Abnormal Returns

APRIL 1, 2024

Markets How major asset classes performed in March 2024. (capitalspectator.com) There has been a fair amount of equity return dispersion, YTD. (mrzepczynski.blogspot.com) Strategy Why U.S. equity outperformance looks obvious in hindsight. (behaviouralinvestment.com) International diversification is no panacea, but what's the alternative? (morningstar.com) Finance Capital One ($COF) is going to struggle to get regulatory approval to acquire Discover Financial ($DFS).

Assets 201

Assets Financial Advising Wealth Management Engineering 201

Nerd's Eye View

APRIL 1, 2024

Welcome to the April 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news of an emerging wave of price increases from long-term AdvisorTech vendors like Orion and InvestCloud, which the companies are positioning as a necessary response to the impact of inflation on their underlyi

Estate Planning 166

Estate Planning Financial Advisor Startup Clients 166

Abnormal Returns

APRIL 1, 2024

Podcasts Kevin Thompson, CEO of 9i Capital Group LLC, discusses the RIA industry's impact on advisors' autonomy with Josh Brown, CEO of Ritholtz Wealth Management. (youtube.com) Christine Benz and Amy Arnott talk with Peter Mallouk, President and CEO of Creative Planning, about the 'messy' business of financial advice. (morningstar.com) Thomas Kopelman and Jacob Turner talk with Ankur Nagpal about tax considerations when selling a business.

Wealth Management 191

Wealth Management Math Financial Advising Retirement 191

Calculated Risk

APRIL 1, 2024

From the Census Bureau reported that overall construction spending increased: Construction spending during February 2024 was estimated at a seasonally adjusted annual rate of $2,091.5 billion, 0.3 percent below the revised January estimate of $2,096.9 billion. The February figure is 10.7 percent above the February 2023 estimate of $1,889.6 billion emphasis added Private spending was unchanged and public spending decreased: Spending on private construction was at a seasonally adjusted annual rate

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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

Advisor Perspectives

APRIL 1, 2024

Implementing the TIPS ladder is clunky, so I challenged the fund industry to simplify and improve with a TIPS ladder Fund. Stone Ridge Asset Management has done just that with its new LifeX Inflation Protected mutual funds.

Assets 116

Assets Management 116

Advisor Perspectives

APRIL 1, 2024

Personal income ( excluding transfer receipts ) rose 0.2% in February and is up 5.0% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was down 0.1% month-over-month and 2.4% year-over-year.

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Wealth Management

APRIL 1, 2024

Ahluwalia, an executive at Hightower's private equity investor Thomas H. Lee Partners, will serve as president, while Bob Oros continues in his role as chairman and CEO of the company.

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Advisor Perspectives

APRIL 1, 2024

When it comes to the private real estate sector, the mention of the U.S. commercial office sector scares many investors away. While the office sector may give some investors pause, it's also prudent to look at the bigger picture.

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Alpha Architect

APRIL 1, 2024

While there is literature that describes the "domain" of artificial intelligence, there are very few, if any that analyze the valuation and pricing of AI stocks. The authors attempt to fill the void with a two part methodology. Valuing Artificial Intelligence (AI) Stocks was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Valuation 107

Valuation 107

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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

Carson Wealth

APRIL 1, 2024

DON’T FEAR A STRONG START TO THE YEAR It’s April 1, and the first quarter of 2024 is in the books. On the heels of more than 25% in total return for 2023, the S&P 500 returned more than 10% in the first quarter. The logical question is: How much is too much? Looking at the numbers, more good news could be in store for the bulls. 2024 is off to a strong start.

Marketing 97

Marketing Marketing Economy Economics 97

XY Planning Network

APRIL 1, 2024

We're excited to share another member story from our "How I Did It" series. Deciding to take the leap to start your own financial planning firm can be very scary. And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I manage compliance?

Compliance 94

Compliance Financial Planning Planning Management 94

Wealth Management

APRIL 1, 2024

Transitioning away from a structured schedule with inherent social networks after 40+ years is traumatic.

Retirement 122

Retirement 122

Advisor Perspectives

APRIL 1, 2024

Bond traders priced in less monetary policy easing by the Federal Reserve this year — and briefly set the odds of a first move in June to less than 50% — after a gauge of US manufacturing activity showed expansion for the first time since 2022.

Manufacturing 105

Manufacturing 105

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

APRIL 1, 2024

AlTi Global does 1st deal after taking on growth-minded investment partners Constellation Wealth Capital and Allianz.

Investing 113

Investing Investments 113

Calculated Risk

APRIL 1, 2024

Today, in the Real Estate Newsletter: ICE Mortgage Monitor: The Impact of "Golden-Handcuffs" on Mortgage Payments Brief excerpt: Press Release: ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment • From 2000 to 2022, upgrading to a 25% more expensive home would have required the average homeowner to increase their principal and interest payment by roughly 40%, or about $400 per month • Today, that same trade-up buyer’s paymen

Marketing 102

Marketing Marketing 102

Wealth Management

APRIL 1, 2024

Michael Woocher left AllianceBernstein’s private wealth unit after nine years to become chief advisory officer for HB.

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Advisor Perspectives

APRIL 1, 2024

The March S&P Global US Manufacturing PMI™ inched down to 51.9 from 52.2 in February, signaling further expansion in the sector although less pronounced. The latest reading was lower than the forecasted reading of 52.5.

Manufacturing 69

Manufacturing 69

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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

Wealth Management

APRIL 1, 2024

AlTi Global does 1st deal after taking on growth-minded investment partners Constellation Wealth Capital and Allianz.

Investing 111

Investing Investments 111

Advisor Perspectives

APRIL 1, 2024

The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) rose to 50.3 in March from 47.8 in February. The latest figure marks the first month the index has expanded in 17 months. The March reading was above the forecast of 49.8.

Manufacturing 69

Manufacturing Management 69

Wealth Management

APRIL 1, 2024

The acquisition of Wilbanks Smith and Thomas in Norfolk, Va., brings Clearstead to $20 billion under management.

Management 108

Management 108

Calculated Risk

APRIL 1, 2024

From Matthew Graham at Mortgage News Daily: Mortgage Rates Sharply Higher to Start The Month March ended with a streak of some of the flattest day-over-day changes in mortgage rates on record. It was all but certain that the new week/month would bring a change to that sideways trend, but the reality [w]as immediate and abrupt. [ 30 year fixed 7.05% ] emphasis added Tuesday: • At 8:00 AM ET, Corelogic House Price index for February. • At 10:00 AM, Job Openings and Labor Turnover Survey for Februa

Sales 66

Sales 66

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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

APRIL 1, 2024

Indianapolis-based Mindset Wealth Management is the latest to join the $12.5 billion service platform.

Wealth Management 111

Wealth Management Management 111

Advisor Perspectives

APRIL 1, 2024

The BEA's Personal Income and Outlays report revealed inflation continued to cool in February. Core PCE, the Fed's favored measure of inflation, was up 0.3% from January and slowed to 2.8% year-over-year, the lowest reading since March 2021 and one step closer to the Fed's 2% target rate.

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Wealth Management

APRIL 1, 2024

Reno Tahoe Wealth Management made the move to support its long-term growth goals.

Wealth Management 110

Wealth Management Management 110

Advisor Perspectives

APRIL 1, 2024

With the release of February's report on personal incomes and outlays, we can now take a closer look at "real" disposable personal income per capita. At two decimal places, the nominal 0.21% month-over-month change in disposable income comes to -0.12% when we adjust for inflation. The year-over-year metrics are 3.60% nominal and 1.12% real.

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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

Wealth Management

APRIL 1, 2024

Inattentive use of these products risks exposing clients to losses and missed returns.

Clients 107

Clients 107

Trade Brains

APRIL 1, 2024

As the curtains draw on the financial year 2023/24, the stock market indices have exceeded expectations, with the Sensex and Nifty boasting robust gains. The Sensex surged by 28.6%, while the Nifty experienced a notable climb of 24.8%, outstripping the performance of many other major indices. Notably, the Nifty mid and smallcap indices emerged as the frontrunners in terms of gains.

Banking 64

Banking Marketing Marketing 64

Wealth Management

APRIL 1, 2024

The pitfalls for the unwary are myriad and often costly.

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