Rise of AI Necessitates a New Advisor Skillset
Wealth Management
SEPTEMBER 26, 2023
Advisors’ true value lies in empathy and coaching clients to live in alignment with their priorities.
Tue.Sep 26, 2023
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New Home Sales decrease to 675,000 Annual Rate in August
Calculated Risk
SEPTEMBER 26, 2023
The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 675 thousand. The previous three months were revised up, combined. Sales of new single‐family houses in August 2023 were at a seasonally adjusted annual rate of 675,000 , according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
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Former Brinker CEO Noreen Beaman Joins Commonwealth Board
Wealth Management
SEPTEMBER 26, 2023
Beaman enters the next chapter of her career, which includes a place on Commonwealth’s advisory board and a new executive coaching and consulting business.
New Home Sales decrease to 675,000 Annual Rate in August; Median New Home Price is Down 13% from the Peak
Calculated Risk
SEPTEMBER 26, 2023
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales decrease to 675,000 Annual Rate in August Brief excerpt: The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 675 thousand. The previous three months were revised up, combined. The next graph shows new home sales for 2022 and 2023 by month (Seasonally Adjusted Annual Rate).
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
Making the Most of Planning Opportunities: Health Insurance Optimization
Wealth Management
SEPTEMBER 26, 2023
Life events or job changes can be a great client touchpoint around the need for review of client health insurance.
Tuesday links: dislocated from reality
Abnormal Returns
SEPTEMBER 26, 2023
Alternatives Private market access funds are all the rage. (morningstar.com) Alternative assets are not all that alternative. (integratinginvestor.com) Will music royalties turn out to be a worthy investment? (wired.com) Asset allocation How various asset classes performed during a recession. (morningstar.com) Achieving these three portfolio goals simultaneously is tough.
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Research links: keeping things simple
Abnormal Returns
SEPTEMBER 26, 2023
Portfolio management Fund investors prefer managers who stick to their knitting. (papers.ssrn.com) Why portfolio managers invest more research into short positions. (papers.ssrn.com) Research The structure of the stock market has changed a lot over time, but the results are still largely the same. (insights.finominal.com) Research shows high equity market returns post-high VIX levels.
Key Factors to Successful Commercial Real Estate Auctions
Wealth Management
SEPTEMBER 26, 2023
Traditional sales can be time-consuming, with negotiations and contingencies that might cause the closing process to take months.
#FA Success Ep 352: Finding Personal Scale By Leveraging Yourself Through Outsourced Delegation, With Bridget Venus Grimes
Nerd's Eye View
SEPTEMBER 26, 2023
Welcome back to the 352nd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Bridget Venus Grimes. Bridget is the President of WealthChoice, a virtual independent RIA that oversees nearly $80 million in assets under management for 68 client families, and Co-Founder of Equita Financial Network, an advisor platform that helps advisors plug in and share resources.
LPL Opens Acquisition Model to External Advisors
Wealth Management
SEPTEMBER 26, 2023
LPL's 'liquidity and succession' program aims to ease the economic burden of internal succession for practices, while capturing a larger share of the independent advisory market.
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.
Case-Shiller: National House Price Index Up 1.0% year-over-year in July; New all-time High
Calculated Risk
SEPTEMBER 26, 2023
S&P/Case-Shiller released the monthly Home Price Indices for July ("July" is a 3-month average of May, June and July closing prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. From S&P S&P CoreLogic Case-Shiller Index Continues to Trend Upward in July The S&P CoreLogic Case-Shiller U.S.
???????New Jersey Selects Vestwell For Its Secure Choice Savings Program
Wealth Management
SEPTEMBER 26, 2023
New Jersey's pilot program will begin in 2024, followed by a phased rollout that kicks off later in the year.
Wednesday: Durable Goods
Calculated Risk
SEPTEMBER 26, 2023
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • 8:30 AM, Durable Goods Orders for August from the Census Bureau. The consensus is for a 1.6% decrease in durable goods orders.
SEC Charges AssetMark for Failing to Disclose Cash Sweep Conflicts
Wealth Management
SEPTEMBER 26, 2023
The TAMP also did not disclose conflicts related to custodial support payments; AssetMark will pay $18 million to settle the charges.
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.
Comments on July Case-Shiller and FHFA House Prices
Calculated Risk
SEPTEMBER 26, 2023
Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 1.0% year-over-year in July; New all-time High Excerpt: S&P/Case-Shiller released the monthly Home Price Indices for July ("July" is a 3-month average of May, June and July closing prices). July closing prices include some contracts signed in March, so there is a significant lag to this data.
12 Must Reads for Real Estate Investors (Sept. 27, 2023)
Wealth Management
SEPTEMBER 26, 2023
The total value of global real estate—residential, commercial and agricultural—reached $379.7 trillion in 2022, according to Savills. Bloomberg reported on billionaires betting on the U.S. multifamily sector. These are among the midweek must reads from the real estate investment world.
Here Comes the Shutdown
The Reformed Broker
SEPTEMBER 26, 2023
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►The ‘flation – 75% probability of a shutdown. ►Risks to the Economy – “A year of surprisingly strong growth is about to be tested by a strike, the possibility of a government shutdown, student loans.
401(k) Participants Held Back by Industry Competition, Consolidation, Conflicts of Interest
Wealth Management
SEPTEMBER 26, 2023
Fee compression, unnecessary friction and antiquated technology are inhibiting convergence.
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.
Clips From Today’s Halftime Report
The Reformed Broker
SEPTEMBER 26, 2023
The NFL is not spending enough time developing leadership: Former NFL GM Michael Lombardi from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
New CFO Signals No Near-Term Sale For Envestnet
Wealth Management
SEPTEMBER 26, 2023
Former iShares managing director Josh Warren to replace long-tenured Pete D’Arrigo as finance chief of the publicly traded TAMP.
Where the Housing Bubbles Are
A Wealth of Common Sense
SEPTEMBER 26, 2023
Jeremy Grantham was on The Compound and Friends with Michael and Josh last week talking bubbles. [link] says real estate is a global bubble and prices should fall 30% or so. I partially agree and partially disagree with Grantham here. I continue to believe the U.S. housing market is not in a bubble. Is the housing market broken in many way.
Carson Tech Council Seeks to Create AI-enabled 'Cyborg Advisors'
Wealth Management
SEPTEMBER 26, 2023
Carson Group replaced its chief technology office with a four-person technology team as the firm moves to embrace AI-enabled efficiencies.
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.
The 10 Best Non-Fiction Books of This Year
Advisor Perspectives
SEPTEMBER 26, 2023
Here are the 10 best books I read from September 2022 through August 2023.
A Modern Approach to Value Investing
Wealth Management
SEPTEMBER 26, 2023
Monday, October 16, 2023 | 2:00 PM ET
FHFA House Price Index Rises 0.8% in July
Advisor Perspectives
SEPTEMBER 26, 2023
The Federal Housing Finance Agency (FHFA) house price index (HPI) continued its climb in July, coming in at 409.5. U.S. house prices increased by 0.8% from the previous month and by 4.6% from one year ago. After adjusting for inflation, the real index is up 0.8% month-over-month and up 3.4% year-over-year.
Adjusted for Risk: Equity Hedging in Focus with Swan Global Investments' Marc Odo
Wealth Management
SEPTEMBER 26, 2023
Swan Global's Mark Odo details why financial advisors should incorporate equity hedging into client portfolios.
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?
Top Indian Stocks Held By Morgan Stanley – Portfolio Analysis!
Trade Brains
SEPTEMBER 26, 2023
Top Indian Stocks Held By Morgan Stanley : With more than 29 years of experience in India, Morgan Stanley offers both domestic and foreign clients a range of services. The Company employs over 10,000 Indians across its locations and operates a leading institutional securities platform in India that provides a full range of investment banking, capital markets, equities, fixed income, commodities, and derivative products, as well as research.
Market Update and Using Relative Strength To Identify Leadership
Wealth Management
SEPTEMBER 26, 2023
Wednesday, October 18, 2023 | 2:00 PM ET
Consumer Confidence Declined Again in September
Advisor Perspectives
SEPTEMBER 26, 2023
The Conference Board's Consumer Confidence Index® declined again in September, marking two consecutive months of decline. The index dropped to 103.0 from August's upwardly revised reading of 108.7. This month's reading was worse than expected, falling below the 105.5 forecast.
Elder financial abuse: Are you free to discuss it?
Million Dollar Round Table (MDRT)
SEPTEMBER 26, 2023
By Matt Pais, MDRT Content Specialist In a situation where a client’s family member allegedly takes advantage of them, advisors might not necessarily be able to take action. Gregory B. Gagne, ChFC When a client’s son allegedly took advantage of him, MDRT President Gregory B. Gagne, ChFC , a 24-year MDRT member from Exeter, New Hampshire, couldn’t speak up because the client, who had transferred power of attorney from his other son, told Gagne his advisor could no longer speak to the son who lost
Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100
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