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Risk Management in Financial Services During 2023 – 10 Key Highlights

Risk Management Guru

As the year 2023 draws to a close, it’s time to reflect on the significant strides made in the realm of Risk Management within the financial services industry. Greater use of data and analytics : Financial services firms are using data and analytics to identify and manage risks more effectively.

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When Does A Financial Coach Need To Register As An Investment Adviser? The “ABCS” Test To Determine Status

Nerd's Eye View

Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services. While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular.

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Market Commentary: Tariffs Have Increased Market Uncertainty, but Job Growth Remains Solid

Carson Wealth

About 49% of jobs created in February were in health care and social assistance (+63,000) and government (+11,000). State/local government employment is almost 8-9 times larger than at the federal level.) The support from non-cyclical areas of the economy in February continues a theme weve seen over the past six months to a year.

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Market Commentary: Good Riddance February, Hello March

Carson Wealth

Household consumption: 68% of GDP Nonresidential (business) investment: 14% Residential investment (housing): 4% Net exports (exports minus imports): -3% Federal government spending: 6% State/local government spending: 11% Net exports are negative because the US imports more than it exports (a lot more). pp Housing: +0.06

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Weekend Thoughts – SBF, Interest Rates & Jobs

Discipline Funds

Liars Poker was a book that both excited me about getting into the financial services industry and also made me deeply question the motives of people in the financial services industry. You see, most financial services ponzi schemes start with good intentions. It has a printing press.

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Market Commentary: Is “Sell in May” Still Relevant?

Carson Wealth

A closer look at GDP data reveals five major components: Household consumption Investment — nonresidential and residential Government spending Change in private inventories Net exports (exports minus imports) The last two — private inventories and net exports — tend to be the most volatile segments of GDP growth. in the first quarter.

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Regulating Risk: Adapting to the Changing Landscape

Risk Management Guru

The regulatory landscape for risk management in financial services is constantly evolving, presenting a formidable challenge for firms and Banks striving to comply and manage their risk profiles effectively. These experts can provide valuable insights, tailored strategies, and hands-on support to ensure compliance and risk mitigation.