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 advice helps clients build better, more diversified portfolios.
Quote of the Day
"The financial services profession is notorious for talking over consumers. Many use industry lingo to appear smarter or more qualified than they really are or to intimidate their audience into thinking they cannot understand the topic at hand without them."
(Justin Castelli)
Podcasts
- Michael Kitces talks with Julia Carson about the transition from financial advisor to business owner. (kitces.com)
- Christine Benz and Jeff Ptak talk with Annamaria Lusardi about the state of financial literacy in the US. (morningstar.com)
The biz
- Trust Company of America seems to be an afterthought in the Morgan Stanley ($MS)-E*Trade ($ETFC) deal. (riabiz.com)
- Massachusetts's fiduciary rule is officially a go. (advisorhub.com)
Client relationships
- Having difficult conversations is a real skill for financial advisers. (blog.xyplanningnetwork.com)
- Clients need help navigating the relationship between tax planning and financial advice. (fa-mag.com)
- Five ways in which advisers destroy empathy with clients. (oechsli.com)
Advisers
- How one advisory firm integrated ESG into its practice. (morningstar.com)
- How can advisors (profitably) serve clients with more limited means. (thebackcourtreport.com)
- You can't do a financial plan without accounting for inflation. (thefinancialbodyguard.com)
- Change is coming for the 403(b) plan space. (tonyisola.com)
