Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at the importance of vendor management for compliance purposes.
Quote of the Day
"As a financial advisor, you will own the asset allocation more than anything else, even if the personal relationship and the planning piece is a lot more meaningful than the fund selection."
(Josh Brown)
Fiduciary issues
- Blair duQuesnay, "Brokers and fiduciaries just don’t mix." (blairbellecurve.com)
- Why you should ask your financial advisor "Are you a fiduciary 100% of the time?" (iheartwallstreet.com)
- Dina Isola, "Mistakes get made in life, but a predatory culture is hard to shake – and even more difficult to clean up." (tonyisola.com)
Investing
- Why advisers need a systematic approach to portfolio rebalancing. (researchaffiliates.com)
- Some comments on what free index funds mean for financial advisors. (advicereinvented.com)
Advisors
- Research on what robo-advisors need to do to fully compete with human advisors. (alphaarchitect.com)
- Why technology is likely to continue to put pressure on advisory fees. (danielsolin.com)
- Steps to take to avoid family squabbles over estate issues. (blairbellecurve.com)
- We are getting some more clarity on the new QBI tax deduction rules. (awealthofcommonsense.com)
- Why password management should be included as a part of financial planning. (morningstar.com)
- A downside of 401(k) plan auto-enrollment: more loans and early withdrawals. (wsj.com)
