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 changing crossover point between HNW and UHNW.
Quote of the Day
"Our industry has been purpose-built to serve the Baby Boomer generation and that change would necessary to make the leap to serving Gens X, Y and eventually Z. A lot of this change will come about in terms of how we communicate and the user interfaces we employ."
(Joshua Brown)
Podcasts
- Ryan Detrick and Sonu Varghese talk with Josh Brown about the secrets of success in finance AND media. (podcasts.apple.com)
- Brett McKay talks with Daniel Crosby author of "The Soul of Wealth: 50 Reflections on Money and Meaning." (artofmanliness.com)
- Ben Carlson talks about the state of the retirement savings market with Shawn O'Brien, Director of Retirement at Cerulli Associates. (youtube.com)
The biz
- Why Hightower Advisors is buying an institutional investment consultant. (riabiz.com)
- Why XYPN felt they needed to launch Sapphire. (riabiz.com)
- M&A deals in 2024 have been increasing in size. (citywire.com)
- What's behind the surge in client churn at RIAs? (riabiz.com)
Risk tolerance
- Determining a client's risk tolerance is more complicated than having them fill out a questionnaire. (advisorperspectives.com)
- Does risk tolerance change in retirement? (morningstar.com)
- Risk tolerance questionnaires are conversation starters. (advisorperspectives.com)
Advisers
- A plan for onboarding client service associates. (kitces.com)
- Tax-loss harvesting is going long-short. (bloomberg.com)
- How should consumers think about the cost of an adviser? (kitces.com)
- How long-term care insurance went away. (barrons.com)
- We all make mistakes, including advisers. (advisorperspectives.com)
- Financial planning CAN change lives. (signaturefd-3437664.hs-sites.com)
