Nerd's Eye View

JUNE 13, 2023

Welcome back to the 337th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Danika Waddell. Danika is the President and Founder for Xena Financial Planning, a virtual advisory firm that advises 40 client households of women in tech and supports more than $275K of ongoing revenue. What's unique about Danika’s path, though, is how, she launched her own independent RIA not out of a desire to be an entrepreneurial business owner, but because an IAR registration

Financial Advisor 244

Financial Advisor Clients Startup Financial Planning 244

Abnormal Returns

JUNE 13, 2023

Options Just because 0DTE options are overvalued doesn't mean you should short them. (mailchi.mp) Covid broke the options expiration week phenomenon. (quantifiableedges.com) Behavior How robo-advice could change household behavior. (papers.ssrn.com) All else equal, attractive people raise more venture capital. (ft.com) Macro Why equities are an 'imperfect hedge' against inflation.

Retail 215

Retail Economy Investing Investments 215

The Reformed Broker

JUNE 13, 2023

MAJOR @FutureProofAC ANNOUNCEMENTS Agenda is live, boardwalk is 2X the size, 80+ confirmed speakers, 30+ special events, and a glimpse at who’s attending! Get $200 off Advisor passes, and 10% off Industry passes when you register before 6/23! See ya there!… pic.twitter.com/pEMTCW0LeB — The Compound (@TheCompoundNews) June 13, 2023 Today we announced the agenda for Future Proof Festival 2023!

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Abnormal Returns

JUNE 13, 2023

Books An excerpt from Scott Patterson's "Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis." (fortune.com) Insights from "The Uncertainty Solution: How to Invest with Confidence in the Face of the Unknown" by John Jennings. (cxoadvisory.com) Five insights from Scott Patterson's "Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis.

Financial Advising 171

Financial Advising Media Economy Planning 171

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 Reformed Broker

JUNE 13, 2023

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Technical Bull Market – “S&P 500 up 20% from October 2022 low” ►The Chase is On – “Investors haven’t been this bullish since November 2021″ ►Recession Fears Fade – The post The Chase Is On appeared first on The Reformed Broker.

Investing 141

Investing Investments Marketing Marketing 141

Calculated Risk

JUNE 13, 2023

Here are a few measures of inflation: The first graph is the one Fed Chair Powell has been mentioning. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through May 2023. Services were up 6.3% YoY as of May 2023, down from 6.8% YoY in April. Services less rent of shelter was up 4.2% YoY in May, down from 5.2% YoY in April.

Food 142

Food Economics 142

Advisor Perspectives

JUNE 13, 2023

The headline number for the NFIB Small Business Survey inched up to 89.4 in May. The latest reading is above the forecast of 88.5. This marks the 17th consecutive month the index has been below the series average of 98.1. The index is at the 7th percentile in this series.

Numbers 111

Numbers 111

Wealth Management

JUNE 13, 2023

Often positioned preferred equity, the capital is coming into play on properties that have shortfalls due to newly tightened capital markets.

Marketing 126

Marketing Marketing 126

MarketWatch

JUNE 13, 2023

Cathie Wood’s ARK Autonomous Technology & Robotics ETF ARKQ purchased roughly $10 million shares of Taiwan Semiconductor Manufacturing Co. TSM on Monday, which according to the Cathie’s Ark tracker is the fund’s first purchase of the contract semiconductor maker. Taiwan Semi’s U.S.-listed shares have climbed 44% this year, exactly the same rise as the PHLX semiconductor index.

Manufacturing 98

Manufacturing Marketing Marketing 98

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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

JUNE 13, 2023

Commercial Property Executive looks at what a pause in interest rate increases would mean for the commercial real estate industry. Kennedy Wilson bought the first tranche of a multi-billion-dollar real estate loan portfolio from Pacific Western Bank, reported Multi-Housing News. These are among the must reads for real estate investors today.

Banking 102

Banking Portfolio 102

Advisor Perspectives

JUNE 13, 2023

I've updated this series to include the May release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $48,588, down 8.0% from 50 years ago. Hourly earnings are below their all-time high after adjusting for inflation.

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MainStreet Financial Planning

JUNE 13, 2023

Starting a family is a big moment and a wonderful life transition! Babies are adorable, but having a family will have an impact on…your relationships, your health & well-being, and your wealth. Taking the time to develop a plan will help you and your partner get on the same page and strengthen your bond so you can enjoy your growing family. I hope this helps you think through the financial demands of having a larger household and the impact on your spending plan, so you understand what you

Insurance Coverage 92

Insurance Coverage Healthcare Budgeting Estate Planning 92

Advisor Perspectives

JUNE 13, 2023

Cathie Wood’s funds have reentered Meta Platforms Inc. and Taiwan Semiconductor Manufacturing Co. after nearly a year and a half, as the high-profile manager makes new bets on artificial intelligence and chips.

Manufacturing 97

Manufacturing Management 97

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

JUNE 13, 2023

The combined firm now has a client base representing more than $2.5 trillion in assets under management (AUM).

Investing 114

Investing Investments Assets Clients 114

Advisor Perspectives

JUNE 13, 2023

There’s not much you can do about rising college costs, but there are a few tax breaks you can use to help offset the expenses.

Taxes 104

Taxes 104

Wealth Management

JUNE 13, 2023

Here are some critical, yet often overlooked, considerations for evaluating potential firms—as well as your own.

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Million Dollar Round Table (MDRT)

JUNE 13, 2023

By Matt Pais, MDRT Content Specialist Take a moment and think about how your brain operates. Do you pay more attention to positive things or negative ones? To which do you and your clients react more expressively? Most people have a tendency to focus on the negative, said Roger Seip, an experienced speaker on maximizing the capability of the brain, in his 2014 MDRT Annual Meeting presentation “Train your brain for success.

Numbers 82

Numbers Clients 82

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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

Wealth Management

JUNE 13, 2023

Retail investors’ beliefs regarding gold investments are contradictory to the empirical evidence.

Retail 111

Retail Investing Investments 111

Calculated Risk

JUNE 13, 2023

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 0.4% in May. The 16% trimmed-mean Consumer Price Index increased 0.2% in May. "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".

Food 75

Food Banking 75

Advisor Perspectives

JUNE 13, 2023

Tour CPA partnerships will require certain conditions to flourish. Keep in mind these critical dos and don’ts.

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Wealth Management

JUNE 13, 2023

Feeling rich is more common among millennials and Gen Z, according to a new survey from Charles Schwab.

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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

Accounting

MarketWatch

JUNE 13, 2023

Manchester United shares MANU jumped 17% in premarket trade following a report from Qatar’s Al-Watan that Qatar’s Sheikh Jassim bin Hamad al-Thani will soon be announced as the preferred bidder. He has been battling Jim Ratcliffe for control of the club after the controlling Glazer family said they would consider selling. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Marketing 76

Marketing Marketing 76

The Irrelevant Investor

JUNE 13, 2023

Today’s Animal Spirits is brought to you by YCharts: Go to User Preferences here to see YCharts Dark Mode feature Welcome to the dark side #YCharts has officially released the highly-anticipated Dark Mode feature! Take your account customization to the next level for a new sleek look to your data analysis experience. Head to User Preferences here [link] pic.twitter.com/UxHnYwN6SW — YCharts (@ych.

Accounting 68

Accounting 68

MarketWatch

JUNE 13, 2023

Shares of Anheuser-Busch InBev S.A. BUD rose 0.8% in morning trading Tuesday, after country singer bar owner Garth Brooks implied he would not ban Bud Light at his bar. Anheuser-Busch’s stock has bounced 4.0% since it closed at a 6 1/2-month low of $53.40 on May 31. The stock had plunged 17.8% in May, amid an anti-trans backlash over the Bud Light brand’s partnership with trans influencer Dylan Mulvaney.

Marketing 75

Marketing Marketing 75

Clever Girl Finance

JUNE 13, 2023

How many times have you heard that hard work is the key to success? Probably a lot, and it’s true! Hard work is key to success, and it’s for a variety of different reasons. But before we dive into our reasons why being hardworking is the key to success, let’s talk about why it matters! Table of contents Why does working hard even matter?

Nonprofit 65

Nonprofit Management Media Planning 65

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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

MarketWatch

JUNE 13, 2023

Advanced Micro Devices Inc. AMD officially launched its next-generation data-center central processing unit at its Data Center & AI Technology Premiere event in San Francisco on Tuesday. Shipping now, AMD’s fourth generation of Epyc data-center CPU, codenamed “Bergamo,” is intended to compete with Nvidia Corp.’s NVDA Grace Hopper data-center CPU. AMD claims the 128-core per socket CPUs excel at energy efficiency while using fewer servers.

Marketing 75

Marketing Marketing 75

Calculated Risk

JUNE 13, 2023

From the BLS : The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in May on a seasonally adjusted basis, after increasing 0.4 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.0 percent before seasonal adjustment. The index for shelter was the largest contributor to the monthly all items increase , followed by an increase in the index for used cars and trucks.

Food 61

Food Insurance 61

MarketWatch

JUNE 13, 2023

Bunge Ltd. BG said Tuesday it has agreed to combine with privately held Viterra Ltd. in a cash-and-stock deal valued at about $8.2 billion. Under the terms of the deal, Bunge will pay Viterra shareholders about 65.6 million shares valued at $6.2 billion and about $2 billion in cash. Bunge will assume $9.8 billion of Viterra debt and will repurchase $2 billion of its own stock.

Marketing 75

Marketing Marketing 75