Morning Memo
Wealth Management Morning Memo

JULY 16, 2020

INDUSTRY

Get Educated on Systemic Racism and White Privilege in Wealth Management

WealthManagement.com created this list of industry-related resources to help financial professionals understand systemic racism and white privilege. It is not exhaustive. Some of the organizations listed take donations.

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TECHNOLOGY

Aite Group: Wealth Management Firms with Strong Digital Investments Pass the COVID-19 Test

North American firms are ahead of the curve, Aite says.

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SPONSORED CONTENT

Tools That Help Take Uncertainty Out Of Retirement Income

During these unpredictable times, guaranteed income products can help take some of the guesswork out of saving for retirement—and eliminate uncertainty about generating enough retirement income.

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REGULATION AND COMPLIANCE

How Many RIA Jobs Were Supported by PPP Loans Remains a Mystery

The data shows more than 80,000 jobs in the investment advice industry were "retained" due to the small business loan assistance—but that number comes with a huge asterisk.

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HIGH NET WORTH

Survey of Family Enterprises Reveals COVID-19 Is Still a Big Concern

Biggest impediment to growth is recession or market downturn.

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The Daily Brief

REGULATION AND COMPLIANCE

FINRA’s Series 7 Testing Goes Virtual

The regulator is now taking online test appointments for the Series 7, the Securities Industry Essentials (SIE) and Series 6, as well as NASAA’s Series 63, 65 and 66.

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ETFS

American Century First to Launch Semi-Transparent Active ETFs With NYSE’s Structure

Two new American Century ESG ETFs begin trading, making it the first asset manager to use NYSE's active semi-transparent ETF structure.

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PEOPLE

LPL Recruits $300 Million Austin-Based Team From Voya

The IBD brings over a father/son team that helps teachers navigate their 403(b) plan options, a retirement system laden with problems.

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