Calculated Risk

APRIL 29, 2024

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 up 3% year-over-year in Q1.

Commission 278

Commission Manufacturing Investments Investing 278

Calculated Risk

JANUARY 29, 2024

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 down 5% year-over-year in Q4.

Commission 289

Commission Manufacturing Investments Investing 289

Abnormal Returns

AUGUST 15, 2024

hunterwalk.com) Home buying New home sales commission rules are coming into effect. wsj.com) Consumer spending Retail sales jumped 1.0% (ft.com) What VC returns look like in the real world. cnn.com) Home buying is going to get more complicated. barrons.com) What you need to know about home buying (and selling) now.

Financial Advising 278

Financial Advising Commission Retail Sales 278

The Big Picture

APRIL 11, 2024

In the 1960 and 70s, Merrill Lynch was bullish on America – they set their sales staff loose trying to sell the American dream to upper-middle class households. That changed on May 1, 1975, when the Securities and Exchange Commission mandated a change in commission structures. Lots of other active managers did well.

Commission 351

Commission Taxes Management Electronics 351

Calculated Risk

JANUARY 3, 2024

How about housing starts and new home sales in 2024? Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on my blog). New home sales were up 3.9% Through November, starts were down 9.9%

Sales 189

Sales Investments Investing Commission 189

Calculated Risk

DECEMBER 28, 2022

New home sales were down 15.2% Note: RI is mostly investment in new single-family structures, multifamily structures, home improvement and commissions on existing home sales. How about housing starts and new home sales in 2023? Through November, starts were down 1.2% year-to-date compared to the same period in 2021.

Economics 347

Economics Economy Sales Commission 347

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

Calculated Risk

OCTOBER 31, 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). The second graph is for Residential investment components as a percent of GDP.

Commission 228

Commission Manufacturing Investments Investing 228

Nerd's Eye View

APRIL 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor released the final version of its Retirement Security Rule (a.k.a.

Financial Planner 246

Financial Planner Commission Communication Financial Advisor 246

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 246

Financial Planner Fee Only Commission Retirement Planning 246

Million Dollar Round Table (MDRT)

NOVEMBER 16, 2023

Many times, though, they’ll tell me they’re really “bad at sales” or “bad at closing.” If it happens often, it can paralyze you from asking for the sale with confidence — and prospects notice the lack of confidence. Some advisors call this “commission breath.” When this is the case, it’s obviously a huge problem.

Sales 105

Sales Commission Financial Advisor Insurance 105

Nerd's Eye View

JULY 5, 2024

Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential for additional legal challenges to regulations from the Securities and Exchange Commission (SEC), the Department of Labor (DoL), (..)

Financial Planner 246

Financial Planner Retirement Commission Financial Advice 246

Calculated Risk

NOVEMBER 18, 2022

From BofA: Existing home sales actually fell less than we expected, implying slightly stronger brokers’ commissions in 4Q. As a result, our tracking estimate for residential investment in 4Q edged up. That said, after rounding, our 4Q GDP tracking estimate was unchanged at 1.3%

Commission 182

Commission Sales Investments Investing 182

Nerd's Eye View

MAY 22, 2024

With these factors in mind, the Federal Trade Commission (FTC) in April of 2024 announced a final rule banning most non-competes nationwide that is expected to take effect (pending legal challenges) on September 4, 2024.

Financial Advice 246

Financial Advice Commission Clients Financial Advisor 246

Calculated Risk

JANUARY 3, 2023

How about housing starts and new home sales in 2023? Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on my blog). New home sales were down 15.2% year-to-date through November.

Sales 130

Sales Investments Investing Commission 130

MarketWatch

APRIL 17, 2023

after New Jersey Cannabis Regulatory Commission on Monday approved a renewal of the Massachusetts-based company’s cultivation and retail licenses for adult-use in the Garden State, in a reversal of a decision last week, according to spokespeople for the commission and Curaleaf. CURLFCA:CURA stock is up 4.2%

License 75

License Commission Retail Sales 75

Calculated Risk

DECEMBER 24, 2023

New home sales were up 3.9% Note: RI is mostly investment in new single-family structures, multifamily structures, home improvement and commissions on existing home sales. How about housing starts and new home sales in 2024? Through November, starts were down 9.9% year-to-date compared to the same period in 2021.

Economics 226

Economics Economy Sales Commission 226

Abnormal Returns

FEBRUARY 26, 2023

wsj.com) Sketchy products keep showing up for sale on Amazon ($AMZN). Sentencing Commission show judges rejected more than 80% of compassionate release requests filed from October 2019 through September 2022. (wsj.com) At this point, legit crypto companies don't have much choice but to embrace regulation.

Ethics 243

Ethics License Financial Advising Startup 243

The Big Picture

OCTOBER 8, 2022

I went looking for book sales data, only to find that most of it is proprietary and purposefully locked away. Silphion cured diseases and made food tasty, but Emperor Nero allegedly consumed the last stalk. Now, a Turkish researcher thinks he’s found a botanical survivor. National Geographic ). Where Is All the Book Data? Public Books ).

Commission 298

Commission Food Government Sales 298

Nerd's Eye View

AUGUST 25, 2022

Historically, the career path for newer financial advisors has followed a commission-based model that was focused on sales and business development first and learning the technical aspects of financial planning along the way.

Financial Planning 244

Financial Planning Clients Planning Commission 244

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

AUGUST 25, 2022

Historically, the career path for newer financial advisors has followed a commission-based model that was focused on sales and business development first and learning the technical aspects of financial planning along the way.

Financial Planning 242

Financial Planning Clients Planning Commission 242

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 246

Financial Planner Fee Only CFP Commission 246

The Big Picture

MAY 9, 2024

It is a massive Dunning Kruger : exercise in inexperienced but overly confident “ Finfluencers ” reducing complex issues involving money to a slick but misleading sales pitch. 2 Sure, you can claim mainstream media is bad, but social media is worse.

Media 336

Media Taxes Math Investments 336

Ron A. Rhodes

DECEMBER 13, 2023

It is possible that all commission-based compensation involving the sale of investment products, life insurance products, and annuities could be eliminated. And it would be right and just to do…

Commission 59

Commission Insurance Sales Investments 59

Nerd's Eye View

SEPTEMBER 27, 2024

Also in industry news this week: As brokerage firms have faced a wave of lawsuits regarding the low interest rates paid on cash sweep accounts, some legal experts believe that RIAs could also be targeted for legal action if they allow clients' uninvested cash to sit in a cash sweep account rather than investing it or moving it to a higher-yielding (..)

Financial Planner 246

Financial Planner Fiduciary Duty CFP Accounting 246

Nerd's Eye View

NOVEMBER 28, 2022

From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

Clients 246

Clients Fee Only Planning Advertising 246

Nerd's Eye View

NOVEMBER 28, 2022

From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

Fee Only 246

Fee Only Portfolio Clients Planning 246

The Big Picture

FEBRUARY 17, 2024

Wired ) • Realtor Commissions Are Still a Hefty Part of Home Sales. Despite years of technology disruption, home commissions remain stuck near 6%. Few new buildings are going up, diminishing economic vitality Slowdown is particularly pronounced in Chicago, Manhattan. Maybe Not for Long.

Commission 173

Commission Food Banking Management 173

MainStreet Financial Planning

JANUARY 17, 2025

Tax Return Deadlines and Info: In response to the recent wildfires, CDTFA has extended the January 31 sales and use tax filing deadline for Los Angeles County taxpayers until April 30, 2025. Contact the California Fire Foundation at save@cpf.org or (916) 641-1707.

Medical 98

Medical Insurance Taxes Financial Planning 98

Darrow Wealth Management

NOVEMBER 4, 2024

Stockbrokers, registered representatives, dual registered advisors, insurance agents, and other types of advisor-sales roles don’t always have to act in your best interest depending on the situation. Not all advisors are fiduciaries. This AUM based fee structure is common among fee-only advisors who are almost always full-time fiduciaries.

Financial Advisor 61

Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 61

Trade Brains

OCTOBER 20, 2024

Securities and Exchange Commission (SEC) reignites its legal battle against Ripple. Notably, the regulator is zeroing in on XRP’s institutional sales. He emphasised that the core ruling declaring XRP not a security in retail sales remains intact. The cryptocurrency world is once again abuzz as the U.S.

Retail 118

Retail Sales Commission Assets 118

The Big Picture

MARCH 23, 2024

The company’s stock has dropped nearly 13% since Friday’s $418 million settlement between the National Association of Realtors and groups of home sellers which ended the standard 6% commission for Realtors. The bill, meant to force the sale of TikTok, passed by a landslide. link] • Reddit is going public. A classified briefing.

Math 189

Math Commission Insurance Government 189

Ron A. Rhodes

JANUARY 6, 2024

The insurance lobby is against the imposition of the fiduciary standard by the DOL, as it will lower the excessive commissions often paid on the sale of Fixed Index Annuities…

Insurance 67

Insurance Commission Sales Fee Only 67

The Chicago Financial Planner

JANUARY 17, 2022

Baby Boomers and retirees are the prime target market for the annuity sales types. For example, an insurance agent or registered rep is not going to show you a product from a low cost provider who offers a product with ultra-low fees and no surrender charges because they receive no commissions. What is an annuity?

Retirement 185

Retirement Insurance Financial Planner Retirement Planning 185

Harness Wealth

JANUARY 29, 2025

What is the wash-sale rule? The aim is to find investments that have declined in value since purchase, making them suitable for sale. Of these regulations, investors need to pay particular attention to the wash-sale rule. What is the wash-sale rule? Table of Contents What is tax-loss harvesting?

Taxes 52

Taxes Assets Portfolio Sales 52

Nerd's Eye View

JULY 30, 2024

In this episode, we talk in-depth about how Michelle has created a structured process to help her clients successfully navigate the divorce process, from connecting them to divorce specialists that Michelle has pre-vetted, including attorneys, mortgage brokers, and therapists, as well as providing her divorcee clients with a roadmap for their way forward (..)

Clients 130

Clients Financial Advisor Insurance Wealth Advisor 130