Abnormal Returns

AUGUST 4, 2023

Audio YouTube is working on being able to dub any language into another. (restofworld.org) Why it's inevitable the streaming services will welcome AI music. (honest-broker.com) Interviewing Russell Sherman talks with Barry Ritholtz about what he has learned through 500 episodes of the 'Masters in Business' podcast. (ritholtz.com) Matt Breitfelder, Partner and Global Head of Human Capital at Apollo, talks with Ted Seides about having better conversations.

Economy 205

Economy Economics Investing Investments 205

Nerd's Eye View

AUGUST 4, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that credit ratings agency Fitch on Tuesday downgraded its assessment of the U.S. government's creditworthiness from an AAA rating to AA+. While the downgrade has made headlines and might be startling to advisory clients (particularly those with significant portfolio allocations to U.S.

Financial Planner 197

Financial Planner Retirement Planning Compliance Retirement 197

Abnormal Returns

AUGUST 4, 2023

Strategy Why you can't hedge inflation in the short run. (whitecoatinvestor.com) A Q&A with William Bernstein author of "The Four Pillars of Investing." (wsj.com) Don't confuse collectibles with investments. (investmentnews.com) Apple Services and wearables are the standouts for Apple ($AAPL). (sixcolors.com) Why Apple ($AAPL) is shifting iPhone production to India.

Economics 204

Economics Financial Advising Healthcare Economy 204

The Reformed Broker

AUGUST 4, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Joe Terranova, Mark Fisher, and Downtown Josh Brown discuss what it takes to be a trader, the energy sector, commodities, the US downgrade, treasuries, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Marketing 130

Marketing Marketing 130

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

Wealth Management

AUGUST 4, 2023

Following two slow months for dealmaking in the RIA space and reports that M&A is slowing but deals are growing, the industry announced no fewer than 15 transactions this week—only one of which even came close to $1 billion in transacted AUM.

Assets 98

Assets 98

Wealth Management

AUGUST 4, 2023

True personalization means taking the time to understand your clients' preferred learning styles and communication preferences to lay the foundation for fruitful dialogue, genuine comprehension of your advice, and ultimately, sound decision-making and action by the client.

Communication 98

Communication Clients 98

Your Richest Life

AUGUST 4, 2023

Your Richest Life turns nine this month! I can’t believe we are almost at the ten year mark. When I started this business, I wanted to create financial planning services that were accessible and empowering. I hoped to help my clients reach their financial goals in a way that wasn’t stressful or intimidating, and to show them that their dreams were possible.

Financial Planner 98

Financial Planner Financial Counseling Fee Only Clients 98

Wealth Management

AUGUST 4, 2023

Focus Financial co-founders Rajini Kodialam and Lenny Chang are leaving their executive roles at the firm, according to a source, and CEO Rudy Adolf may not be far behind.

Sales 98

Sales 98

A Wealth of Common Sense

AUGUST 4, 2023

The most popular retirement plan for people in the early-20th century and before was simple — you died. No saving your entire career and moving to Florida or Arizona to golf your days away for the next 2-3 decades. No gold watch ceremonies when you hung it up at the office. Most people simply worked until they dropped dead because a life of leisure in retirement wasn’t a thing for most people.

Retirement Planning 87

Retirement Planning Retirement Planning 87

Advertisement

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 4, 2023

California-based Litman Gregory has completed its second acquisition under parent company iM Global Partner in a bid to become a national RIA.

Clients 98

Clients 98

Discipline Funds

AUGUST 4, 2023

This has been one of the more fascinating years in economic and market history. The environment is so strange that there’s a narrative for pretty much everyone. For instance: Permabears can argue: Industrial production has slowed to 0%. PMI has been contracting all year. Retail sales have slowed to 0.5%. Housing starts and mortgage applications are down 40-50%.

Financial Planner 83

Financial Planner Banking Taxes Economics 83

Wealth Management

AUGUST 4, 2023

Risk management expert Rick Bookstaber and Fabric CEO Govinda Quish discuss how technology is keeping up with risk management.

Risk Management 98

Risk Management Management 98

Alpha Architect

AUGUST 4, 2023

The empirical evidence demonstrates that returns to the low-beta anomaly are well explained by exposure to other common factors, and it has only justified investment when low-beta stocks were in the value regime, after periods of strong market and small-cap stock performance, and when they excluded high-beta stocks that had low short interest. The Quality Factor and the Low-Beta Anomaly was originally published at Alpha Architect.

Investing 82

Investing Investments Marketing Marketing 82

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 4, 2023

OneDigital's Jania Stout provides a primer on what to expect at the upcoming Wealth@Work conference.

98

98

Calculated Risk

AUGUST 4, 2023

Today, in the Calculated Risk Real Estate Newsletter: The impact of 7% Mortgage Rates A brief excerpt: The following table is from the Freddie Mac’s primary mortgage market survey (PMMS). Existing home sales bottomed in December 2022 and January 2023 on a seasonally adjusted annual rate (SAAR) basis. Those closed sales were for contracts signed mostly in the October through December timeframe when rates were the highest.

Sales 95

Sales Marketing Marketing 95

Advisor Perspectives

AUGUST 4, 2023

Results from Apple Inc. and Amazon.com Inc. after Thursday’s close represent the next big hurdle for the market’s tech-fueled rally, and it may be the hardest to clear.

Marketing 52

Marketing Marketing 52

Carson Wealth

AUGUST 4, 2023

We’ve seen some incredibly strong economic data over the past week! Join Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese as they break down everything from the GDP to the stock market. Highlights include: · GDP grew well above expectations · The Fed raised rates, but they are likely done with hikes · We’re still seeing a bull market, but look for some seasonal weakness to slow growth Looking for more investment insights and market analysis?

Economics 52

Economics Investing Investments Marketing 52

Advertisement

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

Trade Brains

AUGUST 4, 2023

Fundamental Analysis of MRF: We all have memories of Sachin Tendulkar scoring centuries with an MRF bat. We grew older and learnt it is not a sport but a tyre company. Recently, its stock was bustling all over the news as it crossed Rs 1,00,000 per share price (yes, it is the most expensive listed Indian stock). All this pokes investor curiosity in us.

Planning 52

Planning Manufacturing Sales Numbers 52

Calculated Risk

AUGUST 4, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Due to changes at the CDC, weekly cases are no longer updated. After the first few weeks, the pandemic low for weekly deaths had been the week of July 7, 2021, at 1,690 deaths (until recently). For COVID hospitalizations, the previous low was 9,821 (until recently). Recently hospitalizations have been increasing from a low of 5,300.

Numbers 52

Numbers 52

Tobias Financial

AUGUST 4, 2023

Our Wealth Advisor Catalina Franco-Cicero was featured in the recent episode of “Voices of the Goddess” podcast where she shared her inspiring story of becoming a financial advisor. The podcast delved deep into Catalina’s path, from her early years to her passion for the financial industry. Catalina revealed her approach to connecting with clients, her personal growth journey, and her unwavering dedication to professional evolution.

Wealth Advisor 52

Wealth Advisor Financial Advisor Clients 52

Calculated Risk

AUGUST 4, 2023

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. The July 4th holiday complicates an analysis of U.S. rail volumes in July, but there were some encouraging signs. For example, the three non-July 4 weeks in July were the three highest-volume intermodal weeks of the year for U.S. railroads.

52

52

Advertisement

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

Advisor Perspectives

AUGUST 4, 2023

While Washington continues a seemingly unbridled spending spree under the assumption “more spending” is better, debts and deficits matter. To better understand the impact of debt and deficits on economic growth, we must know where we came from.

Economics 52

Economics 52

Calculated Risk

AUGUST 4, 2023

From the BLS : Total nonfarm payroll employment rose by 187,000 in July, , and the unemployment rate changed little at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, social assistance, financial activities, and wholesale trade. The change in total nonfarm payroll employment for May was revised down by 25,000, from +306,000 to +281,000, and the change for June was revised down by 24,000, from +209,000 to +185,000.

52

52

Advisor Perspectives

AUGUST 4, 2023

Some of the most widely read financial news stories involve projections by Wall Street strategists such as Morgan Stanley’s Michael Wilson, who recently conceded he’d misjudged the direction of US stocks this year.

52

52

Accounting for Good

AUGUST 4, 2023

It's coming up to AGM season for many organisations, including not-for-profits. Here's how to make sure you run a successful AG!

Accounting 52

Accounting 52

Advertisement

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

Advisor Perspectives

AUGUST 4, 2023

Amazon.com Inc. Chief Executive Officer Andy Jassy pulled off a financial double play this earnings season: generating strong revenue growth from the core e-commerce business while cutting the pace of spending. The shares rose about 9% as the markets opened on Friday.

Sales 52

Sales Marketing Marketing 52

Carson Wealth

AUGUST 4, 2023

There’s no question divorce is one of the most stressful and emotionally- charged experiences people may encounter in their adult lives. However, it is possible to get through a divorce with your self-esteem, finances and future intact. The key is careful and deliberate planning. Download Guide The post Divorce Planning appeared first on Carson Wealth.

Planning 40

Planning 40

Advisor Perspectives

AUGUST 4, 2023

All told it’s hard to get worked up about the near-term implications of the latest downgrade. But it’s telling that one of the most popular defenses of America’s creditworthiness has lost its rhetorical potency.

52

52