Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at what role, if any, AI has for adviser practices.
Quote of the Day
"I’m firmly convinced some, if not all, of these monster brands will enter the investment management business. It could happen in any number of ways..."
(Dave Nadig)
The biz
- How robo-advisors (and technology) has changed the advisory business. (etf.com)
- Don't underestimate the effect client demand is having on brokers going independent. (investmentnews.com)
- Michael Kitces talks with Roger Whitney of WWK Wealth Advisors about using a podcast as a lead gen engine. (kitces.com)
Technology
- Do smaller RIAs need an 'Amazon Prime for advisers' to thrive? (citywireusa.com)
- Taking time off for maternity leave as a self-employed financial advisor involves careful planning and infrastructure. (kitces.com)
- Five tasks advisers can outsource to virtual assistants. (morningstar.com)
Communications
- Financial advisers too often make the mistake of not meeting their clients on their own rhetorical turf. (tonyisola.com)
- Comparisons matter. Be careful how you frame data to clients. (mullooly.net)
Advisers
- Wealth managers need to help families overcome entropy. (allaboutalpha.com)
- Why advisers need to understand how (and when) spouses plan to retire, i.e. 'discordant retirement.' (wealthmanagement.com)
- Greater use of deferred income annuities would have a big benefit for retirees. (papers.ssrn.com)
- There are only four ways to pay for long-term care. (retirementfieldguide.com)
- Financial fragility is real. Don't ignore it. (petetheplanner.com)
- On the importance of owner-operators to a business. (marginalrevolution.com)
