Wealth Management Morning Memo

DECEMBER 18, 2021

FIXED INCOME

Very High Yields on Very Low-Risk Bonds?

Kevin McKinley

Series I savings bonds currently offer 7.12% annualized yield until May 1. So what's the catch?

COLLEGE PLANNING

College Loan Repayment 101

Lynn O'Shaughnessy

The best ways for individuals to pay off their college debt.

SPONSORED CONTENT

Putting Behavioral Finance to the Test

Sponsored by Charles Schwab Asset Management

Advisors reported that behavioral biases are much more evident this year—possibly prompted by the continued stresses of the pandemic.

TECHNOLOGY

Planswell Drops Fees For Financial Planning Software

Samuel Steinberger

Planswell is giving away its financial planning software for free, instead turning to business development and marketing to generate revenue.

PEOPLE

Rohit Mahna Joins Fidelity Institutional as Head of Client Growth

Patrick Donachie

The former senior vice president for Salesforce will lead the Client Relationship Group starting in January.

SPONSORED CONTENT

Lesson Plan for Municipal Bond Investors

Sponsored by Goldman Sachs Asset Management

Here are a few things we think investors should keep in mind.

REGULATION AND COMPLIANCE

Former Advisor Sentenced to 14 Years in Federal Prison for $12 Million Scheme

Patrick Donachie

Paul Ricky Mata, who held online seminars called 'Finances God's Way,' fleeced the elderly and churchgoers, according to the Justice Department.

INDUSTRY

Hightower Acquires $1.8B Kansas RIA

Diana Britton

During a year when ever-larger RIAs are being acquired, Hightower says it reached a deal with 6 Meridian, a $1.8 billion AUM firm in Wichita, Kan.

SPONSORED WEBINAR

Potential Implications of Proposed Tax Law Changes

Sponsored by Investments & Wealth Institute

This session on Monday, Dec. 20th reviews planning considerations and strategies for advisors looking for ways to lessen the impact of proposed tax changes around equity compensation.

REAL ESTATE

Investors Pour Capital into Deep Pool of Private Equity Real Estate Funds

Beth Mattson-Teig

Diversification, fixed incomes, lower volatility and a hedge against inflation are spurring interest in commercial real estate funds.

TECHNOLOGY

Advisor360 Remodels Software to Make Onboarding Easier

Samuel Steinberger

Hoping to make it simpler for advisors to onboard, Advisor360 is launching new software bundles for enterprises.

REAL ESTATE

Multifamily Assets in Emerging Markets Are a Lucrative Investment Opportunity

Max Sharkansky

The key is finding the right assets now, before pricing catches up with demand levels.

HIGH NET WORTH

Elon Musk Faces $10 Billion Tax Bill as He Spars With Elizabeth Warren

Tom Maloney and Ben Steverman

Musk faces the unusually high tax bill after exercising almost 15 million options and selling millions of shares to cover taxes.