Morning Memo
Wealth Management Morning Memo

JUNE 7, 2021

ALTERNATIVE INVESTMENTS

Should Bitcoin be Part of a Client’s Investment Portfolio?

It is no secret that Bitcoin is a risky asset regardless of what risk measure you choose. It is in a class of its own. What is more surprising is the attractive risk-adjusted performance, says Ryan Nauman, Market Strategist at Informa Financial Intelligence’s Zephyr.  

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ETFS

Fund News Advisors Can Use: The Fed Wins Big with Credit ETFs

Thematic funds also come out ahead; Bob Doll joins faith-based asset manager; State Street CIO retires; and Nuveen adds portfolio managers on both coasts.

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SPONSORED VIRTUAL EVENT

Earn One FREE CE Credit – June 9 Live Event

Experts discuss family philanthropic conversations with clients.

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HIGH NET WORTH

Ultrarich Fleeing to Puerto Rico Find the IRS Already Waiting

The IRS quietly launched a coordinated campaign in late January to examine individuals who took advantage, starting in 2012, of tax incentives designed to lure high net-worth individuals and corporations to Puerto Rico.

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RETIREMENT PLANNING

Surge in Early Retirements Exposes Inequalities Among U.S. Baby Boomers

At least 1.7 million older workers retired early because of the pandemic crisis.

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SPONSORED CONTENT

The Home Stretch: 7-Step Retirement Checklist

Seven things to do in the decade before retirement.

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Individual Wealth

HIGH NET WORTH

Biden Administration Proposes Beefing Up Cryptocurrency Reporting

Will new standards help legitimize virtual currencies?

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HIGH NET WORTH

The Onassis Family Is Selling a Painting by Winston Churchill

Aristotle Onassis displayed the painting in the saloon of his super yacht the Christina, where it hung alongside paintings by El Greco, Pissarro, Gaugin, and Vermeer.

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SPONSORED WEBINAR

Turning Accumulated Retirement Savings into a Revenue Stream

This presentation is designed to help financial professionals develop retirement income strategies that retirees will understand and embrace. Attend on June 16th at 2pm ET / 11am PT.

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