Abnormal Returns

NOVEMBER 16, 2023

Active management Why asset allocators usually fail when it comes to manager selection. (investmentecosystem.com) When does conviction turn into arrogance? (flyoverstocks.com) Finance The London Stock Exchange Group is 'no longer particularly about London — or about trading stocks.' (ft.com) The Nasdaq ($NDAQ) has been on an acquisitions tear. (bloomberg.com) Auto insurance Why Florida has such high auto insurance rates - auto glass lawsuits.

Asset Allocation 233

Asset Allocation Financial Advising Insurance Communication 233

Wealth Management

NOVEMBER 16, 2023

CoStar looked at what entities besides landlords are among WeWork’s creditors during its bankruptcy. Cushman & Wakefield profiled investment activity among alternative property types. These are among the must reads from the real estate investment world to end the week.

Investing 115

Investing Investments 115

Calculated Risk

NOVEMBER 16, 2023

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report: Weekly Housing Trends View — Data Week Ending Nov 11, 2023 • Active inventory increased slightly, with for-sale homes 0.6% above year ago levels. For 20 straight weeks, the number of homes available for sale registered below that of the previous year. However, active listings exceeded last year’s levels this week, reversing the recent trend. • New listings–a measure of sellers putting homes up for s

Sales 112

Sales Numbers Marketing Marketing 112

Advisor Perspectives

NOVEMBER 16, 2023

Inflation is edging back toward pre-pandemic rates in the US, but rent inflation still has a long way to go. To put it into numbers, the all-items consumer price index was just 3.2% higher in October than a year earlier, but the rent of primary residence index was up 7.2%.

Numbers 111

Numbers 111

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

A Wealth of Common Sense

NOVEMBER 16, 2023

A reader asks: I keep hearing about the Magnificent 7 stocks are carrying the stock market this year while the rest of the stocks are sucking wind. Does this even matter? I get that these stocks could fall and bring the market down with them but should we be worried about this level of concentration? It’s true the Magnificent 7 stocks — Amazon, Apple, Facebook, Google, Microsoft, Nvidia and Tesla — are.

Marketing 111

Marketing Marketing 111

Million Dollar Round Table (MDRT)

NOVEMBER 16, 2023

By Sandy Schussel When I ask financial advisors or insurance agents what their biggest challenge is, the first answers are usually “not getting in front of enough qualified prospects,” “not managing my time well” or “being disorganized.” Many times, though, they’ll tell me they’re really “bad at sales” or “bad at closing.” When this is the case, it’s obviously a huge problem.

Sales 88

Sales Commission Financial Advisor Insurance 88

Wealth Management

NOVEMBER 16, 2023

Recent volatility has everyday investors looking to credit markets for the first time in years — or in some cases ever. Financial advisers have a few concerns.

Financial Advising 104

Financial Advising Marketing Marketing 104

The Irrelevant Investor

NOVEMBER 16, 2023

Today’s Compound and Friends is brought to you by Kraneshares: See here for more information on KraneShares Global Luxury Index ETF and here for a Talk Your Book discussing the Luxury ETF! On today’s show, we discuss: UBS Strategists see far deeper Fed rate cuts than what markets are pricing in How this year’s hottest investment could end up costing you Private equity, now featuring less equity.

Investing 73

Investing Investments Marketing Marketing 73

Wealth Management

NOVEMBER 16, 2023

Steward is getting into the M&A game for real, establishing an 'owned business’ division with Freedom Street Partners.

114

114

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

Advisor Perspectives

NOVEMBER 16, 2023

In October, nominal home values increased for a 7th straight months while "real" home values fell for a 2nd straight month. Last month's ZHVI came in at $346,653, up 0.26% from the previous month and up 1.75% from one year ago. However, after adjusting for inflation, the real figures are -0.14% month-over-month and -4.77% year-over-year.

69

69

Wealth Management

NOVEMBER 16, 2023

The SEC said it is delaying the decision on Hashdex's filing to 2024, a move they have already done for a number of other ETF hopefuls.

Numbers 107

Numbers 107

Advisor Perspectives

NOVEMBER 16, 2023

The latest Kansas City Fed Manufacturing Survey composite index declined again in November and the future outlook inched down. The composite index came in at -2, up from -8 in October, while the future outlook dropped to -1.

Manufacturing 69

Manufacturing 69

Wealth Management

NOVEMBER 16, 2023

Advisors will now have more flexibility in scheduling rebalances of their chosen models.

122

122

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

Advisor Perspectives

NOVEMBER 16, 2023

Industrial production declined for the first time in four months in October. On a monthly basis, industrial production fell 0.6%, a larger drop that the projected 0.3% decline. Additionally, compared to one year ago, industrial production showed a decrease of 0.68%.

64

64

Wealth Management

NOVEMBER 16, 2023

Now at $245 billion in AUM, Edellman Financial Engines expects to increase M&A momentum in the new year.

Engineering 110

Engineering Wealth Management Management 110

Advisor Perspectives

NOVEMBER 16, 2023

High mortgage rates continue to impact builder confidence as the National Association of Home Builders (NAHB) Housing Market Index (HMI) fell for a fourth consecutive month. With that said, recent macroeconomic data suggest improved conditions in the coming months. The index dropped 6 points from last month to 34, the index's lowest level since December 2022.

Marketing 64

Marketing Marketing 64

Wealth Management

NOVEMBER 16, 2023

When it comes to due diligence and even a transition, no two advisors – or their paths – are the same.

101

101

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

Advisor Perspectives

NOVEMBER 16, 2023

In the week ending November 11, initial jobless claims were at a seasonally adjusted level of 231,000, an increase of 13,000 from the previous week's revised figure. The latest reading is higher than the forecast of 220,000.

64

64

Wealth Management

NOVEMBER 16, 2023

Latest deals bring WEG to the Adirondacks and double the firm’s presence in Rochester.

107

107

Advisor Perspectives

NOVEMBER 16, 2023

The latest Philadelphia Fed manufacturing index rose this month but remained in negative territory for the 3rd straight month, indicating a continued decline overall. In November, the index increased to -5.9, coming in above the forecast of -9.0. The six-month outlook fell to -2.1, its first negative reading in 6 months.

Manufacturing 64

Manufacturing 64

Calculated Risk

NOVEMBER 16, 2023

The DOL reported : In the week ending November 11, the advance figure for seasonally adjusted initial claims was 231,00 0, an increase of 13,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 217,000 to 218,000. The 4-week moving average was 220,250, an increase of 7,750 from the previous week's revised average.

63

63

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

Trade Brains

NOVEMBER 16, 2023

Fedbank Financial Services IPO Review: Fedbank Financial Services Limited promoted by The Federal Bank Limited, is coming up with its Initial Public Offering. The IPO will open for subscription on November 22, 2023, and close on November 24, 2023. In this article, we will look at the Fedbank Financial Services Limited IPO Review 2023 and analyze its strengths and weaknesses.

Financial Services 59

Financial Services Banking Retail Management 59

Calculated Risk

NOVEMBER 16, 2023

From the Fed: Industrial Production and Capacity Utilization Industrial production declined 0.6 percent in October. Manufacturing output fell 0.7 percent. Much of this decline was due to a 10 percent drop in the output of motor vehicles and parts that was affected by strikes at several major manufacturers of motor vehicles—the index for manufacturing excluding motor vehicles and parts edged up 0.1 percent.

Manufacturing 61

Manufacturing 61

Trade Brains

NOVEMBER 16, 2023

Bajaj Finance : This might not be the first time you hear about clashes between Bajaj Finance and the RBI. Lately, it is making headlines for not one but many of its issues. Three major issues have hit this year, making people think twice about using Bajaj Finance services. So, what are those? Keep reading to learn more! First – Spam calls from Bajaj Finance Most people were extremely frustrated and annoyed by unwanted calls and messages from Bajaj Finance.

Compliance 59

Compliance Financial Services Insurance Numbers 59

Advisor Perspectives

NOVEMBER 16, 2023

In the context of fighting inflation, the “‘final mile”’ represents the successful and sustainable achievement of a central bank’s inflation target. Stephen Dover, Head of Franklin Templeton Institute, opines on the Fed’s ability to reach it.

Banking 59

Banking 59

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

Wealth Management

NOVEMBER 16, 2023

Thursday, November 30, 2023 | 2:00 PM ET

Portfolio 110

Portfolio 110

Advisor Perspectives

NOVEMBER 16, 2023

We understand that many economists/analysts/market participants are already discounting inflation as a serious problem for the U.S. economy. Even if this seems correct on the surface, the problem is very different for those who suffer the most from higher prices – middle- and lower-income individuals.

Economy 59

Economy Marketing Marketing 59

Calculated Risk

NOVEMBER 16, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Housing Starts for October. The consensus is for 1.345 million SAAR, down from 1.358 million SAAR.

55

55