Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at rampant 401(k) leakage.
Quote of the Day
"I think the AUM model is going to stick around longer than a lot of people give it credit for...Particularly amongst clients who like to delegate the portfolio things. The problem is, it’s only a very small slice of the actual market."
(Michael Kitces)
Podcasts
- Christine Benz and Jeff Ptak talk with Michael Kitces about the future of the financial advice business. (morningstar.com)
- Justin Castelli talks with George Kinder, father of the Life Planning movement and author of "The Seven Stages Of Money Maturity." (allaboutyourbenjamins.com)
- I spoke with Cullen Roche about the future for the financial advice business. (abnormalreturns.com)
Credentials
- Why the CFA designation is more than just a piece of paper. (blairbellecurve.com)
- On the benefits (and limits) of professional designations. (financial-planning.com)
HNW
- Working for a family office requires a unique set of temperament and skills. (bloomberg.com)
- HNW is a different kind of client. (financial-planning.com)
The biz
- 10 things that make RIA stand out including: technology and talent development. (citywireusa.com)
- Former NBA player Troy Murphy wants to help athletes keep (and grow) their money. And he plans on donating his fees to financial literacy education. (indystar.com)
- HighTower is spending big money to lock up its advisors for the long haul. (riabiz.com)
Advisers
- Every adviser these days has some sort of cash management solution. (investmentnews.com)
- The IRS has pretty much locked down workarounds for the limit on SALT deductions. (thinkadvisor.com)
- Where robo-advisors are currently falling down on the job. (thinkadvisor.com)
- Better default options are making for better American savings habits. (awealthofcommonsense.com)
- Summer reading suggestions from financial advisers including "An Economist Walks into a Brothel and Other Unexpected Places to Understand Risk" by Allison Schrager. (investmentnews.com)
