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 many roles financial advisors play in the current stressful times.
Quote of the Day
"While a recordkeeper's business model is good for the recordkeeper's company, the model is often destructive to plan participants."
(W. Scott Simon)
Podcasts
- Michael Kitces talks about building a specialied practice with Andrew Leonard who is the founder of Geometric Wealth Advisors, an independent RIA based in the Washington, D.C. (kitces.com)
- Daniel Crosby talks with Lisa Brenneman about how to the Five Factor Model of Personality to help clients and advisors identify their financial and investing blind spots. (standarddeviationspod.com)
The biz
- The story of how Motif Investing burned through a lot of venture capital to garner $868 million in AUM. (riabiz.com)
- How Schwab ($SCHW) is managing in the pandemic. (riabiz.com)
- Betterment's checking account product has rolled out to all customers. (americanbanker.com)
PPP
- Should advisers accept and/or disclose PPP loans? (kitces.com)
- Why most advisers should pass on government support programs. (investmentnews.com)
Technology
- If advisers weren't in the cloud before they are scrambling to get there. (citywireusa.com)
- Advisers need to focus on their business during the pandemic as well, including reassessing their platforms. (wealthmanagement.com)
Regulatory
- The definitive word on fixing unwanted 2020 RMDs. (kitces.com)
- Advisers want CFP continuing education to count toward state requirements. (investmentnews.com)
Advice
- The evidence shows that individual investors didn't panic sell in the midst of the drawdown. (finance.yahoo.com)
- Questions that advisers are getting right now. (worth.com)
- Financial advice need not be presented in person. (tonyvidler.com)
- Consumers are seeking out financial advice amidst the pandemic. (investmentnews.com)
