Random Roger's Retirement Planning

MARCH 30, 2024

I stumbled into some content about model ETF portfolios including one interesting portfolio that was comprised of ETFs that I'd mostly never heard of. It was impressive that the portfolio was not just a collection of the largest Vanguard, iShares or Schwab ETFs. From there it will either work as hoped for or not.

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Asset Allocation Portfolio Assets Management 77

Random Roger's Retirement Planning

MARCH 6, 2024

Over the last couple of weeks I've sat in on a few industry related webinars including what I would call more of a direct sales presentation. I don't usually do a lot of this sort of thing but if nothing else these could help me take the temperature of what is going on in the RIA space outside my normal routine.

Portfolio 82

Portfolio Clients Sales Education 82

The Big Picture

SEPTEMBER 8, 2023

My end-of-week morning train WFH reads: • How Blackstone Sprinted Ahead of Its Peers in AI : Eight years ago, Stephen Schwarzman decided to go all in on artificial intelligence — and never looked back. The average loss from IPO across the portfolio is 46%. Wired ) • What Are The Swing States Of The Future? Shaw & Co.,

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Random Roger's Retirement Planning

JANUARY 26, 2024

There was some good buzz around changes made by Blackrock in its model portfolios. I signed up for an account at Blackrock to look at their models, still processing, and while I won't post their models, I am curious if they tend to build their models with many funds or just a few. There's validity in both.

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Portfolio Distribution Accounting Media 86

Nerd's Eye View

NOVEMBER 29, 2022

My guest on today's podcast is Anh Tran. Welcome back to the 309th episode of the Financial Advisor Success Podcast ! Anh is the Founder and Managing Partner for SageMint Wealth, a corporate LPL-affiliated RIA based in Orange, California, that oversees nearly $325 million for 195 client households.

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Estate Planning Financial Advisor Financial Services Clients 228

The Big Picture

JULY 18, 2023

My Two-for-Tuesday train WFH reads: • Good News-Bad News About the Economy : The hard part about markets and the economy is that there are often conflicting signals about what’s going on. What are some of the reasons this could happen? Even when things are good there are ominous signs about impending doom. I became one.

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Portfolio Management Economy Assets Management 237

The Big Picture

SEPTEMBER 7, 2022

My extra special guest this week is Lynn Martin. Tell us what that experience was like. It wasn’t a crisis, and that I remember waking up on New Year’s Eve 1999, I’m going to work in a call center because that’s what you do in your 20s, working at IBM. I said, “What’s that?” RITHOLTZ: Yeah.

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Communication Engineering Marketing Marketing 294

Nerd's Eye View

OCTOBER 3, 2023

My guest on today's podcast is Brett Danko. Welcome back to the 353rd episode of the Financial Advisor Success Podcast !

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Certified Financial Planner CFP Education Financial Advisor 232

Nerd's Eye View

MARCH 5, 2024

My guest on today's podcast is Rob Schultz. Welcome back to the 375th episode of the Financial Advisor Success Podcast ! Rob is the Senior Partner of NWF Advisory, a hybrid firm based in Los Angeles, California, where he oversees nearly $500M in assets under management for 200 client households.

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Clients Financial Advisor Medicine Financial Planner 130

Random Roger's Retirement Planning

FEBRUARY 15, 2024

I'm not going into detail obviously beyond the unpredictable nature of this anecdote and that you just never know what can happen. I had my own close-ish call never expecting the partners at the old iteration of my firm to lose the firm. What is your backup plan if your hand is forced into early retirement?

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Retirement Portfolio Accounting Insurance 71

The Big Picture

MAY 15, 2023

My back-to-work morning train WFH reads: • Ken Griffin’s Hand-Picked Math Prodigy Runs Market-Making Empire : Citadel Securities CEO Peng Zhao left for college at age 14, caught Griffin’s eye early in his career and built systems now mopping up market share. The Atlantic ) • What’s the Deal With Adulthood?

Math 141

Math Insurance Portfolio Management 141

Nerd's Eye View

JUNE 20, 2023

My guest on today's podcast is Tony Hixon. Welcome back to the 338th episode of the Financial Advisor Success Podcast! Tony is the Co-founder and COO for Hixon Zuercher Capital Management, an independent RIA based in Findlay, Ohio, that oversees more than $300 million in assets under management for nearly 330 client households.

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Retirement Clients Financial Advisor Financial Planning 234

Random Roger's Retirement Planning

JANUARY 14, 2024

Long time readers might know my fascination with Nassim Taleb's idea about barbelling portfolios to concentrate risk into a small slice while having the vast majority in safe assets. It turns out Portfoliovisualizer can model actual Bitcoin which is more accurate than using Grayscale Bitcoin Trust. So this is interesting.

Portfolio 55

Portfolio Budgeting Assets Investing 55

The Big Picture

OCTOBER 24, 2022

She has a fascinating career, starting a PLS working away up as an analyst and eventually, head of outcome-based strategies for Morningstar, eventually rising from that position and portfolio manager to Chief Investment Officer. And I think you will also, with no further ado, my conversation with Morningstar’s, Marta Norton.

Portfolio 130

Portfolio Management Assets Investing 130

Random Roger's Retirement Planning

MAY 7, 2024

My interest in carry would if it ends up being an uncorrelated return stream and then from there, whether blending it with equities or fixed income into one fund gives any sort of useful result. They mentioned the model portfolios they maintain. If you know of such a fund, please leave a comment.

Portfolio 58

Portfolio Education Management Investing 58

Random Roger's Retirement Planning

NOVEMBER 21, 2023

First up was a webinar about model portfolios at ETF.com. They talked about how outsourcing model construction can save advisors a lot of time. The way my new firm is set up, I could outsource everything, for a fee, and the way this was positioned, I think there might be a decent number of advisors who do just that.

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Portfolio Asset Allocation Math Compliance 73

The Big Picture

SEPTEMBER 19, 2023

Her job is portfolio and product solutions and that means she could go anywhere in the world and do anything. Let’s start a little bit before we get to what you do at Goldman Sachs. But my, my grandmother’s from Normandy and so I’ve been speaking French since I can, as long as I can remember.

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Assets Management Portfolio Investing 141

The Big Picture

JULY 11, 2023

With no further ado my conversation with Franklin Templeton’s CEO, Jenny Johnson. JOHNSON: So I spent a year, my father said to me, “Look, if you’re going to be in the financial services business you should probably work in New York.” What was your first role at FT? Jenny Johnson, welcome to Bloomberg.

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The Big Picture

SEPTEMBER 19, 2022

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, what can I say, I have yet another extra special guest, Albert Wenger, managing partner at Union Square Ventures. With no further ado, my conversation with Union Square Ventures’ Albert Wenger. And I’ve stuck with that, my entire life. WENGER: No.

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The Big Picture

FEBRUARY 21, 2023

This completes my set. With no further ado, my Masters in Business Live discussion with the Vanguard Group CEO Tim Buckley. So let’s talk a little bit about what we have going on right now. BUCKLEY: It’s been a learning time, and it’s been a growth time is what I would say, Barry. How’s it going?

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Clients Investing Investments Retirement 269

Validea

FEBRUARY 3, 2023

Annual portfolio reviews can be a touchy thing for investors, as some are constantly checking their portfolios throughout the year, obsessing over prices, while others only look at them once a year and making a blanket statement to themselves about how it did. Typically, those with a long time horizon want an equity-based portfolio.

Portfolio 59

Portfolio Assets Investing Investments 59

Discipline Funds

MAY 15, 2024

In my view its direction in the coming year is what will drive the direction of CPI. Dave is obviously very good at making money, but I think he could benefit from viewing his stock portfolio more like he views his actual business and the way a business grows over very long time horizons. Here’s how I see this playing out.

Assets 52

Assets Asset Allocation Portfolio Financial Planning 52

Random Roger's Retirement Planning

DECEMBER 23, 2023

After having fun the other day with building a 75/50 portfolio with just two or three funds, I wanted to start this post a little more practically with portfolio construction and the importance of diversifying your diversifiers. My thought on why this is important is very simple. Both PPFIX and JAAA are in my ownership universe.

Portfolio 67

Portfolio Management Taxes Clients 67

Brown Advisory

APRIL 21, 2023

But we never forget that we manage diversified portfolios, and those portfolios are indeed affected by macro factors; inflation, interest rates, bank liquidity and other issues facing the economy will of course influence the prospects of the companies we hold in our strategies.

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Portfolio Management Portfolio Banking Management 98

The Big Picture

OCTOBER 10, 2023

My Two-for-Tuesday morning train reads: • Why Are Interest Rates Spiking? Financial Times ) • How to Build a Private Credit Portfolio : GIC and StepStone tested model portfolios for risk-mitigation and return enhancement. Here’s what they found. The bond market continues to be even crazier than the stock market.

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Medical Economy Portfolio Accounting 130

Random Roger's Retirement Planning

FEBRUARY 7, 2024

The mutual fund version took what looks like a different path, year by year, to a noticeably better result. The mutual fund version models in like quite a few of the alts we look at regularly at, it was only down 3.37% in 2022. A fund whose sole strategy is reinsurance is probably not my first choice.

Taxes 60

Taxes Portfolio Clients Investing 60

Carson Wealth

MARCH 7, 2024

By Jake Anderson, CFP ® , Wealth Planner When helping clients begin retirement planning, the same questions often arise: What should my retirement plan look like? Let’s look at a few of the starting points today for a healthy retirement savings portfolio. How much should I be saving? Again, I wish I had that crystal ball!

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Retirement Planning Retirement Planning Risk Tolerance 143

The Big Picture

JANUARY 9, 2024

With no further ado, my conversation with Money stuffs Matt Levine, 00:01:14 [ Matt Levine ] Thanks for having me. 00:01:53 [Matt Levine] That’s, you’re quoting my LinkedIn, which probably my proudest social media presence is my LinkedIn is. So I get a lot of my bragging in that way.

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Retail Banking Math Management 130

Sara Grillo

APRIL 19, 2024

Please subscribe to my newsletter to receive updates that raise awareness of consumer financial issues. How can I stop a financial advisor from stealing my money? #1 Learn what all these terms mean. Definitions on the internet are one thing, and what it actually says in the agreement is another. Read it here.

Financial Advisor 97

Financial Advisor Financial Advice Accounting Compliance 97

Discipline Funds

MAY 3, 2024

2) Small Habits with a Big Impact I loved this question from Twitter where someone asked: “what financial habit has made the biggest impact in your life?” And as a general rule I think it’s smart to assume that any debt with an interest rate higher than a 50/50 stock/bond portfolio’s expected return, is a bad debt.

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Government Economics Economy Portfolio 52

Nerd's Eye View

APRIL 11, 2023

My guest on today's podcast is Thomas West. Welcome back to the 328th episode of the Financial Advisor Success Podcast !

Financial Advisor 130

Financial Advisor Medical Financial Planning Clients 130

Random Roger's Retirement Planning

NOVEMBER 8, 2023

Last year we looked a couple of times at something called the Cockroach Portfolio created by Jason Buck. It seemed like it was inspired by Harry Browne's Permanent Portfolio which they talked about in the current interview. Portfolio 1 came out ahead but it lagged for years while bonds were still going up in price.

Portfolio 40

Portfolio Management Assets Clients 40

The Big Picture

DECEMBER 5, 2023

I found this conversation to really be intriguing and I think you will also, with, with no further ado, my discussion with American Security, CEO, Michael Fish. What was the original career plan? What was the original career plan? And I’ll, when do I write my letter of recommendation? You get a Stanford MBA.

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Management Investing Investments Numbers 173

Random Roger's Retirement Planning

AUGUST 10, 2022

Corey Hoffstein had a Tweet making fun of Blackrock for lack of conviction for allocating just 1% to some commodity alt (it was not Bitcoin) in model portfolios. Not knowing what the models look like, it would be tough for me to have a strong opinion about a 1% allocation beyond yeah, that might be a little light.

Portfolio 64

Portfolio Clients Accounting Management 64

The Big Picture

JANUARY 24, 2023

With no further ado, my conversation with New Mountain Capitals’s founder and CEO, Steve Klinsky. What made you pursue that? And you know, my family had a business. RITHOLTZ: So you do a senior thesis about what was then the newly emerging field of private equity, which school did you do the thesis for?

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Investing Investments Numbers Banking 257

The Big Picture

DECEMBER 13, 2022

My Two-for-Tuesday train reads: • The fall of FTX shocked everyone. Brookings ) see also How the Fed Causes (Model) Apartment Inflation : Home prices are rising, in part due to a lack of inventory but exacerbated a great deal by rapidly rising mortgage rates. Except this guy. The Atlantic ). • You Bought a Hot Fund. Should we care?

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Recruitment Distribution Accounting Sales 152

Carson Wealth

FEBRUARY 26, 2024

Also please be sure to check out our weekend Intangible Balance Sheet Podcast episodes where my guests and I explore what Intangible Wealth they want to pass on to the next generation! I use these as an opportunity to gain a better sense of what a particular person or family might want their money to accomplish for them.

Planning 52

Planning Taxes Clients Estate Planning 52