The Big Picture

SEPTEMBER 27, 2023

Mapped: The Migration of the World’s Millionaires in 2023 Source: Visual Capitalist The post Where’s Everyone Going? appeared first on The Big Picture.

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Abnormal Returns

SEPTEMBER 27, 2023

Podcasts Joe Weisenthal and Tracy Alloway talk with Morgan Housel about how to think about money. (podcasts.apple.com) Christine Benz and Jeff Ptak talk with Michael Santoli about the state of the stock market and economy. (morningstar.com) Home ownership House ownership isn't for everyone. (awealthofcommonsense.com) Why you should keep track of the tax basis of your house.

Estate Planning 278

Estate Planning Taxes Insurance Retirement 278

Nerd's Eye View

SEPTEMBER 27, 2023

When it comes to advising clients on student loan issues, many financial advisors might first think about recent graduates seeking advice regarding the most effective way to pay down their balances. However, the number of Federal student loan borrowers over the age of 50 has increased significantly in the past 20 years, with many of these borrowers holding Parent PLUS loans that were used to help fund their children's undergraduate education.

Education 240

Education Financial Advisor Planning Clients 240

The Reformed Broker

SEPTEMBER 27, 2023

Stocks stage late-day comeback amid September slump from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.

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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 Big Picture

SEPTEMBER 27, 2023

My mid-week morning train reads: • 24 Things I Believe About Investing : Simple beats complex, timing matters less than your holding period, and a good strategy you can stick with is vastly superior to a great one you can’t. ( A Wealth of Common Sense ) • Even a Booming Economy Can’t Save Atlanta’s Office Market : Sunbelt city offers warning to others hoping to fill up office towers. ( Wall Street Journal ) • Private Equity’s Slow Carnage Unleashes a Wave of Zombies : A historic shakeup is thre

Management 148

Management Media Economy Sales 148

Calculated Risk

SEPTEMBER 27, 2023

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 22, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.3 percent on a seasonally adjusted basis from one week earlier.

Accounting 123

Accounting Sales Marketing Marketing 123

Wealth Management

SEPTEMBER 27, 2023

Oil, gas and energy ETFs posted the best returns over the last three years.

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123

Trade Brains

SEPTEMBER 27, 2023

Indian Railways is on a continuous growth path and ranks as the world’s 4th biggest railway network, along with this, the Vandhe Bharat Express is a game-changer for Indian Railways as it aims to modernise Indian Railways by improving connectivity, security, sanitation and speed. But it doesn’t stop there! These trains are not just fuel efficient but also help reduce carbon emissions, making them eco-friendly and promoting sustainable transportation.

Transportation 116

Transportation Numbers Planning Investing 116

Wealth Management

SEPTEMBER 27, 2023

If found guilty, they may be liable for up to $1 billion in back taxes and fines.

Taxes 119

Taxes 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

Advisor Perspectives

SEPTEMBER 27, 2023

A financial crisis, following the 5.50% hike in Fed funds and similar increases in all bond yields, is virtually inevitable.

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Wealth Management

SEPTEMBER 27, 2023

Wealth Enhancement Group SVP Paul Brahim is FPA's president-elect in 2024. He'll succeed Claudia Cypher Kane, who starts her term as president Jan. 1.

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Advisor Perspectives

SEPTEMBER 27, 2023

Too many industry “experts” make value out to be much more elusive and complicated than it is.

Clients 112

Clients 112

Wealth Management

SEPTEMBER 27, 2023

Patrick “Pat” Ricketts and Mindy Helfrich of Vintage Financial Group have more than four decades of total industry experience and have worked together for more than 10 years.

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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

The Irrelevant Investor

SEPTEMBER 27, 2023

September has a long history of disappointing investors. Going back to 1928, it has by far delivered the worst monthly return for investors. And true to form, it’s done so again, with the S&P 500 down nearly 6% on the month. As you can see from the chart below, seasonal weakness tends to occur in the back half of the month, and wouldn’t you know it, that’s what happened this time around.

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Wealth Management

SEPTEMBER 27, 2023

The agreement to buy GM Advisory Group will add more than $6 billion in client assets to the NFP-owned Wealthspire Advisors RIA.

Assets 114

Assets Clients 114

A Wealth of Common Sense

SEPTEMBER 27, 2023

Today’s Animal Spirits is brought to you by YCharts: See here for YCharts latest KPI function, and here for 20% off your initial subscription for new subscribers! On today’s show, we discuss: Are we heading for a recession? Rising rates make big companies even richer S&P US Scorecard You might be paying too much for that index fund Dead NFTs: The evolving landscape of the NFT market House poor is b.

Marketing 98

Marketing Marketing 98

Wealth Management

SEPTEMBER 27, 2023

The bottom line isn’t to predict what will be audited, but to understand that these days, anything could be audited.

Taxes 111

Taxes 111

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

Carson Wealth

SEPTEMBER 27, 2023

By Matt Lewis, CLTC, Vice President, Insurance Life insurance is designed to provide for your loved ones after your death, giving you peace of mind that their financial needs will be met without your income. But life insurance can benefit your financial planning in many other ways. For individuals, a permanent life insurance plan can play a key role in estate planning by helping reduce estate taxes.

Estate Planning 96

Estate Planning Insurance Planning Taxes 96

Wealth Management

SEPTEMBER 27, 2023

A helpful and powerful tool for charitably inclined clients with complex assets.

Assets 110

Assets Clients 110

Advisor Perspectives

SEPTEMBER 27, 2023

It doesn’t seem that difficult. Why don’t more of us follow this advice?

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85

Wealth Management

SEPTEMBER 27, 2023

Son of heiress to Texaco fortune may be liable for penalties for willful nondisclosures.

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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

Random Roger's Retirement Planning

SEPTEMBER 27, 2023

We've actually talked about this concept quite a few times but that name is new to me. The initial focus of this post is pointed more to advisors but there is utility here to individual investors too. Line item risk refers to when a person (client) focuses in on the one or two things in the portfolio that are doing poorly. It's human nature but depending on the holding in question, this sort of focus can be very unproductive and is a good chance for the advisor to increase clients' understanding

Portfolio 75

Portfolio Clients Accounting Numbers 75

Wealth Management

SEPTEMBER 27, 2023

Open, honest and candid discussions about the latest news in the RPA industry.

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Advisor Perspectives

SEPTEMBER 27, 2023

China’s goal of self-reliance will certainly rely on innovation. Right now, the second-largest economy sits firmly atop the list of the World Intellectual Property Organization (WIPO) when it comes to innovation on a global scale.

Economy 75

Economy 75

Wealth Management

SEPTEMBER 27, 2023

One of the many benefits of having a private foundation is that it lives in perpetuity, creating numerous opportunities for advisory professionals to offer support and guidance to their HNW clients at key intersections along the journey.

Clients 75

Clients 75

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

Calculated Risk

SEPTEMBER 27, 2023

Two key points: 1) There is a clear seasonal pattern for house prices. 2) The surge in distressed sales during the housing bust distorted the seasonal pattern. This was because distressed sales (at lower price points) happened at a steady rate all year, while regular sales followed the normal seasonal pattern. This made for larger swings in the seasonal factor during the housing bust.

Sales 72

Sales 72

Advisor Perspectives

SEPTEMBER 27, 2023

Successful marketing is not exclusive to extroverted advisors. When introverts leverage their unique strengths, they will find a different path to achieving success.

Marketing 69

Marketing Marketing 69

Calculated Risk

SEPTEMBER 27, 2023

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 206 thousand initial claims, up from 201 thousand last week. • Also at 8:30 AM, Gross Domestic Product, 2nd Quarter 2023 (Third Estimate), and Corporate Profits (Revised) The consensus is that real GDP increased 2.2% annualized in Q2, up from the second estimate of 2.1%.

Sales 69

Sales Accounting Education Manufacturing 69