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.

CFP 270

CFP Education Financial Planning Planning 270

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.

Engineering 179

Engineering Financial Advisor Management Clients 179

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.

Financial Advising 225

Financial Advising Media Economics Banking 225

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.

Certified Financial Planner 152

Certified Financial Planner Financial Planner Clients 152

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

The Big Picture

OCTOBER 9, 2023

My back-to-work morning train WFH reads: • ‘A Galactic Embarrassment’: The Crypto World Is Already Sick of SBF’s Trial : FTX founder Sam Bankman-Fried’s trial for fraud is sucking all the air out of the room. Crypto folks can’t wait for it to be over. ( Wired ) • Why don’t you just sell all your stocks and buy ETFs, you’ll probably have better performance?

Medicine 141

Medicine Advertising Medical Investing 141

Wealth Management

OCTOBER 9, 2023

This article examines three key use cases where AI can benefit financial advisors: practice management, client engagement and prospecting.

Financial Advisor 133

Financial Advisor Clients Management 133

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

Retail 106

Retail Sales Assets Investing 106

Wealth Management

OCTOBER 9, 2023

Mark Bruno and Megan Carpenter dive into topics like how to pitch a speaker to a conference organizer, where events budgets are headed and why weekend events are a thing.

Budgeting 120

Budgeting 120

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.

Retirement 98

Retirement Portfolio Investing Investments 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

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.

Wealth Management 114

Wealth Management Assets Management 114

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.

Financial Advisor 85

Financial Advisor Financial Planning Retirement Clients 85

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.

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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.

Marketing 86

Marketing Marketing Taxes Economics 86

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

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.

Startup 114

Startup 114

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

Food 83

Food Budgeting Government Education 83

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.

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Advisor Perspectives

OCTOBER 9, 2023

The reasons people choose to live in high-cost-of-living locations are clearly emotional.

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115

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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

OCTOBER 9, 2023

The witness list in Donald Trump’s New York fraud trial features a number of real estate heavyweights, reports The Real Deal. Overall leasing demand across commercial real estate turned negative in the most recent quarter, according to CoStar. These are among the must reads from the real estate investment world to start the new week.

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Numbers Investing Investments 103

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.

Management 72

Management Investing Investments Government 72

Wealth Management

OCTOBER 9, 2023

Here are the five most common self-limiting statements that advisors share—and ways to reframe your thinking.

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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.

Investing 71

Investing Investments 71

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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

OCTOBER 9, 2023

A report by Vanguard says changes in the retirement industry will help younger workers afford more in retirement.

Retirement 111

Retirement 111

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.

Marketing 66

Marketing Marketing Sales 66

Wealth Management

OCTOBER 9, 2023

And why most RPAs are not equipped or, worse, even aware of them.

Government 120

Government Planning 120

Advisor Perspectives

OCTOBER 9, 2023

Our monthly workforce analysis has been updated to include the latest employment report for September. The unemployment rate remained at 3.8% and the number of new non-farm jobs (a relatively volatile number subject to extensive revisions) came in at 336K.

Numbers 64

Numbers 64

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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

OCTOBER 9, 2023

History suggests that the surge in yields is probably just a detour. But that doesn’t mean it won’t hurt.

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Advisor Perspectives

OCTOBER 9, 2023

Five of the eight indexes on our world watch list posted gains through October 9, 2023. Tokyo's Nikkei 225 finished in the top spot with a YTD gain of 18.78%. The U.S.'s S&P 500 finished in second with a YTD gain of 13.38% while India's BSE SENSEX finished in third with a YTD gain of 6.88%.

Marketing 64

Marketing Marketing 64

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.

Assets 64

Assets 64