Nerd's Eye View

APRIL 24, 2023

Financial advisors will sometimes talk about ‘bad’ clients who don’t act on the advice being provided. But the reality is that they may not necessarily be ‘bad’ clients; rather, their behaviors are a sign that they are not fully engaged in the planning process because other aspects of their life take precedence over managing the tasks needed to accomplish their financial planning goals, they lack the knowledge to make an informed decision, or they are procrastinatin

Financial Planning 198

Financial Planning Clients Planning Financial Advisor 198

The Reformed Broker

APRIL 28, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Brian Shannon and Downtown Josh Brown discuss olume-Weighted Average Price (VWAP), trading strategies, technical analysis, tech earnings, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else!

Marketing 308

Marketing Marketing 308

The Big Picture

APRIL 23, 2023

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • My High-Flying Life as a Corporate Spy Who Lied His Way to the Top : I was just looking to make rent when I stumbled into a part-time gig stealing secrets from Wall Street elite. I made millions once I realized how desperate we humans are for someone who will actually listen. ( Narratively ) • How a Brazen Plot to Rig Oil Auctions Cost Venezuela Billions : America’s best-known lawyer, a couple of fraudste

Banking 310

Banking Consulting Investing Investments 310

Abnormal Returns

APRIL 24, 2023

Markets There is now a one-day version of the VIX. (finance.yahoo.com) European stocks are trading at a discount to the U.S. (mailchi.mp) Some hard-core crypto types have turned to precious metals. (wsj.com) Why are investors so nervous? (allstarcharts.com) Strategy What happens after a big down year in the stock market? (awealthofcommonsense.com) Just knowing that stocks go through cycles matters.

Marketing 242

Marketing Marketing Financial Advising Financial Services 242

Advertisement

Financial institutions continue to look to quantify the impact of new technologies. Meanwhile, business lending technologies have grown more popular in the industry. However, understanding the impact of said technologies means understanding how to increase your revenue while decreasing your costs. This is key for the growth of your organization. Biz2X created this eBook to analyze the ROI of business lending platforms and learn about the short-term and long-term benefits of said platforms.

Nerd's Eye View

APRIL 25, 2023

Welcome back to the 330th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Ari Weisbard. Ari is Managing Partner of Values Added Financial, an independent RIA based in Washington, D.C., that oversees $143 million in assets under management (AUM) for nearly 75 client households. What's unique about Ari, though, is how he and his partner, Zach, not only initiated fee minimums to ensure that they could profitably serve their clients, but subsequently have intentiona

Financial Advisor 235

Financial Advisor Management Clients Taxes 235

The Big Picture

APRIL 27, 2023

I have been putting together my Q2 quarterly client call, and impatiently waiting for two last data points to show: State Coincident Indicators and Q1 GDP. Together they paint a fascinating picture of an economy robust enough to withstand the fastest set of rate increases in history, but also one that is showing signs of slowing. ( Crosscurrents of these types are not uncommon in a world that is rife with shades of grey… ) GDP for the first quarter of 2023 was 1.1% – lower than Wall Street

Economy 304

Economy Economics Banking Clients 304

Abnormal Returns

APRIL 23, 2023

Also on the site Ramit Sethi teaches you how to spend money. (abnormalreturns.com) Just in time for tax day, a custom indexing linkfest! (abnormalreturns.com) Top clicks this week Why Warren Buffett is looking overseas for investments. (wealthmanagement.com) Short duration assets, like CDs, look good right now, but they do have risks. (awealthofcommonsense.com) International stocks are leading markets higher.

Taxes 238

Taxes Assets Investing Investments 238

Nerd's Eye View

APRIL 26, 2023

One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Advisors coming from a background of working as an employee at a larger firm may be familiar with some of the rules for complying with state or Federal securities regulations from the perspective of an individual advisor, but handling compliance for an entire firm – even when there is just 1 employee – entails a whole additional set of responsibilities to be aware of.

Compliance 224

Compliance Clients Accounting Banking 224

The Reformed Broker

APRIL 22, 2023

We really had a blast hanging with Ric this week. Downloads for the podcast went crazy yesterday. Here’s the video version above. Have a great weekend! Subscribe to The Compound on YouTube here. The post Ric Edelman on The Compound (Video) appeared first on The Reformed Broker.

Marketing 211

Marketing Marketing 211

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

The Big Picture

APRIL 24, 2023

If you spend any time with FinTV – even if it’s muted in the background – you would have been treated to a debate as to “ Are we in a new bull market? ” or not. Sometimes it’s phrased as “ Is the bear market over? ” I believe this is the wrong way to think about bull and bear markets. We have previously discussed ( see this , this , this , and this ) why the 20% bull/bear frame of reference is simply noisy nonsense.

Portfolio 299

Portfolio Valuation Marketing Marketing 299

Abnormal Returns

APRIL 25, 2023

Markets Apple ($AAPL) and Microsoft ($MSFT) now make up some 13.4% of the S&P 500. (ft.com) Financial influencers are not the problem. You are. (safalniveshak.com) Crypto Just how real is the Bitcoin rally? (institutionalinvestor.com) Coinbase ($COIN) has sued the SEC seeking regulatory clarity. (blockworks.co) John Oliver looks at the demise of Terra/Luna, Celsius and FTX.

Financial Advising 222

Financial Advising Startup Manufacturing Media 222

Nerd's Eye View

APRIL 26, 2023

One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Advisors coming from a background of working as an employee at a larger firm may be familiar with some of the rules for complying with state or Federal securities regulations from the perspective of an individual advisor, but handling compliance for an entire firm – even when there is just 1 employee – entails a whole additional set of responsibilities to be aware of.

Compliance 220

Compliance Clients Accounting Banking 220

The Reformed Broker

APRIL 25, 2023

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: ►Google/Microsoft Earnings – 40% of the S&P 500 is reporting this week. ►An Earnings Recession – Does an earnings recession translate to an economic recession?

Economics 189

Economics Investing Investments Marketing 189

Advertisement

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!

Management

The Big Picture

APRIL 22, 2023

 This week, we speak with Brian Hamburger , founder and chief executive officer of the business / regulatory compliance consultancy MarketCounsel , as well as the founder and chief counsel of the Hamburger Law Firm, a boutique law firm that focuses on investment and securities industry matters. Hamburger also hosts the MarketCounsel Summit , which has been called “ the Davos of wealth management.

Wealth Management 299

Wealth Management Compliance Financial Market Investing 299

Abnormal Returns

APRIL 28, 2023

Venture capital Ted Seides talks biotech investing with Rod Wong is the founder and Managing Partner of RTW Investments. (capitalallocators.com) Eric Newcomer talks climate investing with Albert Wenger of USV. (newcomer.co) Business Meb Faber talks with Sam Zell about the real estate market including private REITs. (mebfaber.com) David Rosenthal and Benjamin Gilbert talk gaming business models with Mitch Lasky and Blake Robbins of Benchmark Capital.

Investing 219

Investing Investments Medical Marketing 219

Nerd's Eye View

APRIL 28, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" — this week’s edition kicks off with the news that following previous guidance regarding obligations under Regulation Best Interest (Reg BI) regarding account recommendations and conflicts of interest, the SEC released a new bulletin this week focusing on the duty to care.

Financial Planner 179

Financial Planner CFP Retirement Retirement Planning 179

The Reformed Broker

APRIL 27, 2023

Final Trades: Amazon, UnitedHealth, Honeywell & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

200

200

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

Financial Planning

The Big Picture

APRIL 26, 2023

In the never-ending battle of market narratives, new ideas get introduced and old ideas are resurrected as necessary. One of the most persistent criticisms of US equities has been how narrow the gains have been, driven primarily by mega-cap tech stocks. You probably know variations of this argument as “ FAANMG! ” There is some truth to the claim that the biggest companies have been pulling markets along; YTD cap-weighted indices are substantially outperforming equal weight.

Portfolio Management 288

Portfolio Management Marketing Marketing Portfolio 288

Abnormal Returns

APRIL 26, 2023

Podcasts Christine Benz and Jeff Ptak talk with Jill Schlesinger author of "The Great Money Reset: Change Your Work, Change Your Wealth, Change Your Life." (morningstar.com) Peter Lazaroff talks 'simple investing' with Rick Ferri. (peterlazaroff.com) Morgan Housel on what our brains really want. (open.spotify.com) Rates Why your checking account doesn't pay any interest.

Risk Management 215

Risk Management Accounting Investing Investments 215

Calculated Risk

APRIL 25, 2023

The Census Bureau reports New Home Sales in March were at a seasonally adjusted annual rate (SAAR) of 683 thousand. The previous three months were revised down slightly, combined. Sales of new single‐family houses in March 2023 were at a seasonally adjusted annual rate of 683,000 , according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

Sales 145

Sales 145

The Reformed Broker

APRIL 25, 2023

Final Trades: UnitedHealth, Johnson & Johnson & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

189

189

Advertisement

Generative AI (Artificial Intelligence) is poised to revolutionize the world of business lending. By understanding the impact and possibilities of Generative AI in business lending, banks can stay ahead of the curve and make informed decisions. Generative AI has the potential to revolutionize how lenders make credit decisions, automate loan processes, and provide personalized customer experiences.

Banking

The Big Picture

APRIL 28, 2023

Today, I am interviewing Peter Borish, one of the legends of trading & investing: Founding partner and right-hand man to Paul Tudor Jones at Tudor Investment Corporation; he was Director of Research for 10 years. He was the founding Trustee of the Robin Hood Foundation in 1988He was also Chairman and CEO of Computer Trading Corporation, an investment and advisory firm whose largest consulting client is the Canadian Imperial Bank of Commerce (CIBC).

Investing 278

Investing Investments Commission Banking 278

Abnormal Returns

APRIL 25, 2023

IPOs Do VC-backed IPOs outperform? It depends on if the VCs stick around. (papers.ssrn.com) The track record for SPACs isn't great. (advisorperspectives.com) Mutual funds Expense ratios do a good job of sorting mutual fund performance. (morningstar.com) Active funds with the lowest fees tend to outperform high cost counterparts. (advisorperspectives.com) Comparing the performance of team-managed and single-manager hedge funds.

Assets 212

Assets Accounting Marketing Marketing 212

Calculated Risk

APRIL 28, 2023

Fannie Mae reported that the Single-Family Serious Delinquency decreased to 0.59% in March from 0.62% in February. The serious delinquency rate is down from 1.01% in March 2022. This is below the pre-pandemic levels. These are mortgage loans that are "three monthly payments or more past due or in foreclosure". The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 143

Portfolio 143

The Reformed Broker

APRIL 26, 2023

Final Trades: 3M, Exxon, CarMax & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

183

183

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

Management

The Big Picture

APRIL 25, 2023

  The transcript from this week’s, MiB: Brian Hamburger, MarketCounsel , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is “Masters in Business” with Barry Ritholtz on Bloomberg Radio.

Compliance 162

Compliance Wealth Management Clients Investing 162

Abnormal Returns

APRIL 27, 2023

Strategy Knowing when a recession will hit doesn't help you much when it comes to timing the stock market. (bloomberg.com) Cash is not a passive investment. (disciplinefunds.com) Attention The stock market regularly hypes up new market narratives. (investmenttalk.substack.com) The economy is always uncertain. (milehighfinanceguy.com) Don't give your attention away for free.

Financial Advising 187

Financial Advising Economy Insurance Education 187

Calculated Risk

APRIL 28, 2023

Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both through March 2023: CPI Shelter was up 8.2% year-over-year in March, up from 8.1% in February. Housing (PCE) was up 8.3% YoY in March, from 8.2% in February. Since rents are soft and " Apartment Market Continues to Loosen " this means both CPI and PCE measures are currently overstating actual inflation.

Marketing 142

Marketing Marketing 142