WealthManagment.com Daily Memo
Wealth Management Daily Memo

AUGUST 7, 2020

REGULATION AND COMPLIANCE

State Attorneys General, Fiduciary Advocates Say DOL Fiduciary Proposal Falls Short

The rush of comment letters comes on the final day of the comment period for the Labor Department's new proposal to replace the Obama administration's vacated fiduciary rule.

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PEOPLE

Senate Approves SEC Nominees Crenshaw, Peirce in Voice Vote

The full Senate vote was the last step in the SEC nominations for Caroline Crenshaw and current Commissioner Hester Peirce.

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HIGH NET WORTH

Avoiding State Income Tax May Be Harder Than You Think

Collaboration among advisors may help achieve a positive outcome.

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CLIENT RELATIONS

The Advice Formula

This pandemic has created a window of opportunity for financial advisors to become the “go-to” person among their clients, prospects, COI and everyone in their orbit. Here's how.

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