Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at why everyone seemingly wants in on the wealth management business.
Quote of the Day
"If a client trusts you with intimate details about their estate planning and legacy giving, “faking it till you make it” isn’t going to fly. They have too much money, and multiple generations of their family depend on you to help them make the right decisions."
(Randy A. Fox)
Podcasts
- Daniel Crosby talks about the unique needs of women and money with Lindsey Lewis. (standarddeviationspod.com)
- Christine Benz and Amy Arnott talk asset allocation and more with Matt Krantz. He is the personal finance and management editor at Investor’s Business Daily. (morningstar.com)
The biz
- Where Dynasty Financial stands since putting plans for an IPO on ice. (investmentnews.com)
- How Callan Family Office amassed $5 billion in AUM in just two years. (riabiz.com)
- Why Morgan Stanley's ($MS) wealth management unit is under investigation. (wsj.com)
- Ron Carson is out as CEO of Carson Wealth Group. (riaintel.com)
- Brands still matter in the wealth management space. (riabiz.com)
Advisortech
- Cache wants to update the exchange fund for the tech era. (bloomberg.com)
- Why Altruist is rebuilding its fee schedule. (riabiz.com)
Retirement accounts
- On the downside of holding non-traditional assets in an IRA. (investmentnews.com)
- Why funds in pre-tax retirement accounts need to be adjusted for taxes. (papers.ssrn.com)
Advisers
- On the gap between what clients want and advisers provide. (wealthmanagement.com)
- Clients hold more away cash than you think. (citywire.com)
- Adjustments are a natural part of life planning. (wealthmanagement.com)
- How to help a visual learner with their finances. (contessacapitaladvisors.com)
- Financial plans rarely look better after a divorce. (barrons.com)
- The death of a spouse can reduce the credit score for the surviving spouse. (crr.bc.edu)
- How to best utilize a donor-advised fund. (flowfp.com)
- Why some wealthy people want a second passport. (cnbc.com)