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 most recent FT 300 ranking of top RIAs.
Quote of the Day
"Game, set, and match to the brokerage industry--courtesy of the SEC's unceasing efforts to allow broker/dealers to operate as advisors in more and more areas and encroach on RIA territory without abiding by the fiduciary standard of the 1940 Act."
(W. Scott Simon)
Podcasts
- A talk with Mary Beth Franklin about the challenges of planning for a family with a special needs child. (investmentnews.com)
- Michael Kitces talks with Dan Goldie, now with Buckingham Strategic Wealth, about how he built a nearly $1 billion solo practice. (kitces.com)
- Jim Dahle talks with Allan Roth about the financial planning profession and keeping thing simple. (whitecoatinvestor.com)
- Mindy Diamond talks with Eric Poirier, the CEO of Addepar. (wealthmanagement.com)
The biz
- Driven by falling costs, the strategic battle between Fidelity and Vanguard is widening out. (riabiz.com)
- Schwab's move to subscription pricing for Schwab Intelligent Portfolio Premium seems to be working. (citywireusa.com)
- The list of big financial firms offering robo-solutions keeps growing. (thinkadvisor.com)
- RIAs in need of capital increasingly have a full menu of options. (riabiz.com)
- What the big banks can learn from trends in family office management. (forbes.com)
Math
- The annuity vs. lump sum decision is about more than the numbers. (ofdollarsanddata.com)
- Dynamic spending rules can greatly enhance the odds of success in retirement. (blog.thinknewfound.com)
- Douglas Boneparth, "(N)o matter how feasible a tactical strategy looks on paper or how much time you think you have, it’s always difficult to execute, especially without any rules in place." (bonefidewealth.com)
Advisers
- Joachim Klement, "a financial adviser has to constantly push against a confluence of factors that reinforce each other and create a sense of urgency to act in the face of a short-term downturn." (klementoninvesting.substack.com)
- Advisers need to be in sync with their clients when it comes to risk tolerances. (thefinancialbodyguard.com)
- How advisers can be part of the solution. (evidenceinvestor.com)
- Just how private is your client's data? You may be surprised. (morningstar.com)
- The amount of money stashed in donor-advised funds has tripled over the past decade. (vox.com)
- The solo-401(k) plan is grossly underutilized. (wsj.com)
