Morning Memo
Wealth Management Morning Memo

MARCH 25, 2020

INDUSTRY

Running a Financial Advisory Firm in a Recession

These financial advisors managed to grow their advisory firms during the Great Recession of 2008 – lessons learned from that experience may help advisors facing the next one.  

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EQUITIES

Want to Stabilize Markets? Give Cash to Small Businesses

Due to the economic shutdown, jobless claims could soar to 2 million-plus. A way to offset the pain? Quick cash payments to small businesses, says ClearBridge's Jeff Schulze.

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SPONSORED CONTENT

Our Active Emerging Markets Solution vs. Passive Investing

Reflections on the relative role, advantages and disadvantages of active vs. passive investing in emerging markets.

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RETIREMENT PLANNING

Medicare vs. Medicare Advantage

What’s the right choice?

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CORONAVIRUS COVERAGE

BUSINESS PLANNING

Managing Your Business Life in Uncertain Times

While there is much financial advisors cannot control about their professional trajectory at the moment, there are some important points to focus on to stay on track.

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INDUSTRY

Raymond James Defers In-Person Advisor Recruiting

The advisory firm puts "on hold" face-to-face advisor recruiting meetings, sees net assets fall as cash sweeps surge amid coronavirus pandemic.

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INDUSTRY

What To Do With $1,000? Advisors Debate Government Stimulus Checks

If your clients each receive $1,000, what would you suggest they do with it? Here's how some advisors are thinking about 'Yang payments.'  

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SPONSORED CONTENT

Quality is the Key to Getting the Shift to Small Cap Value Right

After a rise in small cap growth stocks, consider the importance of strong performance and consistency of returns. Learn how emphasizing quality in the SmallCap space can be a critical building block for investors.

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INDUSTRY

Wealth Manager Taps Medical Experts to Add to Client Advice

Cresset Capital Management's Avy Stein spends time talking with disease experts to bring clients investment advice that is fully informed by pandemic realities.

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INDUSTRY

JPMorgan Plans Firm-Wide Hiring Freeze Amid Virus Uncertainty

The bank asked managers in businesses including the corporate and investment bank, the consumer unit, and the asset- and wealth-management group to review job postings and pull listings for roles that don’t need to be filled immediately

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The Daily Brief

RETIREMENT PLANNING

DPL Offers Free Access For New Fee-Only Advisors

Market drops are whetting advisors' and investors' appetites for annuities and related insurance products.

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REGULATION AND COMPLIANCE

SEC Extends Comment Period On Proposed Accredited Investor Rule

April 24 is the new deadline to submit comment letters on several pending rules, including the agency's proposal to expand the accredited investor definition.

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TECHNOLOGY

Asian Fund Invests in iCapital Network

Meanwhile, BlackRock increased its minority stake in the alternative investment platform.

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