Morning Memo
Wealth Management Morning Memo

MARCH 27, 2021

TECHNOLOGY

What Advisors Need To Know About NFTs

From Lindsey Lohan to Elon Musk to Beeple, non-fungible tokens are a multimillion dollar business—for now.  

FULL ARTICLE

HIGH NET WORTH

Four Strategies to Prepare Clients for Tax Season

Consider these options before the May 17 filing date.  

FULL ARTICLE

TECHNOLOGY

Envestnet Adds Data, M&A and Marketing Execs

The firm added its first ever chief data and analytics officer and its first chief marketing officer since 2013, among other leadership hires, in an effort to bring more coherence across the business lines.

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REAL ESTATE

The DST Industry's Growth is Fueled by 1031 Investors

As a form of fractional investment, DSTs have become popular among accredited investors as a replacement property to complete exchange transactions.  

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REGULATION AND COMPLIANCE

SEC Charges Unregistered Brokers Who Sold Allegedly Fraudulent Securities

The SEC claims Ronald Frank Stevenson and Jason P. Wootten unlawfully sold securities in EquiAlt, which has been accused of operating a $170 million Ponzi scheme.  

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TECHNOLOGY

Pershing's New Digital Repapering Tool Enters Beta Tests

Pershing is building and testing a tool to help it onboard clients from breakaways and competitors more quickly.  

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CELEBRITY ESTATES PODCAST

Advising Entertainment Industry Clients

There's an entire ecosystem of entertainment industry employees that extends far beyond what the camera captures.  

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INDUSTRY

Focus Financial Partners, Hinduja Family Launch MFO

With four private wealth advisors and backing from one of the richest families in the world, Beryllus Capital marks Focus Financial’s push into UHNW and international markets.  

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TECHNOLOGY

White-Label WealthTech Provider Marstone Partners With FreeWill

The provider of wealth technology to advisory firms and institutions adds an integration to the digital estate planning startup.  

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HIGH NET WORTH

Playing Fair with Family and Money

Conflicts may not be avoidable, but they can be reduced.  

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