Morning Memo
Wealth Management Morning Memo

OCTOBER 16, 2019

REGULATION AND COMPLIANCE

PIABA: It’s Still Too Easy for Brokers to Erase Bad Behavior

A new report by the arbitration attorneys’ group points to continued abuses of FINRA’s expungement process; the group calls for an independent investigation into the latest issues.

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Vision 20/20: Global Markets Outlook
February 27-28, 2020 | Orlando

Vision 20/20: Global Markets Outlook offers attendees a global vision for more financial and commodity markets than any other conference. Four market-specific event tracks – Agriculture, Dairy, Correspondent Clearing, and Wealth Management – provide attendees with big-picture insights and detailed market forecasts to help run their businesses better in 2020 and beyond.

PEOPLE

Former Woodbridge Group CEO Gets 25 Years in $1.3 Billion Fraud

Robert Shapiro received the maximum sentence for running a scheme that caused more than 7,000 retirees and other investors to lose money.

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SPONSORED CONTENT

Tapping the Family Tree: Are You Ready For the Great American Wealth transfer?

If you're like many experienced financial professionals, you may have noticed a trend across your client base - it's getting older.

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CLIENT RELATIONS

Why Advisors Need to Know About a New Kind of Dementia

LATE dementia mimics Alzheimer's disease and it far more widespread than expected.

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SPONSORED CONTENT

Get Your Annuities Conversation Guide

Turn clients' retirement questions into protected income conversations.

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The Daily Brief

INDUSTRY

SEC: Cetera Owes $21 Million in Gains From Share Class Violations

The amended complaint follows an action filed in Denver in late August, charging Cetera with breaking its fiduciary duty to clients.

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PHILANTHROPY

Fidelity Charitable Boasts Record Boost in Giving

The public charity's total for 2019 has hit $5.25 billion with more than two months remaining in the year, exceeding the previous year's all-time high.

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TECHNOLOGY

BNY Mellon's Pershing Announces Manager Gateway

The custodian's new offering is a successor to its Manager Workstation, with new interface, features and workflows.

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