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)