Nerd's Eye View

JANUARY 9, 2023

While it may be easy to assume that having more money would make a person happier by opening consumption opportunities unavailable to those with less income, experienced advisors can likely identify many examples of high-income individuals who are unhappy with their lives. To provide a more holistic view, researchers have sought to assess whether increased income leads to greater happiness on two dimensions: emotional wellbeing (how an individual feels today) and evaluative wellbeing (how an ind

Financial Advisor 201

Financial Advisor Numbers Marketing Marketing 201

Abnormal Returns

JANUARY 9, 2023

Markets There's no sign that options trading is slowing down. (wsj.com) The 10-year Treasury rates peaked back in the Fall. (axios.com) Finance Private equity managers are abusing their discretion when it comes to valuations. (institutionalinvestor.com) Goldman Sachs ($GS) is laying off thousands of workers this week. (thinkadvisor.com) Black founders in the U.S. raised about 1% of 2022 venture capital funding.

Financial Advising 185

Financial Advising Valuation Media Economy 185

The Big Picture

JANUARY 9, 2023

My back-to-work morning train WFH reads: • Economist Says His Indicator That Predicted Eight US Recessions Is Wrong This Year : Cambell Harvey’s work showed link between curve inversion and growth Strong labor demand, risk avoidance support US economy now. ( Bloomberg ). • Wall Street’s sleuth of bears is growing : Stocks kicked off the new year on a positive note, with the S&P 500 climbing 1.4% last week.

Economy 156

Economy Valuation Education Retail 156

Abnormal Returns

JANUARY 9, 2023

Podcasts Austin Crites and Matt Henry talk with Kerry Potter McCormick about the evolving regulatory landscape for investment firms and the implications for investment professionals. (open.spotify.com) Brendan Frazier talks with Dan Allison about the challenges of getting clients to provide successful referrals. (podcasts.apple.com) Envestnet Envestnet's ($ENV) activist investor, Impactive Capital, is turning up the heat with a slate of board nominees.

Clients 130

Clients Management Assets Investing 130

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Accounting

Wealth Management

JANUARY 9, 2023

Laying the foundation for an organization that will support the family and its legacy requires commitment to a process and regularly revisiting fundamental decisions.

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120

Wealth Management

JANUARY 9, 2023

An architect from Gensler has created an algorithm aimed at figuring out which offices make the most sense to convert to residential, reports Insider. Blackstone lost a rent dispute at Stuyvesant Town-Peter Cooper Village in New York, according to The New York Times. These are among today’s must reads from around the commercial real estate industry.

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Trade Brains

JANUARY 9, 2023

debt free penny stocks under Rs 50: Investors are always on the lookout for penny stocks in the hope of multi-bagger gains. However, as much as the potential upside, a wise investor also protects her downside. One way to protect the downside is to go for debt-free stocks which will not go bust if earnings evaporate for a few quarters. In this article, we present you such top debt free penny stocks under Rs 50.

Investing 101

Investing Investments Manufacturing Engineering 101

Wealth Management

JANUARY 9, 2023

Though the pace of rental increases has slowed, rents remain higher than before the pandemic while assistance programs are drying up, reports FiveThirtyEight. Apple has begun construction phase 2 of its $1 billion campus in Austin, Texas. These are among today’s must reads from around the commercial real estate industry.

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Calculated Risk

JANUARY 9, 2023

From Manheim Consulting today: Wholesale Used-Vehicle Prices Increase in December Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) increased 0.8% in December from November. The Manheim Used Vehicle Value Index (MUVVI) rose to 219.3, down 14.9% from a year ago. This was the largest annualized decline in the series’ history.

Consulting 98

Consulting Sales 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

Wealth Management

JANUARY 9, 2023

We asked dozens of advisors to share the creative questions they have found to be most successful in turning inquiries into insights and conversations into relationships.

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NAIFA Advisor Today

JANUARY 9, 2023

When Refine Wealth Strategies founders David J. Klein, CFP, CLU, ChFC, RICP ; Brian Kelly, CLU, ChFC, RICP, CASL ; and Larwin W. Kauffman CFP, CLU, ChFC , met in the early 2000s, they didn’t anticipate starting a business together. Fortunately, fate intervened—with a bit of help from 41-year NAIFA member Terry McTigue, CLU, ChFC , who recruited all three to Northwestern Mutual.

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Recruitment CFP 98

Wealth Management

JANUARY 9, 2023

Higher interest rates and a potential recession may already be priced into REIT stocks and strong balance sheets have them positioned to weather any coming storms.

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Financial Symmetry

JANUARY 9, 2023

It is a New Year and time to give your finances a personal checkup! See the list of items below that should be done at the beginning of each year: 1. Set Financial Goals or Create A Financial Plan It … Continued. The post Be Sure to Check Your Financial Vital Signs in 2023, ep #181 appeared first on Financial Symmetry, Inc.

Financial Planning 97

Financial Planning Planning 97

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

JANUARY 9, 2023

For an indication of how severe an economic downturn will be, look to household debt levels more than corporate debt, according to researchers. In the current environment, that gives some reason for optimism.

Economics 104

Economics 104

Integrity Financial Planning

JANUARY 9, 2023

The 2022 economic climate has been bumpy for most and, in some cases, even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation and interest rates. As the year ends, it’s important to understand how these economic factors may have affected your finances as a retiree.

Accounting 97

Accounting Retirement Economics Financial Planning 97

Wealth Management

JANUARY 9, 2023

After hitting double-digits in the first part of 2022, the pace of annual rent growth slowed to 6 percent in December.

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Covisum

JANUARY 9, 2023

Updated Legislation Means More Changes That Advisors Need To Know. The SECURE Act 2.0 is significant legislation signed into law on December 20, 2022, and is expected to have several impacts on retirement income planning. It contains several provisions designed to improve Americans' retirement security, including later required minimum distributions (RMDs), 529-to-Roth rollovers, and other tax planning opportunities.

Retirement 93

Retirement Planning Tax Planning Distribution 93

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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

Calculated Risk

JANUARY 9, 2023

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. In 2022, U.S. railroads originated 11.98 million total carloads, down 0.3% (34,001 carloads) from 2021 and up 6.2% (697,444 carloads) over 2020. Since 1988, when our U.S. rail data begin, only 2020 had fewer total carloads than 2022. emphasis added Click on graph for larger image.

Accounting 93

Accounting 93

Wealth Management

JANUARY 9, 2023

Natural gas stoves, which are used in about 40% of homes in the US, emit air pollutants such as nitrogen dioxide, carbon monoxide and fine particulate matter.

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Clever Girl Finance

JANUARY 9, 2023

Curious about how having an accountability partner works? When you look at the entirety of human history, one thread weaves its way through everything: humans are most successful when we’re working together in groups. We aren’t meant to be working towards goals and struggling through our journeys alone, or even worse, pitted against one another. Instead, the ideal scenario for human success is to have a person (or multiple people) who are on our path with us, such as an accountability partner.

Accounting 86

Accounting Communication Investing Investments 86

Advisor Perspectives

JANUARY 9, 2023

Consumption smoothing, the idea that individuals should budget to match savings and spending over their lifetimes, has been the subject of vast academic research. But a new study challenges basic assumptions, and illustrates the divergence between financial theory and practical experience.

Budgeting 92

Budgeting 92

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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

JANUARY 9, 2023

And almost one in six buy-to-let loans are floating deals, meaning payments are already rising as the Bank of England increases rates.

Banking 94

Banking 94

SEI

JANUARY 9, 2023

Most equity markets finished in positive territory during the fourth quarter of 2022, trimming their losses for the full calendar year.

Banking 90

Banking Marketing Marketing 90

Wealth Management

JANUARY 9, 2023

Pruzan, the public face of the firm the investors and analysts, is leaving at the end of the month after 28 years at Morgan Stanley.

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A Wealth of Common Sense

JANUARY 9, 2023

On today’s show, we are joined by Rodney Comegys, Head of Vanguards Equity Investment Group to discuss index fund investing with Vanguard. See here for more information and research on investing with Vanguard On today’s show, we discuss: Rodney’s background What it’s like to work at Vanguard The back-office work involved in low-cost indexing Debunking misconceptions about indexing Price discovery and.

Investing 77

Investing Investments 77

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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

JANUARY 9, 2023

RentCafe looks at U.S. markets that have benefited the most from new apartment construction over the past decade.

Marketing 97

Marketing Marketing 97

Advisor Perspectives

JANUARY 9, 2023

For most of the past year, investment risk in the housing market has been focused on the for-sale segment.

Sales 97

Sales Investing Investments Marketing 97

Wealth Management

JANUARY 9, 2023

Michael Tiedemann is hunting further deals after creating one of the largest publicly traded money managers catering to the super-rich.

Management 85

Management 85