The Big Picture

OCTOBER 18, 2022

At the beginning of each quarter, I prepare a short but in-depth conference call for RWM clients. The team & I put together the most revealing and informative slides. In that half hour, I blow through ~40 slides that capture and explain what is going on. About a quarter of the October 2022 slides were focused on real estate. This is atypical. The reason we emphasized real estate this Q is that housing is very often where we see FOMC policy having its most immediate effect.

Budgeting 363

Budgeting Economy Taxes Economics 363

Abnormal Returns

OCTOBER 18, 2022

Research Are index funds to blame for the lack of investment in oil and gas production? (ft.com) On the relationship between asset growth and lottery stock status. (alphaarchitect.com) The problem with growth: persistence is fleeting. (mailchi.mp) Why companies see a jump in their stock price when they hire a black CEO. (wapo.st) Is democracy good for the stock market?

Assets 221

Assets Investing Investments Marketing 221

The Reformed Broker

OCTOBER 18, 2022

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ?Earnings Season – It has begun. ?Midterms – “The S&P 500 has historically posted strong returns following a Midterm election on average.” ?

Investing 130

Investing Investments Marketing Marketing 130

Abnormal Returns

OCTOBER 18, 2022

Markets A sizable chunk of the companies that went public from 2019-21 are trading below their IPO price. (on.ft.com) A visualization of the largest public companies by market cap from 2002-2022. (visualcapitalist.com) Companies Combining News ($NWS) and Fox ($FOX) is about Rupert Murdoch, not shareholder value. (variety.com) Attrition costs Amazon ($AMZN) a pretty penny ever year.

Startup 130

Startup Recruitment Financial Advising Media 130

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Accounting

Nerd's Eye View

OCTOBER 18, 2022

Welcome back to the 303rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Louis van der Merwe. Louis is the Director of WealthUp, an independent advice practice based in Cape Town, South Africa, that oversees the U.S. equivalent of nearly $60 million in assets under management for 115 client households. What's unique about Louis, though, is how he and his partner (in anticipation of a shift in the financial advisory industry to more automated client services nea

Financial Planning 130

Financial Planning Planning Management Investing 130

Calculated Risk

OCTOBER 18, 2022

From the Fed: Industrial Production and Capacity Utilization Industrial production increased 0.4 percent in September and 2.9 percent at an annual rate in the third quarter. In September, manufacturing output rose 0.4 percent after advancing a similar amount in the previous month. The index for mining moved up 0.6 percent, and the index for utilities fell 0.3 percent.

Manufacturing 145

Manufacturing 145

A Wealth of Common Sense

OCTOBER 18, 2022

Bear markets are never any fun to live through but every stock market correction in history has been an opportunity if you’re able to zoom out a little bit. But how you view the short-term risks involved in big market declines should be colored by where you reside in your investor lifecycle. With that in mind, I wrote a new piece at Fortune that looks at the present opportunity set through the lens of each generatio.

Marketing 130

Marketing Marketing 130

Wealth Management

OCTOBER 18, 2022

Once a niche play, DSTs have drawn the interest of institutional-grade sponsors to offer as an option to retail investors managing their real estate plays.

Retail 130

Retail Investing Investments Management 130

The Irrelevant Investor

OCTOBER 18, 2022

Today’s Animal Spirits is brought to you by Nasdaq and Composer: See here for daily news and insights from Nasdaq. See here for more info on Composers’ new one-click, systematically managed portfolio On today’s show we discuss: Fun stats from Nick Colas Distribution of household wealth in the US since 1989 Yardeni on S&P profit margins Plans for a 24-story tower in Grand Rapids canceled Rich.

Distribution 114

Distribution Portfolio Planning Management 114

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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

OCTOBER 18, 2022

The city of Chicago owns some 10,000 vacant lots, with a large concentration in economically-challenged neighborhoods that have experienced decades of underinvestment. Selling them could help reduce overall crime. It could also boost affordable housing development.

Sales 117

Sales Planning Economics 117

Validea

OCTOBER 18, 2022

An animated video created by Visual Capitalist displays what Warren Buffett and his holding company Berkshire Hathaway have invested in since 1994, based on research from the last three decades of the Berkshire’s financial reports. Quick Links Validea Special Discount Offer Top Value Stocks in Today’s Market Screen for Stocks Using Peter Lynch’s GARP Method.

Investing 111

Investing Investments Banking Portfolio 111

Wealth Management

OCTOBER 18, 2022

The sale at Albertsons, which is being purchased by Kroger, have gone up by 8.5 percent in its most recent reporting quarter, according to The Wall Street Journal. The Treasury Department is asking insurers for data on climate risks for properties across the country, reports The New York Times. These are among today’s must reads from around the commercial real estate industry.

Insurance 109

Insurance Sales 109

Validea

OCTOBER 18, 2022

In a year when roughly 416 stocks have declined, most investors will likely have something to sell when tax season rolls around, contends an article in Barron’s. And while tax season is still half a year away, it’s a good time to start considering options for what’s known as “tax-loss selling”—offloading a stock at a loss in order to offset gains somewhere else in your portfolio.

Taxes 105

Taxes Healthcare Retail Banking 105

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

OCTOBER 18, 2022

One of the most important roles for your business is the sales manager. An air-tight sales infrastructure empowers financial advisory firms to grow.

Sales 116

Sales Management 116

Nationwide Financial

OCTOBER 18, 2022

Key Takeaways. As college costs rise, qualified tuition plans, or 529 college savings plans, can be an option for clients to save for their child or grandchild’s (or even their own!) future. These accounts can help your clients’ beneficiaries save for college and the funds can be used for various expenses relating to K-12 and higher education. There are two types of 529 plans—each with its own advantages.

Clients 98

Clients Planning Education Taxes 98

Wealth Management

OCTOBER 18, 2022

As a whole, few companies are really all that interesting. It’s not about growth or value, it’s about trying to identify the small number of companies that have the potential to be truly world-beating.

Investing 104

Investing Investments Numbers 104

Mullooly Asset Management

OCTOBER 18, 2022

All personal finance revolves around being able to manage your cash flow. You have to make more than you spend. Then you have to figure out the “right” things to do with that surplus. The “right” thing for you might be different than the “right” thing for someone else. That’s why they call it personal […].

Management 98

Management 98

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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

OCTOBER 18, 2022

The commission charged the estate of Stephen Romney Swensen, arguing it continues to benefit from an alleged Ponzi scheme that stole from more than 50 investors and raised over $29 million before Swensen's death in June.

Commission 100

Commission 100

Million Dollar Round Table (MDRT)

OCTOBER 18, 2022

By Kennedy Sumarlie, CFP Many people, thinking it’s easier than cold calling, begin their insurance career prospecting with the people closest to them. But does it work that way in reality? In the beginning of my career, I didn’t know this profession is full of rejection. And at that time, I happened to move to a new city by myself far from my family.

CFP 89

CFP Communication Insurance Clients 89

Wealth Management

OCTOBER 18, 2022

Bank of America’s wealth unit posted record profits, financial planning revenue and bank loans, even as the markets tumble.

Marketing 109

Marketing Marketing Financial Planning Banking 109

Leading Advisor

OCTOBER 18, 2022

Over the past two to three years, there is no doubt you’ve been through a tremendous amount of change. The pandemic transformed the way we… The post The New World Economic Disorder: Change vs Transition appeared first on Leading Advisor - Simon Reilly.

Economics 75

Economics Financial Advisor 75

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Accounting

Wealth Management

OCTOBER 18, 2022

The unit is likely to draw interest from other asset managers and private equity firms.

Assets 105

Assets Management Sales 105

Sara Grillo

OCTOBER 18, 2022

Pursuing entrepreneurship may seem daunting when you’re living with a disability and busy raising a family, but there are lots of tools and resources to help you achieve your goal of starting a small business. Online formation services, for instance, can be used to launch a limited liability company, corporation, or partnership from home. Other tools make it easy to write business plans, digitize important formation documents, create logo designs and websites, and tackle other essential tasks.

Financial Planner 59

Financial Planner Business Planning Electronics Planning 59

Wealth Management

OCTOBER 18, 2022

Executives and senior managers at charities may need to disclose their personal information.

Management 102

Management 102

Validea

OCTOBER 18, 2022

In an interview with Bloomberg Television , the founder of Greenlight Capital David Einhorn said that he’s not sure if value investing will ever be a popular strategy again, because significant structural changes to the market have shut out many value investors. Interviewed at the Robin Hood Investors Conference, Einhorn said that a great deal of value investors have transitioned into passive or quantitative investing, and that market participants have not gotten the same training and experience

Investing 59

Investing Investments Valuation Numbers 59

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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

Wealth Management

OCTOBER 18, 2022

Changes are necessary in coming years, but likely won’t make anyone happy.

104

104

Diamond Consultants

OCTOBER 18, 2022

Firms are making an investment in each advisor who signs on the dotted line. Likewise, financial advisors who accept a recruiting deal are signifying the intent to make good on the firm’s investment. But situations change over time—is there a way out? It’s no secret that the length of time on recruiting deals structured as forgivable notes has extended over recent years as firms look for ways to offer bigger deals while tying up advisors longer.

Recruitment 59

Recruitment Clients Financial Advisor Investing 59

Calculated Risk

OCTOBER 18, 2022

From Matthew Graham at Mortgage News Daily: Fighting For Survival or Accepting Fate For traders who believe the Fed's restrictive policies will eventually drive growth and inflation lower, it's hard to make a case for longer-term yields going much above 4%, even with core inflation over 6%. If you ask traders, the actual outlook for inflation over the next 10 years is close to the Fed's target range. [ 30 year fixed 7.15% ] emphasis added Wednesday: • At 7:00 AM ET, The Mortgage Bankers Associat

Economics 57

Economics Banking 57