Wealth Management

SEPTEMBER 25, 2023

Vista Financial Advisors registered in 2021 and soon claimed it managed more than $11.5 trillion—with a "T"—with no evidence of any legitimate assets at all, according to the commission.

Commission 289

Commission Financial Advisor Assets Management 289

Calculated Risk

FEBRUARY 28, 2023

Asset Quality Metrics Remained Favorable Despite Modest Deterioration: Loans that were 90 days or more past due or on nonaccrual status (i.e., Total assets of problem banks declined $116.3 This graph from the FDIC shows the number of problem banks and assets at problem institutions. noncurrent loans) increased to 0.73

Banking 360

Banking Insurance Numbers Assets 360

Wealth Management

DECEMBER 22, 2022

After a bullish 2021 for NFTs and cryptocurrencies, the value of these digital assets fell significantly in 2022.

Investments 278

Investments Investing Assets 278

The Big Picture

APRIL 3, 2023

The asset value peak was $33.6 trillion (USD) in 2021; that’s down only slightly to $31.4 Given the rough year markets had in 2022, including all of the held asset classes, it is an impressive, albeit curious showing. Its an amazing collection of charts and data. trillion as of the end of 2022.

Assets 312

Assets Consulting Taxes Marketing 312

Calculated Risk

JANUARY 1, 2023

in Q4 2021. Regional mall properties, on the other hand, continue to be the most at-risk retail subtype according to our commercial mortgage delinquency data, driving overall delinquency behavior among retail assets. in Q2 2021, and unchanged from 11.2% in Q4 2021. in Q2 2021. in Q4 2021. in Q4 2021.

Retail 363

Retail Assets Investments Investing 363

Calculated Risk

MAY 29, 2024

Asset Quality Metrics Remained Generally Favorable With the Exception of Material Deterioration in Credit Card and Commercial Real Estate (CRE) Portfolios: Loans that were 90 days or more past due or in nonaccrual status increased to 0.91 Total assets held by problem banks rose $15.8 billion to $82.1 Problem banks represent 1.4

Numbers 312

Numbers Banking Insurance Assets 312

Calculated Risk

SEPTEMBER 12, 2024

As a percent of GDP, net worth increased in Q2, but is below the peak in 2021. This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc.) The third graph shows household real estate assets and mortgage debt as a percent of GDP. Net worth increased $2.8 trillion in Q2 to an all-time high.

Nonprofit 332

Nonprofit Assets Accounting 332

Calculated Risk

DECEMBER 9, 2022

trillion from the all-time high in Q4 2021. This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc) net of liabilities (mostly mortgages). The third graph shows household real estate assets and mortgage debt as a percent of GDP. Net worth as a percent of GDP is down $6.8 in Q2, 2022.

Nonprofit 360

Nonprofit Assets Accounting 360

The Big Picture

JANUARY 3, 2025

Prior to joining Raymond James, Sunaina founded Cebile Capital , which was acquired by Raymond James in 2021. Be sure to check out our Masters in Business next week with Brian Hurst founder and CIO of ClearAlpha , a multi strategy hedge fund managing $1 billion in client assets.

Portfolio Management 162

Portfolio Management Assets Management Economics 162

Calculated Risk

OCTOBER 5, 2022

From Moody’s Analytics Senior Economist Lu Chen: Office continues its bumpy ride, and Retail remains flat Office vacancy has been persistently stuck at over 18% since early 2021 , a consequence of excess inventories and strains on companies’ expansion plans. in Q3 2021. Q2 2021 at 18.5% in Q1 2021, and down from 11.3%

Retail 314

Retail Economics Assets Planning 314

Wealth Management

FEBRUARY 14, 2023

The Dallas-based discount retailer filed in the Northern District of Texas, listing assets and liabilities of $100 million to $500 million, in its bankruptcy petition. It emerged from its last bankruptcy in January 2021 after closing about 200 stores, cutting its employee headcount and slashing debt.

Retail 258

Retail Assets 258

Abnormal Returns

FEBRUARY 26, 2024

kitces.com) Daniel Crosby on why not caring what other people think is a valuable asset. advisorperspectives.com) A look at the donor advised fund industry including 'Nearly half of all DAFs (49%) had total assets at the end of 2021 of less than $50,000.' (open.spotify.com) Michael Kitces talks with Ben Hockema.

Wealth Management 290

Wealth Management Financial Services Retail Insurance 290

Abnormal Returns

OCTOBER 18, 2022

(ft.com) On the relationship between asset growth and lottery stock status. alphaarchitect.com) 2021 saw a baby bump, which was against trend. alphaarchitect.com) The problem with growth: persistence is fleeting. mailchi.mp) Why companies see a jump in their stock price when they hire a black CEO. It appears yes.

Assets 246

Assets Investing Investments Marketing 246

The Big Picture

AUGUST 20, 2024

The transcript from this week’s, MiB: Mike Greene, Simplify Asset Management , is below. We have to pay attention to this, and we have to understand why this is potentially a risky asset. Precisely because we look at it and we’re like, wait a second, if this risk goes wrong, not only do I lose my assets, but I lose my job.

Assets 173

Assets Management Portfolio Marketing 173

Calculated Risk

SEPTEMBER 8, 2023

As a percent of GDP, net worth increased in Q2, but is below the peak in 2021. This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc) net of liabilities (mostly mortgages). The third graph shows household real estate assets and mortgage debt as a percent of GDP. Net worth increased $5.5

Nonprofit 314

Nonprofit Assets Accounting 314

Nerd's Eye View

MARCH 25, 2025

AJ is the co-founder of Brooklyn Fi, an RIA based in Brooklyn, New York but operating as a fully remote business, that oversees $370 million in assets under management for more than 400 client households. My guest on today's podcast is AJ Ayers.

Financial Advisor 130

Financial Advisor Clients Recruitment Certification 130

The Big Picture

JULY 27, 2022

But also look at the year-over-year change in the Quits Rate: It spiked in percentage terms to all-time highs in early 2021, before slowly easing back towards (more or less) flat to 2019 over the ensuing 12 months. The 2010s monetary rescue plan benefitted anybody who owned capital assets: Stocks, Bonds, and Real Estate.

Medicine 331

Medicine Numbers Food Insurance 331

The Big Picture

NOVEMBER 1, 2022

In January 2021, those mortgages were as low as 2.65%; today they are over 7%. Making the cost of capital practically nothing had all sorts of ramifications, not the least of which was to make risk assets – stocks bonds real estate, etc. That was evident in 2021 (perhaps even late 2020). worth appreciably more. October 7, 2022).

Banking 312

Banking Economy Assets Management 312

The Big Picture

SEPTEMBER 3, 2022

The signs of volatility were increasing in December 2021 and the NYSE was able to manage the massive influx of orders and messages — half a trillion buy and sell messages per day with a 30 microsecond response time. Citi Global Wealth manages more than $800B in Client Assets, and North America accounts for about half of that business.

Wealth Management 311

Wealth Management Banking Accounting Management 311

The Big Picture

JUNE 22, 2023

It shows “Share of Total Assets Held by the Bottom 50% ( red line ) versus the Share of Total Assets Held by the Top 0.1% ( green line ). Consider the chart at top, created by Invictus via FRED. That spread is currently just about as wide as its ever been.

Distribution 306

Distribution Assets Numbers Economics 306

The Big Picture

MARCH 10, 2023

Price stability and full employment seems to have taken a back seat to asset prices, discouraging speculation, and increasing Fed Chair “credibility.” But even after they identified higher prices as a problem – CPI blew though their 2% inflation target in March 2021 – they waited way too long to respond.

Banking 342

Banking Assets Management Economy 342

Calculated Risk

FEBRUARY 25, 2025

Luke, CFA, Head of Commodities, Real & Digital Assets at S&P Dow Jones Indices. observed in 2021 and are seeing below-trend growth over the history of the index. National home prices have risen by 8.8% annually since 2020, led by markets in Florida, North Carolina, Southern California, and Arizona.

Accounting 147

Accounting Economy Assets Marketing 147

Nerd's Eye View

APRIL 19, 2024

Also in industry news this week: The Office of Management and Budget (OMB) has completed its review of the Department of Labor's new "fiduciary rule ", indicating that it could be released in the coming days or weeks (though, like its predecessors, its ultimate disposition is likely to be determined in the courts) The IRS announced this week that it (..)

Financial Planner 246

Financial Planner CFP Financial Advisor Retirement Planning 246

The Big Picture

OCTOBER 30, 2023

Experts warned that real estate bubbles—in which the price of assets moved up far beyond their intrinsic value—were forming. With its high-income earners and the country’s low interest rates, the city has been steadily climbing the real estate bubble-risk rankings, 5th in 2021, to 3rd in 2022, to the top spot this year.

Marketing 264

Marketing Marketing Assets 264

Alpha Architect

DECEMBER 19, 2022

The authors examine the robustness of their inferences after Adams, Hayunga, and Mansi (2021) critique the above two studies. Bigger is Not Always Better in Asset Management was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Assets 103

Assets Management Investments Investing 103

The Big Picture

OCTOBER 7, 2022

If only the Fed didn’t do X, our portfolio would have been much better” seems to be a terrible approach to managing assets for clients. During the same period of time, the S&P 500 rose 67.9% (2020) and 28.7% (2021). All too often, Fed criticism is thinly-veiled excuse-making for underperforming alpha chasers. “If

Banking 336

Banking Economics Portfolio Assets 336

Calculated Risk

JUNE 7, 2024

As a percent of GDP, net worth increased in Q1, but is below the peak in 2021. This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc.) The third graph shows household real estate assets and mortgage debt as a percent of GDP. Net worth increased $5.1 trillion in Q1 to an all-time high.

Nonprofit 217

Nonprofit Assets Accounting 217

The Big Picture

FEBRUARY 27, 2023

MSCI ex-USA: 8.4% ( Wealth of Common Sense ) • I’m not Sure Speculation Is Gone : Jim Chanos, president and founder of Chanos & Company, believes the level of silliness and speculation seen in 2020 and 2021 marked an important moment for valuations. These were the annual returns1 from 1970 through January 2023: S&P 500: 10.5%

Valuation 290

Valuation Assets Management Marketing 290

Calculated Risk

DECEMBER 26, 2022

year-over-year in November compared to November 2021. Price appreciation will decrease from the unsustainable 2021 pace but seems likely to still be in the mid-to-high single digit range in 2022." compared to the same period in 2021. compared to the same period in 2021. Note: The NAR reported inventory was up 2.7%

Economics 285

Economics Sales Banking Economy 285

The Big Picture

OCTOBER 28, 2022

My end-of-week morning train WFH reads: • For Diving FAANG Stocks, It’s the End of an Era : The five FAANG stocks are on track for their worst simultaneous losses ever, a far cry from their late-2021 highs. Which Asset Class is More Attractive Right Now: Stocks or Bonds? Wall Street Journal ).

Startup 277

Startup Banking Food Assets 277

The Big Picture

AUGUST 30, 2023

Whatever phrase you select, the persistent gap between investors’ performance and the assets they hold is a substantial drag on returns. In this report, we dig into these nuances and explore how differences in the timing of cash flows, sequence of returns, and asset size can impact this gap.

Assets 243

Assets Investments Investing Taxes 243

The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. It depends on your asset allocation. And they took it out of their asset allocation in favor of other strategies.

Assets 147

Assets Management Investments Investing 147

Calculated Risk

MARCH 7, 2024

As a percent of GDP, net worth increased in Q4, but is below the peak in 2021. This includes real estate and financial assets (stocks, bonds, pension reserves, deposits, etc.) The third graph shows household real estate assets and mortgage debt as a percent of GDP. Net worth increased $4.8 trillion in Q4 to an all-time high.

Nonprofit 211

Nonprofit Assets Accounting 211

The Chicago Financial Planner

FEBRUARY 3, 2022

At the end of 2021, Meta shares comprised 1.96% of the Vanguard S&P 500 Index ETF (ticker VOO). Review your asset allocation . With the tremendous year for stocks in in 2021, many investors are likely still in a good long-term position. Much of this decline was fueled by the huge decline in Facebook’s parent’s shares.

Asset Allocation 190

Asset Allocation Financial Planner Marketing Marketing 190

Calculated Risk

JANUARY 1, 2023

The FDIC's official problem bank list is comprised of banks with a CAMELS rating of 4 or 5, and the list is not made public (just the number of banks and assets every quarter). CAMELS is the FDIC rating system, and stands for Capital adequacy, Asset quality, Management, Earnings, Liquidity and Sensitivity to market risk.

Banking 230

Banking Assets Media Insurance 230

Nerd's Eye View

AUGUST 12, 2022

As RIA firms’ challenges in attracting and retaining talent have continued, firms have needed to reduce their business development activities to stay within their existing staff's capacity (compounding the challenges of growing firm revenue during a bear market that has reduced most firms’ assets under management).

Financial Planner 245

Financial Planner Retirement Healthcare Numbers 245

The Big Picture

AUGUST 1, 2023

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. Were you a late FOMO buyer in 2021? Investors hold asset classes, to benefit from long-term value creation and compounding. End of ZIRP? Too rapid rate increases? –

Economics 246

Economics Valuation Marketing Marketing 246