Morning Memo
Wealth Management Morning Memo

MARCH 23, 2018

CAREERS

What Advisors Can Learn From the Goldman Departures

With an increasing number of advisors leaving Goldman Sachs, it’s time to take notice and understand why.

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EQUITIES

Challenges Facing Passive Investing

Declining liquidity and incrementally more sellers than buyers offer plenty of reasons to be more cautious and particular about investments.

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SPONSORED CONTENT

The Future of Model Access and Delivery

Read Vestmark’s recent E-Book to discover what the future holds for model access and delivery and learn how third-party model platforms will help.

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PROSPECTING

The Simplest Way to Get to a Faster Prospect Decision

Leave the room.

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The Daily Brief

Head of RIA Business Leaves Raymond James

Bill Van Law, the president of Raymond James' Investment Advisors Division (IAD), is leaving the independent broker/dealer in April. He's departing after 15 years to "pursue other personal and professional interests," Raymond James said in a statement. ...

Tom Bradley Joins Advisory Board at MaxMyInterest
Tom Bradley Jr., retired president of retail distribution at TD Ameritrade, has joined the advisory board of cash management and optimization platform MaxMyInterest. As a result of TDA’s acquisition of Scottrade, the firm named Peter deSilva, head of Scottrade’s retail business, to lead its retail distribution business last fall. ...

How to Report Bitcoin to the IRS
Financial advisors with clients who sold bitcoin in 2017 should treat it just like stocks, according to the IRS. Yahoo Finance reports that the IRS first posted official guidance on cryptocurrencies in 2014, and the language hasn't changed since. ...

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