The Big Picture
SEPTEMBER 6, 2022
So, it was just Labor Day Weekend, and while we all should be out NOT laboring, I spent part of the long holiday weekend thinking about a few of my favorite FRED charts. Rather than include all of my favorites, I set a challenge for myself: Limit the list to the three most telling charts: U3 Unemployment Rate : When has unemployment been lower than today?
Nerd's Eye View
SEPTEMBER 6, 2022
Welcome back to the 297th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Andy Panko. Andy is the owner of Tenon Financial, a virtual independent RIA that oversees $70 million in assets under management for 43 retired client households. What's unique about Andy, though, is how, shortly after launching his practice, he created a Facebook group so that he could share his expertise directly with the types of clients he wanted to serve… which unexpectedly beca
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Abnormal Returns
SEPTEMBER 6, 2022
Fund selection Using maximum drawdown as a fund selection tool. (advisorperspectives.com) How do Morningstar's ($MORN) star ratings work in practice? (riabiz.com) The performance of active equity mutual fund managers continues to degrade. (morningstar.com) ETFs Sector ETFs by and large underperform the broad market. (papers.ssrn.com) ETF issuers need to have a strong online presence.
The Reformed Broker
SEPTEMBER 6, 2022
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: ?Sources of Return – “Corporate profits and sources of total return” ?Worst Year Ever – The 60/40 portfolio is on pace for its worst year since 1936. ?
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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.
Abnormal Returns
SEPTEMBER 6, 2022
Markets The performance of major asset classes in August 2022. (capitalspectator.com) Value stocks seems to benefit from inflation. (klementoninvesting.substack.com) Finance Why the amount of passively managed assets is underestimated. (ft.com) Why the Bloomberg Terminal isn't going anywhere. (ft.com) A wave of SPAC liquidations are coming. (ft.com) Companies ADT ($ADT) is getting investments from Allstate and Google.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Calculated Risk
SEPTEMBER 6, 2022
Notes: This CoreLogic House Price Index report is for July. The recent Case-Shiller index release was for June. The CoreLogic HPI is a three-month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogic: US Year-Over-Year Home Price Growth Dips Again in July as Higher Mortgage Rates Cool Demand CoreLogic®. today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for July 2022.
Pragmatic Capitalism
SEPTEMBER 6, 2022
I joined Oliver Renick on TD Ameritrade Network last Friday to discuss the housing market and some of my recent comments from the newest Three Minute Money video. In short: [ … ].
Wealth Management
SEPTEMBER 6, 2022
Real estate investment companies are facing a daunting task when it comes to properly reporting on vast quantities of data across environmental, social and governance factors. Here’s how technology can help.
Calculated Risk
SEPTEMBER 6, 2022
Weekend: • Schedule for Week of September 4, 2022 Tuesday: • At 8:00 AM ET, Corelogic House Price index for July • At 10:00 AM, the ISM Services Index for August. The consensus is for a reading of 55.5, down from 56.7. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 19 and DOW futures are up 162 (fair value). Oil prices were down over the last week with WTI futures at $88.93 per barrel and Brent at $95.74 per barrel.
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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
SEPTEMBER 6, 2022
Many companies are banking on a post-Labor Day return as their best hope at getting workers back in offices, reports The Wall Street Journal. Oak Street Real Estate Capital has made a $2 billion bid to buy Kohl’s real estate, according to Reuters. These are among today’s must reads from around the commercial real estate industry.
Brown Advisory
SEPTEMBER 6, 2022
Asset Allocation: Developing a Long-Term Investment Strategy for Mission-Driven Organizations. ajackson. Tue, 09/06/2022 - 10:30. When putting a plan in place, we believe it is critical for any mission-driven organization to develop an effective, long-term asset allocation strategy to manage its endowment assets. Given an institution’s long-term return objectives and risk tolerance, the Investment Committee (IC) should partner with its investment advisor to define an asset allocation approach th
Wealth Management
SEPTEMBER 6, 2022
“Just-in-case” inventory storage is leaving retailers with excess inventory and little space to store it. But it’s not likely to go away, industry insiders say.
Calculated Risk
SEPTEMBER 6, 2022
Today, in the Calculated Risk Real Estate Newsletter: The Sharp Slowdown in Year-over-year House Price Growth Excerpt: And Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Zillow Research: June 2022 Case-Shiller Results & Forecast: Moving Towards Rebalance. The Zillow forecast is for the year-over-year change for the Case-Shiller National index to be 15.9% in July.
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
SEPTEMBER 6, 2022
Asset managers and technology firms are luring retail advisors into alts with easier access and promises of diversification and enhanced returns. Here's what advisors themselves think about broadening their client portfolios.
Brown Advisory
SEPTEMBER 6, 2022
Investing for Purpose: A Governance Perspective on Mission-Aligned Investment Strategy. ajackson. Tue, 09/06/2022 - 10:17. Increasingly, investment committee members are exploring mission-aligned investing for the organizations they serve. To be most effective, we believe that any effort to build greater alignment and/or impact should be approached holistically and in conjunction with the organization’s broader investment policy.
Indigo Marketing Agency
SEPTEMBER 6, 2022
We’re happy to announce that Indigo Marketing Agency was featured in Bob Veres’s August 2022 issue of Inside Information , a go-to resource for financial planning, financial advisor, and investment advisor professionals. In every issue, Veres delivers cutting-edge discussions with the industry’s thought leaders and change-makers—and we’re honored to be included!
Wealth Management
SEPTEMBER 6, 2022
Bert Crouch, Invesco Real Estate’s head of North America, outlines the investment firm’s strategies in a rising-rate environment.
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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.
Prosperity Coaching
SEPTEMBER 6, 2022
Business networking strategy: I’m a big believer in business networking. I feel that it’s very important for financial advisors to get out of their offices and meet other business professionals, community leaders, and those who may need their services. The trouble is, most financial advisors do NOT build networking into […]. The post Mistake 4: No Business Networking Strategy appeared first on The Prosperous Advisor Coaching Blog.
Random Roger's Retirement Planning
SEPTEMBER 6, 2022
Barron's had an article titled 4 Ways To Maximize Your Social Security Benefits. The article is fine, it lists making sure you have 35 years where you had income, the positive effect of working in your 60's and then a bit on when to collect. Included was some very minute details about the program that probably are not essential but could come in handy.
Calculated Risk
SEPTEMBER 6, 2022
Here is a look at the change in teen employment over time. The graph below shows the employment-population ratio for teens (6 to 19 years old) since 1948. The graph is Not Seasonally Adjusted (NSA), to show the seasonal hiring of teenagers during the summer. A few observations: 1) Although teen employment has recovered some since the great recession, overall teen employment had been trending down.
Cornerstone Financial Advisory
SEPTEMBER 6, 2022
Presented by Cornerstone Financial Advisory, LLC. The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones Industrial Average fell 2.99%, while the Standard & Poor’s 500 stumbled 3.29%. The Nasdaq Composite index lost 4.21%.
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Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!
Wealth Management
SEPTEMBER 6, 2022
CVS is acquiring Signify for $30.50 a share in an all-cash deal, according to a statement Monday.
Calculated Risk
SEPTEMBER 6, 2022
(Posted with permission). The ISM® Services index was at 56.9%, up from 56.7% last month. The employment index increased to 50.2%, from 49.1%. Note: Above 50 indicates expansion, below 50 in contraction. From the Institute for Supply Management: Services PMI® at 56.9% August 2022 Services ISM® Report On Business® Economic activity in the services sector grew in August for the 27th month in a row — with the Services PMI® registering 56.9 percent — say the nation's purchasing and supply executives
Norman Marks
SEPTEMBER 6, 2022
Alexei Sidorenko has a great blog that we should all subscribe to, the Risk-Academy Blog. He describes it as “Controversial thoughts about modern day risk management in non-financial companies”. He recently wrote “What should an awesome risk report look like?”, in which he said: If we wanted to really make a difference to decision makers […].
Cordant Wealth Partners
SEPTEMBER 6, 2022
Restricted Stock Units (RSUs) are a popular form of equity compensation at many companies, including Microsoft. They can be used to motivate employees and align their incentives with those of the company by allowing them to share in its success. In this guide on Microsoft RSUs, I’ll explain: How Microsoft RSUs work Tax savings strategies for your RSU income And, why you should incorporate them into your investment strategy What is a Restricted Stock Unit (RSU?
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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.
Brown Advisory
SEPTEMBER 6, 2022
Global Leaders Investment Letter: August 2022 mhannan Tue, 09/06/2022 - 10:48 Just want the PDF? Download it here > The Capital Cycle Supply chain shenanigans across the world and subsequent shortages alongside soaring inflation have set us thinking about the capital cycles we see across numerous global industries, in particular energy, commodities and semiconductors.
SEI
SEPTEMBER 6, 2022
The great reassessment: Your cybersecurity strategy to kick start 2023. vlaskowski. Tue, 09/06/2022 - 09:30. 5 minutes. Cybersecurity. Banks. Broker-dealers. Independent broker-dealer advisors. Independent trust companies. Insurance companies. IT professionals (ITS). Nonprofits and healthcare organizations. RIAs. IT Professionals (ITS). Blog. The Sphere blog.
NAIFA Advisor Today
SEPTEMBER 6, 2022
Angela White is committed to recruiting diverse talent into the insurance and financial services industry and making sure they have the resources they need to succeed. Getting Started. After several years in sales, White took a job recruiting agents and fell in love with the industry. She’s motivated by a genuine drive to connect with people and have meaningful conversations.
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