Fri.Jan 03, 2025

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Vehicles Sales Increase to 16.80 million SAAR in December

Calculated Risk

Wards Auto released their estimate of light vehicle sales for December: U.S. Light-Vehicle Sales End 2024 With Long-Time High December, Q4 SAARs (pay site). Decembers 6% year-over-year rise in the daily selling rate capped off a fourth quarter rebound after demand dropped in Q2 and Q3. The return to growth was aided by rising inventory, increased retail incentives and lower interest rates, while pull-ahead volume of electric vehicles from expectations of cuts in government incentives could have

Sales 182
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MiB: Sunaina Sinha, Global Head of Private Capital with Raymond James

The Big Picture

This week, we speak with Sunaina Sinha , Global Head of Private Capital Advisory at Raymond James. Prior to joining Raymond James, Sunaina founded Cebile Capital , which was acquired by Raymond James in 2021. She was named one of the 50 Most Influential People in Private Equity for 2 years in a row by Dow Jones Private Equity News. She also earned a spot as one of the Twenty Trailblazing Women in Private Equity in 2023.

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Friday links: upping the ante

Abnormal Returns

Markets Good years in the stock market tend to cluster. (awealthofcommonsense.com) How international stock markets performed in 2024. (novelinvestor.com) Just because the stock market is expensive, doesn't mean you should sell everything. (fa-mag.com) Crypto Memecoins are a way to learn about trading and markets. (howardlindzon.com) Microstrategy ($MSTR) is upping the ante on board pay.

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Growth Themes Drove Performance and Flows in a Record Year for U.S. ETFs

Wealth Management

Active ETFs continued to take a growing share of U.S. ETF inflows, rising to 24.6% in 2024 from 14.6% in 2022.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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2024: It Was (Another) Good Year in the Stock Market

A Wealth of Common Sense

In 2022, it was a bad year for the markets. At the time I wrote about how it was maybe one of the worst years ever when you consider bonds had a bear market at the same time as stocks. Last year I wrote about how 2023 was agood year which was nice because sometimes bad years are followed by bad years. I followed that up writing about how good years in the markets tend to cluster: Well, the S&P 500 was up 25% in 202.

Marketing 124
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Navigating the Aircraft Leasing Landscape in 2025

Wealth Management

This growing alternative asset class focuses on purchasing and leasing aviation assets and can provide diversified and uncorrelated returns.

Assets 287

More Trending

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SEC: California RIA's 'Portfolio Shield' Performance Claim Violated Marketing Rules

Wealth Management

Atlas Financial Advisors falsely claimed Morningstar had verified and validated the hypothetical performance of its proprietary Portfolio Shield strategies,according to the SEC. It is the Commission's latest enforcement action stemming from recently implemented RIA marketing rules.

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Investigating Simple Formulaic Investing

Alpha Architect

Simple, easy-to-implement, systematic formula-based investing can still generate market outperformance, providing investors with efficient exposure to well-documented factor premiums. Investigating Simple Formulaic Investing was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

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Sanctuary Wealth, EverNest Agree to Dismiss Lawsuit

Wealth Management

In an Indiana state court filing this week, the parties agreed to cover their costs. The suit sprang from a dispute over EverNests attempt to buy back a management interest in its firm from Sanctuary.

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ISM® Manufacturing index Increased to 49.3% in December

Calculated Risk

(Posted with permission). The ISM manufacturing index indicated contraction. The PMI was at 49.3% in December, up from 48.4% in November. The employment index was at 45.3%, down from 48.1% the previous month, and the new orders index was at 52.5%, up from 50.4%. From ISM: Manufacturing PMI at 49.3% December 2024 Manufacturing ISM Report On Business Economic activity in the manufacturing sector contracted in December for the ninth consecutive month and the 25th time in the last 26 months, say the

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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WealthStack Roundup: CUBE Completes Acquisition of Thomson Unit

Wealth Management

In addition, an interesting read on understanding large language models and the NCIRP is seeking public comment.

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Buffett Valuation Indicator: December 2024

Advisor Perspectives

With the Q3 GDP third estimate and the December close data, we now have an updated look at the popular "Buffett Indicator" -- the ratio of corporate equities to GDP. The current reading is 207.3%, up from the previous quarter.

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Building Connections with Affluent Women Clients

Wealth Management

Tuesday, March 04, 2025 | 2:30 PM ET

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Reserves at Fed Sink Below $3 Trillion to the Lowest Since 2020

Advisor Perspectives

The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled below $3 trillion to the lowest since October 2020.

Banking 98
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Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?

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Turning Taxes into Opportunities: How Direct Indexing Can Help Drive Value

Wealth Management

Tuesday, February 25, 2025 | 2:00 PM ET

Taxes 238
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The S&P 500, Dow and Nasdaq Since 2000 Highs as of December 2024

Advisor Perspectives

Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the December 2024 close.

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John Thiel’s New RIA Adds First Advisor Team

Wealth Management

Thiel's Indivisible Partners is now liveandhas recruited a former Merrill advisor team, New York-based Woodring I LeRoy Capital Advisors, with about $640 million in client assets.

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ISM Manufacturing Index Contracts for 9th Straight Month

Advisor Perspectives

The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) came in at 49.3 in December, higher than November's 48.4 reading, but keeping the index in contraction territory for the 9th straight month. The manufacturing sector has now contracted for 25 of the past 26 months. The latest reading was better than the forecast of 48.2.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Don’t Fear the Froth. Stay Invested Even If Stocks Are Overvalued

Wealth Management

A correction may seem overdue, but timing it is hard and regular investments pay rich rewards in the long term.

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Market Valuation: Is the Market Still Overvalued?

Advisor Perspectives

Here is a summary of the four market valuation indicators we update on a monthly basis.

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ETF Companies Are Racing to Launch the Next ‘Hot’ Crypto Fund

Wealth Management

Paperwork covering a plethora of newfangled offerings was filed with the Securities and Exchange Commission as 2024 was ending.

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Treasury Yields Snapshot: January 3, 2025

Advisor Perspectives

The yield on the 10-year note ended January 3, 2025 at 4.60%, the 2-year note ended at 4.28%, and the 30-year at 4.82%.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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ETF Companies Are Racing to Launch the Next ‘Hot’ Crypto Fund

Wealth Management

Paperwork covering a plethora of newfangled offerings was filed with the Securities and Exchange Commission as 2024 was ending.

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A 99-Year Perspective on US Markets — Is the Bull Getting Tired?

Advisor Perspectives

Wall Street is forecasting an 8% return in 2025. That’s below the 10.4% average nominal return over the past 99 years, but it is a forecast of even higher highs. Do you believe it? Will “The Bull” keep running this new year, or is it getting tired?

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Don’t Fear the Froth. Stay Invested Even If Stocks Are Overvalued

Wealth Management

A correction may seem overdue, but timing it is hard and regular investments pay rich rewards in the long term.

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Facts Vs Feelings Take 5 – 5 Things To Think About in 2025

Carson Wealth

This week on Take 5, Sonu Varghese, VP, Global Macro Strategist at Carson Group, and Barry Gilbert outline five key themes for 2025, emphasizing long-term investing over market timing. Tune in as they discuss: Expectations of potential market pullbacks The importance of staying invested Avoiding political bias in financial decisions Historical market trends favoring large gains The resilience of U.S. corporations in driving profitability Dont miss it!

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Q-Ratio and Market Valuation: December 2024

Advisor Perspectives

The Q Ratio is the total price of the market divided by the replacement cost of all its companies. The latest Q-ratio is at 1.76, down from 1.85 in November.

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Yes, it is possible to scale an hourly financial planning firm!

Sara Grillo

Mark Berg of Timothy Financial has a great story about how he scaled his hourly financial planning firm, grow it to a multiple-advisor company. Check it out! For those of you who are new to my blog, my name is Sara. I am a CFA charterholder and financial advisor marketing consultant. I have a newsletter in which I talk about financial advisor lead generation topics which is best described as fun and irreverent.

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AI Market Leaders: How Equity Performance Is Evolving among AI Innovators

Advisor Perspectives

The AI market has evolved significantly in the past two years, shifting from a heavy reliance on mega-cap and semiconductor dominance to a more diverse set of beneficiaries.

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The One Factor That Explains the Struggles of Value, International and Small-Cap Stocks | Kai Wu

Validea

In this episode of Excess Returns, we sit down with Kai Wu, founder of Sparkline Capital, for a fascinating discussion about intangible value investing and its global applications. Kai shares his expertise on using machine learning and natural language processing to identify companies rich in intellectual property, brand equity, human capital, and network effects.

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The Future Of Finance: How To Manage Spend The Right Way

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