Random Roger's Retirement Planning

NOVEMBER 20, 2024

Bill Bengen, known for deriving the 4% rule sat for a podcast with Sam Dogen , a well known FIRE proponent and blogger. The 4% rule is generally the accepted standard for a safe withdrawal rate in retirement to ensure the assets last for 30 years. Listen to the podcast. Their conversation was very illuminating. Get ready to be very surprised. Bengen retired as a financial advisor in 2013 but he also considers himself a researcher.

Retirement 52

Retirement Retirement Planning Clients Engineering 52

Nerd's Eye View

NOVEMBER 18, 2024

In recent years, AI has become an increasingly common feature in advisor technology. The possibilities at the intersection of AI and financial advice are exciting – faster processes, better connections, less time on ‘busy work’ – but also come with uncertainty about the future of the field. What might the field of financial advice even look like in 10 years?

Financial Advice 219

Financial Advice Clients Portfolio Marketing 219

The Big Picture

NOVEMBER 18, 2024

Well, that was a lot more fun than I expected! I submitted the final manuscript for my new book, How Not to Invest , last week. The final edit will involve some back-and-forth, but the writing is finished. I recall “ Bailout Nation ” as more of a slog, in part because so much of it happened in real-time. I constantly rewrote entire chapters as various companies blew up.

Investments 217

Investments Investing Media 217

Abnormal Returns

NOVEMBER 20, 2024

Podcasts Sam Dogen talks the 4% rule with Bill Bengen. (sites.libsyn.com) Frazer Rice talks with Christine Benz author of "How to Retire" (podcasts.apple.com) Carl Richards talks money and more with journalist Kara Swisher. (50fires.com) Retirement Gray divorce can have a huge effect on your retirement. (nytimes.com) Taxes in retirement only get more complicated.

Estate Planning 157

Estate Planning Retirement Marketing Marketing 157

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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Accounting

Wealth Management

NOVEMBER 20, 2024

New tools automate the process of personalizing service and communications to improve the advisor-client relationship.

Financial Advisor 130

Financial Advisor Communication Clients 130

Nerd's Eye View

NOVEMBER 19, 2024

Welcome everyone! Welcome to the 412th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Anjali Jariwala. Anjali is the Founder of FIT Advisors, an RIA based in Torrance, California (but works virtually with clients nationwide) and oversees $65 million in assets under management for 45 client households. What's unique about Anjali, though, is how she has tripled her annual revenue from $250,000 to $750,000 during the past 6 years, while only adding a net of 10 cli

Clients 183

Clients Financial Advisor Business Planning Taxes 183

Abnormal Returns

NOVEMBER 18, 2024

Podcasts Daniel Crosby talks with Christina Lynn about Motivational Interviewing in order to enhance the work of wealth advisors. (standarddeviationspod.com) Brendan Frazier talks with Doug and Heather Boneparth about the keys to success for a couple. (podcasts.apple.com) Bogumil Baranowski talks with Justin Castelli about living an authentic life. (justincastelli.io) Taxes Some speculation on what is next for the TCJA.

Wealth Management 144

Wealth Management Wealth Advisor Tax Planning Taxes 144

Wealth Management

NOVEMBER 19, 2024

The deal marks Robinhood’s entrance into the wealth management space, as it aims to connect its investors with human advisors.

Wealth Management 122

Wealth Management Management 122

Nerd's Eye View

NOVEMBER 22, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that amidst a rare change in leadership at Charles Schwab, the outgoing and incoming CEOs hinted at relatively minor changes during remarks for advisors at its annual IMPACT conference this week, including an increased focus on lending services for high-net-worth clients and a desire to expand direct access to cryptoassets.

Financial Planner 197

Financial Planner Retirement Retail Retirement Planning 197

Calculated Risk

NOVEMBER 21, 2024

From the NAR: Existing-Home Sales Grew 3.4% in October; First Year-Over-Year Gain Since July 2021 Existing-home sales rose in October, according to the National Association of REALTORS®. Sales improved in all four major U.S. regions. Year-over-year, sales elevated in three regions but were unchanged in the Northeast. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – expanded 3.4% from September to a seasonally adjusted annua

Sales 116

Sales 116

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Assets

Abnormal Returns

NOVEMBER 19, 2024

Bonds Shorting low quality credit is not the same as shorting equities. (mailchi.mp) What does the VIX tell us about corporate bond spreads? (mrzepczynski.blogspot.com) Bond and equity ETF liquidity is different. (papers.ssrn.com) Private credit Is private credit in a bubble? (alphaarchitect.com) Why publicly traded vehicles for private credit don't work as well.

Assets 144

Assets 144

Advisor Perspectives

NOVEMBER 20, 2024

Top financial professionals have a clear understanding of their unique strengths and are able to convey them to clients. To set yourself up for success, distinguish yourself in the market through specialized expertise and tailored client services.

Clients 119

Clients Marketing Marketing 119

Nerd's Eye View

NOVEMBER 20, 2024

Investment advisers are fiduciaries that owe a duty of care and loyalty to their clients. One component of this duty of care is an obligation to seek best execution of client securities transactions. While this requirement might sound relatively straightforward, the lack of a single definition for what this duty actually requires can make it challenging for advisers seeking to understand precisely what it means to comply with this responsibility.

Fiduciary Duty 181

Fiduciary Duty Clients Commission Accounting 181

Calculated Risk

NOVEMBER 20, 2024

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 15, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 1.7 percent on a seasonally adjusted basis from one week earlier.

Sales 120

Sales Marketing Marketing 120

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Management

Abnormal Returns

NOVEMBER 19, 2024

Markets The U.S. stock market is constantly doubted, evidence to the contrary. (awealthofcommonsense.com) You can't have a bubble without this group of investors. (behaviouralinvestment.com) Finance Portfolio trading is a growing force in credit markets. (ft.com) Robinhood ($HOOD) is buying TradePMR. (investmentnews.com) ETFs The filing for the SSGA Bridgewater All Weather ETF is live.

Media 144

Media Numbers Portfolio Marketing 144

Wealth Management

NOVEMBER 20, 2024

Five issues to consider.

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116

A Wealth of Common Sense

NOVEMBER 19, 2024

The best compliment I can offer any financial writer: I wish I had written that. I’ve had that thought about John Rekenthaler’s work numerous times over the years. I’ve always admired his common sense, straight-shooter approach to investment writing. Last week, Rekenthaler penned his farewell column for Morningstar. Instead of providing a retrospective on his own career, he wrote an ode to the U.S. stock.

Investing 104

Investing Investments Marketing Marketing 104

Covisum

NOVEMBER 22, 2024

We’re getting a lot of questions about the Social Security Fairness Act (HR 82) which repeals the Government Pension Offset and Windfall Elimination Provision. This bill passed the house on November 12 th , just 6 days after the election by a wide margin of 327-75.

Government 111

Government 111

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

Calculated Risk

NOVEMBER 19, 2024

From housing economist Tom Lawler: According to CME FedWatch , the “market-based” probability that the FOMC will cut its federal funds rate target by 25 bp at its December meeting is about 59%. Folks will also play close attention to the release of the FOMC’s Summary of Economic Projections (SEP) from meeting participants. Below is a table showing some of the key projections from the last four SEPs.

Economics 105

Economics Marketing Marketing 105

Wealth Management

NOVEMBER 20, 2024

Help prevent your elderly clients from falling victim to fraud.

Clients 116

Clients 116

Advisor Perspectives

NOVEMBER 20, 2024

Gen Z and millennials are widely considered to be the most diverse and socially conscious generations yet. They are vocal about their interest in driving social impact. And their values and priorities dictate their actions, all of which are actively shaping the future.

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107

Discipline Funds

NOVEMBER 20, 2024

Here is one thing I think I am thinking about three times. 1) The money supply as the cost of capital. In a recent interview MicroStrategy CEO Michael Saylor was criticizing Warren Buffett’s cash management. Buffett has a colossal cash hoard of $325B sitting in T-Bills earning 4.5%. Saylor, on the other hand, invests his cash in Bitcoin. He justifies this “cash management” by arguing that his “cost of capital” is 15%.

Insurance 95

Insurance Government Assets Management 95

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

A Wealth of Common Sense

NOVEMBER 17, 2024

People are terrible at self-regulation and self-awareness when it comes to eating. One study asked people how much bread they ate after leaving an Italian restaurant. Nearly one-third of the diners couldn’t recall how much they had. And 12% of the people who ate bread denied having eaten any at all. When asked how much food they consumed in a meal, people of average weight assume they’ve eaten 20% less than th.

Portfolio 106

Portfolio Food 106

Wealth Management

NOVEMBER 19, 2024

Clients increasingly view estate planning as a core element of holistic wealth management, not just a one-time task, according to a survey from online estate planning platform Vanilla.

Estate Planning 116

Estate Planning Planning Wealth Management Clients 116

Alpha Architect

NOVEMBER 22, 2024

The bottom line is that returns to the low volatility anomaly have only justified investing when low-volatility stocks were in the value regime, after periods of strong market performance, and when they excluded high-volatility stocks that have low short interest (providing clues as to how to improve its performance). This may be why live funds have been generating large negative alphas once we account for common factor exposures.

Accounting 103

Accounting Investing Investments Marketing 103

Advisor Perspectives

NOVEMBER 21, 2024

The Conference Board Leading Economic Index (LEI) decreased in October to its lowest level since March 2016. The index fell 0.4% from the previous month to 99.5, marking its eighth consecutive monthly decline.

Economics 98

Economics 98

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

Planning

XY Planning Network

NOVEMBER 18, 2024

No matter the size of your business or whether you have no current plans to hire that first team member, it’s never too early to begin or, in some cases, continue defining and evolving your company’s culture. Establishing an ownership mentality mindset is vital to include in your culture.

Accounting 99

Accounting Planning Fee Only Financial Advisor 99

Wealth Management

NOVEMBER 19, 2024

Clients increasingly view estate planning as a core element of holistic wealth management, not just a one-time task, according to a survey from online estate planning platform Vanilla.

Estate Planning 114

Estate Planning Planning Wealth Management Clients 114

Million Dollar Round Table (MDRT)

NOVEMBER 17, 2024

By Jamie McIntyre, CFP When you sell, it implies that the client’s main interest is you. It’s not. What clients want are solutions to help them achieve what they want out of life. They want solutions to their problems and to achieve their goals. The best way to discover clients’ goals, problems and needs is to invest time in them and ask clients questions that are not product-based.

Clients 83

Clients CFP Financial Advisor Insurance 83

Calculated Risk

NOVEMBER 20, 2024

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI October 2024: Business conditions at architecture firms begin to moderate The AIA/Deltek Architecture Billings Index (ABI) score for the month was 50.3 , meaning that the share of firms that reported declining billings was essentially equal to the share of firms that reported increasing billings.

Clients 81

Clients Investing Investments Economics 81

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Clients