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Summer Reading List Of “Best Books” For Financial Advisors – 2025 Edition

Nerd's Eye View

And so, in the spirit of sharing, a few years ago I launched my list of "Recommended (Book) Reading for Financial Advisors", and it was so well received that in 2013 I also started sharing my annual "Summer Reading List" for financial advisors of the best books I'd read in the preceding year.

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Wealthspire Advisors: Reimagining the Wealthstack After Nine RIA Acquisitions

Wealth Management

We took a pause in the last year to acknowledge that, since our formation in 2019 , we have tripled in size and integrated more than nine firms. We were looking to balance innovation with our boutique-level service. formally launched Wealthspire 2.0 in summer 2024.

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Market Commentary: Strong Jobs Report Gets the “Good News Is Bad News” Treatment

Carson Wealth

Thats running at a solid 170,000 per month, versus an average of 166,000 in 2019. million in 2023 but well in the ballpark of what we saw in 2017-2019 (2.1 in 2018-2019. in 2018-2019). increase in 2019, but the current pace is down from 3% a year ago. The economy created over 2 million jobs in 2024, down from 2.4

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Market Commentary: S&P 500 Makes a New All-Time High, and a Look at Housing

Carson Wealth

But inventory is still low relative to history—it’s down 12% from average 2019 levels. As of 2025 Q1, net worth as a percent of disposable income is 740%, up from 688% at the end of 2019. It was 101% at the end of 2019, and 137% just before the financial crisis in 2007. million as of May 2025, up 20% from a year ago.

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Market Commentary: Seasonal Tailwinds Ahead, but First an Election

Carson Wealth

In 2019, monthly job growth averaged 166,000 but we saw four months with 100,000 or fewer jobs created. The 2017-2019 pace was 3.1%.) Keep in mind that the Fed was easing rates even in 2019, amidst a solid job market. Right now, the three-month average of July-September job growth is 148,000 (ignoring October).

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Market Commentary: Stocks Stall but More Signs Inflation Has Normalized

Carson Wealth

Still, lets focus on where excess inflation is coming from for CPI and compare the November data to December 2019 (when headline and core CPI were up 2.3% in December 2019. Thats adding 0.52%-points to excess headline CPI relative to December 2019, and 0.65%-points to excess core CPI. y/y versus the 2018-2019 average of 3.7%.

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Market Commentary: Stocks Hit New Highs Amid a Year of Milestones

Carson Wealth

For reference, the 2019 average was 166,000. 6 million level we saw in 2018-2019. million level we saw in 2018-2019. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. Hires fell to 5.3 million a month, well below the 1.8-2.0