Wealth Management Morning Memo

SEPTEMBER 8, 2018

ETFS

The 10 Worst Performing ETFs So Far in 2018

Aniket Ullal, First Bridge Data

The 10 worst performing ETFs of 2018, ranked by year-to-date returns.

TECHNOLOGY

You've Been Listed: SmartAsset Unveils 10,000 Public Advisor Profiles With Plenty More to Come

Michael Thrasher

If you’re an advisor and you don’t have a profile already, there’s a fair chance you will before the end of next week.

TECHNOLOGY

This Tech-Advisor Hybrid Wants Your Small Clients

Samuel Steinberger

Facet Wealth’s wheelhouse is the same client profile advisors are typically trying to offload.

HIGH NET WORTH

Crazy Rich Asians: Six Ultra-High-Net-Worth Trends

Michael Thrasher

New York is no longer the world’s capital of ultra-high-net-worth individuals, and five other trends of interest to financial advisors.

RETIREMENT PLANNING

Potential Changes for Workplace Retirement Plans

Samuel Steinberger

Trump’s executive order means guidance and recommendations around MEPs, and RMDs will culminate in federal proposals within a year.

INDUSTRY

Live Oak Bank Starts Its Own RIA

Michael Thrasher

The regional bank known for lending to advisory firms has started one of its own.

ESTATE PLANNING

New IRS Proposed Regs Nullify SALT Limitation Workaround Attempts

Richard L. Fox and Jonathan G. Blattmachr

Rules also affect charitable deductions under long-standing tax credit programs.

CLIENT RELATIONS

Duran: Do Clients Know What You’re Worth?

Samuel Steinberger

Advisors are too often guilty of focusing on money as the destination, not the fuel providing a means to arriving at a destination, said CEO of United Capital.

TECHNOLOGY

Orion And Schwab Build API-Level Account Opening Tool

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Schwab and Orion have partnered to provide advisors with a fully digital client account opening process - no PDFs required.

PROSPECTING

How to Get More, and Better, Referrals

Chris Radford

Use these strategies to find new prospective clients.

CLIENT RELATIONS

Financial Planning in the Age of Dementia

Jeff Motske

The key to financially protecting a client in the age of dementia lies in teamwork.