Validea

MAY 21, 2025

When evaluating stocks, many investors are familiar with the price-to-earnings (P/E) ratio a classic valuation metric. But flip that ratio and you get the sometimes overlooked metric: earnings yield. In this article, well break down what earnings yield is, why it can be more useful than the P/E ratio in certain contexts, and how you can use it to find potentially undervalued stocks, whether it be using the tools on Validea or other research services.

Valuation 52

Valuation Investments Investing Accounting 52

Calculated Risk

MAY 19, 2025

Altos reports that active single-family inventory was up 1.5% week-over-week. Inventory is now up 22.9% from the seasonal bottom in January and is increasing. Usually, inventory is up about 13% from the seasonal low by this week in the year. So, 2025 is seeing a larger than normal pickup in inventory. The first graph shows the seasonal pattern for active single-family inventory since 2015.

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Wealth Management

MAY 21, 2025

According to the Justice Department, Julie Anne Darrah would target elderly clients (some of whom were receiving end-of-life care), earn their trust and then steal their money.

Clients 277

Clients 277

The Big Picture

MAY 21, 2025

Few outsiders think new stores, no matter how well-conceived, will get Apple back on the hot-growth path… Maybe its time Steve Jobs stopped thinking quite so differently. BusinessWeek , May 21, 2001 24 years to the day — May 21, 2001 — a Businessweek1 commentary explained why the newfangled Apple Stores were destined to fail. This pronouncement motivated subsequent blog posts (notably in 2005 and 2021 ) and a full chapter in “ How Not to Invest.” In the spirit of t

Retail 207

Retail Media Electronics Investments 207

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Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

Accounting

Abnormal Returns

MAY 21, 2025

Podcasts Christine Benz talks with JL Collins about the revised edition of "The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life." (morningstar.com) Dan Haylett talks with Fritz Gilbert about his 10 Commandments of Retirement. (podcasts.apple.com) Peter Lazaroff talks with Mark Higgins, author of "Investing in U.S.

Estate Planning 162

Estate Planning Financial Services Education Retirement 162

Calculated Risk

MAY 21, 2025

Today, in the Real Estate Newsletter: In Q1 2025, 19% of Units Started Built-for-Rent were Single Family Brief excerpt: Along with the monthly housing starts report for April released last week, the Census Bureau also released Housing Units Started by Purpose and Design through Q1 2025. The first graph shows the number of single family and multi-family units started with the intent to rent.

Numbers 263

Numbers 263

Nerd's Eye View

MAY 19, 2025

Training programs for new financial advisors have traditionally followed a sales-focused, sink-or-swim approach that primarily paid on commission for product sales. While some of these programs still exist, the role of an associate advisor has evolved alongside the broader financial planning profession. In many advisory firms today, associate advisors don't begin with prospecting or running client meetings; instead, they start with back-end technical work, such as financial plan preparation, bef

Financial Planning 148

Financial Planning Communication Certification Clients 148

The Big Picture

MAY 22, 2025

At The Money: The Art of Spending Money with Morgan Housel (May 22, 2025) Is there an art to spending your own money? We spend a lot of time discussing earning and investing money, but how often do we really think deeply about spending it? Morgan Housel wrote a new book, The Art of Spending Money, Simple Choices for a Richer Life. It arrives in October, where he discusses just that.

Food 147

Food Valuation Investments Investing 147

Calculated Risk

MAY 22, 2025

Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 4.00 million SAAR in April; Down 2.0% YoY Excerpt: Sales in April (4.00 million SAAR) were down 0.5% from the previous month and were 2.0% below the April 2024 sales rate. This was the 3rd consecutive month with a year-over-year decline in sales. Sales Year-over-Year and Not Seasonally Adjusted (NSA) The fourth graph shows existing home sales by month for 2024 and 2025.

Sales 253

Sales 253

Wealth Management

MAY 22, 2025

A financial advisor's journey from reluctant video marketer to strategic content creator, using targeted videos to connect with clients and prospects.

Financial Advisor 246

Financial Advisor Clients Marketing Marketing 246

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

Accounting

Abnormal Returns

MAY 21, 2025

Markets High yield bonds have bounced back. (morningstar.com) Short interest is ticking higher. (ft.com) Companies Retailers have only so much margin to sacrifice to tariffs. (nytimes.com) Some additional tariff math. (axios.com) AI OpenAI is buying Jony Ive's AI startup. (theverge.com) Google ($GOOGL) has a big AI lever to pull - Chrome. (spyglass.org) What does CoreWeave ($CRWV) actually do?

Math 194

Math Budgeting Startup Media 194

The Big Picture

MAY 20, 2025

The transcript from this weeks, MiB: John Montgomery, Bridgeway Capital Management , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ Bloomberg Audio Studios, podcasts, radio News.

Management 130

Management Numbers Transportation Accounting 130

Calculated Risk

MAY 19, 2025

From Matthew Graham at Mortgage News Daily: Mortgage Rates Briefly Over 7% Before Mid-Day Improvement Mortgage rates jumped sharply over the weekend as financial markets reacted to Moody's credit rating downgrade of the U.S. News of the downgrade broke with only minutes left in Friday's market/business day, so most of the response played out when global markets opened again late last night.

Economics 191

Economics Financial Market Marketing Marketing 191

Wealth Management

MAY 21, 2025

A summary of a recent U.S. Tax Court case in which a taxpayer's charitable deduction was allowed despite an unqualified appraisal.

Taxes 232

Taxes 232

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Management

Abnormal Returns

MAY 22, 2025

Books An excerpt from "Empire of AI: Dreams and Nightmares in San Altman's OpenAI." (theatlantic.com) An excerpt from "Superbloom: How Technologies of Connection Tear Us Apart" by Nicholas Carr. (behavioralscientist.org) Insights from Laura Spinneys new book, "Proto: How One Ancient Language Went Global." (slate.com) An excerpt from Tiffany Watt Smiths new book, "Bad Friend: How Women Revolutionized Modern Friendship.

Media 147

Media 147

The Big Picture

MAY 19, 2025

My back-to-work morning train WFH reads: The Stealthy Lab Cooking Up Amazons SecretSauce : The online giant bought a mysterious chip startup 10 years ago. It now looks like one of the smartest deals in tech history. ( Wall Street Journal ) Warren Buffett Reveals He Stepped Down After Finally Feeling His Age : The legendary investor, 94, opens up about his decision to hand the top job to Greg Abel; How do you know the day that you become old?

Engineering 130

Engineering Startup Manufacturing Assets 130

Calculated Risk

MAY 21, 2025

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI April 2025: Billings continue to decline at architecture firms The AIA/Deltek Architecture Billings Index (ABI) score declined to 43.2 for the month. Billings have declined for 28 of the last 31 months, since they first dipped back into negative territory following the post-pandemic boom.

Economy 162

Economy Numbers Economics Investments 162

Wealth Management

MAY 21, 2025

Ryan Nauman is joined by Joe Mallen, CEO of Modelist, to discuss the evolving landscape of wealth management and the increasing importance of customizable model portfolios, transparency, proactive communication, and adaptability in modern wealth management practices.

Portfolio 228

Portfolio Wealth Management Communication Management 228

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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

Clients

Abnormal Returns

MAY 22, 2025

Markets Japanese government bond yields are soaring. (ft.com) 30-year Treasury yields hit levels not seen since 2007. (axios.com) Joe Weisenthal and Tracy Alloway talk with Steven Englander about why yields are rising around the world. (podcasts.apple.com) Strategy Investors learn the wrong lessons from bull markets. (novelinvestor.com) What to invest in when everything looks unattractive?

Investments 147

Investments Investing Media Government 147

A Wealth of Common Sense

MAY 22, 2025

We also discussed why investors are buying the dip more often, the future of retail trading, how tax-deferred retirement accounts will evolve and how AI will change the wealth management landscape. Further Reading: Two of the Biggest Trends This Decade The post The Dumb Money Isn’t So Dumb Anymore appeared first on A Wealth of Common Sense.

Wealth Management 102

Wealth Management Retail Retirement Accounting 102

Calculated Risk

MAY 21, 2025

The ICE Home Price Index (HPI) is a repeat sales index. ICE reports the median price change of the repeat sales. From ICE (Intercontinental Exchange): Annual home price growth nationally slowed to 1.6% in May from 2% in April, as inventory surpluses that began in the Sunbelt spread to the West. 40% of the nations largest housing markets experienced seasonally adjusted month-over-month price declines from April to May, including 23 of the 24 top markets in the West The number of markets with ye

Sales 147

Sales Numbers Marketing Marketing 147

Wealth Management

MAY 21, 2025

There are real-world consequences to entering into a complex marriage without a prenup or financial plan.

Financial Planning 264

Financial Planning Planning 264

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.

Management

Abnormal Returns

MAY 19, 2025

Podcasts Michael Kitces talks with Ed Slott about the benefits of becoming an IRA expert. (kitces.com) Matt Zeigler and Jack Forehand talk with Wade Pfau about the dangers of sequence of returns risk. (youtube.com) Advisortech How Robinhood's ($HOOD) robo-advisor works in practice. (riabiz.com) Basic Capital wants to bring leverage to your 401(k) plan.

CFP 147

CFP Clients Planning Sales 147

A Wealth of Common Sense

MAY 23, 2025

I’ve been writing lately about how investors have continued to buy the dip anytime the stock market falters (see here and here).1 We keep hitting record after record for investor inflows. This is from Bloomberg: Retail traders went on a record dip buying spree Monday, reversing a 1% decline in the S&P 500 Index triggered by the US credit downgrade from Moody’s Ratings late last week.

Retail 105

Retail Marketing Marketing 105

Calculated Risk

MAY 22, 2025

From the NAR: Existing-Home Sales Edged Lower by 0.5% in April Existing-home sales slowed in April, according to the National Association of REALTORS. Sales dipped in the Northeast and West, grew in the Midwest and were unchanged in the South. Year-over-year, sales declined in three regions and remained steady in the Northeast. Total existing-home sales completed transactions that include single-family homes, townhomes, condominiums and co-ops slipped 0.5% from March to a seasonally adjusted a

Sales 165

Sales 165

Wealth Management

MAY 22, 2025

Wealth management tech provider Addepar buys Arcus to accelerate AI integration across its platform, following a $230 million funding round.

Startup 237

Startup Wealth Management Management 237

Speaker: Cheryl J. Muldrew-McMurtry

Remote finance teams are rewriting how the back-office runs—and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats have become more than just “growing pains”. They’re now liabilities. The challenge isn’t just team distribution, but building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

Distribution

Nerd's Eye View

MAY 20, 2025

Welcome everyone! Welcome to the 438th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Nikki Savage. Nikki is a senior director in the Tampa, Florida, office of the RIA Sequoia Financial Group, where she manages approximately $150 million in assets under management for 100 client households. What's unique about Nikki, though, is how she has been able to boost client retention and satisfaction by asking key questions that help her reach a deeper level of understa

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Clients Financial Advisor Management Assets 130

Advisor Perspectives

MAY 23, 2025

Cathie Wood’s funds made their biggest purchase of Taiwan Semiconductor Manufacturing Co. shares in nearly a year, underscoring a change in stance from being mostly sellers of the chipmaker since the third quarter of last year.

Manufacturing 81

Manufacturing 81

Calculated Risk

MAY 19, 2025

There were still a large number of ships unloading in April. We should see a sharp drop in May traffic due to the tariffs. Container traffic gives us an idea about the volume of goods being exported and imported - and usually some hints about the trade report since LA area ports handle about 40% of the nation's container port traffic. The following graphs are for inbound and outbound traffic at the ports of Los Angeles and Long Beach in TEUs (TEUs: 20-foot equivalent units or 20-foot-long cargo

Retail 147

Retail Numbers 147

Wealth Management

MAY 22, 2025

Advisors can help themselves and their clients by becoming better at providing advice, be it in America or down under.

Retirement 261

Retirement Clients 261

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.

Numbers