Morning Memo
Wealth Management Morning Memo

JUNE 19, 2019

REGULATION AND COMPLIANCE

RIAs No Longer Allowed to Use Word 'Fiduciary' in Disclosures

The SEC made a substantial change to its Customer Relationship Summary that largely went under the radar: mandating the removal of the word "fiduciary" from RIAs' disclosure requirements.

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EQUITIES

Talking Points for Clients Around US-China Trade War

Political hype clouds the talk of China trade. Here are fact-based answers to some of the more pressing questions asked by clients.

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Guide: 3 Income Conversations Clients Want

These strategies can help you protect and grow your client relationships.

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CLIENT RELATIONS

How Do I Target Larger Clients?

It's imperative to have specific, well-defined parameters in mind.

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What's Behavioral Investment Counseling?

Modern financial advisors should do more than choose investments.

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The Daily Brief

TECHNOLOGY

U.S. Bancorp Lowers Barriers to Entry for Robo Advisor

The bank reduced both the minimum and fees for its automated advice offering by half.

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CLIENT RELATIONS

Government Report: Americans Seriously Lack Financial Know-How

The Financial Literacy and Education Commission suggests "mandatory financial literacy courses."

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TECHNOLOGY

Wealth Managers and High-Net-Worth Clients Embrace Digitization

A new report from Forbes Insights and Temenos also found a majority of wealth managers saw attracting mass affluent clients as "highly important" for their practice.

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