Abnormal Returns
MARCH 7, 2024
Markets Apple, Google and Tesla are underperforming. (allstarcharts.com) How much BBB-rated debt does your corporate bond fund own? (morningstar.com) Finance Just how risky is the prime brokerage business? (ft.com) Robinhood ($HOOD) has hired Klutch Sports to help with marketing. (sportico.com) Apple Why Apple ($AAPL) cut bait on its car efforts. (bloomberg.com) The Apple ($AAPL) Car is not a total write-off.
Nerd's Eye View
MARCH 7, 2024
For many financial advisors, the traditional way of doing business has generally been based on a transaction-based service model involving functional solutions to clients' practical problems. In more recent years, though, advisors have begun to focus on developing stronger and more meaningful relationships, recognizing the advantage of better understanding clients' values and priorities when it comes to solving for their long-term goals.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abnormal Returns
MARCH 7, 2024
Books An excerpt from "The Trading Game: A Confession" by Gary Stevenson. (nymag.com) Hannah Rosin talks with Kara Swisher about her new book "Burn Book." (youtube.com) An excerpt from "Means of Control: How the Hidden Alliance of Tech and Government Is Creating a New American Surveillance State" by Byron Tau. (wired.com) An excerpt from “This American Ex-Wife: How I Ended My Marriage and Started My Life,” by Lyz Lenz.
Carson Wealth
MARCH 7, 2024
By Jake Anderson, CFP ® , Wealth Planner When helping clients begin retirement planning, the same questions often arise: What should my retirement plan look like? How much should I be saving? Although there are some basic guidelines, your financial life is as unique as your fingerprint. Your lifestyle, goals, family situation, and risk tolerance will give a unique signature to your retirement plan.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Abnormal Returns
MARCH 7, 2024
Autos Europe is cracking down on the use of touchscreens. (theverge.com) Rivian ($RIVN) is planning a smaller SUV, the R2. (wired.com) What it's like to charge a Ford ($F) Mach-E at a Tesla ($TSLA) Supercharger. (wsj.com) Where in the U.S. EVs are (and are not) popular. (nytimes.com) Energy America needs more power. (msn.com) Utilities have a wildfire problem.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Calculated Risk
MARCH 7, 2024
From Manheim Consulting today: Wholesale Used-Vehicle Prices Declined in February Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were down in February compared to January. The Manheim Used Vehicle Value Index (MUVVI) fell to 203.8, a decline of 13.1% from a year ago. The index was down 0.1% against the month of January 2024.
A Wealth of Common Sense
MARCH 7, 2024
A reader asks: I don’t recall any questions being asked on the benefits of gold investing. Gold has increased by around 7% a year for the past 10 years but it’s never mentioned on any of The Compound shows as a good investment. It is not better than holding cash as cash purchasing power will go down as inflation goes up whereas gold will at least keep up?
Wealth Management
MARCH 7, 2024
Alan Moore says XYPN’s new corporate RIA ‘Sapphire’ will be easy to join, and easy to leave. “I never wanted to build a platform that used handcuffs and scare tactics to keep people.
Random Roger's Retirement Planning
MARCH 7, 2024
If you ask most market participants, I think they'd say they are "long term" investors but what does long term mean? There are of course many definitions. For me, I tend to hold for many many years. Quite a few client holdings have been in the portfolio for more than 15 years. Have you ever heard/read something like, if you'd put $1000 into some stock 25 years ago and just held it, you'd have some huge dollar amount today?
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.
Wealth Management
MARCH 7, 2024
The advocacy group for advisors argued the rule is overly broad. In contrast, the outgoing director of the SEC's Investment Management Division said the degree of risk in AI’s proliferation is “obvious.
MainStreet Financial Planning
MARCH 7, 2024
February’s Chalk Talk on the State of the Insurance Industry included the subheading “Will My Insurance Company Cancel My Homeowners Policy” which was the real meat of our Chalk Talk and also what many attendees are concerned about when it comes to home insurance. We’ve heard about insurance companies eliminating coverage in wildfire-prone areas, exiting the state and other insurance companies that limit, drop or no longer sell new policies to homeowners.
Wealth Management
MARCH 7, 2024
In the Advisor Transition Report’s companion podcast episode, Louis and Jason Diamond explore the key takeaways and their anticipated influence on activity during 2024 and beyond.
Calculated Risk
MARCH 7, 2024
The Federal Reserve released the Q4 2023 Flow of Funds report today: Financial Accounts of the United States. The net worth of households and nonprofits rose to $156.2 trillion during the fourth quarter of 2023. The value of directly and indirectly held corporate equities increased $4.7 trillion and the value of real estate decreased $0.6 trillion. Household debt increased 2.4 percent at an annual rate in the fourth quarter of 2023.
Advertisement
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.
Wealth Management
MARCH 7, 2024
The T3 Bitcoin Volatility Index, which uses options prices to give a sense of expected 30-day swings in the token, has jumped to the highest level since the aftermath of the collapse of FTX.
The Irrelevant Investor
MARCH 7, 2024
Today’s Compound and Friends is brought to you by The Tema Cardiovascular and Metabolic HRTS ETF: See here for more information on investing in companies leading the charge against heart disease, diabetes, and obesity. On today’s show, we discuss: A quarter of Robinhoods trading volume often comes after-hours Robinhood logs $10B in overnight trading volume since May launch Number of Bitcoin purchased.
Wealth Management
MARCH 7, 2024
Created last year, the self-described digital family office has dramatically overshot recruitment goals with spate of Empower expats.
Calculated Risk
MARCH 7, 2024
The DOL reported : In the week ending March 2, the advance figure for seasonally adjusted initial claims was 217,000 , unchanged from the previous week's revised level. The previous week's level was revised up by 2,000 from 215,000 to 217,000. The 4-week moving average was 212,250, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 212,500 to 213,000. emphasis added The following graph shows the 4-week moving average of weekly claim
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
Wealth Management
MARCH 7, 2024
Salameh, the Wealthies' CMO of the Year in 2023, will serve as chief growth officer at the hybrid RIA platform.
Advisor Perspectives
MARCH 7, 2024
In the week ending March 2, initial jobless claims were at a seasonally adjusted level of 217,000, unchanged from the previous week's revised figure. The latest reading is consistent with the forecast.
Wealth Management
MARCH 7, 2024
The combined RIA will operate under the Security Financial Management name and serve clients from five Florida locations.
Calculated Risk
MARCH 7, 2024
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET,: Employment Report for February. The consensus is for 188,000 jobs added, and for the unemployment rate to be unchanged at 3.7%.
Advertisement
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.
Wealth Management
MARCH 7, 2024
While AI will prove a boon to advisors in many ways, fraudsters and scammers will make the most of it, too.
Calculated Risk
MARCH 7, 2024
On Friday at 8:30 AM ET, the BLS will release the employment report for February. The consensus is for 188,000 jobs added, and for the unemployment rate to be unchanged at 3.7%. There were 353,000 jobs added in January, and the unemployment rate was at 3.7%. From Goldman Sachs economist Spencer Hill We estimate nonfarm payrolls rose by 215k in February—somewhat above consensus of +200k but well below the +353k pace in January.
Wealth Management
MARCH 7, 2024
Cornerstone Advisors, a Baxter, Minn.-based team with about $360 million in client assets, joins from Cetera Investment Advisors.
Calculated Risk
MARCH 7, 2024
Today, in the Real Estate Newsletter: The "Home ATM" Closed in Q4 Excerpt: During the housing bubble, many homeowners borrowed heavily against their perceived home equity - jokingly calling it the “Home ATM” - and this contributed to the subsequent housing bust, since so many homeowners had negative equity in their homes when house prices declined. Note: Very few homeowners have negative equity now - unlike during the housing bubble.
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!
Wealth Management
MARCH 7, 2024
The partnership will give Orion clients access to CAIS Solutions, enabling management of alternative investments.
Advisor Perspectives
MARCH 7, 2024
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 January, the trade deficit expanded by 5.1% to $67.43B. The latest reading was worse than the forecast of $63.40B.
Wealth Management
MARCH 7, 2024
The regulator continues its focus on AI and off-channel and public-facing communications.
Expert insights. Personalized for you.
262 
Let's personalize your content