Morning Memo
Wealth Management Morning Memo

OCTOBER 13, 2018

ETFS

These ETFs Were Hit the Hardest During the Stock Market Rout

Stocks have been sliding since Oct. 3, not just the past two days. These ETFs have taken the brunt of the sell off.

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EQUITIES

Five Reasons Why Stocks Are Selling Off Now

U.S. stocks had their worst day in eight months this week. Here's why.

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INDUSTRY

A Wells Fargo Broker Finds New Home at $1 Billion RIA

To escape the damaged reputation of his employer, one of Wells Fargo's top brokers decided to start his own advisory firm. Thanks to a chance introduction to a like-minded soul, it turns out he didn’t have to.

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REGULATION AND COMPLIANCE

Higher Number of RIAs Run Afoul of State Regulators

Last year, RIAs had more bad actors than broker/dealers, according to the North American Securities Administrators Association.

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ALTERNATIVE INVESTMENTS

How Smart Are You About Investing in Gold?

How reliable a guide are you in estimating the role of gold in a diversified investment portfolio?

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INDUSTRY

Morgan Stanley Brokers, Bankers to Get New Tech-Friendly Offices

About 1.2 million square feet (111,000 square meters) of office space will get an overhaul in the next 15 months to put technology experts closer to brokers, traders and bankers.

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INSURANCE

Life Insurance Russian Roulette

Is it worth taking an undue risk to save a few bucks?

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HIGH NET WORTH

How Long Can Your Tax Returns Haunt You?

The IRS statute of limitations and how it applies.

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CAREERS

The Pitfalls and Perils of Making a Move

Before considering a jump, learn from others who have gone before you.

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HIGH NET WORTH

Five Tips to Ensure Clients’ Political Donations Are Proper

Principles to keep in mind during the coming election season.

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