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 difference between risk tolerance and risk capacity.
Quote of the day
“Surveys are the Achilles heel of the industry. They don’t do the trick, and they’re very costly. It’s a killer combination. They put the entire industry on very shaky ground.” – Shachar Kariv
Podcasts
- Josh Brown spoke with United Capital founder Joe Duran about the state of financial advice. (thereformedbroker.com)
- Michael Kitces talks with Kristen Luke founder of Kaleido Creative Studio about adviser marketing. (kitces.com)
M&A
- Half of RIAs say they are open to a sale. (citywireusa.com)
- What deal makers think about the state of the RIA M&A market. (riabiz.com)
Wealthfront
- Wealthfront's push into cash deposits has been effective. (investmentnews.com)
- Cash deposits are not the same as assets under management. (riabiz.com)
XY Planning Network
- What is the future of the fast-growing XY Planning Network? (financial-planning.com)
- The XY Planning Network is planning to sue the SEC over Reg BI. (investmentnews.com)
The biz
- How advisers can better communicate their value proposition to clients. (morningstar.com)
- Niche advisers seem to grow faster. (wealthmanagement.com)
- When does an advisory firm cross over from practice to a business? (kitces.com)
- The RIA industry keeps growing but the majority, some 60%, resides with the mega-firms with $100 billion in AUM and up. (citywireusa.com)
Fintech
- Is there really room for a startup RIA custodian? Altruist would like to know. (riaintel.com)
- Zoe Financial wants to provide advisers with qualified leads. (riaintel.com)
- Aaron Klein takes a look at the fintech happenings from August 2019. (wealthmanagement.com)
Advisers
- Americans are thoroughly confused by the titles 'financial advisers' use. (tonyisola.com)
- A closer look at what UBS was selling with its Yield Enhancement Strategy. (earlyretirementnow.com)
- "Everyone should start a small Roth IRA as soon as they can, so they will get the five-year waiting period started for every Roth IRA they will ever own." (morningstar.com)
- On the importance of dynamic spending strategies in retirement. (marketwatch.com)
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As an advisor you can write a book, but should you?
As an adviser you can write a book. Good luck selling it. (riaintel.com)
