Nerd's Eye View

APRIL 10, 2024

Financial advicers are intimately familiar with the phrase, "Past results are not indicative of future performance." Every document that considers the facts around any particular asset class will invariably include that disclaimer, but constructing a portfolio consisting of a mix of equities, fixed income, and other assets requires investors and advicers to make some fundamental assumptions around long-term expected returns and correlations between assets. 3 common assumptions that have driven a

Asset Allocation 237

Asset Allocation Wealth Accumulation Assets Portfolio 237

Abnormal Returns

APRIL 10, 2024

Podcasts Barry Ritholtz talks with Larry Swedroe about the importance of staying the course for investors. (ritholtz.com) Christine Benz and Amy Arnott talk with Victor Haghani, co-author of "The Missing Billionaires: A Guide to Better Financial Decisions." (morningstar.com) Dan Haylett talks with Eric Brotman, who is the founder and CEO of BFG Financial Advisors, about retirement as 'graduation.

Estate Planning 215

Estate Planning Retirement Planning Retirement Taxes 215

Calculated Risk

APRIL 10, 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, but has turned up recently, and is now up 4.8% YoY. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through March 2024.

Food 126

Food 126

Abnormal Returns

APRIL 10, 2024

Strategy How you implement a commodities allocation matters. (morningstar.com) Two things you probably don't need to worry about, including index concentration. (awealthofcommonsense.com) Closed-end funds have always been problematic. Now include the Destiny Tech 100 ($DXYZ) fund. (axios.com) IPOs Climate tech has an IPO problem. (semafor.com) Investors have waited a long time for the IPO window to reopen.

Financial Advising 210

Financial Advising Economy Media 210

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

The Irrelevant Investor

APRIL 10, 2024

I want to talk about the feelings we get when putting money to work at all-time highs. But first, a quick programming note. Two of the things I love the most are movies and business. Nobody talks about the intersection of my two favorite topics like Matt Belloni. I read him every week at Puck and listen to him every week on The Ringer’s The Town.

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Wealth Management

APRIL 10, 2024

Nine former advisors are suing United Capital over its attempts to move arbitration proceedings from FINRA to another venue, accusing the firm of “pure gamesmanship” and “forum shopping.

Sales 113

Sales 113

Calculated Risk

APRIL 10, 2024

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 5, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 0.1 percent on a seasonally adjusted basis from one week earlier.

Economy 114

Economy Marketing Marketing 114

Wealth Management

APRIL 10, 2024

After leaving Linscomb & Williams last year to launch an independent RIA that cuts clients in on profits, Harold Williams and his brother are being sued by the bank that bought their firm in 2012.

Clients 113

Clients Banking 113

Calculated Risk

APRIL 10, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-April 2024 A brief excerpt: This 2-part overview for mid-April provides a snapshot of the current housing market. I always like to start with inventory, since inventory usually tells the tale ! Here is a graph of new listing from Realtor.com’s March 2024 Monthly Housing Market Trends Report showing new listings were 15.5% year-over-year in March.

Marketing 111

Marketing Marketing Numbers 111

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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

APRIL 10, 2024

The Consumer Price Index for Urban Consumers (CPI-U) released for March puts the year-over-year inflation rate at 3.48%. The latest reading keeps inflation below the 3.74% average since the end of the Second World War for the 10th straight month. However, inflation remains above the 10-year moving average which is now at 2.79%.

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Calculated Risk

APRIL 10, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 225 thousand initial claims, up from 221 thousand last week. • Also at 8:30 AM, The Producer Price Index for March from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.3% increase in core PPI.

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Wealth Management

APRIL 10, 2024

The program has attracted significant inflows from individual investors looking for tax benefits. A contentious Congress might jeopardize its extension.

Taxes 113

Taxes 113

Calculated Risk

APRIL 10, 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 March. 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 103

Food Banking 103

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 10, 2024

Waverly Advisors has added three teams and almost $2.5 billion this year, while Fortis Capital picked up a Chicago practice helmed by a father/daughter team.

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Discipline Funds

APRIL 10, 2024

Well, I had a great time earlier this year as I was able to mock certain people for thinking we’d get a rate cut in March or April. But now it’s my turn to be mocked as my prediction of a June cut goes up in smoke. 1 Today’s hotter than expected CPI all but eliminates the odds of a June cut. And as I explained in our recent analysis the likelihood of cuts between July and October are slim because the election is too close and the pace of change is slower than can justify cuts b

Economy 97

Economy Budgeting Retail Marketing 97

Wealth Management

APRIL 10, 2024

With more than 25 years of experience developing advisory platforms, Del Col leaves Goldman Sachs to enhance services at the emerging industry player.

Wealth Management 111

Wealth Management Management 111

A Wealth of Common Sense

APRIL 10, 2024

Today’s Animal Spirits is brought to you by Pacer ETFs and Fabric by Gerber Life See here for more information on Pacer ETFs Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life See here for tickets to The Compound and Friends LIVE in Los Angeles On today’s show, we discuss: S&P 500 trackers hit a record 27% of 2023 equity ETF flows What’s wrong with the.

Insurance 83

Insurance Marketing Marketing 83

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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 10, 2024

Open, honest and candid discussion about March Job growth, advisor conflicts of interest, whether the 401(k) era is over and more.

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Clever Girl Finance

APRIL 10, 2024

When it comes to personal finance, one of the biggest conversations has always been about active vs passive income. Knowing about their differences and how to use them in your life will help you succeed with money and create a more stable financial situation. Keep reading to learn more! Table of contents What is active income? What is passive income?

Taxes 76

Taxes Education Assets Investing 76

Wealth Management

APRIL 10, 2024

Strategic Insights Financial Planning Group, a $500 million Texas team, is the second to join from Ameriprise this week.

Financial Planning 113

Financial Planning Planning 113

Advisor Perspectives

APRIL 10, 2024

Consumer prices rose more than expected in March as inflation heated up for a second straight month. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 3.5% year-over-year while core CPI remained at 3.8%. Both readings came in higher than their respective forecasts.

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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 10, 2024

The Investments & Wealth Institute has updated its CIMA certification curriculum and exam for the first time since 2019.

Certification 110

Certification Investing Investments 110

Calculated Risk

APRIL 10, 2024

From the Fed: Minutes of the Federal Open Market Committee, March 19–20, 2024. Excerpt: In their discussion of inflation, participants observed that significant progress had been made over the past year toward the Committee's 2 percent inflation objective even though the two most recent monthly readings on core and headline inflation had been firmer than expected.

Transportation 81

Transportation Food Economics Financial Market 81

Wealth Management

APRIL 10, 2024

Datos Insights' Will Trout explores the future of finance through data hygiene and personalized advice.

Wealth Management 113

Wealth Management Management 113

Advisor Perspectives

APRIL 10, 2024

I will explore practical strategies for advisors to focus on fostering deeper client relationships and leveraging new metrics for a more comprehensive understanding of their practice's impact and valuation.

Valuation 64

Valuation Clients 64

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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 10, 2024

The acquisition, Kovair, has a portfolio of products and tools for supporting application and data management.

Portfolio 112

Portfolio Management 112

Random Roger's Retirement Planning

APRIL 10, 2024

Allison Schrager wrote an article for Bloomberg last week that Wall Just Doesn't Get It On Retirement. I shared on Facebook noting that Schrager suggested better and cheaper annuity products and that given how undersaved we collectively are, it may come to more annuity products. Saying that people may be forced to try their luck on longevity pools does not mean I am now an annuity guy.

Portfolio 69

Portfolio Asset Allocation Retirement Taxes 69

Wealth Management

APRIL 10, 2024

Estate planners should have a role in the overall risk management aspect of a client’s planning.

Insurance 109

Insurance Risk Management Clients Planning 109