Calculated Risk
AUGUST 17, 2022
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 12, 2022. The Refinance Index decreased 5 percent from the previous week and was 82 percent lower than the same week one year ago.
The Big Picture
AUGUST 17, 2022
Yesterday I spent some time with Eric Balchunas recording a Masters in Business podcast. Balchunas is Senior ETF Analyst for Bloomberg Intelligence and the author of “ The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions.”. It’s a fun conversation I’m sure everybody will enjoy. There are parts of our discussion I thought were obvious, but he convinced me as underappreciated: First and foremost, the intense disruption of low-c
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Wealth Management
AUGUST 17, 2022
The only trend that appears to be undisputable in the return to office story is that there’s no one overarching trend.
Abnormal Returns
AUGUST 17, 2022
Podcasts Christine Benz and Jeff Ptak talk with Joe Saul-Sehy co-author of a new book "Stacked: Your Super-Serious Guide to Modern Money Management." (citywireusa.com) Demetri Kofinas talks with Vitaliy Katsenelson author of "Soul in the Game." (hiddenforces.io) Investing On the emotional advantage of caring less about your investments. (humbledollar.com) Thinking about money management as water management.
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Where are top advisors focusing in 2025? AcquireUp’s 2025 Industry Index reveals it all. Based on insights from 200+ financial professionals nationwide, discover why 74% say seminars and referrals deliver the best ROI, how automation is helping advisors scale faster, and why only 8% are tapping into niche marketing (a major growth opportunity!). Whether you're refining your client acquisition strategy or scaling your practice, this report gives you the real-world data, benchmarks, and action ste
Wealth Management
AUGUST 17, 2022
These funds saw the most money leave them over the past 30 days.
Nerd's Eye View
AUGUST 17, 2022
Registered Investment Advisers (RIAs) are generally required to enter into an advisory agreement with their clients prior to being hired for advisory services. And while there is no standard ‘template’ language applicable to all advisory agreements, there are a number of best practices that RIAs can follow in drafting and reviewing their agreements to ensure they can pass legal and regulatory muster.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Calculated Risk
AUGUST 17, 2022
On a monthly basis, retail sales were unchanged from June to July (seasonally adjusted), and sales were up 10.3 percent from July 2021. From the Census Bureau report : Advance estimates of U.S. retail and food services sales for July 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $682.8 billion, virtually unchanged from the previous month , but 10.3 percent above July 2021.
Wealth Management
AUGUST 17, 2022
The latest battle for the slain rapper's contentious estate is over album cover art and NFTs.
Nerd's Eye View
AUGUST 17, 2022
Registered Investment Advisers (RIAs) are generally required to enter into an advisory agreement with their clients prior to being hired for advisory services. And while there is no standard ‘template’ language applicable to all advisory agreements, there are a number of best practices that RIAs can follow in drafting and reviewing their agreements to ensure they can pass legal and regulatory muster.
Wealth Management
AUGUST 17, 2022
Freddie Mac says that 60 percent of residents it surveyed experienced rent hikes in the past year. Target aggressively managing its inventory to reduce excess stock during the second quarter, reports The Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
Calculated Risk
AUGUST 17, 2022
Today, in the Calculated Risk Real Estate Newsletter: 4th Look at Local Housing Markets in July, California Sales off 31%, July Forecast A brief excerpt: California Home Sales Down 31% in July, Prices Decline Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 295,460 in July, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. … July’s sales pace was down 14.4 perc
Wealth Management
AUGUST 17, 2022
NAPFA Board begins search for CEO to replace Geoffrey Brown, who will step down Nov. 15.
Calculated Risk
AUGUST 17, 2022
From the Fed: Minutes of the Federal Open Market Committee, July 26-27, 2022. Excerpt on housing and policy: Participants also observed that housing activity had weakened notably, reflecting the impact of higher mortgage interest rates and house prices on home affordability. Participants anticipated that this slowdown in housing activity would continue and also expected higher borrowing costs to lead to a slowing in other interest-sensitive household expenditures, such as purchases of durable go
Wealth Management
AUGUST 17, 2022
Open, honest and candid discussions about the latest news in the RPA industry.
Speaker: David Worrell, CFO, Author & Speaker
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
The Reformed Broker
AUGUST 17, 2022
Investors need to use down days and pullbacks as market entry points, says SoFi’s Liz Young from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.
Wealth Management
AUGUST 17, 2022
The investment will allow Signature Estate & Investment Advisors to move into the M&A space for the first time and expand distribution for its TAMP.
Abnormal Returns
AUGUST 17, 2022
Startups Why would a16z invest so much, so soon, in Adam Neumann's new thing? (newcomer.co) News is trickling out that more startup founder sold shares in 2021 when employees couldn't. (theinformation.com) SPACs SPAC issuance has ground to a halt. (wsj.com) Chamath Palihapitiya's SPAC empire is in retreat. (finance.yahoo.com) Airbnb Airbnb ($ABNB) and Vrbo are upending neighborhoods in areas that aren't vacation spots.
Wealth Management
AUGUST 17, 2022
The expansion will be focused in Charlotte, N.C.; Austin, Texas; and Nashville, Tenn., which CEO Greg Fleming called "clear growth centers.
Speaker: Erroll Amacker
Automation is transforming finance but without strong financial oversight it can introduce more risk than reward. From missed discrepancies to strained vendor relationships, accounts payable automation needs a human touch to deliver lasting value. This session is your playbook to get automation right. We’ll explore how to balance speed with control, boost decision-making through human-machine collaboration, and unlock ROI with fewer errors, stronger fraud prevention, and smoother operations.
NAIFA Advisor Today
AUGUST 17, 2022
NAIFA’s) Leadership in Life Institute (LILI) has received a 2022 Power of Associations Gold Award from ASAE, the Center for Association Leadership. The Power of Associations Awards honor “associations that go above and beyond their everyday mission to undertake initiatives that have far-reaching benefits important to their profession or industry.”.
Wealth Management
AUGUST 17, 2022
It remains next to impossible to say in real time which ones will last.
A Wealth of Common Sense
AUGUST 17, 2022
Today’s Animal Spirits is brought to you by YCharts: See here for YCharts Highlights, Lowlights, and insights from 1H 2022 On today’s show we discuss: AQRs New Rules of Diversification JPMs Guide to the Markets Is labor hoarding causing the low layoff numbers? Empire State manufacturing survey Is America’s job market too good? Insights into the inflation print Disney inflation Home price correction by geog.
Wealth Management
AUGUST 17, 2022
The Oslo-based fund, the world’s biggest, lost 14.4 percent in the six months through June. At the same time, investments in logistics property helped the fund’s unlisted real-estate holdings gain 7.1 percent, though they account for 3 percent of its assets.
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
Validea
AUGUST 17, 2022
By Jack Forehand, CFA, CFP® ( @practicalquant ) —. As a value investor, I have a weakness that I have struggled with my whole career: I really like buying things when they go down a lot. That can be a good thing when a stock is down for reasons that are not supported by the fundamentals. But it also can be a bad thing when the decline is justified. That is the dilemma I have been thinking a lot about with growth and technology stocks right now.
Norman Marks
AUGUST 17, 2022
A fact: most companies have included far too many IT General Controls (ITGC) in their scope for SOX. Why: because they have taken an approach to scoping ITGC that is disconnected from the top-down and risk-based approach used to identify key controls within business processes. The scoping of ITGC has resulted in including ITGC controls […].
Nationwide Financial
AUGUST 17, 2022
With the market rally gaining traction on the hope of peak inflation , the spread in yield between 2-year and 10-year U.S. Treasuries appears to think otherwise. Some recent positive economic news boosted bullish sentiment, primarily the July Consumer Price Index (CPI) reading. The headline inflation number showed CPI was flat in July, mainly due to falling gas prices.
Meb Faber Research
AUGUST 17, 2022
Episode #437: Edward Chancellor – Interest, Capitalism, & The Curse of Easy Money Guest: Edward Chancellor is a financial historian, journalist, and investment strategist. His newest book is titled The Price of Time: The Real Story of Interest. Date Recorded: 8/3/2022 | Run-Time: 1:03:11 Summary: In today’s episode, Edward walks through how interest, debt […].
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Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
Trade Brains
AUGUST 17, 2022
DLF land grab case is one of the many scams which has not seen a resolution even after a decade. What makes it unique is the involvement of several high-profile names. Bhupinder Singh Hooda, ex-chief minister of Haryana and Robert Vadra, brother-in-law of Rahul Gandhi and son-in-law of Sonia Gandhi were two such names. Real-estate major DLF Ltd. held the other end of the transaction.
Integrity Financial Planning
AUGUST 17, 2022
Is a fixed-rate annuity a wise investment choice? It all depends on your goals! Brian talks through when someone might choose to use this financial tool. To some, a fixed rate annuity is sounding like a good idea. When the money in your bank account isn’t earning any interest, fixed-rate annuities carry some appeal. Certificates of deposit used to be a popular tool for conservative savings, but now people are looking at other ways to invest conservatively.
SEI
AUGUST 17, 2022
Mergers & Acquisitions PDF. jmenet. Wed, 08/17/2022 - 16:08. View now. No Image or Icon. Explore the key facts and figures from the U.S. and U.K. (PDF). Merging Success: M&A in wealth management.
NAIFA Advisor Today
AUGUST 17, 2022
Chris Gandy is the Founder of Midwest Legacy Group LLC, a boutique concierge insurance group for executives, professional athletes, physicians, business owners, and entrepreneurs. It focuses on the client's interests in wealth accumulation, wealth preservation, retirement strategies, insurance, asset protection, and investments. Chris played professionally for the Chicago Bulls, the San Antonio Spurs, and in L'Hermaine, France, after playing for the Fighting Illini at the University of Illinois.
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