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 the wirehouses are targeting Millennials.
Quote of the Day
"The planning process begins by just doing one thing."
(Tony Vidler)
Podcasts
- Michael Kitces talks with Michele Clark about 'tucking in' her practice with a larger firm. (kitces.com)
- Josh Brown talks with George Svegara and Ryan Donovan about how Ritholtz Wealth professionalized the practice. (thereformedbroker.com)
Divorce planning
- Advisors working with clients going through divorce need to focus on the specifics. (iris.xyz)
- Growing affluence means women need to think about marriage (and divorce) differently. (wealthmanagement.com)
Fintech
- Why robo-advisors are so drawn to the high yield cash business. (riabiz.com)
- Why fintech companies are offering free access to their services for students. (investmentnews.com)
Family dynamics
- Discussions with parents around estate issues are tough. (bonefidewealth.com)
- When two-income families undersave for retirement, the burden typically falls on women. (morningstar.com)
- Why parents are so willing to sacrifice their financial security for their children's college education. (nytimes.com)
Practice management
- There are four key cycles in a long-standing adviser-client relationship. (kitces.com)
- Financial advisors are broadening out their offerings to justify their fees. (wsj.com)
- Lessons learned from how one advisor almost lost a big client to a broker. (morningstar.com)
Advisers
- A strong fiduciary standard is necessary, but not sufficient for client outcomes. (morningstar.com)
- There are many reasons why risk profile questionnaires don't work, including our inconsistent risk preferences. (advisorperspectives.com)
- Clients don't primarily value investment expertise. (thefinancialbodyguard.com)
- Financial wellness is the hot new employee perk. (investmentnews.com)
- Listening is hard. (kitces.com)
