Nerd's Eye View

SEPTEMBER 6, 2023

Financial advisory clients are routinely concerned about lurking threats to their hard-earned wealth in the form of a large unforeseen judgment on a liability claim. While asset protection is a popular planning topic for High-Net-Worth (HNW) and ultra-high-net-worth clients, those who are not HNW are susceptible to the same threats to wealth. However, while some protection options come with a high cost (that might not be practical for non-HNW clients), asset protection can come in many forms, so

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Education Assets Clients Estate Planning 231

The Big Picture

SEPTEMBER 6, 2023

 In 2016, I wrote about the novelist and screenwriter William Goldman, and his delightful book, “ Adventures in the Screen Trade.” He is the Academy award-winning scriptwriter who penned such classics as “Butch Cassidy and the Sundance Kid” (1969), “All the President’s Men” (1976), “Marathon Man” (1974), and the cult-favorite “The Princess Bride (1973).

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Distribution Retirement Sales 294

Abnormal Returns

SEPTEMBER 6, 2023

Podcasts Khe Hy talks building long term wealth with Adam Katz. (podcasts.apple.com) Eric Newcomer talks with Rey Flemings, the CEO of the YC-backed startup Myria which serves the ultra-wealthy. (newcomer.co) Morgan Housel talks about the lifecycle of greed and fear. (open.spotify.com) Justin Peters talks with Jesse Cramer about the importance of getting a raise, especially early in your career.

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Retirement Startup Financial Planning Planning 251

The Reformed Broker

SEPTEMBER 8, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Nick Colas, and Downtown Josh Brown discuss Q2 earnings, Moore’s law, interest rates, the future of the automotive market, Steve Cohen, 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 els.

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Marketing Marketing 169

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

Nerd's Eye View

SEPTEMBER 4, 2023

Welcome to the September 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that WiserAdvisor, one of the longest-running lead generation services in the industry, has acquired IndyFin, a startup advisor rating platform that had aspired to be the 'Yelp for Advisors' – whi

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Startup Financial Advisor Clients Financial Planning 223

Abnormal Returns

SEPTEMBER 8, 2023

Strategy Gold is ultimately a bet on global chaos. (morningstar.com) What investors get wrong about the 'Yale Model.' (capitalallocators.com) How much should a fund manager hold in their own strategy? (awealthofcommonsense.com) Retailing Why retail workers are quitting in record numbers. (bloomberg.com) Which helps explain the sorry state of stores.

Financial Advising 249

Financial Advising Retail Numbers Media 249

The Reformed Broker

SEPTEMBER 5, 2023

Wells Fargo cuts Disney’s price target to $110 from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Nerd's Eye View

SEPTEMBER 8, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the SEC this week issued a risk alert outlining how it selects firms to examine, the areas it focuses on during exams, and how it chooses which firm documents to request, details that could ultimately help firms be better prepared for their next exam and make it a shorter, less painful process!

Financial Planner 214

Financial Planner CFP Clients Investment Planning 214

The Big Picture

SEPTEMBER 2, 2023

    This week, we speak with Jonathan Miller, founder and CEO of Miller Samuel , a real estate appraisal & consulting firm founded in 1986. His weekly Housing Notes is widely read among the real estate community of appraisers and agents. We discuss the state of both commercial and residential real estate across the country, the environment for mortgage rates, New York City housing, and his favorite penthouse apartments.

Consulting 169

Consulting Banking Sales Investing 169

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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

Abnormal Returns

SEPTEMBER 7, 2023

Strategy It's hard to overstate the impact of the big tech stocks on the U.S. stock market of late. (theirrelevantinvestor.com) Big tech stocks have their own valuation experience. (wisdomtree.com) Big Tech has messed with factor investors. (advisorperspectives.com) Finance Blackstone ($BX) was early on the AI trend. (institutionalinvestor.com) Should you buy what Softbank is selling, i.e.

Financial Advising 234

Financial Advising Valuation Economy Insurance 234

The Reformed Broker

SEPTEMBER 7, 2023

Final Trades: Oracle, Zoom, Berkshire Hathaway & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Nerd's Eye View

SEPTEMBER 7, 2023

A recent McKinsey report surveying growth in the wealth management industry predicted that the struggles of small RIA firms would increase as larger firms continue to grow and overshadow the industry. again. Although the messaging that smaller RIAs must scale to survive has been offered many times before over the past few decades, many smaller lifestyle firms and solo RIA practices have thrived in their preference to stay small.

Clients 190

Clients Wealth Management Communication Financial Planning 190

The Big Picture

SEPTEMBER 8, 2023

My end-of-week morning train WFH reads: • How Blackstone Sprinted Ahead of Its Peers in AI : Eight years ago, Stephen Schwarzman decided to go all in on artificial intelligence — and never looked back. ( Institutional Investor ) • Autoworkers Have Good Reason to Demand a Big Raise : Their real wages have fallen 30% over the past two decades. But can the Detroit Three really afford to bring back the old days?

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Distribution Media Taxes Investing 141

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

Abnormal Returns

SEPTEMBER 8, 2023

Spotify Spotify ($SPOT) is demonetizing white noise podcasts. (theverge.com) Spotify's ($SPOT) push into podcasts has been drama-filled. (wsj.com) The biz Ten million downloads is a lot for a finance channel. How 'The Compound' got there. (thereformedbroker.com) Sam Dogen talks the business of podcasts with Srini Rao of the Unmistakable Creative Podcast.

Economics 228

Economics Economy Assets Investing 228

A Wealth of Common Sense

SEPTEMBER 8, 2023

Way back in 2017, I wrote about how bananas Canadian housing prices were. This was the chart I used at the time: Canada basically skipped the housing bust from the Great Financial Crisis. Well, things got even more bananas in the ensuing years. Here’s the updated version: Canadian housing prices can remain irrational longer than you can stay solvent or something like that.

Marketing 141

Marketing Marketing 141

Nerd's Eye View

SEPTEMBER 5, 2023

Welcome back to the 349th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Olivia Luper. Olivia is the Founder of Lexicon Advisor Marketing, a virtual outsourced digital marketing company that specializes in working with financial advisors to generate a steady flow of prospects. What's unique about Olivia, though, is how she started out as a ghostwriter creating content for financial advisors and their blogs, but saw first-hand that great content alone doesn't ge

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Financial Advisor Marketing Marketing Media 180

The Big Picture

SEPTEMBER 7, 2023

If ever a week was ripe for delaying your return to the office, it was this one. Hurricane Idalia cleared out the weather up and down the coast, bringing two weeks of clear blue skies and decent surfing (and dangerous rip tides). Then, a heat wave hit the East Coast, raising temperatures to the 90s in New York City. You could have continued your Endless Summer , working remotely in the AM, sneaking out for a few hours of mid-day beach fun, then returning home post-surf to respond to emails and o

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Economy Numbers Clients Planning 130

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

Abnormal Returns

SEPTEMBER 3, 2023

Strategy The math on the 60/40 portfolio looks a lot different than it did a year ago. (awealthofcommonsense.com) There is a difference between picking and choosing. (humbledollar.com) Companies Nvidia ($NVDA) has succeeded with a distributed workforce. (drorpoleg.com) How Amazon's ($AMZN) advertising business got so big. (humbledollar.com) Covid has worked its way through Instacart's business.

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Math Financial Advising Advertising Distribution 229

Calculated Risk

SEPTEMBER 6, 2023

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 1, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.9 percent on a seasonally adjusted basis from one week earlier.

Economy 132

Economy Marketing Marketing 132

A Wealth of Common Sense

SEPTEMBER 7, 2023

A reader asks: My job is to run a concentrated 20 company portfolio (all listed companies, buy and hold, long term horizon etc.). I get a base salary and a bonus for performance. So a good amount of my annual earnings are tied to the performance of the companies I pick. I also have a small personal investment account. My question is around how I should think about investing this – should I use the fact that I spend.

Investing 129

Investing Investments Management Accounting 129

The Big Picture

SEPTEMBER 6, 2023

My mid-week morning train WFH reads: • How BYD snatched Tesla’s crown : BYD dominates the Chinese EV market. Now it’s coming for the world. ( Rest of World ) • The incredible American consumer : The biggest driver of the surprisingly resilient US economy has been the ability and willingness of Americans to shrug off the bad vibes and buy “everything that isn’t nailed down”, as Chris Rupkey puts it.

Strategic Planning 130

Strategic Planning Medicine Economy Consulting 130

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Accounting

Abnormal Returns

SEPTEMBER 5, 2023

Rates How an inverted yield curve affects stock and bond market returns. (mrzepczynski.blogspot.com) Utility stocks are battling higher fixed income yields. (wsj.com) High real yields are hurting the Federal budget deficit. (axios.com) Strategy Dollar-cost averaging makes downturns less painful. (awealthofcommonsense.com) On the mismatch between our investment horizons and our actual behavior.

Financial Advising 228

Financial Advising Budgeting Manufacturing Media 228

Calculated Risk

SEPTEMBER 5, 2023

The BEA released their estimate of vehicle sales for August today. This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the August 2023 seasonally adjusted annual sales rate (SAAR). Heavy truck sales really collapsed during the great recession, falling to a low of 180 thousand SAAR in May 2009. Then heavy truck sales increased to a new record high of 570 thousand SAAR in April 2019.

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Sales Marketing Marketing 132

Meb Faber Research

SEPTEMBER 6, 2023

Episode #498: Liz Ann Sonders on The State of the Markets Guest: Liz Ann Sonders is the Chief Investment Strategist of Charles Schwab. She has a range of investment strategy responsibilities, from market and economic analysis to investor education, all focused on the individual investor. Recorded: 8/16/2023 | Run-Time: 57:07 Summary: In today’s episode, Liz Ann starts […] The post Episode #498: Liz Ann Sonders on The State of the Markets appeared first on Meb Faber Research - Stock

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Marketing Marketing Education Economics 124

Alpha Architect

SEPTEMBER 8, 2023

The correlation between stocks and bonds should be a critical component of any asset allocation decision, as it impacts not only the overall risk of a diversified multi-asset class portfolio but also the risk premia one should expect to receive for taking risk in different asset classes. The problem for investors is that the correlation between stocks and bonds fluctuates extensively across time and economic regimes.

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Asset Allocation Assets Economics Portfolio 125

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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

Abnormal Returns

SEPTEMBER 3, 2023

Top clicks this week How (and where) to hold cash in your portfolio. (morningstar.com) Do you need commodities in your portfolio? (humbledollar.com) Why are mortgage rates so high? (awealthofcommonsense.com) Google ($GOOGL) has dominated seemingly forever. The cracks are showing. (theverge.com) The story of a portfolio manager holding onto Credit Suisse stock too long.

Portfolio Management 227

Portfolio Management Retirement Portfolio Management 227

Calculated Risk

SEPTEMBER 5, 2023

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Single Family Rent Trends at AMH and Invitation Homes A brief excerpt: This article from housing economist Tom Lawler reviews some of the data included in my article last week Asking Rents Down 1.2% Year-over-year and adds some additional data from AMH and Invitation Homes. Below is a table showing single-family rent trends at AMH (formerly American Homes 4 Rent) and Invitation Homes, two large institutional investors in SF rental hom

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The Irrelevant Investor

SEPTEMBER 7, 2023

Technology moves the world forward. For the past decade, it’s done the same thing for the stock market. A lot of time was spent debating if the Fed drove these stocks higher with low interest rates. Another theory is that investors are just chasing returns. And yet another is that index funds are making the big stocks even bigger. Bits and pieces of these theories may be true, but the simplest and best explanation a.

Marketing 121

Marketing Marketing 121