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Tuesday links: acute inefficiencies

Abnormal Returns

neckar.substack.com) Silicon Valley Bank There is plenty of blame to go around for the downfall of SVB including the pandemic. theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios. ft.com) Social media will change any future financial crisis. ft.com) SVB failed in its communication strategy.

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Monday links: a loss of trust

Abnormal Returns

(bonddad.blogspot.com) We still don't know everything about the downfall of Silicon Valley Bank. ritholtz.com) The reversal in interest rates could relieve some pressure on bank portfolios. mailchi.mp) Why more assets are going to flow to systemically important banks. marginalrevolution.com) Why Signature Bank went under.

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Financial Planning For Freelancers: 8 Tips To Budget And Save

Clever Girl Finance

Be sure two open separate bank accounts e.g. your personal bank accounts should be separate from your business bank accounts. If managing taxes, deductions, and financial planning feels overwhelming, hiring a CPA with experience in freelancing can be invaluable.

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Financial Advisor Marketing to Millennials: Reach Success

Midstream Marketing

How Millennials Differ from Previous Generations in Their Financial Outlook Millennials see money differently than Gen Z and Baby Boomers. They do not fully trust traditional banks. This lets you offer financial guidance that aligns with their dreams and goals. They like finding helpful tips online instead.

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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances.

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The Generic 60/40 Portfolio May Need an Examination

Integrity Financial Planning

The response to hyperinflation from central banks is to raise interest rates to introduce downward pressure on prices. We can work with you to develop a nuanced and personal financial plan that takes what you need into account. However, high inflation may be a sign of an economy changing too fast for all its participants to adjust.

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How financial professionals can make strong connections with Black consumers

Nationwide Financial

Bridging the financial gap Social Security isn’t the only problem facing Black Americans. million Black adults have less access to financial information and services including banking and lines of credit.