Tue.Jan 21, 2025

article thumbnail

Transcript: Jonathan Clements

The Big Picture

The transcript from this weeks, MiB: Jonathan Clements on Why Dying is Hard Work , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio Barry Ritholtz : This week on the podcast.

Investing 147
article thumbnail

#FASuccess Ep 421: Integrating Tax Preparation Without Hiring In-House CPAs To Bring More Tax-Focused Value, With Daniel Friedman

Nerd's Eye View

Welcome everyone! Welcome to the 421st episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Daniel Friedman. Daniel is the CEO of WMGNA, a hybrid advisory firm based in Farmington, Connecticut, that oversees approximately $270 million in assets under management for 200 client households. What's unique about Daniel, though, is how his firm has expanded its tax focus to include "in-house" tax return preparation for its clients as a one-stop shop, but actually outsource

Taxes 152
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Research links: taking responsibility

Abnormal Returns

Alternatives Why CTA volatility is falling over time. (mrzepczynski.blogspot.com) Hedge fund fees have historically taken up nearly 50% of gains. (institutionalinvestor.com) Research How do the three big arguments against passive investing hold up? (ofdollarsanddata.com) The Russell 2000 is not a great index. (scheplick.com) Quality value stocks perform well in the wake of an inflation shock.

Investing 162
article thumbnail

How Often Are We in a Recession or Bear Market?

A Wealth of Common Sense

One of my favorite ongoing economic stats is the fact that the U.S. economy has been in a recession for just two months out of the past 15-and-a-half years. We’ve been in a recession just 1% of the time since the end of the Great Financial Crisis in the summer of 2009. Sure, there have been some bumps along the way but the U.S. economy has been remarkably resilient throughout the 2010s and 2020s.

Economy 128
article thumbnail

Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

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?

article thumbnail

Survey: Investors Value Trust in Advisors More Than Performance

Wealth Management

The survey from Capintel also looked at what factors contribute to a sense of trust between investors and financial advisors.

article thumbnail

The Devolution of Public US Capital Markets

Discipline Funds

Warning – This is probably an “old man screams at cloud” rant, but we all have to embrace our old age at some point so here goes nothing… One of the great strengths of the USA is its capital markets. No economy in the world does a better job of getting capital into the places where it can be most efficiently utilized. This is, arguably, one of the stark differences between the US economy and the rest of the world and why the USA has performed so much better over the last

More Trending

article thumbnail

S&P 500 Index Concentration Reaches New Highs – Strategically Navigating a Mega-Cap Dominated Market

Advisor Perspectives

2024 was characterized by megacap dominance, with the S&P 500 reaching new all-time highs and gaining roughly 25%. Megacap leadership resulted in the largest companies growing their share of the index. As of this writing, the top seven stocks in the S&P 500 make up 34% of the S&P 500.

article thumbnail

Adjusted for Risk: The Misconceptions of Leveraged Investments

Wealth Management

Tradr ETFs' Matt Markiewicz describes the benefits of leveraged ETFs and who they are appropriate for.

Investing 106
article thumbnail

Restoring Fiscal Control Can’t Wait Much Longer

Advisor Perspectives

Since the start of the new year, the bond market has been urging Congress to come to terms with America’s spiraling budget problems. Soon it might be demanding immediate action.

article thumbnail

The 401(k) Industry’s Biggest Opportunities are also its Biggest Challenges

Wealth Management

SWOT analysis is needed in times of massive change.

105
105
article thumbnail

Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

article thumbnail

Embracing Stock Market Stoicism

Advisor Perspectives

Stock market stoicism isn’t just philosophy – it’s a practical approach to investing where we focus on what we can control (research quality, disciplined decisions, and our reactions) while accepting what we can’t (market whims and short-term sentiment shifts).

article thumbnail

New Acting SEC Chair Uyeda Launches Crypto Task Force

Wealth Management

The new task force will be led by Commissioner Peirce and was unveiled by an SEC release criticizing the commissions prior approach to crypto enforcement.

article thumbnail

The Retirement Complacency Trap, Ep #232

Financial Symmetry

Retirement, often portrayed as a glorious era of freedom and relaxation, has its own set of challenges beyond the financial arena. This week, were exploring the “retirement complacency trap” and discussing the four phases retirees go through. Vacation/Honeymoon Phase: The … Continued The post The Retirement Complacency Trap, Ep #232 appeared first on Financial Symmetry, Inc.

article thumbnail

Chris Todd Named Envestnet CEO

Wealth Management

Envestnet's board went outside the industry in tapping Todd, who most recently was chief executive of workforce management software firm UKG.

article thumbnail

Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

article thumbnail

Why should you stay where you are?

Diamond Consultants

Four factors to consider when attempting to resolve if your firm is indeed the right place for you, your clients, and your business. Advisors regularly get calls from recruiters, consultants, branch managers, complex directors, business development officersthe list goes on and on. In each case, it feels like everyone has a solution (read: firm) to sell.

article thumbnail

RIA Edge Podcast: Integrated Partners’ Andree Mohr on Sophisticated Financial Planning and the ‘Ceiling of Complexity’ That Holds Some RIAs Back

Wealth Management

Integrated Partners Andree Mohr details the importance of putting the clients needs first.

article thumbnail

There Are Stock Gems to Mine Before the Bots Take Over

Advisor Perspectives

There’s a lot of chatter on Wall Street about artificial intelligence replacing analysts — the folks at banks and brokerages who tell investors which stocks to buy, hold or sell. The bots should be able to make those recommendations just as well as humans.

Banking 59
article thumbnail

Cambridge's BridgePort Closed 2024 with Double Deal Totaling $400M

Wealth Management

The acquisitions of California-based PearTree Advisory Group and Indianapolis-based Premier Wealth Advisors bring BridgePort's AUA to just over $2 billion.

article thumbnail

The Future Of Finance: How To Manage Spend The Right Way

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

article thumbnail

Apple’s Tough January Worsens as Analysts Cut on iPhone Risk

Advisor Perspectives

Apple Inc. received a pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors, as artificial intelligence fails to act as a hoped-for growth catalyst.

Sales 59
article thumbnail

Addressing the Human and Technical Aspects to Meet the Planning Needs of UHNW Families

Wealth Management

Practical steps for continuing to accelerate growth.

article thumbnail

America's Driving Habits: November 2024

Advisor Perspectives

Travel on all roads and streets increased in November. The 12-month moving average was up 0.03% month-over-month and was up 1.04% year-over-year. However, if we factor in population growth, the 12-month MA of the civilian population-adjusted data (age 16-and-over) was down 0.04% MoM and up 0.43% YoY.

59
article thumbnail

Valuation Pronouncements in Connelly

Wealth Management

Analyzing the underpinnings of the U.S. Supreme Courts decision.

article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

2025 Municipal Bond Sector Outlook: Stability and Resiliency

Advisor Perspectives

Outlooks for higher education and healthcare are the weakest while transportation and essential utilities are the strongest. Resiliency to withstand an economic downturn is strong for all sectors.

article thumbnail

Artificial Intelligence—Friend or Foe?

Wealth Management

Adapting to the AI revolution while maintaining the human touch.

98
article thumbnail

World Markets Watchlist: January 21, 2025

Advisor Perspectives

Six of the nine indexes on our world watch list have posted gains through January 21, 2025. France's CAC 40 is in the top spot with a year to date gain of 5.10%. Germany's DAXK is in second with a year to date gain of 5.08% while England's FTSE 100 is in third with a year to date gain of 3.49%.

article thumbnail

Note From the Editor: February 2025

Wealth Management

Editor in Chief Susan R. Lipp weighs in on the contents of this month's issue.

98
article thumbnail

Crafting Impact: Revenue Growth And Efficiency For Finance Professionals

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

article thumbnail

Inflation Tames, Economy Gains: A Resilient Start to 2025

Advisor Perspectives

This past week brought promising news for the markets and the broader economy. Inflation data came in at or below expectations, while economic indicators, including housing starts and retail sales, demonstrated surprising resilience.

Economy 52
article thumbnail

Merchant-Backed Fin.Link Hires New President

Wealth Management

Zander Heinen joins the Fin.Link (formerly Succession Link) from Live Oak Bank as it prepares to launch a social networking feature.

Banking 98
article thumbnail

Make Navigating Big Changes a Team Effort

Advisor Perspectives

I’m devoting this column to reminders around change management and what to think about for the human element in the midst of change.

article thumbnail

Estimating the Fair Market Value of Large Blocks of Publicly Traded Stock

Wealth Management

The methods and procedures that analysts commonly apply.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.