Abnormal Returns

OCTOBER 18, 2023

corporate.vanguard.com) There is no single model for the term premium. capitalgains.thediff.co) Bloomberg is using AI to help price bonds in real-time. axios.com) Apple ($AAPL) leads the pack in terms of pushing suppliers toward decarbonization. (blog.validea.com) Why international equities may belong in your taxable account.

Financial Advising 253

Financial Advising Media Economy Accounting 253

Nerd's Eye View

APRIL 10, 2024

Every document that considers the facts around any particular asset class will invariably include that disclaimer, but constructing a portfolio consisting of a mix of equities, fixed income, and other assets requires investors and advicers to make some fundamental assumptions around long-term expected returns and correlations between assets.

Asset Allocation 240

Asset Allocation Wealth Accumulation Assets Portfolio 240

The Big Picture

APRIL 24, 2023

Good investors understand that bear markets and volatility are part of where returns come from; these long-term investors have learned that riding them out is their highest probability approach. 3 You might find it useful to instead think of Bull/Bear discussions in terms of context: When , Where , and for How Long.

Economics 284

Economics Valuation Portfolio Marketing 284

Abnormal Returns

FEBRUARY 8, 2024

wired.com) ETFs Bonds have lagged in terms of passive management, but are catching up. bloomberg.com) Used car prices are down 9.2% (morningstar.com) Companies Looking back at 20 years of Facebook. vox.com) How Slack changed business in 10 years. etfthinktank.tidalfinancialgroup.com) Economy Checking in on Q1 GDP nowcasts.

Financial Advising 239

Financial Advising Marketing Marketing Media 239

Nerd's Eye View

FEBRUARY 16, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a study from Cerulli Associates indicates a lack of fee transparency represents a significant hurdle for many investors when considering working with a financial advisor.

Financial Planner 225

Financial Planner Fee Only Compliance CFP 225

The Big Picture

NOVEMBER 15, 2023

Some hacks will help you: – Use a Core & Satellite Approach : Think of your core portfolio as a Christmas tree and any non-core satellite investments as the ornaments you hang on that tree. Sure, whatever, why not… It really doesn’t matter what the satellite is so long as it forces you to leave your core alone long-term.2

Investing 340

Investing Investments Portfolio Economics 340

Nerd's Eye View

JANUARY 2, 2024

Welcome to the 366th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Stevyn Guinnip. Stevyn is founder of Grow Wellthy, a health and wellness consulting firm based in Springfield, Missouri that specializes in working with busy – but not always healthy – financial advisors.

Financial Advisor 216

Financial Advisor Retirement Financial Advice Consulting 216

Nerd's Eye View

JANUARY 29, 2024

One possible way to do this is to use the time savings of technology to serve a higher number of clients. However, another approach advisors can take is to use their technology to do more – and better – work for the same number of clients while earning higher fees for the higher-value services they provide.

Clients 215

Clients Planning Numbers Financial Advisor 215

Abnormal Returns

APRIL 13, 2024

theconversation.com) The number of solar power sites using sheep to graze the grass are on the rise. arstechnica.com) How drones could be used to keep wolves away from cattle. semafor.com) Drugs Good news on the teen drug use front. newatlas.com) Chili crunch Should you be able to trademark the term 'chili crunch'?

Media 208

Media Financial Advising Food Education 208

The Big Picture

SEPTEMBER 21, 2022

He thinks about expectations, gives speeches on them, and uses the data series when enacting Federal Reserve policies to combat inflation. Their risk tolerance has not changed, but the short-term market environment has; this is of course irrelevant to their long-term investing needs. percent and 3.2 percent in July to 5.7

Risk Tolerance 326

Risk Tolerance Budgeting Numbers Economics 326

Nerd's Eye View

AUGUST 30, 2023

Non-compete agreements (where a company prohibits an employee from working for competitors, at least for a certain period of time) are often used to help companies protect their investment in the employee (e.g., But in the financial advisory business, firms are typically less concerned about employees taking intellectual property (e.g.,

Clients 209

Clients Communication Financial Planning Planning 209

Nerd's Eye View

OCTOBER 9, 2023

Different strategies have different Client Acquisition Costs (CACs), in terms of both hard-dollar marketing expenses and the cost of the advisor's time spent on the strategy, and an efficient market strategy is one that can effectively attract new clients while minimizing the amount spent to acquire them.

Engineering 192

Engineering Financial Advisor Management Advertising 192

The Big Picture

AUGUST 1, 2023

It is useful to put drawdowns of 20 or 30% into proper context when they follow gains of 100% (SPX) and 200% (NDX). After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. Blame whatever you want – Too far, too fast? End of ZIRP?

Economics 246

Economics Valuation Marketing Marketing 246

Nerd's Eye View

JULY 5, 2023

In this guest post, Larry Swedroe, head of financial and economic research at Buckingham Strategic Wealth, discusses why many investors tend to fall prey to recency bias, and explains why global diversification – and keeping short- and long-term results in the right perspective – remains a prudent strategy. As the U.S.

Valuation 239

Valuation Economics Portfolio Investing 239

Abnormal Returns

JULY 30, 2023

alphaarchitect.com) How to properly use a DCF model. allstarcharts.com) Cullen Roche, "Insurance is designed to provide you with short-term certainty around an uncertain outlier event. Top clicks this week Ken Bui, "Private equity sucks the good out of American products and businesses." humbledollar.com) Has sentiment already peaked?

Insurance 233

Insurance Retail Portfolio Investing 233

Abnormal Returns

FEBRUARY 6, 2024

allstarcharts.com) Strategy A long term look at bond yields vs. stock yields. stratechery.com) The Vision Pro is will only serve to isolate us more than we already are. awealthofcommonsense.com) Answering some questions about using the Vision Pro. (markets.businessinsider.com) Newsletter writers are bullish. cbsnews.com)

Financial Advising 243

Financial Advising Valuation Manufacturing Media 243

Abnormal Returns

OCTOBER 24, 2023

(sciencedirect.com) How AI can be used to identify information in conference calls. fwpwealth.com) Research Research shows the classic short-term reversal effect has steadily weakened over time. alphaarchitect.com) Companies with available, undrawn lines of credit outpeform. quantrocket.com) On the impact (or not) of green bonds.

Economics 200

Economics Assets Marketing Marketing 200

Abnormal Returns

FEBRUARY 21, 2024

apolloacademy.com) Inflationary expectations can have long term effects. thecut.com) Why appliances don't last as long as they used to. Markets The list of Europe's biggest stocks are filled with pharma companies. euronews.com) Hedge funds have been underweight the Magnificent Seven. ft.com) Strategy Certainty sells. wsj.com)

Financial Advising 237

Financial Advising Distribution Retail Media 237

Nerd's Eye View

JANUARY 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study has found that while total financial advisor headcount across all channels only increased by 0.3% in 2023, the RIA space showed significantly more strength, with 10.4%

Financial Planner 229

Financial Planner Fiduciary Duty Retirement Retirement Planning 229

Nerd's Eye View

FEBRUARY 17, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the SEC is proposing to expand the adviser custody rule beyond securities and funds to cover all assets in a client’s portfolio, including private securities, real estate, derivatives, and cryptoassets.

Financial Planner 203

Financial Planner Fiduciary Duty Retirement Planning Compliance 203

Nerd's Eye View

DECEMBER 8, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a new study from research firm Cerulli has found that investors' willingness to pay for financial advice has risen over the last 15 years, with more investors reporting using a financial advisor (and a decreasing share considering (..)

Financial Planner 201

Financial Planner Numbers Clients Wealth Management 201

Nerd's Eye View

JANUARY 1, 2024

Welcome to the January 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Retirement Planning 217

Retirement Planning Compliance Startup Clients 217

Calculated Risk

FEBRUARY 11, 2024

Note: I used to post this monthly, but I stopped during the COVID-19 pandemic. I've received a number of requests lately to post this again, so here is another update of tracking employment during Presidential terms. Bush and Trump only served one term. The top two previous private sector terms were both under President Clinton.

Economy 96

Economy Education Government Numbers 96

The Big Picture

MAY 21, 2023

We have a lot less to go around with, in terms of fighting poverty. dementia now carved into her short-term memory: A recent neurological assessment had found the 82-year-old was unable to say what year it was or name the city she was in. How is poverty different in America than in its peer countries? billion including debt.

Insurance 283

Insurance Healthcare Nonprofit Ethics 283

Nerd's Eye View

FEBRUARY 28, 2024

Alternatively, advisers can introduce reflection questions using the phrase, "it seems" as a way to rephrase and summarize something a prospect said in order to elicit additional thoughts. The "it seems" framework is particularly useful when prospects need help prioritizing multiple goals.

Planning 227

Planning Financial Advice Financial Planning Clients 227

The Big Picture

MAY 17, 2023

Beyond short-term extrapolation, they have little to no ability to provide insight into intermediate-term (6-12 months) inflation. Beyond short-term extrapolation, they have little to no ability to provide insight into intermediate-term (6-12 months) inflation. They shouldn’t.

318

318

Nerd's Eye View

JANUARY 22, 2024

For example, an advisor may think of "risk management" in terms of life and property insurance coverage, whereas HNW clients may instead think of tax and estate-planning strategies as asset protection measures – particularly for the future wealth of their heirs.

Financial Advisor 201

Financial Advisor Insurance Coverage Charitable Planning Estate Planning 201

Nerd's Eye View

DECEMBER 25, 2023

And as 2023 draws to a close, we wanted to highlight 25 of the most popular and insightful articles that were featured throughout the year (that you might have missed!).

Financial Advisor 218

Financial Advisor Financial Planner Insurance Clients 218

Abnormal Returns

NOVEMBER 7, 2023

(allstarcharts.com) Investors love ultra-short term bond ETFs. bloomberg.com) Companies Private equity is getting into the short-term rental market. awealthofcommonsense.com) Wholesale used car prices fell in October. etf.com) Private credit Another sign that the private credit business is getting frothy.

Economy 147

Economy Financial Advising Food Media 147

Nerd's Eye View

JANUARY 4, 2023

And when it comes to retirement planning, one popular technique is the use of ‘guardrails’, which set an initial monthly withdrawal rate that can be later adjusted as the size of the client’s portfolio changes. Financial advisors have a wide range of strategies at their disposal to create financial plans for their clients.

Retirement 238

Retirement Distribution Retirement Planning Asset Allocation 238

Abnormal Returns

NOVEMBER 16, 2023

wapo.st) A big farming family uses more Colorado River water than the city of Las Vegas. nytimes.com) Why long-term care is so prohibitively expensive in the U.S. grist.org) You used to have to get your gadgets through a catalog (or local Radio Shack). undark.org) How attachment theory went mainstream. farm economy is in flux.

Economy 208

Economy 208

Nerd's Eye View

APRIL 3, 2024

Even more difficult is using data based on samples and surveys (and subject to constant revision!) With a plethora of interdependent and ever-changing parts, gaining a clear (or even not-terribly-fuzzy) understanding of where the economy stands at any given moment is a daunting task, to say the least. GDP) continues to expand.

Economics 186

Economics Marketing Marketing Valuation 186

Abnormal Returns

OCTOBER 26, 2023

open.spotify.com) Environment Canada is still coming to terms with its year of fire. open.spotify.com) Environment Canada is still coming to terms with its year of fire. kitces.com) Insurance company data can be used for good or evil. nytimes.com) Alaska's fisheries are increasingly at-risk. million map at auction.

Insurance 242

Insurance Marketing Marketing 242

Abnormal Returns

MARCH 15, 2023

morningstar.com) SVB stood out in terms of the amount of uninsured deposits. wsj.com) Gentrification (and short-term rentals) are upending neighborhoods in Austin, TX. wapo.st) Is using ChatGPT on a jobs application dishonest? Markets The demise of SIVB upended all manner of market trends. wsj.com)

Financial Advising 220

Financial Advising Media Risk Management Banking 220

Abnormal Returns

JANUARY 6, 2024

theatlantic.com) The case for short-term EV leases. nationalreview.com) Water Why we need to tax groundwater use. wapo.st) What dogs can teach us about loss and grief. wsj.com) Drugs Cannabis use can have adverse effects for seniors. independent.co.uk) 10 stats on alcohol use in America. The problem is water.

Food 213

Food Financial Advising Media Transportation 213

Abnormal Returns

SEPTEMBER 30, 2023

axios.com) Sea glass is on the decline as single-use plastics dominate. ft.com) Can AI be used to forecast hurricanes? arstechnica.com) Cannabis Cannabis use in your teens could have long term effects. arstechnica.com) Cannabis Cannabis use in your teens could have long term effects.

Medicine 261

Medicine Pharmaceutical Food Financial Advising 261

The Big Picture

APRIL 13, 2024

I can only use under 30 seconds at a time, but still, it’s an embarrassment of riches to choose from, and endless fun for me. I can only use under 30 seconds at a time, but still, it’s an embarrassment of riches to choose from, and endless fun for me.

License 140

License Economics Investing Investments 140