Advisor Perspectives

AUGUST 1, 2024

Here is a summary of the four market valuation indicators we update on a monthly basis.

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Valuation Marketing Marketing 115

A Wealth of Common Sense

AUGUST 29, 2024

A reader asks: My asset allocation has been pretty conservative since the market run-up in 2020. My basic thesis is that the market is overvalued, and the only way I can keep myself in equities at all is to have a 60/40 stock/bond allocation. I have nagging doubts that my alloc.

Valuation 116

Valuation Asset Allocation Marketing Marketing 116

Abnormal Returns

OCTOBER 24, 2022

medium.com) Big tech companies are sitting on their own bond market losses. theinformation.com) Snowflake ($SNOW) is growing into its valuation. bonddad.blogspot.com) Earlier on Abnormal Returns Adviser links: what bear markets demand. thediff.co) Global How the U.S. is trying to throttle China chip production.

Marketing 246

Marketing Marketing Financial Advising Valuation 246

Nerd's Eye View

APRIL 3, 2024

Notably, the work-from-home movement has resulted in a dramatic drop in office valuations that could lead to a whole host of issues, including lending constraints in the banking sector, which is already sitting on a mountain of unrealized losses on Treasuries and mortgages.

Economics 244

Economics Marketing Marketing Valuation 244

Nerd's Eye View

JANUARY 31, 2025

Which could include measures such as additional time to comply with rules that have been adopted but not yet enforced and perhaps, more broadly, an approach from the SEC that focuses more on whether a firm has robust program controls and a strong fiduciary culture rather than seeking out specific, (sometimes minor) missteps and producing enforcement (..)

Financial Planner 245

Financial Planner Retirement Planning Compliance Valuation 245

Nerd's Eye View

MAY 16, 2023

What's unique about Jim, though, is how he has scaled his retainer-based boutique firm to more than $7 million in revenue, a $31 million enterprise valuation, and is growing organically at a 40% growth rate, by providing a high-touch comprehensive advice offering for his business owner niche clientele.

Valuation 246

Valuation Financial Advisor Financial Planning Clients 246

Financial Symmetry

FEBRUARY 20, 2025

stock market in its largest companies looked high compared to recent history. Today, some might say market concentration appears really high. of the index by market capitalization. The value side of the market, measured by the Russell 1000 Value Index, remains in stark contrast. market has, of course, more history.

Marketing 67

Marketing Marketing Valuation Commission 67

Wealth Management

MARCH 31, 2025

Median-adjusted EBITDA multiples hit a near-decade high in 2024, according to Advisor Growth Strategies, and a deal market of more than 40 buyers looks to keep things frothy in 2025.

Valuation 213

Valuation Marketing Marketing 213

Nerd's Eye View

JANUARY 10, 2025

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 (..)

Financial Planner 189

Financial Planner Clients Financial Advice Numbers 189

Abnormal Returns

DECEMBER 5, 2022

Markets Small cap stocks stand out for their cheap valuations. compoundadvisors.com) Strategy Ben Carlson, "We’ve never seen a market environment like this where both stocks and bonds were crushed simultaneously." observer.com) Treasury market liquidity is a growing risk. ft.com) Credit cards are a legacy system.

Startup 244

Startup Marketing Marketing Financial Advising 244

The Big Picture

MARCH 18, 2025

This is as true for professionals as it is for amateurs; it’s also true in music, film, sports, television, and economic and market forecasting. Market Mayhem : As investors, we often rely on rules of thumb that fail us. The vast majority of market gains come from ~1% of all stocks. We prefer narratives over data.

Investing 316

Investing Investments Math Media 316

Abnormal Returns

FEBRUARY 11, 2024

(moontower.substack.com) Some signs of internal weakness in the stock market. allstarcharts.com) A valuation analysis of the Magnificent Seven. barrons.com) Valuations matter, but using them in your investment process is a challenge. barrons.com) Valuations matter, but using them in your investment process is a challenge.

Valuation 277

Valuation Portfolio Investing Investments 277

Nerd's Eye View

JANUARY 3, 2024

economy) contracted for the 12th consecutive month, the services sector (constituting about 78% of GDP) expanded for the 11th consecutive month, serving as a primary driver behind continued wage inflation as well as tightness in the labor market. The labor market, while still remarkably resilient, has also started to show signs of stress.

Economics 246

Economics Marketing Marketing Economy 246

The Reformed Broker

SEPTEMBER 15, 2023

This week, Michael Batnick, Rob Arnott, and Downtown Josh Brown discuss lessons from the tech bubble, smart beta, big tech valuations, Tesla and Nvidia, how AI might impact markets and the economy, and much more! The post Big Market Delusions appeared first on The Reformed Broker.

Marketing 177

Marketing Marketing Valuation Economy 177

Wealth Management

FEBRUARY 14, 2024

Valuations in the private real estate market are finally starting to reflect higher interest rates and tighter debt availability.

Valuation 298

Valuation Marketing Marketing 298

Nerd's Eye View

OCTOBER 18, 2023

Even people who are normally rational decision-makers can be prone to fear, greed, and overconfidence, and the persistence of market bubbles where investors chase whatever company or sector is all the rage at the time (and often get stuck with losses when the bubble pops) shows that herd mentality in investing is as prevalent as ever.

Marketing 246

Marketing Marketing Valuation Advertising 246

Abnormal Returns

SEPTEMBER 8, 2024

(wsj.com) Three reasons why the stock market declines. worksinprogress.co) Good luck trying to time the stock market using valuation metrics. awealthofcommonsense.com) Early in retirement is the time to do some tax planning. whitecoatinvestor.com) Three reasons to buy Josh Brown's new book "You Weren’t Supposed To See That."

Tax Planning 293

Tax Planning Valuation Retirement Taxes 293

Wealth Management

DECEMBER 22, 2023

Advisor Growth Strategies expects new players to enter the RIA M&A market in 2024, as valuations diverge and deals become larger and more creative.

Valuation 289

Valuation Marketing Marketing 289

Abnormal Returns

JANUARY 28, 2025

(jeffreyptak.substack.com) Research What explains the valuation difference between U.S. papers.ssrn.com) On the limits of secondary market divestment. and international stocks? mailchi.mp) AI can read 10-Ks, but it can't read what's not there. footnoted.com) How index rebalancing speed affects costs.

Valuation 144

Valuation Management Marketing Marketing 144

Abnormal Returns

AUGUST 4, 2024

(awealthofcommonsense.com) A look at the valuation of the S&P 490. sherwood.news) A lot of stock market indices are sitting at all-time highs. sherwood.news) A lot of stock market indices are sitting at all-time highs. vox.com) What historical bull markets say about the state of the current market.

Valuation 283

Valuation Assets Marketing Marketing 283

Abnormal Returns

OCTOBER 29, 2023

Top clicks this week A big regime shift has happened in the economy and financial markets. ritholtz.com) The bond market bear market is pretty epic. wired.com) Bond bear markets are different than stock bear markets. wired.com) Bond bear markets are different than stock bear markets.

Valuation 297

Valuation Economy Financial Market Portfolio 297

The Big Picture

OCTOBER 17, 2022

US equity markets are off about 25% YTD; Tech-heavy Nasdaq is off 32%; But the poster child for the past few years has been Tesla (TSLA), which is down 38.5% By October of 2021 , Tesla was worth more than $1 trillion dollars ; its market cap was greater than the next 10 automakers combined. YTD and is 46.9% off of its 2021 highs.

Valuation 315

Valuation Numbers Sales Marketing 315

Wealth Management

JUNE 22, 2023

Third-party surveys are often relied on for valuation purposes; however, one must be cautious in their use when actual trades in the public market are confirming a value that is substantially different.

Valuation 277

Valuation Marketing Marketing 277

Abnormal Returns

NOVEMBER 15, 2024

Markets The equity risk premium has fallen. spglobal.com) Finance Elon Musk's xAI and SpaceX are getting a valuation boost. money market mutual funds now have more than $7 trillion in assets. bloomberg.com) Prediction markets How big can prediction markets get? ft.com) Is private credit in a bubble? msn.com) U.S.

Financial Advising 144

Financial Advising Food Valuation Media 144

Abnormal Returns

SEPTEMBER 6, 2022

morningstar.com) ETFs Sector ETFs by and large underperform the broad market. onveston.substack.com) Why you should be skeptical of private equity valuations when firms are fundraising. institutionalinvestor.com) A round-up of recent research on trading costs and market frictions. capitalspectator.com).

Marketing 176

Marketing Marketing Valuation Assets 176

Abnormal Returns

JULY 16, 2024

mrzepczynski.blogspot.com) Comparing the correlation benefits of managed futures vs. market-neutral multi-factor investing. alphaarchitect.com) On the valuation of TIPS and nominal Treasury bonds. papers.ssrn.com) How views of the market differ between academics and normies. than in other markets.

Valuation 261

Valuation Management Portfolio Investments 261

The Big Picture

JUNE 20, 2024

In response to repeated inquiries from BofA clients, Savita looked at numerous indicators that collectively suggest markets are topping. The table above shows the major market peaks going back to 1990. But as prior history has taught us, all bull markets eventually come to an end. appeared first on The Big Picture.

Marketing 193

Marketing Marketing Valuation Media 193

Abnormal Returns

DECEMBER 18, 2024

ritholtz.com) Investing How to deal with a stock market at or near all-time highs. awealthofcommonsense.com) Market valuations aren't going to help you time the stock market. (podcast.moneywithkatie.com) Barry Ritholtz talks optimizing personal health with Phil Pearlman of Pearl Institute.

Retirement Planning 130

Retirement Planning Retirement Valuation Insurance 130

Abnormal Returns

JANUARY 14, 2024

thefp.com) Stock markets around the world are at or near their highs. awealthofcommonsense.com) 12 lessons the markets taught investors in 2023 including 'Valuations cannot be used to time markets.' morningstar.com) A visualization of the top 10 S&P 500 stocks by market cap. Always follow up.' wsj.com)

Valuation 287

Valuation Assets Investments Investing 287

Abnormal Returns

AUGUST 27, 2024

mrzepczynski.blogspot.com) How Japanese companies plan to boost valuations. mailchi.mp) The market cares who is CEO, just look at the stock prices. (dimensional.com) Do evergreen PE funds adequately capture returns? alphaarchitect.com) Research Sector performance mean reverts.

Valuation 271

Valuation Planning Marketing Marketing 271

Wealth Management

MAY 30, 2023

While fluctuating capital markets may have caused buyers to become more selective, the talk of slowing RIA M&A activity has been over-exaggerated, and valuations remain high for growing firms, said panelists at the RIA Edge conference last week.

Valuation 260

Valuation Marketing Marketing 260

Abnormal Returns

APRIL 28, 2024

(scienceblog.com) What are to make of the big, and persistent, valuation disparities between large and small caps. kk.org) A look at how geopolitical events affect the stock market. morningstar.com) Additional life advice from Kevin Kelly including 'The highest form of wealth is deciding you have enough.'

Valuation 300

Valuation Taxes Marketing Marketing 300

Wealth Management

DECEMBER 12, 2022

A data-driven analysis of M&A and valuation trends re-shaping the wealth management market.

Wealth Management 246

Wealth Management Management Valuation Marketing 246

Truemind Capital

NOVEMBER 8, 2024

Everyone loves a rising market. Like the circle of life, good times are followed by bad times, and bad times are followed by good times, stock markets also go through cycles of excessive greed/optimism to excessive fear/pessimism. For the sustainable long-term progress of financial markets, corrections are healthy and useful.

Asset Allocation 64

Asset Allocation Marketing Marketing Valuation 64

Abnormal Returns

FEBRUARY 28, 2024

Markets Some of the most speculative sectors are perking up. blockworks.co) Strategy Rubin Miller, "Investing on hopes and hunches — making emotional decisions — is why so few portfolios earn the actual market return." fortunesandfrictions.com) The rise of passive investing hasn't broken the markets.

Valuation 273

Valuation Financial Advising Startup Media 273

Advisor Perspectives

MAY 14, 2025

In this video, Chuck Carnevale, Co-Founder of FAST Graphs, aka Mr. Valuation discusses the volatility of the stock market, the truth about the S&P 500’s valuation, using the S&P 500 (SPY) as a proxy.

Valuation 40

Valuation Marketing Marketing 40

The Big Picture

MAY 1, 2025

These days, turning on the TV to get the latest news about the markets and the economy can be enough to send anyone into panic mode. The second section of your book focuses on Bad Numbers, or in other words, misleading numbers that could drive the economy, the markets and ultimately, your investments. How useful is management guidance?

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Retirement Investments Investing Numbers 187