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Tuesday links: acute inefficiencies

Abnormal Returns

theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios. ft.com) Social media will change any future financial crisis. axios.com) Venture capital There's no way other banks will be as startup-friendly as SVB. cnbc.com) VCs are beating the bushes to invest in AI startups.

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Monday links: a loss of trust

Abnormal Returns

(ritholtz.com) The reversal in interest rates could relieve some pressure on bank portfolios. tomtunguz.com) Cash management wasn't a priority for startups. axios.com) Earlier on Abnormal Returns Adviser links: holistic financial guidance. marginalrevolution.com) Why Signature Bank went under.

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Average Fees for Financial Advisors in 2023

Harness Wealth

Investing in financial guidance is an investment in your future. Here’s a deep dive into the average fees of financial advisors, in 2023. Here, we’ll break down the different types of fees that financial advisors charge in 2023. and 2% A $500,000 portfolio could cost between $2,500 and $10,000 per year.