Nerd's Eye View

OCTOBER 4, 2023

People often talk about "the economy" as a single entity whose parts move in unison, with a small number of key indicators (such as GDP, the unemployment rate, and inflation) moving reliably in relation to each other.

Valuation 246

Valuation Economics Economy Marketing 246

Nerd's Eye View

JANUARY 3, 2025

Also in industry news this week: A survey indicates that workplace retirement plan participants with financial advisors tend to save more than their non-advised counterparts and that a strong majority of participants overall are interested in receiving professional advice (with more than 3/4 of this group expressing willingness to pay for it) A look (..)

Financial Planner 246

Financial Planner Retirement Planning Financial Advice Financial Advisor 246

Abnormal Returns

JUNE 18, 2025

ritholtz.com) Under what circumstances can an asset's valuation get away from itself? dealbreaker.com) When a company says they own [insert number here] Bitcoin, how do you know? (nytimes.com) Strategy You can't just tune out the noise, you have to manage it. wsj.com) The IPO window may now be open for health tech.

Valuation 157

Valuation Media Banking Economy 157

The Big Picture

MAY 1, 2025

This is more than overconfidence, the DKE is how poorly we are at metacognition assessing our own abilities at a specific task Look at the history of performance and the small number of professional investors who outperform their benchmarks over 1, 5, 10, and 20 years. What are some examples of bad numbers?

Retirement 189

Retirement Investing Investments Numbers 189

The Big Picture

OCTOBER 17, 2022

“Tesla’s strategic use of semiconductors has lowered the number of chips required to produce vehicles” has cut lead times , and allowed the firm to make more cars with fewer chips. They also have an advantage over traditional automakers: An ability to quickly reprogram the firmware of chips.

Valuation 317

Valuation Numbers Sales Marketing 317

Nerd's Eye View

MARCH 14, 2025

Also in industry news this week: A recent survey finds that while advisors are increasingly using passive investment vehicles, many are taking the time to look beneath the hood to examine the makeup of different indexes in order to choose the best option for their clients A survey of advisors working at enterprise firms shows a significant increase (..)

Financial Planner 162

Financial Planner Compliance Commission Retirement 162

Validea

MAY 15, 2025

Using Valideas guru models and fundamental factor data, we compare these titans of fintech across valuation, quality, growth, and momentum. Valideas models show strong performance in Twin Momentum and Growth strategies, and its valuation is a bit more grounded. billion of Mastercard, signaling strong conviction in both.

Numbers 52

Numbers Valuation Assets Banking 52

Abnormal Returns

MAY 8, 2023

financial-planning.com) The biz What variables matter when it comes to RIA valuation. thinkadvisor.com) A number of tax provisions will sunset in 2026 including the lifetime exclusion amount. thomaskopelman.com) An increasing number of states are introducing auto-IRAs. investmentnews.com)

Wealth Management 246

Wealth Management Estate Planning Taxes Valuation 246

The Big Picture

OCTOBER 30, 2024

So it, it really captures a number of, of factors and characteristics. Because of the valuation gap looks about the best it’s ever looked, uh, over the past decade. I don’t trust the numbers. But, shareholder yield across categories right now in 2024. How many times have you heard?

Valuation 147

Valuation Investing Investments Numbers 147

Steve Sanduski

JUNE 3, 2025

In a nutshell: RIA valuations are high. But the number one driver of these trends isn’t aging founders and succession planning. The post David DeVoe on the State of RIA M&A and How to Maximize Your Firms Valuation appeared first on Steve Sanduski. Private equity is everywhere. Industry consolidation is accelerating.

Valuation 52

Valuation Consulting Compliance Education 52

Abnormal Returns

SEPTEMBER 20, 2023

behaviouralinvestment.com) IPOs Putting a valuation on Instacart ($CART). ft.com) Writing online Casey Newton, "There are a shocking number of unfilled niches in paid newsletters." Strategy A wide range of outcomes is always on the table. tonyisola.com) The hardest thing about being an investor is deciding what to focus on.

Financial Advising 261

Financial Advising Valuation Media Economy 261

Nerd's Eye View

OCTOBER 4, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent survey from Charles Schwab indicates that advisors see technology as the biggest driver of change in the RIA industry, with the growing number of AdvisorTech solutions as the most frequently cited tech-related driver (..)

Financial Planner 246

Financial Planner Retirement Planning Clients Retirement 246

Abnormal Returns

DECEMBER 28, 2022

tomtunguz.com) Instacart continues to slash its valuation. wired.com) Economy The October Case-Shiller numbers show the rollover in housing prices. (cnn.com) Big Tech is set to cut costs (and jobs) in 2023. nytimes.com) How Constellation Software is a $30b+ publicly-traded software holding company employing more than 25,000.

Financial Advising 243

Financial Advising Valuation Media Economy 243

Nerd's Eye View

MAY 10, 2024

Also in industry news this week: The latest Social Security trustees report offered a slightly rosier picture for the health of the various Social Security trust funds thanks to improved economic conditions, though they warned that time is running out for legislators to take action to ensure the system will be able to pay out full benefits beyond the (..)

Financial Planner 246

Financial Planner Retirement Planning Retirement Valuation 246

Abnormal Returns

JULY 19, 2022

ft.com) Venture Tomasz Tunguz, "The bid/ask spread in VC is the difference between the post-money valuation between a VC (the bidder) & a company (seller)." wsj.com) Economy There is a record number of housing units currently under construction. tomtunguz.com) A reading list on how to go about getting started in angel investing.

Financial Advising 245

Financial Advising Valuation Media Economy 245

The Big Picture

FEBRUARY 7, 2024

Dividends come from earnings, and so those are sort of anchors to valuation. Jeremy Schwartz : And basically said that there’s huge Tech stocks, triple-digit PEs, you can never justify the valuations no matter what the growth rates are. They had great numbers, not great enough. And Stocks, those cash flows are dividends.

Investments 296

Investments Investing Valuation Portfolio 296

The Big Picture

APRIL 17, 2025

My advice was not based on fear of a bubble or the (over)valuation of Yahoo; rather, I suggested employing a regret minimization framework.2 He could take any job he wanted for the rest of his lifeor none at all. Torn about what to do, he asked my opinion.

Investing 267

Investing Investments Accounting Startup 267

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 246

Compliance Valuation Clients Financial Advisor 246

Abnormal Returns

MARCH 20, 2024

amycastor.com) Companies It's hard to wrap your head around the numbers with Nvidia's ($NVDA) new chips. marginalrevolution.com) Finance Private equity is stuck between elevated valuations high interest rates and a moribund IPO market. (etf.com) Don't let spot Bitcoin ETFs fool you about the nature of crypto.

Financial Advising 249

Financial Advising Startup Valuation Economy 249

Nerd's Eye View

JULY 7, 2023

Also in industry news this week: A recent survey indicates that a strong majority of financial advisory clients have maintained their trust in their advisors despite the investment market setbacks experienced last year A report from the SEC shows that a majority RIAs have mandatory arbitration clauses in their client agreements, a practice that has (..)

Financial Planner 246

Financial Planner Tax Planning Clients Valuation 246

Nerd's Eye View

DECEMBER 23, 2022

While RIA M&A activity has been red hot during the past couple of years, a survey suggests that advisors are expecting lower valuations in 2023. From there, we have several articles on advisor marketing: Five tactics advisors can use to make the most of the online referrals they receive.

Financial Planner 246

Financial Planner Retirement Planning Financial Planning Budgeting 246

Nerd's Eye View

OCTOBER 28, 2022

RIA merger and acquisition activity has been brisk and valuations have remained elevated during the past year, but industry observers are debating whether economic headwinds could slow activity in the coming year. The key considerations for advisors considering terminating a forgivable note early.

Financial Planner 246

Financial Planner Clients Valuation Numbers 246

The Big Picture

MAY 5, 2023

Finally, it would be dangerous to extrapolate the post-1990 outperformance of US equities, as it mainly reflects rising relative valuations. 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.

Startup 359

Startup Wealth Management Assets Valuation 359

Nerd's Eye View

NOVEMBER 4, 2022

We also have a number of articles on taxes and end-of-year planning: The importance for advisors of understanding current RMD rules to ensure their clients take the proper distributions (and avoid a 50% penalty in the process!). While private valuations have soared in recent years, public markets continue to be less kind to RIAs.

Financial Planner 240

Financial Planner Financial Advisor Retirement Planning Medical 240

Nerd's Eye View

MAY 12, 2023

Also in industry news this week: Why industry groups representing investment advisers and others have blasted an SEC proposal that would significantly expand its Custody Rule A new study suggests that organic client growth and profit margins are the key factors driving RIA valuations, with the firm’s affiliation model having little to no impact (..)

Financial Planner 246

Financial Planner Clients Tax Planning Food 246

Nerd's Eye View

JULY 5, 2024

Also in industry news this week: A separate Supreme Court decision struck down the SEC's use of in-house judges to adjudicate cases involving civil penalties (unless both parties in the matter agree to it), likely setting up more settlement offers from the regulator to avoid a drawn-out legal process in the Federal court system At a time when it has (..)

Financial Planner 246

Financial Planner Retirement Commission Financial Advice 246

Advisor Perspectives

OCTOBER 14, 2024

The top corporate conference calls are attended by dozens of Wall Street analysts whose job it is to maintain detailed earnings and valuation models filled with minutiae.

Numbers 75

Numbers Valuation 75

Validea

JUNE 13, 2025

Others are based on simplistic valuation metrics that ignore critical elements like debt, cash flow quality, or business fundamentals. Carlisle’s approach is built around a central insight: stocks aren’t just tickers or abstract numbers—they’re ownership stakes in real businesses. Not all value strategies are created equal.

Valuation 52

Valuation Portfolio Investing Investments 52

Nerd's Eye View

OCTOBER 3, 2022

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Ethic Investing raises a $50M Series C round as values-based “personalized indexing” through direct indexing tools continues to gain momentum.

Commission 246

Commission Financial Planning Ethics Planning 246

A Wealth of Common Sense

FEBRUARY 13, 2024

There are now six stocks in the S&P 500 with trillion-dollar valuations: Microsoft ($3.1 trillion) The numbers are getting so big it’s almost hard to comprehend. trillion) Apple ($2.9 trillion) Nvidia ($1.8 trillion) Amazon ($1.8 trillion) Google ($1.9 trillion) Facebook ($1.2

Marketing 136

Marketing Marketing Valuation Banking 136

Wealth Management

JUNE 10, 2025

Number 8860726. Registered in England & Wales with number 01835199, registered office 5 Howick Place, London, SW1P 1WG. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales.

Wealth Management 147

Wealth Management Financial Advisor Management Recruitment 147

The Big Picture

MARCH 6, 2023

Venture-capital investments are plunging, along with valuations of prepublic companies. Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks.

Retirement Planning 282

Retirement Planning Transportation Valuation Assets 282

Validea

JUNE 16, 2025

We dive into the numbers, examine the some of the portfolio stock selections, and offer guidance on what type of investor each strategy may suit best. Benjamin Graham – The Deep Value Purist Graham’s approach, considered the bedrock of value investing, focuses on balance sheet strength and low valuation. Kinsale Capital ( KNSL ): +21.0%

Valuation 52

Valuation Risk Tolerance Math Portfolio 52

Nerd's Eye View

JANUARY 3, 2024

Businesses are also feeling the pinch from higher interest rates, as November saw a rapid increase in the number of Chapter 11 commercial bankruptcies. Moreover, historically extreme valuations in a small handful of mega-cap stocks that account for about 30% of the market weight in the S&P 500 (i.e.,

Economics 246

Economics Marketing Marketing Economy 246

The Big Picture

AUGUST 1, 2023

But we won’t know how big a losing trade it might be until early 2024, when we see the updated valuations. Some folks who are more familiar with the numbers than I have suggested it will not be pretty. That was a crowded trade, and it has underperformed versus equities since.

Economics 246

Economics Valuation Marketing Marketing 246

Validea

MARCH 20, 2025

Validea’s Graham-Based Investment Model Validea has created a quantitative model based on Graham’s principles, incorporating specific criteria across four key areas: Operational Fundamentals Size Requirement : Annual revenue must exceed $340 million, ensuring sufficient business scale and stability Earnings Consistency : Companies must (..)

Valuation 52

Valuation Debt Management Assets Investing 52

Abnormal Returns

FEBRUARY 16, 2023

howardlindzon.com) Private assets Why private equity needs much better valuations. apricitas.io) There are a near-record number of housing units currently under construction. (theatlantic.com) Finding a good retail CEO is tough these days. nytimes.com) AI requires a lot of semiconductors. pragcap.com) Fidelity is hiring!

Financial Advising 144

Financial Advising Engineering Valuation Retail 144