Abnormal Returns

AUGUST 28, 2024

slate.com) How to negotiate real estate commissions today. (ofdollarsanddata.com) Why even people in retirement are considering Roth IRA conversions. nytimes.com) Negotiating How to negotiate with your credit card company. wsj.com) Personal finance We are all stuck in our own frames. How to get out.

Retirement 287

Retirement Commission Marketing Marketing 287

Abnormal Returns

MARCH 18, 2024

wsj.com) How home buying is going to change with a new commission regime. IPOs Apple ($AAPL) and Google ($GOOGL) are exploring putting Google's AI on the iPhone. spyglass.org) A closer look at Reddit's risks. wired.com) Housing Austin's housing market is cooling off. insights.finominal.com) Disruption of the Suez Canal is real.

Financial Advising 276

Financial Advising Commission Food Economy 276

Nerd's Eye View

OCTOBER 30, 2024

However, despite the large number of potential conflicts that exist for advisory firms, much of the financial media and the general public tend to focus specifically on the conflicts caused by commission-based fee models.

Advertising 235

Advertising Commission Marketing Marketing 235

The Big Picture

APRIL 28, 2023

Presidential Task Force on Market Mechanisms (Brady Commission) for the U.S. He was the founding Trustee of the Robin Hood Foundation in 1988He was also Chairman and CEO of Computer Trading Corporation, an investment and advisory firm whose largest consulting client is the Canadian Imperial Bank of Commerce (CIBC).

Investments 278

Investments Investing Commission Consulting 278

Abnormal Returns

DECEMBER 25, 2023

riabiz.com) DPL Financial Partners is seeing growth in commission-free annuity sales. (morningstar.com) A list of the most popular podcasts for financial advisers. linkedin.com) The biz Vestwell just raised a new $125 billion Series D. investmentnews.com) Startup Arch wants to build a better private capital markets workflow.

Financial Advising 289

Financial Advising Startup Commission Financial Advice 289

Abnormal Returns

AUGUST 15, 2024

hunterwalk.com) Home buying New home sales commission rules are coming into effect. (nytimes.com) Finance It seems the SEC will approve just about any ETF these days. ft.com) What VC returns look like in the real world. cnn.com) Home buying is going to get more complicated. wsj.com) Consumer spending Retail sales jumped 1.0% in July.

Financial Advising 278

Financial Advising Commission Retail Sales 278

Nerd's Eye View

APRIL 26, 2024

Also in industry news this week: The Federal Trade Commission released a final rule that would ban most non-compete agreements, which could lead to an increasing number of non-solicit agreements (and, potentially, lawsuits regarding their enforcement) between financial planning firms and their advisors The Securities and Exchange Commission issued (..)

Financial Planner 245

Financial Planner Commission Communication Financial Advisor 245

Nerd's Eye View

JUNE 30, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that NAPFA has announced that it will no longer exclude advisors who receive up to $2,500 in annual trailing commissions from previous product sales, if they agree to donate that money to a non-profit organization (..)

Financial Planner 245

Financial Planner Fee Only Commission Retirement Planning 245

Abnormal Returns

MARCH 21, 2024

bloomberg.com) New commission rules could drive an exodus of realtors from the business. (wired.com) Fund management Is the mutual fund structure now obsolete? on.ft.com) Housing Austin shows the rules of supply and demand work for housing. theatlantic.com) How much is a house worth if it is uninsurable?

Financial Advising 289

Financial Advising Commission Media Economy 289

Abnormal Returns

MARCH 17, 2024

newsletter.abnormalreturns.com) Mixed media On the end of the 6% real estate commission. (abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. cnn.com) The management consulting business is struggling. wsj.com) Nobody is happy with the state of dating apps.

Financial Advising 288

Financial Advising Commission Valuation Consulting 288

Abnormal Returns

NOVEMBER 2, 2023

cnbc.com) Is change finally coming to realtor commissions? Then check out our weekly e-mail newsletter. newsletter.abnormalreturns.com) Mixed media LinkedIn now has a 1 billion users. axios.com) Creators don't need 'creator startups.' youngmoney.co)

Advertising 264

Advertising Financial Advising Startup Commission 264

Nerd's Eye View

MAY 15, 2024

commissions), and who holds themselves out as a trusted adviser by either stating they are acting as a fiduciary or otherwise indicates that they are making individualized recommendations based on the investor's best interest.

Retirement 246

Retirement Commission Banking Financial Advising 246

Abnormal Returns

MARCH 20, 2024

financialducksinarow.com) How homebuying is going to change with a new commission regime. (vox.com) Why you won't likely regret shedding stuff. humbledollar.com) How Social Security survivor benefits work. thebasispoint.com) A positive take on Morgan Housel's "The Psychology of Money." thewaiterspad.com)

Asset Allocation 278

Asset Allocation Retirement Commission Taxes 278

Nerd's Eye View

OCTOBER 3, 2022

While the growth of DPL’s marketplace may itself usher in a greater level of annuity competitiveness, as companies are forced to compete for RIA attention not by offering the biggest commissions but by offering the best features and benefits to get through the RIA-as-gatekeeper.

Commission 245

Commission Financial Planning Ethics Planning 245

Advisor Perspectives

JUNE 12, 2024

Then any commissions earned from the sale of products, usually insurance products, are credited back to the client, offsetting and reducing the annual fee by the amount of the commission. A planner using a fee-offset model sets an annual fixed fee for their services.

Commission 64

Commission Insurance Sales Clients 64

Nerd's Eye View

OCTOBER 25, 2023

In 2019, the SEC released a Commission Interpretation that separated the obligation of RIAs to act in their clients' best interests into separate duties of care (to provide investment advice in the best interest of the client) and loyalty (to eliminate or disclose all potential conflicts of interest with the client).

Fiduciary Duty 243

Fiduciary Duty Commission Clients Accounting 243

Abnormal Returns

NOVEMBER 19, 2023

nytimes.com) Home sellers in most countries don't pay a 6% realtor commission. (michaelparekh.substack.com) Housing A growing share of American homes are mortgage-free. bloomberg.com) 30-year mortgages are to blame for the bifurcated housing market.

Financial Advising 278

Financial Advising Commission Manufacturing Media 278

Nerd's Eye View

JULY 18, 2022

But these positions are often tenuous for new advisors, with extremely high failure rates, driven in large part by compensation that is reliant primarily on commissions from product sales.

CFP 235

CFP Recruitment Sales Certification 235

Nerd's Eye View

JANUARY 12, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Securities and Exchange Commission this week authorized 11 Spot Bitcoin Exchange-Traded Funds (ETFs), which could provide financial advisors and their clients with a convenient way to invest in the cryptocurrency without (..)

Financial Planner 240

Financial Planner Financial Advisor Commission Budgeting 240

The Big Picture

AUGUST 26, 2022

In 1938, Ford commissioned a one-off design from company Chief Stylist Eugene T. The Lincoln Continental began life as a personal vehicle for Ford Motor Company President Edsel Ford. Bob Gregorie.

Commission 235

Commission Engineering 235

The Big Picture

NOVEMBER 25, 2022

Instead of trying to winnow winners from losers, you’re better off saving on brokerage commissions and headaches by spreading your investment dollars across the entire market. ( The stock and bond markets incorporate new information into prices almost instantly, so trying to beat them is a fool’s errand, Malkiel wrote. New York Times ). •

Commission 313

Commission Budgeting Economics Retail 313

Nerd's Eye View

NOVEMBER 20, 2024

One of the best sources of guidance from the Securities and Exchange Commission (SEC) is a 1986 interpretive release that unofficially sets forth a framework for satisfying the fiduciary duty to seek best execution of securities transactions in client accounts.

Fiduciary Duty 218

Fiduciary Duty Clients Commission Accounting 218

Nerd's Eye View

MARCH 22, 2024

Also in industry news this week: A recent survey suggests that advisors who best understand their prospects' and clients' unique needs and communicate their value and fees clearly could be best positioned to win and retain clients Why a dearth of advisor talent could spur additional M&A activity and 'poaching', and what firms can do to attract (..)

Financial Planner 245

Financial Planner Communication Retirement Electronics 245

Nerd's Eye View

FEBRUARY 9, 2024

Also in industry news this week: A recent study finds that having a defined marketing strategy is a linchpin of marketing success, as advisors with a defined strategy were more likely to have seen an increase in inbound leads during the past 12 months and have more confidence in meeting their practice goals during the coming year than those without (..)

Financial Planner 243

Financial Planner Fee Only CFP Commission 243

Abnormal Returns

JANUARY 27, 2024

theguardian.com) NASA's Ingenuity helicopter on the surface of Mars is out of commission. (theatlantic.com) Space Japan became the fifth country to land on the Moon. nature.com) Why is landing on the moon so difficult? arstechnica.com) It's easier to boost a satellite once it's already in orbit.

Insurance 278

Insurance Financial Advising Commission Food 278

Nerd's Eye View

AUGUST 16, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Securities and Exchange Commission (SEC) announced that a total of 26 broker-dealers, investment advisers, and dually-registered firms agreed to pay combined civil penalties of almost $400 million for failing to maintain (..)

Financial Planner 242

Financial Planner Communication Retirement Commission 242

Abnormal Returns

FEBRUARY 26, 2023

Sentencing Commission show judges rejected more than 80% of compassionate release requests filed from October 2019 through September 2022. (morningstar.com) Medical debt plays a big role in why the South has lower credit ratings on average. washingtonpost.com) Urban areas can't grow without new housing. bloomberg.com) Data from the U.S.

Ethics 243

Ethics License Financial Advising Startup 243

Mish Talk

DECEMBER 22, 2022

The Securities and Exchange Commission and Commodity Futures Trading Commission also sued Ms. Ellison, 28 years old, pleaded guilty to seven counts, including wire fraud and conspiracy to commit securities fraud, according to her plea agreement, which was signed Monday. Mr. Wang, 29, pleaded guilty to four counts, including wire fraud.

Commission 203

Commission Assets Economics 203

The Big Picture

OCTOBER 8, 2022

We went along for the ride : Jared Isaacman, who commissioned a private astronaut flight to orbit last year, has purchased three more space trips from Elon Musk’s SpaceX ( Washington Post ). • What Einstein and Bohr’s debate over quantum entanglement taught us about reality : The microscopic world behaves very unlike the world we see around us.

Commission 298

Commission Food Government Sales 298

Trade Brains

OCTOBER 29, 2024

State-owned fuel retailers on Tuesday hiked the commission they pay to petrol pump dealers but there will be no change in retail petrol and diesel prices. Current Dealer Commission At present, dealers are paid Rs 1,868.14 per kilolitre, plus 0.875 percent of produce billable price as commission on petrol. per kg, plus 0.28

Commission 52

Commission Retail Investment Advisor Consulting 52

Nerd's Eye View

SEPTEMBER 23, 2022

While the new rule allows financial advisors to proactively use testimonials (from clients), endorsements (from non-clients), and highlight their own ratings on various third-party websites, the SEC’s warning suggests that advisory firms will want to take care to abide by the compliance requirements linked to the new rule.

Financial Planner 239

Financial Planner Compensation Planning Compliance Insurance 239

Nerd's Eye View

DECEMBER 16, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that CFP Board is forming a Competency Standards Commission in 2023 to review and evaluate its competency requirements for Education, Examination, Experience, and CE, which represents an opportunity for CFP Board (..)

Financial Planner 246

Financial Planner CFP Financial Advisor Retirement Planning 246

Calculated Risk

JULY 29, 2022

According to the Bureau of Economic Analysis, RI includes new single-family structures, multifamily structures, home improvement, Brokers’ commissions and other ownership transfer costs, and a few minor categories (dormitories, manufactured homes). Brokers' commissions were unchanged year-over-year in Q4 (down as a percent of GDP).

Commission 145

Commission Manufacturing Investments Investing 145

Nerd's Eye View

SEPTEMBER 1, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Massachusetts Supreme Judicial Court ruled that the state's fiduciary rule for broker-dealers can stand, potentially opening the door for other states to impose similar standards that exceed the requirements of the Securities (..)

Financial Planner 235

Financial Planner Strategic Planning Retirement Planning Retirement 235

Nerd's Eye View

JANUARY 6, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Securities and Exchange Commission (SEC) has received significant pushback from investment adviser and financial industry trade groups to the regulator’s recent proposal that would establish formalized (..)

Financial Planner 234

Financial Planner Retirement Planning Commission Retirement 234

A Wealth of Common Sense

JULY 12, 2024

Commissions still averaged 40 cents a share. Charley Ellis wrote a great book about the index fund revolution back in 2016. One of my favorite parts of the book is where Ellis looks at how Wall Street has changed in the past 50 years: MBAs were uncommon. PhDs were never seen. All trading was paper based.

Certification 142

Certification Commission Marketing Marketing 142

Nerd's Eye View

SEPTEMBER 13, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the SEC this week fined 4 RIAs for violations of its marketing rule related to their claims that they offered 'conflict-free' financial advice.

Financial Planner 245

Financial Planner Compliance Fee Only Communication 245