Calculated Risk
JULY 3, 2023
Altos reports that active single-family inventory was up 1.3% week-over-week. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of June 30th, inventory was at 466 thousand (7-day average), compared to 460 thousand the prior week. Year-to-date, inventory is down 5.1%. And inventory is up 14.9% from the seasonal bottom eleven weeks ago.
Wealth Management
JULY 3, 2023
Wise Rhino Group’s quarterly report highlights importance of convergence, scale and integration.
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Calculated Risk
JULY 3, 2023
From the Census Bureau reported that overall construction spending increased: Construction spending during May 2023 was estimated at a seasonally adjusted annual rate of $1,925.6 billion, 0.9 percent above the revised April estimate of $1,909.0 billion. The May figure is 2.4 percent above the May 2022 estimate of $1,880.9 billion. emphasis added Both private and public spending increased: Spending on private construction was at a seasonally adjusted annual rate of $1,513.2 billion, 1.1 percent a
Wealth Management
JULY 3, 2023
U.S. regulators have issued guidelines to lenders urging them to find “accommodations and workouts” for upcoming real estate maturities. Invesco has entered the non-traded REIT space with a focus on financing commercial real estate properties. These are among the must reads from around the real estate investment world to kick off the new week.
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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
The Big Picture
JULY 3, 2023
Barry Ritholtz, “Masters in Business” Radio and Podcast Host discusses the environment of hedge funds and the war on talent between them. He speaks with Romaine Bostick and Scarlet Fu on Bloomberg Markets: The Close Vast Majority of Hedgefunds Are Failing to Meet Targets: Ritholtz Source: Bloomberg See also : MiB: Ilana Weinstein Discusses the Hedge Fund War for Talent (July 1, 2023) The post Majority of Hedge Funds Fail to Meet Benchmarks appeared first on The Big Picture.
Wealth Management
JULY 3, 2023
Leon Vaccarelli, who defrauded at least nine investors of over $1 million, is currently incarcerated in federal prison in Massachusetts.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
JULY 3, 2023
Matt Radgowski steps in to lead the eight-year old firm that specializes in offering access to protective investments including structured notes, market-linked CDs, buffered ETFs and annuities.
Abnormal Returns
JULY 3, 2023
Fintech Why fintech startups need advisers onboard to help them sell to wealth management firms. (matts-newsletter-7a3f46.beehiiv.com) A round-up of the past month's advisor-tech news including Vanilla's new "estate advisory" platform. (kitces.com) Estate planning Four things to consider in anticipation of 2026. (financial-planning.com) Wealth.com's Ester will help you read estate planning documents.
Wealth Management
JULY 3, 2023
What drove Aaron Kline, who helped create and design the Riskalyze brand, to rebrand the firm as Nitrogen?
Calculated Risk
JULY 3, 2023
Today, in the Calculated Risk Real Estate Newsletter: Housing Inventory and Demographics: The Next Big Shift A brief excerpt: In 2021 I wrote Housing and Demographics: The Next Big Shift. In that article I reviewed how demographics had helped me call the apartment boom in the early 2010s, and the home buying boom in 2020. I also noted: No cohort is monolithic - some people will age-in-place until they pass away, others will move in with family (or family will move in with their parents), and som
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.
Wealth Management
JULY 3, 2023
Creating the capacity to achieve growth objectives while meeting client demand for greater personalization is one of today’s greatest advisory firm challenges, says MyVest’s Mike Everett.
The Reformed Broker
JULY 3, 2023
Last month Michael, Duncan and I traveled down to St Petersburg for an event and, while we were there, my friend Shirl Penney set up a conversation with Scotty Neil, the founder of Horse Soldier Bourbon. Scott was part of the elite team of Green Berets who were sent behind the lines in the immediate aftermath of 9/11 to link up with our old mujahideen allies and knock the Taliban out of key Afghan cities.
Calculated Risk
JULY 3, 2023
(Posted with permission). The ISM manufacturing index indicated contraction. The PMI® was at 46.0% in June, down from 46.9% in May. The employment index was at 48.1%, down from 51.4% the previous month, and the new orders index was at 45.6%, up from 42.6%. From ISM: Manufacturing PMI® at 46% June 2023 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector contracted in June for the eighth consecutive month following a 28-month period of growth, say the nation's supp
Wealth Management
JULY 3, 2023
Want to create an environment for independent advisors to thrive? Tap into their unique, core motivations, says Mike LeMena.
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.
Abnormal Returns
JULY 3, 2023
June 2023 How major asset classes performed in June 2023. (capitalspectator.com) How factors have performed in the first half of 2023. (insights.finominal.com) Strategy Why contrarians are usually wrong. (awealthofcommonsense.com) Investment built on forecasts are destined to fail in the long run. (mathinvestor.org) Companies Nike ($NKE) is feeling the pain of the end of the sneak boom.
Wealth Management
JULY 3, 2023
Monday, July 31, 2023 | 2:00 PM ET
A Wealth of Common Sense
JULY 3, 2023
On today’s show, we are joined by Chris Hutchins, Host of All The Hacks Podcast to discuss the best credit card hacks and reward deals out there. On today’s show, we discuss: Point devaluation and inflation Why people love rewards so much All the Hacks credit cards All the Hacks Transfer Partners Transferring and redeeming credit card points Best places to book fights and hotels Hacking family trips Is the C.
NAIFA Advisor Today
JULY 3, 2023
For New York Life Agent Vesela Nikay , life insurance is personal. When she was 13 years old, she lost her father to cancer. Her family had to move from their home and Nikay had to move to a new school and make new friends. Protecting families from experiences like hers is why she chose a career in the insurance and financial industry. “I'm very, very passionate about life insurance, and that's what keeps me going,” she says.
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.
Clever Girl Finance
JULY 3, 2023
Love it or hate it, if you want to be financially successful, you need to budget your money and understand budget categories. Getting your finances in order and building wealth takes planning, and your budget can help you do just that. Table of contents 1. Determine which budgeting methods will work for you 2. Create your list of budget categories 3.
NAIFA Advisor Today
JULY 3, 2023
The Fourth of July, naturally, celebrates our nation’s independence declared in 1776, won through the struggle and sacrifice of the American Revolution, and maintained by generations of Americans throughout the history of the United States. NAIFA joins in this celebration of our country and the freedoms we all enjoy.
Advisor Perspectives
JULY 3, 2023
In 1852, Karl Marx said, "Men make their own history, but they do not make it as they please; they do not make it under circumstances chosen by themselves but under circumstances directly encountered and transmitted from the past.
Integrity Financial Planning
JULY 3, 2023
What is the Debt Ceiling? The national debt ceiling is the amount of money that the United States Government is allowed to borrow to pay for its expenses. These expenses include things like Social Security and Medicare benefits, tax refunds, military salaries, and interest payments on outstanding debt the nation may have. The United States runs a budget deficit, meaning that the nation spends more than it earns through taxes and other means.
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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.
Advisor Perspectives
JULY 3, 2023
While the financial media has focused on the headwinds for commercial real estate and the challenges the office and retail sectors face, this narrative ignores the differences across sectors and the potential opportunities available in today’s market environment, according to Franklin Templeton Institute’s Tony Davidow.
Alpha Architect
JULY 3, 2023
Full exposure to domestic equities. Full exposure to international equities. No exposure to REITs. No exposure to commodities. No exposure to intermediate-term bonds. DIY Trend-Following Allocations: July 2023 was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.
Advisor Perspectives
JULY 3, 2023
As of June 30, 2023, the 10-year note was 329 basis points above its historic closing low of 0.52% reached on August 4, 2020.
The Irrelevant Investor
JULY 3, 2023
On today’s show, we are joined by Chris Hutchins, Host of All The Hacks Podcast to discuss the best credit card hacks and reward deals out there. On today’s show, we discuss: Point devaluation and inflation Why people love rewards so much All the Hacks credit cards All the Hacks Transfer Partners Transferring and redeeming credit card points Best places to book fights and hotels Hacking family trips Is the Chase.
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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?
Advisor Perspectives
JULY 3, 2023
I will describe the general process used by actuaries to maintain financial sustainability, to encourage advisors to employ this same process to their client’s retirement planning.
Good Financial Cents
JULY 3, 2023
Are you curious about how much $30 an hour could earn you in a year? Well, wonder no more because we’re diving into the nitty-gritty of annual and monthly salaries for those who make this hourly wage. Money may not grow on trees, but with the right salary, it might as well. Did you know that according to the United States Bureau of Labor Statistics , the median hourly wage for all workers is $29 per hour?
Advisor Perspectives
JULY 3, 2023
Here is the latest update of a popular market valuation method, Price-to-Earnings (P/E) ratio, using the most recent Standard & Poor's "as reported" earnings and earnings estimates, and the index monthly average of daily closes for the past month. The latest trailing twelve months (TTM) P/E ratio is 24.1 and the latest P/E10 ratio is 29.9.
Cornerstone Financial Advisory
JULY 3, 2023
Weekly Market Insights: Economy Continues Upward Trend Presented by Cornerstone Financial Advisory, LLC Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test. The Dow Jones Industrial Average gained 2.02%, while the Standard & Poor’s 500 rose 2.35%.
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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