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 continued dominance of Charles Schwab.
Quote of the Day
"It’s unclear to me how a $50 million registered investment advisor in one of the top 50 metropolitan areas in America is going to survive if they’re not growing fast."
(Josh Brown)
Behavior
- Millennials (and Gen Z) are not that different than previous generations. (barrons.com)
- Success in retirement requires updating assumptions and actions. (rivershedge.blogspot.com)
The biz
- Why so many RIA entrepreneurs set up shop in the middle of the country. (riabiz.com)
- Why AUM fees will continue to be under attack. (pragcap.com)
- Charlie Munger on why paying commissions on financial products is so corrosive. (thereformedbroker.com)
- Why big banks, like Bank of America ($BAC), are hiring more salaried advisers. (investmentnews.com)
- Fidelity's parent wants to get into the data protection business. (wsj.com)
Your website
- Hey advisers, your website is boring. (advisorperspectives.com)
- Readers LOVE lifestyle posts. (thinkadvisor.com)
- How to update your website. (advisorperspectives.com)
