The Big Picture

JANUARY 13, 2023

My Friday the 13th, end-of-week morning train WFH reads: • F@*$#*! 2022 was a record year for earnings call swearing : The “polycrisis” of runaway inflation, pandemics, interest rate increases, supply chain snafus and wars helped lift swearing on earnings calls and investor days to a new record high in 2022. Good job everyone. ( Financial Times Alphaville ). • Elon Musk Might Never Be the World’s Richest Person Again : It’s not just that he became the first person in history to have $200 billion

Media 264

Media Transportation Engineering Distribution 264

The Reformed Broker

JANUARY 13, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Callie Cox, and Downtown Josh Brown discuss discuss the latest CPI data, why Michael’s feeling a little bullish, calling the Fed’s bluff, chances of a soft landing, retail investor sentiment, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Retail Marketing Marketing 262

Nerd's Eye View

JANUARY 13, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Federal Trade Commission has proposed a nationwide ban on noncompete clauses in employee contracts, aiming to give employees more freedom to change jobs within the same industry. In the advisor world, where noncompete agreements are fairly common, a ban on the practice could incentivize firms to reassess their employee value proposition and to conside

Financial Planner 177

Financial Planner Retirement Planning Compliance Retirement 177

Abnormal Returns

JANUARY 13, 2023

Markets What has happened since the U.S. dollar topped out. (allstarcharts.com) Credit spreads are off their 2022 highs. (allstarcharts.com) Dividends The return from stock dividends compound over time. (awealthofcommonsense.com) Investing solely based on dividend yields is a mug's game. (humbledollar.com) Companies Apple's ($AAPL) CEO Tim Cook is taking a pay cut.

Financial Advising 147

Financial Advising Media Economy Investing 147

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Accounting

Pragmatic Capitalism

JANUARY 13, 2023

We are going to do a new 3 Minute Macro “Ask Me Anything” edition. It should be out next week or so.

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Pragmatic Capitalism

JANUARY 13, 2023

Here are some things I think I am thinking about: 1) The 3 Most Important Charts Today We posted a new 3 Minute Macro video about the three most important [ … ]

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The Irrelevant Investor

JANUARY 13, 2023

Today’s Compound and Friends is brought to you by Composer: See here for more information on Composers’ systematic strategies On today’s show, we discuss: Decembers CPI print Is the bond market calling the Fed’s bluff? The Fed’s game of chicken Jamie Dimon says Fed may need to hike interest rates beyond 5% Paul Tudor Jones compares Fed inflation fight to a moon landing The most importan.

Marketing 110

Marketing Marketing 110

Wealth Management

JANUARY 13, 2023

Principal Asset Management collabs with YieldX and Smartleaf, Modern Life partners with Pacific Life, Advisor360 absorbs Agreement Express and a new hire at Carefull.

Assets 109

Assets Management 109

Alpha Architect

JANUARY 13, 2023

How do you separate the signal from the noise? To have confidence that a factor premium, or strategy, isn’t just the result of data mining - a lucky/random outcome - we recommended that you should require evidence that the premium has been not only persistent over long periods of time and across economic regimes, but also pervasive across sectors, countries, geographic regions and even asset classes; robust to various definitions (for example, there has been both a value and a momentum premium u

Economics 107

Economics Assets Investing Investments 107

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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

JANUARY 13, 2023

A lot can be learned listening to clients’ experiences working with financial advisors—good and bad. We talked to Dennis Shirshikov, a strategist with Awning, a real estate investment platform.

Clients 104

Clients Financial Advisor Investing Investments 104

Calculated Risk

JANUARY 13, 2023

On COVID (focus on hospitalizations and deaths). Data is now weekly. Weekly deaths bottomed in July 2021 at 1,666. COVID Metrics Now Week Ago Goal New Cases per Week 2 414,721 477,230 ≤35,000 1 Hospitalized 2 38,840 39,925 ≤3,000 1 Deaths per Week 2 ? 3,907 2,705 ≤350 1 1 my goals to stop weekly posts, 2 Weekly for Cases, Currently Hospitalized, and Deaths ?

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Numbers 103

Wealth Management

JANUARY 13, 2023

The company run by Barry Silbert is dealing with changes and challenges within some of its biggest subsidiaries following the sudden collapse of FTX.

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Walkner Condon Financial Advisors

JANUARY 13, 2023

For the first time since 2018, the S&P 500, along with most other major indices had a negative return for the calendar year in 2022. Financial buzzwords like inflation and interest rates appeared constantly in the media and social media, and rightfully so with the role they played. Meanwhile, conflict abroad, unfortunately, came into the spotlight with the invasion of Ukraine, sending a global shockwave that had a large impact financially.

Financial Advisor 98

Financial Advisor CFP Marketing Marketing 98

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

JANUARY 13, 2023

Merrill Lynch Wealth Management President Andy Sieg said we are in a "bull market for advice." Meanwhile, in its quarterly earnings, Wells Fargo reported a slight dip in its headcount over 2021.

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Wealth Management Marketing Marketing Management 103

Integrity Financial Planning

JANUARY 13, 2023

Life in retirement can feel a little slow and quiet, especially when you spend lots of time at home, have become an empty nester, or haven’t picked up any new hobbies. Plant parenting is a great way to fill up your time. It invests you in nurturing life, prompts you to learn new things, and engages you in routine. If you are new to it, you may be unsure of what plants to get, which ones are safe and how to properly take care of them.

Financial Planning 98

Financial Planning Retirement Planning Investing 98

Advisor Perspectives

JANUARY 13, 2023

Big global banks are eying some of the world’s most fragile countries for a new experiment in financial engineering: debt relief in exchange for environmental protections.

Engineering 97

Engineering Banking 97

A Wealth of Common Sense

JANUARY 13, 2023

I don’t like making big, bold macro predictions. There are too many unknown variables involved and even if I did nail my macro forecast, it probably wouldn’t help my portfolio anyway since the market reaction to the economic data is more important than the data itself. Last week Michael and I were on Plain English with Derek Thompson discussing the confusing nature of the current macro environment.

Economics 96

Economics Portfolio Marketing Marketing 96

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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

Good Financial Cents

JANUARY 13, 2023

Even if you overcame financial issues caused by the pandemic, the last few years have made it difficult to “get ahead.” The statistics show that time and time again, consumers are struggling to make ends meet due to much higher prices across the board. A recent report by PYMNTS and LendingClub showed that 60% of American consumers have had to cut spending due to high inflation over the last 12 months.

Accounting 92

Accounting Retail Food Banking 92

Wealth Management

JANUARY 13, 2023

Considerations to take into account when establishing trusts in jurisdictions other than the one in which the client lives.

Accounting 109

Accounting Clients 109

Calculated Risk

JANUARY 13, 2023

From BofA: Overall, our 4Q GDP tracking estimate moved from 1.5% q/q saar as of our last weekly publication to 2.6% q/q saar after our batch update [Jan 6th estimate] emphasis added From Goldman: We left our Q4 GDP tracking estimate unchanged at +2.6% (qoq ar). [ Jan 10th estimate] And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 4.1 percent on January 10, up from 3.8 percent on January 5.

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Wealth Management

JANUARY 13, 2023

In the second week of 2023, RIA M&A announcements abound with deals from Cerity Partners, Captrust and Mercer, among others.

Assets 104

Assets 104

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Accounting

Advisor Perspectives

JANUARY 13, 2023

The January Preliminary Report came in at 64.6, up 4.9 (8.2%) from the December Final. Investing.com had forecast 60.5. Since its beginning in 1978, consumer sentiment is 24 percent below the average reading (arithmetic mean) and 23 percent below the geometric mean.

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Wealth Management

JANUARY 13, 2023

A viral video shows the most aesthetically pleasing way to prepare your taxes. Here are some tips that will actually help.

Taxes 101

Taxes 101

Advisor Perspectives

JANUARY 13, 2023

The S&P 500 climbed this week as it crossed its 200-day moving average and finished the week just shy of 4,000, its highest close in the past month. The index is up 4.16% YTD and is still 16.63% below its record close.

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Wealth Management

JANUARY 13, 2023

Focus on monitoring the most important metrics, including these 4 KPIs.

Management 113

Management 113

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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

Wealthfront

JANUARY 13, 2023

Tax season is here and it’s time to start thinking about your 2022 tax return. Working on your taxes might seem intimidating, but it doesn’t have to be. Here are eight ways you can get ready for Tax Day, whether you’re working with an accountant or using tax preparation software like TurboTax. 1. Mark your […]. The post 8 Ways to Get Ready to File Your 2022 Tax Return appeared first on Wealthfront Blog.

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Taxes Accounting Planning 59

Wealth Management

JANUARY 13, 2023

Will the lenders come to collect? Yes, they almost certainly will.

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Assets 113

Validea

JANUARY 13, 2023

Finding profits from growth stocks has gotten harder and harder, especially as interest rates have risen. Investors have flocked to value stocks instead, with a 30% drop in the Russell 1000 Growth Index compared to a 10% drop in the Russell 1000 Value Index. And as long as the high interest rates stick around, growth stocks’ appeal will be dimmed, reports an article in Barron’s.

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Valuation Wealth Management Healthcare Portfolio 59