The Big Picture

APRIL 11, 2024

Confused about where we are today? A favorite exercise is to go back to first principles to consider how we got to where we are. (That is a favorite way to find fresh insights). On the equity side, you have to go back a century or so. Equities were considered speculative endeavors, best suited for gamblers and punters. The exceptions? A handful of “Widows & Orphan” stocks, like Ma Bell, some railroads, utilities and the rare bank that was not suffering regular runs.

Commission 349

Commission Taxes Management Electronics 349

Abnormal Returns

APRIL 11, 2024

Markets These 15 stocks destroyed the most value in the past decade. (morningstar.com) Is the worst over for the UK stock market? (ft.com) Strategy All-time highs shouldn't prevent you from investing in the stock market. (theirrelevantinvestor.com) What perma-bears get wrong about this stock market. (theatlantic.com) Financial media Robinhood-backed ($HOOD) Sherwood News has launched.

Media 252

Media Financial Advising Economy Economics 252

Advisor Perspectives

APRIL 11, 2024

Wholesale inflation heated up last month but came in slightly lower than expected. The producer price index for final demand increased 0.2% month-over-month (s.a.). On an annual basis, headline PPI accelerated from 1.6% in February to 2.1% in March.

123

123

Abnormal Returns

APRIL 11, 2024

Books An excerpt from "The Weight of Nature: How a Changing Climate Changes Our Brains" by Clayton Page Aldern. (grist.org) A Q&A with Steven Kurutz author of "American Flannel: How a Band of Entrepreneurs Are Bringing the Art and Business of Making Clothes Back Home." (insidehook.com) Annie Duke talks with Michael Norton, author of "From Habit to Ritual, Harness the Surprising Power of Everyday Actions.

Management 232

Management Investing Investments 232

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

Calculated Risk

APRIL 11, 2024

The DOL reported : In the week ending April 6, the advance figure for seasonally adjusted initial claims was 211,000 , a decrease of 11,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 221,000 to 222,000. The 4-week moving average was 214,250, a decrease of 250 from the previous week's revised average.

120

120

Calculated Risk

APRIL 11, 2024

What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For March, Realtor.com reported inventory was up 23.5% YoY, but still down almost 38% compared to March 2017 to 2019 levels. Now - on a weekly basis - inventory is up 30.4% YoY. Realtor.com has monthly and weekly data on the existing home market.

Sales 101

Sales Numbers Marketing Marketing 101

Wealth Management

APRIL 11, 2024

The news comes just days after the firm revealed that CEO and founder Ron Carson was stepping down from his role to become chairman of the board.

129

129

A Wealth of Common Sense

APRIL 11, 2024

A reader asks: Instead of diversifying is it ever worth advising clients to build mental toughness? This would be similar to how we teach youth athletes to grow through losses and failures. Learning to take short term investing losses knowing over long term they will get larger gains in stocks. This is an excellent question because money is more about behavior than numbers.

Numbers 101

Numbers Clients Investing Investments 101

Wealth Management

APRIL 11, 2024

Accumulation-phase planning software won't cut it for solving your clients' complex retirement income puzzles, but there are dedicated applications that can.

Retirement 111

Retirement Distribution Clients Planning 111

Advertisement

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Banking

Calculated Risk

APRIL 11, 2024

Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in March A brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a comparison to March 2019 for each local market (some 2019 data is not available). This is the second look at several early reporting local markets in March.

Marketing 98

Marketing Marketing Sales 98

Wealth Management

APRIL 11, 2024

The news comes just days after the firm revealed that CEO and founder Ron Carson was stepping down from his role to become chairman of the board.

Marketing 120

Marketing Marketing 120

The Irrelevant Investor

APRIL 11, 2024

Today’s Compound and Friends is brought to you by Global X: See here for more information on Global X’s full ETF suite On today’s show, we discuss: Hot inflation report derails case for Fed June rate cut Why have rate hikes not done anything? Larry Fink’s 2024 annual chairman’s letter to investors A meme stock for private companies The economics of American lotteries Subscrib.

Economics 84

Economics 84

Wealth Management

APRIL 11, 2024

With this latest acquisition, Arax now has 120 advisors overseeing more than $16 billion in assets under management and advisement.

Assets 109

Assets Management 109

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Financial Advice

Clever Girl Finance

APRIL 11, 2024

So many of us enjoy talking and dreaming about our goals, but achieving them is another issue. It’s exciting to think about the possibilities of what can happen when we accomplish new goals, but unfortunately, lots of us give up or don’t even get started. So in this article, I’m sharing 5 ways to achieve your goals: examples included. Remember that although achieving your goals is rarely easy, it’s totally worth it!

Retirement 79

Retirement Planning Accounting Budgeting 79

Wealth Management

APRIL 11, 2024

Professionals leading RIAs often see themselves primarily as advisors rather than business owners.

122

122

Random Roger's Retirement Planning

APRIL 11, 2024

There have been some engaging reader comments lately. One pushed back on the logic behind using the AGFiQ US Market Neutral Ant-Beta ETF (BTAL) in client accounts. It is a personal holding too. The commenter said that per Yahoo Finance it has a negative return and it is expensive. As far as being expensive, selling stocks short is expensive yes and the fund bears that expense.

Management 69

Management Taxes Accounting Portfolio 69

Wealth Management

APRIL 11, 2024

A cadre of US regulators are scrutinizing the firm’s efforts to prevent potential money laundering by wealthy clients.

Clients 109

Clients 109

Advertisement

Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.

Banking

Advisor Perspectives

APRIL 11, 2024

If the rising price of homeowners insurance were factored into the US Consumer Price Index — a key metric of inflation — it could have added 80 basis points, or about 0.8%, to last year’s CPI increase of 3.4%, according to an analysis from Bloomberg Intelligence.

Insurance 74

Insurance 74

Wealth Management

APRIL 11, 2024

Matthew Gotlin will lead an expanded investment team focused on tax-efficient and tech-enabled investing and research.

Investing 109

Investing Investments Taxes 109

Advisor Perspectives

APRIL 11, 2024

The labor force participation rate (LFPR) is a simple computation: You take the civilian labor force (people aged 16 and over employed or seeking employment) and divide it by the civilian non-institutional population (those 16 and over not in the military and or committed to an institution). As of March, the labor force participation rate is at 62.7%, up from the previous month.

64

64

Wealth Management

APRIL 11, 2024

Key Advisors Wealth Management is the fourth firm to join Diversify Advisor Network’s new W-2 model.

Wealth Management 108

Wealth Management Management 108

Advertisement

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

Accounting

Advisor Perspectives

APRIL 11, 2024

In the week ending April 6, initial jobless claims were at a seasonally adjusted level of 211,000, a decrease of 11,000 from the previous week's revised figure. The latest reading is lower than the forecast of 216,000 jobless claims.

64

64

Wealth Management

APRIL 11, 2024

Six ways wirehouse advisors can ride off into the sunset without next-gen in the wings.

Retirement 107

Retirement 107

Fortune Financial

APRIL 11, 2024

Career change has become one of the defining characteristics of the modern workforce, leading to a significant issue for millions of Americans: the potential loss of 401(k) funds through oversight or lack of information. The reality for those with various employers is that untracked retirement savings might lead to missed financial growth opportunities and instability.

Retirement 59

Retirement Retirement Planning Financial Advisor Education 59

Wealth Management

APRIL 11, 2024

Why this $1.5B Merrill Family Business Opted for Independence.

Financial Advisor 109

Financial Advisor 109

Advertisement

Creating a winning digital lending experience requires plenty of focus on the needs of customers and more. Biz2X Chief Product Officer Aaron Traub covers everything from how to create such an experience, areas to hone in on, pitfalls to avoid, and plenty more in this insightful article. Discover how to utilize new technology without alienating existing customers, what to emphasize when working on your platform, and how to utilize the data at your disposal while not becoming overly reliant on it.

Communication

Advisor Perspectives

APRIL 11, 2024

The 20th century Baby Boom was one of the most powerful demographic events in the history of the United States. We've created a series of charts to show seven age cohorts of the employed population from 1948 to the present.

59

59

Wealth Management

APRIL 11, 2024

Bitcoin use case adoption will determine its long-term trajectory.

103

103

Tobias Financial

APRIL 11, 2024

We are thrilled to announce that our Wealth Advisors, Edzai Chimedza, CFP® and Franklin Gay , CFP®, EA will be leading two Financial Planning Seminars at Nova Southeastern University. These seminars, scheduled for Friday, April 12th and Friday, May 3rd at 11 a.m., will cater specifically to the students of the dental school. Edzai and Franklin will cover a wide range of essential topics including managing student debt, understanding employer-provided benefits, retirement planning fundamentals, h

Wealth Advisor 52

Wealth Advisor Financial Planning Asset Allocation CFP 52