Optimizing AI for Financial Advisors
Wealth Management
OCTOBER 9, 2023
This article examines three key use cases where AI can benefit financial advisors: practice management, client engagement and prospecting.
Mon.Oct 09, 2023
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Adviser links: choosing to work
Abnormal Returns
OCTOBER 9, 2023
Podcasts Dan Haylett talks with George Kinder on the true impact of Life Planning on retirement. (humansvsretirement.com) Daniel Crosby talks financial wellness and therapy with Amanda Clayman. (standarddeviationspod.com) Brendan Frazier talks about why advisers should shift from "advice giver" to "thinking partner." (wiredplanning.com) Michael Kitces talks with Brett Danko who is the Founder of Brett Danko Educational Center, and the CEO and Managing Partner for Main Street Financial Solutions.
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Trending Sources
How to Free Yourself from the 'If Only' Mindset
Wealth Management
OCTOBER 9, 2023
Here are the five most common self-limiting statements that advisors share—and ways to reframe your thinking.
Moody's: Mall Vacancy Rate Unchanged in Q3
Calculated Risk
OCTOBER 9, 2023
Note: I covered apartments and offices in the newsletter: Moody's: "Apartment Market Softens, Office Evolution Continues, and Retail On Shaky Ground" From Moody’s Analytics economists Thomas Lasalvia, Lu Chen and Nick Luettke: Apartment Market Softens, Office Evolution Continues, and Retail On Shaky Ground Over the past decade, traditional retail forms have been challenged by e-commerce’s boom, whose share as a percentage of total retail sales has been constantly hovering above 15% since early 2
2025 Industry Index: How Top Advisors Are Scaling Smarter (and Faster) This Year
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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
Technology, Government and Societal Changes Forcing Radical Transformations for 401(k) Plans
Wealth Management
OCTOBER 9, 2023
And why most RPAs are not equipped or, worse, even aware of them.
Monday links: a long wait
Abnormal Returns
OCTOBER 9, 2023
Strategy The key to successful investing is patience. (blog.validea.com) Five common mistakes investors make. (blogs.cfainstitute.org) When aiming down the middle makes sense. (humbledollar.com) Finance Private credit is the new bank. (wsj.com) How the Intercontinental Exchange ($ICE) became a big player in the mortgage business. (wsj.com) CRE Even Texas's office buildings are seeing high vacancy rates.
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Managing Outsourcing Of SEO (Search Engine Optimization) For A Financial Advisor
Nerd's Eye View
OCTOBER 9, 2023
When deciding on a marketing strategy to pursue, one of the key factors for financial advisory firms to consider is efficiency. Different strategies have different Client Acquisition Costs (CACs), in terms of both hard-dollar marketing expenses and the cost of the advisor's time spent on the strategy, and an efficient market strategy is one that can effectively attract new clients while minimizing the amount spent to acquire them.
Goldman Sachs PFM Team in New Jersey Decamps for RIA Startup
Wealth Management
OCTOBER 9, 2023
Bruce F. Fitzsimmons and Jamie Rich have joined Quotient Wealth Partners, a Dynasty-backed RIA launched last month by another group of Goldman Sachs PFM defectors.
Part 1: Current State of the Housing Market; Overview for mid-October
Calculated Risk
OCTOBER 9, 2023
Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-October A brief excerpt: The NAR reported sales were at a “seasonally adjusted annual rate of 4.04 million in August. Year-over-year, sales fell 15.3% (down from 4.77 million in August 2022).” This was in line with the local markets I tracked for August.
Rockefeller Adds 2 Teams to Global Family Office Unit
Wealth Management
OCTOBER 9, 2023
Los Angeles and Washington, D.C. area firms managing more than $1 billion in collective assets at Janney Montgomery Scott and Wells Fargo have joined Rockefeller’s wealth management arm.
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.
Housing October 9th Weekly Update: Inventory increased 0.4% Week-over-week; Down 4.3% Year-over-year
Calculated Risk
OCTOBER 9, 2023
Altos reports that active single-family inventory was up 0.4% week-over-week. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of October 6th, inventory was at 537 thousand (7-day average), compared to 535 thousand the prior week. Year-to-date, inventory is up 9.4%. And inventory is up 32.4% from the seasonal bottom 25 weeks ago.
Is SEC Overshooting on Its AI Conflicts Rule?
Wealth Management
OCTOBER 9, 2023
In public comment letters, Morningstar and others urge the SEC to consider revising Reg BI instead of crafting new regulations. However, investor protection advocates say the rule is needed to safeguard consumers.
We’ll be in Charlotte, NC this November
The Reformed Broker
OCTOBER 9, 2023
This summer we opened a physical office location in North Carolina. It’s staffed with three of our Certified Financial Planners in Charlotte who’ve been taking care of our clients in the area. To celebrate, I’m bringing twenty of my people down for a week of client meetings and to see our local friends and colleagues. We’ve kept some time on the schedule to meet with prospective clients too.
Older Millennials On Track to Retire More Comfortably Than Late Boomers
Wealth Management
OCTOBER 9, 2023
A report by Vanguard says changes in the retirement industry will help younger workers afford more in retirement.
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.
Market Commentary: Another October Bottom?
Carson Wealth
OCTOBER 9, 2023
Stocks had a solid late-week reversal higher, even as many worries and concerns piled up. From the U.S. House not having a speaker for the first time ever, to yields soaring, to deficits and spending, the list of worries was high. But there’s an old saying that the market tends to rally on a wall of worry. As we noted in early August, there was a little too much optimism as long-term bears turned bullish, opening the door for seasonal third-quarter weakness.
Harness the Power of Convertibles as an Equity Alternative
Wealth Management
OCTOBER 9, 2023
Tuesday, October 31, 2023 | 2:00 PM ET
Why People Don't Relocate for a Lower Cost of Living
Advisor Perspectives
OCTOBER 9, 2023
The reasons people choose to live in high-cost-of-living locations are clearly emotional.
Q&A: Pamela Cytron, President of Founders Arena
Wealth Management
OCTOBER 9, 2023
The half-dozen companies in the 10-week Founders Arena WealthTech Accelerator cohort will have a chance to meet with industry leaders, network and attend sessions at this week's WealthTech Combine 2023 in Arlington, Texas.
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.
Weekly Market Insights – October 9, 2023
Cornerstone Financial Advisory
OCTOBER 9, 2023
Weekly Market Insights: Stocks Rally After Strong Jobs Report Presented by Cornerstone Financial Advisory, LLC A Friday rally overcame a shaky week, sending stocks mostly higher. The Dow Jones Industrial Average slipped 0.30% for the week. Meanwhile, the Standard & Poor’s 500 gained 0.48%, and the Nasdaq Composite index added 1.60% for the five trading days.
Wall Street Is Worried the Bear Market Has ‘Unfinished Business’
Wealth Management
OCTOBER 9, 2023
More than 180 stocks in S&P 500 are now trading for less than they were 12 months ago.
Meet Income Lab, Winner of Our 2023 AdvisorTech Expo
XY Planning Network
OCTOBER 9, 2023
The votes came in during this year’s XYPN LIVE conference and the AdvisorTech Expo Best in Show winner was clear: Income Lab ’s new Retirement Stress Test. The Expo spotlights new and emerging FinTech companies that build innovative solutions empowering financial advisors to increase value for their clients through better advice and a better client experience, raising the financial planning bar.
Rout in 10-Year Treasury Notes Is No Wild Aberration
Wealth Management
OCTOBER 9, 2023
History suggests that the surge in yields is probably just a detour. But that doesn’t mean it won’t hurt.
Book of Secrets on the Month-End Close
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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.
Institutional Investing and Manager Forbearance
Alpha Architect
OCTOBER 9, 2023
Forbearance is important and we argue that performance evaluation should be multifaceted, akin to a Bayesian decision-maker who conducts continued due diligence and updates beliefs about returns with process information. Institutional Investing and Manager Forbearance was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.
Small Stocks, Big Debt Problems
Wealth Management
OCTOBER 9, 2023
Debt and high rates are a key risk to navigate for small stocks.
Talk Your Book: Investing in Music
A Wealth of Common Sense
OCTOBER 9, 2023
Today’s Talk Your Book is brought to you by MUSQ: On today’s show, we spoke with David Schulhof, Founder and CEO of MUSQ to discuss investing in the growing music industry. On today’s show, we discuss: David’s music background prior to $MUSQ The thesis behind investing in music What the $MUSQ fund is comprised of How streaming is bringing money to the music business Why music is mispriced How the.
Hedging Power of Treasuries Tested by Recent Bond Selloff
Wealth Management
OCTOBER 9, 2023
In-tandem moves between stocks and bonds in recent months are reigniting a debate over the hedging power of Treasuries in an era where both asset classes are both prone to selloffs amid concerns of further Federal Reserve tightening.
Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success
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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?
A Reminder of What’s Important
The Irrelevant Investor
OCTOBER 9, 2023
The events over the weekend are horrifying. We here in the United States are blessed to live in a country that is insulated from having to worry about the unthinkable nightmare that happened over the weekend. We’re blessed to live in a country where our safety and that of our loved ones are not always in the back of our minds. I can’t make sense of what’s happening in Israel, but hopefully I can help put.
Reexamining the Retirement Investment Portfolio
Integrity Financial Planning
OCTOBER 9, 2023
When talking about retirement financial planning, we often take investment strategy at face value. But what does an investment strategy really consist of? An investment strategy is utilized to help your wealth not only retain its value against inflation but hopefully grow as well. When it comes to retirement, there’s another aspect of income generation that is introduced.
Where To Find Rent Assistance for Single Moms
Clever Girl Finance
OCTOBER 9, 2023
As a single mother, you aren’t just the sole caretaker for your children. You’re also the sole earner for your household. As a result, it can be hard to meet all your financial needs. The coronavirus pandemic has caused housing problems for many families, especially single mothers, so rent assistance for single moms is crucial. Table of contents Programs offering rent assistance for single moms Expert tip: Look into support from local and government organizations Other resources to l
Consumer Sentiment Doesn’t Matter
Advisor Perspectives
OCTOBER 9, 2023
When you see articles and posts about the Michigan Consumer Sentiment Index, ignore them.
Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100
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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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