Wealth Management

JUNE 17, 2024

Cox, a former investment analyst at eToro, will be Ritholtz Wealth Management’s first market expert fully dedicated to its advisors.

Marketing 317

Marketing Marketing Investing Investments 317

The Big Picture

JUNE 17, 2024

A quick break from book authorship to share a fascinating set of data and charts, via Sam Ro. In his weekly missive, Sam points to some amazing charts from Global Financial Data. They are based on historical data that looks at 200 Years of Market Concentration. You might be surprised at the findings. As the chart above shows, there are long periods of market concentration.

Marketing 316

Marketing Marketing Engineering Economics 316

Wealth Management

JUNE 17, 2024

How an $8,000 marketing investment turned into a $650,000 risk.

Marketing 316

Marketing Marketing Investing Investments 316

Abnormal Returns

JUNE 17, 2024

Markets Big technological transitions are often associated with increase market concentration. (ritholtz.com) Every bull market is different. (bloomberg.com) Strategy Short-termism will crush a stock market investor. (awealthofcommonsense.com) Three things financial charlatans say including 'Here's how to get guaranteed returns.' (dariusforoux.com) Conor Mac, "The longer you invest, the more rocks you turn over, and the more you learn from mistakes, the sharper your perception grows over time. "

Financial Advising 272

Financial Advising Media Economy Taxes 272

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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

Accounting

Wealth Management

JUNE 17, 2024

This represents Allworth’s 18th California location, its fifth deal this year and 36th acquisition since 2018. Allworth now has 42 offices nationwide.

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Abnormal Returns

JUNE 17, 2024

Podcasts Matt Zeigler talks with Daniel Crosby about his new book "The Soul of Wealth" and much more. (epsilontheory.com) Michael Kitces talks with Mark Berg, Founder of Timothy Financial Counsel, about using an hourly fee model. (kitces.com) Amy Arnott and Christine Benz talk with Andrew Blake who is associate director of wealth management for Cerulli Associates about the upcoming wave of adviser retirements.

Financial Counseling 264

Financial Counseling Compensation Planning Wealth Management Startup 264

Nerd's Eye View

JUNE 17, 2024

Online reviews are commonly given and used by consumers across many industries, from finding a good restaurant in a new town to reviewing a lawn care service provider. Nonetheless, fewer than 10% of SEC-registered investment advisers report using them, even though the SEC’s updated investment adviser marketing rule allows financial advisors to proactively encourage testimonials (from clients), use endorsements (from non-clients), and highlight their own ratings on various third-party revie

Financial Advising 246

Financial Advising Compliance Advertising Marketing 246

Wealth Management

JUNE 17, 2024

Opto Investments' Jake Miller provides insights on the current state and future trends within private investments.

Wealth Management 284

Wealth Management Investing Investments Management 284

Calculated Risk

JUNE 17, 2024

Altos reports that active single-family inventory was up 1.5% week-over-week. Inventory is now up 25.6% from the February bottom, and at the highest level since July 2020. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of June 14th, inventory was at 621 thousand (7-day average), compared to 612 thousand the prior week.

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Wealth Management

JUNE 17, 2024

Requiring greater collaboration, cutting edge technology and enabled workers and partners.

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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

Clients

Calculated Risk

JUNE 17, 2024

Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about 40% of the nation's container port traffic. The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long Beach in TEUs (TEUs: 20-foot equivalent units or 20-foot-long cargo container).

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Retail 195

Wealth Management

JUNE 17, 2024

After a relatively quiet April, asset managers cranked up the pace of launches in May with 50 new funds hitting the market.

Assets 273

Assets Management Marketing Marketing 273

Calculated Risk

JUNE 17, 2024

From Matthew Graham at Mortgage News Daily: Mortgage Rates Back Above 7% to Start New Week Mortgage rates moved modestly higher to start the new week. With the average top tier 30yr fixed rate just under 7% on Friday, this meant a move to just over 7% today. [ 30 year fixed 7.05% ] emphasis added Tuesday: • At 8:30 AM: Retail sales for May is scheduled to be released.

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Retail Sales 162

Wealth Management

JUNE 17, 2024

After suffering outflows in January, these long-only systematic funds popular with the retail crowd have now enjoyed five consecutive months of inflows and are on track to beat 2023’s haul.

Retail 262

Retail 262

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.

Management

Calculated Risk

JUNE 17, 2024

Today, in the Calculated Risk Real Estate Newsletter: Comparing the Current Housing Market to the 1978 to 1982 period A brief excerpt: In March 2022, I wrote: Housing: Don't Compare the Current Housing Boom to the Bubble and Bust It is natural to compare the current housing boom to the mid-00s housing bubble. The bubble and subsequent bust are part of our collective memories.

Marketing 162

Marketing Marketing 162

Wealth Management

JUNE 17, 2024

Schwab is the fifth-largest issuer of exchange-traded funds in the US, with its nearly $350 billion suite having more than doubled since 2019.

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Alpha Architect

JUNE 17, 2024

This paper explores the effectiveness of the BJZZ algorithm, developed by Boehmer, Jones, Zhang, and Zhang (2021), in identifying and signing retail trades executed off exchanges with subpenny price improvements. A (Sub)penny For Your Thoughts was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Retail 107

Retail 107

Advisor Perspectives

JUNE 17, 2024

In periods of positive stock/bond correlations, the case for diversified sources of return is much clearer. With stocks and bonds now showing their strongest positive correlation in almost 30 years, the natural diversification and risk protection that a traditional 60/40 portfolio offers is open to question.

Portfolio 105

Portfolio 105

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.

Numbers

A Wealth of Common Sense

JUNE 17, 2024

Today’s Talk Your Book is brought to you by StepStone Private Wealth: See here to learn more about investing in StepStone Private Wealth strategies and here for disclosure information On today’s show, we are joined by Bob Long, CEO of StepStone Private Wealth to give us insight into their latest Private Credit Fund CRDEX On today’s show, we discuss: What private credit is and how it works The reason.

Marketing 100

Marketing Marketing Investing Investments 100

MainStreet Financial Planning

JUNE 17, 2024

“MainStreet Chalk Talk” The MainStreet Financial Planning Discussion Club When : Thursday, June 27th at 6pm Eastern; 3pm Pacific ~30-45 minutes Recorded and able to retrieve for one week How : Zoom Meeting Free for current clients, $10 for guests Register here! Navigating Transitions with Purpose and Passion Hosted by: Anna Sergunina , CFP® Guest: Luanne Mullin, Retirement Counselor Retirement is a complex and exciting phase of life that we spend years working, saving, investing, and preparing

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Retirement Financial Planning CFP Planning 97

Random Roger's Retirement Planning

JUNE 17, 2024

Bloomberg wrote about factor strategies and the ETFs that track those factors. They included this table. There's a lot here I don't understand. Growth is up a lot more than 1.5%. Whatever they mean by Revisions or Trade Activity, I am not aware of ETFs that track these. If you can figure out what I am missing please leave a comment. We've looked at factor investing before and as we revisit it today, really this could be Part 2 from yesterday's post about the challenges of being patient.

Taxes 92

Taxes Investing Investments Marketing 92

Carson Wealth

JUNE 17, 2024

Earnings Expectations Continue to Rise The summer rally continued last week, the S&P 500 gaining 1.4% and hitting more all-time highs. Stock gains ultimately depend on earnings and they continue to look good in both the short and long run. Inflation data finally provided some relief, with the Consumer Price Index coming in below expectations. Despite reining in expectations, the Fed is still likely to cut rates 1-2 times this year.

Marketing 86

Marketing Marketing Valuation Economy 86

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.

Accounting

Advisor Perspectives

JUNE 17, 2024

Albert Einstein supposedly said that compound interest is the most powerful force in the universe. (He didn’t.) Thanks to neuronal adaptation, however, amnesia is the most powerful force in the financial universe.

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Financial Symmetry

JUNE 17, 2024

Have you considered how your instincts influence your decision-making around retirement planning? Our natural instincts and biases create frameworks that lead our perspectives on how we think the world works. These frameworks influence our decisions surrounding our financial decisions. On … Continued The post How to Build Prosperity Through Your Perspective, Ep #218 appeared first on Financial Symmetry, Inc.

Retirement Planning 67

Retirement Planning Retirement Planning 67

Advisor Perspectives

JUNE 17, 2024

FINRA has released new data for margin debt, now available through May. The latest debt level fell for the first time in six months to $809.43 billion. Margin debt is up 4.4% month-over-month (MoM) and up 25.7% year-over-year (YoY). However, after adjusting for inflation, debt level is up 4.0% MoM and up 21.4% YoY.

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Harness Wealth

JUNE 17, 2024

FOR IMMEDIATE RELEASE NEW YORK, NY — June 17, 2024: Harness, a New York-based fintech startup that is building the future of tax, announced today it has added another member to its leadership team. Steve Cheung, who most recently served as Architect and Director of Engineering at Flatiron Health, joins Harness as its Head of Engineering. Mr. Cheung brings nearly three decades of experience building high-performing teams and bringing technical products to market.

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Engineering Startup Taxes Financial Advice 64

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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.

Accounting

Advisor Perspectives

JUNE 17, 2024

The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of June 7th, the index was at 22.091, up 0.638 from the previous week, with 5 of the 6 components in expansion territory.

Economics 64

Economics Economy 64

Indigo Marketing Agency

JUNE 17, 2024

The internet is famously anonymous, casual, and voyeuristic. The vast majority of people who end up on any page of your website will read a bit, maybe give your page a timid scroll, then disappear forever, never to return. But how can we pump up the persuasion and turn your professional service into more than just an idle web page they glanced at for 12 seconds?

Financial Advisor 52

Financial Advisor Sales Professional Services Clients 52

Advisor Perspectives

JUNE 17, 2024

All eight of the indexes on our world watch list have posted gains through June 17, 2024. The U.S.'s S&P 500 finished in the top spot with a YTD gain of 15.40%. Tokyo's Nikkei 225 finished in second with a YTD gain of 13.86% while India's BSE SENSEX finished in third with a YTD gain of 7.09%.

Marketing 59

Marketing Marketing 59

Investment Writing

JUNE 17, 2024

A copyediting project spurred me to think about how to use “high net worth” to describe investors. First, should you hyphenate “high net worth” when using it as an adjective? Second, is “high net worth” a useful term for communications with prospective clients? “High net worth” and hyphens My gut told me to use hyphens in “high-net-worth” investor.” I checked my gut with a survey.

Financial Market 52

Financial Market Marketing Marketing Assets 52

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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?

Sales