Abnormal Returns

APRIL 24, 2024

Banking The number of bank branches in the U.S. peaked in 2012. (sherwood.news) Where SVB's business stands as JP Morgan ($JPM) looks to make inroads. (bloomberg.com) ETFs Where active ETFs are growing fastest. (morningstar.com) The iShares Bitcoin ETF ($IBIT) is a runaway hit. (theblock.co) Retail investors trade leveraged ETFs way too much. (klementoninvesting.substack.com) TikTok The clock is now ticking for a TikTok divestiture.

Financial Advising 217

Financial Advising Manufacturing Media Retail 217

Nerd's Eye View

APRIL 24, 2024

Over the past few decades, advicers have used Monte Carlo analysis tools to communicate to clients if their assets and planned level of spending were sufficient for them to realize their goals while (critically) not running out of money in retirement. More recently, however, the Monte Carlo "probability of success/failure" framing has attracted some criticism, as it can potentially alter the way that a client perceives risk, leading them to make less-than-ideal decisions.

Communication 195

Communication Retirement Clients Planning 195

Abnormal Returns

APRIL 24, 2024

Podcasts Carl Richards talks with Farnoosh Torabi money lessons learned. (50fires.com) Matt Ziegler talks with Justin Castelli about the intersection of life and investing. (youtube.com) Barry Ritholtz talks closet indexing with Andrew Slimmon who is Managing Director at Morgan Stanley Investment Management. (ritholtz.com) Jim Dahle talks with Britt Williams Baker, who is the co-founder of Dow Janes, a company focused on financial education for women.

Insurance 192

Insurance Math Retirement Education 192

Calculated Risk

APRIL 24, 2024

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier.

Marketing 121

Marketing Marketing 121

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

Wealth Management

APRIL 24, 2024

Prosperitage Wealth's Brian Seymour explains the crucial role coaching played in shaping his career, helping him identify his unique strengths and develop his “super power.

107

107

Wealth Management

APRIL 24, 2024

Former leaders at Goldman Sachs, Fidelity, Creative Planning and Wealth Enhancement Group have joined to accelerate the firm's growth as a new multicustodial platform for independent advisors.

Planning 105

Planning 105

Calculated Risk

APRIL 24, 2024

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI March 2024: Architecture firm billings retreat further in March Business conditions at architecture firms softened in March, as the AIA/Deltek Architecture Billings Index (ABI) score declined to 43.6 for the month. This marked the 14th consecutive month of declining billings at firms as inflation, supply chain issues, and other economic challenges continue to affect business.

Economics 94

Economics Clients Investing Investments 94

Wealth Management

APRIL 24, 2024

Advocates say RIAs have little to worry about, yet one opponent accused the DOL of waging an “ideological crusade” and said he’d recommend litigation to his board.

103

103

Advisor Perspectives

APRIL 24, 2024

Don’t believe the economic consensus, according to David Rosenberg. A recession is much more likely than a soft landing, and investors should allocate to 10-year Treasury bonds instead of stocks.

Economics 75

Economics 75

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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

Wealth Management

APRIL 24, 2024

Open, honest and candid discussion about record keeper assets rising, the importance of convergence, artificial intelligence and more.

Assets 101

Assets 101

Advisor Perspectives

APRIL 24, 2024

New orders for manufactured durable goods rose in March, coming in at $283.41B. This is a 2.6% increase from the previous month and more than the expected 2.5% growth. The series is up 1.3% year-over-year (YoY). If we exclude transportation, "core" durable goods were up 0.2% from the previous month and up 1.0% from one year ago.

Transportation 64

Transportation Manufacturing 64

Wealth Management

APRIL 24, 2024

Daniel Applegarth and Eric Vrba are the latest additions to the C-suite as Carson Group shakes up leadership.

103

103

A Wealth of Common Sense

APRIL 24, 2024

Today’s Animal Spirits is brought to you by Franklin Templeton: See here for more information on the Franklin High Yield Corporate ETF (FLHY) On today’s show, we discuss: Wall Street traders keep underestimating America’s economic strength Generation Z is unprecedentedly rich Where are growth, inflation and interest rates headed? We asked the economists Home renovations are booming thanks to high rat.

Economics 64

Economics 64

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

APRIL 24, 2024

The bank has repositioned itself to serve ultra-wealthy international clients after closing more than 200 branch locations in the U.S.

Banking 89

Banking Clients 89

Calculated Risk

APRIL 24, 2024

From WardsAuto: April U.S. Light-Vehicle Sales to Start Second Quarter with Lukewarm Growth (pay content). Brief excerpt: The second quarter will be key to 2024’s total results, as demand must continue growing during April-June for the entire year to top 16 million units for the first time in five years. The period could be a leading indicator of how much automakers ultimately are willing to lay off incentives and other forms of discounting, vs. implementing production slowdowns, to keep invento

Sales 58

Sales 58

Advisor Perspectives

APRIL 24, 2024

It was an irresistible pitch. Give us your money, executives at Ray Dalio’s Bridgewater Associates and other hedge funds said, and we’ll funnel it into a money-minting, sure-thing strategy for the long haul.

59

59

Calculated Risk

APRIL 24, 2024

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in March A brief excerpt: After the National Association of Realtors® (NAR) releases the monthly existing home sales report , I pick up additional local market data that is reported after the NAR. This is the final look at local markets in March. I’ve added a comparison of active listings, new listings, and closings to the same month in 2019 (for markets with available data).

Marketing 58

Marketing Marketing Sales 58

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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

APRIL 24, 2024

Wealthy taxpayers are prime targets for scammers.

106

106

Advisor Perspectives

APRIL 24, 2024

If you need heart surgery, would you hire the best cardiac surgeon you can afford, or work with whatever medical professional you can find?

Medical 64

Medical Clients 64

SEI

APRIL 24, 2024

InfoSec professionals can learn a lot from nature’s evolved defensive systems, like reactive defense and identity validation. Read SEI’s blog for cybersecurity, the Sphere blog.

52

52

Advisor Perspectives

APRIL 24, 2024

The path to responsible investing is complicated by individual differences in personality traits and decision-making processes.

Clients 64

Clients Investing Investments 64

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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

Alpha Architect

APRIL 24, 2024

The key to success is studying for Level I and Level II not for the sake of passing that level, but for the sake of passing Level III. How to Crush the CFA Exams On Your First Attempt: Part II was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

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52

Advisor Perspectives

APRIL 24, 2024

Bitcoin's price slowly rose this week and currently sits near $66,000. BTC is up ~50% year to date. Here's the latest charts on three of the largest cryptocurrencies by market share through 4/23/24.

Marketing 52

Marketing Marketing 52

Norman Marks

APRIL 24, 2024

I am privileged to call Alexei Sidorenko “friend”. I first met him when he invited me to come to Moscow and speak at a risk management conference he organized, He is an experienced and insightful risk practitioner and CRO whose thoughts I listen to and recommend you do the same.

Risk Management 49

Risk Management Management Government 49

Advisor Perspectives

APRIL 24, 2024

The dynamics of fiscal and monetary policy are now entering a new phase. Due to the emergence of negative Net National Saving (NNS), the law of diminishing returns can no longer fully capture the harmful effect of debt on economic growth.

Economics 52

Economics 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

APRIL 24, 2024

Transcript of Episode 103 of 401(k) Real Talk.

68

68

Advisor Perspectives

APRIL 24, 2024

Finance in the 21st century is still too costly, and clubby. Besides, when compared with the instantaneous gratification in other aspects of our digital lives, money appears to move too slowly online.

52

52

Calculated Risk

APRIL 24, 2024

From the Philly Fed : The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for March 2024. Over the past three months, the indexes increased in 44 states, decreased in five states, and remained stable in one, for a three-month diffusion index of 78. Additionally, in the past month, the indexes increased in 41 states, decreased in two states, and remained stable in seven, for a one-month diffusion index of 78.

Manufacturing 55

Manufacturing Economics Banking Numbers 55