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 advisers are dealing with going remote.
Quote of the Day
"Writing — especially in marketing — is an act of commitment as much as a creative pursuit."
(Jacob Schroeder)
Podcasts
- Daniel Crosby talks with Roger Whitney of the Retirement Answer Man podcast about how to make more resilient plans. (standarddeviationspod.com)
- Adam Butler talks with Brian Portnoy about navigating money and happiness. (investresolve.com)
Firm building
- A lot of things have to go right when you launch a new advisory firm. (thereformedbroker.com)
- Seven years in, this is the principle RWM has used to build its practice. (ritholtz.com)
Client conversations
- The pandemic is an opportunity to open discussions about family money dynamics. (nytimes.com)
- Why an understanding of a client's personal financial story is so important. (morningstar.com)
- Clients are more satisfied when they can put a discussion of their finances into some broader life perspective. (thinkadvisor.com)
Robo-advisors
- The cost of acquiring customers is just too high for standalone robo-advisors. (citywireusa.com)
- Some results shows that users of robo-advisors also access human advice. (financial-planning.com)
Advisers
- Why there's not a lot of downside to creating a niche practice. (investmentnews.com)
- Adam Birenbum, CEO of Buckingham Wealth Partners, on how the firm went from 'practice' to 'enterprise.' (citywireusa.com)
- What a comprehensive, six-week advisory firm training program would cover. (kitces.com)
- Covid-19 was a wake-up call for advisers who don't have a succession plan in place. (investmentnews.com)
- Why evidence-based research is a good place to start for advisers. (klementoninvesting.substack.com)
- Being a business owner in pandemic can bring out a range of emotions, including shame and guilt. How advisers can help clients work things through. (kitces.com)
