Cornerstone Financial Advisory

JUNE 27, 2022

Perhaps the most exciting part of his testimony was what he didn’t say, which was a definitive statement on future hikes. Fixed income investments are subject to various risks including changes in interest rates, credit quality, inflation risk, market valuations, prepayments, corporate events, tax ramifications and other factors.

Marketing 52

Marketing Marketing Taxes Education 52

The Big Picture

DECEMBER 6, 2022

And I think that the financial advisors are used, but not as widely used as they are in the U.S. And definitely, their retail market participation is significantly lower than you can see in the U.S. So I was definitely looking for something more entrepreneurial. So that was definitely one of the key drivers.

Clients 154

Clients Investing Investments Management 154

James Hendries

OCTOBER 25, 2022

Technical Definition. First, a recession has an important technical definition that’s different than what many people think. Often that view is a good general approximation but not the technical definition. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from FactSet.

Marketing 52

Marketing Marketing Economics Economy 52

James Hendries

JANUARY 13, 2023

economy to avoid recession, and support above-average valuations. The relationship between inflation and stock valuations is a strong one, as shown in Figure 2 , which meant the market could no longer support price-to-earnings (P/E) ratios over 20 (the same goes for the relationship between interest rates and stock valuations).

Marketing 52

Marketing Marketing Valuation Asset Allocation 52

Bell Investment Advisors

JUNE 29, 2023

My name is Laurent Harrison, Senior Investment Advisor and Financial Planner. I’m not the one who ever will say that the fires have been put out and the problem is definitely behind us. If you look at the valuation range that they’ve traded at in recent history, most of them are at the upper ranges of that.

Marketing 52

Marketing Marketing Banking Numbers 52

James Hendries

JUNE 26, 2023

While the 20% qualifier meets the technical definition of a bull market, there is additional evidence supporting the transition from a bear to bull market. Investment Outlook Stocks have had a strong rally over the past eight months to establish a new bull market. At the same time, the resilience of the U.S.

Marketing 52

Marketing Marketing Asset Allocation Valuation 52

James Hendries

JULY 3, 2023

Investment Conclusion Stocks have celebrated the newly minted bull market, closing out one of the best first halves for the S&P 500 in recent decades, up 15.9%, and a third consecutive quarterly gain over 7%. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from FactSet.

Marketing 52

Marketing Marketing Banking Valuation 52

James Hendries

NOVEMBER 15, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Earnings per share is generally considered to be the single most important variable in determining a share’s price.

Portfolio 52

Portfolio Taxes Government Investment Advisor 52

James Hendries

AUGUST 15, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Earnings per share is generally considered to be the single most important variable in determining a share’s price.

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

James Hendries

OCTOBER 7, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Earnings per share is generally considered to be the single most important variable in determining a share’s price.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

James Hendries

SEPTEMBER 8, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Earnings per share is generally considered to be the single most important variable in determining a share’s price.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

James Hendries

JUNE 20, 2023

It is a financial ratio used for valuation: a higher PE ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower PE ratio. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from FactSet.

Marketing 52

Marketing Marketing Economy Communication 52

James Hendries

JULY 13, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Earnings per share is generally considered to be the single most important variable in determining a share’s price.

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

Brown Advisory

NOVEMBER 12, 2015

You will pay taxes on a Roth conversion at today’s tax rates, but because there are no minimum required distributions from Roth IRAs, you can choose to retain funds invested in a tax-free environment and reduce your AGI in coming years to reduce the impact of the NII tax on future investment income. Conclusion.

Planning 52

Planning Taxes Distribution Medical 52

James Hendries

JANUARY 31, 2023

It is a financial ratio used for valuation: a higher PE ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower PE ratio. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from Bloomberg.

Marketing 52

Marketing Marketing Valuation Insurance 52

James Hendries

JANUARY 26, 2023

Should the Fed pause after a March interest rate hike, the stage may be set for a nice stock market rebound on the back of falling inflation, reasonable valuations, and stable interest rates. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from Bloomberg.

Marketing 52

Marketing Marketing Economy Economics 52

James Hendries

AUGUST 3, 2022

The technical definition of recession is not two consecutive quarters of negative growth as many believe, but rather must include these three ingredients: A significant decline. It is also a major component used to calculate the price-to-earnings valuation ratio. But the risks are undoubtedly rising for next year.

Marketing 98

Marketing Marketing Economy Valuation 98

James Hendries

JANUARY 20, 2023

It is a financial ratio used for valuation: a higher PE ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower PE ratio. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from Bloomberg.

Marketing 52

Marketing Marketing Economy Economics 52

James Hendries

SEPTEMBER 27, 2022

Treasuries, agency mortgages, and investment-grade corporate bonds that comprise the Aggregate index. While both core and core plus funds focus on investment grade (IG) rated bonds, by definition, core bond funds hold less than 5% of net assets in below IG rated bonds (on average, less than 2% over the last 36 months).

Asset Allocation 52

Asset Allocation Marketing Marketing Assets 52

James Hendries

DECEMBER 4, 2022

Retailer valuations have also taken a hit, as the forward (next 12 months) P/E multiple has contracted ~20% year to date, from ~27x to ~22x currently. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from Bloomberg. This research material has been prepared by LPL Financial LLC.

Retail 52

Retail Marketing Marketing Sales 52

Indigo Marketing Agency

OCTOBER 25, 2019

What kind of valuations are you seeing? But definitely, definitely, definitely get the culture right. Claire Akin runs Indigo Marketing Agency, a full-service marketing firm serving financial advisors. It’s her mission to help independent financial advisors help more people through their incredibly important work.

Clients 52

Clients Financial Advisor Planning Numbers 52

SEI

SEPTEMBER 17, 2022

Just switching to the investment advisor segment, you recently hired Gabriel Garcia to lead the company's RIA custody business and strategy. of new assets to offset that revenue stream, so there's definitely price compression. I think it's another area where we have definitely made investments. That's helpful.

Clients 49

Clients Assets Banking Planning 49

Brown Advisory

JULY 1, 2016

One can argue that today’s low interest rates merit even higher valuations, but there’s no disputing that the increase in price/earnings ratios has been an important driver of stocks since the lows of the early 1980s. If inflation were to continue at its recent rate of about 1.5%, the 7% figure would translate into 5.5%

Investing 52

Investing Investments Portfolio Assets 52

Brown Advisory

JULY 1, 2016

One can argue that today’s low interest rates merit even higher valuations, but there’s no disputing that the increase in price/earnings ratios has been an important driver of stocks since the lows of the early 1980s. If inflation were to continue at its recent rate of about 1.5%, the 7% figure would translate into 5.5%

Investing 52

Investing Investments Portfolio Assets 52

James Hendries

JULY 6, 2022

While we acknowledge that a V-shaped recovery is probably not in the cards and prior valuation targets no longer appear achievable, we remain constructive on equities for the second half, but not complacent. Remember stock valuations are inversely correlated to inflation and interest rates. So a P/E over 20 is probably too rich.

Marketing 52

Marketing Marketing Valuation Economy 52