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 putting in place a succession plan.
Quote of the Day
"Markets demand humility: We must humbly admit just how little we actually know about the present, and how much less we know about the future."
(Barry Ritholtz)
Podcasts
- Daniel Crosby talks with Natalie Taylor who is Head of Financial Advice at Monarch Money. (standarddeviationspod.com)
- Jack Forehand and Justin Carbonneau talk with Plancorp CIO Peter Lazaroff about ten mistakes investors make. (podcasts.apple.com)
- Frazer Rice talks with Matthias Kuhmley, Chief Development Officer at Hightower Advisors (podcasts.apple.com)
The biz
- CAIS has built several other customized platforms for RIAs and other wealth managers. (riaintel.com)
- Snappy Kraken has acquired Advisor Websites. (wealthmanagement.com)
- Morningstar ($MORN) has invested in SMArtX. (riabiz.com)
- Fidelity is going to require RIAs to get cyber insurance coverage. (riaintel.com)
Bitcoin
- Sen. Elizabeth Warren is not happy about Fidelity's plans to allow 401(k) investors access to Bitcoin. (riabiz.com)
- Ultimately it will be up to the Department of Labor. (pionline.com)
Advisers
- How QLACs work. (thinkadvisor.com)
- Clients want advisers that mirror their experiences. (investmentnews.com)
- How to become a better listener, according to science. (fastcompany.com)
- What financial advisers should do if they think elder financial fraud is happening. (financial-planning.com)
- Why financial advisers need to be careful to not give advice outside of their competence. (advisorperspectives.com)
- Why traditional financial literacy education fails. (etftrends.com)
- Behavioral finance nudges work, but they can't fix a broken system. (ft.com)
