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 grief can affect financial decision making.
Quote of the Day
“When you find a younger, talented advisor that can communicate well. I don’t want to call them a unicorn, but they’re rare. And so there’s great value in that.”
(Jim Dickson)
Podcasts
- Christine Benz and Jeff Ptak talk with Morningstar's ($MORN) Tom Idzore about retirement planning. (morningstar.com)
- Peter Lazaroff talks with Prof. Preston Cherry about the importance of setting expectations in advance of investing. (peterlazaroff.com)
- Just Mack talks direct indexing with Anton Honikman, CEO of MyVest. (financial-planning.com)
M&A
- Private equity firm Genstar Capital is taking a controlling stake in Cerity Partners. (citywireusa.com)
- Why internal succession often loses out to M&A for firm owners. (barrons.com)
Wealthtech
- A June roundup of recent wealthtech news including a new fundraising round for estate startup Vanilla. (kitces.com)
- Orion Advisor Solutions now owns Redtail Technology. (riabiz.com)
Retirement
- The underspending problem in retirement is less of a problem than you think. (morningstar.com)
- Why it's crucial that advisers take into account Medicare in retirement planning. (investmentnews.com)
- The benefits of today's retirement system go to the top 10%. (investmentnews.com)
Advisers
- Joshua Brown, “As an advisor, you cannot tell a client watching millions of dollars of portfolio value getting wiped away that your answer is “do nothing.” (thereformedbroker.com)
- Some services that can be provided in a fee-for-service model. (blog.advicepay.com)
- Advisers who are retiring face their own challenges. (investmentnews.com)
- How to communicate with a newly widowed client. (kitces.com)
- Vanguard has released its 2022 How America Saves report. (institutional.vanguard.com)