Abnormal Returns

APRIL 26, 2024

The biz Beware the fake podcast invite. (bigtechnology.com) The Apple ($AAPL)-Spotify ($SPOT) battle is just exhausting. (spyglass.org) Economy Barry Ritholtz talks with Bill McBride about which economic data really matters. (ritholtz.com) James Pethokoukis talks economic optimism with Ed Yardeni. (fasterplease.substack.com) Derek Thompson talks with Ravi Agrawal, the editor-in-chief of Foreign Policy magazine, about India under Modi.

Portfolio Management 224

Portfolio Management Economics Assets Management 224

Nerd's Eye View

APRIL 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a. the Fiduciary Rule 2.0), which is set to go into effect in September and (if it survives anticipated legal challenges) would represent a significant shift toward greater fiduciary standards in the financial services industry, including by defining as a fiduciary act a one-time recomm

Financial Planner 215

Financial Planner Commission Financial Advisor Communication 215

The Big Picture

APRIL 26, 2024

This week, we speak with Dr. Ed Yardeni, President of Yardeni Research , a provider of global investment strategies and asset-allocation analyses and recommendations. He previously served as Chief Investment Strategist of Oak Associates, Prudential Equity Group, and Deutsche Bank’s US equities division in New York City. He taught at Columbia University’s Graduate School of Business and was an economist with the Federal Reserve Bank of New York and at the Federal Reserve Board of Governors and t

Asset Allocation 161

Asset Allocation Advertising Engineering Media 161

Calculated Risk

APRIL 26, 2024

The BEA released the Personal Income and Outlays report for March: Personal income increased $122.0 billion (0.5 percent at a monthly rate) in March , according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $104.0 billion (0.5 percent) and personal consumption expenditures (PCE) increased $160.9 billion (0.8 percent).

Food 122

Food Taxes Economics 122

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

A Wealth of Common Sense

APRIL 26, 2024

Here’s the lede from a Bloomberg article about rich people trying to avoid taxes in New York City: At New Jersey’s Teterboro and Long Island’s Islip airports, dozens of private jets destined for Florida take off at times such as 11:42 p.m. or 11:54 p.m. Over at JFK, a regular flight from San Juan, Puerto Rico, arrives at a seemingly purposeful time: about 15 minutes after midnight.

Taxes 118

Taxes 118

Wealth Management

APRIL 26, 2024

As clients become increasingly aware of the complexities of wealth transfer, asset protection and legacy planning, they expect comprehensive guidance from their advisors.

Wealth Management 114

Wealth Management Estate Planning Planning Management 114

Advisor Perspectives

APRIL 26, 2024

The S&P 500 capped off its best week of the year as it rose 2.67% from last Friday. The weekly gain ends the index's streak of three straight weekly losses. The index is currently up 7.53% year to date and now sits 2.94% below its record close from March 28, 2024.

105

105

Wealth Management

APRIL 26, 2024

Advisor Eric Franklin explains why the $39 million AUM firm switched from Wealthbox to Advyzon to centralize operations and why they may soon switch back.

113

113

Walkner Condon Financial Advisors

APRIL 26, 2024

Whether you are engaged or have recently married, developing a plan to combine finances with your partner can significantly reduce finance-related stress down the road by promoting transparency and simplicity in your relationship. According to a 2021 survey conducted by Ramsey Solutions , 41 percent of married couples said that they fight about finances.

Accounting 103

Accounting Financial Advisor Retirement Budgeting 103

Advertisement

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Banking

Alpha Architect

APRIL 26, 2024

Hibbert, Kang, Kumar and Mishra provided us with yet another explanation: social media is providing analysts with information that reduces their forecasting errors. The result has been an increase in market efficiency, leading to a reduction in the PEAD anomaly. The bottom line is that the ability to generate alpha continues to be under assault—trying to outperform the market by stock selection is becoming even more of a loser’s game.

Media 101

Media Marketing Marketing 101

Wealth Management

APRIL 26, 2024

Democracy Investment's CEO and CIO discuss how Democracy International Fund came about and the international investment landscape.

Investing 109

Investing Investments 109

Random Roger's Retirement Planning

APRIL 26, 2024

Blending together assets/strategies with different attributes, correlations and expected behaviors plays a huge role in how I construct portfolios. This is something I've been doing and writing about for ages. The blending, when done effectively, can help smooth out the ride for clients which is a high priority for me. Forget that though. What if all someone cared about was beating the market, regardless of the volatility, regardless of the occasional, painful drawdown?

Marketing 75

Marketing Marketing Portfolio Management 75

Advisor Perspectives

APRIL 26, 2024

The BEA's Personal Income and Outlays report revealed inflation rose more than expected in March. Core PCE, the Fed's favored measure of inflation, was up 0.3% from February and was flat at 2.8% year-over-year. Inflation was expected to increase 0.3% month-over-month and cool to 2.6% year-over-year.

72

72

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Financial Advice

Wealth Management

APRIL 26, 2024

The Magnificent 7 stocks dominate on social media, according to one reckoning.

Media 107

Media 107

Advisor Perspectives

APRIL 26, 2024

With the release of March's report on personal incomes and outlays, we can now take a closer look at "real" disposable personal income per capita. At two decimal places, the nominal 0.47% month-over-month change in disposable income comes to 0.15% when we adjust for inflation. The year-over-year metrics are 3.58% nominal and 0.85% real.

72

72

Wealth Management

APRIL 26, 2024

These funds lost the most money over the last 30 days.

107

107

Advisor Perspectives

APRIL 26, 2024

The multi-trillion-dollar ESG fund industry faces a regulatory problem. By the end of 2025, funds with net assets of $1 billion or more must comply with the amendments to SEC Rule 35d-1, better known as the “names rule.” It requires funds with names that include ESG terms have at least 80% of the fund invested in assets that aligned with those terms.

Manufacturing 69

Manufacturing Assets Investing Investments 69

Advertisement

Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.

Banking

Meb Faber Research

APRIL 26, 2024

Guest: Catherine LeGraw is a member of GMO’s Asset Allocation Team. Recorded: 4/18/2024 | Run-Time: 45:15 Summary: In today’s episode, Catherine explains why this is “the best relative asset allocation opportunity we’ve seen in 35 years,” and “we are building portfolios with some of the highest forecasted relative and absolute returns we’ve ever seen.” She […] The post Episode #530: GMO’s Catherine LeGraw – Capitalizing on Global Asset Allocation in 2024 appe

Asset Allocation 56

Asset Allocation Assets Portfolio Investing 56

Advisor Perspectives

APRIL 26, 2024

In the competitive landscape of the investment advisory industry, retaining top talent is essential for the long-term success and growth of investment advisory firms. To incentivize and reward key employees, investment advisors often turn to equity compensation tools.

Investment Advisor 64

Investment Advisor Investing Investments 64

MainStreet Financial Planning

APRIL 26, 2024

As summer approaches, I know many of you are planning trips, so I want to share four “secrets” I use to help make your vacation planning a little easier. These may seem basic but in the last few years, I have saved hundreds of dollars and hours of my life! Travel credit cards – If you don’t have one already, travel credit cards are a great way to save hundreds of dollars on your next vacation.

Commission 52

Commission Planning Financial Planning 52

Advisor Perspectives

APRIL 26, 2024

The dust had barely settled after Silicon Valley Bank’s collapse last year when savvy investors began lining up for a big payout, based on a hastily written government press release.

Government 64

Government Banking 64

Advertisement

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

Accounting

Sara Grillo

APRIL 26, 2024

In this blog I provide a quick take on whether or not it makes sense to try to get a job at a big investment firm after you graduate from college, or if it’s better to work at a smaller firm. The advantages of working at a big investment firm There are certain advantages to working at a big firm right after college. It will probably provide you with a more reputable name on your resume, and that’s a great asset in terms of providing credibility right away.

Investing 52

Investing Investments Portfolio Management Consulting 52

Advisor Perspectives

APRIL 26, 2024

Personal income ( excluding transfer receipts ) rose 0.6% in March and is up 5.0% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.2% month-over-month and 2.3% year-over-year.

64

64

Sara Grillo

APRIL 26, 2024

Why don’t clients listen? Make them hang on every word you say by following these steps. Clients can be so stubborn! From a subscriber : “I have this one stubborn client who never does anything I say. I’m ready to throw in the towel.” I have four children under 10 years old (= chaos, btw). I find myself saying things like this: “If all four of you jump on Daddy’s back at the same time like that, he is going to wind up in the emergency room.” But nobody ever l

Clients 52

Clients Risk Tolerance Financial Advisor Financial Planning 52

Advisor Perspectives

APRIL 26, 2024

Consumer sentiment continued to plateau in April according to the final report for the Michigan Consumer Sentiment Index. The index fell 2.2 points (-2.8%) to 77.2 from the March final. The latest reading was below the forecast of 77.8.

64

64

Advertisement

Creating a winning digital lending experience requires plenty of focus on the needs of customers and more. Biz2X Chief Product Officer Aaron Traub covers everything from how to create such an experience, areas to hone in on, pitfalls to avoid, and plenty more in this insightful article. Discover how to utilize new technology without alienating existing customers, what to emphasize when working on your platform, and how to utilize the data at your disposal while not becoming overly reliant on it.

Communication

oXYGen Financial

APRIL 26, 2024

![CDATA[ How do I get a business credit card? Getting a good business credit card can be a valuable asset for any entrepreneur or small business owner. Not only does it allow you to separate business and personal expenses, but it can also help build your company's credit history and provide rewards and perks. However, getting approved for a business credit card is different from getting a.

Assets 40

Assets 40

Advisor Perspectives

APRIL 26, 2024

The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of April 12th, the index was at 21.834, down 0.238 from the previous week, with 4 of the 6 components in expansion territory.

Economics 59

Economics Economy 59

Inside Information

APRIL 26, 2024

I’m in the early stages of writing a book about my experiences over 40+ years in the financial planning profession (is anybody going to want to read it?). And I’m discovering, somewhat to my surprise, how many times I’ve been right in the middle of pivotal points in the profession’s evolution. But one of the themes that I’ve been running into over and over again in my reminiscences and storytelling is how often different members of the advisor ecosystem used misinformation (sometimes called lies

Fee Only 40

Fee Only Professional Services Clients Compliance 40