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 individuals overestimate their Social Security benefits.
Quote of the Day
"The financial services industry should support raising the bar on protections; higher standards give investors confidence and faith in our economic system. That is an important ingredient for economic growth and robust markets."
(Dina Isola)
Chart of the Day
Financial advisers are driving the growth in factor investing.
United Capital and Goldman Sachs
- What sort of transition will United Capital see over time? (citywireusa.com)
- Is a deal with Goldman Sachs ($GS) a compromise of Joe Duran's vision? (riabiz.com)
- Expect Goldman to cross-sell its products through the United Capital channel. (financial-planning.com)
Middle and back office
- Interactive Brokers ($IBKR) wants to be a bigger player in the RIA custodian business. (riabiz.com)
- Michael Kitces talks with Shirl Penney. Shirl is the co-founder and CEO of Dynasty Financial Partners, a back and middle-office service provider for large independent RIAs. (kitces.com)
Opportunity zones
- Is low-risk Opportunity Zone investing even possible? (alphaarchitect.com)
- No firm has broken out in the Opportunity Zone space. (bloomberg.com)
Technology
- On the importance of being able to effectively compare different life insurance policies and outcomes. (kitces.com)
- The Riskalyze Fintech report for April including a big boost for Vestwell. (wealthmanagement.com)
Advisers
- Morgan Stanley will begin billing customers with advisory accounts on a monthly rather than quarterly basis early next year. (advisorhub.com)
- Why advisers need to understand the Flash Crash. (fa-mag.com)
- Should your financial planner be your CPA as well? (castlebaram.com)
- On the importance of making a client feel heard. (advisorperspectives.com)
- Why diversity matters for financial advisory firms. (morningstar.com)
- Does your firm have a mission that "inspires you"? (vanguardblog.com)
