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 communicate with clients leaving your practice.
Quote of the Day
“The hardest part of using alts is explaining why you have them in your portfolio and being able to explain exactly what they are...”
(Nadia Papagiannis)
Chart of the Day
Focus Financial ($FOCS) has an offer on the table from Clayton, Dubilier & Rice. (chart via @ycharts)
Podcasts
- Brendan Frasier talks with Jordan Hutchison of Shaping Wealth about finding flow with clients. (wiredplanning.com)
- Michael Kitces talks with Ali Swart who is a Partner and the Managing Director for Waldron Private Wealth about the business of a multi-family office. (kitces.com)
- Rick Ferri talks taxes and withdrawal rates with Christine Benz of Morningstar. (bogleheads.podbean.com)
The biz
- The initial conversion of TDA accounts to Charles Schwab ($SCHW) will soon happen. (riabiz.com)
- Goldman Sachs ($GS) is teasing a return to the RIA custody space. (investmentnews.com)
- A review of the adviser custodial space and how digital onboarding is affecting competition. (advisorperspectives.com)
Advisers
- Advisers need to be cognizant of clients with substantial sums in sweep accounts. (wsj.com)
- Robo-advisors didn't kill off the human adviser. What about ChatGPT? (investmentnews.com)
- A Q&A with Georgia Hussey, CEO and founder of Modernist, about politics and ESG. (thinkadvisor.com)
- Clients need to prepare for cognitive decline before it happens. (moneytalkgo.com)
- What you can learn from the 23 top advisor websites for 2023. (riskalyze.com)
- On the tax implications of a snowbird lifestyle. (savantwealth.com)
