Calculated Risk

MARCH 16, 2023

From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000. This is 9.8 percent above the revised January estimate of 1,321,000, but is 18.4 percent below the February 2022 rate of 1,777,000. Single‐family housing starts in February were at a rate of 830,000; this is 1.1 percent above the revised January figure of 821,000.

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The Big Picture

MARCH 16, 2023

Depositors heaved a sigh of relief when news broke Sunday that the Federal Deposit Insurance Corporation was going to make whole all of the accounts held at Silicon Valley Bank. Having full access to bank accounts meant those tech start-ups that make up much of SVB’s depositors would be able to make their weekly payrolls. They were the lucky ones: SVB’s equity investors were wiped out and senior bank management was fired.

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Banking Accounting Insurance Marketing 340

Calculated Risk

MARCH 16, 2023

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released today from Chief economist Danielle Hale: Weekly Housing Trends View — Data Week Ending Mar 11, 2023 • Active inventory growth continued to climb with for-sale homes up 61% above one year ago. Inventories of for-sale homes rose, tying last week’s gain, which was the lowest we’ve seen since December.

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Sales Numbers Marketing Marketing 358

Wealth Management

MARCH 16, 2023

With EV manufacturers and their suppliers increasingly opening factories in the U.S., opportunities are growing for both build-to-suit construction and speculative development.

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Manufacturing 294

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Where are top advisors focusing in 2025? AcquireUp’s 2025 Industry Index reveals it all. Based on insights from 200+ financial professionals nationwide, discover why 74% say seminars and referrals deliver the best ROI, how automation is helping advisors scale faster, and why only 8% are tapping into niche marketing (a major growth opportunity!). Whether you're refining your client acquisition strategy or scaling your practice, this report gives you the real-world data, benchmarks, and action ste

Clients

Calculated Risk

MARCH 16, 2023

The DOL reported : In the week ending March 11, the advance figure for seasonally adjusted initial claims was 192,000 , a decrease of 20,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 211,000 to 212,000. The 4-week moving average was 196,500, a decrease of 750 from the previous week's revised average.

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Wealth Management

MARCH 16, 2023

The Investment Adviser Association, the trade group for RIAs, said it appreciated the additional time and was worried about the “interrelatedness of the SEC's current proposals." The commission also proposed updates to cybersecurity rules for brokers.

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Commission Investing Investments 279

Wealth Management

MARCH 16, 2023

Fallout from the collapses of Silicon Valley Bank and Signature Bank continued to impact banks, REIT stocks and commercial landlords. Five Below plans to open 200 new stores, reported Chain Store Age. These are among today’s must reads from around the commercial real estate industry.

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Banking Planning 278

Calculated Risk

MARCH 16, 2023

From CoStar: STR: Start of Spring Break Boosts Weekly US Hotel Performance Helped by the onset of spring break travel, U.S. hotel performance increased from the previous week, according to STR‘s latest data through March 11. March 5-11, 2023 (percentage change from comparable weeks in 2022, 2019): • Occupancy: 64.7% (+2.8%, -7.5%) • Average daily rate (ADR): $158.20 (+8.1%, +16.6%) • Revenue per available room (RevPAR): $102.38 (+11.1%, +7.8%) emphasis added The following graph shows the seasona

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Wealth Management

MARCH 16, 2023

Digital marketing and home-grown planning software, FP Alpha, have launched RIA Altfest into a new phase of tech-enabled growth as the firm looks to expand into new locations.

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Wealth Management Management Planning Marketing 278

Calculated Risk

MARCH 16, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 9:15 AM ET, The Fed will release Industrial Production and Capacity Utilization for February. The consensus is for a 0.4% increase in Industrial Production, and for Capacity Utilization to increase to 78.5%. • At 10:00 AM, University of Michigan's Consumer sentiment index (Preliminary for March).

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Speaker: Claire Grosjean, Global Finance & Operations Executive

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

Management

Wealth Management

MARCH 16, 2023

The dynamics are shifting in the RIA M&A space, and recent events will likely spur a rise in small aggregators merging or selling to larger enterprises, argues NewEdge Advisors’ Alex Goss.

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Abnormal Returns

MARCH 16, 2023

Markets Bonds are once again a risk-off asset. (thereformedbroker.com) Markets are betting the Fed is closer to a pause. (econbrowser.com) Oil prices are below where they were before the Ukraine war. (axios.com) Strategy Risk is what you don't see coming. (theirrelevantinvestor.com) How crises affect our risk perceptions. (behaviouralinvestment.com) Pundits love to peddle fear in the face of market volatility.

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Government Media Financial Advising Banking 130

Wealth Management

MARCH 16, 2023

As the dust settles, some thoughts from Zephyr's market strategist.

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Marketing Marketing 264

The Reformed Broker

MARCH 16, 2023

Final Trades: Adobe, Boeing, Rockwell Automation & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

Numbers

Wealth Management

MARCH 16, 2023

While the future of wealth management looks promising, wealth managers need to not only develop their digital capabilities, but also empower their bench of talent to capitalize on the opportunities ahead culturally and technologically, ensuring they do not get left behind.

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Wealth Management Management 264

The Reformed Broker

MARCH 16, 2023

The post Is My Money Safe? appeared first on The Reformed Broker.

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Marketing Marketing 130

Wealth Management

MARCH 16, 2023

Restrictions will make it more difficult to use these planning techniques.

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Planning 264

A Wealth of Common Sense

MARCH 16, 2023

A reader asks: If a brokerage fails, what happens to a customer’s holdings there? Another reader asks: My wife and I have the bulk of our investments (401k & trading) in basically 2 accounts. Is this a dumb practice? Should we be more ‘diversified’ with our institutions? We’ve been discussing this for a while, and then with SVB, it’s definitely brought the discussion back to the kitchen table.

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Accounting Investing Investments 109

Speaker: Erroll Amacker

Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.

Accounting

Wealth Management

MARCH 16, 2023

University of Miami basketball brought Justin Heller and his partner together at the wirehouse; now they've launched their own firm with an assist from Rapport Financial's Aaron Hattenbach.

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The Irrelevant Investor

MARCH 16, 2023

Today’s show is sponsored by Kraneshares: See here for more information on investing in Kraneshares Climate or China-focused ETFs On today’s show, we discuss: First Republic reaches rescue deal with other banks Goldman boosts US recession odds after slashing GDP forecast TRB on Credit Suisse Credit Suisse is in crisis, what went wrong? Barney Frank talks more about the surprise shuttering of Signature Bank.

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Banking Investing Investments 106

Wealth Management

MARCH 16, 2023

Applications to build, a proxy for future construction, climbed 13.8% to an annualized pace of 1.52 million units, reflecting gains in permits for both single-family and multifamily projects.

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Walkner Condon Financial Advisors

MARCH 16, 2023

Over the weekend, we learned that Silicon Valley Bank and two other banks failed and were taken over by the Federal Deposit Insurance Corporation (FDIC). These are the first bank failures since 2020 and three of the 563 that have taken place since 2001 ( [link] ). This caused a fear over the weekend that we might see a repeat of 2007-2009. As the week has gone on, fear has spread to larger regional banks such as First Republic in California and international banks such as Credit Suisse.

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Banking Insurance Assets Startup 98

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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

Accounting

Wealth Management

MARCH 16, 2023

James Hughes of Live Oak Bank discusses debt financing for prospective breakaway advisors looking to de-risk a leap to independence or payoff a note balance, or business owners seeking funds for acquisitions or succession planning.

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Banking Planning 245

MarketWatch

MARCH 16, 2023

U.S. stocks finished sharply higher on Friday, erasing losses from earlier in the session, as a group of big banks deposited $30 billion with troubled lender First Republic Bank. The S&P 500 SPX gained 68.36, or 1.8%, to close at 3,960.28, according to preliminary closing data from FactSet. The Dow Jones Industrial Average DJIA rose 371.98 points, or 1.2%, to 32,246.55.

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Banking Marketing Marketing 98

Wealth Management

MARCH 16, 2023

The biggest banks, including JPMorgan, Bank of America and Citigroup, would contribute $5 billion of deposits each, with smaller banks kicking in smaller amounts.

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Banking 244

Advisor Perspectives

MARCH 16, 2023

The banking earthquake is sending shockwaves through the financial markets. The financial and economic aftershocks, soon to follow, are underappreciated and will prove worse than the earthquake.

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Banking Financial Market Economics Marketing 98

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Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?

Sales

Wealth Management

MARCH 16, 2023

Built on the back of its $271 billion wealth business, First Republic is in need of a rescue as its stock is down almost 80% since March 8.

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Million Dollar Round Table (MDRT)

MARCH 16, 2023

By Matt Pais, MDRT Content Specialist So much of life is about perspective, and a successful advisor is an upbeat advisor. In his 2013 Annual Meeting presentation “Measuring what matters,” Ralph Antolino Jr., J.D., CLU, reiterates this by identifying nine secrets of ultra-happy people, many of which hinge on your outlook.

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Wealth Management

MARCH 16, 2023

It's getting increasingly more difficult to trade stocks and bonds without affecting their prices.

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Marketing Marketing 147

Integrity Financial Planning

MARCH 16, 2023

Somewhere around 1999 and 2000, television started to change. Sitcoms were still very popular, and weekly dramas were also big, but several shows revolutionized how we think of television. They turned television into a medium for long-form, poetic storytelling. Before Netflix and streaming services pumped out shows as 8-hour binges, the following shows of the early 2000s began to set the groundwork for popular shows like Game of Thrones and Stranger Things.

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Retirement Financial Planning Retirement Planning Advertising 95

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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

Accounting