Calculated Risk

OCTOBER 10, 2024

Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year. This declined and is now up 4.4% YoY. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through September 2024. Services were up 4.7% YoY as of September 2024, down from 4.8% YoY in August.

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Food 329

Wealth Management

OCTOBER 10, 2024

The emails started around Wednesday with an attached PDF document that the brokerage regulator warned could include “malicious” content.

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Calculated Risk

OCTOBER 10, 2024

The DOL reported : In the week ending October 5, the advance figure for seasonally adjusted initial claims was 258,000 , an increase of 33,000 from the previous week's unrevised level of 225,000. This is the highest level for initial claims since August 5, 2023 when it was 258,000. The 4-week moving average was 231,000, an increase of 6,750 from the previous week's unrevised average of 224,250. emphasis added The following graph shows the 4-week moving average of weekly claims since 1971.

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Wealth Management

OCTOBER 10, 2024

The estate-planning platform currently boasts over 13,000 advisors.

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Estate Planning Planning 305

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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

Accounting

Calculated Risk

OCTOBER 10, 2024

With the release of the CPI report this morning, we now know the Cost of Living Adjustment (COLA), and the contribution base for 2025. From Social Security: Social Security Announces 2.5 Percent Benefit Increase for 2025 Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase 2.5 percent in 2025 , the Social Security Administration announced today.

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Retirement Taxes 289

Wealth Management

OCTOBER 10, 2024

Gen X, millennials and Gen Z are set to inherit $84 trillion in assets—they have different priorities that aren’t reflected in wealth management brands today.

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Wealth Management Management Assets 302

Wealth Management

OCTOBER 10, 2024

The Multi-Investment Workflow tool is aimed at accelerating the adoption of the firm’s model portfolio feature.

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Investing Investments Portfolio 293

Calculated Risk

OCTOBER 10, 2024

Today, in the Calculated Risk Real Estate Newsletter: House Prices to Income A brief excerpt: One of the metrics we'd like to follow is a ratio of house prices to incomes. Unfortunately, most income data is released with a significantly lag, and there are always questions about which income data to use (the average total income is skewed by the income of a few people).

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Wealth Management

OCTOBER 10, 2024

Gina M. Beall, director of investment research with the firm, talks about why Savant stays away from concentrated portfolios.

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Wealth Management Management Marketing Marketing 283

Abnormal Returns

OCTOBER 10, 2024

Markets Sorting cyclical from secular bull and bear markets. (awealthofcommonsense.com) There is a whole class of pundits out there trying to knock you off your game. (downtownjoshbrown.com) Cullen Roche, "So high valuations are evidence of long-term certainty, but can also create huge amounts of near-term uncertainty." (disciplinefunds.com) Companies Companies really are leaving California.

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Financial Advising Valuation Economy Media 162

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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

Clients

Wealth Management

OCTOBER 10, 2024

Opto is aiming to capture the RIA segment serving high-net-worth and ultra-high-net-worth investors.

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Clients 278

Calculated Risk

OCTOBER 10, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, The Producer Price Index for September from the BLS. The consensus is for a 0.1% increase in PPI, and a 0.2% increase in core PPI. • At 10:00 AM, University of Michigan's Consumer sentiment index (Preliminary for October).

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Wealth Management

OCTOBER 10, 2024

Industry thought leader Carl Richards offers a unique perspective on the true value of an advisor and how to access that to better serve clients and foster growth.

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Financial Advisor Clients 277

Calculated Risk

OCTOBER 10, 2024

The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in September. The 16% trimmed-mean Consumer Price Index increased 0.3%. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report".

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Food Banking 147

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 10, 2024

According to Baird, Robert Sargent is joining the firm's Fairfax office after leaving Edelman Financial Engines, where he managed about $245 million in client assets.

Engineering 264

Engineering Assets Clients Management 264

A Wealth of Common Sense

OCTOBER 10, 2024

Nick Maggiulli joined me on the show this week to tackle questions about investing in total stock market index funds, how to value your pension, factors that allow you to take more risk in your portfolio and when to sell your big winners. Further Reading: An Epic Bull Market 1It’s worth noting these are price returns only, no dividends included.

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Marketing Marketing Portfolio Investing 133

Wealth Management

OCTOBER 10, 2024

Charles Monat is working with a financial advisor on a potential disposal that could value it at $400 million to $500 million.

Financial Advisor 245

Financial Advisor Sales 245

Advisor Perspectives

OCTOBER 10, 2024

Multiple jobholders account for 5.3% of civilian employment. The survey captures data for four subcategories of the multi-job workforce, the relative sizes of which we've illustrated in a pie chart.

Accounting 111

Accounting 111

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 10, 2024

The funding round values Farther at $542 million.

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Wealth Advisor Startup 232

Advisor Perspectives

OCTOBER 10, 2024

In the week ending October 5th, initial jobless claims were at a seasonally adjusted level of 258,000. This represents an increase of 33,000 from the previous week's figure and is well below the 231,000 economists were expecting.

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NAIFA Advisor Today

OCTOBER 10, 2024

New NAIFA member, Alexander Flecker, CFP, CIMA , Head of Distribution at Measured Risk Portfolios , shares insights into his journey in the financial services industry and the firm's rapid growth since joining in mid-2023. During his tenure, Measured Risk Portfolios has seen a significant rise in assets under management, from $260 million to over $345 million, and has led a complete rebranding of the firm’s flagship SMA offering, now called SynthEquity™.

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Portfolio CFP Distribution Financial Services 98

Advisor Perspectives

OCTOBER 10, 2024

The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of September 27, the index was at 31.292, up 4.198 from the previous week, with 4 of the 6 components in expansion territory.

Economics 104

Economics Economy 104

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

Trade Brains

OCTOBER 10, 2024

Larsen & Toubro (L&T) is widely known for its engineering and construction expertise, but it’s also a master of diversification. Unlike many competitors, L&T constantly seeks new growth areas and isn’t afraid to exit low-potential businesses. Larsen & Toubro was founded on February 7, 1946, by two Danish engineers, such as Henning Holck-Larsen and Soren Kristian Toubro.

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Economy Investing Investments Engineering 98

Advisor Perspectives

OCTOBER 10, 2024

Should China deliver sufficient stimulus to break the cycle of tightening fiscal policy, we may find China, and emerging markets, investable again.

Investing 75

Investing Investments Marketing Marketing 75

SEI

OCTOBER 10, 2024

Public Invited to Monitor Conference Call at 5 p.m.

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Advisor Perspectives

OCTOBER 10, 2024

Inflation cooled for a sixth straight month in September, dropping to its lowest level since February 2021. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 2.4% year-over-year, slightly above economist expectations of 2.3%. Additionally, core CPI rose to 3.3% as expected, a tad above expectations.

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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.

Accounting

SEI

OCTOBER 10, 2024

ETFs Utilize Integrated Management Approach, Provide Allocations to All Core Equity Asset Classes

Assets 59

Assets Management 59

Steve Sanduski

OCTOBER 10, 2024

Guest: Dave Zoller, CFP®, owner of Streamline Financial Services in Warrenville, IL. Streamline currently manages over $450 million in assets for 250 client households. In a Nutshell: Digital marketing isn’t about trying to strike lighting and “go viral,” although that certainly helps! The advisors I’ve talked to who have mastered YouTube, LinkedIn, Facebook. email, and other channels turn clicks into clients through consistency, rigorous analytics, a personal touch that

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CFP Clients Retirement Financial Services 59

Advisor Perspectives

OCTOBER 10, 2024

Private capital – encompassing private equity and private credit – is in the midst of a bit of a renaissance at the moment. IPO activity hit a peak in 2021, the year after the pandemic and then promptly plunged to levels not seen in years.

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International College of Financial Planning

OCTOBER 10, 2024

Are you ready to accelerate your career in financial planning? The CFP® Fast Track offers a time-efficient and cost-effective solution for becoming a Certified Financial Planner, especially for those in India where the cost and time associated with traditional certification methods can be daunting. In this blog, we’ll explore why the CFP® certification is crucial for building a successful career in financial planning, discuss the challenges and expenses in obtaining it, and explain how ICOFP’s C

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CFP Certification Certified Financial Planner Financial Planner 52

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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?

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