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Tagged with “finance” (1)

  1. Michael Kitces – The Past, Present & Future of Financial Advice – [Invest Like the Best, EP.122]

    My guest this week is Michael Kitces, who is one of our

    industries go-to experts on all things financial advise and financial planning.

    We discuss the past, present, and future of financial

    advise, financial technology, and investing. If you are a financial advisor or

    use one, this conversation is full of great history and perspective. Please


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    curriculum and then 3-4 suggestions every month at

    Follow Patrick on Twitter at @patrick_oshag

    Show Notes

    1:08 – (First Question) – History of financial

    planning/advice model

    5:26 – Fee changes in the 1970’s

    10:01 – The start of the AUM model

    10:44 – Value proposition for financial advisors beyond

    trading vs robo-advsiors

                11:49 – Why

    Robo-Advisors Will Be No Threat To Real Advisors

    18:20 – Why are humans still dominating the space

    23:58 – Future of advisor fees

    32:50 – Viability of the human driven flat fee model

    37:50 – The dominance of flat fee models

    43:13 – What services are financial advisors offering to

    justify their fees

    47:17 – Dimensions to divide potential customers

    52:20 – Exciting updates on the investment side that will

    help differentiate managers

    55:37 – Any investment function beyond the basics that is

    intriguing to him

    58:45 – Most interesting problems to be solved on the

    investing and non-investing sides

    1:04:52 – Advice for young advisors

    1:09:24 – How does he invest his own money

    1:11:31 – Kindest thing anyone has done for Michael


    Tagged with finance

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