Wed.Apr 17, 2024

article thumbnail

Personal finance links: keeping your focus

Abnormal Returns

Podcasts Roger Whitney talks retirement challenges with Christine Benz. (youtube.com) Sam Parr talks with 'Ryan' and 'Jeff' about the reality of retiring early. (podcasts.apple.com) Peter Lazaroff talks with Taylor Schulte and Benjamin Brandt about the new Retirement Podcast Network. (peterlazaroff.com) Justin Castelli talks curiosity and more with Tom Morgan.

article thumbnail

3 Question Types To Go From (Just) Retained To Highly Engaged And Happier Clients

Nerd's Eye View

After advisors do all of the work of bringing on a new client (Marketing! Prospecting! Onboarding! Compliance!), it can sometimes feel natural to let the relationship go into "maintenance mode". And while all may appear well on the surface – the client rarely contacts the advisor with problems but they show up for every annual meeting – they may actually be feeling quite disengaged with the financial planning services being provided.

Clients 192
Insiders

Sign Up for our Newsletter

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

article thumbnail

MBA: Mortgage Applications Increased in Weekly Survey

Calculated Risk

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 12, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 3.3 percent on a seasonally adjusted basis from one week earlier.

Economy 118
article thumbnail

Deal Roundup: Equita Adds 7th Woman-Owned RIA, Apella Hits $4B Mark

Wealth Management

Astraea Wealth has launched on the Equita platform, focusing on women, LGBTQ clients and “anxious savers,” while Apella Wealth tops $4 billion in AUM with ClearLogic Financial deal.

Clients 106
article thumbnail

Live Demo: How to Achieve Reconciliation Zen

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

article thumbnail

Fed's Beige Book: "Economic activity expanded slightly"

Calculated Risk

Fed's Beige Book Overall economic activity expanded slightly , on balance, since late February. Ten out of twelve Districts experienced either slight or modest economic growth—up from eight in the previous report, while the other two reported no changes in activity. Consumer spending barely increased overall, but reports were quite mixed across Districts and spending categories.

Economics 105

More Trending

article thumbnail

4th Look at Local Housing Markets in March; California Home Sales Down 4.4% YoY in March

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: 4th Look at Local Housing Markets in March; California Home Sales Down 4.4% YoY in March A brief excerpt: The NAR is scheduled to release March existing home sales tomorrow, Thursday, April 18th at 10:00AM ET. The consensus is for 4.20 million SAAR, down from 4.38 million in February. Housing economist Tom Lawler expects the NAR to report sales of 4.23 million SAAR for March.

Sales 105
article thumbnail

The Healthy Advisor: The Emotional and Financial Strains of Addiction with Cheryl Canzanella

Wealth Management

In 2017, Cheryl Canzanella lost her husband to an accidental overdose. Now, she’s working to educate advisors on how they can help families ripped apart by the opioid crisis.

Education 104
article thumbnail

Thursday: Unemployment Claims, Philly Fed Mfg, Existing Home Sales

Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 217 thousand initial claims, up from 211 thousand last week. • Also at 8:30 AM, the Philly Fed manufacturing survey for April. The consensus is for a reading of 0.0, down from 3.2. • At 10:00 AM, Existing Home Sales for March from the National Association of Realtors (NAR).

Sales 105
article thumbnail

Review of Reviews: The New Undue Influence

Wealth Management

David Horton, the Martin Luther King, Jr. professor of law at the University of California, Davis, School of Law in Davis, Calif. and Reid Kress Weisbord, distinguished professor of law at Rutgers Law School in Newark, N.J. and the Judge Norma L. Shapiro Scholar.

102
102
article thumbnail

2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.

article thumbnail

Three White Soldiers Candlestick Pattern – Strengths And Trading Ideas

Trade Brains

Three white soldiers candlestick pattern: In the field of stock market analysis, technical analysts utilize chart and candlestick patterns to assess stock prices and project future trends. Each pattern holds valuable information that provides insight into the market’s direction. Through analyzing and interpreting these patterns, analysts can make informed predictions regarding the future movements of stocks, thus enabling investors to make well-informed investment decisions.

Marketing 102
article thumbnail

401(k) Real Talk Episode 102: April 17, 2024

Wealth Management

Open, honest and candid discussion about the DOL rule, Pontera's new retirement plan leadership, the resurgence of senior workers and more.

article thumbnail

How to Crush the CFA Exams On Your First Attempt: Part I

Alpha Architect

The CFA designation has for long been recognized as the gold standard for investment analysts. But like anything that is worth pursuing, obtaining the charter is no easy task. How to Crush the CFA Exams On Your First Attempt: Part I was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

article thumbnail

Tax Efficiency and Diversification: The Benefits of Direct Indexing

Wealth Management

While the number and types of direct indexing solutions continue to grow, it is worth reviewing some of the potential benefits of its use.

Taxes 100
article thumbnail

Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

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.

article thumbnail

Animal Spirits: The Yeah But Bull Market

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by YCharts: See here for YCharts’ quarterly economic update slide deck! See here for tickets to The Compound and Friends LIVE in Los Angeles On today’s show, we discuss: Will the growth of indexing lead to its downfall? Fund industry’s asset mix offers encouraging sign CPI Data – motor vehicle insurance Why car insurance rates are so high Th.

article thumbnail

Verdence Expands, Rebrands OCIO Service

Wealth Management

Verdence/RIA+ will continue to offer outsourced investment management, with added services around succession, compliance and more.

article thumbnail

Immigration And Its Impact On Employment

Advisor Perspectives

While immigration has positively impacted economic growth and disinflation, this story has a dark side.

article thumbnail

PLR Determines Tax Consequences of Corporate Transaction

Wealth Management

Indirect transfers weren’t gifts because they were made in the ordinary course of business.

Taxes 107
article thumbnail

Transforming Lending: Understanding the Power of Digital Platforms

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.

article thumbnail

LA Port Traffic Increased Year-over-year in March

Calculated Risk

Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about 40% of the nation's container port traffic. The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long Beach in TEUs (TEUs: 20-foot equivalent units or 20-foot-long cargo container).

Retail 56
article thumbnail

Review of Reviews: Strings Are Attached: Shining a Spotlight on the Hidden Subsidy for Perpetual Donor Limits on Gifts

Wealth Management

Roger Colinvaux, professor, The Catholic University of America Columbus School of Law in Washington, D.C.

99
article thumbnail

Congratulations to Our 2024 Forbes Best-in-State Wealth Advisors  

Carson Wealth

Carson Wealth announced that four of the firm’s wealth advisors were named to the Forbes 2024 Best-in-State Wealth Advisors list. This prestigious award recognizes outstanding financial advisors who have demonstrated excellence in their field and are committed to providing exceptional service to their clients. The following advisors were recognized on this year’s list: #12 Jason Juhl, RICP ® , AIF ® , Partner & Wealth Advisor, Carson Wealth in West Des Moines, Iowa #26 Michael David , AIF ®

article thumbnail

Review of Reviews: Immortal Longings: Perpetuity in Context

Wealth Management

Lawrence M. Friedman, professor of law, Stanford Law School, Stanford, Calif.

103
103
article thumbnail

Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

article thumbnail

A mixed track record

SEI

Part one: Jim Solloway, Chief market strategist and senior portfolio manager, and Vivian Estadt, Client service director, present our economic outlook in this two-part series.

article thumbnail

Review of Reviews: Trapped Between the URPTODA and the UPHPA: Probate Reforms to Bridge the Gap and Save Heirs Property for Modest-Wealth Decedents

Wealth Management

Danaya C. Wright, professor of law, University of Florida Law in Gainesville, Fla.

99
article thumbnail

Should Interest Rate Changes Affect Your Decision To Invest?

Wealthfront

It can be tempting to adjust your investing strategy based on the news, including news about interest rates—and there’s been plenty of that lately, as many people speculate about if and when the Federal Reserve will cut the target range for the federal funds rate. In a previous blog post, we wrote about how investing […] The post Should Interest Rate Changes Affect Your Decision To Invest?

article thumbnail

Trustee Investing Traps

Wealth Management

The most common pitfalls and how to avoid them.

article thumbnail

The Blueprint for a Customer-Centric Digital Lending Experience

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.

article thumbnail

Finding Wide Moat Stocks

Validea

Finding companies with sustainable competitive advantages, or “wide moats” can be key for compounding returns over time. Just like the moats that surrounded medieval castles to protect them from invaders, an economic moat protects a company’s profits and market share from competitors. Legendary investor Warren Buffett has built his immense fortune by focusing on wide moat companies.

License 52
article thumbnail

General Trust Administration Issues For Fiduciaries

Wealth Management

How to reduce risk in light of CCA 202352018.

100
100
article thumbnail

Crypto Can Turn Pro With a Little Help From Congress

Advisor Perspectives

Last July, the House Financial Services Committee approved two major pieces of legislation aimed at creating a regulatory framework for the cryptocurrency industry, the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act.