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The Long View

Michael Kitces: Does Portfolio Customization Pay Off?

The Long View

Morningstar

Finance, Dan Lefkovitz, Amy Arnott, Entrepreneurship, Investing Leaders, Jeff Ptak, Investors, Christine Benz, Influential Investors, Careers, Long-term Investing, Financial Services, Business, Investing, Morningstar

4.5775 Ratings

🗓️ 23 August 2022

⏱️ 63 minutes

🧾️ Download transcript

Summary

The financial advice guru discusses his time-management hacks, the benefits and limitations of direct indexing, and the myth of fee compression in the advice space.

Transcript

Click on a timestamp to play from that location

0:00.0

At Jackson, we've created a digital retirement planning experience with you and mine.

0:05.5

Visit jackson.com to explore our easy-to-understand resources and user-friendly tools

0:10.1

that are designed to enable financial professionals and clients to plan a path to financial freedom.

0:15.5

Jackson is short for Jackson Financial Incorporated, Jackson National Life Insurance Company, Lansing, Michigan,

0:20.5

and Jackson National Life Insurance Company of New York, purchase New York.

0:26.6

Please stay tuned for important disclosure information at the conclusion of this episode.

0:33.1

Hi, and welcome to the Longview. I'm Christine Ben's Director of Personal Finance and Retirement Planning for Morning Star.

0:40.0

And I'm Jeff Battack, Chief Ratings Officer for Morning Star Research Services.

0:44.2

Today on the podcast, we welcome back Michael Kitsis, who was one of our first guests on the Longview.

0:50.1

Michael is the head of planning strategy for Buckingham Wealth Partners.

0:54.1

In addition, he is a co-founder of the XY Planning Network, Advice, Michael is the head of planning strategy for Buckingham Wealth Partners.

0:54.3

In addition, he is a co-founder of the XY Planning Network, Advice Pay, new planner recruiting,

1:01.1

FP Pathfinder, and F.A. B. Counters.

1:04.7

Michael also oversees the leading industry blog for financial advisors, nerds eye view at

1:09.6

kitsas.com, which reaches more than 250,000 readers

1:13.4

each month. Michael also has two podcasts, Financial Advisor's Success, and Kitsas and Carl, the latter

1:21.1

of which he produces with Carl Richards. He has received numerous financial planning designations,

1:26.8

including the certified financial planner,

1:29.2

chartered financial consultant, and chartered life underwriter designations. He received his bachelor's

1:35.3

degree in psychology from Bates College and subsequently earned master's degrees in taxation and

1:41.6

financial planning. Michael, welcome to the Longview. Thank you. It's great to be

1:46.7

here. I appreciate the opportunity to come back. I was trying to remember. It's been a few years.

...

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