Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at trends in wealth management.
Quote of the Day
“People right now are doing everything based on superficial feelings, and everybody in financial services wants you to believe that making money is a lot easier than it is, and that you can make money by doing what feels good..It’s not supposed to be easy, and it isn’t easy right now.”
(David Trainer)
Advisors
- Robo-advisors let human advisors shine at what they do best. (investmentnews.com)
- What private wealth managers can learn from "prestige brands." (cfainstitute.tumblr.com)
- Advisors are now pitching direct lending as a new asset class. (blogs.barrons.com)
- Why advisors want to break away: equity. (wsj.com)
- Edelman Financial Services is undergoing a PE-led buyout. (riabiz.com)
Also on Abnormal Returns
Personal finance
- 13 money tips for new parents. (marybstorj.tumblr.com)
- Meet a couple who donate a huge chunk of their income and still find a way to save. (qz.com)
- The downside of financial advice geared solely to women. (slate.com)
- The downside of Airbnb: the rise of the 'party house' next door. (nytimes.com)
- What things Americans seem to struggle with financially. (washingtonpost.com)
