The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

82-Year-Old Hermès Heir Being Sued by the Emir of Qatar for $1.3 Bn

The 82-year-old Hermès heir who promised to give away his $15 billion fortune to his gardener is now being sued by the Emir of Qatar for $1.3 Billion.

Firms Once Anticipated Business-Friendly Environment Now Face Mounting Pressure

Firms once anticipated business-friendly environment under Trump now face mounting pressure amid trade-related volatility and political uncertainty.

A Compelling Reason for Equity Investors to Remain Overweight U.S. Stocks

Morgan Stanley’s CIO Michael Wilson sees the dollar’s sharp decline as a compelling reason for equity investors to remain overweight U.S. stocks.

HSBC Becomes Latest Brokerage to Cut S&P 500 Annual Target Below 6000 Mark

HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index below the 6000 mark.

SMArtX Launches Manager-Traded Sleeves in UMA Framework to Expand Portfolio Flexibility

SMArtX Advisory Solutions has introduced manager-traded sleeves within its Multi-Strategy Multi-Asset Unified Managed Account (UMA) framework, enhancing its support for the complex portfolio construction and operational needs of RIAs, broker-dealers, asset managers, FinTech firms, TAMPs, and custodians.