Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at CI Financial’s big push into the U.S. wealth management industry.
Quote of the Day
"Stories that show who you really are, build affective trust."
(Dan Solin)
Chart of the Day
The pandemic has not slowed global wealthtech venture funding.
Podcasts
- Meb Faber talks with Rusty Vanneman who is CIO for Orion Advisor Solutions. (mebfaber.com)
- Michael Kitces talks with Pam Capalad, founder of Brunch & Budget, a financial planning and coaching firm based in New York City about her business model and keeping clients accountable. (kitces.com)
The biz
- All signs point to Goldman Sachs ($GS) getting into the RIA custody business. (wealthmanagement.com)
- Charles Schwab ($SCHW) is going to consolidate some 80% of TD retail branches. (riabiz.com)
- Morgan Stanley ($MS) is getting an RIA, Eaton Vance WaterOak Advisors, in its Eaton Vance ($EV) acquisition. (riaintel.com)
Practice management
- How to help transition a client from a senior to a junior adviser. (thinkadvisor.com)
- What mistakes do advisory firms make when building their compensation plans? (kitces.com)
- What to look for when hiring in a service-focused adviser. (thinkadvisor.com)
Advisers
- Now is the time of year when clients begin rethinking their relationship with their adviser. (cnbc.com)
- How the pandemic has forced advisers to adjust how they interact with clients. (blairbellecurve.com)
- There are calls for the CFP to better support pro bono planning solutions. (riaintel.com)
- Seven surprising observations from a career in financial planning. (financial-planning.com)
- What kind of financial advisor would say "I don't believe in ETFs"? (wealthmanagement.com)
