Fri.Nov 17, 2023

article thumbnail

What Is a FinCEN Identifier?

Wealth Management

Understand this important aspect of the Corporate Transparency Act, as well as its limitations.

306
306
article thumbnail

October Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction

Calculated Risk

Today, in the CalculatedRisk Real Estate Newsletter: October Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction Excerpt: The third graph shows the month-to-month comparison for total starts between 2022 (blue) and 2023 (red). Total starts were down 4.2% in October compared to October 2022. And starts year-to-date are down 11.3% compared to last year.

Numbers 261
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The WealthStack Podcast: The Power of Visuals to Create Deeper Engagement with Dr. Ross Riskin

Wealth Management

visiWealth founder Dr. Ross Riskin discusses the how engaging visuals takes the complexity out of financial planning.

article thumbnail

Housing Starts Increased to 1.372 million Annual Rate in October

Calculated Risk

From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately‐owned housing starts in October were at a seasonally adjusted annual rate of 1,372,000. This is 1.9 percent above the revised September estimate of 1,346,000, but is 4.2 percent below the October 2022 rate of 1,432,000. Single‐family housing starts in October were at a rate of 970,000; this is 0.2 percent above the revised September figure of 968,000.

204
204
article thumbnail

2025 Industry Index: How Top Advisors Are Scaling Smarter (and Faster) This Year

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

article thumbnail

Osaic Consolidation Drives Record Recruiting

Wealth Management

Executives say Osaic's new name and consolidation drove a 240% increase in its recruited assets in the third quarter over a year ago.

article thumbnail

Q4 GDP Tracking: Close to 2%

Calculated Risk

From Goldman: We boosted our Q4 GDP tracking estimate by 0.1pp to +1.9% (qoq ar) and our domestic final sales estimate by 0.1pp to 2.0%. [Nov 17th estimate] emphasis added And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2023 is 2.0 percent on November 17, down from 2.2 percent on November 15.

Sales 162

More Trending

article thumbnail

Lawler: Early Read on Existing Home Sales in October

Calculated Risk

Today, in the CalculatedRisk Real Estate Newsletter: Lawler: Early Read on Existing Home Sales in October Excerpt: Chart of the Week: Mortgage Rates Follow MBS Yields, Not 10-Year Treasury Yields For an explanation of “why”, see Lawler: Update on Mortgage/Treasury Spreads From Tom Lawler: 30 Year FRM: Optimal Blue Conventional Conforming 30-year Fixed-Rate Mortgage where LTV 740.

Sales 162
article thumbnail

WealthStack Roundup: Farther Reaches $1.6B In AUM

Wealth Management

Also, Wealthfront grew client assets, Income Lab selects BridgeFT, Summit adds LifeYield, and AdvicePay surpasses a million transactions.

Assets 299
article thumbnail

The Fed’s Gonna Cut

The Reformed Broker

On episode 118 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Kevin Simpson to discuss: covered call strategies, the Fed, Warren Buffett’s latest moves, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else!

Marketing 161
article thumbnail

Ketoret Capital Leaves Sanctuary for Focus Financial Partner, Telemus Capital

Wealth Management

Telemus adds Chicago-based Ketoret Capital, which focuses on serving widows, divorcees and members of the Jewish diaspora.

298
298
article thumbnail

Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

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.

article thumbnail

4 Charts That Explain the Stock Market

A Wealth of Common Sense

I saw a chart this week from Bank of America that more or less sums up my entire investment philosophy: In the long run, stock prices go up. I view the stock market as a way to invest in innovation, profits, progress and people waking up in the morning looking to better their current situation. While I love the fact that this chart illustrates my long-term philosophy it’s a bit misleading.

Marketing 143
article thumbnail

Keeping The Tech Simple

Wealth Management

Ron Chandler, president of Summit Investment Management, provides an honest assessment of the technology tools used by the $75-million-AUM firm to work with clients and drive business.

Clients 297
article thumbnail

The Magnificent Seven

Alpha Architect

When a small subset of companies makes up a large portion of a portfolio, for better or worse their returns will have a greater impact on overall portfolio results. The Magnificent Seven was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Portfolio 134
article thumbnail

What My 22-year-old Niece Taught Me About the Future of Wealth Management

Wealth Management

The tax code may be complicated, but it's got nothing on TikTok slang.

article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

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.

article thumbnail

Politics and Your Portfolio

The Big Picture

I had fun chatting with David L. Bahnsen of The Bahnsen Group. David hosts a podcast on National Review with the delightfully punny title, Capital Record. David is a card-carrying conservative; we are on the opposite sides of many issues, but we always manage to enjoy a respectful debate about broad issues and theory. I think you will enjoy our conversation… Source : Episode 145: Politics and Your Portfolio DAVID L.

Portfolio 130
article thumbnail

Maya Joelson Joins Savvy Advisors from Perigon Wealth Management

Wealth Management

Joining as a founding managing partner and global investment strategist, Joelson brings an impressive resume to the nascent, tech-centric advisory platform.

article thumbnail

Middle-Class Hourly Wages as of October 2023

Advisor Perspectives

I've updated this series to include the October release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $49,185, down 8.1% from over 50 years ago. After adjusting for inflation, hourly earnings are below their all-time high from April 2020.

116
116
article thumbnail

Edelman Financial Sues Mariner For Stealing Clients, Defamation

Wealth Management

Mariner's "ongoing" campaign to lure Edelman Financial Engines advisors incentivizes them to break employment agreements and a "sinking ship"

article thumbnail

How to Avoid Pitfalls In Automation: Keep Humans In the Loop

Speaker: Erroll Amacker

Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.

article thumbnail

Fundamental Analysis Of Waaree Renewable Technologies

Trade Brains

Fundamental Analysis Of Waaree Renewable Technologies : Electricity is a necessity and there would be no commercial activity in the economy without energy. Industries and Households require electricity in day-to-day activities and operations. In this article, we are going to fundamentally discuss a company that is into Solar Power Supplier as well as undertake projects on Installation.

article thumbnail

RIA Roundup: Carson Wealth Adds Locations in Georgia, Montana

Wealth Management

It was another busy week for M&A in the RIA space, with no less than 10 firms announcing deals, representing close to $8 billion in transacted assets.

Assets 278
article thumbnail

3 Old Board Games to Revisit

Integrity Financial Planning

In a time when computers and online platforms dominate our leisure time, revisiting classic board games like Scrabble, Rummikub, and Clue can offer a refreshing change of pace and a great way to unplug for the night. These games, timeless in their appeal, provide not just entertainment but also a way to stimulate the mind and foster social connections.

article thumbnail

Strategic Insights: Unleashing the Power of Value-Add Programs in Wealth Management

Wealth Management

Wednesday, December 13, 2023 | 2:00 PM ET

article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

Building Permits Increase 1.1% in October

Advisor Perspectives

In October, building permits reached a seasonally adjusted annual rate of 1.487 million, surpassing the forecasted 1.450 million. This marks a 1.1% increase from September and a 4.4% decline compared to one year ago.

64
article thumbnail

How to Create a Robust Succession Plan for Your Firm

Wealth Management

Pass the torch with confidence.

Planning 264
article thumbnail

Housing Starts Rise 1.9% in October

Advisor Perspectives

In October, housing starts rose to a seasonally adjusted annual rate of 1.372 million, surpassing the forecasted 1.345 million. This marks a 1.9% increase from September and a 4.2% decline compared to one year ago.

64
article thumbnail

Kingswood SPAC Gets Another Extension to Complete Wentworth Merger

Wealth Management

Kingswood now has until Feb. 24 of next year to complete its merger with broker/dealer aggregator Wentworth.

176
176
article thumbnail

Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?

article thumbnail

RecessionAlert Weekly Leading Economic Index

Advisor Perspectives

The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of November 3rd, the index was at 7.535, up 0.337 from the previous week, with 4 of the 6 components in expansion territory.

article thumbnail

Making the Most of Your Asset Manager Partners

Wealth Management

Wednesday, December 13, 2023 | 2:00 PM ET

Assets 147
article thumbnail

100 Reasons Why Your Financial Advisor Should Not Use Mutual Funds

Dear Mr. Market

Dear Mr. Market: The stock market is made up of thousands of choices and one easy way to gain exposure to it is via mutual funds. While we don’t want to broad brush the topic, we’re going to get right into it and explain 100 reasons why you or your financial advisor should not be using mutual funds versus ETFs (Exchange Traded Funds). Costs/Expenses : ETFs typically have lower expense ratios compared to mutual funds.

article thumbnail

S&P 500 Snapshot: November Rally Lives On

Advisor Perspectives

The S&P 500 rose for a third straight week, finishing Friday up 2.2% from the previous week. The index has now posted gains for 11 of the 13 trading days in November thus far. The index is currently up 18.04% year to date and is 5.89% below its record close from January 3, 2022.

59
article thumbnail

Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.