Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at the return of the in-person adviser conference.
Quote of the Day
"Notably, the problem with many Monte Carlo-based retirement analyses is not necessarily with Monte Carlo itself, but with trying to find a better abstraction for communicating Monte Carlo results."
(Derek Tharp)
Podcasts
- Mindy Diamond talks with Michael Kitces about how to profitably grow and scale an advisory practice. (diamond-consultants.com)
- Rick Ferri talks taxes with Phil DeMuth of Conservative Wealth Management. (bogleheads.podbean.com)
- Michael Kitces talks succession planning with Marianela Collado who is CEO of Tobias Financial Advisors. (kitces.com)
The biz
- Addepar has increased its customer base 50% in the past year. (riabiz.com)
- What is Envestnet planning to do with Harvest Technologies? (investmentnews.com)
Custody
- Five alternatives RIAs have outside of the new Schwab ($SCHW) and Fidelity. (kitces.com)
- The amount of re-papering at Schwab-TDA is still to be determined. (riabiz.com)
Fintech
- It's hard to compete with Riskalyze on the risk management front. (riabiz.com)
- Estate planning startup Vanilla landed Carson Wealth as a client. (citywireusa.com)
- The latest happenings in advisor fintech including how Invesco is rolling up its advisortech acquisitions under one umbrella. (kitces.com)
Portfolios
- How advisors are working with clients on cryptocurrencies. (barrons.com)
- Why some advisory firms are embracing direct indexing. (barrons.com)
- How to integrate sustainable investments into your practice. (morningstar.com)
- Morningstar ($MORN) has found that ranking model portfolios is a lot different than ranking funds. (riabiz.com)
Advisers
- Making the case for putting 'office hours' to your schedule. (morningstar.com)
- What should advisors do with clients that cannot be serviced profitably? (kitces.com)
- Know your client: what it feels like to get rich in a tech IPO. (nymag.com)
- On the benefits of putting yourself in a whole new context. (calibratingcapital.com)
