Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 246

Assets Management Clients Compliance 246

Nerd's Eye View

DECEMBER 6, 2023

And because many service offerings have traditionally focused on areas like investments and securities recommendations, there has been little debate about the need to register as an advisor. Thus, Advice, Business, Compensation, and Securities (ABCS) are the key elements in this definition.

Investing 246

Investing Investments Retirement Planning Financial Advising 246

Abnormal Returns

JUNE 18, 2024

alphaarchitect.com) Secondary PE investments are a necessary part of the system. (mattober.co) Private equity As alts go, so go pension fund returns. papers.ssrn.com) Comparing the (real) volatility of private equity and private credit. caia.org) How much in taxes have private equity fund managers avoided through carried interest?

Assets 262

Assets Taxes Portfolio Management 262

Abnormal Returns

OCTOBER 31, 2023

(wsj.com) Six lessons from William Bernstein's "The Four Pillars of Investing." markets.businessinsider.com) Investors who bought the Grayscale Bitcoin Investment Trust ($GBTC) at a big discount are looking good. humbledollar.com) Why it's easy to say you will buy when stocks 'go on sale.'

Assets 261

Assets Financial Advising Media Economy 261

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 245

Assets Management Compliance Retirement Planning 245

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. I know ETFs today are the apple pie of investing. Are you crypto-curious?

Investing 147

Investing Investments Assets Retail 147

Abnormal Returns

NOVEMBER 5, 2023

theirrelevantinvestor.com) Why you should avoid big investment shifts. Markets Small and mid-cap stocks have badly lagged large caps. awealthofcommonsense.com) This week was a good example why you should never be positioned for extremes. humbledollar.com) Trading Brett Steenbarger, "The best traders evolve."

Assets 272

Assets Financial Advising Healthcare Economy 272

Nerd's Eye View

AUGUST 8, 2023

Lori is the CEO of LVW Advisors, an independent RIA based in Pittsford, New York, that oversees more than $2 billion in assets under management for over 450 small-to-mid-sized institutions and ultra-high-net-worth families.

Investing 246

Investing Investments Financial Advisor Compensation Planning 246

Abnormal Returns

JULY 28, 2024

mebfaber.com) Three investment myths, debunked. disciplinefunds.com) Ian Cassel, "Most big winners were ugly ducklings that transformed themselves into beautiful swans." (microcapclub.com) Our brains weren't built for investing. capitalspectator.com) Why are estimates of alternative asset returns still so high?

Assets 317

Assets Investments Investing Marketing 317

Abnormal Returns

JUNE 18, 2024

visualcapitalist.com) Alternatives The Bogle Effect has not come for alternative asset classes. ofdollarsanddata.com) Pension funds could skip on the alternatives and just invest in low-cost index investments. crr.bc.edu) Strategy The many ways in which investing is NOT like poker.

Financial Advising 299

Financial Advising Media Assets Economy 299

The Big Picture

JANUARY 12, 2024

 This week, we speak with Cathy Marcus , co-chief executive officer and global chief operating officer of PGIM Real Estate , which manages over $200 billion in assets. As co-CEO, Marcus develops and leads the company’s global strategy; as global COO, she is responsible for overseeing business and investment operations globally.

Startup 298

Startup Portfolio Management Valuation Assets 298

The Big Picture

MAY 6, 2023

Salisbury , chief investment officer of asset and wealth management at Goldman Sachs. He is also a member of the management committee, and Co-Chairs the Asset Management Investment Committees, which includes private equity, infrastructure, growth equity, credit, and real estate. This week, we speak with Julian C.

Wealth Management 303

Wealth Management Assets Management Clients 303

Abnormal Returns

JUNE 24, 2024

Podcasts Josh Brown and Michael Batnick talk digital assets with Ric Edelman. standarddeviationspod.com) Fisher Investments Some estimates on how much a stake in Fisher Investments went for. standarddeviationspod.com) Fisher Investments Some estimates on how much a stake in Fisher Investments went for.

Financial Advising 276

Financial Advising Assets Retirement Economy 276

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

Nerd's Eye View

DECEMBER 9, 2024

But by involving non-owners in decision-making, offering clear career paths for continued growth within the firm, and linking staff contributions to firm-wide goals, firms can create a cycle that rewards emotional ownership and encourages further investment in the firm’s long-term success.

Investing 130

Investing Investments Distribution Accounting 130

Nerd's Eye View

SEPTEMBER 12, 2023

In this episode, we talk in-depth about why Jason built Altruist as a solution to help RIAs based on his own experience as an engineer, RIA owner, and TAMP owner, to leverage the economics being an RIA custodian in order to offer advisors their core investment systems at a lower cost, how Jason leveraged many of the programs' infrastructures and processes (..)

Financial Advisor 246

Financial Advisor Investing Investments Financial Advice 246

Abnormal Returns

JULY 7, 2024

Top clicks this week How major asset classes performed in June 2024. retirementresearcher.com) Don't forget, stocks are real assets. vox.com) Politics and investing don't mix. capitalspectator.com) Just how useful is historical financial markets data? downtownjoshbrown.com) Europe's stock market has badly lagged the U.S.

Insurance 313

Insurance Assets Financial Market Investments 313

The Big Picture

SEPTEMBER 9, 2023

This week, we speak with Jon McAuliffe , who is co-founder and chief investment officer at the Voleon Group , heading the firm’s investment strategy, research, and development. Voleon, which manages $10 billion in client assets, has achieved great success applying these technologies to investing.

Engineering 325

Engineering Management Portfolio Assets 325

Abnormal Returns

APRIL 30, 2024

Factor investing Portfolio construction matters when it comes to factor investing. insights.finominal.com) Does machine learning improve on factor investing? morganstanley.com) How much do valuations matter for multi-asset investing? alphaarchitect.com) Research Managed futures returns are lumpy.

Valuation 262

Valuation Media Portfolio Assets 262

Abnormal Returns

FEBRUARY 13, 2024

morningstar.com) Why it's so hard to compare public and private investments. caia.org) Fund management How should we assess 'pedigree' when it comes to investment managers? alphaarchitect.com) A round-up of research on cross-asset correlations. Private equity What does the research say about private equity performance?

Accounting 307

Accounting Management Assets Investments 307

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. I thought this was an absolutely fascinating way to see the world of investment management. And I think you will also.

Assets 299

Assets Clients Investments Investing 299

Abnormal Returns

AUGUST 18, 2024

downtownjoshbrown.com) There is nothing normal about the distribution of angel investment returns. blogs.cfainstitute.org) There is no holy grail in investing. albertbridgecapital.com) Cullen Roche, "Residential real estate is an enormously expensive asset when viewed thru the lens of real, real returns."

Distribution 299

Distribution Assets Investments Investing 299

Abnormal Returns

JANUARY 7, 2024

allstarcharts.com) How major asset classes performed in December 2023. awealthofcommonsense.com) An example of how finding a (highly) niche investment strategy works in practice. wsj.com) Asset class returns were pretty green in 2023 except for commodities. (theirrelevantinvestor.com) Don't get caught sitting in cash in 2024.

Assets 297

Assets Economy Investments Investing 297

Abnormal Returns

APRIL 7, 2024

wsj.com) How major asset classes performed in March 2024. aqr.com) On the benefits of keeping an investment journal. awealthofcommonsense.com) When an asset has no intrinsic value, i.e. gold, you have more decisions to make. Also on the site Better investors make fewer decisions. return in Q1.

Assets 306

Assets Accounting Investments Investing 306

The Big Picture

SEPTEMBER 28, 2022

Consider this tweet I bookmarked back in August; This updated version , via Mindfulenough , gave me the idea to turn it into something investment-related. This includes a broad Asset Allocation including full Diversification of asset classes, geographies, etc. Asset Economy. Asset Allocation. Inflation. Elections.

Asset Allocation 342

Asset Allocation Financial Planning Assets Media 342

The Big Picture

APRIL 15, 2023

 This week, we speak with Joseph Baratta , who since 2012, has served as Global Head of Private Equity at Blackstone – the world’s largest alternative asset manager, with $975 billion in assets under management. He helped to build out Blackstone’s PE business in Europe in 2001, moving to London in 2001.

Consulting 284

Consulting Compliance Assets Management 284

Abnormal Returns

OCTOBER 14, 2024

(optimisticallie.com) It's hard to find a losing asset class this year. mrzepczynski.blogspot.com) Strategy Five lessons from five great investing books. dariusforoux.com) Lessons learned from 20 years of investing including 'Insurance Is expensive for a reason.' (whitecoatinvestor.com) Apple Nobody is making apps for the Vision Pro.

Financial Advising 279

Financial Advising Economy Assets Insurance 279

Abnormal Returns

MAY 5, 2024

Top clicks this week Widen your investing lens. awealthofcommonsense.com) How major asset classes performed in April 2024. awealthofcommonsense.com) Why the stock market usually goes up. humbledollar.com) The best investors are running their own race.

Assets 314

Assets Investments Investing Marketing 314

Abnormal Returns

NOVEMBER 5, 2023

Top clicks this week Six lessons from William Bernstein's "The Four Pillars of Investing." humbledollar.com) There's nothing magic about asset allocation. morningstar.com) 11 lessons learned about investing including 'You are not the next Warren Buffett.' humbledollar.com) Be wary shifting too much of your money into bonds.

Asset Allocation 307

Asset Allocation Sales Assets Investments 307

The Big Picture

APRIL 8, 2023

His next book, “The Corporate Lifecycle: Business, Investment, and Management Implications,” will be published in December. The average portfolio manager is driven by emotion and mood and while they talk the value investing talk, in the end they are people who are still judged on a quarterly basis.

Valuation 306

Valuation Insurance Numbers Portfolio Management 306

Abnormal Returns

DECEMBER 10, 2023

allstarcharts.com) Investing is hard. tker.co) The more room you can put between yourself and your investments, the better. awealthofcommonsense.com) There are a lot of different asset allocations you can live with. Top clicks this week Why investors may regret earning 5% on cash. Really hard.

Asset Allocation 306

Asset Allocation Assets Investments Investing 306

Abnormal Returns

OCTOBER 8, 2023

awealthofcommonsense.com) Why simplicity in investing can help reduce errors. investmenttalk.co) How major asset classes performed in September 2023. axios.com) Defining what you will invest in, versus what you will not invest in, is important. cbsnews.com) Why younger generations watch TV with subtitles on.

Numbers 291

Numbers Assets Investments Investing 291

Nerd's Eye View

APRIL 10, 2024

Every document that considers the facts around any particular asset class will invariably include that disclaimer, but constructing a portfolio consisting of a mix of equities, fixed income, and other assets requires investors and advicers to make some fundamental assumptions around long-term expected returns and correlations between assets.

Asset Allocation 246

Asset Allocation Wealth Accumulation Assets Portfolio 246

Abnormal Returns

OCTOBER 14, 2024

podcasts.apple.com) Eric Golden talks with Robbie Cannon is the founder of Horizon Investments about the blurring of lines between asset and wealth management. riabiz.com) Dynasty Financial Partners Dynasty Financial Partners just garnered an investment from Blackrock and JPMorgan Asset Management. (fa-mag.com)

Estate Planning 280

Estate Planning Financial Planner Wealth Management Retirement 280

Abnormal Returns

DECEMBER 5, 2023

Active management Active investing has a tax problem. bloomberg.com) Research Passive investing is making markets less efficient, but. hamiltonlane.com) Portfolio managers love to shift blame for underperforming assets. alphaarchitect.com) Why the active management space may be bigger than currently measured. papers.ssrn.com)

Portfolio Management 279

Portfolio Management Assets Taxes Management 279

Nerd's Eye View

MAY 15, 2024

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ".

Retirement 246

Retirement Commission Banking Financial Advising 246

The Big Picture

FEBRUARY 18, 2023

Previously, he was chief investment officer and chief information officer, overseeing the company’s internally managed stock, bond, and money market portfolios as well as its investment research and methodology. Vanguard is one of the world’s largest investment management companies, with over $7 trillion in assets under management.

Assets 289

Assets Management Portfolio Investments 289