The Big Picture

JULY 18, 2023

My Two-for-Tuesday train WFH reads: • Good News-Bad News About the Economy : The hard part about markets and the economy is that there are often conflicting signals about what’s going on. Even when things are good there are ominous signs about impending doom. And even when things are bad there are promising signs of impending improvement. I would describe the current situation as much better than expected considering the circumstances but there are still plenty of risks on the horizon. ( A Wealt

Portfolio Management 237

Portfolio Management Economy Assets Management 237

Abnormal Returns

JULY 18, 2023

Threads Casey Newton, "To Zuckerberg, the concept [Threads] has been proved out. The rest is simply an execution problem." (platformer.news) Threads is still very much a Meta ($META) product. (honest-broker.com) Prior social media companies were built on the fly. Threads can avoid that problem. (theatlantic.com) AI Meta ($META) is open-sourcing LLaMA 2.

Financial Advising 224

Financial Advising Media Financial Advisor Communication 224

Nerd's Eye View

JULY 18, 2023

Welcome back to the 342nd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Nancy Hetrick. Nancy is the Founder and CEO of Smarter Divorce Solutions, a consulting firm based in Phoenix, Arizona that provides financial expertise to individuals and couples (and sometimes, mediators and attorneys) going through the divorce process.

Financial Planning 151

Financial Planning Planning Financial Advisor Financial Planner 151

Abnormal Returns

JULY 18, 2023

Active management Active management is an exercise in wealth transfer. (wealthmanagement.com) Do multi-tasking fund managers underperform? (alphaarchitect.com) More concentrated portfolios show more return dispersion. (alphaarchitect.com) Active bond fund managers still charge too much. (ft.com) ESG Why sustainable investors need to be willing to accept lower returns.

Management 196

Management Portfolio Investing Investments 196

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

The Reformed Broker

JULY 18, 2023

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Earnings Season – Morgan Stanley, Bank of America, Charles Schwab, JB Hunt. ►Goldilocks – A new goldilocks period for equities ►Credit Crunch – Is this the start of it?

Banking 130

Banking Investing Investments Marketing 130

The Reformed Broker

JULY 18, 2023

Final Trades: Quest Diagnostics, Keysight & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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130

Wealth Management

JULY 18, 2023

The second quarter earnings report was the first since Lindsay Hans and Eric Schimpf took over as co-presidents of the division. They succeeded Andy Sieg, who departed for Citigroup in May.

Banking 98

Banking Clients 98

Advisor Perspectives

JULY 18, 2023

Falling airfare prices in the U.S. don’t appear to have any effect on airlines’ revenue, according to Goldman Sachs. In fact, Delta just reported record revenue and profits in the June quarter.

98

98

Wealth Management

JULY 18, 2023

While fundraising levels have declined a bit from previous years, consistent returns, tax credits and lower risk continue to attract equity from a variety of investor types.

Taxes 98

Taxes 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

Discipline Funds

JULY 18, 2023

If you looked at a chart of the yield curve (YC) in the USA you’d be absolutely convinced that this indicator is a recession predictor. After all, it has a nearly flawless track record predicting recessions in the USA. But if you looked outside the USA the data is much more mixed. This 2010 NBER paper found that the yield curve i s not as predictive as you might think if you only looked at US data.

Economy 97

Economy Economics Marketing Marketing 97

Wealth Management

JULY 18, 2023

LPL is currently searching for a new CMO, with Heather Carter planning to depart after the firm’s annual advisor conference next month.

Communication 98

Communication Marketing Marketing Planning 98

Million Dollar Round Table (MDRT)

JULY 18, 2023

By Mike Beirne, MDRT Round the Table editor Taking part in a longstanding tradition and recharging professionally, MDRT members gathered from around the world in Nashville, Tennessee, USA, for the 2023 Annual Meeting, which was held from June 25 to 28, to share best practices and tips. Here are a few of those ideas excerpted from Round the Table. Sell the appointment It’s very important that I do not sell or give a presentation to my client’s friend during the introduction meeting with the clien

Clients 82

Clients Sales 82

Wealth Management

JULY 18, 2023

The Innovator Equity Defined Protection ETF, which began trading under the ticker TJUL, offers investors complete downside protection.

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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

A Wealth of Common Sense

JULY 18, 2023

There are many definitions of wealth. Some people equate wealth to your income level. Others assume having a lot of stuff must mean you’re wealthy. Still others believe there is a specific number followed by a few zeroes and some commas that define wealth. Your financial situation is some combination of math and emotions so a rich life means different things to different people.

Math 70

Math Numbers 70

Wealth Management

JULY 18, 2023

By addressing these issues, entrepreneurs can better protect their assets and those of their heirs.

Planning 98

Planning Assets 98

The Irrelevant Investor

JULY 18, 2023

Today’s Animal Spirits is brought to you by Argent Capital: See more information here for Argent Capitals Mid Cap Strategy On today’s show, we discuss: The stock market’s up big this year — but not because of earnings growth Investors Are Bailing on Cathie Wood’s Popular ARK Fund Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind Europeans Are Becoming Poorer. ‘Yes, We’re.

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65

Wealth Management

JULY 18, 2023

As Jerry Maguire wrote, deeper relationships with fewer clients is the future.

Clients 98

Clients 98

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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

Validea

JULY 18, 2023

As earnings reports roll in over the next few weeks, the $10 trillion global stock market will face a crucial test, according to an article in Bloomberg. S&P 500 companies are forecasting a profit loss of 9% for the second quarter, and the drop may be as big as 12% in Europe. What will happen next is up for debate. Some strategists are skeptical that companies will be able to rebound in the second half of the year, and market watchers will be paying careful attention to following: The AI Eff

Marketing 52

Marketing Marketing Wealth Management Valuation 52

Wealth Management

JULY 18, 2023

A huge range of talent — from chefs to nannies to accountants — are being hired by the wealthy and managed by their family offices.

Accounting 82

Accounting Management 82

Trade Brains

JULY 18, 2023

Best Volatility Indicators : Markets move very quickly, and to gain the advantage of fast-moving markets, volatility trading is a great way to potentially capture the uncertainty or any big events in the market. Volatility trading with technical analysis helps traders to gain the opportunity of trend breakouts and entry/exit signals to manage the risk in placed positions.

Management 52

Management Marketing Marketing Portfolio 52

Wealth Management

JULY 18, 2023

Do credit spreads provide information on the economy and equity markets?

Economy 98

Economy Marketing Marketing 98

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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

Calculated Risk

JULY 18, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Housing Starts for June. The consensus is for 1.450 million SAAR, down from 1.631 million SAAR in May. • During the day: The AIA's Architecture Billings Index for June (a leading indicator for commercial real estate).

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Validea

JULY 18, 2023

As earnings reports roll in over the next few weeks, the $10 trillion global stock market will face a crucial test, according to an article in Bloomberg. S&P 500 companies are forecasting a profit loss of 9% for the second quarter, and the drop may be as big as 12% in Europe. What will happen next is up for debate. Some strategists are skeptical that companies will be able to rebound in the second half of the year, and market watchers will be paying careful attention to following: The AI Eff

Marketing 52

Marketing Marketing Wealth Management Valuation 52

Calculated Risk

JULY 18, 2023

Today, in the Calculated Risk Real Estate Newsletter: NMHC: "Apartment Market Continues to Loosen" A brief excerpt: Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC’s) Quarterly Survey of Apartment Market Conditions for July 2023, as the Market Tightness (26), Sales Volume (40), Equity Financing (22) and Debt Financing (18) indexes all came in well below the breakeven level (50). • The Market Tightness Index came in at 26 this quarter – below th

Marketing 52

Marketing Marketing Sales 52

Wealth Management

JULY 18, 2023

In the fast-evolving wealth management industry, professionals and investors eagerly await the hottest trends to shape their strategies over the next 12 months. Hear what trends the experts at Wealth Management 2023 will be keeping an eye on over the coming months.

Wealth Management 52

Wealth Management Management 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

Calculated Risk

JULY 18, 2023

On a monthly basis, retail sales were up 0.2% from May to June (seasonally adjusted), and sales were up 1.5 percent from June 2022. From the Census Bureau report : Advance estimates of U.S. retail and food services sales for June 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $689.5 billion, up 0.2 percent from the previous month , and up 1.5 percent above June 2022.

Retail 52

Retail Sales Food 52

Validea

JULY 18, 2023

While growth stocks have led the market over the last decade and a half, there’s never been one particular investing style that is a permanent, surefire approach—which is why many analysts and investors believe that value investing is due for a comeback, contends an article in Fidelity. Value stocks—high-quality companies selling at lower valuations—outperformed growth much of last year, with the Russell 1000 Value Index beating its growth counterpart by 20%.

Investing 52

Investing Investments Valuation Insurance 52

Calculated Risk

JULY 18, 2023

From the Fed: Industrial Production and Capacity Utilization Industrial production declined 0.5 percent in June for a second consecutive month but advanced 0.7 percent at an annual rate for the second quarter as a whole. Manufacturing output moved down 0.3 percent in June but rose 1.5 percent in the second quarter. In June, the indexes for mining and utilities fell 0.2 percent and 2.6 percent, respectively.

Manufacturing 52

Manufacturing 52