Wealth Management
FEBRUARY 28, 2025
The SEC's worries over the Apollo Global/State Street private credit ETF center on the funds liquidity, its name and its ability to comply with valuation rules.
The Big Picture
FEBRUARY 28, 2025
This week, I speak with with Melissa Smith , co-Head of Commercial Banking at of J.P. Morgan , Previously she was co-head of the banks Innovation Economy Group. She has been with JPMorgan for over 20 years. She works with founders, CEOs and CFOs, delivering a cohesive banking experience to startups and fast-growing companies. She discusses her path through finance and dance, the complexities of middle market banking, and how J.P Morgan is preparing for the next wave of technological disruption.
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Wealth Management
FEBRUARY 28, 2025
Matt Schlueter, an executive vice president of products and platform, will step into the leadership role. Meanwhile, Greg Cornick and Ed Swenson lose their 'president' titles.
A Wealth of Common Sense
FEBRUARY 28, 2025
According to Redfin, the U.S. housing market is now worth a stone’s throw from $50 trillion: Depedning on the day, that puts the housing market roughly on par with the total value of the U.S. stock market. In the past decade alone the total value of the housing market has more than doubled (from $23 trillion in 2014). Considering mortgage rates averaged nearly 7% in 2024, it’s hard to believe housing prices w.
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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Wealth Management
FEBRUARY 28, 2025
Brian Spinelli, co-CIO, talks about why the firm is staying away from U.S. large caps, where it sees opportunities in private markets and how it approaches tax considerations.
Discipline Funds
FEBRUARY 28, 2025
Here are some things I think I am thinking about this weekend: 1) A Negative GDP NOW Print!?! It was a wild week in the markets, but the biggest news of the week dropped on Friday when the Atlanta Fed revised their GDP Now estimate from +2.3% to -1.5%. Yes, you read that correctly. NEGATIVE 1.5%. That’s a reduction of 3.8%. What in the world just happened?
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Advisor Perspectives
FEBRUARY 28, 2025
With the release of January's report on personal incomes and outlays, we can now take a closer look at "real" disposable personal income per capita. At two decimal places, the nominal 0.84% month-over-month change in disposable income comes to 0.51% when we adjust for inflation, the largest monthly gain in a year. The year-over-year metrics are 3.58% nominal and 1.05% real, the lowest level since 2022.
Wealth Management
FEBRUARY 28, 2025
In other news of the week, Raymond James snags a Wells Fargo advisor to its independent RIA channel, and a Mariner IT exec leaves to start an RIA tech consultancy.
Random Roger's Retirement Planning
FEBRUARY 28, 2025
Meb Faber hosted a webinar to support what his firm, Cambria, is doing with 351 exchanges and the upcoming Cambria Endowment ETF (ENDW). 351's are kind of like 1031 exchanges in real estate. If you have a taxable portfolio of at least $1 million where selling or rebalancing would hit very hard tax-wise, you can exchange your portfolio for shares in a 351 ETF.
Wealth Management
FEBRUARY 28, 2025
Evan Troop, a part-time country music singer who helped lead a $10.4 J.P. Morgan team, has launched an RIA with MHS Capital with a hedge fund to come.
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Advisor Perspectives
FEBRUARY 28, 2025
The yield on the 10-year note ended February 28, 2025 at 4.24%, its lowest level since early December. Meanwhile, the 2-year note ended at 3.99%, its lowest levels since mid-October.
Wealth Management
FEBRUARY 28, 2025
The U.S. can raise a lot of revenue by selling the right to immigrate, but it should also be more open to those who cant afford it.
Advisor Perspectives
FEBRUARY 28, 2025
The BEA's Personal Income and Outlays report showed inflation remained elevated at the start of 2025. The Fed’s preferred inflation gauge, the PCE price index, rose 2.5% year-over-year in January and 0.3% from December, as expected.
Wealth Management
FEBRUARY 28, 2025
Hightower dismissed its suit against Darren Reinig, although the fight is still pending in arbitration.
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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
Advisor Perspectives
FEBRUARY 28, 2025
Personal income ( excluding transfer receipts ) rose 0.7% in January and is up 4.0% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.4% month-over-month and up 1.5% year-over-year.
Carson Wealth
FEBRUARY 28, 2025
Want to plan better for next years tax return ? Learn about smart tax planning in our Winning in 2025: Tax Strategies for a Thriving Year webinar , now available for viewing on-demand. The post Winning in 2025: Tax Strategies for a Thriving Year appeared first on Carson Wealth.
SEI
FEBRUARY 28, 2025
Alternative investment firms can leverage emerging technologies to transform their business.
Meb Faber Research
FEBRUARY 28, 2025
People love to point out that the US has higher stock valuations but a larger high growth tech sector…does that matter? Via Goldman: The entire100+ page report we profiled on The Idea Farm is excellent…a few more charts at the end from Norbert at Taunus… The post Sector Adjusted Stock Valuations appeared first on Meb Faber Research - Stock Market and Investing Blog.
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.
Advisor Perspectives
FEBRUARY 28, 2025
Valid until the market close on March 31, 2025 This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
SEI
FEBRUARY 28, 2025
Gain access to a suite of technology and wealth solutions that enable you to scale your business using the same trusted infrastructure as some of the largest banks and institutions. Schedule a demo to see SEI Connect in action.
Advisor Perspectives
FEBRUARY 28, 2025
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.
SEI
FEBRUARY 28, 2025
As demand for personalized investment strategies grows, direct indexing emerges as a game-changer in wealth management. Learn more in this insight from SEI.
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.
Advisor Perspectives
FEBRUARY 28, 2025
Artificial intelligence is pushing humanity toward a more efficient future, but like any world-changing technology will eventually crash and hurt investors, according to longtime Wall Street doomsayer Jeremy Grantham.
Wealth Management
FEBRUARY 28, 2025
Ares has pursued opportunities in the wealth channel, most notably through non-traded real estate investment trusts and BDCs.
Advisor Perspectives
FEBRUARY 28, 2025
The Chicago Purchasing Managers’ Index (Chicago Business Barometer) rose for a second straight month in February but remains historically low. The index increased to 45.5 from 39.5 in January, surpassing the 40.5 forecast. The index remained in contraction territory for a 15th consecutive month.
Calculated Risk
FEBRUARY 28, 2025
Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both through January 2025. CPI Shelter was up 4.4% year-over-year in January , down from 4.6% in December, and down from the cycle peak of 8.2% in March 2023. Housing (PCE) was up 4.5% YoY in January , down from 4.7% in December and down from the cycle peak of 8.3% in April 2023.
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.
Advisor Perspectives
FEBRUARY 28, 2025
Investors in US government bonds are wrapping up their biggest monthly gain since July as the Federal Reserve’s preferred gauge of underlying inflation rose at a tepid pace in January.
Calculated Risk
FEBRUARY 28, 2025
From BofA: The second print of 4Q GDP came in at 2.3% q/q saar, unchanged from the advance print and a tenth higher than our tracking estimate. Meanwhile, our 1Q GDP tracking is unchanged at 2.3% q/q saar since our last weekly publication. [Feb 28th] emphasis added From Goldman: We lowered our Q1 GDP tracking estimate by 0.4pp to +1.4% (quarter-over-quarter annualized).
Advisor Perspectives
FEBRUARY 28, 2025
Measuring the effectiveness of ESG-labeled bonds can be a challenge, particularly with “outcome bonds,” which have specific environmental or social goals but lack standardized assessment criteria.
Abnormal Returns
FEBRUARY 28, 2025
Crypto Memecoins are not securities, per the SEC. (cnbc.com) Blackrock ($BLK) is adding an allocation to its iShares Bitcoin Trust ETF ($IBIT) in portfolios that allow it. (bloomberg.com) The SEC has paused actions against Justin Sun, prominent backer of the World Liberty Financial crypto project. (cnn.com) Companies Meta ($META) is unbundling again.
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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.
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