Wealth Management Daily Memo

AUGUST 2, 2021

REGULATION AND COMPLIANCE

SEC OKs FINRA Rule Forcing High-Risk Firms to Set Aside Funds

Diana Britton

The new rule would require high-risk broker/dealers to set aside financial reserves to deal with future claims, including unpaid arbitration awards.

Advertisement

ESTATE PLANNING

Five Tips for Dealing with an Unresponsive Corporate Trustee

Terry Doyle

A nonjudicial settlement agreement could be the answer.

SPONSORED CONTENT

Rising Demand for Financial Planning

Sponsored by NaviPlan

Thirty-four percent of CFPs reported an increase in prospect inquiries.

MICHAEL KITCES' #FASUCCESS PODCAST

Georgia Lee Hussey on Aligning Your Firm With Your Values

Michael Kitces

The founder and CEO of Modernist Financial discusses how she seeks to align her own personal values with those of her firm and the clients she serves.

REAL ESTATE

Online Banking, Consolidation Lead to Lower Interest in Bank Branches as a Net Lease Play

Jenn Elliot

Assets occupied by the top 10 banks are still highly prized. Investors view smaller operators more critically.

SPONSORED CONTENT

Why Digital Transformation is About More Than Technology

Sponsored by Black Diamond

Many firms look to take advantage of new technologies to advance their business—but the digital transformation process is as much about strategy as technology.

GET WHITE PAPER