The Big Picture

SEPTEMBER 16, 2022

The traditional finance conference was murdered this week. A stake was driven through its heart by innovators tired of the old ways. It was, to be fair, a mercy killing. Living in the past, running on inertia, nobody bothered to tell the patient that it was time to say your goodbyes before we pull the plug. The industry had forgotten why it even exists: To serve an audience that wants to get out of the office, hang with its peers, and learn how to be better at what it does.

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Financial Planning Financial Advice Financial Advisor Food 339

The Reformed Broker

SEPTEMBER 16, 2022

Thank you all for coming and for all the amazing feedback for the event we threw this week. It was a long time in the making and such a whirlwind. I am still recovering and resting up. I will have more to say soon, but for now here are some great shots of Future proof 2022. The post Pics from Future Proof Festival 2022 appeared first on The Reformed Broker.

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The Big Picture

SEPTEMBER 16, 2022

Earlier this month, we discussed the idea of Electrifying Classic Cars. I spoke to several people and decided to work with a shop in Austin, Texas. After reviewing the process, costs, and timeline, I put down a deposit. Note there is a one-year waiting list before your spot in the queue comes up for work to even begin. Step 2: Decide on a model and date range to convert.

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Nerd's Eye View

SEPTEMBER 16, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with a report from Future Proof, dubbed the “world’s largest wealth festival”, held this week on(!) Huntington Beach, California. In addition to being held outdoors, the event stood out from ‘standard’ industry conferences in other ways, from the wide scope of its content to the diverse makeup of its attendees.

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Accounting

The Big Picture

SEPTEMBER 16, 2022

?. My segment begins about the ~50-minute mark. We discuss everything from EVs to Inflation to Roe v Wade, to companies that behaved poorly during the pandemic. The post Stand Up with Pete appeared first on The Big Picture.

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Abnormal Returns

SEPTEMBER 16, 2022

Economy Derek Thompson talks with Mark Zandi about the coming housing recession. (theringer.com) Roben Farzad talks abou the new world of work with Ed Zitron and Kian Gohar. (podcasts.apple.com) Cameron Passmore and Benjamin Felix talk gender inequality with Colleen Ammerman, author of "Glass Half-Broken: Shattering the Barriers That Still Hold Women Back at Work.

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Economy Investing Investments 130

The Reformed Broker

SEPTEMBER 16, 2022

Final Trades: Intuitive Surgical, Ardagh Metal & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Calculated Risk

SEPTEMBER 16, 2022

The DOL reported : In the week ending September 10, the advance figure for seasonally adjusted initial claims was 213,000 , a decrease of 5,000 from the previous week's revised level. The previous week's level was revised down by 4,000 from 222,000 to 218,000. The 4-week moving average was 224,000, a decrease of 8,000 from the previous week's revised average.

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FMG

SEPTEMBER 16, 2022

While presentations and town hall meetings still have their place in today’s event landscape there are better ways to host memorable client events. Between choosing a topic, venue, and theme, the possibilities are endless. Even better, with current technology, we’re now able to host virtual events that can be as engaging as in-person ones. . First, let’s talk about some of the benefits of hosting a client event , and then we will cover some creative ways to get your clients and their famil

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Clients Food Education Retirement Planning 108

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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

SEPTEMBER 16, 2022

Traditional strongholds of wealth, such as New York and Los Angeles, are losing a segment of their HNWIs to other cities across the country and abroad.

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NAIFA Advisor Today

SEPTEMBER 16, 2022

Here are three ways people 62 and older (working in tandem with their advisors) can incorporate reverse mortgages into sound retirement plans to potentially improve retirement outcomes. When it comes to making savings last over a lengthy retirement period, retirees have no shortage of obstacles to contend with: soaring inflation, longer life expectancy, volatile markets, exuberant long-term care costs — the list goes on and on.

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Calculated Risk

SEPTEMBER 16, 2022

On a monthly basis, retail sales were up 0.3% from July to August (seasonally adjusted), and sales were up 9.1 percent from July 2021. From the Census Bureau report : Advance estimates of U.S. retail and food services sales for August 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $683.3 billion, an increase of 0.3 percent from the previous month , and 9.1 percent above August 2021.

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Retail Sales Food 98

MainStreet Financial Planning

SEPTEMBER 16, 2022

There was big news earlier this month when the White House administration announced most student loan borrowers could qualify for $10k in forgiveness. While there are rules and stipulations for this one-time forgiveness, I will save that for another article, because I’d like to focus on another student loan forgiveness program that has been around since 2007 and receives so little attention, that most people often forget about it.

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Education Certification Government Planning 91

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

Calculated Risk

SEPTEMBER 16, 2022

Today, in the Calucalated Risk Newsletter: California Home Sales off 24% YoY in August, Prices Up Only 1.4% YoY; August Existing Home Sales Forecast On California: August’s sales pace was up 6.1 percent on a monthly basis from 295,460 in July and down 24.4 percent from a year ago , when 414,860 homes were sold on an annualized basis. The statewide median price edged up 0.7 percent in August to $839,460 from the $833,910 recorded in July and was up 1.4 percent from the $827,940 recorded last Augu

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Sales 95

Alpha Architect

SEPTEMBER 16, 2022

How did Momentum investing perform after the previous two valuation peaks? This article answers this question. Key finding: Momentum investing also performed well following episodes when value stocks were cheap. Of course, momentum portfolios did not perform nearly as well as value portfolios, but they did still beat the generic market. We dig into the details below.

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Wealth Management

SEPTEMBER 16, 2022

SEC Chairman Gary Gensler discussed his views on cryptocurrencies, agency resources and the commission’s proposed rule for climate risk disclosures for issuers during testimony before the Senate Banking Committee.

Banking 88

Banking 88

Million Dollar Round Table (MDRT)

SEPTEMBER 16, 2022

By Matt Pais, MDRT Content Specialist You may not think there are overlaps between being a financial advisor and being a musical theater performer. In his 2014 Annual Meeting presentation, “Passion, perseverance and Puccini,” however, Darryl Lovegrove, who has appeared in the Australian and New Zealand tours of “Jesus Christ Superstar,” demonstrated that his philosophies for success are relevant for anyone looking for motivation, inspiration and focus.

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Financial Advisor 88

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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

SEPTEMBER 16, 2022

Carson Group announced some big changes to its services and platforms to kick off its annual Partner Summit in Las Vegas this week.

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Random Roger's Retirement Planning

SEPTEMBER 16, 2022

Some interesting conversations and the like related to portfolio construction and the use of alternative strategies. Nomadic Samuel kicked it off on Twitter with the following portfolio in a poll, asking whether a simple two fund, equity/bond 60/40 portfolio made more sense. The above portfolio is a great benchmark for over the top complexity. I am obviously not a fan of plain vanilla 60/40 but there's all sorts of middle ground to build something simpler that minimizes interest rate risk for an

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Planning Portfolio Investing Investments 82

Wealth Management

SEPTEMBER 16, 2022

A recent article in the San Francisco Standard predicted an “epic crash” for the city’s office sector. Here’s what our CRE experts say about its claims.

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Clever Girl Finance

SEPTEMBER 16, 2022

Do you have a shopping habit you’d like to kick ? Some people love to shop in stores every day, perusing the aisles and never coming home empty-handed. Others have developed online shopping habits that they’d like to cut back on. Whatever your reason, if you’d like to curb your shopping habit, you’ve come to the right place! Here, we go over how a damaging shopping habit can hurt your finances and the key steps you can take to break your shopping habit once and for all.

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Advertising Accounting Budgeting License 74

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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

SEPTEMBER 16, 2022

Shawn Everett Good faces up to 30 years in prison after pleading to charges of wire fraud and money laundering, according to the Department of Justice.

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Calculated Risk

SEPTEMBER 16, 2022

From the Fed: Industrial Production and Capacity Utilization Industrial production decreased 0.2 percent in August. Manufacturing output edged up 0.1 percent after increasing 0.6 percent in July. The index for mining was unchanged, and the index for utilities decreased 2.3 percent. At 104.5 percent of its 2017 average, total industrial production in August was 3.7 percent above its year-earlier level.

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Manufacturing 70

Wealth Management

SEPTEMBER 16, 2022

Although the next gen may be a long way from having a vote, give them a voice.

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NAIFA Advisor Today

SEPTEMBER 16, 2022

NAIFA is proud to celebrate National Hispanic Heritage Month, September 15 - October 15.

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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

SEPTEMBER 16, 2022

Boston-area Beaumont Financial is set to become the fourth new Focus Financial partner in 2022.

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Validea

SEPTEMBER 16, 2022

Jerome Powell’s speech at the Jackson Hole conference last month garnered a lot of attention, but perhaps more should be paid to Agustin Carstens’ speech instead, contends an article in Barron’s. Carstens, the head of the Bank for International Settlements, spoke about the volatility in the market and his belief that it’s not a fluke; rather the entire global economy is in the process of transformation that will force much rethinking of economic policy.

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Government Economics Banking Economy 64

Wealth Management

SEPTEMBER 16, 2022

SLK Private Wealth brings a team of 13 to Sanctuary’s newest Southern California location.

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