Nerd's Eye View

AUGUST 23, 2023

Charitable Gift Annuities (CGAs) have long been a popular way for individuals with charitable intentions to plan their legacies. By contributing a lump sum to a charity in exchange for fixed recurring payments for life (with any leftover funds after the donor's death going to the charity), the individual can ensure that their funds are directed towards a purpose that aligns with their values, while also retaining a steady source of income for the rest of their life.

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Taxes Retirement Clients Estate Planning 229

Abnormal Returns

AUGUST 23, 2023

Real estate A house is a place to live, not an investment. (bestinterest.blog) Baby Boomer wealth is concentrated in real estate which they will leave to their children. (awealthofcommonsense.com) A mortgage is only one of many costs of home ownership. (thomaskopelman.com) What it's like to return to apartment living after owning a house. (dwell.com) Another example of the challenges of rental real estate.

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Estate Planning Retirement Communication Taxes 228

Wealth Management

AUGUST 23, 2023

“United Capital was an entrepreneurial firm, based on doing great things and having freedom and being able to function with autonomy. And then you go to a firm where you are completely locked down,” said one former Goldman Sachs advisor.

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Abnormal Returns

AUGUST 23, 2023

Strategy Better investing comes from better decision making. (ritholtz.com) Quant strategies are not free from human input. (blog.validea.com) The only way to learn about investing is actually putting money on the line. (flyoverstocks.com) Expertise does not shield you from failure. (portfoliocharts.com) Finance Zero-day options are coming to Europe.

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Communication Financial Advising Media Economy 193

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 Irrelevant Investor

AUGUST 23, 2023

The era of low interest rates is over. In the blink of an eye, the Fed went from punishing savers to punishing borrowers. If you’re depending on income to fund your retirement, 5% rates are a blessing. But if you’re in need of credit, current rates are a curse. For years and years, investors bemoaned that the Fed was forcing them out on the risk curve.

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Retirement 92

Wealth Management

AUGUST 23, 2023

David Canter will transition to a senior strategic advisor role, while Bluespring conducts a search for a new president.

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Advisor Perspectives

AUGUST 23, 2023

With the path of least resistance for stocks seemingly lower for now, key to watch will be a stabilization in interest rate volatility and clarity on the path of monetary policy.

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Marketing Marketing 52

Wealth Management

AUGUST 23, 2023

Sen. Feinstein accuses trustees of late husband’s trust of elder abuse in newest lawsuit.

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Advisor Perspectives

AUGUST 23, 2023

Several factors point to why this is an exceptional time to invest in small-cap stocks. Small-cap stocks tend to outperform after inflation peaks and in the aftermath of recessions. Small-cap valuations are at 20-plus-year lows relative to large-cap equities. Earnings revisions for small caps are stabilizing and beginning to outpace those of large caps.

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Valuation Investing Investments Marketing 52

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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

Wealth Management

AUGUST 23, 2023

Open, honest and candid discussions about the latest news in the RPA industry.

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Trade Brains

AUGUST 23, 2023

Tata Chemicals Vs Aarti Industries: Chemical companies were the trend a few quarters ago with almost all of them giving multi-bagger returns. However, the margins and volume came down, and so did the stock prices. However, they are in fashion again with heavy CAPEX announcements. Are they expanding for a brighter future and are attractive to investors again?

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Planning Pharmaceutical Manufacturing Accounting 52

Wealth Management

AUGUST 23, 2023

The agency has previously lost on this issue in several cases.

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Calculated Risk

AUGUST 23, 2023

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 244 thousand initial claims, up from 239 thousand last week. • Also at 8:30 AM, Chicago Fed National Activity Index for July. This is a composite index of other data. • Also at 8:30 AM, Durable Goods Orders for July from the Census Bureau.

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Manufacturing 52

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

Wealth Management

AUGUST 23, 2023

These funds took in the most money over the past 30 days.

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Indigo Marketing Agency

AUGUST 23, 2023

Ah, millennials—those dynamic individuals who’ve reshaped everything from sustainability to dining norms. These trendsetters now form the bulk of the global workforce, and as they ascend, they’re on the lookout for financial advisors who understand their evolving financial landscape. Why Engaging With Millennial Clients Matters Sure, millennials have been stereotyped as entitled and impatient, but there’s more to them than meets the eye.

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Financial Advisor Clients Retirement Planning Financial Advice 52

Diamond Consultants

AUGUST 23, 2023

UBS advisors describe a culture defined by wins and losses—and they are asking tough questions about what the future holds. UBS is a mystery, even to many of its own advisors—who, with surprising consistency, point out contradictions within the firm that force them to weigh the good against the bad on a regular basis. On the one hand, as the largest global wealth manager, the firm boasts an internationally renowned brand, a sophisticated investment, trust, and lending platform, and a more boutiq

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Recruitment Wealth Management Clients Communication 52

Calculated Risk

AUGUST 23, 2023

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: AIA/Deltek Architecture Billings Index Sees Stable Business Conditions in July The American Institute of Architects (AIA)/Deltek Architecture Billings Index (ABI) results for July signals mostly stable business conditions. The ABI score was 50.0, indicating that billings at architecture firms remained flat for the month.

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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

The Richer Geek

AUGUST 23, 2023

With us today is Preston Brown, a serial entrepreneur, multiple 8-figure business owner, and expert in disruptive innovation and profitably scaling companies. With 18 successful businesses that generate $200 million or more each year in gross revenues, Preston has advised hundreds of CEOs and entrepreneurs on how to grow and scale their companies. He’s also a sought-after speaker with a passion for sharing his insights and expertise.

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Ethics Marketing Marketing 52

Calculated Risk

AUGUST 23, 2023

From WardsAuto: August U.S. Light-Vehicle Sales Tracking to a 19% Increase; SAAR Weakens from July (pay content). Brief excerpt: Keeping sales from growing faster are still-elevated average vehicle prices and inventory stuck at historic lows with the mix slanted toward higher cost models and trims levels. Fleet volume in August also is not expected to rebound from a seasonal decline in July and is partly behind the expected 6.3% increase in inventory from July. emphasis added Click on graph for

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Sales Marketing Marketing 52

Meb Faber Research

AUGUST 23, 2023

Episode #496: Phil Bak, Armada ETFs – Masterclass in (Liquid) Real Estate Investing Guest: Phil Bak is the CEO of Armada ETFs, which provides investors broad access to the real estate asset class. He has previously served as Founder/CEO of Exponential ETFs, an ETF issuer and sub-advisor acquired by Tidal ETF Services in 2020. […] The post Episode #496: Phil Bak, Armada ETFs – Masterclass in (Liquid) Real Estate Investing appeared first on Meb Faber Research - Stock Market and I

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Investing Investments Assets Marketing 52

Calculated Risk

AUGUST 23, 2023

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 4.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.2 percent on a seasonally adjusted basis from one week earlier.

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Economy Numbers Marketing Marketing 52

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Accounting

Validea

AUGUST 23, 2023

What measure to use to determine what’s a value stock and what’s a growth stock is an ongoing debate, and especially relevant now, when Microsoft—typically not considered a value stock—is the largest holding in the S&P 500 Value Index, according to an article in The Wall Street Journal. Amazon and Netflix are also in the index’s top 10. An ETF that tracks the index, the $25 billion iShares S&P 500 Value ETF (IVE), has risen 12% in 2023, compared to under 5% for some of its competition th

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Sales Accounting Management 52

Calculated Risk

AUGUST 23, 2023

The BLS released the preliminary annual benchmark revision showing 306,000 fewer payroll jobs as of March 2023. The final revision will be published when the January 2024 employment report is released in February 2024. The number is then "wedged back" to the previous revision (March 2022). Usually, the preliminary estimate is pretty close to the final benchmark estimate.

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Validea

AUGUST 23, 2023

This week we use the Magic Formula, developed and written about by Joel Greenblatt in his book, The Little Book that Beats the Market. Today’s Screen: X Pass the Earning Yield Model with at least 90% (stocks are percentile ranked based on Earnings Yield and ROTC and then sorted based on the combined rank) X Long-Term EPS Growth greater than 15% X Trailing PE Ratio below 10 X Percent Below 52 Week High at least 20% X Current Ratio greater than 2.0 Passing Names: BKE | BUCKLE INC, MBUU | MAL

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Marketing Marketing 52

Calculated Risk

AUGUST 23, 2023

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales increase to 714,000 Annual Rate in July Brief excerpt: The Census Bureau reports New Home Sales in July were at a seasonally adjusted annual rate (SAAR) of 714 thousand. The previous three months were revised down, combined. The next graph shows new home sales for 2022 and 2023 by month (Seasonally Adjusted Annual Rate).

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Sales 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

Validea

AUGUST 23, 2023

Trying to predict how AI will transform the investment industry? Look back to how computers changed the industry in the 1980s, posits an article in Morningstar. Back then, computers offered more information to portfolio managers, gave financial advisors software to manage their business, and provided researchers with better analytics. How will AI affect those three industry roles?

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Investing Investments Portfolio Management Financial Advisor 52

Advisor Perspectives

AUGUST 23, 2023

Bitcoin's price tumbled to $26,000 for the first time in over two months and is now up ~60% year to date. Here's the latest charts on three of the largest cryptocurrencies by market share through 8/22.

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Marketing Marketing 52

Validea

AUGUST 23, 2023

By Justin Carbonneau ( Twitter | LinkedIn | YouTube ) — In a conversation between Jack Forehand and Matt Zeigler about factor investing within the realm of financial planning, an important insight emerged: while quantitative investing models are hailed for their systematic and mechanical nature, it’s important to recognize that they are crafted by humans.

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