Nerd's Eye View

NOVEMBER 4, 2024

Welcome to the November 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!

Estate Planning 243

Estate Planning Planning Communication Taxes 243

Calculated Risk

JANUARY 10, 2025

The headline jobs number in the December employment report was well above expectations, however, October and November payrolls were revised down by 8,000 combined. Part Time for Economic Reasons From the BLS report : " The number of people employed part time for economic reasons, at 4.4 million from 4.47 million in November.

Numbers 278

Numbers Economics 278

Calculated Risk

MAY 6, 2024

Fannie reported results for Q1 2024. Fannie Mae reported the number of REOs decreased to 7,791 at the end of Q1 2024, down 5% from 8,403 at the end of the previous quarter, and down 9% year-over-year from Q1 2023. For Fannie, this is down 95% from the 166,787 peak number of REOs in Q3 2010.

Numbers 330

Numbers 330

Calculated Risk

OCTOBER 29, 2024

The Census Bureau released the Residential Vacancies and Homeownership report for Q3 2024 today. This survey might show the trend, but I wouldn't rely on the absolute numbers. National vacancy rates in the third quarter 2024 were 6.9 percent) and not statistically different from the rate in the second quarter 2024 (6.6

Numbers 162

Numbers Media Sales 162

Calculated Risk

AUGUST 13, 2024

Fannie reported results for Q2 2024. Fannie Mae reported the number of REOs decreased to 7,179 at the end of Q2 2024, down 10% from 7,971 at the end of the previous quarter, and down 17% year-over-year from Q2 2023. For Fannie, this is down 96% from the 166,787 peak number of REOs in Q3 2010.

Numbers 323

Numbers 323

Nerd's Eye View

NOVEMBER 15, 2024

Also in industry news this week: NASAA has proposed an amendment to its broker-dealer conduct model rule that would restrict the use of the terms “advisor” and “adviser” for broker-dealers and their registered representatives who are not also investment advisers or investment adviser representatives A recent study suggests that (..)

Financial Planner 246

Financial Planner Asset Allocation Taxes Tax Planning 246

Calculated Risk

JANUARY 8, 2025

From the Fed: Minutes of the Federal Open Market Committee, December 1718, 2024. A number of participants indicated that they incorporated placeholder assumptions to one degree or another into their projections. Reflecting that uncertainty, participants took varied approaches in accounting for these effects. emphasis added

Economics 273

Economics Accounting Financial Market Numbers 273

Calculated Risk

NOVEMBER 5, 2024

According to the latest numbers from the U.S. Bureau of Labor Statistics, the economy added just 12,000 jobs in October 2024, the fewest in almost four years. YoY increase reported at the beginning of 2024. Besides the uncertainty regarding the U.S. economy may be dampening demand and price appreciation.

Economy 254

Economy Economics Numbers Marketing 254

Calculated Risk

FEBRUARY 16, 2025

above year-ago levels For the 66th consecutive week, the number of homes for sale has increased compared with the same time last year. We project home sales to increase in 2025 compared with 2024, which notched the lowest existing-home sales since 1996. Here is their weekly report: Weekly Housing Trends ViewData for Week Ending Feb.

Sales 261

Sales Numbers Marketing Marketing 261

Calculated Risk

MARCH 14, 2025

Note: The FDIC reports the dollar value and not the total number of REOs. The dollar value of 1-4 family residential Real Estate Owned (REOs, foreclosure houses) was increased 6% YOY from $747 million in Q4 2023 to $790 million in Q4 2024. This is still historically extremely low. There is much more in the article.

Insurance 191

Insurance Banking Numbers 191

Calculated Risk

FEBRUARY 7, 2025

Important: There were the same number of working days in January 2025 (21) as compared to January 2024 (21). Note that most of these early reporting markets have shown stronger year-over-year sales than most other markets for the last several months. This was just several early reporting markets.

Marketing 261

Marketing Marketing Sales Numbers 261

Calculated Risk

JANUARY 18, 2024

Today, in the Calculated Risk Real Estate Newsletter: Single Family Starts Up Year-over-year in December; Near Record Number of Multi-Family Housing Units Under Construction A brief excerpt: The third graph shows the month-to-month comparison for total starts between 2022 (blue) and 2023 (red). Total starts were up 7.6%

Numbers 293

Numbers 293

Calculated Risk

APRIL 10, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-April 2024 A brief excerpt: This 2-part overview for mid-April provides a snapshot of the current housing market. New listings will be up year-over-year in 2024, but still below normal levels. year-over-year in March.

Marketing 290

Marketing Marketing Numbers 290

Calculated Risk

AUGUST 13, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-August 2024 A brief excerpt: This 2-part overview for mid-August provides a snapshot of the current housing market. New listings will be up year-over-year in 2024, but still below normal levels. year-over-year in June.

Marketing 289

Marketing Marketing Numbers 289

Calculated Risk

SEPTEMBER 14, 2024

Any number below 50 indicates that more builders view sales conditions as poor than good. -- Wednesday, September 18th -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. The consensus is for a 0.1% 10:00 AM: The September NAHB homebuilder survey. The consensus is for 3.85

Retail 312

Retail Manufacturing Sales Food 312

Calculated Risk

JANUARY 22, 2025

From the AIA: ABI December 2024: Business conditions end the year on a weak note The AIA/Deltek Architecture Billings Index (ABI) score fell to 44.1 The score is derived from a monthly survey of architecture firms that measures the change in the number of services provided to clients. Click on graph for larger image.

Clients 270

Clients Investments Investing Economics 270

Calculated Risk

SEPTEMBER 13, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-September 2024 A brief excerpt: This 2-part overview for mid-September provides a snapshot of the current housing market. New listings will be up year-over-year in 2024, but still below normal levels.

Marketing 303

Marketing Marketing Insurance Numbers 303

Calculated Risk

DECEMBER 24, 2024

For more details on Census updated NIM methodology, see Census Bureau Improves Methodology to Better Estimate Increase in Net International Migration Below are some tables comparing the Vintage 2024 population estimates with the Vintage 2023 population estimates.

Numbers 173

Numbers 173

Calculated Risk

SEPTEMBER 12, 2024

today released the  Homeowner Equity Report (HER)  for the second quarter of 2024. trillion in the second quarter of 2024. trillion in the second quarter of 2024. As of the second quarter of 2024, the quarterly and annual changes in negative equity were: Click on graph for larger image. The report shows that U.S.

Numbers 234

Numbers Distribution Insurance Taxes 234

Nerd's Eye View

DECEMBER 27, 2024

Also in industry news this week: According to a recent survey, advisors are putting an increasing share of client assets into model portfolios, allowing for customization and time savings that advisors appear to be using to provide more comprehensive planning services RIA M&A deal volume saw an annual record in 2024 as a lower cost of capital, (..)

Financial Planner 246

Financial Planner Insurance Coverage Insurance Valuation 246

Calculated Risk

JUNE 29, 2024

. -- Tuesday, July 2nd -- 9:30 AM: Discussion, Fed Chair Jerome Powell , Policy Panel Discussion , At the European Central Bank (ECB) Forum on Central Banking 2024, Sintra, Portugal 10:00 AM ET: Job Openings and Labor Turnover Survey for May from the BLS. Jobs openings decreased in April to 8.06 million from 8.36 million in March.

Sales 286

Sales Manufacturing Banking Government 286

Nerd's Eye View

MARCH 21, 2025

Also in industry news this week: While inter-channel advisor moves often make headlines, a recent study from Diamond Consultants found that most advisor transitions occur between firms in the same channel The number of disciplinary cases and restitution orders from FINRA increased in 2024 (the total amount of fines declined) as the self-regulatory (..)

Financial Planner 227

Financial Planner Commission Communication Clients 227

Calculated Risk

JULY 27, 2024

The number of job openings (yellow) were down 13% year-over-year and Quits were down 14% year-over-year. -- Wednesday, July 31st -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 10:00 AM: the Q2 2024 Housing Vacancies and Homeownership from the Census Bureau.

Manufacturing 295

Manufacturing Sales Government Numbers 295

Calculated Risk

DECEMBER 12, 2024

The FDIC released the Quarterly Banking Profile for Q3 2024: The Industrys Net Income Decreased From the Prior Quarter, Driven by One-Time Items Third quarter net income for the 4,517 FDIC-insured commercial banks and savings institutions decreased $6.2 This graph from the FDIC shows the number of problem banks. billion (8.6

Numbers 147

Numbers Banking Portfolio Assets 147

Calculated Risk

NOVEMBER 30, 2024

The number of job openings (black) were down 20% year-over-year. This graph shows job openings (black line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS. Jobs openings decreased in September to 7.44 million from 7.86 million in August.

Manufacturing 162

Manufacturing Sales Government Banking 162

Calculated Risk

DECEMBER 14, 2024

Any number below 50 indicates that more builders view sales conditions as poor than good. -- Wednesday, December 18th -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 8:30 AM: Gross Domestic Product, 3rd quarter 2024 (Third estimate). The consensus is for a 0.1%

Retail 262

Retail Manufacturing Sales Economics 262

Calculated Risk

APRIL 27, 2024

10:00 AM: the Q1 2024 Housing Vacancies and Homeownership from the Census Bureau. -- Wednesday, May 1st -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. The number of job openings (black) were down 11% year-over-year in February. up from 41.4 million from 8.75

Manufacturing 292

Manufacturing Sales Government Numbers 292

Calculated Risk

FEBRUARY 12, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-February 2024 A brief excerpt: This 2-part overview for mid-February provides a snapshot of the current housing market. Let’s talk house prices, sales, inventory, mortgage rates, rents and more! year-over-year in January.

Marketing 257

Marketing Marketing Numbers Sales 257

Calculated Risk

MARCH 13, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024 A brief excerpt: This 2-part overview for mid-March provides a snapshot of the current housing market. I always like to start with inventory, since inventory usually tells the tale ! year-over-year in February.

Marketing 252

Marketing Marketing Numbers 252

Nerd's Eye View

OCTOBER 30, 2023

Most notable is the fact that industry associations are not the drivers of advisor conferences that they once were; while a decade ago, 75%+ of this "Best Conferences" list consisted of various events run by industry associations, now it numbers less than 25%.

Financial Advisor 246

Financial Advisor Numbers Budgeting Financial Planning 246

Wealth Management

JUNE 12, 2024

Open, honest and candid discussion about May's job numbers, managed accounts lawsuits, OneDigital and a 'second' golden age for the 401(k) industry.

Accounting 286

Accounting Numbers Management 286

Nerd's Eye View

APRIL 1, 2024

Welcome to the April 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!

Estate Planning 242

Estate Planning Financial Advisor Clients Startup 242

The Big Picture

JULY 7, 2024

The reality is that California lost over 2,500 fast food jobs since January 2024, when looking at seasonally adjusted data. The Globe, amazingly, cannot even sum a column of five small numbers. Newsom and his staff including Brandon, are picking numbers and months to serve Newsom’s own false narrative. No, dear reader.

Food 338

Food Math Numbers Media 338

Nerd's Eye View

JUNE 3, 2024

Welcome to the June 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!

Risk Tolerance 246

Risk Tolerance Communication Startup Financial Planning 246

The Big Picture

FEBRUARY 18, 2025

We are four weeks out from the publication of “ How Not To Invest: The ideas, numbers, and behaviors that destroy wealth – and how to avoid them.” ” Audio, ebook, and hard copies are all scheduled to drop on the same day, March 18, 2025. I am very excited about this,my first book in 15 years.

Investing 189

Investing Investments Numbers 189

Nerd's Eye View

JANUARY 31, 2025

Which could include measures such as additional time to comply with rules that have been adopted but not yet enforced and perhaps, more broadly, an approach from the SEC that focuses more on whether a firm has robust program controls and a strong fiduciary culture rather than seeking out specific, (sometimes minor) missteps and producing enforcement (..)

Financial Planner 245

Financial Planner Retirement Planning Compliance Taxes 245