The youngest Mullooly brother, Casey, has recently passed his Series 65 exam. While studying, he came across a couple practice questions that raised an eyebrow or two. Especially with the new Department of Labor rule causing change across the industry, these practice questions just don’t seem right. Hopefully over the coming years, prospective advisers won’t be taught some of the things they currently are. Take a look at Casey’s latest blog post below to see what I’m talking about.
Here’s what I’ve been reading this morning:
‘This Needs To Change’ – Casey Mullooly – Mullooly Asset Management
‘Cash Cows Eventually Die’ – Tadas Viskanta – Abnormal Returns
‘Ray Dalio: Welcome to the Age of Trump’ – Josh Brown – The Reformed Broker
‘The Emerging Markets Hat Trick: Time to Throw Your Hat In?’ – Rob Arnott, Brandon Kunz – Research Affiliates
‘Is Financial Planning an Industry or a Profession?’ – Michael Kitces – Nerd’s Eye View