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 combat the ‘curse of knowledge’ as an adviser.
Quote of the Day
“If you don’t want to put all your eggs in one basket [in a portfolio], why in the world would the profession want to put all their eggs in white men?”
(Lazetta Rainey Braxton)
Podcasts
- Brendan Frazier talks with Sten Morgan, the founder of Legacy Investment Planning, about better communicating with clients. (wiredplanning.com)
- Michael Kitces talks with David Savir who is the Co-Founder and CEO of Element Pointe Family Office, about crafting an employee equity program. (kitces.com)
- Daniel Crosby reads another chapter from his forthcoming book "The Soul of Money." (standarddeviationspod.com)
The biz
- Fidelity now oversees some $12.6 trillion in assets. (riabiz.com)
- Does Citigroup ($C) have a path forward in wealth management? (wsj.com)
Alts
- Things can get very complicated when a PE-backed firm starts offering funds from its owner. (citywire.com)
- KKR ($KKR) says they are making headway selling alts to mass affluent investors. (investmentnews.com)
Lifetime income
- Americans need more help managing retirement income. (thinkadvisor.com)
- Five steps to create a paycheck in retirement. (kindnessfp.com)
- DPL Financial Partners saw a big boost in annuity sales in 2023. (riabiz.com)
- A closer look at the new LifeX funds. (morningstar.com)
Talent
- Wealth management firms are coming to realize they have a headcount problem. (financial-planning.com)
- Why diversity is an advantage for wealth management firms. (investmentnews.com)
Advisers
- Why private equity hasn't tired of investing in wealth management firms yet. (investmentnews.com)
- Don't let a lack of fee transparency prevent you from gaining new clients. (msn.com)
- Why follow-up questions are crucial in financial planning. (kitces.com)
- How direct indexing can be used in bond portfolios. (thinkadvisor.com)