Abnormal Returns

JULY 1, 2024

Podcasts Amy Arnott and Christine Benz talk with Don Graves and Wade Pfau about the role of home equity in retirement planning. (morningstar.com) Frazer Rice talks with Justin Elliott of ProPublica about how a $5 billion Roth IRA came to be. (frazerrice.com) The biz How Altruist makes money. (blog.altruist.com) After splitting with Sanctuary Wealth, Jim Dickson has co-founded Elevation Point, an RIA platform services business and investor.

Retirement 197

Retirement Retirement Planning Startup Planning 197

Nerd's Eye View

JULY 1, 2024

Welcome to the July 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that AI meeting support solution Jump has raised $4.6 million in venture capital, as meeting support has increasingly shown itself as a leading use case for AI as it applies to financial advisors given the s

Financial Advisor 186

Financial Advisor Clients Accounting Education 186

Abnormal Returns

JULY 1, 2024

Markets How major asset classes performed in June 2024. (capitalspectator.com) Large caps trounced mid and small-caps in June 2024. (on.spdji.com) Momentum leads the factor race in 2024 YTD. (insights.finominal.com) Trading 24-hour stock trading is gaining popularity. (bloomberg.com) Why single-stock oDTE could be next in line to take off. (barrons.com) Robinhood ($HOOD) is buying the AI-research platform Pluto Capital Inc.

Financial Advising 173

Financial Advising Media Retirement Assets 173

Carson Wealth

JULY 1, 2024

Why a Good First Half for Stocks Bodes Well for the Second Half “Never put off till tomorrow what you can do the day after tomorrow.” — Mark Twain The S&P 500 finished the first half of the year with a 14.5% gain, 15.3% if you include dividends. A good first half historically has typically been followed by an above-average second half. The number of new all-time highs in the first half, the second best of the millennium, also signals a greater likelihood of above-average second half returns.

Marketing 138

Marketing Marketing Numbers Compliance 138

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Banking

Calculated Risk

JULY 1, 2024

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 Q4 2023 (released this morning).

Distribution 108

Distribution 108

Calculated Risk

JULY 1, 2024

Altos reports that active single-family inventory was up 1.8% week-over-week. Inventory is now up 30.7% from the February seasonal bottom, and at the highest level since July 2020. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of June 28th, inventory was at 646 thousand (7-day average), compared to 634 thousand the prior week.

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Darrow Wealth Management

JULY 1, 2024

The 2017 Tax Cuts and Jobs Act (TCJA) brought sweeping changes to the tax code, impacting every taxpayer and business owner. The TCJA has many provisions that are set to expire (sunset) at the end of 2025. At that point, many provisions will revert to 2017 levels, adjusted for inflation. Although a number of these provisions will negatively impact taxpayers starting in 2026, there a few changes that will be positive.

Taxes 84

Taxes Tax Planning Planning Estate Planning 84

Wealth Management

JULY 1, 2024

Father and daughter James and Amanda Zack launch The Zack Wealth Group at Linsco, LPL’s employee advisor division.

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Calculated Risk

JULY 1, 2024

From the Census Bureau reported that overall construction spending decreased: Construction spending during May 2024 was estimated at a seasonally adjusted annual rate of $2,139.8 billion, 0.1 percent below the revised April estimate of $2,142.1 billion. The May figure is 6.4 percent above the May 2023 estimate of $2,011.8 billion. emphasis added Private spending decreased and public spending increased: Spending on private construction was at a seasonally adjusted annual rate of $1,652.1 billion,

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Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Financial Advice

Wealth Management

JULY 1, 2024

The artificial intelligence research platform is best known for its AI-driven personalized investment advice and real-time analytics. The terms of the deal weren’t made public.

Investing 75

Investing Investments 75

Financial Symmetry

JULY 1, 2024

What if you had a magic app that told you how much of your net worth you never got to spend at the end of your retirement? The trouble with planning for retirement is all the uncertainty, however, proper planning … Continued The post Could You Be Spending More in Retirement? Ep #219 appeared first on Financial Symmetry, Inc.

Retirement 64

Retirement Planning 64

Wealth Management

JULY 1, 2024

Last week, the Court ruled that the commission’s use of in-house administrative law judges violated the Constitution’s guarantee of a jury trial in certain cases. That may change the landscape for financial advisors defending themselves against SEC charges and civil penalties.

Financial Advisor 75

Financial Advisor 75

Calculated Risk

JULY 1, 2024

From Matthew Graham at Mortgage News Daily: Mortgage Rates Near Highest Levels in More Than a Month Mortgage rates continued their frustrating and somewhat perplexing move higher today, thus bringing the average lender close to the highest levels since the end of May. Rising rates are always frustrating for those the housing/mortgage markets and prospective borrowers, but an ebb and flow is a way of life.

Sales 59

Sales Economics Banking Marketing 59

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Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.

Banking

Wealth Management

JULY 1, 2024

Starfox Financial Services represents Wealth Enhancement Group's sixth location in Texas, bringing its total assets to over $85 billion.

Financial Services 82

Financial Services Assets 82

Advisor Perspectives

JULY 1, 2024

Seven of the eight indexes on our world watch list have posted gains through the first half of 2024. Tokyo's Nikkei 225 led the way with a YTD gain of 18.28%. The U.S.'s S&P 500 finished in second with a YTD gain of 15.13% while India's BSE SENSEX finished in third with a YTD gain of 9.93%.

Marketing 59

Marketing Marketing 59

Wealth Management

JULY 1, 2024

The acquisition deepens BlackRock’s ability to oversee risks and analyze data across fast-growing markets for private assets.

Assets 74

Assets Marketing Marketing 74

Advisor Perspectives

JULY 1, 2024

Based on the June S&P 500 average of daily closes, the Crestmont P/E of 38.5 is 156% above its arithmetic mean, 178% above its geometric mean, and is at the 99th percentile of this 14-plus-decade series.

Valuation 59

Valuation Marketing Marketing 59

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

Financial Planning

Wealth Management

JULY 1, 2024

Peace of mind comes with knowledge and networking for husband and wife team.

Clients 86

Clients 86

Advisor Perspectives

JULY 1, 2024

The giant federal debt we’ve been talking about isn’t just borrowed money. It is also lent money. Loans are two-party transactions. One side receives temporary use of cash which it agrees to repay with interest. The other gives up the current use of that cash in exchange for receiving interest. Ideally, it works out for both… but not always.

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A Wealth of Common Sense

JULY 1, 2024

Today’s Talk Your Book is brought to you by J.P. Morgan Asset Management: On today’s show, we discuss: Why investors may want to diversify out of high-flying stocks What a capped upside means for investors How J.P. Morgan constructs its actively-hedged income strategy How J.P. Morgan constructs its option strategy over the index Why limiting market outcomes can improve investor experience How advisors are ut.

Investing 53

Investing Investments Assets Management 53

Advisor Perspectives

JULY 1, 2024

Shares of the largest US companies are moving wildly out of sync, creating a sense of calm in the S&P 500 Index not seen in years. But it’s a different story when it comes to the rest of the market.

Marketing 59

Marketing Marketing 59

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Creating a winning digital lending experience requires plenty of focus on the needs of customers and more. Biz2X Chief Product Officer Aaron Traub covers everything from how to create such an experience, areas to hone in on, pitfalls to avoid, and plenty more in this insightful article. Discover how to utilize new technology without alienating existing customers, what to emphasize when working on your platform, and how to utilize the data at your disposal while not becoming overly reliant on it.

Communication

Trade Brains

JULY 1, 2024

Integra Essentia: The morning chai that warms our soul, the rice in our pantry, the comfortable clothes we wear everything seems ordinary, but behind them lies a silent symphony, organised by companies like Integra Essentia. Integra Essentia Ltd isn’t just a name, it’s the essence of life’s vital threads woven together. From ensuring the food which nourishes us, to supplying the blocks for infrastructure that connects us, they act as an invisible hand ensuring our lives run smoothly.

Food 52

Food Portfolio Manufacturing Marketing 52

Advisor Perspectives

JULY 1, 2024

BlackRock Inc. will acquire private capital database provider Preqin for £2.55 billion ($3.2 billion) in cash, as the world’s largest money manager accelerates its push to become a major player in alternative assets.

Assets 59

Assets Management 59

Random Roger's Retirement Planning

JULY 1, 2024

We've talked before about the various model portfolios that ReturnStacked ETFs maintains. One of the simpler ones has 20% equal weights to five different funds. It's simple because of the five funds and the equal weight but it is actually very complex for what the funds do. It benchmarks to the iShares Core Growth Allocation ETF (AOR) which is a 60/40 fund.

Portfolio 52

Portfolio Management Assets Taxes 52

Advisor Perspectives

JULY 1, 2024

The June S&P Global US Manufacturing PMI™ inched up to 51.6 from 51.3 in May, indicating a modest improvement in business conditions. The latest reading was just below the forecasted reading of 51.7.

Manufacturing 59

Manufacturing 59

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

Management

Cornerstone Financial Advisory

JULY 1, 2024

Weekly Market Insights: Mixed Message From Fed Chair, Governor Presented by Cornerstone Financial Advisory, LLC Stocks finished the last week of June and Q2 mixed as investors digested a fresh round of economic data. The Standard & Poor’s 500 Index slipped 0.08%, while the Dow Jones Industrial Average also dipped 0.08 percent. The tech-heavy Nasdaq Composite gained 0.24 percent.

Marketing 52

Marketing Marketing Economics Taxes 52

Advisor Perspectives

JULY 1, 2024

The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) fell to 48.5 in June from 48.7 in May. The latest figures keeps the index in contraction territory for a third straight month. The index has now contracted for 19 of the past 20 months. The June reading was below the forecast of 49.2.

Manufacturing 59

Manufacturing Management 59

Alpha Architect

JULY 1, 2024

Do-It-Yourself trend-following asset allocation weights for the Robust Asset Allocation Index are posted here. (Note: free registration required) Request a free account here if you want to access the site directly. If you are an advisor and want help implementing our models, please get in touch with Ryan Kirlin. Our Advisor portal is available here. [.

Asset Allocation 52

Asset Allocation Assets Accounting 52