The Big Picture

AUGUST 26, 2022

Our previous discussions (debates really) were over the traditional model of brokerage I push back against versus the fee-based fiduciary asset management I embrace. This made me chuckle, as we had discussed this level of unsuitable and inappropriate asset management for years, with me offering an endless parade of examples.

Accounting 353

Accounting Government Assets Management 353

Wealth Management

MARCH 17, 2023

Clients moved money from two Schwab Value Advantage Money funds, which had a combined $195 billion of assets as of March 15, representing the largest redemptions in at least six months.

Government 173

Government Clients Portfolio Assets 173

Abnormal Returns

MARCH 3, 2025

on.spdji.com) How major asset classes performed in February 2025. wsj.com) You can't just exclude government spending from GDP. February 2025 The S&P 500 returned -1.30% in February 2025. capitalspectator.com) Strategy A review of the times when things looked pretty bleak for the stock market.

Government 162

Government Media Economy Assets 162

Mish Talk

DECEMBER 4, 2022

The liquidators later ordered the transfer of the unit’s crypto assets to a digital wallet controlled by the Bahamian government. In Turkey, authorities have seized the assets of FTX’s local subsidiary, an affront to Mr. Ray’s efforts to sweep FTX’s assets into the chapter 11 process in Delaware. Turkey found nearly $3.1

Assets 176

Assets Banking Government Commission 176

Wealth Management

APRIL 24, 2023

Total assets in the Franklin OnChain US Government Money Fund (FOBXX), which was launched last year, have increased to around $270 million.

Assets 130

Assets Government Marketing Marketing 130

The Big Picture

JUNE 3, 2023

Be sure to check out our Masters in Business next week with Mathieu Chabran, Tikehau Capital A global alternative asset manager with $40B in assets. All of our earlier podcasts on your favorite pod hosts can be found here. He cofounded Tikehau in 2004 with Antoine Flamarion, a colleague at Deutsche Bank, and runs the US division.

Education 334

Education Assets Government Banking 334

Abnormal Returns

FEBRUARY 20, 2024

blogs.cfainstitute.org) Does cross-asset momentum work? nber.org) On the value of better corporate governance. (institutionalinvestor.com) Research The straightforward case for the low volatility effect. insights.finominal.com) How do you account for 'catastrophic risk' in valuing a company?

Government 255

Government Accounting Assets Investments 255

Abnormal Returns

OCTOBER 15, 2024

riabiz.com) JP Morgan Asset Management is refocusing its alternatives business. economist.com) Governments are finding it difficult to boost birth rates. (fortunefinancialadvisors.com) What defines a group that makes high quality decisions? institutionalinvestor.com) Retail Walgreens ($WBA) is closing some 1,200 stores.

Financial Advising 283

Financial Advising Retail Government Media 283

Abnormal Returns

MARCH 16, 2023

Markets Bonds are once again a risk-off asset. thereformedbroker.com) Markets are betting the Fed is closer to a pause. econbrowser.com) Oil prices are below where they were before the Ukraine war. axios.com) Strategy Risk is what you don't see coming. theirrelevantinvestor.com) How crises affect our risk perceptions.

Government 130

Government Media Financial Advising Banking 130

The Big Picture

AUGUST 20, 2022

He discovered an immense amount of corruption, with the oligarchs who were running these still partly state-owned companies helping themselves to assets and capital on an immense scale. He launched Hermitage Capital Management in Moscow, Russia, and began analyzing and accumulating Russian companies.

Government 290

Government Assets Media Management 290

The Big Picture

JANUARY 8, 2025

Fulltranscript below. ~~~ About this weeks guest: Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the best ways to responsibly manage crypto assets. His firm runs over $10 billion in client crypto assets. He’s the chief investment officer at Bitwise Asset Management. What is Bitcoin?

Assets 130

Assets Investing Investments Banking 130

Calculated Risk

MARCH 11, 2025

Most of these gains in Treasury and Agency MBS assets were funded with increases in very short duration interest-bearing Federal Reserve liabilities, mainly deposits of depository institutions (reserves) and Reverse Repos. After all, Treasury notes close to maturity are by their nature short maturity assets!)

Assets 165

Assets Portfolio Accounting Marketing 165

The Big Picture

AUGUST 11, 2022

My morning train WFH reads: • Private Equity Doesn’t Want You to Read This : Not only do private equity partners make money even if their companies blow up; they also get a pretty good deal from the government on what they earn. New York Times ). • They helped us imagine the “mission accomplished” speech Putin might give. New York Times ).

Government 299

Government Communication Management Media 299

Million Dollar Round Table (MDRT)

JANUARY 14, 2025

shares, we’re not talking about technology stocks, we’re not talking about Australian shares or specific asset classes. We’re just really there to educate people, and I think all governments around the world are wanting the people of their nations to be educated much better about money and financial decisions.

Financial Planner 98

Financial Planner Education Communication CFP 98

Abnormal Returns

DECEMBER 18, 2023

craincurrency.com) Governance What do limited partner advisory committees actually do? wsj.com) Why we should give Ukraine frozen Russian assets now. (wsj.com) A look at the world's largest e-commerce companies. genuineimpact.substack.com) Why Marc Benioff, CEO of Salesforce ($CRM), sells stock every day.

Financial Advising 276

Financial Advising Startup Media Government 276

The Big Picture

MAY 20, 2023

The firm manages about $145 billion in client assets and is the world’s largest publicly traded hedge fund. She is also a member of Man Group’s senior executive governance committee. This week, we speak with Robyn Grew, currently, the President at Man Group, and effective September 1, the firm’s new CEO.

Compliance 312

Compliance Communication Government Banking 312

Wealth Management

MARCH 22, 2023

Among options, the government could play a role in lifting assets out of First Republic that have eroded its balance sheet.

Government 179

Government Assets 179

The Big Picture

NOVEMBER 26, 2024

Full transcript below. ~~~ About this week’s guest: Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the best ways to responsibly manage crypto assets. His firm runs over $10 billion in client crypto assets. How can investors get exposure to the space? Matt Hougan : Yeah. All of them.

Investments 147

Investments Investing Assets Retail 147

Abnormal Returns

DECEMBER 31, 2023

Markets Asset class returns were pretty green in 2023 except for commodities. bloomberg.com) Policy More of government should work like Operation Warp Speed. on.spdji.com) Some of the best charts of 2023. entrylevel.topdowncharts.com) Bitcoin A price war has already broken out for the yet-to-be-launched spot Bitcoin ETF.

Financial Advising 284

Financial Advising Medical Economy Economics 284

The Big Picture

SEPTEMBER 25, 2022

We discuss how he launched America Online in 1985 back when the internet was restricted to academia and the government. Following the merger, he established a family office to manage his AOL-Time Warner assets. It took a full decade of hard and slow work before households became interested in getting online.

Startup 317

Startup Government Investing Investments 317

Abnormal Returns

JUNE 5, 2023

washingtonpost.com) Finance What happens when you merge two traditional asset managers who are experiencing outflows? noahpinion.blog) China's local governments are full-up on debt. (theverge.com) AI IBM ($IBM) should be a player in AI. The stock market is skeptical. barrons.com) AI has put a charge back into the tech industry.

Financial Advising 227

Financial Advising Economy Government Media 227

Abnormal Returns

SEPTEMBER 4, 2023

citywire.com) Charles Schwab ($SCHW) is on track to retain ~95% of TDA assets. kitces.com) UHNW clients A Q&A with Jill Shipley, managing director and head of governance and education at AlTi-Tiedemann Global about charitable giving. (advisorhub.com) How Creative Planning plans to integrate Goldman Sachs' PFM unit.

Estate Planning 264

Estate Planning Retirement Financial Planning Planning 264

Abnormal Returns

AUGUST 7, 2022

ft.com) Four big trends in the asset management have been in place for a decade. morningstar.com) Corporate governance only works if shares actually get voted. Fund management The Vanguard Total Bond Market ETF ($BND) is set to become the biggest bond ETF.

Financial Advising 246

Financial Advising Economics Food Manufacturing 246

Abnormal Returns

FEBRUARY 13, 2023

tonyisola.com) Advisers RIAs continue to take share of IRA assets. fa-mag.com) How to advise clients in the government Thrift Savings Plan. (citywire.com) Social Security helps prevent people from being very old and very poor. forbes.com) A ten-point Medicare primer. riabiz.com) The number of CFPs grew some 5% in 2022. (fa-mag.com)

Clients 245

Clients Retirement Financial Services Taxes 245

Nerd's Eye View

AUGUST 17, 2022

Advisory agreements for SEC-registered RIAs are governed by Section 205 of the Investment Advisers Act of 1940. million under the management of the adviser, or with a total net worth of at least $2.2 Any fees for third-party advisers or subadvisers should also be described in the agreement.

Clients 246

Clients Assets Financial Planning Management 246

Discipline Funds

OCTOBER 31, 2024

Kelton is acting as though the government’s liabilities are no one’s liabilities. As if our government is some sort of Martian entity. In reality we are all very much liable for government debt in real terms. And the same basic thing is true at the government level. Asset creation always creates corresponding liabilities.

Government 98

Government Accounting Assets Economy 98

Discipline Funds

NOVEMBER 20, 2024

The difference between him and Buffett is that he isn’t using organic cash flows to fund the asset purchases and is instead getting his fiat from lenders. Of course, it’s also true that government spending is often inflationary. We experienced very high inflation during Covid in large part due to government spending.

Insurance 98

Insurance Government Assets Management 98

Brown Advisory

SEPTEMBER 6, 2022

Investing for Purpose: A Governance Perspective on Mission-Aligned Investment Strategy. Socially responsible investing (SRI): Seeks to invest solely in assets that align with an investor’s articulated social values. Tue, 09/06/2022 - 10:17. This approach has historically often been favored by religious institutions.

Government 98

Government Investments Investing Portfolio 98

The Big Picture

NOVEMBER 25, 2023

Noahpinion ) • Cars, Crypto and a Horse Named Cinda: Inside America’s Seized Asset Auctions : Every year, the US Marshals Service seizes tens of millions of dollars’ worth of fun collectibles and fast rides from criminals, and then lets the general public do some bidding. Never stop working. ( Wired ) • When is a nose just a nose?

Government 222

Government Retirement Economy Sales 222

The Big Picture

MARCH 6, 2023

Can you imagine if POTUS was going to quash the biggest US IPO of all time — not with a tweet, but with the full force of the Federal Government? When JPMorgan Chase analysts last year described Chinese internet companies as “uninvestable,” their report helped erase about $200 billion from US and Asian markets.

Retirement Planning 282

Retirement Planning Transportation Valuation Consulting 282

Nerd's Eye View

AUGUST 17, 2022

Advisory agreements for SEC-registered RIAs are governed by Section 205 of the Investment Advisers Act of 1940. million under the management of the adviser, or with a total net worth of at least $2.2 Any fees for third-party advisers or subadvisers should also be described in the agreement.

Clients 230

Clients Assets Financial Planning Management 230

The Big Picture

MAY 17, 2024

She also leads the firm’s environmental, social and governance research. Be sure to check out our Masters in Business this week with Jeffrey Sherman, Deputy CIO at DoubleLine Capital , which manages over $100 billion in mostly fixed-income assets.

Banking 173

Banking Asset Allocation Portfolio Management Engineering 173

Nerd's Eye View

OCTOBER 4, 2023

And even though U.S. There's also the question of whether long-term equity returns could be significantly lower than we've experienced during the post-WWII era without the boost of lower interest and tax rates.

Valuation 246

Valuation Economics Economy Marketing 246

Nerd's Eye View

SEPTEMBER 6, 2024

Notably, while the rule will create an additional compliance burden, the due diligence advisers offering comprehensive planning services (as well as their investment custodians) are likely already conducting on their clients to create an effective financial plan could be a 'defense mechanism' for these firms against criminals looking to take advantage (..)

Financial Planner 246

Financial Planner Tax Planning Compliance Financial Advice 246

The Big Picture

FEBRUARY 24, 2023

” Accounts at Compound Banc are not insured by the FDIC, the SIPC, or any other government regulator. The firm is the largest listed PE/Buyout firm in Europe, managing $135 billion in assets in Private equity, infrastructure, real estate and debt. It’s also got a whole lot of American fans. ( US Housing Market Posts $2.3

Medical 289

Medical License Insurance Accounting 289

A Wealth of Common Sense

APRIL 30, 2024

It feels like we’re in a weird place from the perspective of the economy and financial assets. Government debt seems too high. Housing prices seem too high. Consumer prices seem too high. Stock prices seem too high. I understand why people are worried. Bear markets, financial crises, recessions, etc.

Government 139

Government Economy Assets Marketing 139

Nerd's Eye View

OCTOBER 8, 2024

billion in assets under management for 1,300 client households. My guest on today's podcast is Michael Kramer. Michael is the manager of Natural Investments, an RIA based in San Francisco, California that has offices across the country, overseeing $1.9

Financial Advisor 246

Financial Advisor Clients Distribution Planning 246