Abnormal Returns
JANUARY 2, 2024
Markets How major asset classes performed in December 2023. (capitalspectator.com) 2023 was a welcome respite from 2022, market-wise. (awealthofcommonsense.com) Growth stocks have trounced value over the past decade no matter the geography. (albertbridgecapital.com) Strategy 10 predictions for 2024 including 'The economy overheats.' (theirrelevantinvestor.com) Don't get caught sitting in cash in 2024.
Nerd's Eye View
JANUARY 2, 2024
Welcome to the 366th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Stevyn Guinnip. Stevyn is founder of Grow Wellthy, a health and wellness consulting firm based in Springfield, Missouri that specializes in working with busy – but not always healthy – financial advisors. What's unique about Stevyn, though, is how she combines her family roots in financial advice with her decades-long career in wellbeing and health as a coach to financial advisors,
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abnormal Returns
JANUARY 2, 2024
Research Is the stock market predictable? Once in awhile for short periods of time. (alphaarchitect.com) Some evidence that indexing makes markets less efficient. (nber.org) How have risk parity funds weathered the past couple of years? (markovprocesses.com) What explains the 'distress risk premium'? (alphaarchitect.com) A round-up of recent research papers including 'We’re Not So Different, High Yield Bonds and Leveraged Loans.
A Wealth of Common Sense
JANUARY 2, 2024
2023 was a good year for the stock market. Bad years in the stock market are typically followed by good years (but not always): The obvious follow-up here is: What happens after good years? Or how often do we see good years followed by good years? There are, of course, bad years that follow good years, just like there are good years that follow bad years.
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.
Calculated Risk
JANUARY 2, 2024
From the Census Bureau reported that overall construction spending increased: Construction spending during November 2023 was estimated at a seasonally adjusted annual rate of $2,050.1 billion, 0.4 percent above the revised October estimate of $2,042.5 billion. The November figure is 11.3 percent above the November 2022 estimate of $1,842.2 billion. emphasis added Private spending increased and public spending decreased: Spending on private construction was at a seasonally adjusted annual rate of
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
The Irrelevant Investor
JANUARY 2, 2024
To say that everyone was expecting a recession going into 2023 is an understatement. This headline is from October. Poetically, and something few people were predicting at the time, the S&P 500 had bottomed five days before this ran. So, how did everyone get 2023 so wrong? Michael Cembalest hit on this in his 2024 outlook. Monetary policy is tighter but below the level of real rates that led to prior recessions; corp.
Wealth Management
JANUARY 2, 2024
Confluence Financial Planning’s six associates will continue to operate out of their Sacramento office. It’ll be Mariner’s first location in the city, and 15th in California.
Advisor Perspectives
JANUARY 2, 2024
The strongest stock market returns in the coming decade, perhaps longer, are likely to emerge during advances in the S&P 500 that attempt to catch up with the cumulative return of risk-free Treasury bills.
Investing Caffeine
JANUARY 2, 2024
You may have witnessed some fireworks on New Year’s Eve, but those weren’t the only fireworks exploding. The last two months of 2023 finished with a bang! More specifically, over this short period, the S&P 500 index skyrocketed +13.7%, NASDAQ +16.8%, and the Dow Jones Industrial Average +14.0%. The gains have been even more impressive for the cheaper, more interest-rate-sensitive small-cap stocks (IJR +21.8%), which I have highlighted for months ( see also AI Revolution ).
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.
Wealth Management
JANUARY 2, 2024
Fidelity, WisdomTree, BlackRock and JPMorgan Securities have all named Jane Street Capital as their "authorized participant" for a possible spot Bitcoin ETF.
The Irrelevant Investor
JANUARY 2, 2024
Today’s Animal Spirits is brought to you by YCharts: See here for a webinar with our very own Nick Maggiulli on Transforming Data Into Dollars On today’s show, we discuss: 10 predictions for 2024 Where did Americans put their money this year? Everywhere. Gas prices will fall in 2024 and Americans spend $32B less on fuel, GasBuddy predicts We aren’t posting on social media as much anymore.
Wealth Management
JANUARY 2, 2024
The rebrand comes as the $3.3 billion AUM firm aims to broaden its appeal to a wider swath of advisors and increase recruiting.
Carson Wealth
JANUARY 2, 2024
Top Charts of the Year What a year it has been! The economy surprised, the consumer remained resilient, stocks soared, and even bonds did well on the year thanks to a late-innings rally. Just like everyone called it, right? As we look ahead to 2024, we want to share with you some of our team’s favorite charts on the year. Some are perhaps unorthodox, but they tell us a lot about 2023 while setting the scene for 2024.
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.
Wealth Management
JANUARY 2, 2024
The deal with C2C Wealth Management represents Dakota’s fourth transaction since June 1, and third office in Massachusetts.
Alpha Architect
JANUARY 2, 2024
This article seeks to examine what research says about the interplay between risk tolerance, financial literacy, and trust and their collective impact on the pursuit of financial advice by Black and Hispanic households. Do racial barriers prevent Black and Hispanic households from pursuing financial advice? was originally published at Alpha Architect.
Advisor Perspectives
JANUARY 2, 2024
Here’s a look at some of the biggest winners and losers in 2023, plus a few investments that sat somewhere in the middle.
Million Dollar Round Table (MDRT)
JANUARY 2, 2024
By Bryce Sanders The best ideas withstand the test of time. One of the best techniques to encourage a person you meet socially to open up is with a strategy known as FORM. Let’s say you occasionally run into someone, and you’d like to learn more about them and get past the surface without seeming like you’re prying. You can do it gradually and tactfully with FORM.
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.
Cornerstone Financial Advisory
JANUARY 2, 2024
Weekly Market Insights: S&P Ends 2023 Up 24% Stocks posted a slight gain last week amid a shortage of news and light holiday trading. The Dow Jones Industrial Average gained 0.76%, while the Standard & Poor’s 500 added 0.49%. The Nasdaq Composite index advanced 0.32% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, increased 1.13%. 1,2,3 Source: YCharts.com, December 30, 2023.
Advisor Perspectives
JANUARY 2, 2024
Here is a summary of the four market valuation indicators we update on a monthly basis.
Wealth Management
JANUARY 2, 2024
Elon Musk led the world’s richest to a $1.5 trillion wealth gain in 2023.
Advisor Perspectives
JANUARY 2, 2024
Based on the December S&P 500 average of daily closes, the Crestmont P/E of 34.5 is 130% above its arithmetic mean, 150% above its geometric mean, and is at the 99th percentile of this 14-plus-decade series.
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!
Wealth Management
JANUARY 2, 2024
A close look at providing the tools financial advisors need to attract and retain clients.
Calculated Risk
JANUARY 2, 2024
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. (Two weeks!) • At 10:00 AM, Job Openings and Labor Turnover Survey for November from the BLS. • Also at 10:00 AM, ISM Manufacturing Index for December.
Wealth Management
JANUARY 2, 2024
Seven ideas for how to save smarter, from automation to rollovers and Roths.
Advisor Perspectives
JANUARY 2, 2024
The December S&P Global US Manufacturing PMI™ fell to 47.9 from 49.4 in November, signaling a sharper decline in operating conditions. The latest reading was lower than the forecasted reading of 48.2. The index has contracted for two straight months.
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.
Wealth Management
JANUARY 2, 2024
Lower valuations and higher dividend yields mean value stocks typically outperform in the long run regardless of interest rates.
Advisor Perspectives
JANUARY 2, 2024
What would it take for your qualified prospects to feel so confident after an initial meeting with you that they felt it wasn’t necessary to see any other advisors and they were ready to hire you on the spot?
Trade Brains
JANUARY 2, 2024
Alternative Investment Fund : Are you one of those investors looking for options beyond traditional investments like mutual funds, stocks, cash, or bonds? If so, then Alternative Investment Fund (AIF) might be the right investment option for you, as these investment options can offer higher returns compared to traditional investment. In India, there are over 900 registered AIFs, with a total amount raised of Rs. 8.3 trillion as of March 31, 2023, according to SEBI.
Expert insights. Personalized for you.
220 
Let's personalize your content