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 good, bad, and ugly of being a financial adviser.
Quote of the Day
"AI will likely be able to help with most of the technical financial variables going forward. But there is a huge difference between textbook or spreadsheet knowledge and the management of client relationships."
(Ben Carlson)
Podcasts
- Christine Benz and Jeff Ptak talk hourly financial planning with Mark Berg who is the founder of and lead advisor at Timothy Financial Counsel. (morningstar.com)
- Justin Castelli talks 'unanswered questions' with Melissa Joy about her chapter in "More Than Money." (allaboutyourbenjamins.com)
- Brendan Frazier talks with Warren Berger about asking better (client) questions. (wiredplanning.com)
The biz
- Even before Fisher Investments' HQ move, Dallas-Fort Worth is already a hub for financial services firms. (riabiz.com)
- Envestnet ($ENV) is adding Lauren Taylor Wolfe and Wendy Lane to the board to avoid a proxy fight. (investmentnews.com)
- Charles Schwab ($SCHW) made the same portfolio mistake as SVB. (riabiz.com)
- First Citizens is acquiring SVB's wealth management unit. (investmentnews.com)
Practice management
- The SEC has been tightening up on the grace period it allows new RIAs before examining them. (investmentnews.com)
- Altruist is working hard to streamline adviser work flow. (riabiz.com)
- How advisers can demonstrate social proof on their websites. (advisorperspectives.com)
Retirement
- How longevity risk makes decumulation decisions more difficult. (advisorperspectives.com)
- How “naturally occurring retirement communities” affect longevity. (thinkadvisor.com)
- An excerpt from Wade Pfau's book "Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success." (advisorperspectives.com)
Advisers
- Why advisers need to look beyond AUM to assess their business. (citywire.com)
- The RIA industry is becoming increasingly bifurcated. (riaintel.com)
- Who is the ideal candidate for direct indexing? (morningstar.com)
- Don't dismiss the benefits of the 0% capital gains rate. (wsj.com)
- Somebody just paid a really big estate tax bill. (qz.com)
