Abnormal Returns

MARCH 12, 2024

Markets Are the Magnificent Seven all that overvalued? (morningstar.com) Has Nvidia ($NVDA) earned it valuation? (theirrelevantinvestor.com) Crypto Why this crypto rally is different. (ofdollarsanddata.com) Wall Street is all-in on Bitcoin. (ft.com) Grayscale is cloning its spot Bitcoin ETF with the Grayscale Bitcoin Mini Trust ($BTC) is coming. (wealthmanagement.com) Companies Why Reddit isn't allocating too much of its IPO to power users.

Financial Advising 247

Financial Advising Startup Media Economy 247

Nerd's Eye View

MARCH 12, 2024

Welcome back to the 376th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Eric Simonson. Eric is the Founder & CEO of Abundo Wealth, an Advice-Only RIA based in Minneapolis, Minnesota, that oversees $600M in assets under advisement for 420 client households. What's unique about Eric, though, is that Abundo has grown its base of 420 clients, and is on pace for well over $1M of revenue in 2024, despite having launched barely 4 years ago… with an "advice-

Clients 130

Clients Financial Advisor Financial Planning Media 130

Abnormal Returns

MARCH 12, 2024

Private equity How has private equity performed outside the U.S.? (alphaarchitect.com) On the growing importance of private equity secondary transactions. (linkedin.com) Why do private equity firms allow co-investment? (papers.ssrn.com) Does venture debt still have a future? (papers.ssrn.com) Skewness Investors love to pay up for skewness. (alphaarchitect.com) People (poker players) love skewness.

Retail 228

Retail Management Investing Investments 228

Wealth Management

MARCH 12, 2024

Rising valuations and growing opportunities for media rights and sponsorships make professional sports teams an attractive bet. However, data on how these investments will work in the long term remains scarce.

Valuation 122

Valuation Media Investing Investments 122

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

Discipline Funds

MARCH 12, 2024

Tuesday’s CPI report came in a touch hotter than expected at 3.2% on the headline and 3.8% on the core. Analysts were looking for 3.1% and 3.7%. Bonds sold off on the news as investors started to project the likelihood of later rate cuts. Some analysts will say that this is the beginning of a big resurgence in inflation or a sign that disinflation isn’t entrenched, but the early 2024 stickiness in inflation is largely unsurprising and doesn’t change the broader trend here which

Economy 113

Economy Economics Marketing Marketing 113

Calculated Risk

MARCH 12, 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 3.9% YoY (increased recently). Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through February 2024.

Food 112

Food 112

A Wealth of Common Sense

MARCH 12, 2024

Market cycles operate on numerous time horizons. Short-term trends which are often impacted by momentum and emotions. Intermediate-term trends which are more impacted by some combination of flows, themes and fundamentals. And long-term trends which are impacted mainly by fundamentals. The hard part about investing is it’s difficult to know in real-time if you’re experiencing secular or cyclical markets.

Investing 106

Investing Investments Marketing Marketing 106

Wealth Management

MARCH 12, 2024

LPL is accused in a lawsuit of convincing three of the advisors at Lamkin Wealth Management and their clients to leave the firm, allegedly resulting in a $450 million AUM drop overnight.

Wealth Management 104

Wealth Management Clients Management 104

Advisor Perspectives

MARCH 12, 2024

Artificial intelligence bulls are increasingly gravitating toward an ETF that amps up bets on Nvidia Corp. as trading volumes and inflows hit all-time highs.

98

98

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

Wealth Management

MARCH 12, 2024

Northwestern’s Trenton Hazen will lead new division and develop retirement plan services as the $500M RIA builds out a family office framework.

Retirement 117

Retirement Retirement Planning Planning 117

Million Dollar Round Table (MDRT)

MARCH 12, 2024

By Lois R. Weinblatt As a financial advisor, you know the crucial long-term difference between spending versus investing. But what about spending your time casting a wide net versus investing your time with the right niche of clients and products? It has a major impact on your future, so make sure you’re investing your time wisely by creating crystal-clear goals about where you’re headed in the future to help you make better decisions today — decisions like where and how you want to specialize.

Financial Advisor 83

Financial Advisor Clients Investing Investments 83

Wealth Management

MARCH 12, 2024

While Geneos allows its advisors to use some Bitcoin ETFs, adding Eaglebrook provides additional options for clients who want to dip their toes into crypto assets.

Assets 107

Assets Clients 107

The Irrelevant Investor

MARCH 12, 2024

Today’s Animal Spirits is brought to you by Texas Capital Management: See here for more information on The Texas Small Cap Equity Index ETF RWM is coming to LA! Reach out to us at info@ritholtzwealth.com subject line “LA” to set up a time to meet! On today’s show, we discuss: Global Investment Returns Yearbook 2024 15 funds that have destroyed the most wealth over the past decade Cliff Asness: AI is.

Management 81

Management Investing Investments 81

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

Wealth Management

MARCH 12, 2024

Birmingham, Ala.-based Brian Pflaum decided to evaluate his options when he heard that his broker/dealer, Lincoln Financial Advisors, would sell to Osaic.

Financial Advisor 107

Financial Advisor 107

Advisor Perspectives

MARCH 12, 2024

Research shows that client portal technology has a pronounced impact on advisor-client relationships.

Clients 105

Clients Marketing Marketing 105

Wealth Management

MARCH 12, 2024

Previously affiliated with Mariner’s independent advisor platform, the Washington state firm brings 401(k), estate planning and insurance talent to Merit.

Estate Planning 105

Estate Planning Insurance Planning 105

Advisor Perspectives

MARCH 12, 2024

The Consumer Price Index for Urban Consumers (CPI-U) released for February puts the year-over-year inflation rate at 3.15%. The latest reading keeps inflation below the 3.74% average since the end of the Second World War for the 9th straight month. However, inflation remains above the 10-year moving average which is now at 2.77%.

75

75

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

Wealth Management

MARCH 12, 2024

Understanding the activity of your peers will help you become a smarter advisor and a better steward for your clients.

Recruitment 107

Recruitment Clients 107

Calculated Risk

MARCH 12, 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 0.4% in February. 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".

Food 75

Food Banking 75

Wealth Management

MARCH 12, 2024

The asset manager submitted plans for the Grayscale Bitcoin Mini Trust, which would be physically backed by the cryptocurrency and trade under the ticker ‘BTC.

Planning 86

Planning Assets Management 86

The Irrelevant Investor

MARCH 12, 2024

I have a lot to say in this post, but I don’t want to bury the lede – Ritholtz Wealth Management is coming to Los Angeles on April 29th to meet with clients and prospective clients who want to learn about what it’s like to work with an RWM financial planner. We’ll also be meeting advisors who want to learn about what it’s like to join the firm.

Financial Planner 80

Financial Planner Wealth Management Clients Management 80

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

Wealth Management

MARCH 12, 2024

The AI-enabled Savvy Wealth platform added Fidelity alongside Schwab in little more than a month.

111

111

Advisor Perspectives

MARCH 12, 2024

In this episode, we will be talking about how to use social listening to inform your content marketing strategy and for lead generation. We will cover what social listening is and why LinkedIn is a gold mine for your practice. You'll walk away with data insights, specific recommendations to engage with prospects and a social media tool kit you can apply today.

Media 69

Media Marketing Marketing 69

Wealth Management

MARCH 12, 2024

Adding unique exposures is the most efficient and prudent way to reduce left tail risk.

108

108

Advisor Perspectives

MARCH 12, 2024

Headline inflation heated up in February while core inflation cooled. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 3.2% year-over-year while core CPI dropped to 3.8%. Both readings came in higher than their respective forecasts.

64

64

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

Calculated Risk

MARCH 12, 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.

58

58

Advisor Perspectives

MARCH 12, 2024

The headline number for the NFIB Small Business Optimism Index fell to 89.4 in February, as inflation continues to be a challenge for small business owners. The latest reading was worse than the forecast of 90.5 and marked the 26th straight month the index has been below the series average of 98.0.

Numbers 64

Numbers 64

Calculated Risk

MARCH 12, 2024

The BLS reported 275 thousand non-farm jobs were added in February. During the Winter months, I like to look at the weather impact on the report. The BLS reported 243 thousand people were employed in non-agriculture industries, with a job, but not at work due to bad weather. The average for February over the previous 10 years was 368 thousand (median 272 thousand), so fewer people than normal were impacted by bad weather.

55

55