Morning Memo
Wealth Management Morning Memo

MAY 11, 2021

HIGH NET WORTH

What Does the Archegos Collapse Mean for Family Offices?

Credit Suisse and the other banks did not ask enough questions, nor did they get the right answers about what Archegos was doing.

FULL ARTICLE

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PEOPLE

Journey Strategic Wealth Adds Damian Lo Basso As Partner

Damian Lo Basso, formerly of CFO Solutions and Dynasty Financial Partners, will be the fourth partner of Journey Strategic Wealth, launched earlier this year. 

FULL ARTICLE

SPONSORED VIRTUAL EVENT

Earn One FREE CE Credit – June 9 Live Event

Experts discuss family philanthropic conversations with clients.

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ETFS

Value-Oriented Sector ETFs Driving Flows in 2021

U.S. sector and industry ETFs gained in popularity in 2021 as investors sought targeted exposure to the Energy, Financials, and Materials.

FULL ARTICLE

ESTATE PLANNING

Florida Enacts Economic Nexus Law

The state will require out-of-state sellers to collect sales tax on tangible personal property

FULL ARTICLE

SPONSORED WEBINAR

Strategies for Navigating a Low Rate Environment

The municipal bond market has begun the year with a negative total return—but this could be good news for investors looking for an entry point. Join us on May 12th for a discussion on municipal market update and outlook, solutions for clients frustrated by low yields and concerned about higher rates, the state of municipal credit—uncovering opportunities in a low rate environment.

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