Adviser links: taking less risk
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at...
In the world of financial planning and investment management, advisers are increasingly recognizing the importance of mitigating risk. Listening to a variety of podcasts and articles, experts share insights on how to navigate the complexities of tax planning, direct indexing, and diversification strategies to protect clients' assets.
For instance, Steve Curley and Brent Sullivan discuss the allure of tax alpha, highlighting the potential benefits of strategic tax planning. Meanwhile, Josh Brown speaks with Roger Paradiso, Executive Chairman at O’Shaughnessy Asset Management, about the advantages of direct indexing. This approach involves using individual securities to replicate a target index, providing more control and flexibility in managing tax implications.
Barry Ritholtz engages with Omar Aguilar, Chief Executive Officer and Chief Investment Officer of Schwab Asset Management, discussing preparations for a potential downturn. Meanwhile, Dakota Wealth Management's founder and CEO, Peter Raimondi, shares his perspective on preparing for market volatility.
In terms of tax planning, Retirement Researcher advises that tax brackets should not solely be filled with Roth conversions. The IRS itself has provided guidance on 351 exchanges, which allow for the tax-free transfer of assets between entities.
Moreover, experts emphasize the challenges faced by smaller advisers. Fidelity has put Regional Investment Advisors (RIAs) with less than $100 million in assets under management (AUM) on notice, indicating a shift in the industry. Small RIAs are finding themselves running out of options as they navigate the evolving landscape.
These articles and podcasts underscore the need for advisers to diversify their skill sets and strategies. As the industry evolves, advisers must continually adapt to stay ahead of the curve and better serve their clients' needs.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
