The Big Picture

MAY 9, 2024

No audited returns, mathematically improbable claims, and zero accountability But none of these “influencers” sell securities to clients, so they do not fall under the regulatory oversight of the Securities and Exchange Commission (SEC).2 2 Sure, you can claim mainstream media is bad, but social media is worse.

Media 336

Media Taxes Math Investing 336

A Wealth of Common Sense

NOVEMBER 8, 2022

The most important skill in finance has nothing to do with math. Creating the best discounted cash flow models in the world won’t help you raise assets from prospective clients. No one really cares about your Microsoft Excel skills if you can’t explain what they’re good for.

Math 144

Math Assets Clients 144

The Big Picture

MAY 31, 2024

We discuss how he began as a math major but didn’t want to go into physics, engineering or academia, so finance was the next logical career option. Be sure to check out our Masters in Business next week with Peter Mallouk, CEO of Creative Planning, which manages over $300 billion in client assets.

Asset Allocation 189

Asset Allocation Math Portfolio Management Engineering 189

Nerd's Eye View

APRIL 12, 2023

When planning for retirement, it’s effectively impossible to precisely forecast the performance and timing of future investment returns, which in turn makes it challenging to accurately predict a plan’s success or failure.

Retirement 246

Retirement Retirement Planning Math Advertising 246

The Big Picture

APRIL 17, 2025

The article suggests they were more interested in their own financial well-being than that of their clients. These two possibilities a 10-fold increase versus a 90% drop are roughly symmetrical in terms of math (but probably not probabilities). The Latin phrase Res ipsa loquitur comes to mind: The thing speaks for itself.

Investing 162

Investing Investments Accounting Startup 162

The Big Picture

NOVEMBER 27, 2023

My own track record at making big calls is pretty damned good, but none of our clients wants me slinging around their retirement monies based on my gut instinct. Hence, the less it matters, the less actual capital is on the line, the easier it is to make those bold calls. I sure as hell don’t want to either. More on this later.

Marketing 304

Marketing Marketing Math Retirement Planning 304

The Big Picture

JULY 20, 2023

My obvious bias is that my advisory firm charges clients to create financial plans and manage their assets. But just do the math: Would you prefer to give up 67 basis points (RWM’s dollar-weighted average fee is ~0.67%) or would you prefer to give up 30% of your gains PLUS pay an annual 0.79% fee for the TJUL ETF?

Financial Planning 186

Financial Planning Math Assets Management 186

The Big Picture

DECEMBER 4, 2024

And the way math works, you end up with a stock that goes up a bunch. So the concept that we’ve come to put together is we’re going to gather up all these investors, so individuals, financial advisors, who have clients with highly appreciated stock portfolios, cobble them all together. It’s going to be my clients.

Taxes 130

Taxes Portfolio Accounting Management 130

Million Dollar Round Table (MDRT)

MAY 28, 2024

If you gently point this out to clients and talk about it, you’ll separate yourself from the herd of other financial advisors. Math has no emotion, but people do. If clients are struggling with this, pick up the phone. It’s a blow to their ego. A lot of intelligent people never see this on the horizon.

Retirement 100

Retirement Math Financial Advisor Clients 100

The Big Picture

FEBRUARY 10, 2023

Business Insider ) • Stop treating unemployment as a necessary evil to curb inflation : An economist explains why it’s time to rethink popular assumptions about layoffs. ( Vox ) see also If You Have to Have a Recession, Make It a Rolling One Mild slumps that ripple through the economy can slow inflation without putting too many people out of work.

Math 173

Math Engineering Manufacturing Investing 173

Diamond Consultants

OCTOBER 10, 2023

When it comes to the services they provide to clients, advisors layer in activities such as tax preparation, estate planning, and concierge services to not only satisfy growing client requirements but also to justify a fee increase or generate new sources of revenue.

Math 52

Math Recruitment Consulting Clients 52

Advisor Perspectives

MAY 1, 2024

A lot of financial planning software today is built to solve math problems, but what advisors really need to do is solve human problems.

Math 52

Math Clients Financial Planning Planning 52

Nerd's Eye View

FEBRUARY 21, 2023

billion in assets under management for nearly 400 client households. My guest on today's podcast is Danqin Fang. Danqin is a Lead Advisor for Austin Asset, an independent RIA based in Austin, Texas that oversees more than $1.3

Financial Advisor 130

Financial Advisor CFP Financial Planner Education 130

Random Roger's Retirement Planning

DECEMBER 3, 2024

There was an article on LinkedIn (via Abnormal Returns) by Victor Haghani that dug into the math working against leveraged ETFs. YTD SSO is up 51% versus 26% for the S&P 500 and down 19% for SH which I am currently holding for clients.

Math 52

Math Portfolio Retail Clients 52

The Big Picture

SEPTEMBER 12, 2022

They run over $800 billion in client assets, and Kristen’s group, the North American Group, is responsible for about half of the revenue that that massive organization generates. I — I loved math, but really, I was going to go down that literature route more than anything else and — and study Spanish literature.

Clients 299

Clients Wealth Management Banking Investing 299

The Big Picture

NOVEMBER 14, 2023

She has a really fascinating background, very eclectic, a combination of math and law. You, you get a, a BS in Mathematics and a JD from Boston University Math and Law. It is something, math has always come easy to me since a child. I didn’t get an advanced degree in math. Not the usual combination. What happened?

Math 130

Math Management Insurance Assets 130

Random Roger's Retirement Planning

FEBRUARY 23, 2025

Do the math, it would be a fantastic long term result but very difficult to pull off. There are a lot of advisors who would not be able explain the merits of those attributes to clients. Maybe the model providers don't really want their models to differentiate. Sorry but it's true.

Math 52

Math Portfolio Taxes Marketing 52

Random Roger's Retirement Planning

APRIL 22, 2024

The article devoted a good amount of space to bond market math, focusing on the pain of owning the iShares 20+ Year Treasury ETF (TLT) and bond funds in general. I've been like a broken record for years on the need to avoid bonds that have any sort of duration or at least be extremely underweight duration versus the typical benchmarks.

Marketing 98

Marketing Marketing Financial Advising Math 98

Random Roger's Retirement Planning

OCTOBER 9, 2022

If you do the math, that yields a better long term result in nominal terms and also in risk adjusted terms. Where QDSIX was stagnant for kind of a long time addresses a point that I try to incorporate into client portfolios which is not to thing in static terms. 75/50 targets 75% of the upside and 50% of the downside.

Portfolio 75

Portfolio Math Clients Management 75

Sara Grillo

APRIL 11, 2023

The reason I put all this together is I see a ton of financial advisors out there who struggle to get a grasp of what the math behind a financial advisor practice looks like. It’s important if you want to grow/manage your practice the right way (for the sake of your clients) that you grasp this. Thanks for reading.

Financial Advisor 97

Financial Advisor Management Accounting Consulting 97

Random Roger's Retirement Planning

JULY 27, 2022

For a little context, the typical client not in game over mode has well under 10% in alts for their entire portfolio. I am intrigued by it and have mentioned I am test driving it for inclusion in client portfolios but have not made up my mind. for client and personal holding GLD. for the S&P 500 and 10.6% Simple-complexity.

Portfolio 96

Portfolio Clients Assets Math 96

The Big Picture

SEPTEMBER 19, 2023

Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. Two reasons.

Assets 147

Assets Management Investing Investments 147

The Big Picture

DECEMBER 6, 2022

when I first moved from Spain, and I learned a lot because I spent a lot of time with financial advisors, which, as you know, is a key segment of our client base today. phenomenon, it’s a global phenomenon and we want to be able to service our clients in all regions of the world. Is that the clients you’re aiming for?

Clients 162

Clients Investing Investments Management 162

Clever Girl Finance

FEBRUARY 12, 2023

For example, you may choose to go out and get your own clients from the start. You can provide bookkeeping services online or offline, and it can be the best side hustle for women who are great at math and business. Your clients can range from local businesses in your area to hundreds of business owners online.

Advertising 98

Advertising Clients Media Electronics 98

Clever Girl Finance

JULY 8, 2024

When I became a freelance writer, I really enjoyed the freedom with my time, as well as the ability to set my own prices and find clients I wanted to work with. For example, I could choose to go out and get my own clients from the start. Your clients can range from local businesses in your area to hundreds of business owners online.

Clients 98

Clients Advertising Media Planning 98

The Big Picture

SEPTEMBER 3, 2024

00:12:42 [Speaker Changed] I think it absolutely should be the norm because it is generally what our clients are seeking. And I think a lot of investors have figured out how to effectively make money for their clients with shorter term time horizons, otherwise they wouldn’t be doing it. Tell us a little bit about that.

Investing 147

Investing Investments Management Valuation 147

Clever Girl Finance

JULY 13, 2022

It's common to see self-taught professionals in the tech industry, so you can easily find resources to teach yourself web design and start seeking clients. You can work on them on your own as a side hustle , or scale up and hire other virtual assistants so you can take on more clients. Web design. Social media management. Food service.

Food 122

Food Advertising Media Planning 122

Random Roger's Retirement Planning

JULY 8, 2023

That is difficult to pull off but if you do the math on that it shows long term outperformance. He makes a good point about not relying solely on math to assess markets and portfolio construction, that the psychology of markets is important too. 75/50 seeks to capture 75% of the upside with only 50% of the downside. I agree with him.

Asset Allocation 74

Asset Allocation Math Portfolio Assets 74

Random Roger's Retirement Planning

JUNE 3, 2024

Do the math on your particulars like what your various sources of earned income will likely be, how much your RMDs will likely be and so on. Every advisor has a couple of clients who withdraw way above 4-5%, I certainly do but the market of the last 15 years or so has bailed those people out. I'm paraphrasing Slott.

Numbers 98

Numbers Taxes Retirement Accounting 98

The Better Letter

MAY 13, 2022

“Bottom line: Behavioral finance generates fascinating insights but hasn’t had much practical impact on financial advisors and their clients seeking to make better financial decisions, let alone achieve financial wellbeing.” For math, she teaches the advanced class — the top students in the school.

Math 52

Math Economics Marketing Marketing 52

Clever Girl Finance

JULY 6, 2023

Bookkeeping and accounting If you liked math in school and have a knack for numbers, you might make a great bookkeeper. Social media management may involve daily tasks of posting and interacting with clients on Facebook, Instagram, and even Twitter. It’s completely up to you how many clients you take and how often you work!

Clients 105

Clients Media License Advertising 105

Clever Girl Finance

AUGUST 19, 2022

If you have analytical and math skills, you can put them to good use here. However, the exact amount you can make will depend on how many clients you have and your unique accountancy skill-set. You can find your own clients or get a remote job on Remote.co. per hour when they get design clients.

Accounting 98

Accounting Math Clients Management 98

Random Roger's Retirement Planning

NOVEMBER 21, 2023

A model portfolio is simply a portfolio that can scale up to be implemented in sort of an automated fashion across the board for all clients or maybe an advisor will have a stable of a couple of different ones they use depending on a client's particulars. So using simple math, the total return is 34% versus 72% for the common.

Portfolio 75

Portfolio Asset Allocation Math Management 75

Random Roger's Retirement Planning

MARCH 20, 2023

The way the math works, a 67% allocation to NTSX (Portfolio 2 with 33% in the T-bill ETF) equals 100% in Vanguard Balanced Index Fund (VBAIX) which is a proxy for 60/40 and Portfolio 3. I have no interest or intention of using any of the funds mentioned personally or for clients. It is 90% equities and 60 bonds.

Assets 74

Assets Portfolio Math Management 74

Random Roger's Retirement Planning

JULY 14, 2022

I've dabbled with a couple of these but they can be tricky to own and it has been a long time since I used any in client accounts. I owned this one for clients for quite a while before the financial crisis. First let's look at the Global X NASDAQ 100 Covered Call ETF (QYLD). CEFconnect has MCN's yield at 10.64%.

Portfolio 72

Portfolio Math Clients Marketing 72

The Big Picture

MARCH 20, 2024

As it turns out, there are ways you can use data to your advantage, even if you’re not a math wizard. They can be much more professional about it, and then they can help their client. People did whatever was working based more on gut feelings than data. Portfolio management was a lot less evidence-based than it is today.

Investing 162

Investing Investments Portfolio Valuation 162

Investing Caffeine

FEBRUARY 1, 2022

Math Matters. I did okay in school and was educated on many different topics, including the basic principle that math matters. If bond yields climb significantly to the point where returns are more competitive with stocks, I will likely be buying significantly more bonds for me and my Sidoxia ( www.sidoxia.com ) clients.

Math 52

Math Assets Investing Investments 52