Morning Memo
Wealth Management Morning Memo

FEBRUARY 10, 2020

TECHNOLOGY

Schwab's Clark Promises "Best of Both Worlds" Tech for RIAs

Schwab issues pledge to advisors that the custodian technology post TDAI acquisition will be "open architecture" and will include "a rapidly growing network of third-party providers." But it won't be called Veo One.  

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INDUSTRY

Creative Planning Takes Minority Investment From Private Equity Firm

"The path here was not to maximize value or exit," CEO Peter Mallouk said. "If that were the goal, I would have sold a majority stake."

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SPONSORED CONTENT

Partner Perspectives: 2020 Outlook

Trade, volatility, elections: What to watch in the year ahead.

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INSURANCE

Cannabis Investors Face Life Insurance Challenges

It's now easier for cannabis users to get coverage than it is for cannabis investors.

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MARKETING

Organic Search vs. Paid Search

Which is the best for financial advisors?

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DEAD CELEBRITY PODCAST

Elizabeth Taylor and Philanthropy

Elizabeth Taylor chose one cause—AIDS—as her mission in life to support. Even after her death, the foundations and organizations she created and supported are still thriving.

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The Daily Brief

PEOPLE

Betterment And Its CCO Part Ways

Betterment assigned its legal officer to the vacated compliance role.

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ALTERNATIVE INVESTMENTS

Bitwise Crypto Index Jumped on News of Iranian Drone Strike

But it's still too early to say the crypto market is a fail-proof equity hedge during times of global distress, says Bitcoin researcher Matt Hougan.

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EQUITIES

Investors Vote for Conservative Portfolios Ahead of November Elections

Investors turning to more conservative portfolios ahead of what's expected to be a volatile year, both in the markets and in politics.  

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