Fri.Sep 09, 2022

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Fed's Flow of Funds: Household Net Worth Decreased $6.1 Trillion in Q2

Calculated Risk

The Federal Reserve released the Q2 2022 Flow of Funds report today: Financial Accounts of the United States. The net worth of households and nonprofits fell to $143.8 trillion during the second quarter of 2022. The value of directly and indirectly held corporate equities decreased $7.7 trillion and the value of real estate increased $1.4 trillion. Household debt increased 7.4 percent at an annual rate in the second quarter of 2022.

Nonprofit 363
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Grocery-Anchored Shopping Centers Remain in Demand. But They Are Going Mostly to Private and All-Cash Buyers.

Wealth Management

The era of aggressive outlier bids for grocery-anchored shopping centers is over as capital costs rise, say the sector’s players.

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Weekly Initial Unemployment Claims decrease to 222,000

Calculated Risk

The DOL reported : In the week ending September 3, the advance figure for seasonally adjusted initial claims was 222,000 , a decrease of 6,000 from the previous week's revised level. The previous week's level was revised down by 4,000 from 232,000 to 228,000. The 4-week moving average was 233,000, a decrease of 7,500 from the previous week's revised average.

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You Need More Client Friendships

Wealth Management

If you’re looking to make friends in your business, get tactical.

Clients 312
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2025 Industry Index: How Top Advisors Are Scaling Smarter (and Faster) This Year

Where are top advisors focusing in 2025? AcquireUp’s 2025 Industry Index reveals it all. Based on insights from 200+ financial professionals nationwide, discover why 74% say seminars and referrals deliver the best ROI, how automation is helping advisors scale faster, and why only 8% are tapping into niche marketing (a major growth opportunity!). Whether you're refining your client acquisition strategy or scaling your practice, this report gives you the real-world data, benchmarks, and action ste

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FDIC: Problem Banks Unchanged, Residential REO Decreased Slightly in Q2 2022

Calculated Risk

The FDIC released the Quarterly Banking Profile for Q2 2022 this morning: Quarterly net income totaled $64.4 billion in second quarter 2022 , a reduction of $6.0 billion (8.5 percent) from the same quarter a year ago. Loans and leases that are 30-89 days past due (past-due loan balances) increased from the year-ago quarter (up $11.4 billion, or 25.0 percent).

Banking 349
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WealthManagement.com Recognizes Top Companies, Execs at 2022 Industry Awards

Wealth Management

The eighth-annual event featured 105 awards presented to 84 companies and individuals from a pool of 225 finalists.

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More Trending

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RIA CEOs: Client Experience and Capabilities to Shape the Next 10 Years

Wealth Management

Advisors can no longer differentiate themselves solely on being a fiduciary or managing a portfolio.

Clients 299
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1970 Maserati Ghibli 4.7 Coupe

The Big Picture

Introduced at the 1966 Turin Motor Show, the Ghibli was styled by Giorgetto Giugiaro with Carrozzeria Ghia. Dual air vents in its hood, chrome fender vent spears, and what looks like the longest bonnet ever made created a unique design for this Maserati V8 grand tourer. American magazine Sports Car International named it number 9 on its list of Top Sports Cars of the 1960s.

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Three Planning Steps For Clients That Own Artwork

Wealth Management

Keeping an inventory, categorizing and managing clients' art will help to minimize taxes and prevent their beneficiaries from being taken advantage of.

Clients 290
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Leading Index for Commercial Real Estate "Dips" in August

Calculated Risk

From Dodge Data Analytics: Dodge Momentum Index Dips in August The Dodge Momentum Index (DMI) ticked down by 1.2% in August to 171.9 from the revised July figure of 174.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year.

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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

Speaker: Claire Grosjean, Global Finance & Operations Executive

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Four Ways Clients Can Access Their Home Equity

Wealth Management

Inflation and higher interest rates make it more difficult for homeowners to absorb the costs associated with traditional equity financing.

Clients 290
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Weekend Reading For Financial Planners (Sept 10-11)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that as Millennials grow their wealth, they could be increasingly turning to financial advisors for guidance. But amid competition from large asset managers and broker-dealers, advisors can consider how they can shape their service offerings and fee structures to attract Millennials and build client relationships that could last for decades to come.

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Sanctuary Taps Former Merrill Research Head as Chief Investment Strategist

Wealth Management

Mary Ann Bartels spent more than two decades at Merrill Lynch, where she created research that advisors and clients used to make investment and portfolio decisions.

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Podcast links: the future is video

Abnormal Returns

Business Patrick O'Shaughnessy talks with Jay Goldberg about the rise of AMD ($AMD). (joincolossus.com) Benjamin Gilbert and David Rosenthal talk about the history of Amazon Web Services. (acquired.fm) Ali Griswold talks with Eliot Brown, co-author of "The Cult of We: WeWork and the Great Startup Delusion." (oversharing.substack.com) Tom Dotan and Eric Newcomer talk with Mark Bergen author of "Like, Comment, Subscribe: Inside YouTube’s Chaotic Rise to World Domination.

Startup 190
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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Mindy Diamond on Independence: One-on-One with Focus Financial's Rudy Adolf

Wealth Management

Industry legend Rudy Adolf describes how the idea of Focus Financial Partners came to be, filling a gap in how independent financial advisors accessed capital, resources and monetized their life’s work, plus the firm’s journey as a public company, their growth, how they are further evolving and more.

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Come Join Us in Huntington Beach!

The Big Picture

Last day before travel. The beach is prepped, stages are going up, the food trucks are ready. All of the prep calls with the panels are done, and we will soon be traveling to California for what looks top be an absolutely groundbreaking, amazing event. Going through my checklist: Prep panels and interviews (?), haircut (?). All that’s is left to pack.

Food 187
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401(k) Real Chat: Kevin Collins

Wealth Management

Retirement industry thought leaders answer three probing questions on critical issues providing an open, honest and candid dialogue.

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Will the Surging Dollar Crash the Global Economy?

Pragmatic Capitalism

Here’s a new 3 Minute Money. In this video I discuss the implications of the surging US Dollar: Why is the USD surging despite rising inflation? What does this signal [ … ].

Economy 130
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How to Avoid Pitfalls In Automation: Keep Humans In the Loop

Speaker: Erroll Amacker

Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.

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Nine Must Reads for the CRE Industry Today (Sept. 9, 2022)

Wealth Management

Climate change might worsen supply chain issues in the future, warns The New York Times. The Real Deal takes a close look at Prologis CEO Hamid Moghadam. These are among today’s must reads from around the commercial real estate industry.

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The Battle to Remain Bullish

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Brian Belski, and Downtown Josh Brown discuss the earnings outlook, multiple compression, the labor market, odds of a recession, the next rate hike, permabears, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Marketing 130
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The Bullish Case

The Irrelevant Investor

It’s always easier to come up with a list of things that can go wrong than a list of things that can go right. That’s especially the case today. It seems like everyone is bearish due to a combination of inflation, rising rates, the fed trying to slow demand, falling stocks, and housing rolling over. But a lot of the economic data doesn’t seem to be cooperating with the bearish narrative.

Economics 126
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Reality is Messier Than Spreadsheets

A Wealth of Common Sense

A reader asks: We are used to seeing financial planning advice based on a constant savings rate over long periods of time, but I am trying to reconcile this with the realities of life. For context, we are a married couple in our mid-30s who strive for a savings rate of 30% of gross income. Prior to becoming parents and purchasing a home (age 30-35), we were living significantly below our means and had a savings rate of 40.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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WMRE’s Guide to Investing in CRE: Third Quarter Review

Wealth Management

Sept.

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Brand Values and Long-Term Stock Returns

Alpha Architect

An equal-weighted portfolio of Best Brands (BBs) in the U.S. earns an excess return of 25 to 35 bps per month during the period 2000-2020. This result is remarkably robust across various factor models and therefore is not driven by exposure to common (risk) factors. The excess returns of the BB portfolio are not due to firm characteristics, industry composition, or small-cap stocks.

Portfolio 109
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Stock investors gauge risk ahead of midterms.

Nationwide Financial

We’re entering a historically perilous time in the stock market, with September and October generally being poor months for equity returns. Moreover, the U.S. midterm elections are on the horizon, meaning the coming weeks could be uncertain and emotionally charged. But if there’s a silver lining for investors in the current market environment, it’s in anticipating what the stock market may have in store following the upcoming midterms.

Valuation 105
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1st Look at Local Housing Markets in August, Sales and New Listings Down Sharpy Year-over-year

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in August A brief excerpt: This is the first look at local markets in August. I’m tracking about 35 local housing markets in the US. Some of the 35 markets are states, and some are metropolitan areas. I’ll update these tables throughout the month as additional data is released.

Sales 100
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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?

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Talk Your Book: Fixing Fixed Income

A Wealth of Common Sense

Today’s Talk Your Book is brought to you by IMTC: On today’s show, we spoke with Russell Feldman, CEO of IMTC about revolutionizing the fixed income investment process. On today’s show we discuss: Intricacies of the fixed income market Trading stocks vs. bonds What problem IMTC is solving What type of analytics and data IMTC is providing Allocation vs. optimization Product use cases Risk management within fixe.

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3 quick ideas to increase productivity and sales

Million Dollar Round Table (MDRT)

By Michael DePilla, MDRT in-language content strategist To streamline your sales cycle, try these ideas from MDRT members around the world. A compelling future. Go away from the old sales techniques and embrace the future of our industry by using lifetime cash flow forecasting, life planning and discretionary investment management to create a more compelling future for your clients.

Sales 98
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Is it Better to Invest Through Recessions or to Avoid Them?

Mullooly Asset Management

A common misconception amongst investors is that investment returns would be better if they could somehow avoid recessions. But is that actually true? In this week’s podcast, Brendan and Casey settle this debate once and for all. They share historical statistics about investing through past recessions and get in to what these numbers mean for […] A common misconception amongst investors is that investment returns would be better if they could somehow avoid recessions.

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5 Best Investment Hedges Against Inflation

Good Financial Cents

The US Bureau of Labor Statistics has reported the most recent inflation rate is at 8.6%. The problem is compounded by the Russian invasion of Ukraine, and a chain of supply shortages affecting everything from food to energy to computer chips. Meanwhile, the Federal Reserve is attempting to turn back the tide by increasing interest rates. The combination of rising inflation and interest rates is putting a serious squeeze on investment portfolios and household budgets across the nation.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.