Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at why you can’t buy firm culture.
Quote of the Day
“Trying to figure out how to spend down your money in retirement is one of the biggest challenges that most retirees will ever face, because there are so many unknowns upon going into retirement. One of the virtues of a pension is that you get guaranteed monthly income for life.”
(Tyler Bond, research manager for NIRS)
Podcasts
- David DeCelle talks with Dan Solin about how he helps advisors connect with their clients. (themodelfa.libsyn.com)
- Michael Kitces talks with Miye Wire about how she built a referral engine around her work with Microsoft employees. (kitces.com)
- Bob Huebscher talks with Daniel Crosby with practical tips for using behavioral finance. (advisorperspectives.com)
- Mindy Diamond talks with Robert “Bob” Thornton, Executive Vice President and President of First Republic Private Wealth Management. (wealthmanagement.com)
The biz
- Facet Wealth is hiring like crazy. (riabiz.com)
- “Exchange,” a new advisor-centric ETF conference, is coming to Florida in February 2022. (riaintel.com)
- Some lessons learned from selling an RIA practice including 'Get started sooner than you think.' (thinkadvisor.com)
Behavior
- Some tools, including nudges, to help work with clients who are resistant to change. (kitces.com)
- Advisers have found that Zoom ($ZM) calls can be more intimate than in-person meetings. (thinkadvisor.com)
Aging
- Larry Swedroe, "It’s important for older investors and their advisers alike to take into account the likelihood that financial decision-making skills will eventually decline, creating the potential for poor decisions." (evidenceinvestor.com)
- The six phases of retirement. (andytheadvisor.com)
- Why people should spend down their assets earlier while they can still enjoy it. (abnormalreturns.com)
Advisers
- Three strategies for converting an advisory firm into a specialized practice. (kitces.com)
- The upsides (and downsides) of blogging and vlogging for your firm's website. (blog.twentyoverten.com)
- Bad client fits are costs both in terms of time and energy. Better to make a clean break. (thinkadvisor.com)
- How should advisors think about systemic inequities that show up in wealth? (bloomberg.com)
