The Big Picture

JANUARY 2, 2025

Not only do many investors pay attention to this guesswork, but some change their portfolios in response to them. I promise you will find it both entertaining and informative. This has proven to be an unproductive strategy. ” If you want to read more of the fun details, well, than order the book.

Banking 346

Banking Planning Economics Investing 346

Nerd's Eye View

APRIL 18, 2025

Also in industry news this week: According to a recent survey, 40% of financial advisory clients would switch to an advisor who offers estate planning services, with help with specific tasks like beneficiary designations or tax strategies as the most sought-after service among respondents RIA M&A activity set a first-quarter record to start the (..)

Financial Planner 195

Financial Planner Risk Tolerance Estate Planning Clients 195

The Big Picture

APRIL 28, 2025

History informs us that when US markets get slashed by 56%, it creates a very advantageous entry point into equities for fresh capital. See also Lazy Portfolios rolling returns. In October 2009, I called the move off the lows The Most Hated Rally in Wall Street History. In seven months, the S&P 500 had moved 57.5%

Risk Management 331

Risk Management Management Marketing Marketing 331

Nerd's Eye View

APRIL 16, 2025

For clients reaching out in distress, starting with facts may be counterproductive; when clients are overwhelmed, they may not be in a mindset to absorb information. Instead, allowing them to fully voice their fears can build trust and help them feel understood. Using mirroring language (e.g.,

Clients 228

Clients Financial Planning Financial Advice Planning 228

Nerd's Eye View

NOVEMBER 25, 2024

Over the past decade, a growing number of advisors have expanded into offering comprehensive financial planning services, reflecting a shift that not only helps them stand out from (increasingly commoditized) portfolio management offerings but also supports clients' broader financial goals.

Financial Planning 235

Financial Planning Sales Planning Retirement 235

The Big Picture

DECEMBER 30, 2024

He co-authored Investment Analysis and Portfolio Management , now in its fifth edition. Zeikel famously shared his investing insights in a 1994 letter to his daughter: “Personal portfolio management is not a competitive sport. Most investors underestimate the stress of a high-risk portfolio on the way down. Make decisions.

Investments 148

Investments Investing Risk Tolerance Portfolio Management 148

Random Roger's Retirement Planning

MARCH 15, 2025

You're 81 and been taking income from your portfolio for 15 years, what matters to you more, that you can continue to take what you need from your portfolio or that four year run in your mid-50's when you beat (or lagged) the market? If you're 81 and can no longer meet your income need from your portfolio, that is what matters.

Portfolio 59

Portfolio Medical Marketing Marketing 59

The Big Picture

NOVEMBER 27, 2024

Investors should consider this when they create a portfolio. Never confuse opinion marketing with actual, useful information. ~~~ Give thanks this weekend! We rarely understand fully how each new event will impact all of the others that came before it and how the next events in time will affect what preceded it. Count your blessings.

Economy 201

Economy Retail Portfolio Assets 201

Random Roger's Retirement Planning

MARCH 12, 2025

Let's dig in some more on Permanent Portfolio quadrant style. Next is the allocation for the United States Sovereign Wealth Fund ETF that I made up a few days ago and next to that is my most recent attempt from November to recreate the Cockroach Portfolio which is managed by Mutiny Funds. That is a very specialized type of result.

Portfolio 59

Portfolio Taxes Numbers Investing 59

The Big Picture

MARCH 18, 2025

It is about the art of using imperfect information to make probabilistic assessments about an inherently unknowable future. Emotional Decision-Making : We make spontaneous decisions for reasons unrelated to our portfolios. Cognitive Deficits : You’re human unfortunately, that hurts your portfolio. We behave emotionally.

Investing 318

Investing Investments Math Media 318

Nerd's Eye View

JANUARY 6, 2025

FINNY AI, an AI-powered prospecting tool, has raised $4.2

Startup 188

Startup Financial Advisor Clients Portfolio Management 188

Random Roger's Retirement Planning

FEBRUARY 11, 2025

Morningstar did a quick writeup on model portfolios. The article wasn't too insightful but there was an example of a model portfolio and then an example of how to customize that same model. All I tried to do was simplify the portfolio, not do anything to improve it. Should a model portfolio have any sort of differentiation?

Portfolio 52

Portfolio Retail Taxes Clients 52

Abnormal Returns

JANUARY 23, 2025

(awealthofcommonsense.com) Why your portfolio may need rebalancing. techcrunch.com) Even institutional investors can't get information on their private equity investments. morningstar.com) Just because you can launch a meme coin doesn't mean you should. howardlindzon.com) Finance MicroStrategy ($MSTR) is the convertible bond king.

Media 167

Media Economy Portfolio Investing 167

A Wealth of Common Sense

MARCH 3, 2025

Today’s Talk Your Book is brought to you by Halo Investing: See here for more information on Halo’s structured product suite On today’s show, we discuss: The difference between buffered ETFs and structured notes Understanding structured note investing Halo’s structured note SMAs Using structured notes as an insurance policy (..)

Portfolio 52

Portfolio Insurance Investing Investments 52

Trade Brains

NOVEMBER 6, 2024

These companies manage profitable real estate portfolios across various sectors. Portfolio Diversification: Through REITs, investors gain exposure to various property types. Moreover, tracking market trends affecting commercial real estate helps investors make informed decisions and adjust their strategies accordingly.

Investing 98

Investing Investments Distribution Portfolio 98

Tobias Financial

APRIL 8, 2025

Our Portfolio Manager, Chad NeSmith, CFA, CFP was recently quoted in an Associated Press article discussing how retirees are reacting to the market volatility spurred by the latest tariff announcements. If recent headlines have you feeling uneasy, now is the time to talk – not to make impulsive decisions, but to make informed ones.

Portfolio 52

Portfolio Risk Tolerance Marketing Marketing 52

Nerd's Eye View

MAY 17, 2024

Altogether, the study suggests that social media engagement is driven more by the quality (and originality) of the advisor's content, rather than the quantity of posts.

Financial Planner 238

Financial Planner Wealth Management Retirement Investment Planning 238

A Wealth of Common Sense

MARCH 10, 2025

Today’s Talk Your Book is brought to you by Aptus Capital Advisors: See here for more information on the full suite of active ETFs and services provided by Aptus On today’s show, we discuss: Who Aptus is The profile of the typical advisor Aptus works with Why option strategies are getting popular How to replace traditional allocation with (..)

Portfolio 52

Portfolio 52

Random Roger's Retirement Planning

JANUARY 17, 2025

WAAV seems Permanent Portfolio inspired which is why I threw in AQRIX and PRPFX along with VBAIX as a proxy for a 60/40 portfolio makes sense as a benchmark. Both the ACWI and SPY versions outperformed AQRIX which is sort of a risk parity fund and PRPFX which is the Permanent Portfolio. The results are a mixed bag.

Portfolio 52

Portfolio Management Taxes Numbers 52

Nerd's Eye View

APRIL 2, 2025

HiMaVs leverage the brain's natural preference for narrative and visual information by showing how a retirement income plan – such as a risk-based or guardrails-based strategy – would have fared during actual historical periods like the Great Depression, Stagflation of the 1970s, or the 2008 Global Financial Crisis.

Retirement 147

Retirement Clients Retirement Planning Marketing 147

Random Roger's Retirement Planning

OCTOBER 19, 2024

Barron's had an article about rebalancing portfolios noting that the run in stocks was a good time to rebalance the equity allocation back down closer to target, whatever that might be and also rebalance down some of the relative winners. Over the years, I've trimmed here and there when holdings get too big relative to the portfolio.

Portfolio 96

Portfolio Taxes Clients Financial Advisor 96

Abnormal Returns

FEBRUARY 28, 2024

(blockworks.co) Strategy Rubin Miller, "Investing on hopes and hunches — making emotional decisions — is why so few portfolios earn the actual market return." behaviouralinvestment.com) Why the 60/40 portfolio isn't going anywhere. abnormalreturns.com) Research links: information and noise.

Valuation 273

Valuation Financial Advising Startup Media 273

Nerd's Eye View

OCTOBER 5, 2022

The 1%+ added value of automated tax-loss harvesting may be achievable in some ‘ideal’ cases, such as an investor who frequently contributes to their portfolio, has short-term losses to offset, and/or has many individual security holdings.

Taxes 246

Taxes Tax Planning Portfolio Management Advertising 246

The Big Picture

DECEMBER 11, 2024

And on today’s edition of at the money, we’re going to discuss how Wall Street has been using personal health to gain a competitive advantage to help us understand all of this and its implications for your portfolio. How does that show up in our portfolios? Not only does that show up in our portfolios.

Food 148

Food Portfolio Management Marketing 148

Nerd's Eye View

DECEMBER 7, 2022

The Marketing Rule also requires performance results to be presented consistently over 1-, 5-, and 10-year time periods (or the time period the portfolio has existed, if shorter than a particular prescribed period) preventing advisers from cherry-picking time periods that would make their returns appear more favorable.

Advertising 246

Advertising Investing Investments Marketing 246

The Big Picture

FEBRUARY 18, 2023

Previously, he was chief investment officer and chief information officer, overseeing the company’s internally managed stock, bond, and money market portfolios as well as its investment research and methodology. Buckley has been with Vanguard for 32 years and has been CEO for the past 5.

Assets 290

Assets Management Portfolio Investing 290

The Big Picture

MAY 5, 2023

The problem is not how good or bad their track records are (they tend toward mediocre); rather it is our failure to use these tools properly, consistent with an inherently unknowable future always subject to new data and information that changes those probabilities. The odds change constantly as new information gets incorporated.

Economics 363

Economics Financial Planning Manufacturing Numbers 363

Abnormal Returns

JANUARY 4, 2023

Retirement Why you need a diversified life portfolio in retirement. abnormalreturns.com) This startup site is designed to provide people with information about divorce. abnormalreturns.com) This startup site is designed to provide people with information about divorce. wsj.com) Why you want to have options in retirement.

Certification 243

Certification Startup Retirement Portfolio 243

Abnormal Returns

AUGUST 8, 2023

capitalspectator.com) How ChatGPT can suss out information in company filings. morningstar.com) Behavior Another indication that political polarization is showing up in investor portfolios. Quant stuff James Picerno, "In short, there are no silver bullets for building a solid backtest."

Marketing 246

Marketing Marketing Medical Economics 246

Nerd's Eye View

MARCH 20, 2024

By distilling hundreds of pieces of information into a single number that purports to show the percentage chance that a portfolio will not be depleted over the course of a client's life, advisors often place special emphasis on this data point when they present a financial plan.

Communication 246

Communication Clients Financial Planning Risk Tolerance 246

Abnormal Returns

FEBRUARY 27, 2023

Podcasts Christine Benz and Jeff Ptak talk with Derek Tharp about retirement-spending strategies, sequence risk, and portfolio construction. kitces.com) Clients, and potential clients, are awash in bad financial information on social media. morningstar.com) Daniel Crosby talks with Rachel J.

Wealth Management 246

Wealth Management Clients Media Retirement 246

Nerd's Eye View

MARCH 26, 2025

Rather, it's about constructing a portfolio that aligns with a client's long-term goals. In that same vein, diversification remains the core of a healthy portfolio to protect against market corrections and underperformance, as no single asset class outperforms indefinitely.

Clients 219

Clients Marketing Marketing Economics 219

Darrow Wealth Management

FEBRUARY 9, 2025

If you own 10,000 shares, you receive $40,000 in dividend income (before taxes) and have a portfolio currently worth $2M. You’ll receive the same $40,000 in dividend income and the value of your portfolio drops to $1.5M. Dividend paying stocks and funds can be a great addition to a portfolio.

Retirement 79

Retirement Asset Allocation Taxes Portfolio 79

Nerd's Eye View

JUNE 12, 2024

Or if an advisor knowingly misled a client in giving information that led them to make an investment decision, they could be penalized for giving fraudulent advice under state or Federal law.

Fiduciary Duty 245

Fiduciary Duty Risk Tolerance Investing Investments 245

Carson Wealth

JANUARY 8, 2025

One study found that an advisor-managed portfolio could produce an additional 3% value add annually over a self-managed (DIY) portfolio. This personalized approach can help you make financial decisions that are well-informed and strategically sound. Lets explore a few of these. The post Why Should I Hire a Financial Advisor?

Financial Advice 69

Financial Advice Financial Advisor Risk Tolerance Financial Guidance 69

The Big Picture

FEBRUARY 14, 2023

More important than UFOs 1 is the intriguing process by which humans sift through a morass of conflicting information. Consider this definition: “ Investing is the art of using imperfect information to make probabilistic assessments about an inherently unknowable future.” A skeptical but rational approach can help.

Investing 300

Investing Investments Management Insurance 300

The Big Picture

JULY 24, 2024

At The Money: Behavior Beats Intelligence (July 24, 2024) We focus most of our investing efforts on information and knowledge. We’re going to discuss how to make sure your behavior is not getting in the way of your portfolio. You need more information. And because there’s not a lot of information.

Math 274

Math Retirement Investing Investments 274