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 to manage firm when everyone is out sick.
Quote of the Day
"Not only do we have a generation of advisors on the brink of retirement, we also have a generation who are so disillusioned with our profession they are actively looking for a way out."
(Frugal Banker)
Podcasts
- Michael Kitces talks with Carl Richards about identifying a niche for your practice. (kitces.com)
- Daniel Crosby talks money scripts with Michelle Arpin Begina. (standarddeviationspod.com)
- Jim Dahle talks about the unique financial needs of veterinarians with Dr. Erik Hofmeister. (whitecoatinvestor.com)
- Michael Kitces talks with Jared Siegel who is a Partner at Delap Wealth Advisory about outsourcing operations. (podcasts.apple.com)
M&A
- Private equity has become a much bigger part of the wealth management industry. (investmentnews.com)
- Rosemont, a private equity firm focused on wealth and asset managers, is winding down its business so that it can invest “permanent capital” on behalf of the insurance company Markel Corporation ($MKL). (riaintel.com)
- Why CI Financial ($CIXX) is so laser-focused on the U.S. wealth management market. (investmentnews.com)
The biz
- Charles Schwab ($SCHW) is accelerating the process of putting TDA reps under Schwab registration. (riabiz.com)
- What Fidelity is doing with its direct indexing product Fidelity Managed FidFolios. (financial-planning.com)
- Focus Financial and CAIS are teaming up to provide member firms with a customized alternative investment platform. (riaintel.com)
- Goldman Sachs ($GS) wants to keep more partner wealth in-house. (bloomberg.com)
Advisor tech
- The past month in adviser technology news including the launch of the Onyx Advisor Network. (kitces.com)
- Kitces.com has launched an adviser technology directory. (kitces.com)
Advisers
- How to know if you picked a good niche for your practice. (advisorperspectives.com)
- Financial literacy efforts are paying off for pro athletes. (thinkadvisor.com)
- Divorce is never easy. It gets even more complicated when crypto is involved. (nytimes.com)
- RMDs as a retirement withdrawal strategy. (thinkadvisor.com)
- Where the value is in the business of financial advice. (thefrugalbanker.beehiiv.com)
