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. the Fiduciary Rule 2.0), which is set to go into effect in September and (if it survives anticipated legal challenges) would represent a significant shift toward greater fiduciary standards in the financial services industry, including by defining as a fiduciary act a one-time recomm

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The Big Picture

APRIL 26, 2024

This week, we speak with Dr. Ed Yardeni, President of Yardeni Research , a provider of global investment strategies and asset-allocation analyses and recommendations. He previously served as Chief Investment Strategist of Oak Associates, Prudential Equity Group, and Deutsche Bank’s US equities division in New York City. He taught at Columbia University’s Graduate School of Business and was an economist with the Federal Reserve Bank of New York and at the Federal Reserve Board of Governors and t

Asset Allocation 173

Asset Allocation Advertising Engineering Media 173

A Wealth of Common Sense

APRIL 26, 2024

Here’s the lede from a Bloomberg article about rich people trying to avoid taxes in New York City: At New Jersey’s Teterboro and Long Island’s Islip airports, dozens of private jets destined for Florida take off at times such as 11:42 p.m. or 11:54 p.m. Over at JFK, a regular flight from San Juan, Puerto Rico, arrives at a seemingly purposeful time: about 15 minutes after midnight.

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Taxes 144

Calculated Risk

APRIL 26, 2024

The BEA released the Personal Income and Outlays report for March: Personal income increased $122.0 billion (0.5 percent at a monthly rate) in March , according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI), personal income less personal current taxes, increased $104.0 billion (0.5 percent) and personal consumption expenditures (PCE) increased $160.9 billion (0.8 percent).

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Food Taxes Economics 129

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

Alpha Architect

APRIL 26, 2024

Hibbert, Kang, Kumar and Mishra provided us with yet another explanation: social media is providing analysts with information that reduces their forecasting errors. The result has been an increase in market efficiency, leading to a reduction in the PEAD anomaly. The bottom line is that the ability to generate alpha continues to be under assault—trying to outperform the market by stock selection is becoming even more of a loser’s game.

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Media Marketing Marketing 127

Wealth Management

APRIL 26, 2024

As clients become increasingly aware of the complexities of wealth transfer, asset protection and legacy planning, they expect comprehensive guidance from their advisors.

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Wealth Management Estate Planning Planning Management 119

Advisor Perspectives

APRIL 26, 2024

The S&P 500 capped off its best week of the year as it rose 2.67% from last Friday. The weekly gain ends the index's streak of three straight weekly losses. The index is currently up 7.53% year to date and now sits 2.94% below its record close from March 28, 2024.

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Wealth Management

APRIL 26, 2024

Advisor Eric Franklin explains why the $39 million AUM firm switched from Wealthbox to Advyzon to centralize operations and why they may soon switch back.

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Walkner Condon Financial Advisors

APRIL 26, 2024

Whether you are engaged or have recently married, developing a plan to combine finances with your partner can significantly reduce finance-related stress down the road by promoting transparency and simplicity in your relationship. According to a 2021 survey conducted by Ramsey Solutions , 41 percent of married couples said that they fight about finances.

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Accounting Retirement Financial Advisor Budgeting 103

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

Wealth Management

APRIL 26, 2024

Democracy Investment's CEO and CIO discuss how Democracy International Fund came about and the international investment landscape.

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Investing Investments 114

Random Roger's Retirement Planning

APRIL 26, 2024

Blending together assets/strategies with different attributes, correlations and expected behaviors plays a huge role in how I construct portfolios. This is something I've been doing and writing about for ages. The blending, when done effectively, can help smooth out the ride for clients which is a high priority for me. Forget that though. What if all someone cared about was beating the market, regardless of the volatility, regardless of the occasional, painful drawdown?

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Marketing Marketing Portfolio Management 95

Wealth Management

APRIL 26, 2024

The Magnificent 7 stocks dominate on social media, according to one reckoning.

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Media 111

Advisor Perspectives

APRIL 26, 2024

The BEA's Personal Income and Outlays report revealed inflation rose more than expected in March. Core PCE, the Fed's favored measure of inflation, was up 0.3% from February and was flat at 2.8% year-over-year. Inflation was expected to increase 0.3% month-over-month and cool to 2.6% year-over-year.

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Accounting

Wealth Management

APRIL 26, 2024

These funds lost the most money over the last 30 days.

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Advisor Perspectives

APRIL 26, 2024

With the release of March's report on personal incomes and outlays, we can now take a closer look at "real" disposable personal income per capita. At two decimal places, the nominal 0.47% month-over-month change in disposable income comes to 0.15% when we adjust for inflation. The year-over-year metrics are 3.58% nominal and 0.85% real.

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Calculated Risk

APRIL 26, 2024

Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie: Single Family Serious Delinquency Rate Decreased, Multi-family Decreased in March Brief excerpt: Single-family serious delinquencies decreased in March, and multi-family serious delinquencies decreased again after the huge surge in January. Freddie Mac reports that the multi-family delinquencies rate declined to 0.34% in March, down from 0.35% in February, and down from 0.44% in January.

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Marketing Marketing 69

Advisor Perspectives

APRIL 26, 2024

The multi-trillion-dollar ESG fund industry faces a regulatory problem. By the end of 2025, funds with net assets of $1 billion or more must comply with the amendments to SEC Rule 35d-1, better known as the “names rule.” It requires funds with names that include ESG terms have at least 80% of the fund invested in assets that aligned with those terms.

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Manufacturing Assets Investing Investments 69

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

Numbers

Meb Faber Research

APRIL 26, 2024

Guest: Catherine LeGraw is a member of GMO’s Asset Allocation Team. Recorded: 4/18/2024 | Run-Time: 45:15 Summary: In today’s episode, Catherine explains why this is “the best relative asset allocation opportunity we’ve seen in 35 years,” and “we are building portfolios with some of the highest forecasted relative and absolute returns we’ve ever seen.” She […] The post Episode #530: GMO’s Catherine LeGraw – Capitalizing on Global Asset Allocation in 2024 appe

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Asset Allocation Assets Portfolio Investing 57

Advisor Perspectives

APRIL 26, 2024

In the competitive landscape of the investment advisory industry, retaining top talent is essential for the long-term success and growth of investment advisory firms. To incentivize and reward key employees, investment advisors often turn to equity compensation tools.

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Investment Advisor Investing Investments 64

MainStreet Financial Planning

APRIL 26, 2024

As summer approaches, I know many of you are planning trips, so I want to share four “secrets” I use to help make your vacation planning a little easier. These may seem basic but in the last few years, I have saved hundreds of dollars and hours of my life! Travel credit cards – If you don’t have one already, travel credit cards are a great way to save hundreds of dollars on your next vacation.

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Planning Commission Financial Planning 52

Advisor Perspectives

APRIL 26, 2024

The dust had barely settled after Silicon Valley Bank’s collapse last year when savvy investors began lining up for a big payout, based on a hastily written government press release.

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Government Banking 64

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

Planning

Sara Grillo

APRIL 26, 2024

In this blog I provide a quick take on whether or not it makes sense to try to get a job at a big investment firm after you graduate from college, or if it’s better to work at a smaller firm. The advantages of working at a big investment firm There are certain advantages to working at a big firm right after college. It will probably provide you with a more reputable name on your resume, and that’s a great asset in terms of providing credibility right away.

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Investing Investments Portfolio Management Consulting 52

Advisor Perspectives

APRIL 26, 2024

Personal income ( excluding transfer receipts ) rose 0.6% in March and is up 5.0% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.2% month-over-month and 2.3% year-over-year.

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Sara Grillo

APRIL 26, 2024

Why don’t clients listen? Make them hang on every word you say by following these steps. Clients can be so stubborn! From a subscriber : “I have this one stubborn client who never does anything I say. I’m ready to throw in the towel.” I have four children under 10 years old (= chaos, btw). I find myself saying things like this: “If all four of you jump on Daddy’s back at the same time like that, he is going to wind up in the emergency room.” But nobody ever l

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Clients Risk Tolerance Financial Advisor Financial Planning 52

Advisor Perspectives

APRIL 26, 2024

Consumer sentiment continued to plateau in April according to the final report for the Michigan Consumer Sentiment Index. The index fell 2.2 points (-2.8%) to 77.2 from the March final. The latest reading was below the forecast of 77.8.

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Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

Management

oXYGen Financial

APRIL 26, 2024

![CDATA[ How do I get a business credit card? Getting a good business credit card can be a valuable asset for any entrepreneur or small business owner. Not only does it allow you to separate business and personal expenses, but it can also help build your company's credit history and provide rewards and perks. However, getting approved for a business credit card is different from getting a.

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Assets 40

Advisor Perspectives

APRIL 26, 2024

The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of April 12th, the index was at 21.834, down 0.238 from the previous week, with 4 of the 6 components in expansion territory.

Economics 59

Economics Economy 59

Inside Information

APRIL 26, 2024

I’m in the early stages of writing a book about my experiences over 40+ years in the financial planning profession (is anybody going to want to read it?). And I’m discovering, somewhat to my surprise, how many times I’ve been right in the middle of pivotal points in the profession’s evolution. But one of the themes that I’ve been running into over and over again in my reminiscences and storytelling is how often different members of the advisor ecosystem used misinformation (sometimes called lies

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Fee Only Professional Services Clients Compliance 40