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 challenges of training associate advisers.
Quote of the Day
"The financial industry — old school and new school alike — sells what’s hot when it’s the hottest. Although history shows that’s the worst time to buy, we just can’t help ourselves."
(Chris Schelling)
Chart of the Day
Advisers don’t communicated with clients as well as they think they do.
Podcasts
- Michael Kitces talks with Penny Phillips who is president and co-founder of Journey Strategic Wealth about the pros and cons of tucking a practice into a larger enterprise. (kitces.com)
- Daniel Crosby talks financial dysfunction with Dr. Sonya Lutter. (standarddeviationspod.com)
- Meb Faber talks with Patrick Geddes is the co-founder and former CEO of Aperio Group, a pioneer in custom index equity portfolios. (mebfaber.com)
- Michael Kitces and Carl Richards talk about balancing the needs of existing clients and future growth. (kitces.com)
- Dasarte Yarnway talks with Michael Kelly of Switchback Financial about equity compensation. (soundcloud.com)
The biz
- Markets are recognizing the power in the new Charles Schwab ($SCHW). (riabiz.com)
- Vanguard keeps accumulating assets and complaints about poor customer service at the same time. (bloomberg.com)
- The modern Fidelity Investments is largely a function of decisions the late Ned Johnson made. (riabiz.com)
- RIA valuations are slowing their ascent. (citywireusa.com)
- Advyzon is launching a TAMP. (financial-planning.com)
Social Security
- Why Social Security and Medicare are part of a tax-efficient withdrawal strategy. (thinkadvisor.com)
- How 401(k) plans can help bridge to collecting Social Security. (investmentnews.com)
Advisers
- Clients come to an adviser usually with a problem. How focusing on that problem is a good start to a relationship. (kitces.com)
- How to use the medical residency model for training new financial planners. (kitces.com)
- What new retirees need to know about taxes. (investmentnews.com)
- Are advisory fees actually going down? (advisorhub.com)
- How to fire a client the right way. (financial-planning.com)
