Thu.Apr 03, 2025

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March Employment Preview

Calculated Risk

On Friday at 8:30 AM ET, the BLS will release the employment report for March. The consensus is for 135,000 jobs added, and for the unemployment rate to be unchanged at 4.1%. From Goldman Sachs: We estimate nonfarm payrolls rose by 150k in March , slightly above consensus. We estimate that the unemployment rate was unchanged on a rounded basis at 4.1%. emphasis added From BofA: Nonfarm payrolls are likely to increase by a robust 185k in March , higher than consensus expectations of 135k, due to

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Preserving Autonomy in a Consolidating Wealth Management Landscape

Wealth Management

Advisors can leverage industry consolidation to grow their business while maintaining independence and delivering objective advice to clients.

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Hotels: Occupancy Rate Increased 4.4% Year-over-year (Easter Timing boosted YoY Occupancy)

Calculated Risk

From STR: U.S. hotel results for week ending 29 March On the positive side of the Easter calendar shift , the U.S. hotel industry reported increases across the key performance metrics, according to CoStars latest data through 29 March. 23-29 March 2025 (percentage change from comparable week in 2024): Occupancy: 65.1% (+4.4%) Average daily rate (ADR): US$161.65 (+2.5%) Revenue per available room (RevPAR): US$105.19 (+7.0%) emphasis added The following graph shows the seasonal pattern for the

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Largest Dividend ETFs Diverge in Exposure After Annual Reconstitutions

Wealth Management

Monitoring changes in U.S.-listed dividend-focused ETFs is important since this category had $504 billion in assets.

Assets 275
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Live Demo - Supercharge your Month End Close

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

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Friday: Employment Report, Fed Chair Powell Speaks

Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: At 8:30 AM ET, Employment Report for March. The consensus is for 135,000 jobs added, and for the unemployment rate to be unchanged at 4.1%.

Economics 162
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Savvy Advisors Jumps to $1.5B AUM With 5 Additions

Wealth Management

The RIA arm of platform provider Savvy Wealth was just at $1 billion in January but has grown by adding advisors, including from Morgan Stanley, Farther and Valeo.

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More Trending

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NewEdge Advisors Snags $1.4B Florida Team From Merrill Lynch

Wealth Management

The team of six advisors in Destin, Fla. will use Goldman Sachs for custody.

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Kitces & Carl Ep 161: How Valuable Is Getting Feedback About Your Original Business Ideas That Others May Not Get Anyway

Nerd's Eye View

Launching a new business venture is often a creative – and somewhat vulnerable – act. Whether it's opening a new firm, publishing a book, or even just posting on social media, each public-facing offering reflects many hours of ideation, refinement, and effort. When preparing to launch, advisors must typically answer two core questions: "Who will show up for this?

Clients 130
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How RIAs Can Move Beyond Referral Networks For Organic Growth

Wealth Management

Marketing and growth experts at RIA Edge Nashville discussed how advancements in client outreach and tracking have made it more realistic for even small RIAs to move beyond relying solely on referrals for new business.

Clients 263
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Ten Top Dividend Aristocrats – April 2025

Validea

The Dividend Aristocrats comprise a select group of S&P 500 companies defined by their consistent dividend growth record. To qualify, companies must have increased their dividend payments annually for at least 25 consecutive years. Currently, fewer than 70 companies meet these criteria, representing various sectors across the economy. This consistent dividend growth demonstrates these companies’ financial stability.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Q&A: How John Thiel Aims to Put Advisors Back on Top

Wealth Management

"The advisor keeps getting marginalized and resources taken away to give to shareholders. We felt like that was wrong.

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Tough But Fair

Random Roger's Retirement Planning

Markets got pasted today of course. I saw where this was the worst single day drop since one of the bad days during the 2020 Pandemic Crash. Ok, so a quick reminder that bad days have happened before, obvious statement. There have probably been more truly terrible market days than any of us could possible remember. I have no idea when this will end, I don't understand the rationale of what is going on and I have no idea if this will be a serious one or be like the one last August which turned ou

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Ethic Raises $64M, Led By State Street Global Advisors

Wealth Management

State Street Global Advisors, announced that it led a $64 million Series D equity investment in the personalized investing technology provider Ethic.

Ethics 260
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Buffett Valuation Indicator: March 2025

Advisor Perspectives

With the Q4 GDP third estimate and the March close data, we now have an updated look at the popular "Buffett Indicator" -- the ratio of corporate equities to GDP. The current reading is 209.6%, up slightly from the previous quarter.

Valuation 103
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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Can You Imagine What Your Clients Are Going Through?

Wealth Management

Learn why telling clients I can't imagine how you feel falls short and discover ways to support grieving clients, fostering genuine connections.

Clients 258
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[cdata[ Tax Document Retention: The Smart Audit Shield l Why Forever Matters ]]

oXYGen Financial

![CDATA[ Hopefully, you've completed your tax return and didn't need to file for an extension. Now, you might be wondering what to do with all the legal documents, receipts, and business papers used in your return. What should you keep, and what can you discard? Which Tax Documents Should You Keep and for How Long? As a general rule, you should retain all tax-related documents for at least.

Taxes 98
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Report: 40% of Clients Would Switch Advisors for Estate Planning Services

Wealth Management

As client expectations evolve, estate planning is no longer an afterthought for financial advisors.

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Will vs. Revocable Trust: What You Need to Know (And Why You Shouldn’t Wait)

Advisor Perspectives

Two of the most common estate planning tools to use are a Will and a Revocable Trust. Both essentially perform the same purpose, ensuring your wishes are fulfilled, but they do so in different ways. Understanding their differences can save your family from unnecessary probate, costs, and stress.

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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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Volatility, Higher Rates Didn’t Dull Q1 RIA M&A

Wealth Management

The first quarter saw a record number of M&A deals in the RIA space, according to DeVoe & Co., with firms having figured out how to do deals in higher interest-rate environments, one consultant said.

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The Total Return Roller Coaster: March 2025

Advisor Perspectives

Here's an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation? The purchasing power of your investment has increased to $19,313 for an annualized real return of 13.24%.

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Help Your Clients Understand the Importance of Staying Invested

Wealth Management

As hard as it is, its important to keep your clients focused on achieving their long-term objectives rather than making hasty moves that could put those objectives at risk.

Clients 230
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Secular Bull and Bear Market Trends: March 2025

Advisor Perspectives

The S&P 500 real monthly averages of daily closes reached a new all-time high in December 2024 but has retreated from it over the past few months. Let's examine the past to broaden our understanding of the range of historical bull and bear market trends in market performance.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Raymond James Adds $828M Arizona Team From RBC

Wealth Management

The advisory team includes brothers Brian and Michael Flader and Chris Young. The team will work out of Raymond James Scottsdale branch.

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SEI Forward: First quarter 2025

SEI

Uncertainty is one of the clear certainties of capital markets. There are times, however, when uncertainty feels morepresent. Read the Q1 SEI Forward.

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The Diamond Podcast for Financial Advisors: How Tax Planning Can Add Value to Clients and Your Business

Wealth Management

Steven Jarvis, the founder and CEO of Retirement Tax Services, offers advice on how a CPA can help increase the growth and enterprise value of an advisors business.

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Market Valuation, Inflation and Treasury Yields - March 2025

Advisor Perspectives

Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. This analysis focuses on the P/E10 ratio, key indicator of market valuation, and its correlation with inflation and the 10-year Treasury yield.

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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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Presidential Partisan Portfolios

A Wealth of Common Sense

Bill Sweet joined me on the show to answer questions about how TIPS are treated from a tax perspective, what to do with the proceeds from the sale of your house, when you should get an advisor in middle age and how adjustable rate mortgages work. Further Reading: When Buy and Hold Dies The post Presidential Partisan Portfolios appeared first on A Wealth of Common Sense.

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The S&P 500, Dow and Nasdaq Since 2000 Highs as of March 2025

Advisor Perspectives

Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the March 2025 close.

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Trade Deficit decreased to $122.7 Billion in February

Calculated Risk

The Census Bureau and the Bureau of Economic Analysis reported : The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $122.7 billion in February , down $8.0 billion from $130.7 billion in January, revised. February exports were $278.5 billion, $8.0 billion more than January exports. February imports were $401.1 billion, less than $0.1 billion less than January imports. emphasis added Click on graph for larger image.

Economics 205
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Unemployment Claims Down 6K, Lower Than Expected

Advisor Perspectives

In the week ending March 29th, initial jobless claims were at a seasonally adjusted level of 219,000. This represents a decrease of 6,000 from the previous week's figure. The latest reading was lower than the 225,000 forecast.

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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.