Adviser links: the downside of advice

Robo-advisors

• Robo-advisor Personal Capital is once again growing AUM. (riabiz.com)
• Robo-advisor WorthFM is closing its doors. (wealthmanagement.com)

Survey

• This Kitces-sponsored survey hopes to identify how "financial advisors are actually preparing and delivering financial plans today." (kitces.com)
• A direct link to the Kitces Research Survey on Advisors' Financial Planning Processes. (sgiz.mobi)

Podcasts

• Tim Mulooly talks with Alex Palumbo about what its like to be a 'young adviser' these days. (livingwithmoney.com)
• Michael Kitces talks with Anjali Jariwala who has built a niche, retainer-based business focused on young professionals. (kitces.com)

Advisor links

• Sequence of returns risk matters in retirement: how to build a better glidepath. (blog.thinknewfound.com)
• Do we really need 401(k) plans that offer participants a load of alternative assets? (morningstar.com)
• How Vanguard's move to make trading of most ETFs free is a shot across the bow of existing programs. (kitces.com)
• Four reasons why advisers should be afraid of the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ($GSLC). (bloomberg.com)
• Why the financial advice industry needs to become more female, younger and more diverse. (wealthmanagement.com)