Nerd's Eye View

OCTOBER 1, 2024

Welcome everyone! Welcome to the 405th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Gaetano Sacco. Gaetano is a partner and senior financial advisor at Fountainhead Advisors, an RIA based in Warren, New Jersey, that oversees approximately $900 million in assets under management for 1,000 client households. What's unique about Gaetano, though, is how after breaking away from an insurance broker-dealer with barely $5M in assets under management, he has been abl

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Assets Financial Advisor Insurance Clients 233

A Wealth of Common Sense

OCTOBER 1, 2024

The pictures and videos from the wake of Hurricane Helene are unfathomable. One emergency respondent said the flooding in parts of North Carolina resembles biblical devastation. I can’t imagine trying to pick up the pieces if your town, home or business was destroyed by the storm. The good news is this country is pretty good about rallying the troops to help in situations like these.

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Advisor Perspectives

OCTOBER 1, 2024

Expanding outreach to include a well-orchestrated digital lead generation strategy is the most effective and efficient way to grow a client roster and help new generations navigate the Great Wealth Transfer with optimal financial strategies.

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Clients 122

Wealth Management

OCTOBER 1, 2024

They can help deepen advisors' understanding of client behaviors, biases and decision-making processes.

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Clients 122

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

Calculated Risk

OCTOBER 1, 2024

From the Census Bureau reported that overall construction spending decreased: Construction spending during August 2024 was estimated at a seasonally adjusted annual rate of $2,131.9 billion, 0.1 percent below the revised July estimate of $2,133.9 billion. The August figure is 4.1 percent above the August 2023 estimate of $2,047.4 billion. emphasis added Private spending decreased and public spending increased: Spending on private construction was at a seasonally adjusted annual rate of $1,642.2

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Trade Brains

OCTOBER 1, 2024

In today’s fast-paced world, electronic manufacturing companies are the backbone of technological progress. They produce the devices we use daily, from smartphones to home appliances. Their innovative technologies make communication, work, and entertainment more accessible. In this article, we will see some of the best EMS stocks in India. These companies drive economic growth by creating jobs and supporting industries.

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Electronics Manufacturing Certification Transportation 98

Wealth Management

OCTOBER 1, 2024

In addition to a new color scheme, logo and updated website, there will be a drive toward hyper-personalization and management of alternative investments.

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Management Investing Investments 119

Darrow Wealth Management

OCTOBER 1, 2024

Do I need a revocable living trust? Choosing whether to fund a trust with your assets is an important decision in the estate planning process. Since a trust is different from a will, many individuals need both. Here are three main reasons you may want to consider putting your assets in a trust. Do I need a living trust if I have a will? Don’t think of it like a will vs a trust.

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Assets Estate Planning Distribution Fiduciary Duty 93

Wealth Management

OCTOBER 1, 2024

The new programs are part of an effort to attract more high-net-worth clients with broader offerings.

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Financial Planning Planning Clients 119

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

Million Dollar Round Table (MDRT)

OCTOBER 1, 2024

By Michael DePilla, MDRT in-language content strategist Creating miracles, helping clients to understand why managing money is more important than making money and seeing past appearances can all be some of the skills it takes to be a financial advisor. Find out more from MDRT members worldwide with these simple ideas to think differently and perhaps see what others miss.

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Communication Financial Advisor Clients Accounting 89

Wealth Management

OCTOBER 1, 2024

Josh Hederick filed his complaint in North Carolina federal court, alleging that Edelman’s litigation record means he can’t trust they’ll work with him on his departure “in good faith.

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Calculated Risk

OCTOBER 1, 2024

Wards Auto released their estimate of light vehicle sales for September: September U.S. Light-Vehicle Sales up Slightly on SAAR basis; Q3 Volume Down 1.9% (pay site). Sales over the past six months have been mostly in negative territory even though inventory continued to rise. Affordability and a slowdown in fleet orders have been the bane to growth.

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Sales 80

Wealth Management

OCTOBER 1, 2024

Wealth advisors and asset managers expect a boost in flows to actively managed fixed income strategies in the wake of lower interest rates, reports FundFire. Schwab Asset Management is splitting shares on two-thirds of its ETFs in an attempt to boost sales. These are among the investment must reads we found this week for wealth advisors.

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Wealth Advisor Investing Investments Assets 115

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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

Calculated Risk

OCTOBER 1, 2024

From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 8.0 million on the last business day of August , the U.S. Bureau of Labor Statistics reported today. Over the month, hires changed little at 5.3 million. Total separations changed little at 5.0 million. Within separations, quits (3.1 million) continued to trend down and layoffs and discharges (1.6 million) changed little. emphasis added The following graph shows job openings (black line), hires

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Numbers Economy Marketing Marketing 75

Wealth Management

OCTOBER 1, 2024

By 2029, the firm anticipates that the global wealth business could represent 50% of its annual third-party capital-raising volume.

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Assets 114

Advisor Perspectives

OCTOBER 1, 2024

Trusted authorities don’t market their solutions or dispense free advice pre-sale, to impress their prospects and compete in the market.

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Sales Marketing Marketing 64

Wealth Management

OCTOBER 1, 2024

Auxesys' John Swystun details what advisors can learn from SAAS companies.

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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

Advisor Perspectives

OCTOBER 1, 2024

Business divorces are often painful, expensive, and damaging – not just to the individuals involved, but to the advisory firm’s reputation and, most importantly, to its clients. However, with some foresight and planning, many of the common triggers for a business split can be avoided.

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Clients Planning 64

Wealth Management

OCTOBER 1, 2024

Mercer Advisors, Savant, Beacon Pointe and Credent are among the RIAs announcing acquisitions on Tuesday.

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Calculated Risk

OCTOBER 1, 2024

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 September. This report is for private payrolls only (no government). The consensus is for 110,000 jobs added, up from 99,000 in August.

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Government 59

Wealth Management

OCTOBER 1, 2024

Bettinger, who turns 65 next year, has led Schwab since 2008. He's handing the role to President Rick Wurster.

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Banking 105

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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

Steve Sanduski

OCTOBER 1, 2024

Guest: Joe Anderson , the CEO and President of Pure Financial Advisors. Joe founded the firm in 2007 and it has grown to over $7 billion in assets under management and more than 6,000 clients. In a Nutshell: Building a corporate marketing machine that delivers a consistent stream of high-quality prospects and new clients is pretty much every advisor’s dream.

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Financial Advisor Marketing Marketing Clients 59

Alpha Architect

OCTOBER 1, 2024

Current Exposures: Full exposure to domestic equities. Full exposure to international equities. Full exposure to REITs. No exposure to commodities. Full exposure to intermediate-term bonds. DIY Trend-Following Allocations: October 2024 was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

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Asset Allocation Assets 59

Advisor Perspectives

OCTOBER 1, 2024

Victor Haghani, James White and Jerry Bell of Elm Partners Management conducted a fascinating experiment to investigate the value of getting tomorrow’s headlines today, and the trading acumen of finance students. The results may suggest to some that finance courses need an upgrade, but to me the study is interesting because of what it says about good decision-making.

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Marketing Marketing Management 59

SEI

OCTOBER 1, 2024

Firms must adapt to meet the needs of future generations.

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Retirement Marketing Marketing 52

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

Advisor Perspectives

OCTOBER 1, 2024

Companies and governments around the globe spent the past month streaming into debt markets, seizing on declining interest rates ahead of an uncertain US presidential election that many fear will spur volatility in markets.

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Sales Government Marketing Marketing 59

SEI

OCTOBER 1, 2024

Ryan Hicke highlights our pillars of technology, operations, and asset management.

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Investing Investments Assets Management 52

Advisor Perspectives

OCTOBER 1, 2024

BlackRock Inc. Chief Executive Officer Larry Fink said infrastructure is a major component to help stimulate growth in every economy and there’s enough capital in the private sector to fund investment.

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Economics Economy Investing Investments 59