Nerd's Eye View

NOVEMBER 29, 2023

The traditional way that most financial planning has been offered was for an advisor to create "The Plan": a comprehensive document outlining a client's financial strategy that was delivered either on a one-time basis or updated annually. However, as the industry has shifted towards an ongoing relationship model, advisors have felt compelled to demonstrate consistent value to their clients throughout the year.

Planning 208

Planning Financial Planning Communication Clients 208

Abnormal Returns

NOVEMBER 29, 2023

Podcasts Christine Benz and Jeff Ptak talk with Tiffany Aliche, author of the new book "Made Whole: The Practical Guide to Reaching Your Financial Goals." (morningstar.com) Christine Benz and Jeff Ptak talk with Mike Moran, managing director and pension strategist for Goldman Sachs ($GS) about the state of retirement preparedness. (morningstar.com) Same As Ever Lessons learned from Morgan Housel's new book "Same As Ever: Timeless Lesson on Wealth, Greed and Happiness.

Retirement 248

Retirement Retirement Planning Budgeting Portfolio 248

Carson Wealth

NOVEMBER 29, 2023

By Matt Lewis, CLTC ® , Vice President, Insurance In today’s world it’s fair to say that most reasonable people believe they are going to live a long life. And when you live a long life, it’s also fair to say that sooner or later, we’re going to need some form of care. Seven out of 10 people will eventually require long-term care in their lifetime. 1 How expensive that care is depends on where you live.

Planning 143

Planning Insurance Assets Financial Advisor 143

Abnormal Returns

NOVEMBER 29, 2023

Strategy It can take awhile for investors to come around to a bull market. (ritholtz.com) It's hard to be a pessimistic long-term investor. (blog.validea.com) Rates Positive real interest rates give bond investors a cushion. (alphaarchitect.com) Is the top finally in for mortgate rates? (mortgagenewsdaily.com) Crypto Does Binance really have a second life, post-indictment?

Financial Advising 229

Financial Advising Media Economy Economics 229

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

Calculated Risk

NOVEMBER 29, 2023

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey — Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 24, 2023. This week’s results include an adjustment for the observance of the Thanksgiving holiday.

Marketing 110

Marketing Marketing 110

Calculated Risk

NOVEMBER 29, 2023

Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie Serious Delinquencies in October: Single Family Declined, Multi-Family Increased Brief excerpt: Single-family serious delinquencies continued to decline in October, however, multi-family serious delinquencies increased. Freddie Mac reports that multi-family delinquencies increased to 0.26% in October, up from 0.15% in October 2022.

Marketing 108

Marketing Marketing 108

Wealth Management

NOVEMBER 29, 2023

In a session that lasted more than two hours, the justices suggested that people accused of fraud by the SEC have a constitutional right to go before a federal court jury, at least when the commission is seeking civil penalties.

Commission 108

Commission 108

Steve Feinberg

NOVEMBER 29, 2023

At Appletree Business Services, everything we do is for our clients—from bookkeeping to payroll and more. And while hearing their feedback is more than enough for us, it’s always nice when our services are recognized by the wider industry. That’s why we’re proud to announce that Appletree is the recipient of the Clutch Global and Clutch Champion awards for 2023 in recognition of our commitment to excellence in the small business accounting services field.

B2B 98

B2B Ethics Clients Accounting 98

Advisor Perspectives

NOVEMBER 29, 2023

Ever since Alan Turing’s “imitation game,” we’ve been acutely aware of the importance of measuring the capabilities of computers against our own miraculous brains.

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98

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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

NOVEMBER 29, 2023

Fractionalized investments and distributed ledger technology will take the friction, and embedded costs, out of investing, Tokenbridge's founders say.

Investing 105

Investing Investments Distribution 105

Advisor Perspectives

NOVEMBER 29, 2023

Content creation is a lot like building furniture; you need a plan and the right components.

Planning 115

Planning 115

Wealth Management

NOVEMBER 29, 2023

Ryan Parker, CEO of EP Wealth, sheds light on the firm’s intentional M&A strategy and what it means for the company’s development.

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113

A Wealth of Common Sense

NOVEMBER 29, 2023

Today’s Animal Spirits is brought to you by the Victory Shares Free Cash Flow ETF: See here for more information on getting exposure to high-quality companies with trailing and expected free cash flow Register here for Episode 2 of The Smoke Show, on November 29th at 2PM Eastern On today’s show, we discuss: A default cycle has started, but credit spreads remain tight Billions wiped out as stock-safety tra.

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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

NOVEMBER 29, 2023

Iconic investor Charlie Munger left a lengthy record of the keys to his success, delivered with his trademark bluntness and humor.

Investing 111

Investing Investments 111

Advisor Perspectives

NOVEMBER 29, 2023

Real gross domestic product increased at an annual rate of 5.2% in Q3 2023, according to the second estimate. The latest estimate is higher than the forecasted 4.9% growth and is more than double the pace of the Q2 2023 GDP final estimate of 2.1%.

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Wealth Management

NOVEMBER 29, 2023

While clients and funding remain under wraps, Tokenbridge has plans to tokenize and revitalize the investment industry.

Startup 110

Startup Distribution Clients Planning 110

Advisor Perspectives

NOVEMBER 29, 2023

Bitcoin's price hovered about $37,000 this past week as the digital currency closed each day of the past week between $37,000 and $38,000. BTC is now up ~126% year to date. Here's the latest charts on three of the largest cryptocurrencies by market share through 11/28.

Marketing 64

Marketing Marketing 64

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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

NOVEMBER 29, 2023

They could expand the number of accounts that qualify as DAFs and the pool of persons subject to applicable excise taxes.

Taxes 111

Taxes Accounting Numbers 111

Validea

NOVEMBER 29, 2023

By Justin Carbonneau ( Twitter | LinkedIn | YouTube ) — Optimism is defined as the “hopefulness and confidence about the future or the successful outcome of something.” Pessimism is defined as “a tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.” I think for most investors their degree of optimism and pessimism l ikely fluctuates with the performance of their investments and the overall market.

Investing 64

Investing Investments Risk Tolerance Financial Advisor 64

Wealth Management

NOVEMBER 29, 2023

Fractionalized investments and distributed ledger technology will take the friction, and embedded costs, out of investing, Tokenbridge's founders say.

Investing 97

Investing Investments Distribution 97

Calculated Risk

NOVEMBER 29, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for an increase to 218 thousand from 209 thousand last week. • Also at 8:30 AM, Personal Income and Outlays, October 2023. The consensus is for a 0.2% increase in personal income, and for a 0.2% increase in personal spending.

Sales 63

Sales Management 63

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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

NOVEMBER 29, 2023

Open, honest and candid discussion about fund lawsuits, DC plan trends, 403(b) use of PEPs.

Planning 110

Planning 110

Calculated Risk

NOVEMBER 29, 2023

Fed's Beige Book "This report was prepared at the Federal Reserve Bank of Atlanta based on information collected on or before November 17, 2023." On balance, economic activity slowed since the previous report , with four Districts reporting modest growth, two indicating conditions were flat to slightly down, and six noting slight declines in activity.

Economics 61

Economics Transportation Manufacturing Sales 61

Wealth Management

NOVEMBER 29, 2023

Federal court finds foreign tax credit can offset net investment income tax.

Taxes 114

Taxes Investing Investments 114

Calculated Risk

NOVEMBER 29, 2023

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in September A brief excerpt: NOTE: Starting next month, I’ll add some comparisons to 2019 data (pre-pandemic)! Each month I track closed sales, new listings and active inventory in a sample of local markets around the country (over 40 local housing markets) in the US to get an early sense of changes in the housing market.

Marketing 61

Marketing Marketing Sales 61

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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

NOVEMBER 29, 2023

Draft estate planning documents with flexibility to account for a future diagnosis.

Estate Planning 111

Estate Planning Accounting Planning 111

Calculated Risk

NOVEMBER 29, 2023

From the BEA: Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2023 Real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023 , according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.1 percent.

Government 61

Government Economics Investing Investments 61

Wealth Management

NOVEMBER 29, 2023

Money is personal. Wealth management should be as well.

Wealth Advisor 114

Wealth Advisor Wealth Management Management 114