The Reformed Broker
JANUARY 25, 2023
Bitcoin is a middling technology that, 15 years after its introduction to the world, still does not have a single legitimate use case in the developed world where it’s the best possible solution to a problem. It’s worse than our traditional stores of value (gold, US dollar) because of its inherent volatility (roughly 5x more volatile than the stock market).
The Big Picture
JANUARY 25, 2023
Fascinating discussion this morning from Robin Powell. He points to a research note from Kings College where the authors surveyed active managers about how they were responding to the shift in favor from active to passive fund management over the past decade or two. But they also asked questions about how these managers invested their own monies. Robin buries the lede in his discussion, but allow me to correct that oversight: “ Active managers invest their own capital passively.” Man
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The Reformed Broker
JANUARY 25, 2023
I had a bit of a flashback last night to the year 2000, sitting in my office after hours watching JDS Uniphase collapse on the heels of its conference call after reporting “better than expected” earnings for the quarter. Throughout 2000, techs and telecoms were still making a ton of profit, but it was becoming apparent that they were still coasting on the spend from 1999.
Wealth Management
JANUARY 25, 2023
Proactive ways to attract and retain diverse talent from PlanCorp's chief talent officer.
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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
The Big Picture
JANUARY 25, 2023
My mid-week morning train WFH reads: • NYSE Investigates Technical Issue That Caused Wild Market Open : At least 40 S&P 500 stocks were hit with trading halts. NYSE says it’s investigating issues with the opening auction. ( Bloomberg ) • For Tech Companies, Years of Easy Money Yield to Hard Times : Rock-bottom rates were the secret engine fueling $1 billion start-ups and virtual attempts to conquer the physical world.
Wealth Management
JANUARY 25, 2023
Asset-Map brings visualized financial planning and advice-led solutions to the organization’s 8,000 independent financial professionals.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
JANUARY 25, 2023
The CFP Board Center of Financial Planning will concentrate on pro bono and research work, while the CFP Board of Standards will focus on certifying advisors.
The Reformed Broker
JANUARY 25, 2023
IBM beats on top line, profits in margin from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.
Wealth Management
JANUARY 25, 2023
Securian’s retail wealth business, including some $72.
Abnormal Returns
JANUARY 25, 2023
Crypto Some crypto miners are sitting on valuable electricity contracts. (ft.com) The crypto bottoming keeps gaining momentum. (coindesk.com) Companies Josh Brown, "If you were the CEO or CFO of a Fortune 500 company, why wouldn’t you project caution right now?" (thereformedbroker.com) What you can learn about enterprise spending from Microsoft's ($MSFT) earnings.
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.
Wealth Management
JANUARY 25, 2023
Business students at the school have recently launched their own private equity real estate fund, which aims to deliver returns to real-life investors. Here’s how they raised the money and plan to deploy their capital.
Nerd's Eye View
JANUARY 25, 2023
With the U.S. economy predicted by many experts to slow down in the near future, many people’s thoughts have turned to the prospect of a recession. And along with those expectations may come concerns for those still in the workforce about the possibility of layoffs, and needing to get by without income for an unknown period of time. Such periods can be fraught with anxiety, since beyond 'just' the fear of losing one’s livelihood is the realization that there is little way to control
Wealth Management
JANUARY 25, 2023
Tax avoidance strategies won't last forever.
Calculated Risk
JANUARY 25, 2023
From Black Knight: Black Knight’s First Look: Mortgage Delinquencies Closed 2022 Down 9% for the Year, While Prepayments Hit Third Consecutive Record Low • The national delinquency rate inched up 7 basis points in the month to 3.08% , but finished the year 30 basis points (-9%) below its December 2021 level • Prepayment activity fell to 0.39% – with single month mortality (SMM) hitting its third consecutive record low dating back to 2000 when Black Knight began reporting the metric • Serious del
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.
Wealth Management
JANUARY 25, 2023
Any deal would require negotiations with the National Association of Realtors. Move’s Realtor.com operates under an agreement and trademark license with the group. The Realtors’ group is using the potential transaction to demand terms that would make an acquisition unappealing to CoStar or other potential buyers, according to one of the people familiar with the transaction.
Calculated Risk
JANUARY 25, 2023
Freddie Mac reported that the Single-Family serious delinquency rate in December was 0.66%, unchanged from 0.66% November. Freddie's rate is down year-over-year from 1.12% in December 2021. Freddie's serious delinquency rate peaked in February 2010 at 4.20% following the housing bubble and peaked at 3.17% in August 2020 during the pandemic. These are mortgage loans that are "three monthly payments or more past due or in foreclosure".
Wealth Management
JANUARY 25, 2023
The Wall Street Journal breaks down the competition in the race to land casino licenses in New York City. King Charles’ real estate company is suing Twitter over unpaid rent, reports Insider. These are among today’s must reads from around the commercial real estate industry.
Calculated Risk
JANUARY 25, 2023
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, Gross Domestic Product, 4th quarter and Year 2022 (Advance estimate). The consensus is that real GDP increased 2.6% annualized in Q4. • Also at 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 205 thousand initial claims, up from 190 thousand last week. • Also at 8:30 AM, Durable Goods Orders for December.
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.
Wealth Management
JANUARY 25, 2023
Grants to charity increased in 2022 to more than $4.7 billion.
Calculated Risk
JANUARY 25, 2023
From WardsAuto: U.S. Light-Vehicle Sales to Rise 5th Straight Month in January; Q1 Forecast for 4% Gain (pay content). Brief excerpt: The bottom line is raw volume is growing, albeit slowly, with a forecast year-over-year gain in January, as well as the entire first quarter. Because of the chaos of the past three years, January’s upward spike to a 15.6 million-unit seasonally adjusted annual rate from December’s 13.4 million is more a result of disruption to typical year-end seasonal trends than
Wealth Management
JANUARY 25, 2023
Dakota Wealth Management's Brett Orvieto details where opportunities exist in equity and fixed income markets in 2023.
Calculated Risk
JANUARY 25, 2023
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture billings continue to decline Demand for design services from U.S. architecture firms continued to contract in December, according to a new report from the American Institute of Architects (AIA). The pace of decline during December slowed from November, posting an Architecture Billings Index (ABI) score of 47.5 from 46.6 (any score below 50 indicates a decline in firm bill
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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.
Wealth Management
JANUARY 25, 2023
IRS CCA memo confirms how to substantiate the value of crypto contributions.
Nationwide Financial
JANUARY 25, 2023
In recent months, Americans are rethinking what life in retirement looks like because of economic uncertainty, opting to adjust their personal priorities with financial stability in mind. Our recent Advisor Authority survey, powered by the Nationwide Retirement Institute®, helped us discover new trends and shifts in investors’ retirement planning motivations as well as opportunities for financial professionals to help their clients who are approaching retirement.
Wealth Management
JANUARY 25, 2023
The fund offers fixed and floating-rate senior, mezzanine and preferred-equity loans at rates of about 8 percent to 12 percent depending on the type of debt, according to Richard Litton, president of HGI.
Clever Girl Finance
JANUARY 25, 2023
It’s not a secret that staying out of debt affects our overall well-being. In fact, it would be ideal to not owe money and not have to make constant payments. That said, the ability to borrow money helps many people achieve goals like buying a house , starting a business, or getting an education. However, it can also be a source of stress when it becomes overwhelming and unmanageable.
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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?
Validea
JANUARY 25, 2023
By Justin Carbonneau ( @jjcarbonneau ) — Artificial intelligence and techniques such as machine learning have become more prevalent in investing over the past decade. The launch of ChatGPT late last year, and my subsequent interaction with the technology, got me thinking about the technology’s possible impact for investors. We’ve had multiple guests on our podcast, Excess Returns, that are using A.I. techniques in their investing process.
Nationwide Financial
JANUARY 25, 2023
The start of a new year presents opportunities for clients to make positive changes for their financial futures. Last year’s considerable losses and market fluctuations underscore the need for clients to assess their retirement plans to ensure it aligns with their objectives, financial situations, timelines, and attitudes toward market volatility. According to a recent Advisor Authority survey, powered by the Nationwide Retirement Institute®, only 20% of non-retired investors have confidence in
MarketWatch
JANUARY 25, 2023
Chevron Corp. CVX said late Wednesday that its board has approved a dividend increase of 6% to $1.51 a share, payable March 10 to shareholders of record as of Feb. 16. The board also authorized a $75 billion share buyback authorization, which takes effect April 1 and does not have a fixed expiration date, Chevron said. Shares of Chevron rose 2.9% in the extended session Wednesday after ending the regular trading day down 1%.
Tobias Financial
JANUARY 25, 2023
We are excited to welcome Alexander Bailey to our team. He serves as our Financial Planning Associate and is currently working toward earning his CERTIFIED FINANCIAL PLANNER professional certification. He is passionate about learning the intricacies of financial planning and learning how to apply that knowledge in our clients’ financial plans to help guide them on their financial journeys.
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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.
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