Nerd's Eye View

JANUARY 25, 2024

Few service industries have as much potential to impact lives as financial advice, and it's that very ability for financial advicers to help their clients achieve positive outcomes that can often compound for decades and beyond that make the profession deeply satisfying for so many. It's no wonder, then, that the profession attracts individuals who are highly service-minded and enjoy helping others.

Financial Advice 188

Financial Advice Clients Financial Planning Numbers 188

Abnormal Returns

JANUARY 25, 2024

Markets Lithium prices are down some 80% from their peak. (semafor.com) Momentum is the leading equity factor so far in 2024. (capitalspectator.com) Strategy Why volatility matters. (fortunesandfrictions.com) What investors can learn from the career of Nick Saban. (savantwealth.com) Startups In a tough environment, startups are clamming up. (bloomberg.com) How the market for seed rounds has changed over the past two years.

Startup 144

Startup Financial Advising Media Economy 144

Wealthfront

JANUARY 25, 2024

In planning your investment strategy for 2024 and beyond, there are wise principles to keep in mind: While no one can predict how market prices will move in any particular period, there are time-tested general rules that can put the odds of success squarely in your favor. In this letter we will offer some simple […] The post Burt Malkiel & Alex Michalka’s Insights for Investors in 2024 appeared first on Wealthfront Blog.

Planning 122

Planning Investing Investments Marketing 122

Abnormal Returns

JANUARY 25, 2024

Books An excerpt from "Filterworld: How Algorithms Flattened Culture" by Kyle Chayka. (theguardian.com) An excerpt from "Eat, Poop, Die: How Animals Make Our World" by Joe Roman. (nautil.us) A Q&A with Simon McCarthy-Jones author of "Freethinking: Protecting Freedom of Thought Amidst the New Battle for the Mind." (nautil.us) An excerpt from "Infectious Generosity: The Ultimate Idea Worth Spreading" by Chris Anderson.

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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

Wealth Management

JANUARY 25, 2024

Will Armenta co-founded the "alts-for-advisors" platform with Joe Lonsdale, and advises Lonsdale's $6 billion venture capital fund. He'll be a managing director at Duran's Rise Growth Partners.

Investing 118

Investing Investments Management 118

Wealth Management

JANUARY 25, 2024

Chuck Cooper III, advisor and managing partner at Lee’s Summit, Mo.-based StrongBox Wealth, provides a peek inside the $400 million RIA’s stock picking strategy within its high conviction, conservative growth model portfolio.

Portfolio 107

Portfolio Management 107

Calculated Risk

JANUARY 25, 2024

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report: Weekly Housing Trends View — Data Week Ending January 20, 2024 • Active inventory increased, with for-sale homes 8.6% above year ago levels. Active listings in the past week grew by 8.6% above the previous year, the 11th straight week of annual growth with no sign yet of a slowdown as growth in inventory increased from the previous week’s 7.9% rate.

Sales 104

Sales Numbers Marketing Marketing 104

Wealth Management

JANUARY 25, 2024

In a unique “other side of the table” perspective from a top firm leader, Onur Erzan discusses how a growth mindset transcends AllianceBernstein’s culture.

Financial Advisor 105

Financial Advisor 105

Calculated Risk

JANUARY 25, 2024

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales increase to 664,000 Annual Rate in December Brief excerpt: The Census Bureau reports New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 664 thousand. The previous three months were revised up, combined. The next graph shows new home sales for 2022 and 2023 by month (Seasonally Adjusted Annual Rate).

Sales 102

Sales 102

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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

Wealth Management

JANUARY 25, 2024

Despite the proliferation of minority buyers in the RIA marketplace, the number of minority deals has declined over the last couple years.

Numbers 112

Numbers 112

A Wealth of Common Sense

JANUARY 25, 2024

I was excited to have Jill Schlesinger on this show this week to help me tackle questions about taking care of your parents financially, the best time to invest in the stock market, Roth IRAs for high-income earners, rebalancing your portfolio, owning the world stock market index and how much you should spend on your house. Further Reading: How to Create Your Own Dividends The post Can You Live On Dividends From Your Por.

Portfolio 83

Portfolio Investing Investments Marketing 83

Wealth Management

JANUARY 25, 2024

Prospera Generational Wealth leverages internal and outsourced talent to offer Prospera's wealthiest families a broader range of comprehensive services.

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Advisor Perspectives

JANUARY 25, 2024

The Chicago Fed National Activity Index (CFNAI) dropped to -0.15 in December from +0.01 in November. All four broad categories of indicators used to construct the index decreased from November and three categories made negative contributions in December. The index's three-month moving average, CFNAI-MA3, fell to -0.28 in December from -0.24 in November.

Economics 69

Economics 69

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

JANUARY 25, 2024

Macro strategist David Ader shares his insights regarding the reality of deficits, the end of quantitative easing, the yield curve and more.

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The Irrelevant Investor

JANUARY 25, 2024

Today’s Compound and Friends is brought to you by Kraneshares: See here for Kraneshares latest 2024 outlooks on China, the carbon market, and managed futures. On today’s show, we discuss: Gen Z has a new name for Manhattan The latest terrible news for the stock market: The Economy is booming again Listen here: Charts: Recommendations: Dumb Money Downfall: The Case Against Boeing No Worries: Ho.

Economy 65

Economy Management Marketing Marketing 65

Wealth Management

JANUARY 25, 2024

US fund clients withdrew a net $5.1 billion in the final three months of 2023, according to a fresh analysis by Morningstar Inc.

Clients 102

Clients 102

Advisor Perspectives

JANUARY 25, 2024

The advance estimate for Q4 GDP came in at 3.28%, a deceleration from 4.86% for the Q3 final estimate. With a per-capita adjustment, the headline number is lower at 2.68%, a decrease from 4.26% for the Q3 headline number.

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Numbers 64

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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

Wealth Management

JANUARY 25, 2024

Bitcoin has whipsawed investors since the ETF launch, fluctuating as much as 12% in the first 24 hours or so around the initial trading of the funds.

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Advisor Perspectives

JANUARY 25, 2024

The December release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 664,000 units. New home sales were up 8.0% month-over-month from a revised rate of 615,000 in November and up 4.4% from one year ago. The median home price is now at $413,200, down 2.9% from November after adjusting for inflation.

Sales 64

Sales 64

Wealth Management

JANUARY 25, 2024

Patriotic millionaires want the wealthy to be taxed more. But there are better ways to give money to the state.

Taxes 98

Taxes 98

Advisor Perspectives

JANUARY 25, 2024

In the week ending January 20, initial jobless claims were at a seasonally adjusted level of 214,000, an increase of 25,000 from the previous week's revised figure. The latest reading is higher than the forecast of 200,000.

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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

Calculated Risk

JANUARY 25, 2024

From the BEA: Gross Domestic Product, Fourth Quarter and Year 2023 (Advance Estimate) Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the fourth quarter of 2023 , according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent. The increase in real GDP reflected increases in consumer spending, exports, state and local government spending, nonresidential fixed investment, federal government spend

Government 61

Government Pharmaceutical Commission Financial Services 61

Advisor Perspectives

JANUARY 25, 2024

New orders for manufactured durable goods were flat in December, coming in at $295.56B. This is a 0.0% change from the previous month and is less than the expected 1.1% rise. The series is up 4.8% year-over-year (YoY). If we exclude transportation, "core" durable goods were up 0.6% from the previous month and up 2.3% from one year ago.

Transportation 64

Transportation Manufacturing 64

Trade Brains

JANUARY 25, 2024

Inox Wind Ltd : As people become more aware of the importance of sustainable energy sources the demand for renewable energy continues to rise, and with that, the demand for wind turbine manufacturers has increased. Recently, some stocks in this sector have gained the attention of investors. In particular, Inox Wind Ltd. is one such stock that has caught the eye of many.

Marketing 59

Marketing Marketing Manufacturing Commission 59

Advisor Perspectives

JANUARY 25, 2024

Real gross domestic product increased at an annual rate of 3.3% in Q4 2023, according to the advance estimate. The latest estimate is higher than the forecasted 2.0% growth but is a slowdown from the Q3 2023 GDP final estimate of 4.9%.

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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

Trade Brains

JANUARY 25, 2024

Fundamental Analysis of CG Power : Electricity consumption has risen since the Industrial Revolution and is expected to rise further as the population, income, and economy grow. Engineering or capital goods aid in the establishment or production of goods on a large scale and the company we will look at is primarily involved in the production of electrical equipment.

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Planning Manufacturing Engineering B2B 59

Advisor Perspectives

JANUARY 25, 2024

Real gross domestic product (GDP) is comprised of four major subcomponents. In the Q4 GDP final estimate, all four components made positive contributions.

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Calculated Risk

JANUARY 25, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Personal Income and Outlays for December. The consensus is for a 0.3% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.2%. PCE prices are expected to be up 2.6% YoY, and core PCE prices up 3.0% YoY. • At 10:00 AM, Pending Home Sales Index for December.

Sales 58

Sales 58