WealthManagment.com Daily Memo
Wealth Management Daily Memo

MAY 22, 2020

PEOPLE

SEC Halts Advisor's Ponzi Scheme Preying on Seniors

Paul Horton Smith Sr. faces criminal charges for allegedly using new investor funds to pay interest and the return of principal to those same investors.  

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REGULATION AND COMPLIANCE

Tennessee RIA With $2 Billion in AUM Gets PPP Loan

Thoroughbred Financial Services said the loan would be used to support payroll and other expenses allowed under the program's guidelines, according to the firm's updated Form ADV.  

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SPONSORED CONTENT

The Great Migration

Financial advisors moving from wirehouses to independent broker/Dealers.

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TECHNOLOGY

Digital Metrics Soar At Raymond James, TIAA

From virtual home office advisor recruiting visits to videoconferencing, firms are seeing massive growth in digital interest.

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CORONAVIRUS COVERAGE

CAREERS

The Financial Advisor of the Future

Start preparing yourself now for the digital transformation.

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HIGH NET WORTH

Can a 2020 Payroll Tax Cut Save the Economy?

Pros and cons of a potential tax holiday.

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PEOPLE

Goldman Sachs CEO Spotted At Exclusive Zoom Party

CEO David Solomon stopped by Quarantunes to make a donation, alongside celebrities like John Legend and Ricky Gervais.

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SPONSORED CONTENT

Fidelity's Definitive Guide to Portfolio Construction Solutions

Constructing portfolios for today’s markets.

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