The Big Picture

JULY 5, 2023

This morning, the WSJ reported that “Consumers expect to see 4.1% inflation a year from now, the lowest such reading in two years and down sharply from its recent peak of 6.8%.” There are some who believe this is good news, but as we pointed out in May , it’s a meaningless, lagging survey. In fact, it may be even worse than that, because it appears that some at the Federal Reserve actually believe the Fed’s own survey of consumers contains information.

Economy 294

Economy Economics Investing Investments 294

Nerd's Eye View

JULY 5, 2023

As the U.S. stock market has, on average, outperformed international equities over the last 15 years since emerging from the Great Recession of 2008, many investors argue that international diversification is a poor allocation of dollars that would otherwise be earning more in the U.S. market. The outperformance of U.S. stocks has led to the favoritism of ‘local’ investments over international ones through behavioral biases (e.g., recency bias and the tendency to confuse the familiar

Valuation 228

Valuation Economics Portfolio Investing 228

Abnormal Returns

JULY 5, 2023

Podcasts Ben Carlson and Michael Batnick talk credit card points with Chris Hutchins, Host of All The Hacks Podcast. (theirrelevantinvestor.com) Chris Alacron talks with Jonathan Clements author of “My Money Journey: How 30 People Found Financial Freedom and You Can Too.” (financiallywelloff.com) Peter Mallouk and Jonathan Clements on the key ingredients of a good retirement.

Estate Planning 228

Estate Planning Retirement Planning Numbers 228

Wealth Management

JULY 5, 2023

Advisors who said they don't have enough time with their clients spend an average 41% more time every month than peers on compliance, administrative and other “non-value-added” tasks, according to a new J.D. Power survey.

Compliance 120

Compliance Clients 120

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

Abnormal Returns

JULY 5, 2023

Markets It's not just the U.S. stock market that is rallying YTD. (ft.com) Bitcoin and Ethereum are at 52-week highs. (allstarcharts.com) Strategy Six signs to help you avoid 'value traps.' (blog.validea.com) These two quality financials trade at 10-11x earnings. (brklyninvestor.com) Finance If ESG investing can be restricted, then so can religious-focused funds.

Financial Advising 181

Financial Advising Manufacturing Media Economy 181

Advisor Perspectives

JULY 5, 2023

Work from home benefits the employer and the employee. But society may be better off if we all show up in the office.

126

126

Calculated Risk

JULY 5, 2023

Wards Auto released their estimate of light vehicle sales for June: U.S. Light-Vehicle Sales End First-Half 2023 on Solid Note as June, Q2 Record Double-Digit Growth (pay site). With second-quarter results finishing 18% above the same period last year, first-half 2023 volume totaled 7.66 million units, a 13% increase on January-June 2022. Sales are forecast to rise 11% year-over-year to 7.72 million units in the second half, and Wards Intelligence partner GlobalData is pegging entire-2023 at 15.

Sales 98

Sales Marketing Marketing 98

NAIFA Advisor Today

JULY 5, 2023

Two weeks ago, I had the privilege of spending time with Nick Bowman, CFP, MS, CEP , in New York City at the Insurtech Insights Conference. Previously associated with Lion Street as an Advanced Sales Professional, Nick now serves as the CEO of Motif Insurance, a company that is revolutionizing the future of in-force life insurance. Motif's primary objective is to empower advisors in managing their portfolios by harnessing the potential of data.

Insurance 98

Insurance Management CFP Sales 98

Wealth Management

JULY 5, 2023

Fundamentals within the multifamily sector remain strong although rising debt costs have depressed values and sale volume, according to the latest Yardi Matrix data. Despite the dreary headlines for the sector, some investors see opportunities. These are among the must reads from around the real estate investment world.

Sales 98

Sales Investing Investments 98

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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

Advisor Perspectives

JULY 5, 2023

Here's an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation? The purchasing power of your investment has increased to $13,964 for an annualized real return of 6.70%.

Economics 98

Economics Investing Investments Marketing 98

Trade Brains

JULY 5, 2023

Best Dividend Stocks Under Rs 200 : Investor has any one of the motives while investing in an asset, it is either capital appreciation or a way of earning a passive income from the asset you have invested in. Those who look for a passive source of income can invest in stocks can that pay dividends. While there are numerous dividend-paying stocks available, this article focuses specifically on the best dividend stocks under Rs 200.

Engineering 96

Engineering Manufacturing Assets Marketing 96

Advisor Perspectives

JULY 5, 2023

Bitcoin crossed $31,000 during this past week and is now up ~84% year to date. Here's the latest charts on three of the largest cryptocurrencies by market share through 7/4.

Marketing 98

Marketing Marketing 98

Wealth Management

JULY 5, 2023

The membership organization for fee-only advisors will now allow for a de minimis amount of commission business, as long as it's relinquished.

Commission 101

Commission Fee Only 101

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

Advisor Perspectives

JULY 5, 2023

Advances in artificial intelligence (AI) continue at a furious pace. Here’s what my clients want to know.

Clients 117

Clients 117

Wealth Management

JULY 5, 2023

Healthcare providers’ preference for retail spaces has put them in competition with bricks-and-mortar retailers, triggering a race for premium retail spaces.

Healthcare 98

Healthcare Retail 98

NAIFA Advisor Today

JULY 5, 2023

Harry Hoopis is an entrepreneur and industry leader in the insurance and financial services space who has built a successful firm based in Chicago, IL. He speaks, teaches, and inspires executives, advisors, and front-line salespeople — providing the systems, methods, efficiencies, and confidence needed to excel in the industry. He is the author of the best-selling book, The Road to the Bountiful Life , and recipient of NAIFA's prestigious John Newton Russell Memorial Award.

Insurance 90

Insurance Financial Advisor Financial Services 90

Wealth Management

JULY 5, 2023

Doug Fritz, F2 Strategy's co-founder and CEO, provides his take on the most important wealthtech news of the last month.

101

101

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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

Good Financial Cents

JULY 5, 2023

Life insurance policies are critical financial planning tools designed to provide financial security for policyholders’ beneficiaries upon their demise. They work by offering a lump-sum payment, known as a death benefit, to beneficiaries after the insured person’s death. But some life insurance policies offer an additional feature – the accumulation of cash value over time.

Insurance 76

Insurance Education Retirement Planning 76

Wealth Management

JULY 5, 2023

Institutional investors are holding commercial real estate target allocations flat, according to exclusive WMRE research.

102

102

Andrew Thrasher

JULY 5, 2023

One of the big questions of 2023 has been why small cap stocks have performed so poorly relative to the rest of the market.

Marketing 90

Marketing Marketing 90

Wealth Management

JULY 5, 2023

Cerity has acquired a New York City–based firm with experience serving private equity, hedge fund and venture capital partners.

98

98

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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

A Wealth of Common Sense

JULY 5, 2023

Today’s Animal Spirits is brought to you by Future Proof: See here for more information on the Future Proof Fintech Demo. On today’s show, we discuss: Are Social Media Influencers Out Influencing Financial Advisors? Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes Home prices increase again in April, signaling a recovery Financial storm bears down on US commercial real estate Film a.

Financial Advisor 74

Financial Advisor Media Economy Banking 74

Advisor Perspectives

JULY 5, 2023

While much information is available about the technical aspects of avoiding bankruptcy and steps to take when filing for it, there isn’t much written about the emotional costs.

72

72

Wealth Management

JULY 5, 2023

Attorneys with clients who are transitioning need to keep apprised of current laws.

Clients 103

Clients 103

Calculated Risk

JULY 5, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM: The ADP Employment Report for June. This report is for private payrolls only (no government). The consensus is for 236,000 payroll jobs added in June, down from 278,000 in May. • At 8:30 AM: The initial weekly unemployment claims report will be released.

Government 52

Government 52

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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

JULY 5, 2023

The IRS found the organization spent much time devoted to social and networking activities.

Estate Planning 89

Estate Planning Taxes Planning 89

Calculated Risk

JULY 5, 2023

Today, in the Calculated Risk Real Estate Newsletter: Asking Rent Growth Flat Year-over-year A brief excerpt: Tracking rents is important for understanding the dynamics of the housing market. For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (See from September 2021: Household Formation Drives Housing Demand ).

Marketing 52

Marketing Marketing 52

Validea

JULY 5, 2023

By Jack Forehand, CFA, CFP® ( @practicalquant ) — Value traps are the bane of a value investor’s existence. We build our strategies around buying cheap companies and hoping the market will eventually see things the way we do. And sometimes it eventually does. But other times not only does it not eventually see things our way, things actually get much worse.

Assets 52

Assets CFP Management Valuation 52