Nerd's Eye View

JANUARY 12, 2023

As comprehensive financial planning has become more widely adopted, many financial advisors have felt pressure to find new ways to differentiate themselves by demonstrating their unique value to clients. And while providing fee-only advice or highlighting service as a fiduciary may have once been a fair differentiator, these services are now often considered table stakes, necessitating financial advisors to find more creative solutions that show current and prospective clients that they provide

Clients 184

Clients Communication Fee Only Financial Advisor 184

Abnormal Returns

JANUARY 12, 2023

Strategy Why you likely won't identify the next financial fraud ahead of time. (capitalallocators.com) Bitcoin is still trading like a high beta asset. (allstarcharts.com) Companies Nelson Peltz has a bone to pick with Bob Iger and Disney ($DIS). (wsj.com) Swearing is on the rise in corporate earnings calls. (ft.com) Microsoft Why everyone is keeping an eye on Microsoft ($MSFT) and OpenAI.

Startup 130

Startup Financial Advising Insurance Media 130

Calculated Risk

JANUARY 12, 2023

The Cleveland Fed released the median CPI and the trimmed-mean CPI: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.4% in December. The 16% trimmed-mean Consumer Price Index increased 0.4% in December. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report".

Food 145

Food Banking Accounting 145

Abnormal Returns

JANUARY 12, 2023

Excerpts An excerpt from “Attention Span: A Groundbreaking Way to Restore Balance, Happiness and Productivity” by Gloria Mark. (wsj.com) A Q&A with Lauren Fleshman author of "Good for a Girl: A Woman Running in a Man's World." (npr.org) Longreads How the Big Five technology firms are poised to integrate AI tools. (stratechery.com) The Winkeloss twins bet on crypto.

Startup 130

Startup Investing Investments 130

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Accounting

Calculated Risk

JANUARY 12, 2023

The DOL reported : In the week ending January 7, the advance figure for seasonally adjusted initial claims was 205,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 204,000 to 206,000. The 4-week moving average was 212,500, a decrease of 1,750 from the previous week's revised average.

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Calculated Risk

JANUARY 12, 2023

From the BLS : The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.5 percent before seasonal adjustment. The index for gasoline was by far the largest contributor to the monthly all items decrease, more than offsetting increases in shelter indexes.

Food 127

Food Insurance 127

Wealth Management

JANUARY 12, 2023

Morningstar looks at the current REIT value proposition for investors in commercial real estate. GlobeSt.com talks about which two signals investors should focus on this year. These are among today’s must reads from around the commercial real estate industry.

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Calculated Risk

JANUARY 12, 2023

Today, in the Calculated Risk Real Estate Newsletter: Current State of the Housing Market; Overview for mid-January A brief excerpt: And here is a graph comparing the YoY change in the NAR median prices vs the Case-Shiller National Index (the median is distorted by the mix of homes sold, and also lagged since this is for closing prices). The YoY change in the median price peaked at 25.2% in May 2021 and has now slowed to 3.5%.

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Marketing Marketing Sales 102

Wealth Management

JANUARY 12, 2023

Exclusive WMRE research details how sentiment on office real estate has shifted as a result of uncertainty on the long-term outlooks for the sector.

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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

Advisor Perspectives

JANUARY 12, 2023

Note : This commentary has been updated with the latest numbers from the latest Employment Report for December. Consider: Today nearly one in three of the 65-69 cohort and one in five of the 70-74 cohort are in the labor force.

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Numbers 98

Wealth Management

JANUARY 12, 2023

A sale could attract private-equity firms and value the closely held business at more than $10 billion, Bloomberg News reported Wednesday, though the plans are still in an early stage.

Sales 105

Sales Planning 105

A Wealth of Common Sense

JANUARY 12, 2023

A reader asks: Should most investors reinvest their dividends – why or why not? My initial thought is while still accumulating assets yes, but when withdrawing in retirement take the dividends in cash. I have read stats that say a large percentage of compound returns come from reinventing dividends so seems like a good move and another way to dollar cost average on a smaller scale but maybe I’m missing something.

Marketing 94

Marketing Marketing Retirement Assets 94

Wealth Management

JANUARY 12, 2023

An annual digest of 2022 commentary for financial advisors and business owners on topics including achieving autonomy, considering change, serving clients’ needs, succession, next gen, growth and more.

Financial Advisor 93

Financial Advisor Clients 93

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

Advisor Perspectives

JANUARY 12, 2023

This morning's seasonally adjusted 205K new claims, down 1k from the previous week's revised figure, came in below the Investing.com forecast of 215K.

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Wealth Management

JANUARY 12, 2023

Techniques to help minimize estate tax liability for the merely rich, without the cutting-edge strategies often used by the ultra-wealthy.

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Clients Taxes 104

Calculated Risk

JANUARY 12, 2023

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2023. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on this blog). I'm adding some thoughts, and maybe some predictions for each question. 2) Employment: The economy added 4.5 million jobs in 2022.

Economy 93

Economy Economics Sales Numbers 93

Wealth Management

JANUARY 12, 2023

The acquisition of $100 million AUM Sommers Financial Management continues Wealthcare's burgeoning inorganic growth strategy.

Management 103

Management 103

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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

Million Dollar Round Table (MDRT)

JANUARY 12, 2023

By Matt Pais, MDRT Content Specialist With no shortage of work to be done, it can be difficult to find time for life outside the office. Jonathan M. Owens, CFP, AIF , a 12-year MDRT member from Clackamas, Oregon, sets numerous boundaries to make sure that doesn’t happen. He doesn’t work before 8:30 a.m., and the reason is that he goes to the gym every morning.

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CFP 82

Wealth Management

JANUARY 12, 2023

Truly transformational change takes more than adjustments to soft factors like your corporate culture or leadership style.

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Management 102

Advisor Perspectives

JANUARY 12, 2023

The Bureau of Labor Statistics released the December Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 6.45%, down from 7.11% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 5.71%, down from 5.96% the previous month.

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Food 64

Wealth Management

JANUARY 12, 2023

Underfunding the Internal Revenue Service allows scofflaws to go unpunished and will only increase the US budget deficit.

Budgeting 93

Budgeting 93

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Management

Validea

JANUARY 12, 2023

By Jack Forehand, CFA, CFP® ( @practicalquant ) —. Many investors tend to have a style that they gravitate toward because it makes the most intuitive sense to them. And when it comes to building their portfolios, they tend to focus on that style. For me, that style is value. It just makes sense to me to try to pay less for a dollar of earnings or cash flow.

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Investing Investments Portfolio CFP 59

Wealth Management

JANUARY 12, 2023

If regulators are really worried about an epidemic of gambling in the stock market, they need to look in the right place.

Investing 91

Investing Investments Marketing Marketing 91

Advisor Perspectives

JANUARY 12, 2023

Since we gave up on the idea that high inflation would be transitory, the hope has been that we would manage a soft landing: Inflation would melt back to 2% without doing too much harm to the labor market or economic growth.

Economy 59

Economy Economics Management Marketing 59

Wealth Management

JANUARY 12, 2023

Lessen raised $500 million in equity and debt to help finance the deal, valuing the firm at more than $2 billion. Monroe Capital and Invitation Homes Inc. were among investors participating in the funding.

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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

Norman Marks

JANUARY 12, 2023

While there may be a debate whether risk should be assessed using qualitative or quantitative measures, I believe that is answering the wrong question. Knowing what the level of risk is, even whether it is an unacceptable level of risk, is insufficient information. It doesn’t answer the questions of: Should I take the risk? How […].

Compliance 60

Compliance Government 60

Wealth Management

JANUARY 12, 2023

Available options for the beneficiary.

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NAIFA Advisor Today

JANUARY 12, 2023

The NAIFA Foundation for Financial Security is pleased to announce that Gregory Jean Baptiste and Brooke Bastiaans-Brooks are recipients of the inaugural NAIFA Foundation Diversity Scholarship. Jean Baptiste holds a bachelor’s degree in business management with an emphasis in finance from Brigham Young University-Idaho and is currently pursuing a master’s degree in financial planning and analytics at Utah Valley University.

Financial Planning 52

Financial Planning Planning Management 52