The Big Picture

OCTOBER 31, 2022

My back-to-work morning train WFH reads: • Is the Stock Market Gaslighting Us? A downturn in the market doesn’t always precede a downturn in the economy. Yes, the stock market is forward-looking, but sometimes it sees things that aren’t there. At its low, the S&P 500 was 25% below its high. It’s hard to completely dismiss this as a leading indicator and I’m not here to do that, but while most drawdowns of this magnitude have led to economic contractions, they haven’t always. ( Irrelevant Inv

Engineering 259

Engineering Economics Assets Media 259

The Reformed Broker

OCTOBER 31, 2022

Here’s the deal – during the pandemic I wanted to do a book signing for the fans when we released How I Invest My Money. Obviously, travel and meet and greets weren’t going to happen, so we had to improvise. Instead, we set up a virtual book signing where you guys mailed me the books along with a check for $20 to Long Island Cares and the Harry Chapin Food Bank.

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Food Banking Investing Investments 258

Abnormal Returns

OCTOBER 31, 2022

Small caps Small caps are outperforming of late. (allstarcharts.com) And valuations are still attractive. (gmo.com) Strategy The past two years help show the agony and ecstasy of stock picking. (awealthofcommonsense.com) Joachim Klement, "The people who are committed to sin stock investing are a small minority and are unlikely to shift the consensus away from the ESG investing trend.

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Financial Advising Media Valuation Retail 226

Nerd's Eye View

OCTOBER 31, 2022

While many financial advisors may have focused primarily on portfolio management at one time, the evolution of the financial planning profession has opened up an ever-growing number of services that advisors now offer to their clients on a regular basis. While this shift has allowed advisors to charge a premium fee for high-quality service, it has also resulted in increased workloads, especially as the number of clients that advisors serve (and the types of issues that are brought to the table)

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Clients Insurance Coverage Portfolio Management Financial Advisor 130

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Accounting

Abnormal Returns

OCTOBER 31, 2022

Podcasts Daniel Crosby talks with Tim Maurer about helping clients to articulate their life purpose in a practical way. (standarddeviationspod.com) Michael Kitces talks 'surge onboarding' with Chad Chubb, founder of WealthKeel. (kitces.com) Brendan Frazier talks with Derek Hagen, founder of Money Health Solutions, about viewing money as a tool vs. a goal.

Wealth Management 130

Wealth Management Startup Retirement Planning 130

Getting Your Financial Ducks In A Row

OCTOBER 31, 2022

Photo credit: coop. This ancient two-word phrase, attributed to several Greek luminaries ranging from Socrates to Pythagoras, implores the reader toward introspection. This introspection can be especially helpful when considering how we feel about our financial future – particularly when we are at extremes of emotion. The recent stock market activity has given us plenty of opportunities to experience extremes of emotion… but then again, you can pretty much choose any time period and make a

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Math Investing Investments Retirement 113

Sara Grillo

OCTOBER 31, 2022

In this blog, Scott Salaske of Firstmetric and I discuss the proper way to read a Form ADV so that you can get the information you need to make an informed choice and avoid working with a financial advisor who is a lying, deceptive grifter. This is super important for anyone looking to pick a good financial advisor. Don’t go about this decision without doing your research, people!

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Financial Advisor Commission Clients Compliance 110

Calculated Risk

OCTOBER 31, 2022

These indicators are mostly for travel and entertainment. It is interesting to watch these sectors recover as the pandemic subsides. -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. This data is as of October 30th. Click on graph for larger image. This data shows the 7-day average of daily total traveler throughput from the TSA for 2019 (Light Blue), 2020 (Black), 2021 (Blue) and 2022 (Red).

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Economy Transportation Numbers Sales 104

Investment Writing

OCTOBER 31, 2022

Do you take the time to define the audience for whom you’re writing? Writers who don’t do this before writing may produce content that doesn’t hit the mark. On this blog, and in my financial blogging book , I suggest how to narrow down your audience. However, I’m always looking for new approaches. That’s why I was intrigued by the chapter on “How to Define Your Audience” in How to Write and Present Technical Information by Charles H.

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Education Commission Clients Financial Services 104

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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

Wealth Management

OCTOBER 31, 2022

Pennington was elected during a special meeting on Monday, and she will take over the seat vacated by ProEquities' Christopher Flint after he resigned in July.

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David Nelson

OCTOBER 31, 2022

By David Nelson, CFA CMT Most of you know I’m an ex-rocker so bear with me while I pull a band from my youth. Led Zeppelin’s Communication Breakdown was the quintessential rock song with two lines of lyrics that set the tone for what’s taking place in the communication sector this year. Communication breakdown, it’s always the same Havin’ a nervous breakdown, a-drive me insane Every U.S. stock investor knows the communications sector has been under siege, significantl

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Communication Math Economy Management 98

Wealth Management

OCTOBER 31, 2022

About 37 percent of small businesses, which between them employ almost half of all Americans working in the private sector, were unable to pay their rent in full in October. That’s according to a survey from Boston-based Alignable, a network of 7 million small business members.

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Calculated Risk

OCTOBER 31, 2022

Today, in the Calculated Risk Real Estate Newsletter: Year-over-year Pace of Rent Increases Continues to Slow A brief excerpt: Here is a graph of the year-over-year (YoY) change for these measures since January 2015. All of these measures are through September 2022 (Apartment List through October 2022). Note that new lease measures (Zillow, Apartment List) dipped early in the pandemic, whereas the BLS measures were steady.

Marketing 90

Marketing Marketing 90

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

OCTOBER 31, 2022

CBRE is laying off some of its workforce as part of a $400 million cost-reduction plan, reports Bisnow. Meta will spend $3 billion in lease terminations and other fees as part of a plan to shrink its office footprint, according to The Real Deal. These are among today’s must reads from around the commercial real estate industry.

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Planning 95

Alpha Architect

OCTOBER 31, 2022

In this article, the author examines the research published over the last 30 years on momentum and its theoretical credibility. One of the original momentum articles was published by Jegadeesh and Titman in 1993, and is considered the seminal work on the topic. The research review contained in this publication begins with the 1993 work and confines itself to only the highest quality journals among the plethora of work that has been published on momentum.

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Investing Investments 93

Wealth Management

OCTOBER 31, 2022

Delap Weal Advisory's Jared Siegel details how he's able to concentrate on the "fun" stuff—creating a high-quality, high-touch financial planning experience for his clientele—by oursourcing the middle- and back-office operations at his firm.

Financial Planning 95

Financial Planning Planning 95

A Wealth of Common Sense

OCTOBER 31, 2022

Today’s Talk Your Book is presented by Fidelity Digital Assets: We are live from Boston to discuss Fidelity’s jump into crypto with Fidelity Digital Assets. On today’s show we discuss The origin story for Fidelity Digital Assets What Fidelity Digital Assets has to offer Why Fidelity has a competitive advantage in this space What coins Fidelity focuses on Eth and the proof-of-work to proof-of-stake switc.

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Assets 83

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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

OCTOBER 31, 2022

Regional mall operator Macerich reported strong leasing and cash flow metrics for its latest financial quarter, according to Chain Store Age. GlobeSt.com asks when tenants will gain back power in the apartment rental market. These are among today’s must reads from around the commercial real estate industry.

Marketing 94

Marketing Marketing 94

Cornerstone Financial Advisory

OCTOBER 31, 2022

Presented by Cornerstone Financial Advisory, LLC. Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Jones Industrial Average rose 5.72%, while the Standard & Poor’s 500 advanced 3.95%. The Nasdaq Composite index added 2.24% for the week.

Marketing 81

Marketing Marketing Economics Taxes 81

Wealth Management

OCTOBER 31, 2022

With stubborn inflation, investment triggers feel harder to pull in 2022. Multifamily real estate is a strong option.

Investing 120

Investing Investments 120

XY Planning Network

OCTOBER 31, 2022

3 MIN READ. Per Investopdia.com, the term “yield” is defined as the earnings generated on an investment over a particular period of time, expressed as a percentage. Fixed-income investors, in particular, will use a bond’s yield to compare it to other bonds or will use the yield to determine their expected income or return from the bond. Yields can vary based on the type of security, its duration, and other factors.

Investing 79

Investing Investments Portfolio Management Portfolio 79

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Management

Wealth Management

OCTOBER 31, 2022

In spite of concerns over inflation and potential recession, as well as some lagging pandemic effects, hotel asset managers expect RevPAR levels to exceed 2019 figures.

Assets 97

Assets Management 97

Darrow Wealth Management

OCTOBER 31, 2022

The Instacart IPO is on hold…again. What should employees with stock options do when their employer’s IPO stalls? In truth, best practices around an IPO are sometimes skewed towards what not to do. If you have stock or options from a company that’s about to go public, there may be a temptation to include a future sudden wealth event into current financial decisions.

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Marketing Marketing Taxes Valuation 78

Wealth Management

OCTOBER 31, 2022

Holding on to generational assets like mineral rights, rather than selling them off before you pass on, could hold several benefits for your beneficiaries.

Assets 97

Assets 97

Wealthfront

OCTOBER 31, 2022

It’s no secret: Wealthfront is not a bank. We’re proud of this because it’s a huge benefit to our clients. Choosing not to be a bank is what enables us to offer you best-in-class products like the Cash Account that are far superior to what a bank can offer, so you can grow your long-term […]. The post Wealthfront Isn’t a Bank — Here’s Why That’s a Good Thing appeared first on Wealthfront Blog.

Banking 69

Banking Accounting Clients 69

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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

Wealth Management

OCTOBER 31, 2022

Sean McGilvray, CEO of Kingsview Partners, discusses how technology is streamlining the ways financial advisors interact with clients.

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Clients Financial Advisor 99

Don Connelly & Associates

OCTOBER 31, 2022

I want to pass on to you an obituary, no pun intended, called ‘The Death of Common Sense’. You may have seen this. If you haven't, it's just extraordinary, and basically it said, "We're mourning the passing of a beloved old friend, Common Sense, who has been with us for so many years. No one knew for sure how old he was. His birth records were lost long ago on bureaucratic red tape.

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Wealth Management

OCTOBER 31, 2022

The conversion of empty retail stores to mini warehouses expected to wane as in-store shopping makes a comeback.

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Distribution Retail 85