Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at threats to the AUM model.

Quote of the Day

"At the core of those who oppose the new fiduciary rules is a basic belief: People ought to bear more responsibility for monitoring their finances and lives."

(Charles Duhigg)

Chart of the Day

A look at 401(k) balances across demographics.

(bloomberg.com)