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 the already wealthy ‘buy, borrow, die.’
Quote of the Day
"I don’t think what we experienced last year is a realistic stress test on how RIAs perform in a more challenging market that we likely have ahead of us — but [private equity sponsors] took it as one."
(Karl Heckenberg)
Podcasts
- Michael Kitces spoke with Brittany Anderson who is President and Partner at Sweet Financial about working her way through the industry. (kitces.com)
- Jeff Benjamin and Nicole Casperson talk with Blair duQuesnay about Britney Spears and te question of conservatorships. (investmentnews.com)
Direct indexing
- With its Just Invest buy, Vanguard is now firmly in the direct indexing game. (riabiz.com)
- More on why is Vanguard getting into the direct indexing business? (citywireusa.com)
- Why Vanguard's move into direct indexing is a threat to traditional asset managers. (investmentnews.com)
- Even before Vanguard's deal, direct indexing has gone mainstream. (view.ceros.com)
- Patrick O'Shaugnessy of OSAM talks about the future of custom indexing and Canvas. (view.ceros.com)
M&A
- Bain Capital is making an investment in Carson Group. (citywireusa.com)
- Who did the most RIA M&A deals in 1H in 2021? (thinkadvisor.com)
- Have valuations gone too far, too fast? (investmentnews.com)
- Why fears of consolidation are overblown? (advisorperspectives.com)
Practice management
- It's hard to talk about firm growth without mentioning technology spending. (financial-planning.com)
- A niche practice has to be willing to say 'No' a lot. (thinkadvisor.com)
- How to build a virtual advisory practice (morningstar.com)
- The results of a Carson Group study on how to attract and retain women in wealth management. (investmentnews.com)
Advisers
- Orion and Morningstar still have Riskalyze in their sights. (riabiz.com)
- The CARES Act freeze on student loan payments is coming to an end. (kitces.com)
- Advisers need to be intentional about client referrals. (thinkadvisor.com)
- Abandon your agenda when talking to prospects. (advisorperspectives.com)
- How charitable giving changed in 2020. (investmentnews.com)
