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 risk tolerances vary across countries.
Quote of the Day
"The fundamental shortcoming of the second-generation heir is a deficit in emotional equipment. Not having had to try to build anything, he or she has never failed in the attempt. Failing may or may not be good for the soul, but it’s essential to a well-rounded business education."
(Jim Grant)
Firms
- Fisher Investments now has $100 billion in AUM and over $1 billion in annual revenues. (riabiz.com)
- Personal Capital is adding access to private equity deals for clients. (prnewswire.com)
- What to make of NBC's investment in Acorns. (riabiz.com)
Technology
- Advisers don't have to be first using a new technology, they have to use the best ones for their business. (thinkadvisor.com)
- Technology will be necessary to help accommodate growing demand for wealth management despite an aging advisor workforce. (blogs.cfainstitute.org)
- Target date funds in 401(k) plans are getting personalized using more than just age data. (wsj.com)
The biz
- Lesson smaller RIAs can take away from the bigger firms. (fa-mag.com)
- Is income the right denominator for fees, not assets? (riabiz.com)
Clients
- What to do with a client that comes in with big undiversified risks. (financialchieftain.com)
- What goes into a good investment policy statement. (wealthmanagement.com)
- Have a client turning 50? Then catch-up contributions are on the table. (blairbellecurve.com)
- How the trusted contact rule differs from having a Power of Attorney on file. (nextavenue.org)
- Got clients with teenagers? Talk to them about Roth IRAs. (barrons.com)
- Getting on the same page about finances is crucial to a successful marriage. (wealthmanagement.com)
- Brenda Jubin, "Tailored Wealth" [by Niall J. Gannon] is a valuable book both for financial advisors and DIY investors." (readingthemarkets.blogspot.com)
