The Big Picture

AUGUST 23, 2022

My Two-for-Tuesday morning train WFH reads: • Inflation Is Up Everywhere, But How Much Depends on Where You Live : The Northeast isn’t feeling the pain as much as the South or Mountain West, This could have political implications in the 2022 midterms. ( Businessweek ) see also Why the Rent Inflation Is So Damn High It’s just the latest chapter in the “everything is weird” economy. ( The Atlantic ). • The Biggest Life Event That No One Talks About : Graduation, first job, marriage, kids, divorce,

Management 281

Management Retirement Economy Economics 281

Nerd's Eye View

AUGUST 23, 2022

Welcome back to the 295th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Shari Greco Reiches. Shari is the Co-Founder and Chief Visionary Officer of Rappaport Reiches Capital Management, an independent RIA based in Skokie, Illinois, that oversees more than $800 million in assets under management, for 350 client households.

Clients 195

Clients Planning Financial Advisor Financial Planning 195

Abnormal Returns

AUGUST 23, 2022

Trend A reminder that momentum and trend following are two distinct things. (mrzepczynski.blogspot.com) Comparing TAA and long volatility strategies. (insights.factorresearch.com) Factors Is value just a big interest rate bet? (aqr.com) Is the size factor down for good? (mailchi.mp) Research Using asset duration to create an all-weather portfolio. (disciplinefunds.com) Does mining credit card data make for alpha?

Portfolio 147

Portfolio Assets Investing Investments 147

Nerd's Eye View

AUGUST 23, 2022

Welcome back to the 295th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Shari Greco Reiches. Shari is the Co-Founder and Chief Visionary Officer of Rappaport Reiches Capital Management, an independent RIA based in Skokie, Illinois, that oversees more than $800 million in assets under management, for 350 client households.

Clients 146

Clients Planning Financial Advisor Financial Planning 146

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Accounting

The Reformed Broker

AUGUST 23, 2022

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: ?The Bounce – “The S&P 500 has retraced 53% of its decline, and this is as far as bear market rallies go.” ?Normalization – Undergoing a normalization after a three year distortion. ?

Investing 130

Investing Investments Marketing Marketing 130

The Reformed Broker

AUGUST 23, 2022

Final Trades: Raytheon, Corteva, Health Care & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Wealth Management

AUGUST 23, 2022

Over 1,800 companies re-shored production in 2021, setting a new record for re-shoring activity, notes The Reshoring Initiative. These companies are looking for logistics facilities, warehouses and distribution sites.

Distribution 127

Distribution 127

A Wealth of Common Sense

AUGUST 23, 2022

Ryan Detrick shared a stat last week that should put stock market investors at ease with the recent rally: Here is Ryan’s data to back this up: And the chart: This sounds pretty good to me and it makes sense intuitively. Bear market rallies are a common occurrence but not to this degree. So are we out of the woods? Maybe? The problem is that although it appears we have skirted a recession for the time being, it&#.

Marketing 120

Marketing Marketing 120

Good Financial Cents

AUGUST 23, 2022

When it comes to choosing the best short-term investments for the next five years, there are three main factors to focus on — liquidity, expectations, and risk. You need to keep your cash liquid so it’s easily accessible when you need it, which means you also need to invest in a way that doesn’t put you at too much risk of losing capital.

Investing 116

Investing Investments Accounting Banking 116

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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

AUGUST 23, 2022

Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Durable Goods Orders for July from the Census Bureau. The consensus is for a 0.5% increase in durable goods orders. • At 10:00 AM, Pending Home Sales Index for July. The consensus is for a 3.8% decrease in the index. • Also at 10:00 AM, the Bureau of Labor Statistics (BLS) will release the 2022 Preliminary Benchmark Revision to Establishment Surv

Sales 102

Sales 102

Wealth Management

AUGUST 23, 2022

Tom Moran and his Naples, Fla.-based team sought to be fee-only and escape the contraints Wells Fargo placed on investment options and services he was able to offer his clients.

Fee Only 98

Fee Only Clients Investing Investments 98

Calculated Risk

AUGUST 23, 2022

Today, in the Calculated Risk Real Estate Newsletter: [link] Brief excerpt: The next graph shows the months of supply by stage of construction. “Months of supply” is inventory at each stage, divided by the sales rate. There are 1.06 months of completed supply (red line). This is about two-thirds of the normal level. The inventory of new homes under construction is at 7.33 months (blue line) - a new record and well above the normal level.

Sales 98

Sales 98

Wealth Management

AUGUST 23, 2022

Lower consumer spending and inflation will test the resiliency of the industrial sector, reports The New York Times. Brookfield, Intel sign a multi-billion agreement to finance the building of chip factories, according to The Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

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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

Calculated Risk

AUGUST 23, 2022

This is something to watch with higher gasoline prices. The Department of Transportation (DOT) reported : Travel on all roads and streets changed by -1.7% (-4.8 billion vehicle miles) for June 2022 as compared with June 2021. Travel for the month is estimated to be 282.1 billion vehicle miles. The seasonally adjusted vehicle miles traveled for June 2022 is 268.0 billion miles, a -1.80% ( -4.8 billion vehicle miles) change over June 2021.

Transportation 97

Transportation 97

Mullooly Asset Management

AUGUST 23, 2022

What Is a Will? A will, or a Last Will and Testament, is a legal document that outlines your intention for the distribution of your assets after your death. It is an integral part of a comprehensive estate plan and helps your loved ones avoid legal and financial loopholes and know what to do with […].

Estate Planning 96

Estate Planning Distribution Assets Planning 96

Elevating Your Business

AUGUST 23, 2022

A Mission Statement is about your clients, their results when they work with you, and the benefits of working with you. A Mission Statement is no longer than eight words. A Business Vision Statement paints a picture of your company goals and your growth. It’s usually a paragraph or a few sentences in length. Essentially, The post Mission Statement vs.

Financial Advisor 95

Financial Advisor Clients Strategic Planning Planning 95

Wealth Management

AUGUST 23, 2022

While coworking provides similar solutions to flex space, there are some key differences. Flex space challenges the idea of traditional commercial offices, which typically require signing long-term leases.

Startup 95

Startup 95

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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

The Irrelevant Investor

AUGUST 23, 2022

Today’s Animal Spirits is brought to you by Nasdaq and Composer: See here for daily news and insights from Nasdaq. See here for more info on Composers’ rules-based strategies On today’s show we discuss: US mortgage lenders are starting to go broke Housing slowdown starts to ease as a drop in listings hampers supply Even with sales down, home prices are up 10.8% Homebuyers are backing out of deals T.

Sales 87

Sales 87

Wealth Management

AUGUST 23, 2022

The firm sees an opportunity for RIAs to leverage its platform capabilities, technology and scale to accelerate growth, CEO Jamie Price says

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Million Dollar Round Table (MDRT)

AUGUST 23, 2022

By Mariam Tinwala As a financial advisor, how you handle objections shows clients how you prioritize their best interests. The following method of objection handling, which is a two-pronged approach of process and then mindset, can help you become a more effective advisor who communicates care and concern for clients. The process. Concerns and objections from the client are expected.

Clients 86

Clients Financial Advisor Communication Consulting 86

Wealth Management

AUGUST 23, 2022

"Recovery Within Reach" is one of the nation’s first statewide initiatives focusing on advisors’ role in curtailing the opioid epidemic.

Clients 96

Clients 96

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Accounting

Prosperity Coaching

AUGUST 23, 2022

Financial Advisor Website Mistakes. Many industries have moved their promotions online to take advantage of inbound marketing opportunities, yet financial advisors are slow to follow, often due to compliance regulations. Regrettably, advisors under-utilize online strategies, including custom websites, to grow their firms. Since 2004, I have been a Financial Advisor […].

Financial Advisor 71

Financial Advisor Compliance Marketing Marketing 71

Wealth Management

AUGUST 23, 2022

Thomas Barr joins Steward Partners Global Advisory following transition to multi-custodial Raymond James platform.

Recruitment 104

Recruitment 104

Diamond Consultants

AUGUST 23, 2022

If changing firms made sense to these $1B+ financial advisors, what lessons can be learned by those who manage less but aspire for more? When it comes to advisor movement, there’s no doubt that the disruption and hassle of changing firms or models are real. So, the upside in a new opportunity must be more than “better enough,” solving for frustrations and limitations an advisor may be experiencing.

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Clients Recruitment Management Assets 64

Wealth Management

AUGUST 23, 2022

Georgia was one of the first states to adopt a version of this statute.

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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

Random Roger's Retirement Planning

AUGUST 23, 2022

Over the last few weeks I've stumbled into an interesting group of DIY investors on Twitter. They spend a lot of time on their portfolios and are having conversations that not too many people are having related to leverage, capital efficiency, risk parity, managed futures and so on. I draw very different conclusions for implementation though, they tend to be all in on these things in a way that takes risks that I don't think they appreciate versus my preference to tweak at the margin while still

Portfolio 62

Portfolio Management Clients Assets 62

Carson Wealth

AUGUST 23, 2022

Retirement plans like 401(k)s and traditional or Roth IRAs can be an easy and effective way to save for retirement. Many investors favor these accounts for their significant tax advantages, which can include tax-deductible contributions. . Contributions to a traditional 401(k), IRA, and other retirements plans are usually deductible up to a limit. However, not all retirement plan contributions are tax deductible.

Retirement Planning 52

Retirement Planning Retirement Taxes Planning 52

NAIFA Advisor Today

AUGUST 23, 2022

On August 31, join NAIFA-Past President Juli McNeely, LUTCF, CFP, CLU for “Risk Matters,” a Building Relationships Every Week (BREW) webinar from E4 Insurance. In this session, McNeely will share insights on how to help your clients evaluate risk and the importance of consistently analyzing risk. A loyal NAIFA member since 1996, McNeely is Past President of NAIFA-WI , a graduate of NAIFA’s Leadership in Life Institute (LILI), and a Financial Security Advocate.

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CFP Insurance Clients 52