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 not to name your new wealth management firm.
Quote of the Day
"The impact of ambient emotions is especially relevant for older people right now. Not only are they among the most vulnerable health-wise from Covid-19, they’re making decisions with long-term consequences in the middle of a pandemic."
(Shlomo Benartzi and John Payne)
Podcasts
- Michael Kitces talks with Bill Bengen. Bill is the former owner of Bengen Financial Services about his original research into safe withdrawal rates in retirement. (kitces.com)
- Christine Benz and Jeff Ptak talk all things FIRE with Karsten Jeske, the founder of the website EarlyRetirementNow. (morningstar.com)
- Dasarte Yarnway talks with Alex and Allison of the Seven Group about adviser marketing. (whitecoatinvestor.com)
The biz
- JP Morgan Chase ($JPM) has rolled out a 401(k) plan for the bank’s small business clients. (citywireusa.com)
- Bank of America is launching its own free online financial planning tool, Life Plan. (thinkadvisor.com)
- The crown jewel of Eaton Vance ($EV) is Parametric and Morgan Stanley ($MS) got it at a discount. (riabiz.com)
XYPN
- XYPN is dropping its legal challenge to Reg BI. (fa-mag.com)
- XYPN is watching the Schwab-TD integration closely. (wealthmanagement.com)
M&A
- Why private equity may not be the best source of capital for growing RIAs. (citywireusa.com)
- Not everyone can or should sell their practice: the case for staying independent. (riabiz.com)
- A Q&A with Peter Mallouk of Creative Planning about how the pandemic has affected their business and their acquisition plans. (barrons.com)
Advisers
- Why a specialized practice can provide a deeper service to clients and be better for the adviser as well. (fa-mag.com)
- More advisers are outsourcing some (or all) of their portfolio management needs. (riaintel.com)
- When couples disagree on how much to save for retirement. (wsj.com)
- Younger consumers are more willing to engage with social media advertising. (wealthmanagement.com)
- Why diversity comes hard for already-established firms. (investmentnews.com)
