Nerd's Eye View

OCTOBER 3, 2023

Welcome back to the 353rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brett Danko. Brett is the Founder of Brett Danko Educational Center, a CFP Board Education and Exam Prep provider, and the CEO and Managing Partner for Main Street Financial Solutions, an independent RIA based in Newtown, Pennsylvania, that oversees almost $2 billion in assets under management for nearly 1,700 client households.

Certified Financial Planner 240

Certified Financial Planner CFP Education Financial Advisor 240

Abnormal Returns

OCTOBER 3, 2023

Rates By this measure, the term premium is now positive. (axios.com) Why bonds are once again a viable investment option. (morningstar.com) Why interest rates have been rising. (advisorperspectives.com) Stock market The stock market is a complicated place. (theirrelevantinvestor.com) You are unlikely to predict what might bring the stock down in the future.

Startup 203

Startup Financial Advising Media Retail 203

The Reformed Broker

OCTOBER 3, 2023

Interest rates are rising because economic growth is better than expected, says Cerity’s Lebenthal from CNBC Final Trades: Starbucks, Cisco & more from CNBC

Economics 152

Economics 152

Abnormal Returns

OCTOBER 3, 2023

Behavior Why the pace of underperformance affects decision making. (klementoninvesting.substack.com) Investor expectations overshoot. (papers.ssrn.com) Operations How return stacking works. (returnstacked.com) How to box spreads work? The story behind the Alpha Architect 1-3 Month Box ETF ($BOXX). (moontowermeta.com) Research Has the introduction of ETFs been a net boon for investors?

Assets 147

Assets 147

Advertisement

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.

Accounting

The Reformed Broker

OCTOBER 3, 2023

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Rising Rates Hurt – “Investors fear unsustainably high interest rates will spark bank-loan defaults” ►Utilities Crash – Utilities are underperforming the S&P 500 32% YTD.

Banking 152

Banking Investments Investing Marketing 152

A Wealth of Common Sense

OCTOBER 3, 2023

Over the past few months, there has been a swift re-rating in longer-term bond yields. The 10 year treasury is now yielding around 4.8%, up from a low of 3.3% as recently as April. It was yielding 3.7% in July. Many pundits believe the bond market is only now waking up to the potential of a higher-for-longer interest rate regime caused by strong labor markets, a resilient economy, higher-than-expected inflation and Fed po.

Marketing 133

Marketing Marketing Economy 133

Calculated Risk

OCTOBER 3, 2023

Here is another monthly update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16th. I've now switched to a new physically-delivered Lumber Futures contract that was started in August 2022. Unfortunately, this impacts long term price comparisons since the new contract was priced about 24% higher than the old random length contract for the period both contracts were available.

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Wealth Management

OCTOBER 3, 2023

Here are some best practices to help your client manage their newfound wealth responsibly.

Clients 126

Clients Client Management Management 126

Advisor Perspectives

OCTOBER 3, 2023

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

Valuation 119

Valuation Marketing Marketing 119

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

Wealth Management

OCTOBER 3, 2023

Creative Planning announces its first acquisition since it agreed to buy Goldman Sachs' Personal Financial Management business.

Planning 126

Planning Management 126

Calculated Risk

OCTOBER 3, 2023

Today, in the Calculated Risk Real Estate Newsletter: FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores A brief excerpt: Here are some graphs on outstanding mortgages by interest rate, the average mortgage interest rate, borrowers’ credit scores and current loan-to-value (LTV) from the FHFA’s National Mortgage Database through Q2 2023 (released last Friday).

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Wealth Management

OCTOBER 3, 2023

Justin Maher agreed to a 12-month suspension for not informing Northwestern Mutual of his involvement in co-founding a crypto asset eventually promoted by Kim Kardashian, Paul Pierce, Floyd Mayweather Jr. and other celebrities.

Assets 122

Assets 122

Advisor Perspectives

OCTOBER 3, 2023

Many Americans believe that Gen Z is financially illiterate and uninformed. But the story is not that simple.

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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

Wealth Management

OCTOBER 3, 2023

After more than 40 years in business, another broker/dealer network updates its brand. The firm also hired Rob Engle as its new chief revenue officer.

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Advisor Perspectives

OCTOBER 3, 2023

I always talk about how powerful social media is. Let me tell a story that proves it.

Media 98

Media 98

Wealth Management

OCTOBER 3, 2023

U.S. life insurers are likely to avoid fallout from their exposure to the commercial real estate sector, according to a new Fitch Ratings report. Investor requests for withdrawals from Blackstone Real Estate Income Trust have slowed down in recent months, reported Bloomberg. These are among today’s must reads from around the commercial real estate industry.

Insurance 119

Insurance 119

Clever Girl Finance

OCTOBER 3, 2023

Have you ever wondered about what to do instead of watching TV? When the working day is over, you may find yourself reaching for the remote control. Television consumption usually doesn’t require much cognitive effort and it’s a way of shutting down while trying to relax. Keep reading to learn more! Table of contents Revealed: What over-consuming TV does to your brain 26 Fun and productive ideas of what to do instead of watching TV Expert tip: Start monitoring how much TV you watch How do I sto

Education 98

Education Budgeting Investing Investments 98

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

Wealth Management

OCTOBER 3, 2023

It’s commonplace now for investors to sell their stakes in buyout funds before the vehicle matures. But with better risk management, they shouldn’t need to.

Risk Management 117

Risk Management Management 117

Integrity Financial Planning

OCTOBER 3, 2023

Transforming a distributor or reseller into a valuable company may seem like a daunting task. Distributors are usually not worth very much, because an acquirer reasons that without a point of differentiation, a distributor is vulnerable to a price war. Rather than acquire a target company, a savvy potential acquirer of a distributor could temporarily lower their price for whatever is being distributed and woo most of the target company’s customers without acquiring the company.

Distribution 97

Distribution License Financial Planning Planning 97

Wealth Management

OCTOBER 3, 2023

Katherine Krantz, the CEO at Center for the Macro Specialist Designation, explains why financial advisors should use macro data and events when building investment portfolios.

Investments 116

Investments Investing Financial Advisor Portfolio 116

Million Dollar Round Table (MDRT)

OCTOBER 3, 2023

By Julianne Hertel, CLU, ChFC As financial advisors and life insurance agents, we love helping our clients. Yet, if our clients are put off by some of the phrases or terminology we use, then it can become an obstacle. Fortunately, there are different words we can use. Language matters. When we change our words with clients, we can make the financial planning experience better for them and change their expectations when we take them on a journey to reaching their dreams.

Clients 90

Clients Financial Advisor Financial Planning Insurance 90

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

Wealth Management

OCTOBER 3, 2023

The news of employees being let go at the Chicago-based firm follows reports last week that Orion and advisor tech firm Envestnet also faced layoffs.

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MainStreet Financial Planning

OCTOBER 3, 2023

“MainStreet Chalk Talk” The MainStreet Financial Planning Discussion Club When: Tuesday 10-17-23 at 7:30pm Eastern; 4:30pm Pacific ~30-45 minutes Recorded and able to retrieve for one week How : Zoom Meeting Free for current clients, $10 for guests Register Here! Real Estate Investing & Taxes Hosted by: Vida Jatulis , CFP® Guest Speaker : Robert Colon, EA, CFP®, CWS®, CRPC®, Please join MainStreet Financial Planner Vida Jatulis, CFP® and her guest Robert Colon, EA, CFP® for a conversation ab

Taxes 88

Taxes Investments Investing CFP 88

Wealth Management

OCTOBER 3, 2023

The commercial real estate investment market has become much more globalized in recent years. Here’s how investors can keep track of the performance of non-listed real estate vehicles across multiple continents.

Investments 116

Investments Investing Marketing Marketing 116

The Irrelevant Investor

OCTOBER 3, 2023

Today’s Animal Spirits is brought to you by Nuveen and Kaplan Schweser: See here for more information on investing with Nuveen See here to save 10% on Schweser CFA exam prep materials On today’s show, we discuss: The worlds priciest stock market Why a US recession is still likely – and coming soon Only richest 20% of Americans still have excess pandemic savings Americans are still spending like there&#821.

Investments 87

Investments Investing Marketing Marketing 87

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

OCTOBER 3, 2023

The T. Rowe OHA Select Private Credit Fund, or OCREDIT, already has $1.5 billion of investible capital.

Marketing 114

Marketing Marketing Investments Investing 114

Calculated Risk

OCTOBER 3, 2023

From the BLS: Job Openings and Labor Turnover Summary The number of job openings increased to 9.6 million on the last business day of August , the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires and total separations changed little at 5.9 million and 5.7 million, respectively. Within separations, quits (3.6 million) and layoffs and discharges (1.7 million) changed little. emphasis added The following graph shows job openings (black line), hires (dark blue), La

Numbers 80

Numbers Economy Marketing Marketing 80

Wealth Management

OCTOBER 3, 2023

AI Reshaping Industries: Parnassus Investment Outlook

Investments 110

Investments Investing 110