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.
Podcasts
- Daniel Crosby talks financial therapy with Mary Bell Carlson. (standarddeviationspod.com)
- David Lenok is joined by Richard Peck, vice president of New Hampshire Charitable Foundation, and Jonathan Gassman, CEO of Gassman Financial Group to talk about how Mackenzie Scott goes about giving away her wealth. (wealthmanagement.com)
- Michael Kitces talks with Joe Pitzl, founder of Pitzl Financial, about his path into the financial advice business. (podcasts.apple.com)
Advisor tech
- Envestnet ($ENV) is investing in, and rolling out access to, YieldX. (riabiz.com)
- The latest in advisor fintech news including the shutdown of the Helios estate planning service. (kitces.com)
M&A
- CI Financial ($CIXX) is paying up to land new deals. (riabiz.com)
- Focus Financial ($FOCS) has laid up ambitious growth targets. (riaintel.com)
Behavior
- A couple can't work together on their finances if they aren't honest with each other. (advisorperspectives.com)
- For most people worrying about money is counterproductive. (theatlantic.com)
Advisers
- Investment advisers are now the biggest holders of ETFs. (ft.com)
- A Q&A with Michael Batnick on why Ritholtz Wealth Management built a crypto index solution. (wealthmanagement.com)
- The Supreme Court is set to weigh in on a major defined contribution plan case. (morningstar.com)
- How states are helping citizen getting around the SALT cap. (wsj.com)
- Bill Bengen on the status of the 4.0% retirement withdrawal rate. (advisorperspectives.com)
