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 foster an ownership mentality.
Quote of the Day
"We tend to fall in love with our financial planning solutions when we should be falling in love with our clients’ problems."
(Tim Maurer)
Podcasts
- Brendan Frazier talks 'Behavioral Finance 3.0' with Meir Statman author of "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance." (podcasts.apple.com)
- Michael Kitces talks with Kevin Leahy, CEO of Connecticut Wealth Management, about building an effective internal adviser training program. (kitces.com)
- Thomas Kopelman and Jacob Turner talk with Daniel Crosby author of "The Soul of Wealth." (podcasts.apple.com)
The biz
- Fidelity's move to sweep client cash into FCASH, making more work for RIAs. (riabiz.com)
- Morgan Stanley's ($MS) wealth management division apparently prioritized assets over vetting clients. (wsj.com)
- Startup AI wealth manager Range raised another round of capital. (wealthmanagement.com)
Practice management
- Can the RIA industry continue to grow at double-digit rates? (riabiz.com)
- Why wealth managers need to do more to support client charitable giving. (kitces.com)
- Another wealth manager advocates for a return to the office, especially for early career professionals. (citywire.com)
Advisers
- How to demonstrate the value of financial planning to a prospect. (kitces.com)
- 11 reasons prospects reach out to a financial planner. (flowfp.com)
- Private investing requires a higher level of due diligence. (citywire.com)
- How to reframe financial planning around client happiness. (klementoninvesting.substack.com)
- The rules on 529 to Roth IRA conversions are not locked in stone. (thinkadvisor.com)
