Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at why Schwab changed their robo-advisor business model.
Quote of the Day
"Nothing could be more business prohibitive than making it difficult to on-board your customer."
(Douglas Boneparth)
401(k)
- Vestwell is making huge progress offering small 401(k) plans. (riabiz.com)
- Empty nesters should check their 401(k) contribution levels to make sure they are making the most of higher allowances. (bloomberg.com)
Quotes
- Ric Edelman, "Clearly, clients have it better today. There are better disclosures, better products and better outcomes, which has forced many in the industry to frankly quit." (financial-planning.com)
- Joe Duran, "How do you build a firm that is indispensable to your clients?" (investmentnews.com)
ETFs
- Standardized performance reporting for ETF portfolios is hard to find. (wsj.com)
- JP Morgan's wealth management arm is to offer clients a range of model portfolios made up entirely of ETFs from its asset management division. (citywireusa.com)
The biz
- Different kinds of pricing models for financial planning and asset management are great but HNW individuals have some unique needs. (tonyisola.com)
- You can't build a financial planning offering with live support without qualified advisers. (riabiz.com)
- How to handle clients who just have to invest in some risky stuff. (nytimes.com)
- Should RIAs offer tax services? (morningstar.com)
