Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at how to work more effectively with couples.
Quote of the Day
"Only 23% of CFP® professionals and 18% of CFA® charterholders are women. According to Cerulli Associates, 15.7% of financial advisors are women. Not all women want a female financial advisor, but they do want one who will listen to them and not fling financial gobbledygook in their face."
(Blair duQuesnay)
Practice management
- Aaron Klein's Riskalyze Fintech Report Card for September 2018. (wealthmanagement.com)
- Do you have a succession plan? (ebadvisormarketing.com)
- Why financial planners need conflict resolution skills. (onefpa.org)
The SEC
- The SEC needs to enforce a "bright line" between RIAs and broker-dealers. (morningstar.com)
- Hiring freezes will make the SEC even more understaffed when it comes to RIAs. (fa-mag.com)
Decision making
- Financial education is best served in relation with actual decisions. (marketwatch.com)
- Peer-to-peer communication has big effects on financial decision making. (papers.ssrn.com)
Robo-advisers
- Pioneering robo-advisors, Betterment and Wealthfront, now have widely diverging strategies. (investmentnews.com)
- A profile of Betterment CEO, Jon Stein. (bloomberg.com)
- A link to Accenture's recent report on the changing nature of wealth management advice. (accenture.com)
Adviser stuff
- There's no such thing as a typical investor. (morningstar.com)
- Advisers need to focus more on post-retirement planning. (etf.com)
- Advisers earn their stripes in down markets. (blairbellecurve.com)
- The financial services industry has been taking advantage of human nature from the get-go. (tonyisola.com)
- Only 5% of Americans who should, pay the Nanny Tax. (wsj.com)
- Defaulted 401(k) loans are a big drag on employee retirement savings. (wsj.com)
