attempt to list a Bitcoin ETF.

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SPONSORED CONTENT

Why More Advisors Are Hiring Outside Experts

Outsourcing can yield positive business results.

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The Daily Brief

TECHNOLOGY

Ally Invest Offers New "Freemium" Managed and Self-Directed Products

Ally Invest's managed portfolios have no advisory fees and an entry point of $100.

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INDUSTRY

State Regulator Bars Arbitration Clauses in Advisor Contracts

Virginia's State Corporation Commission ban on advisers using mandatory arbitration clauses in advisory contracts went into effect this week, but the rule is likely unenforceable.

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INDUSTRY

Arkadios Adds Two Advisor Teams from Triad

Chicago-based Jim Walesa and New Jersey-based Rivertan Financial Group, led by Ke M. Dao, bring more than $370 million in combined assets to Arkadios.  

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