Calculated Risk
AUGUST 25, 2022
The DOL reported : In the week ending August 20, the advance figure for seasonally adjusted initial claims was 243,000 , a decrease of 2,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 250,000 to 245,000. The 4-week moving average was 247,000, an increase of 1,500 from the previous week's revised average.
The Big Picture
AUGUST 25, 2022
Over the years, I have been involved in a fair share of investment conferences. This began with the Big Picture Conference at the New York Athletic Club, post-GFC. I had flipped bullish in March 2009, but I have vivid recollections that Fall of listening to Jim O’Shaughnessy of OSAM explain the history of markets following a 50+% crash. He was even more bullish than I was, and had the data to back it up.
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Calculated Risk
AUGUST 25, 2022
From the BEA: Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), Second Quarter 2022 Real gross domestic product (GDP) decreased at an annual rate of 0.6 percent in the second quarter of 2022 , according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 1.6 percent.
Wealth Management
AUGUST 25, 2022
Unlike institutional players, TIC investors want passive income and long-term holds, which works better for the types of deals Investors Management Group pursues, says the firm’s founder.
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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
Calculated Risk
AUGUST 25, 2022
From WardsAuto: August U.S. Light-Vehicle Sales Running Flat with July; Inventory Set to Increase (pay content). Brief excerpt: "The overriding factor is that even without headwinds such as higher interest rates, low consumer confidence, elevated fuel prices and an inventory mix favoring more expensive models, the general lack of availability of new vehicles would keep sales from being significantly stronger.
Wealth Management
AUGUST 25, 2022
The acquisition adds $830 million in AUM and a new retirement plan division with $489 million in AUA.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
AUGUST 25, 2022
The two global alternative asset managers have doubled down on their efforts to bring their products to the RIA channel, with hopes that their three-tiered strategy will resonate in the marketplace.
Calculated Risk
AUGUST 25, 2022
Freddie Mac reported that the Single-Family serious delinquency rate in July was 0.73%, down from 0.76% June. Freddie's rate is down year-over-year from 1.74% in July 2021. Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble and peaked at 3.17% in August 2020 during the pandemic. These are mortgage loans that are "three monthly payments or more past due or in foreclosure".
Wealth Management
AUGUST 25, 2022
The unnamed rep recommended more than $2.1 million trades in certain mutual funds shares more appropriate for long-term use, according to FINRA, and Kovack Securities allegedly failed to spot the red flags.
Nerd's Eye View
AUGUST 25, 2022
Historically, the career path for newer financial advisors has followed a commission-based model that was focused on sales and business development first and learning the technical aspects of financial planning along the way. As the financial advisory industry has evolved, though, it has shifted to a business model that focuses more on teaching new advisors how to provide good financial planning services first, and to focus on business development later.
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.
Wealth Management
AUGUST 25, 2022
It may feel a little awkward in the moment, but your future self and team will thank you.
Nerd's Eye View
AUGUST 25, 2022
Historically, the career path for newer financial advisors has followed a commission-based model that was focused on sales and business development first and learning the technical aspects of financial planning along the way. As the financial advisory industry has evolved, though, it has shifted to a business model that focuses more on teaching new advisors how to provide good financial planning services first, and to focus on business development later.
Wealth Management
AUGUST 25, 2022
There is a “value” to the work an advisor does, regardless of whether they are an employee or independent, that needs to be a part of the conversation when considering one’s future.
A Wealth of Common Sense
AUGUST 25, 2022
A reader asks: Hey guys please explain why an inflation-linked bond could have lost money this year with inflation at 9%. I’ve been getting this question a lot lately. How could bonds that have an implicit inflation kicker be down almost 7% this year? Treasury inflation-protected securities (TIPS) are one of the most peculiar assets in the investment universe.
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.
Wealth Management
AUGUST 25, 2022
U.S. and Canadian pension funds are cutting back on their office investments, reports The Wall Street Journal. Companies including Apple, Honda and Mazda are looking at relocating their manufacturing facilities away from China, according to Fortune. These are among today’s must reads from around the commercial real estate industry.
Pragmatic Capitalism
AUGUST 25, 2022
1) ESG – Still a Convoluted Mess. My long standing position on ESG (Environmental, Social & Governance) investing is that secondary markets are a not a great place to try [ … ].
Abnormal Returns
AUGUST 25, 2022
Legalization Legal cannabis has not been a boon to small growers in California. (washingtonpost.com) Companies focused on psychdelic therapies are on the rise. (bloomberg.com) Startups Biotech startups now look more like software startups. (notboring.co) A Q&A with Josh Wolfe of Lux Capital about evaluating 'crazy' founders. (manual.withcompound.com) Longreads Capital Group thrived for nearly a century, but is now facing serious headwinds.
The Reformed Broker
AUGUST 25, 2022
I will be on Portfolio Rescue TODAY at 11am EST! Ben and I will be discussing inflation-linked bonds, diversifying fixed income exposure, prospecting for younger clients as a financial advisor, selling or HODLing, allocating to bonds as a young person, and much more! Tune in and get loud in the chat! See you all there. Check out the episode afterwards on all podcast platforms if you prefer to listen!
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.
Abnormal Returns
AUGUST 25, 2022
Markets Which industry sector ETFs have bounced back the most? (allstarcharts.com) The decline in the pandemic's biggest winning stocks have gotten crushed. (theirrelevantinvestor.com) Market history Modern market data is a relatively recent phenomenon. (awealthofcommonsense.com) The past always looks explainable in hindsight (ritholtz.com) Strategy Some good (and bad) reasons people pick individual stocks.
The Reformed Broker
AUGUST 25, 2022
Bank of America downgrades the homebuilders from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Alpha Architect
AUGUST 25, 2022
This paper provides new evidence showing that carbon transition risk is becoming increasingly material and is priced both in equity and debt markets. We find that there is a widespread price-earnings discount linked to corporate carbon emissions. This discount varies, however, by sector and trends differently in Europe than in the US. We also find that a small discount emerges for corporate bonds, although it is statistically significant only for small caps.
Nationwide Financial
AUGUST 25, 2022
Considering the power inflation can exert over the economy, there’s something poignant in searching for historical parallels to understand today’s inflationary crisis. According to the Federal Reserve, since World War II, there have been six periods when inflation (as defined by the Consumer Price Index or CPI) was at 5% or higher. Although the sources of high inflation might have differed in each period, the visceral reaction of consumers was essentially the same.
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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.
Carson Wealth
AUGUST 25, 2022
By Craig Lemoine, Director of Consumer Investment Research. “How much do I need for retirement?” It’s a question I often hear, and one that seems straightforward enough to tackle. Unfortunately, the answer isn’t quite so simple. Your financial needs in retirement can depend on dozens of factors – some known and some unknown. Among these are your longevity, lifestyle, comfort with market performance, sequence of return risk, current health, housing plan, proportion of fixed to variable expenses,
Million Dollar Round Table (MDRT)
AUGUST 25, 2022
By Matt Pais, MDRT Content Specialist It can be difficult for clients to think about the possibility that an illness or injury could prevent them from working and what that would mean for their income. Even if they’re willing to think and talk about it, they may believe they have enough coverage through their employer. That’s where advisors’ insight and communication strategies come in.
Good Financial Cents
AUGUST 25, 2022
If you need to borrow money but your credit score is lower than it should be, you will probably have to apply for a bad credit loan. This type of loan is geared toward individuals who may have made mistakes with their credit in the past, and they typically come with higher interest rates and loan fees as a result. Bad credit loan customers may also be limited in how much they can borrow, as well as the payment plans available to them.
The Irrelevant Investor
AUGUST 25, 2022
“Do more of what’s working and less of what isn’t” is a simple but powerful concept. I’ve gone to a lot of conferences in the financial services industry. It’s always cool to learn about new products and services and hear how other advisors are running their businesses, but the best part is always the networking. The truth about the events business is that the sponsors pay for 90% of th.
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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?
Validea
AUGUST 25, 2022
This week we are joined by our good friend and first three time guest on the podcast Tobias Carlisle. We talk about a wide range of value investing topics, including the current state of value investing and how value looks relative to growth. We also compare the current period for value to the early 2000s period and look at what we can learn from that period.
Clever Girl Finance
AUGUST 25, 2022
Building wealth involves making smaller investments and seeing them grow over time. Sometimes known as flipping money, investing your money in various projects, assets, and skills could help you make extra money. That said, keep reading to learn some of the best ways to flip money. We’ll also look at some of the potential downsides to money flipping and how you can get started safely.
Mullooly Asset Management
AUGUST 25, 2022
“It’s not going to be around when I need it” “I’m putting all this money in and probably won’t see a nickel of it in 15 years” In this week’s video, Tom addresses these worries and discusses how social security is a crucial part of retirement income planning and why retirees should be confident in […].
Zajac Group
AUGUST 25, 2022
Has your employer offered you non-qualified stock options (NQSOs) or incentive stock options (ISOs) as part of an equity compensation package? If you’re lucky, maybe you even get to choose. That’s not typical; usually, an equity offering is what it is. But in case you’ve been wondering how each works, here’s a summary to help you compare NQSOs vs. ISOs.
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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.
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