Wealth Management Morning Memo

AUGUST 23, 2018

HIGH NET WORTH

Six Charts That Show How Cash Is Still King

John Kador

Where is cash going, who's accumulating it and what will happen as developed countries move away from it?

PEOPLE

Raymond James Gains New York Team Managing Over $1 Billion

Michael Thrasher

One of the managing directors has been in the industry more than 40 years.

WEALTH MANAGEMENT MID-YEAR OUTLOOK 2018

Rising Rates Can Be a Nightmare for Fixed-Income Investors - But There Is an Alternative Solution

Sponsored by Resource

Senior secured loans may provide an alternative income solution with downside protection.

HIGH NET WORTH

IRS Issues Proposed Regs on Section 965 Transition Tax

Elliot Galler

Nine sections affect U.S. persons with direct or indirect ownership interests in certain foreign corporations.

2018 WEALTHMANAGEMENT INDUSTRY AWARDS FINALIST

Speaking Up to Stand Out

Sponsored by Scivantage

Offering digital services extend and scale the services that advisors already provide.

The Daily Brief

INDUSTRY

Midwest RIAs Merge to Form $5 Billion Firm

Michael Thrasher

Culturally is was “probably one of the easiest deals in the world.”

MUTUAL FUNDS

UBS Launches Social Impact Funds For Private Clients

Samuel Steinberger

The equity fund carries a management fee of 75 basis points, while the fixed income fund carries a 15 basis point fee.

ALTERNATIVE INVESTMENTS

Study: Growing Interest In ESG Investing

Samuel Steinberger

Healthcare and disease mitigation are the topics most of interest.

READ MORE OF THE DAILY BRIEF