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Why Gen 2 Advisors Are a Flight Risk

Wealth Management

According to a recent survey commissioned by Kestra Financial and Bluespring Wealth Partners, less than half (41%) of first-generation advisors have transferred equity to successors, and just 6% of those planning to retire within 10 years have a fully documented succession plan. Resonant Capital Merges with Tax, Accounting Firm QBCo $2.2B

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Heavy Weights: The Real Story Behind Current Market Concentration

Financial Symmetry

companies from the IT, consumer discretionary, and communication sectors: Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA and Tesla. This means that the expansion of valuation multiples, like price-to-earnings (P/E), has played a big role.2 Pay attention to valuations. Magnificent 7 : Refers to seven, large U.S.

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Market Opening Bell: Sensex opens at 82,193; Nifty at 25,108 – HAL, Mahindra & Mahindra in focus today

Trade Brains

High valuations and weaker-than-expected earnings, particularly from the IT sector, are delaying market recovery. Delhivery: Received Competition Commission of India approval for acquiring Ecom Express. One 97 Communications (Paytm): Incorporated a new step-down subsidiary in Saudi Arabia under the Paytm brand.

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Transcript: Jim O’Shaughnessy on Infinite Wisdom

The Big Picture

Valuations tended to crash and burn very, very cheap valuations tended to do well. But with me, it’s always more like I’m fascinated by the thought or the message that’s being communicated. Right, right. Very, very high. But of course, you know, Barry, I was 16, 17 much more interested in girls.

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Transcript: Sander Gerber, CEO and CIO Hudson Bay Capital

The Big Picture

Wall Street tries to make things more complicated because it has to justify the, the sales commission and if, but things really are not so complicated. If the s and p moves by 10 basis points, it doesn’t communicate to you how the s and p affects other things. If it’s simple, well, I think I could do that much.

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Weekend Reading For Financial Planners (May 11-12)

Nerd's Eye View

billion (thanks to expected reductions in commissions and the embedded costs in these annuities). could save retirement plan participants $55 billion over the next 10 years (due to an expectation of more low-cost fees being offered in plans) and those rolling over workplace plans into IRAs to purchase annuities another $32.5

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How financial advisors should approach succession planning

Nationwide Financial

Succession planning is much more than just the act of selling your practice; there are many items to consider when planning the successful transition of your firm, like finding the right successor, client/relationship communications, receiving the proper value, and reducing taxes on the sale of your firm. Obtain a Valuation.