Calculated Risk

AUGUST 7, 2024

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 2, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 6.9 percent on a seasonally adjusted basis from one week earlier.

Communication 336

Communication Government Economy Sales 336

Wealth Management

AUGUST 7, 2024

Including permanent life insurance can help prevent blind spots in retirement planning and enable clients to live longer.

Financial Planning 306

Financial Planning Planning Retirement Planning Assets 306

Abnormal Returns

AUGUST 7, 2024

Podcasts Carl Richards talks with Meb Faber about what really matters. (podcasts.apple.com) Peter Lazaroff talks alts with Phil Huber, author of "The Allocator’s Edge: A Modern Guide to Alternative Investments and the Future of Diversification." (peterlazaroff.com) Barry Ritholtz talks with Dave Nadig about whether there is a wrong way to invest. (ritholtz.com) Dan Haylett talks true wealth with author Ken Honda.

Insurance Coverage 271

Insurance Coverage Retirement Insurance Sales 271

Wealth Management

AUGUST 7, 2024

Seven ways for next gen fiancial advisors to succeed in this business.

306

306

Advertisement

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

Calculated Risk

AUGUST 7, 2024

From Manheim Consulting today: Wholesale Used-Vehicle Prices Increased in July Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) rose to 201.6, a decline of 4.8% from a year ago. The seasonal adjustment to the index amplified the impact on the month, resulting in values that rose 2.8% month over month.

Consulting 208

Consulting Sales 208

Wealth Management

AUGUST 7, 2024

The addition of Ari Hadida, who joins from Valor Advisors, is part of CV’s strategy of building a single-family office at scale.

298

298

Wealth Management

AUGUST 7, 2024

Alberto Francis is leaving Bank of America Private Bank to form Rockview Private Wealth through LPL’s high-net-worth-focused employee affiliation model.

Banking 298

Banking 298

Calculated Risk

AUGUST 7, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 240 thousand initial claims, down from 249 thousand last week.

182

182

Wealth Management

AUGUST 7, 2024

Eight important questions to ask.

Clients 294

Clients 294

Nationwide Financial

AUGUST 7, 2024

Equity markets were unusually calm in the first half of 2024, but that has changed abruptly over the last several weeks. The volatility on Monday, August 5, made headlines, with the S&P 500® Index falling 3.0% on the day (the worst day for the U.S. stock market benchmark since September 2022), but much of the turbulence has been brewing since last month.

Marketing 52

Marketing Marketing Economics Economy 52

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

Wealth Management

AUGUST 7, 2024

Open, honest and candid discussion about the July jobs numbers, Captrust hitting $1 trillion in assets, the end of the war for talent and more.

Numbers 277

Numbers Assets 277

Nationwide Financial

AUGUST 7, 2024

Key takeaways: Economic activity was downshifted by mid-year, with elevated interest rates and inflation fatigue weighing on consumer and business spending behavior. The U.S. economy should post more modest growth in the second half of 2024 as interest rate and inflation headwinds build for consumers. The less frothy economic data provide more reason for the Federal Reserve to start lowering interest rates in the second half of 2024.

Economics 52

Economics Economy Valuation Retail 52

Advisor Perspectives

AUGUST 7, 2024

The 20th century Baby Boom was one of the most powerful demographic events in the history of the United States. We've created a series of charts to show seven age cohorts of the employed population from 1948 to the present.

108

108

A Wealth of Common Sense

AUGUST 7, 2024

Today’s Animal Spirits is brought to you by Global X: See here to learn more about Global X’s suite of ETFs On today’s show, we discuss: A few thoughts on the market sell-off The Economic Experience of Non-College Americans Over the Pandemic After Years of Raising Prices, Food Companies Hit Consumers’ Limits Labor Market Constantly Changing Investment company outlook Snow Belt to Sun Belt Migr.

Food 104

Food Economics Investing Investments 104

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Management

Carson Wealth

AUGUST 7, 2024

“The stock market is a giant distraction from the business of investing.” – John Bogle It might not feel like it, but stocks were having one of their strongest and least volatile years ever just a few weeks ago. Now it feels like each day has more worries and more volatilty. To help, we put together this list of things to know during this latest bout of August volatility.

Economy 95

Economy Numbers Investing Investments 95

Advisor Perspectives

AUGUST 7, 2024

Investor complacency is often blamed when rising stock markets ignore potentially unsettling data for weeks and then viciously sell off. But this very human-sounding characteristic mostly isn’t in the minds of traders: It’s baked into the structure of modern investment strategies.

Marketing 76

Marketing Marketing Investing Investments 76

Discipline Funds

AUGUST 7, 2024

I was on Schwab TV Wednesday discussing the economy, the Fed and the impact on portfolios going forward. Summary: The market got ahead of itself with the “soft landing” narrative when, in reality, the Fed is far from being able to declare victory. The economic plane was slowed by the rate hikes, but is not currently stalling. The trends are mostly negative and so the Fed can’t keep flying the plane at this low altitude and slow speed or the economy will stall.

Economics 52

Economics Economy Portfolio Marketing 52

Advisor Perspectives

AUGUST 7, 2024

Fiscal conservatism has more or less vanished from America’s political landscape. Government borrowing, despite the strong economy, continues to push public debt to record levels – and the presidential contenders and their parties say scarcely a word about it.

Government 76

Government Economy 76

Advertisement

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

Wealthfront

AUGUST 7, 2024

Managing money with your partner is an exciting relationship milestone: It means you have a shared vision of your future and you want to figure out how to get there together. It can also be a little bit daunting. After all, money—how much you make, how you spend it, and how you direct it towards […] The post Tips for Managing Your Money as a Couple appeared first on Wealthfront Blog.

Management 52

Management Planning 52

Advisor Perspectives

AUGUST 7, 2024

Bitcoin's price plummeted to its lowest level in over five months this past week. BTC is currently up ~27% year to date. Here's the latest charts on three of the largest cryptocurrencies by market share through 8/6/24.

Marketing 59

Marketing Marketing 59

SEI

AUGUST 7, 2024

Major global equity markets saw mixed performance in July amid several bouts of volatility.

Marketing 52

Marketing Marketing 52

Advisor Perspectives

AUGUST 7, 2024

VettaFi Voices weigh in on key industry trends in 2024.

52

52

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

Validea

AUGUST 7, 2024

Here is the latest value spread update for July from Validea’s market valuation tool. Rather than focusing on market-cap weighted indexes like the S&P 500, our tool focuses on the valuation of the average stock relative to history. We use the median of our investable universe of 2700 stocks to perform the calculation. To compare value vs. growth, we look at the top decile of the cheapest stocks and compare it to the top decile of the most expensive stocks.

Valuation 52

Valuation Sales Marketing Marketing 52

Advisor Perspectives

AUGUST 7, 2024

Savvy advisors that blend classic prospecting methods with modern tech are not only reviving successful strategies from the past but are also setting the stage for sustainable future growth.

52

52

AdvicePay

AUGUST 7, 2024

As a financial advisor, you rely heavily on technology to keep up with market changes, client communication, portfolio management, billing, and more. But with so many broker-dealers out there, how do you choose the one with the tech stack that not only supports you, but scales with you as you grow?

Portfolio Management 52

Portfolio Management Communication Financial Advisor Portfolio 52

Advisor Perspectives

AUGUST 7, 2024

The ability of AI to demonstrate empathy holds great promise for enhancing user interactions and support services. However, its current limitations highlight the irreplaceable value of human empathy.

52

52

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

Validea

AUGUST 7, 2024

The financial markets have been experiencing significant turbulence recently. On Monday, the U.S. stock market saw steep losses, with the Nasdaq and S&P 500 each falling by over 3% and the Dow Jones Industrial Average dropping by 2.6%. This downturn has been driven by a combination of recession fears, disappointing earnings from major tech companies, the unwind of the Yen carry trade and broader economic concerns, including rising unemployment and shrinking manufacturing activity.

Marketing 52

Marketing Marketing Financial Advisor Manufacturing 52

Advisor Perspectives

AUGUST 7, 2024

Corporate borrowers are selling investment-grade bonds at the fastest clip since 2020 as companies take advantage of lower yields to issue debt before the November election.

Sales 52

Sales Investing Investments 52

Norman Marks

AUGUST 7, 2024

On the same day that I published my last blog post, Important survey results for internal audit, boards, and management, explaining how internal audit can help their organization upgrade risk management processes, I saw the IIA President and CEO, Anthony Pugliese, announce: UPDATED GLOBAL PRACTICE GUIDE: Assessing the Risk Management Process, 2nd Edition Risk management goes […]

Risk Management 52

Risk Management Management Compliance Government 52

Advisor Perspectives

AUGUST 7, 2024

To remain competitive and become a national brand, RIAs will almost certainly need the support of a capital partner. However, it’s important to critically evaluate those partners and ensure they are best equipped to offer support for a given RIA’s specific set of needs.

52

52

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