Wealth Management/Industry News

Squad Goals

Prospective clients always ask me, “What sets your firm apart from other wealth managers?”. My answer is simple, the people. One of my favorite things about working at RWM is being part of a team of elite financial advisors. These are the rock stars behind the scenes. The ones you don’t see as often on…

Asset Destruction

“I am so sorry.” These are the only four words that come to mind. I don’t know what else to say to an investor who’s been sold a load of garbage by a life insurance agent. I can no longer keep quiet as I witness this silent epidemic of bad incentives, high pressure sales tactics,…

The advice business is permanently changed

This is an op-ed that was originally published on CNBC here.  When the Covid-19 pandemic hit the U.S. in mid-March, there were three types of financial advisory firms: high-tech, low-tech late adopters and firms somewhere in between. The overnight shift to work-from-home was vastly different for each type. Low-tech firms transported printers and fax machines…

The Psychology of Money

I wrote a few weeks ago that Morgan Housel has written the finance book of the year. The Psychology of Money was released this week, and it is a must read. The book going straight the to top of my list that I recommend to any investor. Morgan is on a whirlwind of a book…

The Finance Book of the Year

On Monday I had a prep call for a webinar I am moderating next month for the CFA Institute.  I have the distinct honor of asking Morgan Housel questions about his new book, The Psychology of Money. This will be the top finance book of 2020. Be sure to preorder your copy here. I was…

In Case You Were Wondering ….

I am not leaving my job. I am not stepping back. I’m not taking a year or two off. I won’t find it necessary to become a stay-at-home mom because I have two children under four. Maybe you’ve seen this happen to other women – your friend, your daughter, your daughter-in-law, or your niece. Perhaps…

Wealth/Stack Conference Recap

We did it! The inaugural Wealth/Stack conference was held in Scottsdale, AZ earlier this week. After more than a year of planning and preparation, we executed what I think will become a can’t miss event for independent advisors in future years. Of course, the team at Inside ETFs did the heavy lifting with logistics and…

CFA Annual Conference London

I was in London this week for the 72nd CFA Institute Annual Conference. Along with almost 1,200 CFA charterholders and members from around the world, I listened to presentations around the theme of Disruption. There is something magical about assembling a group of investment professionals who control capital and allocation decisions for trillions of dollars…

The Importance of Checklists

This weekend, I had a frightening experience with my two-year-old son. He had a fever that escalated so fast that it caused what we think was a seizure. For almost a minute, he was unresponsive and seemed to stop breathing. That minute felt like an eternity. I told my husband to call 9-1-1, while I…

A Great Career for Moms

I attended a baby shower last weekend and found myself immersed in conversation with a grandmother about the challenges of her daughter’s high powered medical career. Her daughter is a mother of two young children, ages 5 and 5 months. Her first child was born during an intense fellowship for pediatric surgery, a program that…