Thu.Aug 18, 2022

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Longform links: what we owe future generations

Abnormal Returns

Business A look at the booming business of space. (notboring.co) Libraries do big business lending e-books. Publishers aren't happy about it. (newyorker.com) Food Is sustainable seafood an oxymoron? (bbc.com) Why do we throw so much food away? (thenewatlantis.com) Longreads The implosion of Three Arrows Capital was a key driver of the crypto crash. (nymag.com) U.S. intelligence had a hard time convincing Ukraine (and allies) that Russia would likely invade.

Food 130
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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Devon Energy, Enterprise Products, Exxon Mobil & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Hotels: Occupancy Rate Down 4.6% Compared to Same Week in 2019

Calculated Risk

From CoStar: STR: Seasonal Demand Shifts Bring Down US Weekly Hotel Performance Showing continued alignment with seasonal patterns, U.S. hotel performance fell slightly from the previous week, but showed improved comparisons with 2019, according to STR‘s latest data through Aug. 13. Aug. 7-13, 2022 (percentage change from comparable week in 2019*): • Occupancy: 68.5% (-4.6%) • Average daily rate (ADR): $152.34 (+15.8%) • Revenue per available room (RevPAR): $104.30 (+10.5%) *Due to the pandemic

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New 3 Minute Money – Why Do Banks Need Deposits?

Pragmatic Capitalism

I often talk about the importance of understanding banking and the relationship between inside money and outside money. And a common theme in this topic is that the money multiplier [ … ].

Banking 114
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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eMoney Advisor Names Susan McKenna New CEO

Wealth Management

McKenna has been serving as interim CEO since March 2022, when former CEO Ed O’Brien accepted a new position as head of technology at Fidelity Institutional.

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More Trending

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Weekly Initial Unemployment Claims decrease to 250,000

Calculated Risk

The DOL reported : In the week ending August 13, the advance figure for seasonally adjusted initial claims was 250,000 , a decrease of 2,000 from the previous week's revised level. The previous week's level was revised down by 10,000 from 262,000 to 252,000. The 4-week moving average was 246,750, a decrease of 2,750 from the previous week's revised average.

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11 Must Reads for the CRE Industry Today (Aug. 19, 2022)

Wealth Management

Sun Belt cities are becoming inflation epicenters in the U.S., according to The New York Times. Commercial Property Executive examines whether the industrial boom is ending. These are among today’s must reads from around the commercial real estate industry.

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The 83(b) Election and Restricted Stock Plans

Walkner Condon Financial Advisors

Employee stock grants can be an excellent benefit, but they can also be complicated, especially when they involve restrictions and vesting schedules. Stock grants also come with significant tax consequences that, depending on the situation, can leave you with large tax bills. However, you do have some control over when those tax bills are paid and, in the right circumstances, you can lower your total tax bill significantly if you elect to pay taxes upfront.

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NAIFA Announces New Employee and Executive Benefits Center to Aid Professionals Providing Business Resources

NAIFA Advisor Today

NAIFA announces the launch of the Employee and Executive Benefits Center (EBC), the newest of NAIFA’s Centers for Excellence, at NAIFA’s Apex sales summit. The EBC is a community of agents, firms, carriers, and vendors that offers top-notch resources, innovative research, access to industry thought leaders, and opportunities for collaboration in the benefits space.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

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.

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Stay Calm and Keep Contributing

Wealth Management

With planning and strategizing, long-term investors can ride this downturn out, with the potential of positioning themselves advantageously once the market changes.

Planning 104
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7 Critical Website Design Principles For Financial Advisors

Advisor Websites

The future of competing websites has already begun its new evolution. One in which websites that provide a highly personalized user experience gain superiority over ones that lack this fundamental attribute. In essence, modern and advancing websites are quickly becoming more than just a home base to showcase your services, they are becoming lead generation powerhouses.

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More Analysis on July Existing Home Sales

Calculated Risk

Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 4.81 million SAAR in July Excerpt: ales in July (4.81 million SAAR) were down 5.9% from the previous month and were 20.2% below the July 2021 sales rate. Sales are now below pre-pandemic levels and, excluding the pandemic decline, sales are the lowest level since 2014.

Sales 98
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Retailers Suffer from Inventory Bloat as US Consumers End Two-Year Spree

Wealth Management

Shifts in spending behavior—when combined with over-ordering earlier this year—have left the people who manage supply chains with a costly mess. Products that don’t entice shoppers sit unsold in stores and warehouses, taking up valuable space.

Retail 108
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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

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.

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How apartment buildings easily explain retirement and investments to clients

Million Dollar Round Table (MDRT)

By Bryson Milley, CFP, CIM One of the questions I’m most asked by retiring clients is, “How do I manage my investments once I’m retired?” While I could give them all the technical information and thought processes behind it, that may not help the client understand. I find that stories and analogies are much more useful in explaining concepts. Yet for many years I struggled to find a good analogy for my clients.

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Mindy Diamond on Independence: How The Perfect RIA's Matthew Jarvis Turned the Tables on His Career

Wealth Management

Matthew Jarvis rose from near bankruptcy to running a profitable independent financial advisory practice. He shares his story plus key teachings on extreme accountability, delivering massive value to clients, and more.

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Alpha from Short-Term Signals

Alpha Architect

Short-term alpha signals are generally dismissed in traditional asset pricing models, primarily due to market friction concerns. However, this paper demonstrates that investors can obtain a significant net alpha by combining signals applied on a liquid global universe with simple buy/sell trading rules. The composite model consists of short-term reversal, short-term momentum, short-term analyst revisions, short-term risk, and monthly seasonality signals.

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TIFIN Expands Partnership With Thematic Fund Issuer ETFMG

Wealth Management

Under the new partnership, ETFMG will distribute a series of thematic ETFs, including its cannabis fund, through TIFIN’s Magnifi, a natural-language-powered investment marketplace.

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Transforming Lending: Understanding the Power of Digital Platforms

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.

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Melted Rocks & Retirement Planning

Random Roger's Retirement Planning

Jonathan Hoenig Tweeted out "the average 50 year old has $160,000 in their 401k, how do you compare?" Don't get caught up in comparisons, the amount that others have will not impact your outcome, it's just wasted time and energy. At 50 though, you do need to have some context for how viable your idea of retirement is. A $20,000/mo lifestyle isn't a reasonable outcome for a 50 year old with $160,000 in the bank.

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Is a Roth Conversion Right for Me?

Wealthfront

IRAs, or individual retirement accounts, are a popular way to save for retirement, and with good reason: IRAs have numerous benefits. You may already be familiar with some of the different types of IRAs, including traditional IRAs and Roth IRAs. But you might not know it’s possible for people who typically don’t qualify for a […]. The post Is a Roth Conversion Right for Me?

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Show Us Your Portfolio: Rick Ferri

Validea

Our first few episodes of Show Us Your Portfolio looked at some thoughtful, evidence-based approaches to portfolio construction. But we also noticed after listening to them that many of the concepts we discussed might be too sophisticated for the average investor. Given that simplicity often works best in investing, we wanted to talk to someone about the benefits of using a less complex approach.

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Approach Q4 Like a Championship Team

Wealth Management

Five steps to crush it until the end of the year.

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Quick Start Guide to a Crystal Clear Close

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!

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11 Best Credit Union and Bank Website Designs of 2022

Steven J. Wilson

Customers expect their bank or credit union website to be modern, user-friendly, and informative in this digital age. Financial institutions must invest in cutting-edge web design to remain competitive. Updated designs and features on bank websites are now largely considered a key trust factor in determining whether new customers will open an account with a […].

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Guarding Your Nest Egg

Talon Wealth

[link]. August 20, 2022. Kristen: When we have questions about what’s happening with all the financial news, our economy, the stock market, inflation interest rates, gosh, you name it. There’s so much to talk about right now, especially midterms and how that’s affecting the financial conversation and the decisions that you make. We will discuss those things along with Mike offering to shed some light on the steps that investors like you closing in on retirement can take to hope

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ADV Power wealth

SEI

ADV Power wealth. ahogan1. Thu, 08/18/2022 - 11:17. Schedule a demo. Include Image (left or right). Asset. bread_community.jpg. Right. See how our technology serves as your gateway to the Advice+ experience. Power wealth.

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Bottom-Up vs. Top-Down Investing: Differences and Benefits Explained

WiserAdvisor

The world of investing can be quite overwhelming for newcomers. Not only do you have to keep track of various factors such as market trends, price movements, the economy (both local and international), past returns, and more, but you also have to match those with your own time horizon and risk appetite. All of the aforesaid factors need to be considered to find the investment instrument for your needs.

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The Blueprint for a Customer-Centric Digital Lending Experience

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.

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[cdata[ How to Protect Your Finances from Unexpected Car Repair Costs ]]

oXYGen Financial

![CDATA[ If you're like most people, your car is one of your biggest expenses. You rely on it to get you where you need to go, and when it breaks down, it can be a huge inconvenience. Not to mention, unexpected car repairs can be very expensive. In this blog post, we will discuss some tips for protecting your finances from unexpected car repair costs.

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Thursday links: a good rule of thumb

Abnormal Returns

Markets Norway's giant sovereign wealth fund returned -14.4% in the first half of 2022. (pionline.com) The destruction of the EV space, illustrated. (ft.com) Are growth stocks finally cheap? (blog.validea.com) Apple Nearly three quarters of iPhone users have activated Apple Pay. (wsj.com) Why Apple's ($AAPL) advertising push shouldn't surprise any one.

Medical 130
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Is Pet Insurance Worth It?

Good Financial Cents

Whether you’re already the proud owner of a dog or cat or you’re planning to become one, you may be wondering if pet insurance is worth the cost. After all, you absolutely have to buy things like food and basic supplies, and optional pet insurance just adds to the ongoing expense of owning a pet. The thing is, the best pet insurance can actually make being a pet owner considerably more affordable — particularly if your pet winds up needing surgery or being diagnosed with a chronic me