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 to name your wealth management firm.
Quote of the Day
"Successful firms of the future will thrive by either providing commodity-like products at scale for near-zero cost, or delivering hard-to-access insights and exposures that command a premium. Our industry must strive for continuous improvement on both ends of the spectrum."
(Mary Callahan Erdoes)
Podcasts
- Christine Benz and Jeff Ptak talk with Patrick O'Shaughnessy about the benefits of direct indexing. (morningstar.com)
- Daniel Crosby talks about the changing world of retirement with Jamie Hopkins, Director of Retirement Research at Carson Group. (standard-deviations-with-dr-daniel-crosby.simplecast.com)
- Michael Kitces talks with Jeremy Keil who is the founder of Keil Financial Partners about using outsourced referral sources to grow your practice. (podcasts.apple.com)
Health care
- As clients age, health care becomes a bigger part of their lives, which is an opportunity for advisers. (advisorperspectives.com)
- Financial planning is health care. (investmentnews.com)
The biz
- Fidelity and Schwab ($SCHW) continue to grow, but in different ways. (riabiz.com)
- Frustrated online investors are turning to human advisors. (investmentnews.com)
- The future of pro bono financial advice. (financial-planning.com)
Advisers
- When it comes to generating income in retirement, simple is best. (alphaarchitect.com)
- Tax-loss harvesting is a year-round endeavor. (wealthmanagement.com)
- What to do if 'fear of failure' is holding clients back from making needed changes. (kitces.com)
- Seven ways to attract younger clients including 'Be a financial coach, not just an advisor.' (financial-planning.com)
- On the importance of social proof: from a Q&A with Robert Cialdini about the updated version of "Influence: The Psychology of Persuasion." (thinkadvisor.com)
