Navigating the Complexities of Medicare in Financial and Estate Planning
Wealth Management
JUNE 12, 2024
Four key considerations for advisors regarding Medicare.
Wed.Jun 12, 2024
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MBA: Mortgage Applications Increased in Weekly Survey
Calculated Risk
JUNE 12, 2024
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 15.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 7, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 15.6 percent on a seasonally adjusted basis from one week earlier.
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T. Rowe Price CIO: Current Market Conditions 'Not the Time to Be a Hero'
Wealth Management
JUNE 12, 2024
The chief investment officers for T. Rowe Price and Schwab Asset Management discussed disconnects between how RIAs and retail investors view current opportunities.
Cleveland Fed: Median CPI increased 0.2% and Trimmed-mean CPI increased 0.1% in May
Calculated Risk
JUNE 12, 2024
The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% in May. The 16% trimmed-mean Consumer Price Index increased 0.1%. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report".
Live Demo - Supercharge your Month End Close
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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
FactSet Invests $12.5M In Aidentified
Wealth Management
JUNE 12, 2024
The funding will be put toward research and development, hiring and enhancements to data quality.
Personal finance links: freedom and wealth
Abnormal Returns
JUNE 12, 2024
Podcasts Barry Ritholtz talks with Larry Swedroe about avoiding distractions. (ritholtz.com) Katie Gatti Tassin talks with Katy Song of Domain Money about how to break up with your financial advisor. (podcast.moneywithkatie.com) Thomas Kopelman and Jacob Turner talk about finding your enough. (podcasts.apple.com) Sam Parr talks with the owner of a 24,000 square foot house.
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More Trending
When Are Advisors (Financially) Liable For Negligent Investment Advice? (And Who Pays For It)
Nerd's Eye View
JUNE 12, 2024
Financial advisors, as professionals whose clients rely on their advice to make financial decisions, are legally and financially responsible for the advice that they give. For example, if an advisor recommends an investment that prioritizes the commission they would receive rather than any benefit the client would derive from it, they could incur fines and sanctions for violating their fiduciary duty as an advisor.
Reimagining the Client Experience for the Next Generation of Financial Decision-Makers
Wealth Management
JUNE 12, 2024
Significant demographic shifts amongst those who hold wealth in the US illuminate an opportunity for financial firms to position themselves ahead of the curve.
YoY Measures of Inflation: Services, Goods and Shelter
Calculated Risk
JUNE 12, 2024
Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year. This declined, but has turned up recently, and is now up 5.0% YoY. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through May 2024.
Robbie Robertson’s Children Accuse Widow of Financial Elder Abuse
Wealth Management
JUNE 12, 2024
The late musician's Beverly Hills home is at the center of the dispute.
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
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.
BLS: CPI Unchanged in May; Core CPI increased 0.2%
Calculated Risk
JUNE 12, 2024
From the BLS : The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in May on a seasonally adjusted basis, after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.3 percent before seasonal adjustment. More than offsetting a decline in gasoline, the index for shelter rose in May, up 0.4 percent for the fourth consecutive month.
Crypto Is Now Part of the Charitable Conversation
Wealth Management
JUNE 12, 2024
Are you ready to help your clients and the next generations of their families?
Thursday: Unemployment Claims, PPI
Calculated Risk
JUNE 12, 2024
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 226 thousand initial claims, down from 229 thousand last week. • Also at 8:30 AM, The Producer Price Index for May from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.3% increase in core PPI.
The Healthy Advisor: The Juggle Is Real With Anna Howard and Kimberly Sanders
Wealth Management
JUNE 12, 2024
LPL executives Anna Howard and Kimberly Sanders are both highly accomplished leaders in wealth management.
2025 Industry Index: How Top Advisors Are Scaling Smarter (and Faster) This Year
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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
Wednesday links: unknown risks
Abnormal Returns
JUNE 12, 2024
Markets Momentum thrusts have to burn out at some point. (mrzepczynski.blogspot.com) Nothing compares to the Nasdaq Internet bubble. (theirrelevantinvestor.com) Strategy Small advantages, consistently applied compound over time. (fortunesandfrictions.com) How to use TIPS in your portfolio. (morningstar.com) Health Why Eli Lilly's ($LLY) Alzheimer's treatment is controversial.
Adjusted for Risk: Envestnet's Dana D'Auria on the Importance of Offering Personalized Investments at Scale
Wealth Management
JUNE 12, 2024
Envestnet's Dana D'Auria discusses what the driving forces are behind this shift to personalized investments and what they look like.
Animal Spirits: Addicted to Trading
A Wealth of Common Sense
JUNE 12, 2024
Today’s Animal Spirits is brought to you by Nasdaq and Fabric: See here for more information on Nasdaq’s ETF ecosystem Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life On today’s show, we discuss: Daily TSA travel data still strong The loneliness of the American worker Why the recession still isn’t here Americans have more investment income than e.
Dynasty-Backed Summit Trail Adds $3B Group From BMO
Wealth Management
JUNE 12, 2024
The former Key Client Group has 10 financial professionals across the country and establishes footholds for Summit Trail in Portland, Ore. and Denver.
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.
Wading Into Quantitative Investment Strategies
Random Roger's Retirement Planning
JUNE 12, 2024
Bloomberg had a longish writeup about quantitative investment strategies or QIS. The very basic idea seems to be that it is in the neighborhood of being strategy replication. From the article, QIS are usually structured products or swaps that target risk premia with the following list of different strategies provided in the article. Risk premia is a fancy term often ascribed to alternative strategies.
Focused on the Future Podcast: TIFIN's Vinay Nair on AI and Embracing Reinvention
Wealth Management
JUNE 12, 2024
TIFIN's founder discusses the opportunities and challenges AI presents and the importance of adaptability for achieving success.
Inside the Consumer Price Index: May 2024
Advisor Perspectives
JUNE 12, 2024
Let's do some analysis of the Consumer Price Index, the best-known measure of inflation. The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each. The pie chart illustrates the components of the Consumer Price Index for Urban Consumers, the CPI-U.
Corporate Transparency Act Q&A
Wealth Management
JUNE 12, 2024
Our experts provide answers to some common questions.
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.
The Role of Referrals in a Successful Prospecting Strategy
Advisor Perspectives
JUNE 12, 2024
Consider toning your prospecting efforts by prioritizing referrals and integrating them into your broader strategy for sustainable growth.
Where The Gaps Are in Estate Planning
Wealth Management
JUNE 12, 2024
Trust & Will's Andrew Mazabel discusses what's at stake for advisors that don't offer estate planning as a service.
ITC Future Plans: Strategic Demerger and Growth of ITC Hotels
Trade Brains
JUNE 12, 2024
ITC: ITC, with a legacy spanning over a century, has been a stalwart since its establishment on August 24, 1910. Originating as a tobacco and cigarette manufacturer, the company has evolved significantly. It now encompasses a wide array of sectors including hotels, paperboards, FMCG, packaging, and agribusiness. ITC Hotels, the company that brought meaning to the phrase “responsible luxury,” has announced its demerger.
Looking at Investment Tools Through an Income Filter
Wealth Management
JUNE 12, 2024
Sound Income Strategies CEO David Scranton describes why growth might not be the only goal of clients nearing retirement.
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.
Inflation Since 1872: A Long-Term Look at the CPI
Advisor Perspectives
JUNE 12, 2024
The Consumer Price Index for Urban Consumers (CPI-U) released for May puts the year-over-year inflation rate at 3.27%. The latest reading keeps inflation below the 3.74% average since the end of the Second World War for the 12th straight month. However, inflation remains above the 10-year moving average which is now at 2.81%.
Differentiating in the RIA Custodial Space
Wealth Management
JUNE 12, 2024
Goldman Sachs' Jeremy Eisenstein talks about creating choice and growth potential for RIAs in the custodial space.
Consumer Price Index: Inflation Cools to 3.3% in May
Advisor Perspectives
JUNE 12, 2024
Inflation cooled for a second straight month in May. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 3.3% year-over-year while core CPI cooled to 3.4%. Both readings were lower than their respective forecasts.
401(k) Real Talk Transcript for June 12, 2024
Wealth Management
JUNE 12, 2024
Transcript of Episode 109 of 401(k) Real Talk.
Book of Secrets on the Month-End Close
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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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