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 credentials.
Quote of the Day
"Consider the name alone, Regulation Best Interest, or Reg BI. If you were crafting a name to be confusing and misleading, to muddy the water vis-a-vis the fiduciary standard, this would be it."
(Barry Ritholtz)
The biz
- "In early 2019 broker-dealer Morgan Stanley threatened to stop doing business in Nevada if the state securities division proceeded with plans to adopt a local fiduciary rule for financial advisers." (riabiz.com)
- Are robo-advisors shooting themselves in the foot by providing easy access to higher yielding savings accounts? (financial-planning.com)
- Hypothetical backtests are too easily manipulated to show retail clients. (wealthmanagement.com)
- HNW individuals continue to show interest in alternatives, just not hedge funds. (axios.com)
Planning
- How planning for same-sex couples has changed since 2015. (investmentnews.com)
- Tax reform has put a dent in charitable giving. (nextavenue.org)
- Part of being a good financial adviser is to slow things down. (humbledollar.com)
- A case study of working with a young, risk-seeking investor. (morningstar.com)
- Diverse life experiences make for better financial advisors. (abnormalreturns.com)
Podcasts
- Christine Benz and Jeff Ptak talk with Harold Evensky who is chairman of Evensky & Katz/Foldes Financial about Regulation BI. (morningstar.com)
- Josh Brown talks with Shirl Penney founder of Dynasty Financial Partners. (youtube.com)
- Christine Benz talks with Ed Slott about some of financial planning challenges surrounding divorce. (morningstar.com)
Practice managment
- Your firm isn't going to succeed without a good answer to 'why.' (advisorperspectives.com)
- RIAs are not very good about enforcing account minimums. (thinkadvisor.com)
- How to put together a better offsite meeting for your team. (thinkadvisor.com)
- Content marketing serves a number of purposes. (advicereinvented.com)
