Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at whether direct indexing is overhyped.
Quote of the Day
“I think it's a wakeup call for advisors. They need to do some homework on how they feel about sharing their own political views with clients and how they prepare for those conversations.”
(John Diehl)
Podcasts
- Christine Benz and Jeff Ptak talk with Steve Vernon who is the president of Rest-of-Life Communications and a research scholar at the Stanford Center on Longevity. (morningstar.com)
- Changing a state of residence is more complicated than getting a new driver's license. Charles Boinske talks with Daniel Kelly about what is involved for tax purposes. (independenceadvisors.com)
- Michael Kitces and Carl Richards on how advisers need to change their mindset to listening from overcoming objections. (kitces.com)
- Dasarte Yarnway talks with Samantha Russell with three steps on how to develop and execute a successful adviser marketing plan. (youtu.be)
- Daniel Crosby talks with John Lentz, of Strategic Wealth Group, about the unique planning needs of small business owners. (standarddeviationspod.com)
Remote work
- Let's face it, nobody really wants to come to your office anyway. (citywireusa.com)
- Why it's easier for a small firm to go remote than the big custodians. (investmentnews.com)
- Why Carson Group is pushing forward with a new HQ building. (citywireusa.com)
- Why remote is a "better business normal." (investmentnews.com)
Life transitions
- Arthur C. Brooks, "Transitions feel like an abnormal disruption to life, but in fact they are a predictable and integral part of it." (theatlantic.com)
- Advisers get paid for key moments in a client's life. (libertywealth.ky)
Fiduciary stuff
- There's nothing magic about asset-based fees when it comes to paying for financial advice. (morningstar.com)
- Even the threat of a fiduciary rule got firms to change their behavior. (nytimes.com)
- When it comes to adviser credentials: trust, but verify. (morningstar.com)
Advisers
- Drew Voros, "In the wake of the pandemic, there will be even more pressure for advisors to up their digital game in all facets of their business." (etf.com)
- Why RIAs are pretty well down the list for VCs looking to raise capital. (riaintel.com)
- Professional athletes have unique money management needs. (riaintel.com)
- What adviser teams needs to keep in mind when in conversation in with clients. (kitces.com)
- A fun tale of sussing out two advisers. (evidenceinvestor.com)
