Nerd's Eye View

MARCH 4, 2024

This month's edition kicks off with the news that advisor lead generation platform Datalign Advisory reached nearly $15B in referred client assets (and almost $3B in actually-converted assets) in just its 2nd year of business, as advisor demand for paid leads continues to rise (especially with Datalign's flat-fee one-advisor-per-lead model)… (..)

Startup 202

Startup Wealth Management Clients Portfolio 202

Abnormal Returns

APRIL 7, 2023

caia.org) Startups have shifted to capital efficiency. ft.com) Why health care startups often use human names. bonddad.blogspot.com) The ISM services number is in steep decline. (axios.com) VC VC funding fell sharply in Q1 2023. news.crunchbase.com) VCs are holding onto their cash.

Startup 208

Startup Financial Advising Economy Media 208

Abnormal Returns

MARCH 20, 2024

amycastor.com) Companies It's hard to wrap your head around the numbers with Nvidia's ($NVDA) new chips. variety.com) Streaming is so complicated that it needs a startup to help consumers navigate it. (capitalspectator.com) Crypto Promises of a lower expense ratio are not preventing outflows from the Grayscale Bitcoin Trust ($GBTC).

Financial Advising 183

Financial Advising Startup Valuation Economy 183

Abnormal Returns

JULY 6, 2023

nytimes.com) Venture capital AI startups continue to gain venture interest. ritholtz.com) 30-year mortgage rates are now well over 7.0% (cnbc.com) Global There is a boom in the number of space-related startups in India. Crypto What changed Blackrock's idea about crypto?

Economics 175

Economics Startup Financial Advising Media 175

Nerd's Eye View

SEPTEMBER 4, 2023

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' – which on the one hand provides WiserAdvisor with an opportunity to jump into the business of client reviews (..)

Startup 234

Startup Financial Advisor Clients Financial Planning 234

Nerd's Eye View

APRIL 1, 2024

Advyzon and Panoramix competing against Orion)… with the question of whether they, too, will someday raise their prices as they gain traction as well? Advyzon and Panoramix competing against Orion)… with the question of whether they, too, will someday raise their prices as they gain traction as well?

Estate Planning 180

Estate Planning Financial Advisor Startup Clients 180

Abnormal Returns

FEBRUARY 27, 2023

axios.com) Job number one for CEOs is capital allocation. capitalgains.thediff.co) Startups How increased regulatory risk is affecting startup valuations. theinformation.com) What makes for a great startup name. (wsj.com) Taxes on share buybacks are a speed bump.

Startup 130

Startup Financial Advising Valuation Economy 130

Abnormal Returns

MAY 21, 2023

businessinsider.com) AI is moving so fast, fintech startups are having to quickly pivot. newsletter.abnormalreturns.com) Mixed media A growing number of New York City office buildings are emptying out. finance.yahoo.com) Why a sizable number of native Hawaiians have moved to Las Vegas. nytimes.com)

Financial Advising 183

Financial Advising Startup Taxes Financial Services 183

Abnormal Returns

DECEMBER 3, 2023

ft.com) Do startups founded in recessions fare better? downtownjoshbrown.com) College-educated women with children under 10 are in the workforce at record numbers. (wsj.com) The inside story of Microsoft's ($MSFT) partnership with OpenAI. newyorker.com) Venture capital More VC funds are running out time while still holding investments.

Asset Allocation 206

Asset Allocation Financial Advising Startup Economy 206

Harness Wealth

JANUARY 24, 2023

QSBS recognition for startup founders If you’re a startup founder, one of the most important tax considerations for you will be Qualified Small Business Stock (“QSBS”) Recognition. Who knows, you might even find a more tax-friendly destination along the way.

Startup 52

Startup Tax Planning Taxes Planning 52

Abnormal Returns

MARCH 21, 2023

youtube.com) Credit Suisse was also a player in the startup financing space. huddleup.substack.com) Baseball is getting its own 'Topgolf' style startup. frontofficesports.com) By the numbers: which countries like baseball the most. news.crunchbase.com) Banks still have a big problem. vox.com) Of course we should ban TikTok.

Startup 130

Startup Financial Advising Banking Portfolio Management 130

The Big Picture

NOVEMBER 4, 2023

Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off : Once the country’s most-valuable startup, the flexible-workspace company is expected to file for bankruptcy. But it’s not clear why these seas exist at all.

Medicine 288

Medicine Startup Engineering Manufacturing 288

Nerd's Eye View

NOVEMBER 28, 2023

We also talk about how Peter started in the industry in New York city in the aftermath of 9/11 as an insurance salesperson charged with cold-calling potential customers (and how he took inspiration from the work of author Nick Murray to overcome the challenge of hearing "no" from prospective clients on a regular basis and push through to grow his book (..)

Startup 190

Startup Financial Advisor Clients Management 190

Abnormal Returns

FEBRUARY 26, 2023

institutionalinvestor.com) Amazon Amazon ($AMZN) is increasing the number of same-day shipping options. forbes.com) The pros and cons of a four-day workweek for startups. theatlantic.com) Economy Menzie Chinn, "Strong labor market, spending and income numbers all suggest no recession in place yet."

Ethics 187

Ethics License Financial Advising Startup 187

Abnormal Returns

AUGUST 10, 2022

financial-planning.com) Startups Investors are stepping up to fund BeReal. axios.com) Startups are engaging companies to help facilitate layoffs. thereformedbroker.com) Nominal consumer debt numbers only make sense it relation to the ability to pay. theinformation.com) A look at recent major digital media exits.

Digital Media 130

Digital Media Startup Financial Advising Media 130

Abnormal Returns

MARCH 12, 2023

thebasispoint.com) Health and biotech startups also have big exposure to SVB. theconversation.com) Firearms are the number one cause of death for U.S. (riabiz.com) Venture capital Silicon Valley Bank played a key role in the venture ecosystem. om.co) VC-backed companies are scrambling to shift funds among banks.

Financial Advising 229

Financial Advising Startup Banking Economy 229

Abnormal Returns

MARCH 13, 2023

riabiz.com) Wealth management startup Masttro raised $43 million to address family offices. citywire.com) This is in part due to the rapid growth in the number of new RIAs. (papers.ssrn.com) The biz What will become of SVB's Boston Private wealth management arm?

Financial Guidance 130

Financial Guidance Wealth Management Financial Advising Startup 130

Nerd's Eye View

JANUARY 1, 2024

This month's edition kicks off with the news that held-away asset management platform Pontera has raised $60 million in venture capital funding as advisors increasingly seek to directly manage clients' 401(k) and other outside assets – although an ongoing investigation by Washington state regulators over whether advisors' use of Pontera violates (..)

Retirement Planning 217

Retirement Planning Compliance Startup Clients 217

Nerd's Eye View

NOVEMBER 6, 2023

This month's edition kicks off with the news that Practice Intel has launched a new "growth platform" centered around quantifying the quality of an advisor's client relationships with an all-in "Relationship Quality Index" (RQI) – which while potentially valuable in helping advisors understand and improve their client experience (and subsequently (..)

Compliance 221

Compliance Valuation Financial Advisor Clients 221

Abnormal Returns

DECEMBER 22, 2022

huddleup.substack.com) SpaceX alumni are building a host of space-related startups. newsletter.abnormalreturns.com) Mixed media A record number of shows were produced in 2022 and why it may represent 'peak TV.' (nytimes.com) How the success of United Wholesale Mortgage ($UWMC) made the $4 billion purchase of the Phoenix Suns possible.

Media 130

Media Financial Advising Startup Numbers 130

The Big Picture

JANUARY 19, 2024

My end-of-week morning train WFH reads: • Americans are actually pretty happy with their finances : By the numbers: 63% of Americans rate their current financial situation as being “good,” including 19% of us who say it’s “very good.” Business Insider ) • How does the Fed control interest rates?

Media 130

Media Startup Numbers Government 130

Abnormal Returns

JULY 18, 2022

protocol.com) The rapid grocery startup space is in full retreat. nytimes.com) Covid did a number on global childhood vaccinations. (theinformation.com) Giving out stock-based compensation is tougher when stock prices are in free fall. wired.com) Global Covid and the war in Ukraine remain as two big wild cards for the global economy.

Financial Advising 207

Financial Advising Startup Economy Portfolio 207

Nerd's Eye View

OCTOBER 2, 2023

This month's edition kicks off with the news that custodial platform Altruist is eliminating the $1 per account monthly fee for its portfolio management and reporting technology for advisors on its platform, which on the one hand suggests that the economies of scale Altruist has achieved in the wake of its move to become a fully self-clearing custodian (..)

Communication 232

Communication Portfolio Management Clients Tax Planning 232

The Big Picture

MAY 5, 2023

This company is betting yes : A growing number of employers around the country have decided to build their own housing for workers, mostly for them to rent but sometimes to buy. Businessweek ) • Would you live next to co-workers for the right price? But it’s still No. 1 by a long distance. Bloomberg ) • What the U.S.-China

Startup 359

Startup Wealth Management Assets Valuation 359

Nerd's Eye View

NOVEMBER 15, 2023

government designed a number of small business relief packages to incentivize companies to keep workers on their payrolls. To stave off a wave of business closures and a subsequent surge in unemployment, the U.S.

Clients 237

Clients Taxes Government Startup 237

Nerd's Eye View

NOVEMBER 7, 2022

As with Altruist, the ‘other’ new startup RIA custodian to launch in recent years, Entrustody is pledging to have a more modern interface with a better user experience, more and deeper integrations, and a more transparent price structure than ‘traditional’ custody services.

Risk Tolerance 176

Risk Tolerance Compliance Startup Clients 176

The Big Picture

NOVEMBER 21, 2023

A Wealth of Common Sense ) • A record number of $50 bills were printed last year. Gerstner began as an entrepreneur and has had multiple exits, including travel startup NLG (to IAC). why are you seeing more $50s? The tech-focused fund started in 2008 and invests in both public and private firms.

Startup 246

Startup Commission Media Government 246

The Big Picture

AUGUST 7, 2023

My back-to-work morning train WFH reads: • The Pandemic Small-Business Boom Is Fueling the US Economy : Startup registrations remain 42% ahead of 2019 levels, with growing numbers of companies founded by women and minorities.

Economy 243

Economy Startup Food Numbers 243

Abnormal Returns

JULY 14, 2022

How startup can help fill the gap. washingtonpost.com) Wealth inequality is showing up in the number of middle class neighborhoods. (gq.com) Longreads New weight loss drugs from Novo Nordisk ($NVO) and Eli Lilly ($LLY) are game changers but come along with a lot of questions.

Startup 130

Startup Government Retirement Numbers 130

Nerd's Eye View

OCTOBER 19, 2022

State-registered firms generally must have at least one IAR registered in each state where the firm itself is registered, and SEC-registered firms need only register IARs who work with a certain number of clients.

Startup 130

Startup Clients Government Numbers 130

Nerd's Eye View

JUNE 13, 2023

In this episode, we talk in-depth about how a state regulator audit of Danika’s former firm revealed that she was not properly registered with the state of Washington and sparked an investigation during which she was prevented from working with her clients at the time and sidelined her for several months, how, on top of not being able to work (..)

Financial Advisor 246

Financial Advisor Clients Startup Financial Planning 246

Abnormal Returns

JULY 29, 2023

nytimes.com) Energy Startup Fervo Energy has demonstrated a viable geothermal energy system. modernfarmer.com) Herbal supplement Kratom is blamed for causing a number of deaths. (wsj.com) Transport Five ways the U.S. car buying experience has changed. wsj.com) There is a shortage of truck parking spots.

Financial Advising 212

Financial Advising Startup Transportation Food 212

Nerd's Eye View

AUGUST 7, 2023

This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate planning documents, as it joins FP Alpha in the competition to become 'Holistiplan for estate planning (..)

Estate Planning 213

Estate Planning Wealth Management Financial Advisor Planning 213

Trade Brains

DECEMBER 13, 2023

India’s IPO market has made a strong comeback this year, making it the global leader in the number of IPOs so far in 2023 and attracting investors to take advantage of the renewed interest in public offerings on Dalal Street. What do the numbers tell about IPOs? Is India experiencing an IPO boom? What does this indicate?

Numbers 64

Numbers Retail Startup Investing 64

Abnormal Returns

AUGUST 27, 2022

which operates Pilot and Flying J travel centers, is buying a stake in autonomous truck startup Kodiak Robotics Inc. papers.ssrn.com) Putting some numbers on the effect of employer vaccine mandates. (bloomberg.com) Why people continue to drive on suspended licenses. curbed.com) Transport Pilot Co., Tax private jet travel.

Food 130

Food License Financial Advising Media 130

Darrow Wealth Management

JUNE 2, 2022

A simple example: a startup raises a Series B at a $30M post-money valuation and a Series C at a $20M post-money valuation. Working for a startup involves risk. After a record-setting number of IPOs last year, the average newly public company is down almost 50% over the past year (Renaissance IPO ETF). Startups also need cash.

Startup 52

Startup Valuation Taxes Wealth Management 52

Trade Brains

AUGUST 13, 2022

Startups are not far behind as well. Startups that have lately sprung up in the electric two-wheeler space have taken a lead against incumbents. It is backed by Hero MotorCorp which holds around a 32% stake in the startup. the OEM is also working on an affordable e-scooter, which is expected to bring in more numbers.

Manufacturing 105

Manufacturing Marketing Marketing Startup 105