Weekend Reading For Financial Planners (April 1-2)

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that, according to a recent survey, RIAs are considering metrics for growth other than assets under management, from the number of clients to diversifying the services they offer. And given that growth can create additional time burdens for advisors, many advisors are looking to automation as a way to gain efficiencies as they scale.

Also in industry news this week:

• How RIAs appear to be increasingly pushing back against proposed rules and enforcement actions from the SEC
• How one broker-dealer reminded its advisors that they do not necessarily have full independence when it comes to selling their firm

From there, we have several articles on spending:

• Why now could be a good time to buy a house despite elevated mortgage rates
• Why some of the most valuable ‘luxury goods’ money can buy do not have brand names
• How advisors can help clients transition from savings mode during their working years to spending down their portfolio in retirement

We also have a number of articles on management:

• 7 books that can help new managers lead effective teams
• How to create an employee onboarding process that can improve retention
• How advisory firm leaders can take advantage of the trend of ‘boomerang employees’

We wrap up with 3 final articles, all about personal growth:

• Why taking a massive leap in personal growth can be rewarding, despite the risks
• Why self-compassion is more effective than self-criticism when it comes to overcoming mistakes
• A step-by-step process for finding and developing your passion without having to spend 10,000 hours working on it

Enjoy the ‘light’ reading!

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