The Big Picture

NOVEMBER 20, 2023

19, 2023 Who Cares Wins : The Global Compact Connecting Financial Markets to a Changing World Swiss Federal Department of Foreign Affairs, United Nations, 2004 _ 1: WSJ: “Conventional funds also lost money, but the pain was more acute for climate and other thematic products hit by high-interest rates and other factors.”

Taxes 195

Taxes Portfolio Investing Investments 195

The Big Picture

MARCH 8, 2024

He is responsible for commercial businesses worldwide, and has been with Blackrock since 2004. Be sure to check out our Masters in Business next week with Mark Wiedman, BlackRock’s Head of the Global Client Business. The firm manages over $10 trillion in client assets.

Government 173

Government Assets Clients Management 173

The Big Picture

JUNE 10, 2023

He cofounded Tikehau in 2004 with Antoine Flamarion, a colleague at Deutsche Bank. This week, we speak with Mathieu Chabran, co-founder of Tikehau Capital. The firm is a global alternative asset manager with $40B in AUM manged in 13 offices around the world.

Banking 173

Banking Assets Management 173

Wealth Management

MARCH 30, 2023

The advisors have a shared history at KLS Professional Advisors Group in New York, a family office-focused RIA acquired by Boston Private in 2004.

122

122

Nerd's Eye View

JUNE 21, 2023

However, the early 2000s were plagued by a variety of SEC enforcement actions that alleged fiduciary duty violations – primarily involving trading abuses by investment advisory personnel – which led the regulator to create a rule (that became effective in 2004) requiring all SEC-registered investment advisers to adopt and enforce a written (..)

Ethics 244

Ethics Fiduciary Duty Compliance Clients 244

Wealth Management

SEPTEMBER 17, 2024

billion wealth management firm since 2004, previously serving as chief wealth officer and lead advisor. Dougal Williams has been with the $2.5

Wealth Management 105

Wealth Management Management 105

Calculated Risk

OCTOBER 31, 2022

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.41% are seriously delinquent (down from 2.48% in August). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 145

Portfolio 145

Calculated Risk

DECEMBER 28, 2022

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.15% are seriously delinquent (down from 2.34% in October). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 144

Portfolio 144

The Big Picture

OCTOBER 3, 2024

He also was one of the alums quoted by the New York Times in 2004 who was threatening to withhold future gifts if Harvard didn’t cut the compensation for money managers who at the time were delivering above-benchmark returns. He is Harvard Medical School, class of 1964, and at one time a regular and generous donor to the medical school.

Medical 133

Medical Management Investing Investments 133

Calculated Risk

APRIL 28, 2023

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 1.93% are seriously delinquent (down from 2.04% in February). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 143

Portfolio 143

Calculated Risk

JANUARY 30, 2023

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.16% are seriously delinquent (down from 2.15% in November). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 142

Portfolio 142

Calculated Risk

DECEMBER 1, 2022

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.34% are seriously delinquent (down from 2.41% in September). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 141

Portfolio 141

Alpha Architect

NOVEMBER 8, 2024

Their findings also provide support for Andrew Lo’s The Adaptive Markets Hypothesis (2004). Once anomalies are well recognized by the market they decline and may even disappear, though limits to arbitrage can allow them to persist. Markets Becoming More Efficient: The Disappearing Index Effect was originally published at Alpha Architect.

Marketing 109

Marketing Marketing Management Investing 109

Calculated Risk

JANUARY 10, 2023

This graph is for South Lake Tahoe since 2004 through December 2022, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is a 12-month average, and is distorted by the mix, but this is the available data.

Marketing 136

Marketing Marketing 136

Calculated Risk

MAY 9, 2023

This graph is for South Lake Tahoe since 2004 through April 2023, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is a 12-month average, and is distorted by the mix, but this is the available data.

Marketing 133

Marketing Marketing 133

Calculated Risk

OCTOBER 11, 2022

Here is the expanded series from the MBA of mortgage credit availability that includes the bubble years (2004 - 2006). Look at that huge increase in mortgage credit availability back in the 2004 - 2006 period (remember “fog a mirror, get a loan”, NINJA loans: No Income, No Job or Assets?).

Sales 104

Sales Assets 104

Calculated Risk

AUGUST 31, 2022

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.60% are seriously delinquent (down from 2.75% in June). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 131

Portfolio 131

Prosperity Coaching

JUNE 12, 2023

I’ve been working with financial advisors since 2004! You know who I’m talking about: the affluent. The clients with the assets. HNW or UHNW. The clients with the money to invest. I […] The post Financial Advisors: Finding the Elusive Wealthy Client appeared first on The Prosperous Advisor Coaching Blog.

Financial Advisor 98

Financial Advisor Clients Assets Investing 98

NAIFA Advisor Today

AUGUST 11, 2022

Robert Edgin, LACP , (loyal member since 2004), insurance agent and registered representative at American National in Colorado Springs, CO. Julianne Hertel, LACP , (loyal member since 2009), financial advisor and founder at Dream Big Wealth Strategies, LLC , in Worcester, MA.

Certification 98

Certification Insurance Financial Advisor 98

NAIFA Advisor Today

JUNE 2, 2023

In 2004, he ran into his real estate agent while out on a walk with his dog. Like many, Chad Horsham, LUTCF ® , CLU ® , ChFC ® , RICP ® , got into the insurance and financial services industry through serendipity. When she heard he was looking for a new job, she suggested he look into New York Life Insurance Company.

Insurance 95

Insurance Financial Services Financial Advisor 95

Prosperity Coaching

AUGUST 23, 2022

Since 2004, I have been a Financial Advisor […]. Many industries have moved their promotions online to take advantage of inbound marketing opportunities, yet financial advisors are slow to follow, often due to compliance regulations. Regrettably, advisors under-utilize online strategies, including custom websites, to grow their firms.

Financial Advisor 89

Financial Advisor Compliance Marketing Marketing 89

Calculated Risk

JUNE 6, 2023

This graph is for South Lake Tahoe since 2004 through May 2023, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is a 12-month average, and is distorted by the mix, but this is the available data.

Marketing 95

Marketing Marketing 95

Calculated Risk

OCTOBER 1, 2022

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.48% are seriously delinquent (down from 2.60% in July). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 98

Portfolio 98

Calculated Risk

NOVEMBER 9, 2022

This graph is for South Lake Tahoe since 2004 through October 2022, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is distorted by the mix, but this is the available data.

Marketing 98

Marketing Marketing 98

Calculated Risk

OCTOBER 11, 2022

This graph is for South Lake Tahoe since 2004 through September 2022, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is distorted by the mix, but this is the available data.

Marketing 98

Marketing Marketing 98

Calculated Risk

SEPTEMBER 13, 2022

This graph is for South Lake Tahoe since 2004 through August 2022, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is distorted by the mix, but this is the available data.

Marketing 98

Marketing Marketing 98

Calculated Risk

MARCH 27, 2023

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.04% are seriously delinquent (down from 2.11% in January). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 98

Portfolio 98

Million Dollar Round Table (MDRT)

FEBRUARY 23, 2023

Between 2002 and 2004, his investments caught up to him. Heckert, CLU, ChFC , a 35-year member from Nashville, Illinois. Earlier in his career, thanks to his professional success, he accumulated other businesses including a car wash and multiple shoe stores. There were times when his credit card was declined, which was a humbling experience.

Insurance 88

Insurance Sales Clients Investing 88

Calculated Risk

APRIL 9, 2023

This graph is for South Lake Tahoe since 2004 through March 2023, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is a 12-month average, and is distorted by the mix, but this is the available data.

Marketing 97

Marketing Marketing 97

Calculated Risk

FEBRUARY 6, 2024

. • In the absence of any meaningful private-labeled securities market, the rise in FHA delinquencies is worth watching, as FHA and VA loans can be early indicators of broader mortgage performance trends • While low credit score lending hit a record low, by count, in 2023, 90% below the years leading up to the great financial crisis, FHA and VA products (..)

Marketing 93

Marketing Marketing Banking Accounting 93

Calculated Risk

JANUARY 5, 2023

The Zillow index started in 2014, the ApartmentList index started in 2017, and CoreLogic in 2004. Today, in the Calculated Risk Real Estate Newsletter: Rents Continue to Decline More than Seasonally Normal A brief excerpt: OER and rent of primary residence have mostly moved together.

97

97

Calculated Risk

DECEMBER 12, 2022

This graph is for South Lake Tahoe since 2004 through November 2022, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is a 12-month average, and is distorted by the mix, but this is the available data.

Marketing 94

Marketing Marketing 94

Calculated Risk

FEBRUARY 8, 2023

This graph is for South Lake Tahoe since 2004 through January 2023, and shows inventory (blue), and the year-over-year (YoY) change in the median price (12-month average). Note: The median price is a 12-month average, and is distorted by the mix, but this is the available data.

Marketing 90

Marketing Marketing 90

Calculated Risk

JULY 29, 2022

Click on graph for larger image By vintage , for loans made in 2004 or earlier (1% of portfolio), 2.75% are seriously delinquent (down from 2.86% in May). The Fannie Mae serious delinquency rate peaked in February 2010 at 5.59% following the housing bubble and peaked at 3.32% in August 2020 during the pandemic.

Portfolio 98

Portfolio 98

Calculated Risk

MARCH 3, 2023

In October 2004, Fed economist John Krainer and researcher Chishen Wei wrote a Fed letter on price to rent ratios: House Prices and Fundamental Value. However, in real terms, the National index (SA) is about 11% above the bubble peak (and historically there has been an upward slope to real house prices).

105

105

Calculated Risk

FEBRUARY 2, 2023

In October 2004, Fed economist John Krainer and researcher Chishen Wei wrote a Fed letter on price to rent ratios: House Prices and Fundamental Value. As an example, if a house price was $200,000 in January 2000, the price would be almost $339,000 today adjusted for inflation (69.5%

100

100

Calculated Risk

MARCH 1, 2024

For Fannie, by vintage, for loans made in 2004 or earlier (1% of portfolio), 1.62% are seriously delinquent (down from 1.67% the previous month). These are mortgage loans that are "three monthly payments or more past due or in foreclosure".

Portfolio 78

Portfolio 78