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 some advisers are working with clients on cryptocurrencies.
Quote of the Day
"Stripping out market appreciation of roughly $500 billion*, Schwab has since added roughly $600 billion -- or one TDA's worth -- in net new RIA assets – a 28% increase."
(Oisin Breen)
Podcasts
- Meb Faber talks investor psychology with Daniel Crosby of Orion Advisor Solutions. (mebfaber.com)
- Michael Kitces talks with Amy Mullen who is President of Money Quotient, that has developed tools and training to help advisors have better and more meaningful conversations with their clients. (kitces.com)
- Ten podcasts advisors love including "The Investors First Podcast." (thinkadvisor.com)
Direct indexing
- A look at some real-life tax loss harvesting results from direct indexing. (ritholtz.com)
- How market volatility can be used to take advantage of tax-loss harvesting opportunities. (canvas.osam.com)
The biz
- Savant Wealth Management is launching an in-house law firm focused on estate planning. (citywireusa.com)
- How long will it be before the major custodians support cryptocurrencies? (riabiz.com)
Insurance
- How return-of-premium term life insurance could be a good middle ground for clients. (kitces.com)
- How wealthy families can pass down wealth using an irrevocable life insurance trust. (blairbellecurve.com)
Younger generations
- Don't wait for clients to ask for ESG options, by then it's too late. (riaintel.com)
- Younger wealth management clients are not likely to evolve into their parents. (riaintel.com)
Advisers
- The issue of diminished capacity is only going to become a bigger issue for wealth managers. (investmentnews.com)
- Advisers serve a role as 'accountability partners' for clients. (thomaskopelman.com)
- Why you should consider making Zoom ($ZM) calls your default with clients. (advisorperspectives.com)
- There's a difference between busy and productive. (fpadvance.com)
- A Stoic's guide to financial management. (wealthmanagement.com)
