Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at the pros and cons of direct indexing.

Quote of the Day

"There’s been an increase in urgency in the wealth management business. A noticeable pickup in estate planning and an acceleration in people’s desire to spend now, enjoy now, give gifts now. Why wait?"

(Joshua Brown)

Chart of the Day

Private equity interest, both direct and sponsored, in wealth management keeps growing.