Abnormal Returns
SEPTEMBER 17, 2024
Indexing What does an index of CTA returns actually measure? (mrzepczynski.blogspot.com) Why would anyone want to invest in an index of hedge fund returns? (ft.com) Diversification Bob Elliott, "While selection alpha is uncertain, the benefits of diversification and lower fees are far more certain." (caia.org) It's easier to forecast correlations and volatility than returns.
Nerd's Eye View
SEPTEMBER 17, 2024
Welcome everyone! Welcome to the 403rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Eric Stein. Eric is a partner at East Bay Investment Solutions, a firm that provides fractional Chief Investment Officer services based in Charleston, South Carolina, that supports over $6 billion in assets under advisement across 26 advisory firms they serve.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Alpha Architect
SEPTEMBER 17, 2024
The filters analyzed in this article are related to Savitzky-Golay filters [6]. Savitzky-Golay filters were originally developed to smooth noisy data obtained from chemical spectrum analyzers. There are two types: smoothers and differentiators. As with the filters discussed in this article, the design of Savitzky-Golay filters is also based on a least squares fit of the observations to a polynomial function, where the degree of the polynomial is selected based on the structure of the observation
Wealth Management
SEPTEMBER 17, 2024
Jim Rourke and Michael Liu were named co-heads of private client partnership development, which links Bank of America’s global corporate and investment bank, Merrill wealth management and the Private Bank.
Advertisement
Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be
Advisor Perspectives
SEPTEMBER 17, 2024
Christine Benz is Morningstar’s director of personal finance and retirement planning, but she’s written a book that evokes Viktor Frankl as much as Bill Sharpe, aiming to go well beyond the mathematics of saving for, and living in, retirement.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Advisor Perspectives
SEPTEMBER 17, 2024
Nominal retail sales in August were up 0.05% month-over-month (MoM) and up 2.13% year-over-year (YoY). However, after adjusting for inflation, real retail sales were down 0.14% MoM and down 0.45% YoY.
Wealth Management
SEPTEMBER 17, 2024
Concurrent's Nate Lenz describes the firm's unique model for allowing advisors to thrive while maintaining their brand identity.
Advisor Perspectives
SEPTEMBER 17, 2024
Industrial production was up 0.8% in August, coming in better than the expected 0.2% increase. Compared to one year ago, industrial production is flat.
Wealth Management
SEPTEMBER 17, 2024
The acquisition of CornerCap Investment Counsel is another step on EP Wealth’s path to becoming a nationwide RIA, according to CEO Ryan Parker.
Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius
4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor
Calculated Risk
SEPTEMBER 17, 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 8:30 AM, Housing Starts for August. The consensus is for 1.250 million SAAR, up from 1.238 million SAAR. • During the day, The AIA's Architecture Billings Index for August (a leading indicator for commercial real estate). • At 2:00 PM, FOMC Meeting Announcement.
Wealth Management
SEPTEMBER 17, 2024
Dougal Williams has been with the $2.5 billion wealth management firm since 2004, previously serving as chief wealth officer and lead advisor.
Calculated Risk
SEPTEMBER 17, 2024
On a monthly basis, retail sales increased 0.1% from July to August (seasonally adjusted), and sales were up 2.1 percent from August 2023. From the Census Bureau report : Advance estimates of U.S. retail and food services sales for August 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $710.8 billion, an increase of 0.1 percent from the previous month , and up 2.1 percent from August 2023.
Wealth Management
SEPTEMBER 17, 2024
J.P. Morgan Chase Chairman Jamie Dimon called out institutions investors for their role in the rising popularity of private markets, reports FundFire. A Fed interest-rate cut could be a boon for small-cap stocks, according to MarketWatch. These are among the investment must reads we found this week for wealth advisors.
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
Calculated Risk
SEPTEMBER 17, 2024
From the Fed: Industrial Production and Capacity Utilization In August, industrial production rose 0.8 percent after falling 0.9 percent in July. Similarly, the output of manufacturing increased 0.9 percent in August after decreasing 0.7 percent during the previous month. This pattern was due in part to a recovery in the index of motor vehicles and parts, which jumped nearly 10 percent in August after dropping roughly 9 percent in July.
Wealth Management
SEPTEMBER 17, 2024
The pilot program was open to a total of two million individual investors in five equity index funds that have combined assets under management of more than $100 billion.
Million Dollar Round Table (MDRT)
SEPTEMBER 17, 2024
By Antoinette Tuscano, MDRT senior content specialist OpenAI’s ChatGPT debuted in November 2022 and quickly hit 100 million users, becoming the fastest-growing application in internet history, according to the International Monetary Fund. “It’s important for everybody to understand how fast this (AI) is going to change,” said Eric Schmidt, the former CEO and chairman of Google, in 2023.
Wealth Management
SEPTEMBER 17, 2024
Raising younger generations to become financially responsible adults is critical to maintaining a family legacy.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.
Advisor Perspectives
SEPTEMBER 17, 2024
There’s a puzzle developing in the housing market — mortgage rates have fallen rapidly to their lowest level since early 2023, but would-be homebuyers don’t seem to care. It’s possible this is just a timing issue with rates falling during the slow season for transactions and election jitters giving buyers additional reason to hold off.
Wealth Management
SEPTEMBER 17, 2024
The Tema Endowment ETF is set to put about 50% of its holdings toward equities or derivatives, 30% to fixed income and 20% to “other securities,” potentially including allocations to private funds, interval funds or business-development companies.
A Wealth of Common Sense
SEPTEMBER 17, 2024
I’m at Future Proof this week with 4,000 friends in the financial advice space. Here’s a look back at the most popular post in A Wealth of Common Sense history. * In 2014 I wrote a piece called What If You Only Invested at Market Peaks? It’s hard to believe it now, but many investors assumed after a massive 30%+ run-up in the S&P 500 in 2013 that a peak was imminent.
Wealth Management
SEPTEMBER 17, 2024
Firms such as Coinbase Global Inc. and BitGo Inc. have been among the dominant service providers so far in the crypto custody business.
Advertisement
Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!
Advisor Perspectives
SEPTEMBER 17, 2024
You don’t have to read or listen for long these days before you hear a politician, pundit, or politically-inclined person say: “Government spending causes inflation.
Wealth Management
SEPTEMBER 17, 2024
The commission alleged that the schemers behind the fraudulent crypto platform NanoBit Limited falsely claimed their affiliate was an SEC-registered broker.
Trade Brains
SEPTEMBER 17, 2024
In recent years, Indian companies have embraced share buybacks, using company funds to repurchase their own stocks from the market. This trend aims to boost share prices and shareholder value. However, everyone is questioning whether these aggressive buyback strategies truly benefit companies and the Indian economy in the long run. In this article, we are explaining the stock buybacks and their different ways, processes, pros and cons, and why companies are going for aggressive buybacks?
Wealth Management
SEPTEMBER 17, 2024
The emergence of decentralized unincorporated autonomous organizations.
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!
Advisor Perspectives
SEPTEMBER 17, 2024
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.
Wealth Management
SEPTEMBER 17, 2024
Key insights for advising your HNW clients on trips to icy destinations.
Random Roger's Retirement Planning
SEPTEMBER 17, 2024
We've been in Moab, UT since Friday night. I wrote a couple of posts since we got here but regular blogging will resume over the weekend, maybe sooner. The first picture is from Fisher Towers, 20 miles east of Moab on Utah 128. And the second one is from Dead Horse Point State Park overlooking Goosenecks in Canyonlands National Park. That dirt road you see in the picture is where Thelma and Louise drove off the cliff.
Expert insights. Personalized for you.
203 
Let's personalize your content