Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at what’s driving independent RIA growth.
Quote of the Day
"Not sounding like a washing machine salesperson will separate you from 99% of other financial advisors on LinkedIn."
(Sarah Grillo)
Podcasts
- Brendan Frazier talks with Samantha Lamas about helping clients better identify their true goals. (wiredplanning.com)
- Bruce Kelly and Jeff Benjamin talk with Michael Kitces about niche practices and subscription fee models. (investmentnews.com)
- Michael Kitces talks adviser productivity with Patty Kreamer who is the Co-Owner of Productivity Uncorked, a productivity coaching firm. (kitces.com)
Practice management
- How to define a niche for your practice. (investmentnews.com)
- Does your firm need a mission statement? (kitces.com)
Hybrid work
- Like it or not, you are a hybrid adviser now. (advisorperspectives.com)
- Clients are less comfortable discussing personal issues on Zoom. (riaintel.com)
Wealthtech
- Why Addepar raised a new round of capital. (riabiz.com)
- RobustWealth is going by the wayside. Why advisers need to be careful depending on startups. (financial-planning.com)
- Wealthfront is pivoting to allow clients more granular control over their portfolios. (riabiz.com)
M&A
- Modern advisers don't want to work for a roll-up. (citywireusa.com)
- How high is too high for RIA valuations? (investmentnews.com)
- Titan Wealth Holdings wants to begin rolling up wealth managers in the UK. (ft.com)
The biz
- Goldman Sachs ($GS) is officially in the RIA custody business. (citywireusa.com)
- JP Morgan ($JPM) is buying UK robo-advisor Nutmeg. (ft.com)
Retirement
- Older Americans recognize the need for balance in retirement. (investmentnews.com)
- The Edward Jones/AgeWave study: "The Four Pillars of the New Retirement: What a Difference a Year Makes." (edwardjones.com)
- Where older Americans find happiness. (marketwatch.com)
Caregiving
- Financial advisers need to come to terms with 'financial caregiving.' (thinkadvisor.com)
- How Carolyn McClanahan transitioned from medicine to financial advice. (citywireusa.com)
Clients
- Research on how to better assess a client's risk taking ability. (advisorperspectives.com)
- How the wealthy are different than the rest of us. (msn.com)
Advisers
- If financial advice isn't about investing, what is it? (bunker-riley.com)
- How Doug Boneparth is turning his Twitter ($TWTR) presence into clients. (forbes.com)
- A look under the hood of the Vanguard Charitable Fund. (morningstar.com)
- A summer reading list for financial advisors including "The Price You Pay For College" by Ron Lieber. (kitces.com)
