Calculated Risk

OCTOBER 31, 2023

S&P/Case-Shiller released the monthly Home Price Indices for August ("August" is a 3-month average of June, July and August 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 August Click on graph for larger image.

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Wealth Management

OCTOBER 31, 2023

The Labor Department unveiled its latest version of a fiduciary rule on Tuesday, with supporters arguing the proposal largely fell in line with their hopes. Industry groups warn of its negative impact on advisors and clients.

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Clients 316

Calculated Risk

OCTOBER 31, 2023

The Census Bureau released the Residential Vacancies and Homeownership report for Q3 2023 today. The results of this survey were significantly distorted by the pandemic in 2020. This report is frequently mentioned by analysts and the media to track household formation, the homeownership rate, and the homeowner and rental vacancy rates. However, there are serious questions about the accuracy of this survey.

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Numbers Media 302

Wealth Management

OCTOBER 31, 2023

While it was a surprise only to those individuals affected, Charles Schwab, the largest custodian by AUM, has cut more employees after concluding TD merger.

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Clients

Calculated Risk

OCTOBER 31, 2023

Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 2.6% year-over-year in August; New all-time High Excerpt: S&P/Case-Shiller released the monthly Home Price Indices for August ("August" is a 3-month average of June, July and August closing prices). August closing prices include some contracts signed in April, so there is a significant lag to this data.

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Wealth Management

OCTOBER 31, 2023

The modern workplace requires financial firms to move with the times.

Compliance 304

Compliance Communication 304

Wealth Management

OCTOBER 31, 2023

Revisor's Landon Jones and Ethan Dunbar answer hot topic questions regarding separately managed accounts.

Accounting 299

Accounting Management 299

Abnormal Returns

OCTOBER 31, 2023

Strategy Money market returns look good.almost too good. (wsj.com) Six lessons from William Bernstein's "The Four Pillars of Investing." (humbledollar.com) Why it's easy to say you will buy when stocks 'go on sale.' (behaviouralinvestment.com) Crypto Vanguard is opting out of the Bitcoin ETF race. (markets.businessinsider.com) Investors who bought the Grayscale Bitcoin Investment Trust ($GBTC) at a big discount are looking good.

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Assets Financial Advising Media Economy 257

Wealth Management

OCTOBER 31, 2023

Owners facing challenges today have several restructuring options, but it's critical to get guidance.

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Nerd's Eye View

OCTOBER 31, 2023

Welcome back to the 357th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jon Henderson. Jon is the Founder and CIO for Echo45 Advisors, an independent RIA based in Walnut Creek, California, that oversees $163 million in assets under management for more than 180 client households. What's unique about Jon, though, is how he has carefully vetted and curated his advisor tech stack of third-party software to provide a strong "high-tech" client experience… and

Financial Advisor 246

Financial Advisor Estate Planning Clients Education 246

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.

Management

Wealth Management

OCTOBER 31, 2023

The deal adds over 350 retirement plans and about $13 billion in assets to Creative Planning’s existing retirement plan services team.

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Retirement Planning Retirement Planning Assets 293

Calculated Risk

OCTOBER 31, 2023

From the Las Vegas Visitor Authority: August 2023 Las Vegas Visitor Statistics Las Vegas hosted more than 3.3M visitors in September, slightly behind (‐0.5%) last September while est. convention attendance for the month was up 9.5%, supported in part by the PACK Expo tradeshow (32k attendees) that rotated back into the destination since its last Vegas show in 2021.

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Wealth Management

OCTOBER 31, 2023

Real estate fundraising fell by 71% between the second and third quarters of 2023, according to numbers provided by research firm Preqin. Yahoo Finance looks at how much of a problem non-performing real estate loans are causing for regional banks. These are among today’s must reads from around the commercial real estate industry.

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Banking Numbers 290

Calculated Risk

OCTOBER 31, 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. • At 8:15 AM, The ADP Employment Report for October. This report is for private payrolls only (no government). The consensus is for 135,000 jobs added, up from 89,000 in September. • At 10:00 AM, Job Openings and Labor Turnover Survey for August from the BLS. • At 10:00 AM, ISM

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Manufacturing Sales Government 182

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.

Numbers

Wealth Management

OCTOBER 31, 2023

Taking a strategic approach to insurance is one possible answer to the call for organic growth.

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Insurance 288

Calculated Risk

OCTOBER 31, 2023

Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased in September to New High; Up 5.2% Year-over-year A brief excerpt: On a year-over-year basis, the National FMHPI was up 5.2% in September , from up 4.3% YoY in August. The YoY increase peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% in May 2023.

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The Big Picture

OCTOBER 31, 2023

 The transcript from this week’s, MiB: Michael Carmen, Co-Head, Private Investments, Wellington Management , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

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Management Investing Investments Portfolio 163

The Reformed Broker

OCTOBER 31, 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: ►4th Quarter Rally? – Positive economic surprises say we are due for a Q4 meltup. ►Great News – American wealth hitting new highs. ►Effective Interest Rates – “This increased cost of capital is.

Economics 161

Economics Investing Investments Marketing 161

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.

Accounting

The Irrelevant Investor

OCTOBER 31, 2023

Warren Buffett once said, “Be greedy when others are fearful. Except when earnings are being revised lower, breadth is bad, and you’re in a higher for longer environment.” (I stole this from Ben) It’s easy to quote Buffett, it’s hard to act like him. And by acting like him, I don’t mean his style of investing, I’m talking about this basic premise that investing should be viewed as.

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Investing Investments 120

A Wealth of Common Sense

OCTOBER 31, 2023

The Misery Index was created by Arthur Oken, an economist who worked for the Johnson administration in the 1960s. It’s supposed to measure how citizens are doing economically by adding up the unemployment rate and the inflation rate. Here’s the data going back to the late-1940s: It may come as a surprise to some people that we’re actually below average right now.

Economy 115

Economy Economics 115

The Irrelevant Investor

OCTOBER 31, 2023

Today’s Animal Spirits is brought to you by Kaplan Schweser: See here to save 10% on Kaplan Schweser CFA exam prep materials On today’s show, we discuss: Gross Domestic Product, third quarter 2023 estimate The U.S. Economy is booming (for now). What does it mean? The American boom GDPNow – Federal Reserve of Atlanta Auto loan delinquencies: What do they really mean?

Economy 109

Economy 109

Million Dollar Round Table (MDRT)

OCTOBER 31, 2023

By Márta Borbála Király If you would like to find all the new clients you need to grow your business, build a referral system with repeatable processes. There are several ways to find new clients for which you can create a system, or process. One part of my process involves working with existing clients for referrals. The way I do this is to ask a favorite client to meet me for coffee or lunch.

Clients 105

Clients Marketing Marketing 105

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Accounting

Advisor Perspectives

OCTOBER 31, 2023

Valid until the market close on November 30, 2023 The S&P 500 closed October with a monthly loss of 2.20%, after a loss of 4.93% in September. At this point, after close on the last day of the month, four of five Ivy portfolio ETFs — Vanguard Total Stock Market ETF (VTI), Vanguard FTSE All-World ex-US Index Fund (VEU), iShares 7-10 Year Treasury Bond ETF (IEF) and Vanguard Real Estate ETF (VNQ)— are signaling "cash", up from last month's triple "cash" signal.

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Portfolio Marketing Marketing 102

AdvicePay

OCTOBER 31, 2023

As Halloween night approaches with its haunted houses, creepy costumes, and ghoulish tales, you might be tempted to join in on the spirit of giving away financial planning for free. If you are still relying solely on the sale of products and working with clients through AUM (Assets Under Management), then you know that for most of its history, "getting paid" for financial planning has really been about giving away financial planning at little or no cost.

Financial Planning 80

Financial Planning Planning Financial Advisor Sales 80

Advisor Perspectives

OCTOBER 31, 2023

A Federal Reserve pause, seasonal tailwinds, an earnings-led rally. Many of the reasons that got Wall Street strategists increasingly bullish coming into the end of the year now look like wishful thinking.

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Fortune Financial

OCTOBER 31, 2023

The yield on the ten year Treasury note briefly passed 5% recently, the highest yield on the ten year note since before the financial crisis of 2007 – 2009. This surge in yields has led some commentators to argue that bonds now appear attractive relative to stocks , given that a 5% yield on government backed bonds compares favorably to the S&P 500, which now has an earnings yield (the inverse of the P/E ratio) of ~5.5% if you use a forward earnings yield, or ~5% if you use a trailing

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Government Valuation Financial Advisor Accounting 78

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Sales

Advisor Perspectives

OCTOBER 31, 2023

The Federal Housing Finance Agency (FHFA) house price index (HPI) continued to increase in August, coming in at 411.8. U.S. house prices increased by 0.6% from the previous month and by 5.6% from one year ago. After adjusting for inflation, the real index is down 0.2% month-over-month and up 3.6% year-over-year.

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Trade Brains

OCTOBER 31, 2023

ESAF Small Finance Bank IPO Review : ESAF Small Finance Bank is coming up with the IPO which is set to be listed on the NSE and BSE. The IPO will be open for subscription on 3rd November 2023 and closes on 7th November 2023. In this ESAF Small Finance Bank IPO review, we take a look the the banks operations, industry, financials, strengths, weaknesses, GMP & more.

Banking 59

Banking Retail Financial Services Assets 59

Advisor Perspectives

OCTOBER 31, 2023

The Conference Board's Consumer Confidence Index® declined for a third straight month in October despite consumers' continued spending. The index dropped to 102.6 from September's upwardly revised reading of 104.3. This month's reading was better than expected, exceeding the 100.0 forecast.

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WiserAdvisor

OCTOBER 31, 2023

Creating a financial plan is the first step toward achieving financial freedom. It is a personalized roadmap that provides you with clarity and purpose. Financial plans are essential for setting your financial goals in motion. But in a world filled with online calculators, simulators, and countless rules and figures, finding the right path can be overwhelming.

Financial Planning 59

Financial Planning Planning Medical Retirement 59

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Accounting