Morning Memo
Wealth Management Morning Memo

NOVEMBER 2, 2017

TECHNOLOGY

The Cybersecurity Problem Requires Human Solutions

In the wake of headline-grabbing hacks like Equifax, experts weigh in on how advisors can step-up their protection.

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ESTATE PLANNING

The “Comprehensive” Fiduciary Advisor: Reality, Myth or Liability?

Expanding roles lead to risks.

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TECHNOLOGY

Live From T3 Enterprise: Financial Planning Technology Takes The Stage

Financial planning technology has become the hottest product the big institutions are looking to deploy to better differentiate their advisors.

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The Daily Brief

The Biggest Financial Mistakes Made By Women

Ellevest co-founder and CEO Sallie Krawcheck offered her finance "dos and don'ts” to young women in a recent article by Buzzfeed News. The tips come from a recent question-and-answer session promoting her upcoming book, Own It: The Power of Women at Work. ...

Woodbury Financial Adds Tenacity Advisory Group
Woodbury Financial Services, which represents over 1,200 advisors across the U.S., announced a partnership with Tenacity Advisory Group (TAG). It's is the 140th advisory group to join Woodbury, which is part of Advisor Group. Green Bay-based TAG, founded in 2010, boasts $2 billion in client assets and 52 advisors in 30 offices across Wisconsin, Michigan, Ohio and Nebraska. ...

Utah Financial Advisor Pleads Guilty to Fraud

A financial advisor from St. George, Utah, has pleaded guility to tax evasion, securities fraud and wire fraud, according to The Spectrum. Henry Brock, 64, the president of Mutual Benefit International Group, marketed and sold a fraudalent tax scheme called "IRA Exit Strategy" that promised investors a way to avoid paying taxes on IRA withdrawals. ...

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