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 high probability that a married woman will need to manage money on her own at some point.
Quote of the day
“From an efficiency perspective, the fundamental challenge with the financial planning process is that so much of it is client-facing in the first place… a realm that financial planning software can do little to expedite.” – Michael Kitces
Podcasts
- Tyrone Ross talks about overcoming the challenges of navigating the financial industry with Dasarte Yarnway of Berknell Financial Group. (humanadvisorpodcast.com)
- Michael Kitces talks about developing new adviser talent with Jeff Dobyns founder of Southwestern Investment Group. (kitces.com)
- Justin Castelli talks with Genti Cici about his dedication to bringing financial literacy to the masses. (allaboutyourbenjamins.com)
Custody
- Schwab's ($SCHW) recent moves are setting up the disruption of ETFs in favor of direct indexing. (riabiz.com)
- Digital-first custodians are trying to find room in a crowded marketplace. (investmentnews.com)
- Merrill Lynch is once and for all getting out of the RIA custody business. (riabiz.com)
E-wills
- There is a push to allow for the e-signature of wills. (nytimes.com)
- What the Uniform Electronic Wills Act would allow for. (wealthmanagement.com)
Sales practices
- The story of when a financial salesperson knocked on the wrong door. (morningstar.com)
- Financial sales incentives induce a lot of bad behavior. (tonyisola.com)
The biz
- A wide-ranging Q&A with Shannon Eusey CEO of $10 billion AUM RIA Beacon Pointe Advisors. (worth.com)
- On the parallels between Crossfit boxes and financial advisory firms. (livingwithmoney.com)
