Morning Memo
Wealth Management Morning Memo

JULY 2, 2018

BUSINESS PLANNING

The New Buyers: Familiar Names with Deep Pockets

Why some independent RIAs should consider selling their firms back to the same institutions they broke away from.

FULL ARTICLE

PEOPLE

Raymond James Chooses New Leader of Private Client Group

Scott Curtis, the president of Raymond James Financial Services, was tapped to oversee all of the firm's domestic advisory business.

FULL ARTICLE

CAREERS

You Didn’t Wake Up Today To Be Mediocre … Right?

Tips to light your fire through those going-through-the-motions days.

FULL ARTICLE

The Daily Brief

Investors "Sleeping With One Eye Open"

Investor optimism remains strong, according to the Wells Fargo Gallup Investor and Retirement Optimism Index, but Americans are wary of factors that could impact the markets and boost volatility. The survey found that 44 percent of investors were "somewhat concerned" about the recent stock market volatility, but 40 percent also said they were "not too" concerned. ...

Boston FA Sentenced in Fraud
A Boston-based financial advisor has been sentenced to 20 months in jail and ordered to pay clients nearly a half million dollars for his role in an investment fraud scheme. Cornelius Peterson, 29, along with co-defendant James Polese, 51, misappropriated about $500,000 from their clients, transferring money out of client accounts to fund their own investments and pay personal expenses. ...

TokenAI Uses AI To Decode The "Crypto" In Cryptocurrencies
Investors hung up on the "crypto" part of crypto assets will now have a little extra help. Crypto market and portfolio analysis platform TokenAI is making its artificial intelligence assistant Juliet available to platform users, the company announced. ...

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