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 zero commissions are going to upend the industry.
Quote of the day
“My calculation is that 90% of married women will end up needing to manage their own finances at some point due to divorce or widowhood.” – Barbara Stewart
Podcasts
- Michael Kitces talks with Ross Levin, the co-founder and CEO of Accredited Investors Wealth Management, about how he has the way he systematized the financial planning process across the firm by developing his own Wealth Management Index. (kitces.com)
- Tim Mullooly talks with Michael Policar about how he thinks about his Fifteen Minute Financial Advisor podcast. (livingwithmoney.com)
- Phil Bak talks with Nicole Boyson about her research on the investment and financial advisory industries. (podcasts.apple.com)
Investing
- Cerulli Associates: only 7% of firms have the scale to properly do investment research and portfolio construction on their own. (investmentnews.com)
- Why sequence-of-return risk is so dangerous for retirees. (evidenceinvestor.com)
Behavior
- Three behavioral biases that extraverts are most vulnerable. (morningstar.com)
- We humans experience probabilities differently using words and numbers. (behaviouralinvestment.com)
- A benefit of hiring an advisor: lower stress. (fa-mag.com)
The biz
- The RIA industry has an image problem when it comes to attracting new participants. (wealthmanagement.com)
- How RIA custody fees are going to change in a zero-commission world. (riabiz.com)
- Discount brokers are increasingly cracking down on brokers who jump ship. (wealthmanagement.com)
Technology
- eMoney Advisor is launching a consumer-facing app to drive the "self-guided planning experience." (wealthmanagement.com)
- Whealthcare Planning just raised a round of capital to built out its aging-related service. (wealthmanagement.com)
Fisher fallout
- A series of posts documenting "unchecked bad behavior" at financial services conferences. (solutionswithsonya.com)
- The fallout from Ken Fisher's comments keep coming. (riabiz.com)
Advisers
- Advisors are at-risk of burnout like anyone else. (riaintel.com)
- A touching story of how a financial advisor made a true difference for clients during a horrible ordeal. (evidenceinvestor.com)
- Fidelity's donor-advised fund is having a record year. (wealthmanagement.com)
- Michael Kitces is not happy with the FPA selecting a sponsor as its new president. (kitces.com)
