article thumbnail

Heavy Weights: The Real Story Behind Current Market Concentration

Financial Symmetry

This means that the expansion of valuation multiples, like price-to-earnings (P/E), has played a big role.2 For current valuations to be justified for the Mag 7 and large growth stocks more broadly, very large earnings growth will have to continue. Pay attention to valuations. 2 Figure 4 demonstrates. Source: Morningstar.

article thumbnail

The Power of the Midyear Gut Check

Wealth Management

For more information, visit: [link] See more from Louis Diamond You May Also Like Celebrating outstanding achievement in support of financial advisor success View the FInalists View the FInalists Latest news The Diamond Podcast for Financial Advisors Dave Mullens Growth Strategies The Diamond Podcast for Financial Advisors: What It Takes to Become (..)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Gen 2 Advisors Are a Flight Risk

Wealth Management

Alex Ortolani , Senior Reporter , WealthManagement.com July 18, 2025 10 Min Read The struggle is real. huafires/Creatas Video+/Getty Images Plus Will Brennan has experienced two sides of the advisor succession challenge in his young career.

article thumbnail

$2.2B Resonant Capital Merges with Tax, Accounting Firm QBCo

Wealth Management

QBCo, founded in 2016 by Tony Berndt, Kathy Rotta and John Himmelspach, specializes in tax compliance, succession planning and private business valuations. In that time, it has grown to 22 employees, 539 clients and $2.2 billion in discretionary and non-discretionary assets.

article thumbnail

Transcript: Velina Peneva, Swiss Re Chief Investment Officer

The Big Picture

You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. So of course, what the Fed will do impacts markets, impacts valuations, impacts interest rates. So there’s still a pretty big valuation gap. So of course we follow it.

Investing 144
article thumbnail

Transcript: Jonathan Clements

The Big Picture

You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. I think it’s very hard to say stocks are objectively cheap because all of these valuation metrics have, have become unreliable over the decades as the nature of the stock market has changed.

Investing 144
article thumbnail

401(k) Record Keepers Facing Existential Moment

Wealth Management

trillion and 121 million participant accounts along part of the $37 trillion overall in retirement assets, the pressure is causing many record keepers to dig deep and, for many, reinvent themselves or face exiting the market before their valuations drop even further just as it did for active asset managers years ago.