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 challenges of achieving greater gender balance in the advisory world.
Quote of the Day
"When you slap a 7%-12% sales commission on any financial product, a hungry sales force is going to find a way to sell it. Nobody wakes up in the morning searching for an annuity contract. They bought one because a salesperson contacted them and sold it. It’s a simple as that."
(Blair DuQuesnay)
Podcasts
- Josh Brown talks with three, young and up-and-coming advisors: Tyrone Ross, Justin Castelli and Douglas Boneparth. (thereformedbroker.com)
- Dina Isola talks with Tara Siegel-Bernard personal finance writer for the New York Times. (onhermind.com)
Heavy hitters
- Fidelity's push for lower fees seems to be doing the trick. (riabiz.com)
- Something to keep an eye on: Microsoft ($MSFT) and Blackrock ($BLK) are building a retirement-planning platform. (wsj.com)
- Jeremy Schwartz talks with Thomas Desmond, CFO of Ally Invest. (soundcloud.com)
Product thoughts
- Universities are getting into the donor-advised fund business. (bloomberg.com)
- What you need to know about student loan forgiveness. (wsj.com)
- Who needs an income annuity? (barrons.com)
- Things to consider when looking at a jumbo reverse mortgage. (wsj.com)
The biz
- Some business issues for financial planners to consider going into the new year. (fpadvance.com)
- Advisers are taking more of a wait-and-see approach towards ESG strategies. (thinkadvisor.com)
- Paperless onboarding is coming. (wealthmanagement.com)
