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 working with second generation heirs.
Quote of the Day
"To my reading, the rise of the independent financial planner is the most significant financial event of my tenure at Morningstar."
(Don Phillips)
401(k) plans
- How to fix the 401(k) retirement savings program. (morningstar.com)
- A 401(k) account is not a retirement plan. (kc-roi.com)
Donor-advised funds
- The tax law is already changing how Americans are making charitable donations. (wsj.com)
- The popularity of donor-advised funds is attracting additional attention. (investmentnews.com)
Behavioral coaching
- Clients don't value the idea of 'behavioral coaching.' (investmentnews.com)
- Vanguard now has $15 billion of assets in its model portfolios. (advisorhub.com)
Retirement
- Retirement planning software does not take into account variable spending rates in retirement. (kitces.com)
- RMD calculations are, on the whole, pretty conservative. (morningstar.com)
Planning
- Are advisers putting clients into portfolios that are too risky for them to hold onto? (bloomberg.com)
- A look at the unique issues facing single women planning for retirement. (barrons.com)
Podcasts
- Patrick O'Shaughnessy talks with Michael Kitces about the evolution of financial advice. (investorfieldguide.com)
- Tim Mullooly talks with Blair DuQuesnay about the challenge of getting more women into wealth management. (livingwithmoney.com)
- Justin Castelli talks with Nina O'Neal about the challenges of making wealth management more inclusive. (allaboutyourbenjamins.com)
- Michael Kitces talks about the unique financial needs of women with Stacy Francis, president and CEO of Francis Financial. (kitces.com)
The biz
- James Osborne, "We aren’t the IRS and we aren’t entitled to some share of clients’ portfolios just because they asked for our help investing their hard earned savings. Great financial professionals do good work, add value to client relationships and become a trusted part of their clients lives." (basonasset.com)
- Why you should always ask 'who is writing the check'? (tonyisola.com)
- Advisers need more (and better) education and training. (blairbellecurve.com)
- Why it is tough for a financial advisor to have friends as clients. (bonefidewealth.com)
- An advisor blog needs to reflect the personality of the firm. (allaboutalpha.com)
