Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at wealth Millennials DIY-ing their portfolios.
Quote of the Day
"A good financial planner doesn’t optimize your finances. They help you optimize your life while helping you consider the financial implications."
(Jared Machen)
Podcasts
- Michael Kitces talks with Eliza De Pardo about the skills needed to scale an advisory practice. (kitces.com)
- Daniel Crosby talks with Julie Ragatz, VP, Next Gen and Advisor Development Programs at the Carson Group about using behavioral finance in the client-advisor relationship. (standarddeviationspod.com)
Compliance
- The SEC is cracking down on erroneous fee calculations. (investmentnews.com)
- What firms need to do to be compliant with social media communications. (thinkadvisor.com)
- Why Orion is buying BasisCode. (riabiz.com)
The biz
- The XY Planning Network is looking to raise capital but not in order to become a product distribution channel. (citywireusa.com)
- Morgan Stanley ($MS) is increasing access to private company shares for wealth customers. (wsj.com)
- Creative Planning is succeeding at attracting UHNW clients. (riabiz.com)
Practice management
- Faster growth is putting strains on RIAs as they try to scale up. (riabiz.com)
- It's hard for advisers to compete if they don't have an identifiable advantage. (advisorperspectives.com)
- The case for over-investing in your firm's staff. (tonyvidler.com)
- Technology partners are an increasingly important part of running an advisory firm these days. (investmentnews.com)
- How RIA fee schedules are changing. (financial-planning.com)
Advisers
- Year end often sees an uptick in client requests. (blairbellecurve.com)
- Managing direct indexing portfolios is not like pushing a button. (thinkadvisor.com)
- There are a lot of ways for clients to get tripped up by IRMAA surcharges, i.e. HSAs. (investmentnews.com)
- How to communicate better via e-mail with clients, or anyone for that matter. (thinkadvisor.com)
- Research into how the Covid-19 pandemic affected male and female advisers differently. (papers.ssrn.com)
- Donor-advised funds had a big year in 2020. (thinkadvisor.com)
