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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Taxes Portfolio Management Investing 330

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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Retirement Budgeting Insurance Management 243

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.

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Marketing Marketing 130

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.

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Economy Economics Marketing Marketing 139

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Accounting

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.

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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.

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Retail Sales Food 98

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.

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Management 95

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.

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Valuation Sales CFP Investing 78

Wealth Management

AUGUST 17, 2022

Right before advisor Larry Sprung was set to break away and launch his own firm, his brother-in-law, who had suffered from bipolar disorder, died by suicide. Now mental health awareness and suicide prevention are a major part of his life’s work.

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Banking

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.

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Manufacturing Numbers Marketing Marketing 77

Wealth Management

AUGUST 17, 2022

While most advisor advocacy organizations support the intention of the rule, some want to see a "materiality" standard incorporated into the requirements.

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Clients 94

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 […].

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Compliance Government 68

Wealth Management

AUGUST 17, 2022

These funds saw the most money leave them over the past 30 days.

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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

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.

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Economics Numbers Economy Marketing 59

Wealth Management

AUGUST 17, 2022

The latest battle for the slain rapper's contentious estate is over album cover art and NFTs.

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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

Marketing 57

Marketing Marketing 57

Wealth Management

AUGUST 17, 2022

NAPFA Board begins search for CEO to replace Geoffrey Brown, who will step down Nov. 15.

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Planning 90

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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

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 […].

Investing 55

Investing Investments Marketing Marketing 55

Wealth Management

AUGUST 17, 2022

Tax Court rules that they must be included in decedent’s estate.

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Taxes 97

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.

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Risk Tolerance Certification Financial Planning Investing 52

Wealth Management

AUGUST 17, 2022

Each of the 4,703 claims filed related to the deadly hurricane was met with a letter of denial signed by city Comptroller Brad Lander

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Management

Calculated Risk

AUGUST 17, 2022

Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 265 thousand up from 262 thousand last week. • Also at 8:30 AM, the Philly Fed manufacturing survey for August. The consensus is for a reading of -5.0, up from -12.3. • At 10:00 AM, Existing Home Sales for July from the National Association of Realtors (NAR).

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Sales Manufacturing 52

Wealth Management

AUGUST 17, 2022

Open, honest and candid discussions about the latest news in the RPA industry.

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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.

Wealth Management 52

Wealth Management Management 52

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.

Distribution 57

Distribution Investment Advisor Investing Investments 57

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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

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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Wealth Accumulation Financial Advisor Insurance Consulting 52

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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Accounting Assets Investing Investments 52

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.

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Clients Assets Financial Planning Management 204