Nerd's Eye View

FEBRUARY 12, 2024

While there is a plethora of ways that financial advisory firm owners can build and run their practices (from service models to specialties to fee structures and beyond), one of the most complex activities shared by many growing firms are those that involve hiring, training, managing, and retaining employees. And with the increasing shift to remote and hybrid work in recent years, these skills have become even more important.

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Communication Clients Management Business Planning 218

Abnormal Returns

FEBRUARY 12, 2024

Podcasts Brendan Frazier talks with Sten Morgan, the founder of Legacy Investment Planning, about better communicating with clients. (wiredplanning.com) Michael Kitces talks with David Savir who is the Co-Founder and CEO of Element Pointe Family Office, about crafting an employee equity program. (kitces.com) Daniel Crosby reads another chapter from his forthcoming book "The Soul of Money.

Wealth Management 188

Wealth Management Retirement Communication Investment Planning 188

Advisor Perspectives

FEBRUARY 12, 2024

There are three pitfalls that I most commonly see income investors fall victim to. I hope illustrating them will help you avoid their damaging effects on your investment portfolio.

Investing 116

Investing Investments Portfolio 116

Abnormal Returns

FEBRUARY 12, 2024

Markets How often do bear markets occur? (awealthofcommonsense.com) Hedge funds are seeing their most important positions go higher. (ft.com) Companies How is the construction of Taiwan Semiconductor's ($TSM) Arizona facility coming along? (wapo.st) The Lilly Endowment is a big beneficiary of the rise in Eli Lilly ($LLY) stock. (ibj.com) Tesla ($TSLA) won the charging wars.

Financial Advising 157

Financial Advising Startup Media Economy 157

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

FEBRUARY 12, 2024

Higher borrowing costs, volatile markets and economic uncertainty have made it more difficult for private equity firms to exit their existing investments through sales or initial public offerings.

Economics 117

Economics Sales Investing Investments 117

Wealth Management

FEBRUARY 12, 2024

John J. Woods pleaded guilty last year to a scheme that spanned more than a decade and harmed hundreds of investors throughout the country, according to the Justice Department.

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Good Financial Cents

FEBRUARY 12, 2024

College students have a lot on their plate already, including the need to study to get good grades, participating in any number of on-campus activities and potentially working part-time to have some spending money. That said, college students should also focus on their financial future, including steps they can take to build credit before they enter the workforce.

Accounting 99

Accounting Banking License Education 99

Wealth Management

FEBRUARY 12, 2024

Expectations were high for the funds since they allow investors to gain exposure to Bitcoin in traditional brokerage accounts instead of through crypto-native startups.

Startup 106

Startup Accounting 106

Carson Wealth

FEBRUARY 12, 2024

Hello 5,000 Stocks have picked up right where they left off last year, with new highs across the board and the S&P 500 officially closing above 5,000 for the first time. Although on the surface there isn’t much of a difference between 5,000 and 4,999, it’s an important psychological milestone for investors. One year ago, investors were being bombarded by talk of the bear market and an imminent recession.

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Marketing Marketing Economy Investing 97

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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

FEBRUARY 12, 2024

Stifel Invesment Advisors welcomes teams overseeing a collective $985M in Washington and Illinois from teams coming from Wells Fargo and LPL Financial.

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Calculated Risk

FEBRUARY 12, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-February 2024 A brief excerpt: This 2-part overview for mid-February provides a snapshot of the current housing market. Let’s talk house prices, sales, inventory, mortgage rates, rents and more! I always like to start with inventory, since inventory usually tells the tale !

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Marketing Marketing Numbers Sales 96

Wealth Management

FEBRUARY 12, 2024

An early architect of the wealth management platform at Smith Barney, Christopher Poch has created Promethium Advisors on the tru Independence platform.

Wealth Management 105

Wealth Management Management 105

Alpha Architect

FEBRUARY 12, 2024

One use of the NLP (natural language processing) features of ChatGPT is to search out patterns in the immense amounts of news, data and other sources of information about specific stocks, and then efficiently convert them into summaries valuable for all types of investors. Can this be accomplished with useful results? The authors use the Q2_2023 period to test performance around earnings announcements.

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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

FEBRUARY 12, 2024

Carlyle Group followed the lead of larger rivals KKR and Apollo Global Management by tying the pay of dealmakers and senior employees more closely to investment outcomes.

Management 99

Management Investing Investments 99

A Wealth of Common Sense

FEBRUARY 12, 2024

Today’s Talk Your Book is brought to you by J.P. Morgan Asset Management: See here for more information on the JPMorgan Active Bond ETF We had Kay Herr and Rick Figuly of J.P. Morgan Asset Management’s Global Fixed Income, Currency, and Commodities Group to discuss their recent active bond ETF moving to the trading floor at the New York Stock Exchange.

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Assets Management 70

Wealth Management

FEBRUARY 12, 2024

The former Stifel and Wells Fargo executive will serve as Northeast division director for Raymond James’ independent advisor channel.

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Random Roger's Retirement Planning

FEBRUARY 12, 2024

Some quick hits today. Morningstar had a writeup on an interesting idea from Stone Ridge, who we mentioned the other day talking about reinsurance funds. They have a series funds that embed an annuity (sort of) into a mutual fund wrapper. The first iteration is simply an interesting idea. Guaranteed income has it benefits but of course the annuity package is very expensive whereas the first batch of these funds are merely not cheap.

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Portfolio Investing Investments Taxes 74

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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

FEBRUARY 12, 2024

Morningstar sourced the third-party SMAs from asset management firms including AllianceBernstein, John Hancock and others.

Assets 111

Assets Management 111

Clever Girl Finance

FEBRUARY 12, 2024

When you don’t know exactly what you want, how will you know when you have it? That problem is precisely why it’s so important to gain an understanding of what you want in your life. Getting clarity to achieve your life’s goals is possible. Table of content Why getting clarity in your life is so important 6 Practical steps to achieve clarity Expert tip: Take the time you need to find direction What does it mean to seek clarity?

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Planning Management Numbers Budgeting 66

Wealth Management

FEBRUARY 12, 2024

Newfleet Asset Management’s David Albrycht shares insights on the fixed-income sectors he believes are attractive in 2024.

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Assets 107

Financial Symmetry

FEBRUARY 12, 2024

Many investors have been tempted to invest more, if not all, of their portfolios in the S&P 500 given the incredible run it’s had over the last decade. But today we are talking through five reasons why you should consider … Continued The post 5 Reasons to Consider Not Only Investing in the S&P 500, Ep #209 appeared first on Financial Symmetry, Inc.

Investing 64

Investing Investments Portfolio 64

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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

FEBRUARY 12, 2024

Lessons learned from the wealth management industry for the defined contribution retirement space.

Wealth Management 117

Wealth Management Management Retirement 117

Trade Brains

FEBRUARY 12, 2024

Best Small Cap Chemical Stocks : Chemistry is the field of science that deals with the study of the most basic elements of life, beginning with the Atoms. These elements form the building blocks of everything that we see around us. The studies and developments made in this field have allowed humans to build revolutionary products that can evade severe diseases, or build reliable products that last a lifetime.

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Manufacturing Pharmaceutical Marketing Marketing 59

Wealth Management

FEBRUARY 12, 2024

Before seeking expert opinions on their worth, it is crucial to assist your clients in adjusting to their newfound ownership.

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Clients 103

Advisor Perspectives

FEBRUARY 12, 2024

Four of the eight indexes on our world watch list have posted gains through February 12, 2024. Tokyo's Nikkei 225 finished in the top spot with a YTD gain of 10.26%. The U.S.'s S&P 500 finished in second with a YTD gain of 5.88% while France's CAC 40 finished in third with a YTD gain of 2.11%.

Marketing 59

Marketing Marketing 59

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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

Trade Brains

FEBRUARY 12, 2024

Jyoti CNC Automation, which went through the initial public offering in January 2024, had a substantial premium of Rs 84 even before the IPO. Such was the hype for this issue. Even after a month the stock sustained its hype, as one can see from its stock return of 30 percent since its listing on the secondary market. As of 12th February, the stock is trading at Rs 563.

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Manufacturing Electronics Engineering Healthcare 59

Advisor Perspectives

FEBRUARY 12, 2024

Without education on how to implement an allocation to private markets investments, many advisors are waiting on the sidelines despite the clear benefits of allocating.

Education 59

Education Investing Investments Marketing 59

Wealth Management

FEBRUARY 12, 2024

Expect to see more deals, Goss said, now that the ‘elite’ advisory network has an integration process to accommodate the volume of interest it is receiving.

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