Calculated Risk
AUGUST 29, 2022
Here is another monthly update on framing lumber prices. This graph shows CME random length framing futures through August 29th. Lumber was at $511 per 1000 board feet this morning. This is down from the peak of $1,733, and up 5% from $485 a year ago. Prices are still up sharply from the pre-pandemic levels of around $400. Click on graph for larger image.
The Reformed Broker
AUGUST 29, 2022
Is this chart going up or down? It’s not a trick question. Just look at it and tell me what primary the trend is. You’d be amazed at how many financial advisors, insurance brokers acting as financial advisors, financial planners, wirehouse wealth managers, financial consultants and other assorted intermediaries in this business could not for the life of them look at this chart and give you a straight answer.
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Calculated Risk
AUGUST 29, 2022
Today, in the Calculated Risk Real Estate Newsletter: Pace of Rent Increases Continues to Slow A brief excerpt: Here is a graph of the year-over-year (YoY) change for these measures since January 2015. All of these measures are through July 2022 (Apartment List through August 2022). Note that new lease measures (Zillow, Apartment List) dipped early in the pandemic, whereas the BLS measures were steady.
The Reformed Broker
AUGUST 29, 2022
You don’t have to go checking to see all the other performances from last night’s Music Video Awards on MTV, you can just take my word for it – RHCP was the highlight. Nice to see Generation X is still in the conversation <laugh cry emoji>, very quietly being talented and capable while the Boomers and Millennials continue their culture war blood feud.
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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
Calculated Risk
AUGUST 29, 2022
Inventory is still increasing, but the inventory build has slowed over the last two months. Still, inventory is increasing faster than in 2019 at this time of year. Here are the same week inventory changes for the last four years: 2022: +3.3K 2021: -0.4K 2020: -2.1K 2019: +2.8K Inventory bottomed seasonally at the beginning of March 2022 and is now up 130% since then.
Wealth Management
AUGUST 29, 2022
While once institutional allocations were weighted towards retail and office, they have responded to long-term structural shifts and refocused on industrial, multifamily and data centers.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
AUGUST 29, 2022
How to stave off unexpected consequences.
Calculated Risk
AUGUST 29, 2022
These indicators are mostly for travel and entertainment. It is interesting to watch these sectors recover as the pandemic subsides. Notes: I've added back gasoline supplied to see if there is an impact from higher gasoline prices. -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. This data is as of August 28th.
Wealth Management
AUGUST 29, 2022
Paul Newman’s daughters sue the Newman's Own foundation alleging contributions to their designated charities were improperly reduced.
Nerd's Eye View
AUGUST 29, 2022
For most advisory firms, 2022 has been a year of relative stability, market volatility notwithstanding. After 2 years of the pandemic forcing massive changes to most firms’ systems and processes, from client meetings to internal management to marketing and business development, advisory firms are increasingly ‘finding their groove’ in this new post-pandemic (or at least, post-acute-pandemic) era as they grow accustomed to the new ways of getting business done.
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.
Wealth Management
AUGUST 29, 2022
NAPFA selected FP Transitions to build a custom ‘continuity partner matching’ program for members with vetted buyers, equity plans and valuation services.
The Irrelevant Investor
AUGUST 29, 2022
Buyers and sellers always have different views of what something is worth. This is true with small items like coffee mugs and truer still with large items such as your home. I poke around on Zillow fairly regularly, and one house around where I live caught my attention. The home was built in 1950, it has four beds and two baths, and I’m guessing ~2,000 square feet.
Wealth Management
AUGUST 29, 2022
Mini-tenders have been a thorn in the side of non-traded REIT sponsors, and they are also on the receiving end of backlash from other industry participants.
Abnormal Returns
AUGUST 29, 2022
Markets The ten best (and worst) performing stocks since the March 2020 bottom. (theirrelevantinvestor.com) Some big companies have not yet reinstated their dividend from before the pandemic. (wsj.com) Media Why Warner Bros. Discovery ($WBD) CEO David Zaslav is going to end up ruining HBO Max. (theverge.com) Why NBC is thinking about shrinking its programming lineup.
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.
Wealth Management
AUGUST 29, 2022
Help your clients make decisions based on their circumstances.
Abnormal Returns
AUGUST 29, 2022
Podcasts Josh Brown and Michael Batnick talk with Devon Drew of DFD Partners. (thereformedbroker.com) Megan Carpenter and Candice Carlton talk authenticity and niche with Michael Kitces. (ficommpartners.com) Jeff Ptak and Christine Benz talks with Michael Kitces about the myth of free compression. (morningstar.com) Independence Mike Hlavek, "After years of work in a wirehouse, you get used to having to justify everything you want to do.
Wealth Management
AUGUST 29, 2022
If you understand the people caught up in the “Great Wealth Transfer”—if you align your outreach with their habits and goals—you can position yourself to grow with them in the years to come.
A Wealth of Common Sense
AUGUST 29, 2022
There were a lot of predictions at the outset of the pandemic about how the world would be changed forever. Some were kind of right. Others were very wrong. So it goes with these things. The one that never made sense to me is how colleges were going to get disrupted by online classes once students saw how pointless it was to go to class. If anything, the pandemic proved how necessary it is for young people to interact wit.
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.
Wealth Management
AUGUST 29, 2022
Warehouses and shipping containers choking with inventory are snarling the U.S. supply chain, according to The Wall Street Journal. Blackstone executives see publicly-traded REITs as one of the best options for investing in real estate right now, reports Seeking Alpha. These are among today’s must reads from around the commercial real estate industry.
Alpha Architect
AUGUST 29, 2022
Do equity markets care about income inequality? We address this question by examining equity markets’ reaction and investors’ portfolio rebalancing in response to the first-time disclosure of the ratio of CEO to median worker pay by U.S. public companies in 2018. We find that firms’ disclosing higher pay ratios experience significantly lower abnormal announcement returns.
Wealth Management
AUGUST 29, 2022
Providing ethical, competent financial planning is an immediate and direct step to help your community improve its financial resilience.
Darrow Wealth Management
AUGUST 29, 2022
Investing during periods of volatility can be difficult, especially when markets seem arbitrary. Gaining a historical perspective can help expectations for investors and reframe events into a more appropriate context. Whether you’re a long-term investor trying to understand market moves or are concerned about your portfolio considering the downturn, here are nine charts every investor should see.
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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.
Wealth Management
AUGUST 29, 2022
The latest Focus tuck-in adds $140 million in AUM and expands Buckingham’s Northwest presence.
Financial Symmetry
AUGUST 29, 2022
Allison Berger, CFP® and Chad Smith, CFP® were both selected as one of Investopedia’s 100 Top Financial Advisors of 2022. They are two of the five financial advisors on this list from North Carolina. Allison Berger, CFP® says “I’m honored … Continued. The post Investopedia 100 Top Financial Advisors of 2022-Allison Berger and Chad Smith appeared first on Financial Symmetry, Inc.
Wealth Management
AUGUST 29, 2022
Fiscally irresponsible invective might be nearer the mark.
Nationwide Financial
AUGUST 29, 2022
Key Takeaways: Even without new legislation, the prospect of higher taxes in the future is still looming. The impact of higher taxes on retirees could be substantial, so staying up to date on the current tax landscape is vital. Tax rates are unlikely to go down, so discuss tax implications and legislation with your clients today. According to the Government Accountability Office, the US national debt was 100% of US annual GDP at the end of fiscal year 2021.
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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?
Wealth Management
AUGUST 29, 2022
New York State officials are betting on the return to the office with a large scale redevelopment around Penn Station, reports The New York Times. Forbes looks at U.S. cities where home prices are falling the fastest. These are among today’s must reads from around the commercial real estate industry.
A Wealth of Common Sense
AUGUST 29, 2022
Today’s Animal Spirits is brought to you by KraneShares ETFs: We had Brendan Ahern, CIO of Kraneshares on the show to give us an update on China and a deep dive into the KraneShares Bosera MSCI China Index. On today’s show we discuss: An update on what’s happening with China China’s performance vs the rest of the world China’s crackdown on tech companies Chinese listing issues with the US Listen h.
Wealth Management
AUGUST 29, 2022
China’s distressed-debt managers have been in turmoil as aggressive lending to embattled developers and unchecked expansion into other areas during the sector’s boom years has beset the $730 billion funds with heavy credit losses.
XY Planning Network
AUGUST 29, 2022
7 MIN READ. Coming out of 2021, we’ve all felt a little alone in our work. Some of us may have returned to a hybrid or fully in-person office setting. Others may still be working from a home office. Whatever your preference, we are here to get you re:engaged with your community at #XYPNLIVE 2022 so that you can continue to re:imagine the industry. XY Planning Network set out to do just that exact thing 8 years ago—re:define traditional financial planning and take it to the next level.
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