Nerd's Eye View

JANUARY 7, 2025

Welcome everyone! Welcome to the 419th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Peter Krull. Pete is the Director of Sustainable Investing of Earth Equity Advisors, an RIA based in Asheville, North Carolina, that oversees approximately $200 million in assets under management for 250 client households. What's unique about Pete, though, is how he has grown his firm by exploring with clients how they can align their portfolios with their own personal values,

Investing 130

Investing Investments Clients Risk Tolerance 130

A Wealth of Common Sense

JANUARY 7, 2025

The first asset allocation quilt I created for this site covered the ten-year period from 2005-2014. Those returns look nothing like the last 10 years which is the whole point of this exercise. Here’s the latest quilt: Some observations: Inflation outperformed TIPS.The average inflation rate over the past 10 years was around 2.9% annually. Treasury-inflation protected securities were up 2.1% annually over the sam.

Asset Allocation 137

Asset Allocation Assets 137

Calculated Risk

JANUARY 7, 2025

The Census Bureau and the Bureau of Economic Analysis reported : The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $78.2 billion in November , up $4.6 billion from $73.6 billion in October, revised. November exports were $273.4 billion, $7.1 billion more than October exports. November imports were $351.6 billion, $11.6 billion more than October imports. emphasis added Click on graph for larger image.

Economics 101

Economics 101

Wealth Management

JANUARY 7, 2025

Mark Sullivan manages $800 million in client assets and is joining Procyon, while St. Petersburg, Fla.-based advisor Mary Lauritano (managing about $525 million in assets) is joining Raymond James employee advisor channel.

Assets 105

Assets Clients Management 105

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Assets

Calculated Risk

JANUARY 7, 2025

Notes: This CoreLogic House Price Index report is for November. The recent Case-Shiller index release was for October. The CoreLogic HPI is a three-month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogic: Northeastern, New England States Continue to Lead US for Annual Home Price Growth in November The national home price gain was 3.4% year over year in November 2024, down from the 5.2% growth recorded in the same month of 2023.

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Advisor Perspectives

JANUARY 7, 2025

In the rush to secure a new client, many advisors instinctively push for momentum during the sales conversation, often feeling the pressure to keep things moving forward.

Sales 69

Sales Clients 69

Wealth Management

JANUARY 7, 2025

Far too many advisors attempt to control every aspect of their practice in a vain effort somehow to deliver a better client experience.

Clients 104

Clients 104

Calculated Risk

JANUARY 7, 2025

Today, in the Real Estate Newsletter: Asking Rents Mostly Unchanged Year-over-year Brief excerpt: Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market. Slower household formation and increased supply (more multi-family completions) has kept asking rents under pressure. Welcome to the January 2025 Apartment List National Rent Report.

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Marketing Marketing 59

Wealth Management

JANUARY 7, 2025

Campus founders, Bill Milby and Jason Lindner, wanted to transition to an independent model.

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Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Management

Calculated Risk

JANUARY 7, 2025

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. At 8:15 AM, The ADP Employment Report for December. This report is for private payrolls only (no government). The consensus is for 143,000, down from 146,000 jobs added in November.

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Government 59

Wealth Management

JANUARY 7, 2025

The deal to acquire Zimmerman Investment Management & Planning is Georgia-based Merits third deal in recent weeks.

Planning 103

Planning Management Investing Investments 103

Validea

JANUARY 7, 2025

Shareholder yield is a comprehensive measure that shows how much value a company returns to its investors relative to its market value. Think of it as a three-part equation: First, there’s the traditional dividend yield the cash payments shareholders receive directly from company profits. Second comes the buyback yield, which creates value when companies repurchase their own shares, effectively making each remaining share more valuable.

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Investments Investing Portfolio Management 52

Wealth Management

JANUARY 7, 2025

The firm has locations in Cedar Rapids and a second spot in Las Vegas, Nev. The firms head said the decision was our way of ensuring our legacy.

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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

Advisor Perspectives

JANUARY 7, 2025

The latest job openings and labor turnover summary (JOLTS) report showed that job openings unexpectedly rose in November, while hiring and quits slowed. Vacancies increased to 8.098 million in November from October's upwardly revised level of 7.839 million. The latest reading was more than the expected 7.730 million vacancies and is the highest level of job openings since May.

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SEI

JANUARY 7, 2025

Launch Strengthens Comprehensive Global Offering and Operational Footprint

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Advisor Perspectives

JANUARY 7, 2025

Gas prices kicked off 2025 by rising to their highest level in almost two months. As of January 6th, the price of regular and premium gas increased 4 and 3 cents from the previous week, respectively. The WTIC end-of-day spot price for crude oil closed at $73.56, up 3.6% from last week.

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Steve Sanduski

JANUARY 7, 2025

Guest: David Newson, Founder at XNW Digital. In a nutshell: Did you achieve your organic growth goals for 2024? If not, there’s a good chance that you’re not drawing some crucial distinctions between the tools that successful firms use to achieve consistent growth and the holistic strategies those tools should be in service of. Getting crystal clear on what those parts are and how they work together is essential to creating an actionable annual plan and executing on it.

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Clients Numbers Marketing Marketing 52

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Clients

Advisor Perspectives

JANUARY 7, 2025

Stocks are coming off another banner year, but strength has bred a frothy sentiment environment, which continues to loom as a risk for likely coming volatility.

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Calculated Risk

JANUARY 7, 2025

(Posted with permission). The ISM Services index was at 54.1%, up from 52.1% last month. The employment index decreased to 51.4%, from 51.5%. Note: Above 50 indicates expansion, below 50 in contraction. From the Institute for Supply Management: Services PMI at 54.1% December 2024 Services ISM Report On Business Economic activity in the services sector expanded for the sixth consecutive month in December, say the nation's purchasing and supply executives in the latest Services ISM Report On Busin

Economics 45

Economics Management 45

Advisor Perspectives

JANUARY 7, 2025

The U.S. international trade in goods and services is published monthly by the Bureau of Economic Analysis with data going back to 1992 and details U.S. exports and imports of goods and services. In November, the trade deficit expanded 6.2% to -$78.19B. The latest reading was better than the forecast of -$78.30B.

Economics 52

Economics 52

Alpha Architect

JANUARY 7, 2025

The following factor performance modules have been updated on ourIndex website.[ref]free access for financial professionals[/ref] Factor Performance Factor Premiums Factor Data Downloads Global Factor Performance: January 2025 was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Asset Allocation 52

Asset Allocation Assets Investing Investments 52

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

Advisor Perspectives

JANUARY 7, 2025

The December U.S. services purchasing managers' index (PMI) conducted by S&P Global came in at 56.8, the highest level since March 2022. The latest reading came in below the forecast of 58.5 but keeps the index in expansion territory for the 23rd straight month.

Management 52

Management 52

Wealth Management

JANUARY 7, 2025

Private equity industry execs are preparing to lobby the second Trump administration to allow 401Ks to include private assets, reports the Financial Times. Private wealth investors have provided a lifeline to VCs as institutions have pulled back, according to PitchBook. These are among the investment must reads we found this week for wealth advisors.

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Wealth Advisor Investing Investments Assets 109

Advisor Perspectives

JANUARY 7, 2025

The Institute of Supply Management (ISM) has released its December services purchasing managers' index (PMI). The headline composite index is at 54.1, better than the forecast of 53.5. The latest reading keeps the index in expansion territory for the sixth straight month.

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Management 52

Abnormal Returns

JANUARY 7, 2025

Markets The U.S. stock market has never been this concentrated. (on.ft.com) A credit-based measure that indicates the stock market is overvalued. (finance.yahoo.com) Strategy Large cap stocks have dominated the past decade of asset class returns. (awealthofcommonsense.com) What the past 20 years of stock market performance tell you about the next decade.

Manufacturing 147

Manufacturing Media Assets Economy 147

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Planning

Advisor Perspectives

JANUARY 7, 2025

Thanks to technology and the rise of passive investing, putting together a sophisticated, diversified portfolio has never been easier.

Financial Planning 52

Financial Planning Planning Portfolio Investing 52

Abnormal Returns

JANUARY 7, 2025

Indexing The index effect has faded over time. (alphaarchitect.com) Mike Green is warning about the risks from passive investing. (institutionalinvestor.com) Fees matter, redux. (jeffreyptak.substack.com) Research A different kind of ten-year asset class performance exercise. (aqr.com) Can simple formulas still distinguish better performing stocks? (alphaarchitect.com) Portfolio constraints can lead to unintended bets.

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Portfolio Assets Investing Investments 147

Advisor Perspectives

JANUARY 7, 2025

Federal Reserve Governor Lisa Cook said policymakers can proceed more cautiously with additional rate cuts, citing a sturdy labor market and recent bumpiness in inflation data.

Marketing 52

Marketing Marketing 52