Wednesday is all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at why advisors are a stressed out bunch.
Quote of the Day
"Plan for the unexpected. Get comfortable with losing. Enjoy the journey. "
(Dougal Williams)
Robo-advisors
- Wealthfront's offering is getting more complicated. (bloomberg.com)
- A closer look at the limitations of Vanguard's Personal Advisory Services. (philly.com)
Fees
- Advisors are experimenting with new pricing models. (wealthmanagement.com)
- What fee models are advisors using besides traditional AUM fees? (insurancenewsnetmagazine.com)
- Why larger firms are able to charge higher fees. (fa-mag.com)
Advisors
- Private equity firms are deploying even more capital rolling up investment advisory firms. (bloomberg.com)
- Amazon ($AMZN) is already in the wealth management business, via AWS. (financial-planning.com)
- What advisory jobs are really at-risk to automation? (kitces.com)
- Why advisors should not ignore the daughters of HNW clients. (blogs.cfainstitute.org)
- Should financial advisors write a book? (financial-planning.com)
IRAs
- IRAs are another option for individuals looking to make tax-advantaged charitable contributions. (morningstar.com)
- How an expert botched her own RMD. (morningstar.com)
Behavior
- Small changes in behavior, if given time to compound, can really add up. (awealthofcommonsense.com)
- Why 'doing nothing' is so incredibly hard. (mullooly.net)
- Four numbers about your finances you should know cold. (humbledollar.com)
- Why buying time is crucial to happiness. (getrichslowly.org)
Personal finance
- Ben Carlson, "Salary is not the same as savings. Luxury does not always equate to wealth." (awealthofcommonsense.com)
- Some financial rules of thumb that make some sense. (getrichslowly.org)
- The relatively straightforward case for life (insurance) settlements. (humbledollar.com)
- Why pulling the trigger on a fixed annuity is so challenging. (rivershedge.blogspot.com)
- How long should you keep tax documents? (humbledollar.com)
- Losing your life savings increases the chances of death. (wsj.com)
- People being born today should expect to live a long life. (calculatedriskblog.com)
