Morning Memo
Wealth Management Morning Memo

DECEMBER 28, 2017

ETFS

Where Are ETFs Headed?

“In five years, you’ll be able to have a full portfolio of ETFs for only 1 or 2 basis points. Good for investors, rough for the industry. You will also see stuff put into ETFs that you didn’t realize was stuff. Anything in Wall Street brain cells will be ETF-ized,” says Bloomberg Intelligence ETF analyst Eric Balchunas.

FULL ARTICLE

ETFS

Let’s Get Real About Interest Rates

Latest report shows flickering embers of inflation

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SPONSORED CONTENT

Challenge: Saving For Health Care Costs in Retirement

Rising Costs May Put Necessary Care Out of Reach

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BUSINESS PLANNING

Defining and Refining Your Business Plan for Success in 2018

Three steps advisors can take to approach planning more proactively.

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The Daily Brief

Schwab Exec: Bitcoin Crash Nothing to Fear

Jeffrey Kleintop, Schwab's Chief Global Investment Strategist, says the broader economy has nothing to fear from a potential crash in the value of Bitcoin, which has risen dramatically over the past year. ...

Mark Cuban: Bitcoin More a "Collectible" Than a Currency
Billionaire entrepreneur Mark Cuban said in an interview this month that bitcoin and other cryptocurrencies are far from being accepted and used as are other fiat currencies. The time and expense to transact using bitcoin, he said, is much worse than credit card processing, for example. ...

Louisiana Advisor Charged With Fraud
A financial investment advisor from Louisiana has been charged with defrauding clients of more than $150,000, using their money for personal expenses and to pay off other investors. ...

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