The Big Picture

OCTOBER 5, 2022

I won’t be around Wednesday, but a quick note to share with you about storytelling. In my conversation with David McRaney about belief and persuasion, we touched upon narratives, including Joseph Campbell’s Hero’s Journey. In pulling together my notes, I found the above graphic. It’s worth considering how many of our stories all have a very similar framework — and what that means about the tales we tell ourselves… Source : How To Create the Perfect Story. by Anna Fl

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Nerd's Eye View

OCTOBER 5, 2022

In recent years, numerous software solutions have sprung up that aim to automate the process of tax-loss harvesting. Both retail-focused robo-advisors and advisor-focused TAMPs have begun to offer automated tax-loss harvesting, which – by systematically checking for losses to harvest, typically on a daily basis – purports to increase investors’ after-tax returns by 1% or more.

Taxes 214

Taxes Tax Planning Portfolio Management Advertising 214

Abnormal Returns

OCTOBER 5, 2022

Markets Mortgage rates are their highest level in 16 years. (bloomberg.com) Three reasons why international stocks have been such a big disappointment. (morningstar.com) Strategy Why selling after a 25% decline has historically been a bad idea. (theirrelevantinvestor.com) When in doubt, rebalance. (blogs.cfainstitute.org) Twitter Everything about the Twitter ($TWTR) deal has been about 'Elon being Elon.

Financial Advising 147

Financial Advising Retail Economy Media 147

Calculated Risk

OCTOBER 5, 2022

From Moody’s Analytics Senior Economist Lu Chen: Office continues its bumpy ride, and Retail remains flat Office vacancy has been persistently stuck at over 18% since early 2021 , a consequence of excess inventories and strains on companies’ expansion plans. Net absorption rose in June and July, in line with the return to office sentiment, but that trend was short-lived as economic uncertainties pressured the sector’s fundamentals.

Retail 122

Retail Economics Assets Planning 122

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

The Irrelevant Investor

OCTOBER 5, 2022

Today’s Animal Spirits is brought to you by Masterworks: See here to learn more about investing in contemporary art and here for important disclosures See here for tropical gear, free shipping, and sunglass straps on all orders (code ANIMAL20 for 20% off) On today’s show we discuss: Looking for a bright spot (AWOCS) Asness on expected returns Druckenmiller predicts the Dow won’t be much higher in 10 years C.

Investing 114

Investing Investments 114

Calculated Risk

OCTOBER 5, 2022

Today, in the Calculated Risk Real Estate Newsletter: Apartments: Net Absorption Very Low in Q3, New Construction Deliveries Even Lower A brief excerpt: Moody’s Analytics also reported the effective rents were up 1.7% in Q3 from Q2, and up 10.2% year-over-year (YoY). This is a sharp slowdown from Q2 when rents were up 16.9% YoY. Click on graph for larger image.

Numbers 98

Numbers 98

Wealth Management

OCTOBER 5, 2022

Smaller occupiers are getting squeezed out in the hyper competitive market for industrial space, reports The Wall Street Journal. Companies that were offering perks to lure staff back to offices have begun to dial back, according to Commercial Observer. These are among today’s must reads from around the commercial real estate industry.

Marketing 104

Marketing Marketing 104

Calculated Risk

OCTOBER 5, 2022

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 14.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 30, 2022. The Refinance Index decreased 18 percent from the previous week and was 86 percent lower than the same week one year ago.

Economics 98

Economics 98

Wealth Management

OCTOBER 5, 2022

Institutional investors favor multifamily and industrial, but they are investing across the spectrum of risk profiles and showing an interest in non-gateway markets and alternative property sectors.

Investing 104

Investing Investments Marketing Marketing 104

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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.

Banking

NAIFA Advisor Today

OCTOBER 5, 2022

NAIFA Trustees Win Havir and Aprilyn Chavez Geissler and member Sue Kuraja appeared on a panel at the recent Women in Insurance and Financial Services (WIFS) National Conference in Phoenix to discuss: "What If the True Kingmaker Is the Queen? Taking the Power of Women to the Polls.".

Financial Services 98

Financial Services Insurance 98

Wealth Management

OCTOBER 5, 2022

Mercer's second acquisition announced this week brings in a Cincinnati-based firm with founders looking for a succession plan and more client services.

Assets 109

Assets Clients Planning 109

Million Dollar Round Table (MDRT)

OCTOBER 5, 2022

By Matt Pais, MDRT Content Specialist To describe a case he could never forget, Josusmar Sousa rewinds more than 30 years. A doctor declined Sousa’s offer of life insurance, but the 10-year MDRT member from Sao Paulo, Brazil did not stop there. “It was so hard for me, so I asked him to write a letter to acknowledge that I had offered a plan to protect his family and that he was leaving them unprotected/exposed – that it was his fault, and not mine,” he said.

Insurance 88

Insurance Planning Management 88

Conneqtor

OCTOBER 5, 2022

5 great productivity apps for Financial Advisors As a Financial Advisor, you have plenty on your plate. From juggling client meetings and managing your business to maintaining compliance, marketing for new clients and offering the best possible experience.

Financial Advisor 84

Financial Advisor Compliance Clients Management 84

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

Calculated Risk

OCTOBER 5, 2022

From the Department of Commerce reported : The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $67.4 billion in August , down $3.1 billion from $70.5 billion in July, revised. August exports were $258.9 billion, $0.7 billion less than July exports. August imports were $326.3 billion, $3.7 billion less than July imports. emphasis added Click on graph for larger image.

Economics 83

Economics 83

Wealth Management

OCTOBER 5, 2022

The vast majority of the white-collar workers who had clustered in big cities and expensive suburbs before the pandemic stayed put even as they stopped going into the office.

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Random Roger's Retirement Planning

OCTOBER 5, 2022

That was a Tweet from Jeff Weniger from WisdomTree and he shared this chart. WisdomTree has a managed futures ETF with symbol WTMF that for just about all of the first half was up a little as the bear market in equities started and now shows on Yahoo Finance as down slightly YTD. WTMF is not even close to being the best performing managed futures funds but presumably they know the space, know that a lot of the funds in managed futures are up kind of a lot this year so he knows some diversifiers

Management 83

Management Accounting Clients Marketing 83

Wealth Management

OCTOBER 5, 2022

Edelman expands advisor network in Northern California market as firm “selectively” accelerates inorganic growth.

Engineering 104

Engineering Marketing Marketing 104

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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

OCTOBER 5, 2022

Episode #448: Annie Duke – Why Great Investors Are Great Quitters Guest: Annie Duke is an author, corporate speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. She’s also the author of Quit: The Power of Knowing […]. The post Episode #448: Annie Duke – Why Great Investors Are Great Quitters appeared first on Meb Faber Research - Stock Market and Investing Blog.

Consulting 113

Consulting Investing Investments Marketing 113

Wealth Management

OCTOBER 5, 2022

The RIA services platform has partnered with Allocate to give advisors options for venture capital funds and co-investments.

Investing 98

Investing Investments 98

Validea

OCTOBER 5, 2022

By Jack Forehand, CFA, CFP® ( @practicalquant ) —. Two weeks ago, I wrote an article where I looked at the valuation of the median stock and how it has changed over time. When I performed a simple median calculation and ordered all stocks in our universe by their PE ratios, the end result showed that the median stock is actually very cheap right now.

CFP 59

CFP Valuation Economy Assets 59

Wealth Management

OCTOBER 5, 2022

Eleventh acquisition of 2022 brings WEG’s total client assets to more than $57.7 billion.

Wealth Management 98

Wealth Management Management Assets Clients 98

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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!

Accounting

Hubly

OCTOBER 5, 2022

Trying to manage multiple clients and firm activity with spreadsheets, notebooks, CRM tasks, and calendar reminders is clunky and inefficient. Hubly's powerful workflow management software is the innovative solution that the financial services industry has been waiting for.

Management 52

Management Financial Services Clients 52

Wealth Management

OCTOBER 5, 2022

Cory Youmans, a vice president at a local branch of Fisher Investments, could be in for a $2 million tax hit.

Accounting 70

Accounting Taxes Investing Investments 70

Integrity Financial Planning

OCTOBER 5, 2022

What can we learn about retirement from Jerry Seinfeld? We will review some Seinfeld quotes and consider how they apply to your finances. Let’s also talk about your most significant financial assets. Are you leveraging these assets or overlooking them? Use the timestamps below to listen to some key points: “Sometimes the road less traveled is less traveled for a reason.” (0:24).

Retirement 52

Retirement Assets Financial Planning Planning 52

Trade Brains

OCTOBER 5, 2022

Top Stocks Under Rs 1500 : Many people start investing in the stock market with a low sum of money. However, in hopes of getting a good number of stocks, they end up buying penny stocks that are risky. After a fair share of rookie mistakes, they realize that they’ll have to invest in stocks that are fundamentally strong and may come at a higher price.

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Manufacturing Sales Engineering Distribution 52

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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

Steven J. Wilson

OCTOBER 5, 2022

SEO is one of the best digital marketing strategies for accounting firms. It can help you reach your target clients and convert them into leads and customers without the need to send outreach emails, Linkedin DMs, or make cold calls. You are able to use your website as more than just a nice-looking digital business. Read more. The post SEO For Accountants: 14 Tactics To Acquire Clients With Search appeared first on Steven J.

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Accounting Clients Marketing Marketing 52

NAIFA Advisor Today

OCTOBER 5, 2022

NAIFA and the Society of Financial Service Professionals will host an Advanced Practice Center webinar on Wednesday, October 12 at 2 pm eastern. Presented by John Hancock , join Matthew Gibson and John Snider II, JD as they share their insights in "Is Behavioral Insurance the Future of Life Insurance?".

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Insurance Financial Services Education 52

Steven J. Wilson

OCTOBER 5, 2022

There’s no denying the power of social media for accounting firms. But with so many social media platforms and options, it can be tough to know where to start – or how to stand out from the crowd. In this article, we’ll discuss some tips and strategies for social media marketing success as an accounting. Read more. The post Social Media Marketing for Accountants, CPA’s: Leads & Followers appeared first on Steven J.

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Media Accounting Marketing Marketing 52