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 difference between being an adviser and CEO.
Quote of the Day
"We have a fundamental, philosophical misalignment in our country between what we say advisors do and what is good for clients — and frankly, what we actually do for clients."
(Doug Fritz)
Podcasts
- Michael Kitces talks with Jake Northrup, Founder of Experience Your Wealth, about scaling his practice. (kitces.com)
- David Armstrong talks with Larry Swedroe of Buckingham Strategic Wealth about how he talks with advisers about investing topics. (wealthmanagement.com)
- Daniel Crosby talks with Michael Thomas Jr. about building 'financial empathy.' (standarddeviationspod.com)
- Frazer Rice talks with Brent Nelson about his experience with the Wealth and Law podcast. about its role (podcasts.apple.com)
Custody
- More firms are lining up to take on Schwab ($SCHW) in the custody space including SEI. (riabiz.com)
- Charles Schwab ($SCHW) is seeing push back on revised fee schedules. (riabiz.com)
First Republic
- First Republic saw a wave of adviser departures prior to the sale to JP Morgan Chase ($JPM). (investmentnews.com)
- How JP Morgan Chase ($JPM) is trying to hold onto First Republic advisers. (financial-planning.com)
The biz
- What variables matter when it comes to RIA valuation. (citywire.com)
- Dynasty Financial Partners has formed Dynasty Investment Bank to provide services related to mergers and acquisitions in wealth management. (thinkadvisor.com)
- The latest in advisortech news from April including the SEC's scrutiny of tax-loss harvesting systems. (kitces.com)
Practice management
- Why succession planning is important to firm owners whether they plan to sell or not. (riaintel.com)
- Michael Kitces and Carl Richards discuss who should be your first advisory hire. (kitces.com)
Advisers
- Some evidence that couple should maintain joint checking accounts. (sciencedaily.com)
- How tax-adjusting a portfolio works in practice. (advisorperspectives.com)
- Advisers need to recognize that clients have different conversational styles. (kitces.com)
- How personality traits affect estate planning decisions. (thinkadvisor.com)
- A number of tax provisions will sunset in 2026 including the lifetime exclusion amount. (thomaskopelman.com)
- An increasing number of states are introducing auto-IRAs. (investmentnews.com)
