Abnormal Returns

DECEMBER 22, 2023

Markets Just how bad was the 2022-23 bond drawdown? This bad. (ft.com) Why you should look at returns from 2022-23 as a whole. (priceactionlab.com) Streaming Lionsgate ($LGF.A) is splitting Starz from its studio business. (axios.com) What would a Warner Bros. Discovery ($WBD) and Paramount ($PARA) merger mean for consumers? (theverge.com) Seven lessons learned from Netflix's ($NFLX) viewership data, including the staying power of 'Gilmore Girls.

Financial Advising 236

Financial Advising Media Economy Economics 236

Nerd's Eye View

DECEMBER 22, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Envestnet has published research highlighting a number of key trends that they believe will shape the growth of the advisory industry in 2024 and beyond, which reflect at a high level advisors' ongoing shift towards providing more and deeper financial planning while leaning on technology to make that level of planning possible.

Financial Planner 218

Financial Planner Fee Only Tax Planning Retirement 218

Abnormal Returns

DECEMBER 22, 2023

The biz Four podcast trends for 2024 including more AI. (theverge.com) Is employee ownership the future of podcasting companies? (bloomberg.com) Podcasting has a metrics problem. (theverge.com) Economy Joe Weisenthal and Tracy Alloway talk with Anna Wong, chief US economist for Bloomberg Economics about what everyone got wrong in 2023. (podcasts.apple.com) Nilay Patel talks with Mina Hsiang, the administrator of the United States Digital Service.

Food 214

Food Economy Economics Investing 214

Calculated Risk

DECEMBER 22, 2023

Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both through November 2023. CPI Shelter was up 6.5% year-over-year in November, down from 6.7% in October, and down from the cycle peak of 8.2% in March 2023. Housing (PCE) was up 6.7% YoY in November , down from 6.9% in October, and down from the cycle peak of 8.3% in April 2023.

123

123

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

DECEMBER 22, 2023

Industry experts point to continued proliferation of AI, tech stack integration, software supporting new fee models and advisors using an increasingly diverse array of applications to offer additional services as storylines to look out for in the coming year.

Wealth Management 117

Wealth Management Management 117

Wealth Management

DECEMBER 22, 2023

Industry experts cited the DOL’s fiduciary rule, further guidance on the SEC’s marketing rule and potential movement on unpaid FINRA arbitration awards as possible developments in 2024.

Marketing 112

Marketing Marketing 112

A Wealth of Common Sense

DECEMBER 22, 2023

There are Twitter accounts that spend their time lamenting why we don’t build cathedrals, castles and architecture like they did in the past. I get it. I’ve been to Europe before. The castles, the churches, the opera houses, the landmarks, the art, etc. It’s mind-boggling people were able to build these things without the technology we have available today.

Marketing 109

Marketing Marketing Accounting 109

Wealth Management

DECEMBER 22, 2023

The independent broker/dealers that tighten connections with their advisors and demonstrate flexibility in their affiliation models will be competitive in the year ahead.

111

111

Calculated Risk

DECEMBER 22, 2023

Today, in the Calculated Risk Real Estate Newsletter: New Home Sales decrease to 590,000 Annual Rate in November Brief excerpt: The Census Bureau reports New Home Sales in November were at a seasonally adjusted annual rate (SAAR) of 590 thousand. The previous three months were revised down. The next graph shows new home sales for 2022 and 2023 by month (Seasonally Adjusted Annual Rate).

Sales 107

Sales 107

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

DECEMBER 22, 2023

As alternative investment options move beyond interval funds and ETFs in the coming year, advisors will need to grapple with whether to use them.

Investing 120

Investing Investments 120

Calculated Risk

DECEMBER 22, 2023

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI November 2023: Business conditions remain soft at architecture firms Business conditions remained soft at architecture firms in November, as the AIA/Deltek Architecture Billings Index (ABI) remained below 50 with a score of 45.3 for the month (any score below 50 indicates declining billings).

Investing 103

Investing Investments 103

Wealth Management

DECEMBER 22, 2023

Wall Street has lost out on billions in fees as direct lenders lured away corporate borrowers. The future of their leveraged lending businesses depends on how they adapt.

Banking 105

Banking 105

The Irrelevant Investor

DECEMBER 22, 2023

For just the third time in the last decade, the S&P 500 has been higher for eight consecutive weeks. This is the 19th time it happened since 1950. With a 15.5% gain since the last week in October, it’s the 3rd strongest 8-win streak for the S&P 500. Not bad. Not bad at all. It’s weird to say that it’s been a tough year, considering the S&P 500 is 26% and the Nasdaq-100 is up 54%.

101

101

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

DECEMBER 22, 2023

Advisor Growth Strategies expects new players to enter the RIA M&A market in 2024, as valuations diverge and deals become larger and more creative.

Valuation 111

Valuation Marketing Marketing 111

Calculated Risk

DECEMBER 22, 2023

The BEA released the Personal Income and Outlays report for November: Personal income increased $81.6 billion (0.4 percent at a monthly rate) in November , according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $71.9 billion (0.4 percent) and personal consumption expenditures (PCE) increased $46.7 billion (0.2 percent).

Food 63

Food Taxes Economics 63

Wealth Management

DECEMBER 22, 2023

What does the history of John Deere, a 185-year-old agricultural company, have to tell us about the state of AI in advisor technology?

117

117

Calculated Risk

DECEMBER 22, 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. For deaths, I'm currently using 3 weeks ago for "now", since the most recent two weeks will be revised significantly. Hospitalizations have almost quadrupled from a low of 5,150 in June 2023. Hospitalizations are far below the peak of 150,000 in January 2022.

Numbers 61

Numbers 61

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

Wealth Management

DECEMBER 22, 2023

Cynthia Zalewsky, president of $45 million in AUM Saratoga Investment Solutions, has sought deeply integrated applications for years—her search goes on.

Investing 110

Investing Investments 110

Trade Brains

DECEMBER 22, 2023

High DII Holding Stocks Under Rs 50 : Ever wonder why we flock to stocks that are more affordable to our pockets and try to invest in the hope of a fortune? The companies we search for and invest in expect to be multi-baggers in the future. In this article, we will look at some of the companies with High DII holding Stocks under Rs 50. High DII Holdings represents domestic investors who invest in equities in their home country.

Engineering 59

Engineering Banking Insurance Retail 59

Wealth Management

DECEMBER 22, 2023

Forecasters don’t see much upside for the S&P 500 in 2024, but some of its best returns have come in years when soothsayers least expected them.

101

101

Calculated Risk

DECEMBER 22, 2023

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in November A brief excerpt: I’ve added a comparison of active listings, new listings, and closings to the same month in 2019 (for markets with available data). This gives us a sense of the current low level of sales and inventory, and also shows some significant regional differences.

Marketing 55

Marketing Marketing Sales 55

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

Wealth Management

DECEMBER 22, 2023

Potential failures range from cyber theft to fee inflation to document mismanagement.

Retirement Planning 114

Retirement Planning Retirement Planning 114

Steve Feinberg

DECEMBER 22, 2023

The financial health of any business is a crucial aspect that determines its success. Creative professionals are no exception to this rule, and it is essential to keep tabs on your business’s financial health. Whether you are a photographer, graphic designer, or writer, understanding the financial landscape of your business can help you overcome the challenges that come with running a creative enterprise.

Taxes 52

Taxes Accounting Budgeting Management 52

Wealth Management

DECEMBER 22, 2023

The top performing ETF from each sector in the past year.

122

122

NAIFA Advisor Today

DECEMBER 22, 2023

NAIFA members, set a reminder! The Q1 State of NAIFA 2024 webinar is happening on January 25th at 12 pm Eastern. Don't miss this first update of the year, as it's a key part of our commitment to keeping you well-informed about our developments and future goals.

52

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

Tobias Financial

DECEMBER 22, 2023

In the ever-evolving world of finance, understanding the intricate differences between broker/dealers (BDs) and independent Registered Investment Advisors (RIAs) is paramount for consumers seeking trusted financial guidance. Recognizing the need for clarity, The Institute for the Fiduciary Standard recently unveiled its latest Fiduciary Campaign. This campaign aims to bridge the gap in consumer knowledge by shedding light on the often-overlooked legal and business distinctions between BDs and in

Investment Advisor 52

Investment Advisor Ethics Investing Investments 52

Your Richest Life

DECEMBER 22, 2023

As 2023 comes to a close, we can take a look at how the markets and economy performed, where we stand now, and what might be on the horizon for 2024. So first, here are some of the top takeaways and biggest headlines from this year: 2023 Markets and Economy: Inflation, Debt and the Labor Market In 2023, the inflation rate continued to cool in response to high interest rates.

Economy 52

Economy Marketing Marketing Financial Planner 52

Sara Grillo

DECEMBER 22, 2023

There’s a ton of bogus crap advice out there that people doll out when they are trying to convince you to hire them as a financial advisor. Don’t fall for the BS. Use these tips to find a good financial advisor and avoid the lying grifters! But before we get to the podcast… Look, there are alot of schmucks out there hawking crap products disguised as financial advice.

Financial Advisor 52

Financial Advisor Fiduciary Duty Compliance Financial Advice 52