The Big Picture

JULY 6, 2023

My morning train WFH reads: • The global stock market rally isn’t as narrow as you think : “If you assign equal weights to the MSCI Europe, Japan and the US indices, this is the best start to a year since 1998, Lapthorne notes. In dollar terms the Nikkei 225 is off to its best start since 1999.” ( Financial Times ) • Meta’s ‘Twitter Killer’ App Is Coming : Meta, which owns Facebook and Instagram, teased a new app called Threads that is set to take on Twitter for real-time digital con

Asset Allocation 211

Asset Allocation Commission Distribution Assets 211

Abnormal Returns

JULY 6, 2023

Crypto What changed Blackrock's idea about crypto? (coindesk.com) Why so many celebrities got caught up in the crypto craze. (nytimes.com) Venture capital AI startups continue to gain venture interest. (news.crunchbase.com) Later stage companies are feeling the venture pullback. (venturebeat.com) Threads Hands on with Meta's ($META) Twitter clone, Threads.

Economics 175

Economics Startup Financial Advising Media 175

The Reformed Broker

JULY 6, 2023

Final Trades: Delta, Vertex, Cooper & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

141

141

Investment Writing

JULY 6, 2023

If you feel frustrated by coming up with topics for your financial blog, the journalist’s five Ws and one H can help. Below I share a list of 20 topics inspired by the five Ws and one H. As you brainstorm topics, think about how you can solve problems for members of your target audience. This will make your posts relevant to them. For help with this, read “ WHAT PROBLEM does this blog post solve for them?

Financial Planner 137

Financial Planner Financial Advisor Financial Planning Retirement 137

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

Calculated Risk

JULY 6, 2023

From the BLS: Job Openings and Labor Turnover Summary The number of job openings decreased to 9.8 million on the last business day of May , the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires and total separations were little changed at 6.2 million and 5.9 million, respectively. Within separations, quits (4.0 million) increased, while layoffs and discharges (1.6 million) changed little. emphasis added The following graph shows job openings (black line), hires

Numbers 130

Numbers Economy Marketing Marketing 130

Wealth Management

JULY 6, 2023

Our technology columnist points out that we have become a reviews-based culture, whether we are looking at cars, technology or services, and shopping for an advisor will soon follow suit.

120

120

A Wealth of Common Sense

JULY 6, 2023

There was a viral post on Twitter last week about an Airbnb revenue collapse: Sounds scary. According to Elon Musk’s money pit of a company, this tweet had millions of views. A lot of people wanted this to be true because it would show how fragile the housing market is these days. A crash at last! Alas, there was a follow-up fact-check tweet that called into question the veracity of the Airbnb collapse: I’ve.

Marketing 119

Marketing Marketing 119

Wealth Management

JULY 6, 2023

Boston Business Journal looked at which metros might have the most exposure to upcoming real estate debt maturities. EQT Exeter closed a $4.9 billion fund earmarked for U.S. industrial assets, reported Bisnow. These are among today’s must reads from around the commercial real estate industry.

Assets 117

Assets 117

Carson Wealth

JULY 6, 2023

The business succession process isn’t a “rainy day” task. It’s a living process that you should start as soon as possible. You’ve probably given it some thought and almost figured out how you want to transition your business, but an “almost” succession plan is no plan at all. Fill in the form below to download the checklist: Download the checklist today to get started.

Planning 98

Planning 98

Advertisement

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

JULY 6, 2023

Activist investor Jonathan Litt has tried to portray the sector as heading for a similar fate as traditional office buildings. Market data and investor activity paint a much more complex picture.

Assets 111

Assets Marketing Marketing 111

NAIFA Advisor Today

JULY 6, 2023

When Aaron Gose, WMCP®, FSCP® , started his career as an engineer, he could tell there was something missing. He loved problem-solving but found he was more curious about how projects were funded rather than how they were designed and built.

Engineering 98

Engineering 98

Wealth Management

JULY 6, 2023

Jeremy Holly, who left the broker/dealer in 2021 to join SageView Advisory Group, has returned to lead strategic business development.

102

102

Million Dollar Round Table (MDRT)

JULY 6, 2023

By Carla Brown, FPFS We need to be where our potential clients are, and nine out of 10 internet users are now on social media. Most of them will spend a whopping 144 minutes a day on social media. People refer to people they know, like and trust. Social media can be a powerful tool to connect with your audience, build trust and increase your credibility.

Media 83

Media Clients Marketing Marketing 83

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

AdvicePay

JULY 6, 2023

At AdvicePay, our commitment to our customers goes beyond providing a platform. We constantly strive to deliver features that boost productivity, streamline workflows, and drive your success. In line with our dedication to meeting your needs, we are thrilled to introduce new game-changing features: extending a pause on a client's subscription and sending fee change reminders.

Clients 78

Clients 78

Prosperity Coaching

JULY 6, 2023

Einstein was a genius and the insanity quote is often attributed to him. But why is this a popular quote? I believe it’s because we are all guilty of repeating the same behavior over and over again and then being surprised when it doesn’t yield results. Too comfortable Back in […] The post Are You Insane? Are You Doing the Same Things Over and Over and Expecting Different Results?

84

84

Wealth Management

JULY 6, 2023

Meta’s Twitter alternative launched Thursday amid the ongoing feud between Mark Zuckerberg and Elon Musk.

103

103

Discipline Funds

JULY 6, 2023

At the beginning of this year we said that the Fed would move to 5% on the overnight rate and sit tight for the remainder of the year as we navigate the uncertainty of the economic environment. It’s been a bumpy road along the way with the bank failures and disinflation, but the more recent economic data points to the Fed remaining “higher for longer” While our base case is a “muddle through” economy for the next few years the “higher for longer” case ex

Taxes 65

Taxes Economics Economy Accounting 65

Advertisement

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

JULY 6, 2023

It’s time for a paradigm shift in the conversation with advisors.

Marketing 121

Marketing Marketing 121

Advisor Perspectives

JULY 6, 2023

The ADP employment report showed that 497K nonfarm private jobs were added in June, a pick up from the 267K jobs added last month. The latest figure is more than double the forecast of 228K new private jobs.

59

59

Wealth Management

JULY 6, 2023

In nearly 40 years, small caps have gone from fad to a fundamental asset class.

Investing 111

Investing Investments Assets 111

Advisor Perspectives

JULY 6, 2023

Here is an updated comparison of four major secular bear markets: the Crash of 1929, the Oil Embargo of 1973, the Tech Bubble, and the Financial Crisis. The numbers are through the June 30, 2023 close.

Marketing 59

Marketing Marketing Numbers 59

Advertisement

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

Wealth Management

JULY 6, 2023

Some of the biggest bond managers are sticking to their bullish view on the market for US government debt, even as that trade looks riskier by the day.

Government 84

Government Management Marketing Marketing 84

Calculated Risk

JULY 6, 2023

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 4.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 30, 2023. Last week’s results included an adjustment for the Juneteenth holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.4 percent on a seasonally adjusted basis from one week earlier.

Marketing 58

Marketing Marketing 58

Wealth Management

JULY 6, 2023

These funds lost the most money over the last 30 days.

103

103

Calculated Risk

JULY 6, 2023

On Friday at 8:30 AM ET, the BLS will release the employment report for June. The consensus is for 200,000 jobs added, and for the unemployment rate to be unchanged at 3.7%. There were 339,000 jobs added in May, and the unemployment rate was at 3.7%. From BofA economists: "Nonfarm payrolls likely rose by 250k in June after adding 339k jobs in May. Given our forecasts of the participation rate and nonfarm payroll growth, we expect the unemployment rate will fall from 3.7% to 3.6%.

Manufacturing 58

Manufacturing Numbers Marketing Marketing 58

Advertisement

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

JULY 6, 2023

Traditional financial firms like Goldman Sachs, BlackRock and JPMorgan have taken only baby steps into the realm of digital assets. But the pace of their strides is picking up.

Assets 56

Assets 56

Calculated Risk

JULY 6, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Employment Report for June. The consensus is for 200,000 jobs added, and for the unemployment rate to be unchanged at 3.7%.

55

55

Advisor Perspectives

JULY 6, 2023

India's growth initiatives and demographics may help its economy continue to advance; its stocks seem to have priced in high expectations for the world's fifth-largest economy.

Economy 52

Economy 52