Nerd's Eye View

SEPTEMBER 13, 2023

For many financial advisors, encouraging new prospects to "think it over" at the end of an initial meeting can seem like a gentle way to offer the prospect space to decide whether the relationship will be right for them, while at the same time, keeping the advisor from feeling that they may be coming across too aggressively by making an immediate sales pitch.

Financial Planning 225

Financial Planning Sales Planning Financial Advisor 225

The Big Picture

SEPTEMBER 13, 2023

This year, we lost one of Wall Street’s brightest lights. Beginning in 1974, and over the next 50 years of investing, Laszlo Birinyi closely watched the markets. He was one of the market’s most insightful observers and served clients with great distinction. He was a Truth-teller, especially about how people allowed financial Media to affect their emotions, and was unusually frank about his fellow strategists and Wall Street salespeople.

Media 215

Media Clients Investing Investments 215

Abnormal Returns

SEPTEMBER 13, 2023

Autos Ben Carlson and Michael Batnick talk with CarDealershipGuy about the state of the American car market. (theirrelevantinvestor.com) Peter Lazaroff talks with Jesse Cramer about the math behind car ownership. (peterlazaroff.com) Retirement How retirement can open you up to new possibilities. (humbledollar.com) Some tips on how to boost your spending in retirement.

Math 144

Math Retirement Retail Banking 144

Wealth Management

SEPTEMBER 13, 2023

The same private equity players fueling RIA consolidation are likely to next set their sights on the fragmented universe of advisory firm tech vendors, according to a discussion among industry executives at last week’s “Wealthies” Awards' executive forums.

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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

Trade Brains

SEPTEMBER 13, 2023

Mukesh Ambani Investment in Startups : Reliance Industries, the most valuable corporation in India based on market value, is being managed by Mukesh Ambani as chairman and managing director. He is the wealthiest person in Asia and the 13th richest person in the world as of August 2023, with an estimated net worth of $91.2 billion. Top 5 Startups that Mukesh Ambani has Invested in: Mukesh Ambani Investment in Startups #1 – Dunzo In January 2022, Reliance Industries invested INR 1490 crore i

Startup 105

Startup Investing Investments Retail 105

Advisor Perspectives

SEPTEMBER 13, 2023

Bitcoin's price inched down from last week, marking the fourth consecutive weekly decline. Nevertheless, BTC remains up ~55% year to date. Here's the latest charts on three of the largest cryptocurrencies by market share through 9/12.

Marketing 104

Marketing Marketing 104

Calculated Risk

SEPTEMBER 13, 2023

The BLS reported on this morning: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.4 percent over the last 12 months to an index level of 301.551 (1982-84=100). For the month, the index increased 0.6 percent prior to seasonal adjustment. CPI-W is the index that is used to calculate the Cost-Of-Living Adjustments (COLA).

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Validea

SEPTEMBER 13, 2023

By Justin Carbonneau ( Twitter | LinkedIn | YouTube ) — Netflix has a new documentary out on Centenarians ( Live to 100: Secrets of the Blue Zones ) – individuals who live to 100+ years old – and areas of the world with there are high density clusters of centenarians, called Blue Zones. The host of the film, Dan Buettner is author of the book “ The Blue Zones Secrets for Living Longer: Lessons From the Healthiest Places on Earth ”.

Investing 98

Investing Investments Financial Guidance Retirement Planning 98

Calculated Risk

SEPTEMBER 13, 2023

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-September A brief excerpt: Interestingly, new home inventory is close to a record percentage of total inventory. This graph uses Not Seasonally Adjusted (NSA) existing home inventory from the National Association of Realtors® (NAR) and new home inventory from the Census Bureau ( only completed and under construction inventory ).

Marketing 99

Marketing Marketing Sales Numbers 99

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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

Brown Advisory

SEPTEMBER 13, 2023

The Equity Beat: Can the Swift Economy Remain on Stage? bgregorio Wed, 09/13/2023 - 04:16 In August, superstar singer and entertainer Taylor Swift completed the first leg of her Eras tour in Los Angeles, performing 52 dates through 20 U.S. cities over the past few months. Despite causing Ticketmaster’s (owned by Live Nation Entertainment) website to crash last November due to overwhelming traffic, ticket revenue from Ms.

Economy 98

Economy Clients Economics Investing 98

Wealth Management

SEPTEMBER 13, 2023

The Wealthies 2023 rising stars include a TikTok influencer, multiple RIA CEOs, a digital marketing savant and more.

Marketing 122

Marketing Marketing 122

Advisor Perspectives

SEPTEMBER 13, 2023

Incorporating debt planning into your services helps your clients achieve a more comprehensive and sustainable financial future.

Debt Management 98

Debt Management Management Clients Planning 98

Wealth Management

SEPTEMBER 13, 2023

This framework can aid in wealth accumulation and help business-owner clients attract and retain top talent.

Wealth Accumulation 110

Wealth Accumulation Clients 110

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

Advisor Perspectives

SEPTEMBER 13, 2023

This month, the Census Bureau released its annual report on household income data for 2022. Last year the median (middle) average household income fell by 2.3% to $74,580. Let's take a closer look at the quintile averages, which dates from 1967, along with the statistics for the top 5%.

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Wealth Management

SEPTEMBER 13, 2023

It will use artificial intelligence to help identify tax discrepancies and trigger audits.

Taxes 114

Taxes 114

Calculated Risk

SEPTEMBER 13, 2023

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 8, 2023. This week’s results included an adjustment for the Labor Day holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.8 percent on a seasonally adjusted basis from one week earlier.

Marketing 77

Marketing Marketing 77

A Wealth of Common Sense

SEPTEMBER 13, 2023

Today’s Animal Spirits is brought to you by YCharts: See here for YCharts latest product enhancement webinar covering the proposal tool with RWM COO Nick Maggiulli and here for a month of free access with YCharts! On today’s show, we discuss: Apple tests limits for most expensive iPhones AI – The hot stocks of the decade? Tropical Bros Shirts: See here for Animal Spirits x Tropical Bros shirts and he.

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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

SEPTEMBER 13, 2023

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

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Meb Faber Research

SEPTEMBER 13, 2023

Episode #499: Kevin Carter, EMQQ Global – India is Happening NOW Guest: Kevin Carter is the Founder & Chief Investment Officer of EMQQ Global. While he principally considers himself an active “value” investor, he has collaborated with Princeton economist and indexing legend, Dr. Burton G. Malkiel, for more than 20 years. Date Recorded: 8/30/2023 | […] The post Episode #499: Kevin Carter, EMQQ Global – India is Happening NOW appeared first on Meb Faber Research

Investing 69

Investing Investments Marketing Marketing 69

Wealth Management

SEPTEMBER 13, 2023

These funds saw the most activity over the past 30 days.

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Advisor Perspectives

SEPTEMBER 13, 2023

The median US income in 2022 was $74,580, up from $22,420 in 1984 — a 233% rise over the 38-year time frame. However, if we adjust for inflation chained in 2022 dollars, the 1984 median is $56,780, and the increase drops to 31%.

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Accounting

Calculated Risk

SEPTEMBER 13, 2023

Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned earlier when services less rent of shelter was up 7.6% year-over-year. This has fallen sharply and is now up 3.1% YoY. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through July 2023.

Food 63

Food Economics Accounting 63

Advisor Perspectives

SEPTEMBER 13, 2023

The Consumer Price Index for Urban Consumers (CPI-U) released for August puts the year-over-year inflation rate at 3.67%. The latest reading keeps inflation below the 3.75% average since the end of the Second World War for the third straight month. However, inflation remains above the 10-year moving average which is now at 2.67%.

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Trade Brains

SEPTEMBER 13, 2023

Zaggle Prepaid Ocean Services IPO Review : Zaggle Prepaid Ocean Services is coming with its Initial Public Offering and it will be listed on NSE and BSE. The IPO will be open for subscription on September 14, 2023, and closes on September 18, 2023. In this article, we will look at Zaggle Prepaid Ocean Services IPO review, analyze the company, look at its strengths and weaknesses and see what unfolds.

Banking 59

Banking Management Healthcare Accounting 59

Advisor Perspectives

SEPTEMBER 13, 2023

I've updated this series to include the August release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $49,010, down 8.1% from over 50 years ago. Hourly earnings are below their all-time high after adjusting for inflation.

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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

Steve Sanduski

SEPTEMBER 13, 2023

Guest: Louis Barajas , an author, speaker, CFP®, an the CEO and founder of International Private Wealth Advisors , where he serves as a wealth manager for influential Latin celebrities, athletes, executives, and other high-net-worth individuals in the entertainment and sports industries. Louis also serves as the founder and CEO of Business Management Lab , where he provides comprehensive business management services for iconic Latin artists.

Wealth Advisor 59

Wealth Advisor Wealth Management CFP Financial Services 59

Advisor Perspectives

SEPTEMBER 13, 2023

Headline inflation rose for a second straight month in August while core inflation continued to cool. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index increased to 3.7% year-over-year from 3.2% in July. The latest reading is slightly higher than the expected 3.6% annual increase. The core CPI reading was consistent with expectations at 4.3%, a slow down from 4.7% in July.

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Trade Brains

SEPTEMBER 13, 2023

Made-in-India iPhone : The new Apple iPhone 15 series has been launched in India and other countries. You can pre-book from September 15 and the sale will start from September 22. Apple is looking to diversify its manufacturing base and reduce its dependency on China, due to the rising tensions between the US and China, along with the supply chain disruptions during the COVID pandemic.

Sales 59

Sales Manufacturing Portfolio Planning 59