I’m in Denver today presenting at the WealthCounsel Planning for the Generations conference (look for conference tweets with #p4g2013), so I juggled intermittent GoGo inflight WiFi on my Delta flight to add several last-minute articles from Thursday.
Here are this week’s stories of interest:
Advisory firm invites clients, others to ‘hang’ in high-tech office from InvestmentNews.com
[Oxygen Financial is really stirring the pot in a good way. The opening of a new retail-based storefront in a high-traffic area of Atlanta (Buckhead, specifically) is an experiment by the progressive financial advisory firm, but one that has a very good chance of paying off in a big way. The new office is literally 10 minutes from FPPad headquarters, so I hope to visit soon and film some video for you and post it in a few weeks.] Oxygen Financial Inc. opened a second office in Atlanta today, aimed at helping meet the needs of time-starved young investors.
Bloomberg Is Liquidating Its New Wealth Management Business from BusinessInsider.com
[Well that was quick. BloombergBlack only just announced it’s shutting down its entry into the online financial advice arena. The good news: You don’t have to persuade clients against moving to a $100-$500/month online service. The bad news: If Bloomberg can’t figure out how to make the economics of an online financial advice platform work (see BloombergBlack Review: This Is Not The Disruptor You’re Looking For from I heart Wall Street), who can?] Bloomberg LLP is liquidating its wealth management business, BloombergBlack affecting 30-40 employees that could return to the company or be laid off permanently, according to sources close the situation.
10 Things You Need To Know About Google’s New Chromecast from ReadWrite.com
[Hey, did you hear that Google is now selling this USB-thumb-drive-sized device to plug in to your HDMI TV and stream videos, all for $35? This ReadWrite article covers lots of the consumer benefits of streaming video content, but here’s your takeaway. You can buy this, plug it in to your flat screen TVs in your office, and beam what’s in your Chrome browser directly to your big screen. Now you CAN’T completely mirror your mobile device, which a minority of advisers have already been doing with with the $99 AppleTV and an iPhone or iPad (I love my AppleTV!). Google’s Chromecast opens up video streaming to a lot more mobile devices, but I still think the AppleTV and iOS device combo is the go-to mirroring system for advisers.] Google’s push for the living room got a fuel injection yesterday when the company revealed its Chromecast streaming stick.
And if you want to read the best material in financial planning knowledge and information over the weekend, click or tap the button below to head over to Michael Kitces’ Nerd’s Eye View blog and see the latest in Weekend Reading.
