Nerd's Eye View

SEPTEMBER 13, 2022

Welcome back to the 298th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Carolyn Armitage. Carolyn is the President of Thrivent Advisor Network, an RIA platform that offers partnership and affiliate models for financial advisors and oversees $6.5 billion in assets managed by over 20 affiliated independent advisor businesses.

Financial Advisor 161

Financial Advisor Financial Services Ethics Recruitment 161

Abnormal Returns

SEPTEMBER 13, 2022

Behavior Lottery seeking behavior is pretty much everywhere. (papers.ssrn.com) How mood, including SAD, affects decision making. (investmentnews.com) MBA career choices follow trends. (mailchi.mp) Death increases the sales of published authors. (papers.ssrn.com) The Fed Is the Treasury market becoming more fragile? (libertystreeteconomics.newyorkfed.org) Fed officials don't generate alpha in their own portfolios.

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Portfolio Sales Marketing Marketing 130

The Reformed Broker

SEPTEMBER 13, 2022

Wells Fargo’s bullish call on this big bank from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

Banking 130

Banking 130

The Big Picture

SEPTEMBER 13, 2022

The post Futureproof Recap: Days 1 & 2 appeared first on The Big Picture.

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Accounting

Calculated Risk

SEPTEMBER 13, 2022

The BLS reported this morning: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 8.7 percent over the last 12 months to an index level of 291.629 (1982-84=100). For the month, the index declined 0.2 percent prior to seasonal adjustment. CPI-W is the index that is used to calculate the Cost-Of-Living Adjustments (COLA).

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Calculated Risk

SEPTEMBER 13, 2022

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.7% in August. The 16% trimmed-mean Consumer Price Index increased 0.6% in August. "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 104

Food Banking Accounting 104

Wealth Management

SEPTEMBER 13, 2022

It's not news that financial advice will increasingly be grounded in psychology and therapy—but how an advisor builds a business around those client demands is still evolving, according to speakers at the Future Proof wealth festival.

Financial Advice 98

Financial Advice Planning Clients 98

Calculated Risk

SEPTEMBER 13, 2022

From Matthew Graham at Mortgage News Daily: Rates Edge Up; Deep Dive on Mortgages vs 10yr Treasury and Fed Funds Rate Mortgage rates moved slightly higher today, but only after moving slightly lower earlier this morning. [ 30 year fixed 5.98% ] emphasis added Tuesday: • At 6:00 AM ET, NFIB Small Business Optimism Index for August. • At 8:30 AM, The Consumer Price Index for August from the BLS.

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Wealth Management

SEPTEMBER 13, 2022

Ortega family investment company Pontegadea bought five logistics centers in the US states of Tennessee, South Carolina, Virginia, Pennsylvania and Texas from Realty Income Corp. for about $722 million.

Investing 98

Investing Investments 98

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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

Calculated Risk

SEPTEMBER 13, 2022

With the pandemic, there was a surge in 2nd home buying. I'm looking at data for some second home markets - and I'm tracking those markets to see if there is an impact from lending changes, rising mortgage rates or the easing of the pandemic. This graph is for South Lake Tahoe since 2004 through August 2022, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average).

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Marketing Marketing 98

A Wealth of Common Sense

SEPTEMBER 13, 2022

I’m in sunny California this week for our Future Proof Festival. There are people from all over the place here so there have been a number of conversations about the prospects of living in California. Some people complain about the high cost of living (especially housing), the high taxes, high gas prices and threat of wildfires or earthquakes.

Taxes 93

Taxes Numbers 93

Wealth Management

SEPTEMBER 13, 2022

Speakers at the Future Proof wealth festival on how compliance can move a cost of doing business to a valuable business function to be marketed—and monetized.

Compliance 98

Compliance Marketing Marketing 98

Covisum

SEPTEMBER 13, 2022

By now, financial advisors are keen on the idea that Roth conversions can be a very good thing for their clients and their financial planning practice. Why?

Financial Planning 97

Financial Planning Financial Advisor Planning Clients 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

SEPTEMBER 13, 2022

Scott Adam Brander allegedly made more than $800,000 when allocating certain trades to benefit his own accounts, while placing less successful trades into clients’ accounts, according to the commission.

Commission 97

Commission Accounting Clients 97

Clever Girl Finance

SEPTEMBER 13, 2022

Have you ever thought about creating a 12-month emergency fund? Yes, the general financial advice is to have a 3 to 6-month emergency fund. But depending on your job and the current job market , having a hefty savings plan could be helpful in preventing stress in the long run. Here’s everything you need to understand about a 12-month emergency fund, if it’s right for you, and how to get one started.

Accounting 88

Accounting Budgeting Numbers Taxes 88

Wealth Management

SEPTEMBER 13, 2022

The Battle of the Bids allowed real estate investors and brokers to test their feel for the CRE market by guessing the final price of properties trading through online auction.

Marketing 100

Marketing Marketing 100

Nationwide Financial

SEPTEMBER 13, 2022

Determined to tame inflation, the Federal Reserve has raised interest rates four times this year, with more expected at its remaining meetings in September, November, and December. If inflation is more persistent than expected, the cost of bringing it back on target may lead to a recession. The chances for the so-called soft landing – bringing down inflation without crashing the economy – remain to be seen.

Economy 59

Economy Marketing Marketing Investing 59

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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

SEPTEMBER 13, 2022

Former Vanguard wholesaler Devon Drew wants to bring $1 trillion in assets to demographically underrepresented investment managers by 2030.

Assets 98

Assets Management Investing Investments 98

Random Roger's Retirement Planning

SEPTEMBER 13, 2022

Ted Seides Tweeted "If you’re investing with a 100-year time horizon, nothing that happens today matters. Market goes up. Market goes down 20%. There’s a crash. It doesn’t matter." It's a funny coincidence since this has come up a couple of times here over the last few weeks. Focusing on the correct time horizon is a crucial component of investment success.

Marketing 64

Marketing Marketing Asset Allocation Retirement 64

Wealth Management

SEPTEMBER 13, 2022

Apartment rents fell slightly in August across dozens of U.S. metropolitan areas, reports Insider. European commercial property owners are vulnerable to higher debt costs as interest rates rise, according to The Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

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Meb Faber Research

SEPTEMBER 13, 2022

Episode #442: David Rubenstein on Private Equity, Politics, Parenting, & The Art of Investing Guest: David Rubenstein is the Co-Founder and Co-Chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms. Established in 1987, Carlyle now manages $325 billion from 26 offices around the world. Date Recorded: 8/24/2022 […].

Investing 55

Investing Investments Management Marketing 55

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Management

Wealth Management

SEPTEMBER 13, 2022

The companies are in discussions regarding a transaction that values Blair at $1 billion or more. The transaction hasn’t been finalized, and talks could still fall apart.

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Norman Marks

SEPTEMBER 13, 2022

The world in which we live is turbulent, with so much happening all the time. That applies to our business as well as our personal lives. Naturally, we try to simplify the complex. Hard to survive otherwise! Our brains are (at least for most of us) unable to fully grasp everything that is happening, so […].

Risk Management 58

Risk Management Management Government 58

Wealth Management

SEPTEMBER 13, 2022

The Queen set an example to put in place a robust transition plan for the family enterprise.

Planning 98

Planning 98

Carson Wealth

SEPTEMBER 13, 2022

Investors have a range of assets to choose from when building their portfolios. Among them, mutual funds offer several benefits, such as diversification, that can help your reach your financial goals. However, they also have risks to consider. Learn more about what mutual funds are, how they work, about the advantages and potential downsides, and how to invest in them.

Assets 52

Assets Financial Advisor Investing Investments 52

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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

SEPTEMBER 13, 2022

Six reasons why the current environment is an attractive time to invest in small cap stocks.

Investing 97

Investing Investments 97

SEI

SEPTEMBER 13, 2022

Introducing the security management partner. Case study. vlaskowski. Tue, 09/13/2022 - 13:24. In this impact brief, Joseph Krull addresses the state of cybersecurity for financial services and introduces the security management partner concept to bring financial industry precision to financial institution security. General practitioners can provide a basic level of care for the human body, but specialists are normally called in to diagnose and treat more complex issues based on their advanced tr

Management 52

Management Financial Services Compliance Budgeting 52

Wealth Management

SEPTEMBER 13, 2022

More than half of investors are underweight equities while over 60% are overweight cash.

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