Nerd's Eye View

OCTOBER 3, 2023

Welcome back to the 353rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brett Danko. Brett is the Founder of Brett Danko Educational Center, a CFP Board Education and Exam Prep provider, and the CEO and Managing Partner for Main Street Financial Solutions, an independent RIA based in Newtown, Pennsylvania, that oversees almost $2 billion in assets under management for nearly 1,700 client households.

Certified Financial Planner 234

Certified Financial Planner CFP Education Financial Advisor 234

Abnormal Returns

OCTOBER 3, 2023

Rates By this measure, the term premium is now positive. (axios.com) Why bonds are once again a viable investment option. (morningstar.com) Why interest rates have been rising. (advisorperspectives.com) Stock market The stock market is a complicated place. (theirrelevantinvestor.com) You are unlikely to predict what might bring the stock down in the future.

Startup 177

Startup Financial Advising Media Retail 177

The Reformed Broker

OCTOBER 3, 2023

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: ►Rising Rates Hurt – “Investors fear unsustainably high interest rates will spark bank-loan defaults” ►Utilities Crash – Utilities are underperforming the S&P 500 32% YTD.

Banking 152

Banking Investing Investments Marketing 152

Abnormal Returns

OCTOBER 3, 2023

Behavior Why the pace of underperformance affects decision making. (klementoninvesting.substack.com) Investor expectations overshoot. (papers.ssrn.com) Operations How return stacking works. (returnstacked.com) How to box spreads work? The story behind the Alpha Architect 1-3 Month Box ETF ($BOXX). (moontowermeta.com) Research Has the introduction of ETFs been a net boon for investors?

Assets 144

Assets 144

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

The Reformed Broker

OCTOBER 3, 2023

Interest rates are rising because economic growth is better than expected, says Cerity’s Lebenthal from CNBC Final Trades: Starbucks, Cisco & more from CNBC

Economics 152

Economics 152

Wealth Management

OCTOBER 3, 2023

Justin Maher agreed to a 12-month suspension for not informing Northwestern Mutual of his involvement in co-founding a crypto asset eventually promoted by Kim Kardashian, Paul Pierce, Floyd Mayweather Jr. and other celebrities.

Assets 117

Assets 117

Calculated Risk

OCTOBER 3, 2023

Wards Auto released their estimate of light vehicle sales for September: September U.S. Light-Vehicles Sales Bounce Back Despite Gloomy Conditions (pay site). Hard to say exactly how much but sales could have been slightly stronger in September if not for some lost inventory caused by production cuts related to plant shutdowns from UAW strikes at Ford, General Motors and Stellantis.

Sales 130

Sales Marketing Marketing 130

Wealth Management

OCTOBER 3, 2023

U.S. life insurers are likely to avoid fallout from their exposure to the commercial real estate sector, according to a new Fitch Ratings report. Investor requests for withdrawals from Blackstone Real Estate Income Trust have slowed down in recent months, reported Bloomberg. These are among today’s must reads from around the commercial real estate industry.

Insurance 114

Insurance 114

A Wealth of Common Sense

OCTOBER 3, 2023

Over the past few months, there has been a swift re-rating in longer-term bond yields. The 10 year treasury is now yielding around 4.8%, up from a low of 3.3% as recently as April. It was yielding 3.7% in July. Many pundits believe the bond market is only now waking up to the potential of a higher-for-longer interest rate regime caused by strong labor markets, a resilient economy, higher-than-expected inflation and Fed po.

Marketing 117

Marketing Marketing Economy 117

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

Wealth Management

OCTOBER 3, 2023

Katherine Krantz, the CEO at Center for the Macro Specialist Designation, explains why financial advisors should use macro data and events when building investment portfolios.

Investing 111

Investing Investments Financial Advisor Portfolio 111

Calculated Risk

OCTOBER 3, 2023

Today, in the Calculated Risk Real Estate Newsletter: FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores A brief excerpt: Here are some graphs on outstanding mortgages by interest rate, the average mortgage interest rate, borrowers’ credit scores and current loan-to-value (LTV) from the FHFA’s National Mortgage Database through Q2 2023 (released last Friday).

106

106

Wealth Management

OCTOBER 3, 2023

The commercial real estate investment market has become much more globalized in recent years. Here’s how investors can keep track of the performance of non-listed real estate vehicles across multiple continents.

Investing 111

Investing Investments Marketing Marketing 111

Integrity Financial Planning

OCTOBER 3, 2023

Transforming a distributor or reseller into a valuable company may seem like a daunting task. Distributors are usually not worth very much, because an acquirer reasons that without a point of differentiation, a distributor is vulnerable to a price war. Rather than acquire a target company, a savvy potential acquirer of a distributor could temporarily lower their price for whatever is being distributed and woo most of the target company’s customers without acquiring the company.

Distribution 97

Distribution License Financial Planning Planning 97

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 3, 2023

After more than 40 years in business, another broker/dealer network updates its brand. The firm also hired Rob Engle as its new chief revenue officer.

117

117

MainStreet Financial Planning

OCTOBER 3, 2023

“MainStreet Chalk Talk” The MainStreet Financial Planning Discussion Club When: Tuesday 10-17-23 at 7:30pm Eastern; 4:30pm Pacific ~30-45 minutes Recorded and able to retrieve for one week How : Zoom Meeting Free for current clients, $10 for guests Register Here! Real Estate Investing & Taxes Hosted by: Vida Jatulis , CFP® Guest Speaker : Robert Colon, EA, CFP®, CWS®, CRPC®, Please join MainStreet Financial Planner Vida Jatulis, CFP® and her guest Robert Colon, EA, CFP® for a conversation ab

Taxes 94

Taxes Investing Investments CFP 94

Wealth Management

OCTOBER 3, 2023

Creative Planning announces its first acquisition since it agreed to buy Goldman Sachs' Personal Financial Management business.

Planning 122

Planning Management 122

The Irrelevant Investor

OCTOBER 3, 2023

Today’s Animal Spirits is brought to you by Nuveen and Kaplan Schweser: See here for more information on investing with Nuveen See here to save 10% on Schweser CFA exam prep materials On today’s show, we discuss: The worlds priciest stock market Why a US recession is still likely – and coming soon Only richest 20% of Americans still have excess pandemic savings Americans are still spending like there&#821.

Investing 87

Investing Investments Marketing Marketing 87

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

Wealth Management

OCTOBER 3, 2023

It’s commonplace now for investors to sell their stakes in buyout funds before the vehicle matures. But with better risk management, they shouldn’t need to.

Risk Management 112

Risk Management Management 112

MainStreet Financial Planning

OCTOBER 3, 2023

I have been a single mother most of my thirteen-year-old daughter’s life. I recently sat down with a reporter doing an article on single mothers. Here is what we discussed. When did you become a single mother, and how? I officially/legally became a single mother when my daughter was 18 months old. Mentally, it was much sooner. My former husband and I decided to divorce in my 8th month of pregnancy before my daughter was born.

Estate Planning 86

Estate Planning Financial Planner Insurance Retirement 86

Wealth Management

OCTOBER 3, 2023

The news of employees being let go at the Chicago-based firm follows reports last week that Orion and advisor tech firm Envestnet also faced layoffs.

111

111

Advisor Perspectives

OCTOBER 3, 2023

Many Americans believe that Gen Z is financially illiterate and uninformed. But the story is not that simple.

110

110

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

Wealth Management

OCTOBER 3, 2023

Here are some best practices to help your client manage their newfound wealth responsibly.

Clients 122

Clients Client Management Management 122

Million Dollar Round Table (MDRT)

OCTOBER 3, 2023

By Julianne Hertel, CLU, ChFC As financial advisors and life insurance agents, we love helping our clients. Yet, if our clients are put off by some of the phrases or terminology we use, then it can become an obstacle. Fortunately, there are different words we can use. Language matters. When we change our words with clients, we can make the financial planning experience better for them and change their expectations when we take them on a journey to reaching their dreams.

Clients 84

Clients Financial Advisor Financial Planning Insurance 84

Advisor Perspectives

OCTOBER 3, 2023

Here is a summary of the four market valuation indicators we update on a monthly basis.

Valuation 119

Valuation Marketing Marketing 119

Wealth Management

OCTOBER 3, 2023

The T. Rowe OHA Select Private Credit Fund, or OCREDIT, already has $1.5 billion of investible capital.

Marketing 109

Marketing Marketing Investing Investments 109

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

Clever Girl Finance

OCTOBER 3, 2023

Have you ever wondered about what to do instead of watching TV? When the working day is over, you may find yourself reaching for the remote control. Television consumption usually doesn’t require much cognitive effort and it’s a way of shutting down while trying to relax. Keep reading to learn more! Table of contents Revealed: What over-consuming TV does to your brain 26 Fun and productive ideas of what to do instead of watching TV Expert tip: Start monitoring how much TV you watch How do I sto

Education 77

Education Budgeting Investing Investments 77

Calculated Risk

OCTOBER 3, 2023

From the BLS: Job Openings and Labor Turnover Summary The number of job openings increased to 9.6 million on the last business day of August , the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires and total separations changed little at 5.9 million and 5.7 million, respectively. Within separations, quits (3.6 million) and layoffs and discharges (1.7 million) changed little. emphasis added The following graph shows job openings (black line), hires (dark blue), La

Numbers 71

Numbers Economy Marketing Marketing 71

Advisor Perspectives

OCTOBER 3, 2023

I always talk about how powerful social media is. Let me tell a story that proves it.

Media 98

Media 98