View this email in your browser
The Skim for Financial Advisors & Investment Professionals
July 2019
Missed the June Issue? Read Now
  • Best Summer ever? Markets set new record all-time highs (S&P 500 3,013 and DOW 27,333) 
  • Trump, not a fan of Bitcoin (BTC $10,200)
  • Record Quarter for RIA Deals, according to Echelon Partners: there were 52 mergers or acquisitions involving RIAs in 2Q 19', up from a previous high of 49 in 1Q 19' via Michael Thrasher 
SEC and FINRA Issue Statement on Crypto Custody 

According to the joint statement, the organizations have yet to discover a set of circumstances in which a crypto custodian could comply with the SEC’s Customer Protection Rule. Read more on CoinTelegraph...
Cybersecurity Threats Remain Top RIA Concern In 2019

According to a joint survey of 369 RIA firms by the Investment Advisers Association (IAA) and ACA Compliance Group, 83% of RIAs called cybersecurity the “hottest” compliance topic and more than 70% indicating that they increased compliance testing in this area over the past year.
Wealth management platform AssetMark Financial sets terms for $250 million IPO

According to AssetMark's website, "AssetMark provides investment solutions to financial advisors specifically tailored to help investors achieve their life goals."

AssetMark serves approximately 137,000 investor households through 7,600 advisor relationships, according to its SEC filing. The firm grew 23% year over year with sales of $364 million in 2018.
"Another Cannabis ETF Sparks Up" via Benzinga (Read Now

$THCX now joins $MJ and $YOLO in the cannabis ETF club. Stifel analyst Andrew Carter recently published a report proclaiming global Marijuana sales may hit $200 billion within a decade. In 2019, expected worldwide sales are predicted to reach $15 billion. 
Orion Buys Planning Tech Provider Advizr via (Read Now) 
CFP Board to announce possible delay of new fiduciary standard via Investment News (Read Now)
Miami Dolphins Set To Accept Cryptocurrencies For Payments via Forbes (Read Now
In the News

Quoted in "16 Important Reasons You Shouldn’t Retire Early — Even If You Could" on Yahoo Finance (Read Now
Read Past Issues of The Digital Wealth Planner
Happy Trading,

Timothy Hooker, AIF® 
Founder of the Digital Wealth Planner

Tweet Tweet
Forward Forward
Share Share
Subscribe Now
Copyright © 2018  Digital Wealth Planner,
Published by Hooker Digital LLC

All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from the publisher. Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated and there is no obligation to update any such information. Hooker Digital LLC is committed to protecting and respecting your privacy. We do not rent or share your email address. Any investment ideas, theories, or trends shared in this letter should not be taken as personal advice or advice for your clients. The securities mentioned are not recommendations to buy, sell or trade, please consult with your individual investment advisor and only after reviewing the prospectus or financial statements of the company should you make a decision. The Digital Wealth Planner does NOT receive payments for sharing articles or links, nor does it receive commissions or incentives for the media published. Hooker Digital LLC is an independent media company providing journalistic insights and objective perspectives for financial advisors and investment professionals.  

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list

This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
The Digital Wealth Planner - Hooker Digital LLC · 242 Allen Lake Dr · White Lake, MI 48386-2403 · USA

Email Marketing Powered by Mailchimp