Nerd's Eye View

OCTOBER 28, 2022

From there, we have several articles on practice management: A new report shows that RIA profitability and AUM soared in 2021, buoyed by a strong stock market and new client growth. How advisors can approach working with ultra-wealthy clients, who are increasingly focused on building dynastic wealth. Read More.

Financial Planner 246

Financial Planner Clients Valuation Management 246

Nerd's Eye View

JUNE 27, 2023

Eric is the Founder and CEO of Beyond Your Hammock, an independent RIA based in Boston, Massachusetts, that oversees $47 million in assets under management for more than 80 client households.

Financial Advisor 217

Financial Advisor Clients Valuation Communication 217

The Big Picture

DECEMBER 1, 2022

I have been fairly vocal that inflation has peaked , the Fed has already overtightened, and they run the risk of doing too much economic damage fighting a demon that has already been exorcised. But my job is not to give the Fed policy advice, it is instead to provide clients with insight and investment advice. 50% chance ).

Economy 296

Economy Economics Valuation Marketing 296

The Big Picture

JUNE 20, 2024

In response to repeated inquiries from BofA clients, Savita looked at numerous indicators that collectively suggest markets are topping. The table above shows the major market peaks going back to 1990.

Marketing 196

Marketing Marketing Valuation Media 196

Zoe Financial

MARCH 3, 2025

despite beating earnings expectations, showing high valuation pressure. Economic Update: Retail Sales: Weaker than expected in January. Economic Surprise Index: Declined over the last 4-5 weeks from high levels. Opinions expressed by Zoe Financial are based on economic or market conditions at the time this material was written.

Marketing 52

Marketing Marketing Economics Taxes 52

Abnormal Returns

AUGUST 15, 2022

kitces.com) Daniel Crosby talks with Melina Palmer is founder and CEO of The Brainy Business, which provides behavioral economics consulting to businesses of all sizes from around the world. investmentnews.com) Advisers What is happening with RIA valuations? riabiz.com) DFA is a case study in being slow to recognize industry shifts.

Financial Planning 130

Financial Planning Valuation Consulting Retirement 130

Nerd's Eye View

AUGUST 19, 2024

Founding owners of financial advisory firms often spend much of their time focusing on the short-term aspects of running their business, from providing high-quality client service to pursuing client growth. metrics like revenue, profit, impact, clients, or team size), and a timeline for when the goals should be achieved.

Planning 130

Planning Risk Tolerance Clients Valuation 130

The Big Picture

JULY 24, 2023

My back-to-work morning train WFH reads: • The Problem with Valuation. I have an issue with valuation models in general. Because basically all the valuation metrics tell the same story—U.S. An aging population that values its free time set the stage for economic stagnation. But its success is hard to replicate. (

Valuation 130

Valuation Economics Assets Clients 130

Abnormal Returns

JUNE 11, 2023

(vulture.com) The co-working business is diversifying its client base. wsj.com) How a seed investor approaches valuation discussions. axios.com) The economic schedule for the coming week. axios.com) How the Apple Watch saved the luxury watch industry. om.co) Twitter really hates paying its bills.

Financial Advising 130

Financial Advising Startup Budgeting Valuation 130

Zoe Financial

DECEMBER 9, 2024

Market Valuations : Multiples are no longer considered cheap. Economic Updates: Payroll data: 227k new jobs added, above 220k expected. If earnings continue to grow steadily, inflation decelerates, and economic growth is maintained, the market could rally further with no immediate signs of a recession.

Marketing 40

Marketing Marketing Economics Taxes 40

Diamond Consultants

JUNE 1, 2023

Here are 3 valuation scenarios to address that curiosity. Focus Financial Partners, the largest investor in the independent space, is being taken private at a $7B valuation. Prolific RIA acquirer CI Financial recently monetized a stake in their business at a $5B valuation. Those are some eye-popping numbers.

Valuation 98

Valuation Recruitment Retirement Distribution 98

Diamond Consultants

DECEMBER 16, 2024

As a result, its often incumbent upon the retiring advisor to either accept a discounted valuation for the book and/or show a great deal of flexibility in how their next gen ultimately takes the reigns of the business. So, what can advisors do to ensure a successful client transition from one generation to the next? But is that fair?

Wealth Management 52

Wealth Management Recruitment Retirement Valuation 52

Zoe Financial

JANUARY 6, 2025

Will the Federal Reserve continue to lower interest rates, supporting valuations? Zoe Financial is not an accounting firm- clients and prospective clients should consult with their tax professional regarding their specific tax situation. Actual economic or market events may turn out differently than anticipated.

Marketing 40

Marketing Marketing Economy Taxes 40

Dear Mr. Market

AUGUST 8, 2024

Fueled by optimism, the scent of economic recovery was in the air. Read more : Up the Stairs, Down the Shaft: The Tale of a Tumbling Market Economic indicators were trying to give us the thumbs up, and consumer confidence was inching higher. As we’ve written before, all the economic experts and doom and gloom crowd got it wrong.

Marketing 105

Marketing Marketing Economics Portfolio 105

Park Place Financial

NOVEMBER 29, 2022

Estates Estate Planning in this Economic Climate Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Between inflation, increasing interest rates, federal changes to monetary policies, and global conflict, many factors are putting a strain on the current economic situation. Create a Trust .

Estate Planning 52

Estate Planning Economics Planning Financial Planner 52

The Big Picture

SEPTEMBER 3, 2024

A bachelor’s in economics from Northwestern and then an MBA from University of Chicago. And so I kind of leveraged that when I went to Morningstar because they’re very focused on quality, the whole concept of economic moats, but also about buying companies when they’re trading at a discount to intrinsic value.

Investing 148

Investing Investments Management Valuation 148

The Big Picture

AUGUST 16, 2022

The firm that he’s built is one of those very quiet, very successful entities that without a whole lot of media coverage, without a whole lot of fanfare, just amassed an enormous amount of capital because they’ve done so well for their clients over time. John was one of our managers that we had, you know, our clients invest in.

Management 306

Management Assets Risk Management Marketing 306

Discipline Funds

MARCH 10, 2023

What I mean by that is that we’re currently navigating the economic bust portion of the cycle where inflation is a falling risk and credit deflation risk arises, in large part, because the Fed has reacted so quickly to bring inflation in. But to understand the bust you really need to understand the boom.

Risk Management 145

Risk Management Banking Economy Valuation 145

James Hendries

NOVEMBER 3, 2022

Some recent softening in economic data, coupled with signals from the bond market, may be indicating that Fed policymakers’ concerted inflation fight may be closer to the end than the beginning. We should also have slowing corporate earnings growth and greater economic uncertainty to contend with, some formidable seas to navigate.

Clients 52

Clients Asset Allocation Investment Advisor Assets 52

James Hendries

AUGUST 15, 2022

The rule of thumb is two quarters of negative GDP defines a recession, but the official definition by the National Bureau of Economic Research is broader than that. Market-based interest rates those not controlled by the Fed—have come down quite a bit, supporting stock valuations. economy contracted for the second straight quarter.

Clients 52

Clients Marketing Marketing Valuation 52

Brown Advisory

JANUARY 19, 2023

at year-end can largely explain the compression in valuation, especially for higher multiple equities, primarily during the first half of the year. Since 1995, there are four rather distinct periods during which forward earnings estimates for the S&P 500 Index declined, tied to a specific event and/or economic downturn. by year-end.

Clients 98

Clients Economy Economics Marketing 98

Carson Wealth

APRIL 8, 2024

Pockets of attractive valuations exist despite above-average valuations in some high-profile areas of the market. The good news is there’s nothing in the economic data that suggests we’re on the verge of a labor-market-induced inflation surge. Following the huge 11.2% This newsletter was written and produced by CWM, LLC.

Marketing 96

Marketing Marketing Valuation Economy 96

James Hendries

FEBRUARY 23, 2023

Your Client List As a financial services professional, you’ve probably spent years building up your book of business. This client list plays a significant role in the value of your business. Brand Identity Have you been working with clients as an individual financial professional?

Valuation 40

Valuation Retirement Financial Services Commission 40

Fortune Financial

OCTOBER 1, 2022

Many of these businesses, and many of the things that move on rails are just captive volumes that can’t economically move via truck or via plane. Note: Clients of Fortune Financial Advisors, LLC own shares of Union Pacific, CSX, and NSC.

Transportation 94

Transportation Financial Advisor Numbers Economics 94

The Big Picture

MARCH 20, 2024

Barry Ritholtz : So let’s break that into two halves, starting with valuation. Explain why P/E isn’t the best way to measure valuation. Jim O’Shaugnessy : Momentum is really interesting because academics hate it because there is underlying economic reason why it should make sense – but it does.

Investing 163

Investing Investments Portfolio Valuation 163

Dear Mr. Market

AUGUST 5, 2022

Inflation is currently at 40 year highs with increasing signs of slowing economic growth. We’re currently seeing one of the largest disparities in valuations between growth and value stocks which in our opinion presents a very appealing opportunity for dividend seeking investors.

Portfolio 105

Portfolio Risk Tolerance Valuation Investing 105

Brown Advisory

JULY 24, 2018

But after many years of economic recovery, we finally have reached a point where defensive allocations once again provide a reasonable yield. But beyond the economic cycle’s age, several factors suggest that a more defensive mindset is worth considering: Valuations are elevated. has been steady and consistent.

Valuation 52

Valuation Economics Asset Allocation Clients 52

Brown Advisory

JULY 24, 2018

But after many years of economic recovery, we finally have reached a point where defensive allocations once again provide a reasonable yield. We still believe that equities offer healthy opportunity, and the fact that the current economic expansion is simply “old” has never been a sufficient reason for us to lose confidence in it.

Valuation 52

Valuation Economics Asset Allocation Clients 52

Brown Advisory

FEBRUARY 15, 2019

Later in the year, markets became anxious about other topics, such as a potential economic slowdown, a new level of dysfunction in Washington (including unusual executive challenges to the Fed's independence and an extended partial government shutdown), and escalating trade disputes between the U.S. equity exposure.

Valuation 52

Valuation Clients Portfolio Investing 52

Brown Advisory

FEBRUARY 1, 2021

When does crowd psychology take hope for economic return beyond what valuation can support? And why do markets irregularly detach fundamentals from valuation to their own detriment? Or is it a convenient way to measure the relative economic value created between our starting and end points? What does this actually mean?

Investing 52

Investing Investments Valuation Engineering 52

Brown Advisory

FEBRUARY 1, 2021

When does crowd psychology take hope for economic return beyond what valuation can support? And why do markets irregularly detach fundamentals from valuation to their own detriment? Or is it a convenient way to measure the relative economic value created between our starting and end points? What does this actually mean?

Investing 52

Investing Investments Valuation Engineering 52

Brown Advisory

MAY 31, 2017

Since the 2008–09 credit crisis, market sentiment on European stocks has shifted back and forth, from despair to confidence, depending largely on sentiment regarding the EU’s prospects as a viable political and economic entity. Over the long term, that stance has paid off. is not particularly notable. stocks since the middle of 2004.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Brown Advisory

MAY 31, 2017

Since the 2008–09 credit crisis, market sentiment on European stocks has shifted back and forth, from despair to confidence, depending largely on sentiment regarding the EU’s prospects as a viable political and economic entity. Over the long term, that stance has paid off. is not particularly notable. stocks since the middle of 2004.

Portfolio 52

Portfolio Asset Allocation Valuation Economics 52

Brown Advisory

JUNE 3, 2015

In many clients’ portfolios we have eliminated our overweight position in U.S. The economic expansion is weak and inflation is still below the central bank’s 2% target. equity market: A comparatively quick interest rate increase counteracts the benefit from stronger economic growth, impairing profitability and valuations.

Valuation 52

Valuation Economy Banking Economics 52

Truemind Capital

AUGUST 12, 2023

All the sectors went up with major sectoral growth seen in auto (up 22%), realty (up 33%), and consumer durables (up 13%) on the back of an improving economic outlook. The recent rally in the market has made the valuations more expensive compared to historical standards. Valuations across all sectors do not offer any margin of safety.

Financial Market 52

Financial Market Asset Allocation Marketing Marketing 52

Investing Caffeine

JUNE 1, 2023

First of all, smaller companies are more cyclically sensitive to an economic slowdown, and do not have the ability to cut costs to the same extent as the behemoth companies. The majority of stocks have factored in a slowdown (or mild recession) and this is why valuations for small-cap and mid-cap stocks are near multi-decade lows (12.8x

Engineering 105

Engineering Accounting Healthcare CFP 105

Brown Advisory

DECEMBER 12, 2018

An excellent case study for this idea is Japan, a country that many investors wrote off long ago—but one that managers have successfully mined for return opportunities during the country’s extended economic struggles. Unbridled optimism ushered in an economic bubble of historic proportions. valuation). in local terms and 1.6%

Marketing 52

Marketing Marketing Economics Valuation 52