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 financial stress and anxiety.
Quote of the Day
"The value that wealth managers deliver clients is in our ability to recognize that one size does not fit all."
(April Rudin)
Chart of the Day
Digital leads, as of yet, do not make up a big part of adviser client acquisitions.
Podcasts
- Tyrone Ross talks with Marci Bair and Victor Orozco about helping LGBTQ community seek the financial advice. (humanadvisorpodcast.com)
- Tim Mullooly talks with Ande Frazier – CEO of myWorth LLC, and author of the upcoming book “Fin(anci)ally Free: 11 Conversations to Have With Yourself About Life, Money, and Worth”. (livingwithmoney.com)
- Michael Kitces talks with Tim Bickmore who is co-founder and the director of financial planning for LBW Wealth Management. (kitces.com)
The biz
- Creative Planning has taken on a private equity partner in General Atlantic. (citywireusa.com)
- The combined Schwab-TD is going to settle on Schwab's technology platform. (riabiz.com)
- A battle has broken out using fees to lure HNW individuals to move their brokerage accounts. (advisorhub.com)
- Lisa Shidler, "Morningstar is making a move to upend the 401(k) business by reinventing who pays and who is in charge of managing plans." (riabiz.com)
- Despite the controversy, Fisher Investments still manages $121 billion in assets. (bloomberg.com)
Practice
- Digital leads require a lot of follow-up. (wealthmanagement.com)
- The next few years will see the number of advisers retiring from the industry outpace new entrants. (riaintel.com)
- One of the motivations of breakaway brokers is higher compensation. (fa-mag.com)
- How advisers with virtual practices make it work. (fa-mag.com)
Advisers
- This provision in the SECURE Act could be a surprise to retirement account holders. (marketwatch.com)
- When should advisers reach out to the capital markets desk of an ETF issuer? (etf.com)
- Why advisors shouldn't spend their time customizing portfolios. (thebackcourtreport.com)
- Why Sonya Dreizler gave up her CFP designation. (financial-planning.com)
- Some recent developments in adviser technology including Citigroup's launch of a new robo-advisor platform. (kitces.com)
- Check out Investment News' 2020 list of Innovators and Icons in the financial advice industry. (iconsandinnovators.com)
