Nerd's Eye View

MARCH 21, 2023

Brenda is a financial planner with Objective Financial Partners, an advice-only advisory firm based in Ontario, Canada, that works with clients on project-based financial plans, and also offers outsourced paraplanning to other Canadian advisory firms. My guest on today's podcast is Brenda Hiscock. Read More.

Financial Advice 245

Financial Advice Insurance Financial Advisor Financial Planning 245

The Big Picture

JULY 20, 2023

My obvious bias is that my advisory firm charges clients to create financial plans and manage their assets. But just do the math: Would you prefer to give up 67 basis points (RWM’s dollar-weighted average fee is ~0.67%) or would you prefer to give up 30% of your gains PLUS pay an annual 0.79% fee for the TJUL ETF?

Math 186

Math Financial Planning Assets Management 186

The Big Picture

SEPTEMBER 10, 2022

KCP Group ). • Your Career Is Just One-Eighth of Your Life : Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math. ( Citi Global Wealth manages more than $800B in Client Assets, and North America accounts for about half of that business. The Atlantic ). • Source: Pew Research Center.

Math 303

Math Wealth Management Accounting Media 303

The Big Picture

NOVEMBER 27, 2023

My own track record at making big calls is pretty damned good, but none of our clients wants me slinging around their retirement monies based on my gut instinct. Hence, the less it matters, the less actual capital is on the line, the easier it is to make those bold calls. I sure as hell don’t want to either. More on this later.

Marketing 296

Marketing Marketing Math Retirement Planning 296

Nerd's Eye View

FEBRUARY 21, 2023

billion in assets under management for nearly 400 client households. My guest on today's podcast is Danqin Fang. Danqin is a Lead Advisor for Austin Asset, an independent RIA based in Austin, Texas that oversees more than $1.3

Financial Advisor 130

Financial Advisor CFP Financial Planner Education 130

The Big Picture

FEBRUARY 10, 2023

Business Insider ) • Stop treating unemployment as a necessary evil to curb inflation : An economist explains why it’s time to rethink popular assumptions about layoffs. ( Vox ) see also If You Have to Have a Recession, Make It a Rolling One Mild slumps that ripple through the economy can slow inflation without putting too many people out of work.

Math 164

Math Engineering Manufacturing Investing 164

Random Roger's Retirement Planning

APRIL 22, 2024

The article devoted a good amount of space to bond market math, focusing on the pain of owning the iShares 20+ Year Treasury ETF (TLT) and bond funds in general. I've been like a broken record for years on the need to avoid bonds that have any sort of duration or at least be extremely underweight duration versus the typical benchmarks.

Marketing 87

Marketing Marketing Financial Advising Math 87

Walkner Condon Financial Advisors

JUNE 2, 2023

In this regard, financial planning seems to differ from science, technology, engineering and math (STEM) careers where many women leave their jobs in their mid-thirties after a few years of experience on the job.” As advisors, we get the opportunity to work with clients, develop relationships, and build trust.

Financial Planning 98

Financial Planning Planning CFP Financial Advisor 98

Random Roger's Retirement Planning

APRIL 12, 2023

The way I've been approaching this has been to build the 40% differently, to not pile the 40% or 35% or 45% depending on the client, all into fixed income. If you've been reading the blog for a while you might be able to guess that the red line is the Merger Fund (MERFX) which is a client and personal holding.

Portfolio 68

Portfolio Math Clients Retirement 68

Random Roger's Retirement Planning

OCTOBER 9, 2022

If you do the math, that yields a better long term result in nominal terms and also in risk adjusted terms. Where QDSIX was stagnant for kind of a long time addresses a point that I try to incorporate into client portfolios which is not to thing in static terms. 75/50 targets 75% of the upside and 50% of the downside.

Portfolio 72

Portfolio Math Clients Management 72

The Better Letter

MAY 13, 2022

“Bottom line: Behavioral finance generates fascinating insights but hasn’t had much practical impact on financial advisors and their clients seeking to make better financial decisions, let alone achieve financial wellbeing.” For math, she teaches the advanced class — the top students in the school.

Math 52

Math Economics Financial Advisor Education 52

Sara Grillo

APRIL 11, 2023

The reason I put all this together is I see a ton of financial advisors out there who struggle to get a grasp of what the math behind a financial advisor practice looks like. It’s important if you want to grow/manage your practice the right way (for the sake of your clients) that you grasp this. Thanks for reading.

Financial Advisor 97

Financial Advisor Management Accounting Consulting 97

Random Roger's Retirement Planning

NOVEMBER 21, 2023

A model portfolio is simply a portfolio that can scale up to be implemented in sort of an automated fashion across the board for all clients or maybe an advisor will have a stable of a couple of different ones they use depending on a client's particulars. So using simple math, the total return is 34% versus 72% for the common.

Portfolio 73

Portfolio Asset Allocation Math Compliance 73

Random Roger's Retirement Planning

OCTOBER 29, 2023

In looking at it every so often to see how it has done (I’ve never owned it for clients) it seems like it’s done well, price-wise about 1/3 of the time and gotten pasted the other 2/3 as a very casual observation. He was very worried that I would sell his clients’ bonds which were (and still are of course) very under water.

Insurance 78

Insurance Clients Math Portfolio 78

Investing Caffeine

FEBRUARY 1, 2022

Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. If bond yields climb significantly to the point where returns are more competitive with stocks, I will likely be buying significantly more bonds for me and my Sidoxia ( www.sidoxia.com ) clients.

Math 52

Math Assets Investing Investments 52

Random Roger's Retirement Planning

JULY 8, 2023

That is difficult to pull off but if you do the math on that it shows long term outperformance. He makes a good point about not relying solely on math to assess markets and portfolio construction, that the psychology of markets is important too. 75/50 seeks to capture 75% of the upside with only 50% of the downside. I agree with him.

Asset Allocation 62

Asset Allocation Math Portfolio Assets 62

The Big Picture

SEPTEMBER 19, 2023

Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. Two reasons.

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Random Roger's Retirement Planning

AUGUST 17, 2023

In my opinion the diversification benefit hits diminishing returns pretty close to 40 individual holdings based on math if nothing else. I don't think I've ever had a client stock go up that much in less than a year but if I did, it was luck. If a portfolio starts with 40 holdings each with an equal 2.5% I have a yeah but to that.

Numbers 63

Numbers Portfolio Math Portfolio Management 63

Random Roger's Retirement Planning

JULY 27, 2022

For a little context, the typical client not in game over mode has well under 10% in alts for their entire portfolio. I am intrigued by it and have mentioned I am test driving it for inclusion in client portfolios but have not made up my mind. for client and personal holding GLD. for the S&P 500 and 10.6% Simple-complexity.

Portfolio 76

Portfolio Clients Assets Math 76

Steve Sanduski

AUGUST 4, 2022

Simple math says the CAGR of NET NEW ASSETS (i.e., At that point, they focus on maintaining the business and the business grows through a few referrals (who replace distributions and lost clients) and rising markets over time. CAGR of AUM sounds pretty good until you look at how much of that growth was simply due to market growth.

Math 52

Math Portfolio Numbers Distribution 52

Yardley Wealth Management

JULY 20, 2022

The math is the easy part, but James and Pamela have never really had a conversation on what their dream will look like—or even to what extent they both share it. It’s surprisingly common for me to have married clients who have never really had those conversations with each other. So—problem solved, right? Well, actually, no.

Retirement Planning 52

Retirement Planning Budgeting Retirement Wealth Management 52

Random Roger's Retirement Planning

NOVEMBER 19, 2023

I used the example of a tree falling onto one client's house earlier this year. Part of the math that determines options premiums is the risk free rate of return from T-bills. There are some interesting comments on the article though as is often the case. Covered call funds have many favorable attributes.

Retirement 69

Retirement Accounting Math Healthcare 69

Random Roger's Retirement Planning

MARCH 20, 2023

The way the math works, a 67% allocation to NTSX (Portfolio 2 with 33% in the T-bill ETF) equals 100% in Vanguard Balanced Index Fund (VBAIX) which is a proxy for 60/40 and Portfolio 3. I have no interest or intention of using any of the funds mentioned personally or for clients. It is 90% equities and 60 bonds.

Assets 59

Assets Portfolio Math Management 59

Random Roger's Retirement Planning

DECEMBER 10, 2023

As a matter of math, it cannot repeat the run from 8.5% Joe Quinlan from Merrill Lynch believes the "stability" that bonds offer "allow clients to sleep at night." I added 5% in BTAL (client and personal holding) to Portfolio's 1 and 2, taking from the stability sleeve. Barron's also noted that 60/40 was up 9.6% in November.

Portfolio 60

Portfolio Math Assets Retirement 60

Clever Girl Finance

FEBRUARY 12, 2023

For example, you may choose to go out and get your own clients from the start. You can provide bookkeeping services online or offline, and it can be the best side hustle for women who are great at math and business. Your clients can range from local businesses in your area to hundreds of business owners online.

Advertising 66

Advertising Clients Media Electronics 66

The Big Picture

MAY 9, 2024

No audited returns, mathematically improbable claims, and zero accountability But none of these “influencers” sell securities to clients, so they do not fall under the regulatory oversight of the Securities and Exchange Commission (SEC).2 2 Sure, you can claim mainstream media is bad, but social media is worse.

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Media Taxes Math Investing 322

Random Roger's Retirement Planning

MAY 18, 2023

I have a new client, she is 75 and told me she does resistance training among other things. If it is going to happen, it won't be for ten years +/-, plenty of time to factor that into your math. The path to enhancing resiliency and optionality is focusing on health and remaining curious. Anyone can do this.

Retirement 73

Retirement Wealth Advisor Math Medical 73

The Big Picture

FEBRUARY 6, 2024

I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. And ev all the sort of compliance, client service, legal, kind of, everything was done sort of on the side by investment people. So I was at Harvard.

Valuation 130

Valuation Investing Investments Assets 130

Brown Advisory

JANUARY 17, 2024

We are in the rejection business and the statistics are stark as to how we should be very careful whenever investing our clients’ hard-earned dollars. We all know that a 55% hit rate is the top decile across the industry, and the maths above demonstrates why. We believe that avoiding losers is more important than finding big winners.

Investing 52

Investing Investments Portfolio Compliance 52

Brown Advisory

MAY 31, 2018

STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. China’s proactive steps are particularly notable at a time when U.S.

Startup 52

Startup Math Clients Assets 52

Brown Advisory

MAY 31, 2018

STEM (science, technology, engineering and math) funding is steadily declining—a dynamic that potentially opens the door for China to gain ground on the AI innovation front. China’s proactive steps are particularly notable at a time when U.S.

Startup 52

Startup Math Clients Assets 52

Random Roger's Retirement Planning

FEBRUARY 8, 2023

The way the math works, a 67% allocation to NTSX replicates 100% into a 60/40 portfolio which leaves 33% left over to do something. I have no interest or intention of using any of the funds mentioned personally for for clients. The WisdomTree US Efficient Core Fund (NTSX) is an easy example for understanding the concept.

Portfolio 40

Portfolio Math Management Investing 40

Clever Girl Finance

AUGUST 19, 2022

If you have analytical and math skills, you can put them to good use here. However, the exact amount you can make will depend on how many clients you have and your unique accountancy skill-set. You can find your own clients or get a remote job on Remote.co. per hour when they get design clients.

Accounting 69

Accounting Math Clients Advertising 69

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

Math 130

Math Management Insurance Assets 130

Clever Girl Finance

JUNE 21, 2023

You typically can’t start making money as a blogger or freelancer overnight since it’ll take time to grow your readership or gain clients. If you find enough clients, you can even turn it into a full-time business to earn a full-time income! For help finding clients, try signing up for an account with Rover or Wag.

Food 52

Food Retail Accounting Clients 52

Sara Grillo

MAY 8, 2023

Listen to this if you are a financial advisors or consumer who wants to see through the crap and make better decisions about whether IUL is good for you (or your client) or NOT. We have seen scenarios where clients go into it expecting to earn 6-8% and the policy earns 3-4%. For those of you who are new to my blog, my name is Sara.

Insurance 59

Insurance Clients Financial Advisor Accounting 59

Random Roger's Retirement Planning

JULY 15, 2022

BTAL is of course a client and personal holding, it goes long low volatility stocks and short high volatility stocks. The math shows the NTSX/ARBIX/BTAL combo would be down 14.7% There's a little more work related to the convertibility price in running that strategy. If NTSX was up 32%, VBAIX would have been up 21.8%

Portfolio 47

Portfolio Math Numbers Marketing 47