WealthManagment.com Daily Memo
Wealth Management Daily Memo

APRIL 29, 2020

REGULATION AND COMPLIANCE

Some RIAs Denied PPP Loans, Leaving Advisors Puzzled

Some advisors were deemed ineligible for the government’s loan program, but it’s unclear why.

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TRANSPARENCY WITH DIANA B.

From Riches to Refugee

In the early ‘90s at the age of 17, advisor Kashif Ahmed and his family found themselves at the center of Iraq’s invasion of Kuwait by Saddam Hussain. Here, he shares his journey out of the country.

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SPONSORED CONTENT

90 Years of Bulls and Bears

This brochure helps clients see how investors fared through nine decades of ups and downs.  

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HIGH NET WORTH

IRS Provides Guidance Regarding Estate and Gift Tax Deadlines

A new FAQ section on its website provides answers to questions on COVID-19 relief.

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CORONAVIRUS COVERAGE

PEOPLE

COVID-19 Positive: How One Advisor Is Coping With the Virus

“That first night was just agony and screaming, because the body was under attack. But a virus is not going to take me down," said Kashif Ahmed, a Boston-based financial advisor who contracted COVID-19.

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PHILANTHROPY

DAFs Are Thriving During the Pandemic

Donors are stepping up their giving in response to COVID-19.

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HIGH NET WORTH

IRS Helps Foreigners Stranded in the United States Due to COVID-19

Two new revenue procedures provide some relief.

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SPONSORED CONTENT

Muni Tax Loss Harvesting Case Study

Learn how Gurtin offset $1.27MM in state and federal taxes in 2018.  

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CLIENT RELATIONS

Emotional Support for Unemployed Clients

With more than 26 million Americans out of work due to the coronavirus crisis, here is how financial advisors can make them feel understood and demonstrate they are there for them.

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TECHNOLOGY

Most Remote Advisors Fail a Digital Security Test

A digital security vendor used FINRA's guidelines and rolled out a digital security assessment tool for advisors working remotely: Only 15% got a perfect score.

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