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 trend toward outsourced investment management.
Quote of the Day
"Behavioral finance and soft skills add “hard” value to clients. Relational and behavioral considerations are the only enduring competitive advantages in our space."
(Daniel Crosby)
Crypto
- More companies, like ARK, are jumping into the cryptocurrency SMA space. (blockworks.co)
- Add Valkyrie to the list of crypto SMA providers. (blockworks.co)
Podcasts
- Michael Kitces talks with Ramit Sethi about how he helps people shape their “rich life” and focus on spending money on the things they love. (kitces.com)
- Peter Lazaroff on the difference between a financial adviser and wealth manager. (peterlazaroff.com)
- Michael Kitces and Carl Richards on when it makes sense to fire a client. (kitces.com)
The biz
- Why rumors keep swirling around Goldman Sach's ($GS) move into the custody business. (riabiz.com)
- Fidelity, Vanguard and Alight are rolling out a service to automate the transfer of retirement accounts between employers. (wealthmanagement.com)
- Vanguard is ramping up its efforts to provide customers with high yields on bank desposits. (riabiz.com)
Taxes
- Why RIAs love to buy accounting firms. (citywireusa.com)
- A look at the performance of automated tax-loss harvesting strategies. (kitces.com)
- Finally some clarity on RMDs for inherited IRAs. (thinkadvisor.com)
- How taxes affect sustainable withdrawal rates. (advisorperspectives.com)
Advisers
- Advisers are at risk like the big banks by not archiving text messages. (riabiz.com)
- The questions that retirees need to ask themselves before the big day. (investmentnews.com)
- Why the demise of Social Security has been predicted for so long. (morningstar.com)
- Calls are growing to increase donations from donor advised funds and private foundations. (bloomberg.com)
- 'Financial unequal' couples face their own challenges. (advisorperspectives.com)
- Only 1 in 3 Americans have an estate plan. (fa-mag.com)
- Risk is unavoidable. Panic is not. (morningstar.com)
