The Big Picture
JANUARY 24, 2023
The transcript from this week’s, MiB: Steven Klinsky, New Mountain Capital , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.
Nerd's Eye View
JANUARY 24, 2023
Welcome back to the 317th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jennifer Climo. Jennifer is the CEO and a Senior Advisor for Milestone Financial Planning, an independent RIA based in Bedford, New Hampshire, that oversees $360 million in assets under management for 225 client households. What's unique about Jennifer, though, is how, after more than a decade of building her own successful solo practice, she intentionally decided to merge her practice wit
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The Reformed Broker
JANUARY 24, 2023
Final Trades: Live Nation, Chevron, Citigroup and more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Abnormal Returns
JANUARY 24, 2023
Markets We are in the strongest part of the Presidential election cycle. (allstarcharts.com) Why value stocks can outperform for a while. (mailchi.mp) Strategy Don't let any investment become your identity. (youngmoney.co) Why it's so hard not to tinker with your investment process. (behaviouralinvestment.com) Companies The DOJ has filed suit against Google ($GOOGL) over online advertising.
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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.
The Reformed Broker
JANUARY 24, 2023
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►MSFT Earnings – “Microsoft’s Earnings Are Coming. 2 Major Issues Hang Over the Stock.” ►Is the Bear Market Over? – “The current bear has now reached the depth and duration of a normal no.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
The Big Picture
JANUARY 24, 2023
My Two-for-Tuesday morning train WFH reads: • The Fiscal Arsonists : Please stop playing weird political games with the U.S. fiscal system. ( Noahpinion ) see also Janet Yellen Dismisses Minting $1 Trillion Coin to Avoid Default : Treasury Secretary says the Federal Reserve would likely not agree to such a scheme. ( Wall Street Journal ) • Stocks usually recover before earnings do : Last summer, when stocks first reached bear market territory, pundits everywhere said analysts needed to slash ear
Pragmatic Capitalism
JANUARY 24, 2023
1) The Competition for Worst Ideology is Heating Up There’s a battle of bad ideologies going on around the debt ceiling debate.
The Irrelevant Investor
JANUARY 24, 2023
Today’s Animal Spirits is brought to you by YCharts: Enter your information here to get 20% off YCharts (new clients only) On today’s show, we discuss: The narrative vortex December 2022 retail sales Auto market weekly summary: January 13 Tesla’s price cuts are roiling the car market Over 5M new US startups show Covid-era boom has legs Google laid off high performers and earners while largely sparing ̵.
Nationwide Financial
JANUARY 24, 2023
After a decade of muted price gains, inflation fears have cropped up again as the costs of many goods and services have spiked this year. The ongoing pandemic has played a leading role in the jump in inflation as lingering COVID-induced supply chain disruptions have made it difficult to find some items while driving up consumer prices. Predicting future inflation can be difficult as current readings only reflect where prices have been trending rather than where they are headed.
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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.
Wealth Management
JANUARY 24, 2023
What's driving RIA valuations? These factors are what smart buyers look for, and smart sellers keep in mind at all times, says Dynasty's CEO.
A Wealth of Common Sense
JANUARY 24, 2023
One of the strange things about growing older is you begin to realize how much your place in life determines your taste in entertainment. There are movies and TV shows that stand the test of time but there are also many that hold a special place in your heart simply because you watched them at a certain age. There are movies that I loved as a little kid that I probably wouldn’t relate to as much today.
Wealth Management
JANUARY 24, 2023
It may be time for wealth management firms to adjust fees, take that crypto course and hire a junior advisor, according to a new Fidelity report.
Advisor Perspectives
JANUARY 24, 2023
Two major issues clients should consider in creating their own long-term care plan are where they will live and how they will pay for the care they are likely to need.
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.
Wealth Management
JANUARY 24, 2023
The head of the Thundering Herd talks about the brokerage’s relationship with Bank of America, advisor attrition, recruiting and whether the firm will ever add an independent channel.
Brown Advisory
JANUARY 24, 2023
(High-Quality) Stocks for the Long Run? mhannan Tue, 01/24/2023 - 17:28 Download the Report We are excited to share a new publication that aims to shed light on one of the core investment themes at Brown Advisory: investing in high-quality equities. Investing in quality is a frequently-mentioned theme and (High-Quality) Stocks for the Long Run by Sidney Ahl, Eric Gordon and Brandon Parrish aims to unpack what we mean by quality stocks and why we believe they are an appropriate core allocation
Trade Brains
JANUARY 24, 2023
Fundamental Analysis of Suzlon Energy: Suzlon Energy may as well be one of the most talked about companies. An industry leader, it is not the only positive news that keeps it in the headlines. It is also heavy losses, piling debt, and whatnot. What makes it so attractive that investors want to own it despite its problems? Let us find out by performing a fundamental analysis of Suzlon Energy.
Advisor Perspectives
JANUARY 24, 2023
The popping of the bubble in US stocks is far from over and investors shouldn’t get too excited about a strong start to the year for the market, warns Jeremy Grantham, the co-founder and long-term investment strategist of GMO.
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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.
MarketWatch
JANUARY 24, 2023
Shares of Intuitive Surgical Inc. ISRG dropped more than 10% in the extended session Tuesday after the maker of surgical robotic systems reported fourth-quarter results slightly below Wall Street expectations and said it placed fewer of its devices during the quarter. Intuitive earned $325 million, or 91 cents a share, compared with $381 million, or $1.04 a share, in the fourth quarter of 2021.
Wealth Management
JANUARY 24, 2023
Propmodo draws attention to growing withdrawal requests from open-end diversified core equity funds. Dollar General to start operating mobile health clinics, reports Chain Store Age. These are among today’s must reads from around the commercial real estate industry.
Calculated Risk
JANUARY 24, 2023
From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were higher in December in 7 states, lower in 5 states, and stable in 38 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Thirty-five states and the District had jobless rate decreases from a year earlier, 4 states had increases, and 11 states had little change.
Million Dollar Round Table (MDRT)
JANUARY 24, 2023
By Thomas F. Levasseur, CLU, MS Ed. I’ve been an MDRT member for more than 30 years. During that time, I’ve served on numerous committees and task forces where I got to rub elbows with great leaders. From those experiences, I’ve found that an important part of life is seeking to serve, not to shine. The desire to shine can cause you to get in your own way.
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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!
Wealth Management
JANUARY 24, 2023
One piece of legislation that provides a wide range of benefits for new and existing investors as well as ample opportunities for financial advisors.
Advisor Perspectives
JANUARY 24, 2023
Paying down student debt or saving for retirement can seem like mutually exclusive goals. A little-known workplace benefit could soon allow more workers to do both.
Wealth Management
JANUARY 24, 2023
More clients want it than you might think, and it need not be as hard as it seems.
eMoney Advisor
JANUARY 24, 2023
A financial plan should be an accurate reflection of a client’s truest vision for their future. It’s easier said than done. Creating a financial plan that maps closely to a client’s values and goals requires quite a bit of work—mostly in getting to the heart of what really matters to them. To this end, in my opinion, there are a few things the financial planning industry needs to work on: presentation, personalization, and goal setting.
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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.
Wealth Management
JANUARY 24, 2023
Zephyr Market Strategist Ryan Nauman looks at some of the noteworthy market dynamics that played out during the tumultuous 2022.
Advisor Perspectives
JANUARY 24, 2023
As of January 23, the price of regular and premium gas were up 11 and 9 cents each, respectively, from the previous week. According to GasBuddy.com, Hawaii has the highest average price for regular at $4.94 and Texas has the cheapest at $3.05. The WTIC end-of-day spot price for crude oil closed at $81.62 and is up 1.8% from last week.
Wealth Management
JANUARY 24, 2023
Exclusive WMRE research shows that owners of office buildings do not see positive prospects for occupancy or rental growth.
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