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Weekend Reading For Financial Planners (January 11–12)

Nerd's Eye View

Also in industry news this week: A survey indicates that nearly 71% of new financial advisors drop out in the first 5 years, with firms offering better training and mentorship opportunities (as well as entry-level positions that don't come with business development targets) seeing higher employee retention rates How broker-dealer self-regulatory organization (..)

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Adviser links: our greatest value

Abnormal Returns

Podcasts Michael Kitces talks with James Conole, founder of Root Financial, about attracting clients who have engaged with his educational YouTube videos. billion valuation. kitces.com) Michael Batnick talks tech overload with Kyle Van Pelt, CEO of MileMarker. wealthmanagement.com) Bank of New York Mellon Corp. ($BK)

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Strategy of the Week: The Acquirer’s Multiple – A Deep Value Approach That Thinks Like a Buyer

Validea

Others are based on simplistic valuation metrics that ignore critical elements like debt, cash flow quality, or business fundamentals. Explore these Validea tools and resources: Validea Guru Stock Screener – Find fundamentally attractive stocks across multiple valuation metrics. Not all value strategies are created equal. The result?

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David DeVoe on the State of RIA M&A and How to Maximize Your Firm’s Valuation

Steve Sanduski

In a nutshell: RIA valuations are high. Financial Advisor Career Path Matrix Here’s an example of a detailed career path moving from an entry-level paraplanner to a partner including the suggested education, experience, responsibilities, expectations, and compensation each step of the way. Private equity is everywhere.

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Practical Lessons from Meb Faber | Dividends, Trend Following and a Timeless Asset Allocation

Validea

We discuss: – The limitations of dividend-focused investing strategies – Asset allocation insights from the Talmud – A different perspective on the Fed’s recent performance – Meb’s view on wealth as a means to freedom – The case for significant trend following allocation in portfolios – The question Meb (..)

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Value Hiding in Plain Sight: Undervalued Opportunities Within the S&P 500

Validea

Their dominance has fueled strong index-level returns – but also led to stretched valuation multiples across the broader market. Other valuation metrics tell a similar story: Price-to-Sales and Price-to-Book ratios for the index are elevated. 5% UAL United Airlines 7.7 4.2 – 0.0% 3% LEN Lennar Corp 7.9 4% GM General Motors 6.8

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Weekly Market Insights | December 23rd, 2024

Cornerstone Financial Advisory

To claim the LLC, you must pay qualified education expenses for higher education and enroll at an eligible educational institution. Another thing about this tax credit is that its available for unlimited tax years, unlike the American opportunity tax credit which is only for the first four years at an eligible institution.