The Big Picture

DECEMBER 18, 2024

@TBPInvictus here Our story so far : California has been raising its minimum wage for the past decade, starting at $8/hour through 2013. Many fast food workers (specifically) got bumped to $20/hour, from $16, in April (the law is very specific about who is eligible for the increase). Over that decade, with its minimum wage rising, California’s fast food industry has bested the rest of the US by leaps and bounds.

Food 260

Food Math Numbers Economics 260

Nerd's Eye View

DECEMBER 18, 2024

Maintaining adequate books and records is a cornerstone of compliance for all investment advisers. While state and Federal regulations clearly outline recordkeeping requirements for areas like financials, advertisements, and trading records, there is a notable gap when it comes to documenting the delivery of services – especially financial planning services – necessary to justify the fees charged for those services.

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Financial Planning Planning Compliance Advertising 130

Abnormal Returns

DECEMBER 18, 2024

Podcasts Peter Lazaroff talks stock options with Ally Jane Ayers, co-founder of Brooklyn FI and host of The Liquidity Event podcast. (peterlazaroff.com) Christine Benz talks money scripts with Brad Klontz, co-author of "Start Thinking Rich: 21 Harsh Truths to Take You from Broke to Financial Freedom." (morningstar.com) Katie Gatti Tassin talks with Ramit Sethi author of "Money for Couples: No More Stress.

Retirement Planning 130

Retirement Planning Retirement Valuation Insurance 130

Wealth Management

DECEMBER 18, 2024

The deal with Gordon Asset Management is part of the RIAs Summit Growth Partnersinitiative and represents its 18th strategic investment this year.

Assets 99

Assets Management Investing Investments 99

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

Calculated Risk

DECEMBER 18, 2024

Today, in the Calculated Risk Real Estate Newsletter: Housing Starts Decreased to 1.289 million Annual Rate in November A brief excerpt: Total housing starts in November were below expectations, however, starts in September and October were revised up slightly, combined. The third graph shows the month-to-month comparison for total starts between 2023 (blue) and 2024 (red).

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Diamond Consultants

DECEMBER 18, 2024

Whats the reality when it comes to recruiting and transitions? An annual perspective for advisors. In nearly 30 years of counseling advisors, weve seen and heard it allespecially when it comes to the sensitive issue of transitions. There is so much information out there and so many varying and often conflicting perspectives that an advisor might rightfully feel paralyzed by indecision, uncertainty, and data overload.

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Recruitment Retirement Assets Education 52

Wealth Management

DECEMBER 18, 2024

The two firms share office space and opted to move jointly. This is the latest of several teams to move from Osaic to Commonwealth this year.

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Calculated Risk

DECEMBER 18, 2024

Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET. FOMC Statement: Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated.

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Economics Accounting Marketing Marketing 59

Wealth Management

DECEMBER 18, 2024

For investors sitting on large equity portfolio gains, 2025 should be a year to diversify their portfolios with a focus on income.

Assets 73

Assets Portfolio Marketing Marketing 73

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

Validea

DECEMBER 18, 2024

Benjamin Graham, the father of value investing, crafted a disciplined framework for discovering stocks trading below their true worth. Building on Graham’s foundational principles, Validea developed a systematic approach that emphasizes companies with proven financial health rather than those promising speculative returns. The strategy evaluates potential investments through several key lenses: First, companies must demonstrate fundamental strength.

Valuation 52

Valuation Portfolio Investing Investments 52

Wealth Management

DECEMBER 18, 2024

Zephyr Market Strategist Ryan Nauman shares his favorite clips from Adjusted for Risk podcast episodes over the past year.

Marketing 73

Marketing Marketing 73

Calculated Risk

DECEMBER 18, 2024

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: ABI November 2024: Architecture firm billings remain flat Despite the AIA/Deltek Architecture Billings Index (ABI) score dipping slightly below 50 for the month , it remains close enough to that threshold to indicate that the share of firms that reported declining billings was essentially the same as the share that reported increasing billings.

Investing 71

Investing Investments Economics Numbers 71

Wealth Management

DECEMBER 18, 2024

RFG Advisory's Shannon Spotswood and Abby Salameh share effective strategies for driving organic growth and tips for fostering a thriving firm culture and community.

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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.

Accounting

Advisor Perspectives

DECEMBER 18, 2024

Alphabet Inc.’s Google has reanimated excitement over quantum computing with an announcement about how its new chip, Willow, trounced a classical computer to solve a mathematical equation much faster.

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Wealth Management

DECEMBER 18, 2024

Shaping Wealth founder Brian Portnoy discusses the concept of augmented humanitythe idea that technology doesnt replace us but enhances our brilliance and creativity.

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Calculated Risk

DECEMBER 18, 2024

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending December 13, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 0.7 percent on a seasonally adjusted basis from one week earlier.

Economy 59

Economy Marketing Marketing 59

Wealth Management

DECEMBER 18, 2024

The Anenberg and McDougall decisions have broad implications for estate planning.

Estate Planning 63

Estate Planning Planning 63

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

Numbers

Random Roger's Retirement Planning

DECEMBER 18, 2024

Someone on Bloomberg TV said something to the effect that today was Jerome Powell's worst performance in a post-FOMC press conference in his tenure. About the only thing that did well after the last hour carnage were first responder defensives like tail risk, inverse funds and VIX products. For what it's worth, the Alpha Architect Tail Risk ETF (CAOS) was up today.

Taxes 52

Taxes Portfolio Accounting Marketing 52

Wealth Management

DECEMBER 18, 2024

Financial therapy can aid next gen clients address all their initial and ongoing worries and is essential to winning and maintaining their business long-term.

Clients 56

Clients 56

Advisor Perspectives

DECEMBER 18, 2024

Bitcoin's closing price climbed above the $100,000 level. BTC is currently up ~140% year-to-date. Here are the latest charts on three of the largest cryptocurrencies by market share through 12/17/24.

Marketing 52

Marketing Marketing 52

Wealth Management

DECEMBER 18, 2024

Have you been keeping up with the latest developments in trusts and estates law? Take this quiz to find out what youve learned by reading the 2024 articles in Trusts & Estates.

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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.

Planning

Advisor Perspectives

DECEMBER 18, 2024

The Census Bureau's Advance Retail Sales Report for November revealed headline sales were up 0.7% last month. The latest reading was higher than the expected 0.6% monthly growth in consumer spending.

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Retail Sales 52

Wealth Management

DECEMBER 18, 2024

Open, honest and candid discussion about Gallager acquiring Assured Partners, Vanguards new wealth unit, back to the office productivity and more.

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Advisor Perspectives

DECEMBER 18, 2024

I don’t have the ability to say what is the best for any given situation because every situation is different. I can, however, answer your question about why people are pushing back on the full-time return to the office.

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Wealth Management

DECEMBER 18, 2024

In the Wealth Management Invest Podcast, Partners Group's Robert Collins explores the shift from public to private markets and its significance for investors.

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Wealth Management Investing Investments Management 56

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!

Management

Advisor Perspectives

DECEMBER 18, 2024

Regardless of which specific aspect of their business they want to improve, these assessments can deliver to an advisor the ultimate gift: more available time in their day.

Planning 52

Planning 52

Wealth Management

DECEMBER 18, 2024

The proposed changes didnt shift the beneficial interest or extend the vesting period under the original trust.

Taxes 56

Taxes 56

Advisor Perspectives

DECEMBER 18, 2024

Meet the new stock pickers. They will remind you of the old stock pickers.

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