Morning Memo
Wealth Management Morning Memo

DECEMBER 23, 2017

BUSINESS PLANNING

The 10 Best Business Books for Advisors in 2017

We ventured far afield to recommend the most deserving books that help you do your job better.

FULL ARTICLE

INDUSTRY

Future Breakaways Expect the Brokerage Industry to Crumble in 2018

An unfavorable work environment was among the reasons they are considering the independent channel.

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INFORMA INTELLIGENCE

An Economist’s Look at 2018 and Beyond

While markets move each and every day, we still like the calendar constraints to put a year in context.

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TRUMP TAX REFORM

The Tax Plan: A Comprehensive Visual Breakdown

What exactly does the final version say?

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TRUMP TAX REFORM

FIFO Rule Excluded from Final Version of the Tax Bill

The rule “would have been another regulatory headache dropped on the industry,” say financial advisors.

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ALTERNATIVE INVESTMENTS

Why the Floodgates Are Open for Water Investments

The focus on water treatment, infrastructure and supply could lead to a $1 trillion market by 2020; Look to these areas for the investment opportunities.

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INDUSTRY

CFP Board Revamps New Standards Proposal, Removes Disclosure Requirements

In the newest version of its proposed standards, the CFP Board retains the extension of fiduciary duty to all financial advice and removes disclosure requirements before an advisor enters into a formal relationship with the client.

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ETFS

A Lookback At ETFs From The Trenches

Seventeen years ago, iShares launched its first wave of ETFs, and immediately changed the asset management business. A member of that team recalls how the magnitude of its success took even some insiders by surprise.

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REGULATION AND COMPLIANCE

PIABA Report: Non-Attorney Reps a Threat to Investors in Arbitration

As FINRA considers whether non-attorneys should continue to represent investors in arbitration, a new PIABA report spotlights a disturbing pattern of problems with some of those representatives.

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INSURANCE

Digging Into the Black Box of Life Insurance

By scratching under the surface, smarter decisions can be reached.

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