Darrow Wealth Management

NOVEMBER 11, 2024

Updated for 2024 – 2025. Investors often ask: should I be making nondeductible IRA contributions? In the vast majority of cases the answer is no. Why non-deductible? Because many taxpayers earn too much to make pre-tax IRA contributions as they have a 401(k) at work. Although any investor with earned income can make a non-deductible contribution to an IRA (up to $7,000 in 2024-2025 if under age 50) and still take advantage of tax-deferred growth, it still may not be advisable.

Taxes 79

Taxes Distribution Retirement Retirement Planning 79

The Big Picture

NOVEMBER 15, 2024

 This week, we speak with Colin Camerer , Robert Kirby Professor of Behavioral Finance and Economics at California Institute of Technology. Prior to joining Caltech in 1994, Camerer was a faculty member at various institutions including the University of Chicago GSB and the Kellogg Graduate School of Business at Northwestern University, and held a visiting professorship at Oxford University.

Portfolio Management 316

Portfolio Management Economics Portfolio Assets 316

Nerd's Eye View

NOVEMBER 15, 2024

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the latest Fidelity RIA Benchmarking Study shows that while RIAs saw gains in AUM and revenue last year, their operating margins tightened, suggesting that rising expenses are cutting into firm profits. The study also looked at what “high performing” firms are doing differently than their peers, finding that these firms have a higher close rat

Financial Planner 223

Financial Planner Asset Allocation Taxes Tax Planning 223

Abnormal Returns

NOVEMBER 13, 2024

Podcasts Dan Haylett talks retirement transitions with Victoria Barker, co-founder of Beyond Your Career. (humansvsretirement.com) Katie Gatti Tassin talks money dysmorphia with Clay Cockrell, a therapist for the ultra high-net worth crowd. (podcast.moneywithkatie.com) Home ownership Should you put down more than 20% on a new home? (ofdollarsanddata.com) Add rising HOA fees to the rising costs of home ownership.

Retirement 167

Retirement Insurance Planning 167

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Accounting

NAIFA Advisor Today

NOVEMBER 12, 2024

A recent study supported by the American Council of Life Insurers (ACLI), and conducted by economists Mark Warshawsky and Gaobo Pang, reveals that retirees could see better financial outcomes by incorporating annuities into their retirement income strategy, rather than relying solely on the traditional “4% rule.” This research underscores the importance of a diversified approach to retirement, especially in light of market fluctuations, inflation, and the uncertainty around life expectancy.

Retirement 138

Retirement Insurance Marketing Marketing 138

Calculated Risk

NOVEMBER 13, 2024

From the NY Fed: Household Debt Rose Modestly; Delinquency Rates Remain Elevated The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The report shows total household debt increased by $147 billion (0.8%) in Q3 2024, to $17.94 trillion. The report is based on data from the New York Fed’s nationally representative Consumer Credit Panel.

Economics 123

Economics Retail Banking Accounting 123

Abnormal Returns

NOVEMBER 12, 2024

Corporate finance Why companies are staying private longer. (marginalrevolution.com) A review of "The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed" by Baruch Lev and Feng Gu. (blogs.cfainstitute.org) Private equity Quants are turning their attention to model private equity returns. (bloomberg.com) The problem with IRR for private equity funds.

Financial Advisor 167

Financial Advisor Investments Investing Marketing 167

A Wealth of Common Sense

NOVEMBER 12, 2024

The S&P 500 is up 27% in 2024. We’re quickly closing in on a 30% gain for the calendar year. How rare is that feat? It happens more often than you would think. Here’s a look at every calendar year return on the S&P 500 going back to 1928: The 30% gains are highlighted. By my count, there were 18 years in which the stock market finished with a gain of 30% or more.

Marketing 141

Marketing Marketing 141

Wealth Management

NOVEMBER 14, 2024

The influence of content marketing goes well beyond simple brand awareness; it is a crucial asset for educating, engaging and building trust with both prospective clients and colleagues.

Marketing 124

Marketing Marketing Education Assets 124

Nerd's Eye View

NOVEMBER 11, 2024

To sustain firm growth, financial advisors often face a dilemma: to focus on what originally drew them to the profession – like financial planning – they often must first do an extensive amount of business development. Marketing activities such as brand development, event planning, and content strategy often demand skills outside advisors' typical expertise and interest.

Marketing 205

Marketing Marketing Communication Engineering 205

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 11, 2024

Podcasts Brendan Frazier talks with Meghaan Lurtz about building a screening process to identify perfect prospects. (podcasts.apple.com) Daniel Crosby talks the racial wealth grap with Adam Tolliver who is a Partner Financial Advisor at Artisan Financial Strategies. (standarddeviationspod.com) The biz Fidelity is crushing it. (riabiz.com) What is the target market for MAGA-centric Strive Wealth Management?

Wealth Management 157

Wealth Management Estate Planning Tax Planning Financial Advisor 157

NAIFA Advisor Today

NOVEMBER 15, 2024

Colin Aubin’ s path to success in financial services is rooted in a strong family foundation, an early background in competitive sports, and a commitment to community impact. Raised in Orland Park, Illinois, Colin’s values were shaped by a family deeply committed to service and education. His mother, Donna, was a dedicated teacher who spent over three decades shaping young minds, while his father, Tom, worked in finance as a CFO.

Financial Services 98

Financial Services Education Financial Planning Planning 98

Wealth Management

NOVEMBER 15, 2024

The AdviceTech.Live virtual conference and its slick platform showcased plenty of useful third-party technology, and it was free for advisors.

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Nerd's Eye View

NOVEMBER 12, 2024

Welcome everyone! Welcome to the 411th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Larry Kriesmer. Larry is the Chairman of Measured Risk Portfolios, an RIA based in San Diego, California, that oversees $350 million in assets under management for a combination of internal retail clients and external financial advisor clients.

Clients 130

Clients Financial Advisor Marketing Marketing 130

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 15, 2024

Markets The equity risk premium has fallen. (mrzepczynski.blogspot.com) The S&P SmallCap 600 index is 30 years old. (spglobal.com) Finance Elon Musk's xAI and SpaceX are getting a valuation boost. (ft.com) Is private credit in a bubble? (alphaarchitect.com) How the activist short selling ecosystem works. (on.ft.com) Fund management 2024 could see $1 trillion in U.S.

Financial Advising 144

Financial Advising Valuation Food Media 144

Carson Wealth

NOVEMBER 14, 2024

As we age, the prospect of needing assistance with daily activities becomes more likely. Planning for long-term care (LTC) ensures that you or your loved ones will have access to the support needed, while avoiding financial strain. Below, we’ll explore some common questions about long-term care, including who will need it, the associated costs, and how you can plan more effectively.

Planning 95

Planning Medical Insurance Financial Advisor 95

Wealth Management

NOVEMBER 14, 2024

The alternative asset manager is launching its first interval fund and serving as a core independent manager on another as it looks to develop new products.

Retail 119

Retail Marketing Marketing Assets 119

A Wealth of Common Sense

NOVEMBER 15, 2024

Politicians don’t control the stock market. When stocks go up presidents get too much credit and when they go down they get too much blame. It’s mostly circumstantial depending on the timing of cycles and such. But the markets move faster than ever these days. Investors are constantly pricing in the future, sometimes right, sometimes wrong, yet never in doubt.

Marketing 129

Marketing Marketing 129

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

Abnormal Returns

NOVEMBER 15, 2024

Listening Spotify ($SPOT) is now solidly profitable. (sherwood.news) Happy one year anniversary to Barry Ritholtz's 'At the Money' podcast. (ritholtz.com) Companies Patrick O'Shaughnessy talks with Ernie Garcia who is the co-founder and CEO of Carvana ($CVNA). (joincolossus.com) Stephan Clapham talks with Lionel Barber author of the forthcoming "Gambling Man: The Secret Story of the World's Greatest Disruptor, Masayoshi Son.

Portfolio 144

Portfolio Portfolio Management Management Investments 144

Advisor Perspectives

NOVEMBER 15, 2024

Nominal retail sales in October were up 0.40% month-over-month (MoM) and up 2.85% year-over-year (YoY). However, after adjusting for inflation, real retail sales were up 0.15% MoM and up 0.27% YoY.

Retail 110

Retail Sales 110

Wealth Management

NOVEMBER 13, 2024

The Counselors of Real Estate identified some key trends to keep in mind for anyone considering investing in commercial real estate.

Investments 119

Investments Investing 119

Calculated Risk

NOVEMBER 13, 2024

Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year. This declined, but is still elevated, and is now up 4.5% YoY. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through September 2024.

Food 122

Food Accounting 122

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

NAIFA Advisor Today

NOVEMBER 12, 2024

NAIFA’s Lifetime Healthcare Center is presenting “The Peak 65 Series: Impact Day for Lifetime Healthcare,” a one-day virtual event, November 19, beginning at 11 am eastern. It features a dozen 20-minute TED Talk-like presentations covering timely topics on the financial implications of longevity and aging. Presenters include recognized thought leaders offering insights on long-term care, disability income, hybrid insurance products, Medicare, federal and state legislative and regulatory consider

Healthcare 105

Healthcare Financial Services Insurance 105

Advisor Perspectives

NOVEMBER 15, 2024

Industrial production was down 0.3% in October, coming right in line with economist estimates. Compared to one year ago, industrial production is down 0.29%.

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Wealth Management

NOVEMBER 14, 2024

Some big investors use public REITs to gain exposure to property types that are harder to reach through private vehicles.

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Calculated Risk

NOVEMBER 14, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-November 2024 A brief excerpt: This 2-part overview for mid-October provides a snapshot of the current housing market. I always focus first on inventory, since inventory usually tells the tale ! I’m watching months-of-supply closely. New home inventory, as a percentage of total inventory, is still very high.

Marketing 110

Marketing Marketing Numbers Sales 110

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Planning

A Wealth of Common Sense

NOVEMBER 14, 2024

We also talked about the impact of the deficit on the stock market, how tariffs work, the long-term trend of interest rates and how to fix government debt levels. Further Reading: The Relationship Between Wages and Inflation The post Is the United States Going Broke? appeared first on A Wealth of Common Sense.

Government 96

Government Marketing Marketing 96

Advisor Perspectives

NOVEMBER 14, 2024

US producer prices picked up in October, fueled in part by gains in portfolio management costs and other categories that feed into the Federal Reserve’s preferred inflation gauge.

Portfolio Management 98

Portfolio Management Portfolio Management 98

Wealth Management

NOVEMBER 13, 2024

While it joins a profusion of AI-powered communications applications, the startup's advisors have plenty of industry experience.

Startup 115

Startup Communication 115

NAIFA Advisor Today

NOVEMBER 14, 2024

Peter Wood is an accomplished financial advisor and active member of NAIFA with over a decade of experience in the industry. Starting as a multi-line captive agent, he now co-owns a multi-state firm that spans over 12 states and runs a mastermind coaching program for insurance agents. Apart from insurance, Peter coaches competitive bands and drumlines, matching his passion for mentorship in music with his professional endeavors.

Insurance 98

Insurance Financial Advisor 98

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