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 crowded market for portfolio management software solutions.
Quote of the Day
"A financial plan accompanied by recommendations that you never implement, or do not stick with, because they do not align with your values is worthless…even if it has the best spreadsheets to support it."
(Justin Castelli)
Chart of the Day
Schwab on how the best RIAs manage to generate organic revenue growth.
Podcasts
- Michael Kitces talks with Emlen Miles-Mattingly, founder of Gen Next Wealth, about how to utilize a subscription model. (kitces.com)
- Frazier Rice talks with Bill Sweet about interest rates, taxes and today’s estate planning environment. (frazerrice.com)
- Michael Kitces talks with Carl Richards about finding content ideas that resonate with clients. (kitces.com)
TD survey
- Here is TD Ameritrade's 2020 FA Insight Study. (fainsight.com)
- Seven takeaways from TD Ameritrade's 2020 FA Insight Study including the top growth-related challenges. (citywireusa.com)
McKinsey report
- The big McKinsey & Co. report documenting the opportunity for advisors who are able to reach (and keep) female clients. (mckinsey.com)
- Most money managers are failing to adequately address the needs of female clients. (investmentnews.com)
Fidelity Spire
- Fidelity has launched a new app, Spire, targeted at young adult investors. (citywireusa.com)
- What's the difference between Fidelity's Spire and the yet to be released Project Avocado? (wealthmanagement.com)
Client communications
- The pandemic has changed how advisers talk with clients. (thinkadvisor.com)
- E-mail still trumps social media for generating client leads. (riaintel.com)
Practice management
- Some RIAs are using the pandemic as an opportunity ditch the office for good. (wealthmanagement.com)
- Why it's more effective to focus on where a employee is going than where they have been. (kitces.com)
- The SEC is not crazy about the quality of Form CRS so far. (investmentnews.com)
Vanguard
- Don't discount Vanguard's ability to transform customers into clients of Vanguard Digital Advisor. (riabiz.com)
- Jessica Matthews, "Vanguard is closer to launching the robo technology for advisors it has been building for more than a year." (financial-planning.com)
Advisers
- A Vanguard report on the type of investor who panicked in March. (personal.vanguard.com)
- The pandemic is affecting how pre-retirees are thinking about their plans. (investmentnews.com)
- Five steps to turn DIY investors into clients. (thinkadvisor.com)
- The pandemic has opened up other uses for 529 funds. (financial-planning.com)
- Here's the FT 300 - a list of top financial advisers in the US. (ft.com)
