Nerd's Eye View
NOVEMBER 18, 2024
In recent years, AI has become an increasingly common feature in advisor technology. The possibilities at the intersection of AI and financial advice are exciting – faster processes, better connections, less time on ‘busy work’ – but also come with uncertainty about the future of the field. What might the field of financial advice even look like in 10 years?
The Big Picture
NOVEMBER 18, 2024
Well, that was a lot more fun than I expected! I submitted the final manuscript for my new book, How Not to Invest , last week. The final edit will involve some back-and-forth, but the writing is finished. I recall “ Bailout Nation ” as more of a slog, in part because so much of it happened in real-time. I constantly rewrote entire chapters as various companies blew up.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Calculated Risk
NOVEMBER 18, 2024
From the MBA: Share of Mortgage Loans in Forbearance Increases to 0.47% in October The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.47% as of October 31, 2024. According to MBA’s estimate, 235,000 homeowners are in forbearance plans. Mortgage servicers have provided forbearance to approximately 8.4 million borrowers since March 2020.
Abnormal Returns
NOVEMBER 18, 2024
Podcasts Daniel Crosby talks with Christina Lynn about Motivational Interviewing in order to enhance the work of wealth advisors. (standarddeviationspod.com) Brendan Frazier talks with Doug and Heather Boneparth about the keys to success for a couple. (podcasts.apple.com) Bogumil Baranowski talks with Justin Castelli about living an authentic life. (justincastelli.io) Taxes Some speculation on what is next for the TCJA.
Speaker: Erroll Amacker
Calculated Risk
NOVEMBER 18, 2024
From Matthew Graham at Mortgage News Daily: Mortgage Rates Didn't Move Much Over The Weekend The average top tier conventional 30yr fixed rate was just a hair over 7% on Friday afternoon and the same is true at the start of the new week. As for the risk of more serious volatility, the only sure bet is that the first two weeks of December are the most important 2 weeks left in 2024.
Wealth Management
NOVEMBER 18, 2024
In the 401(k) universe, there are lobbyists and associations for everyone but plan participants. Who's looking out for their best interest?
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
NOVEMBER 18, 2024
Jon Frojen, who spent the last four years as Osaic's CFO, replaces John Gray, who recently moved into the chief accounting officer role at Beacon Pointe.
Financial Symmetry
NOVEMBER 18, 2024
As 2024 comes to a close, it’s easy to get swept up in the holiday rush. Before your calendar fills with gatherings and gift exchanges, here’s a financial checklist to help you wrap things up and start the new year … Continued The post Prepare for the End of the Year With This Financial Checklist appeared first on Financial Symmetry, Inc.
Wealth Management
NOVEMBER 18, 2024
The $3.4 billion investment firm has hired Jenna Bloomgarden as head of marketing and advisor experience and Brian Terraciano as head of operations.
International College of Financial Planning
NOVEMBER 18, 2024
At 46, I found myself at a turning point. My education had been in engineering, and I spent over two decades working in technical IT roles. For most of my career, money was just a paycheck—a way to cover expenses and stay secure. I never thought much about how to make it grow or work for me. However, everything started to change when I moved into IT consultancy.
Advertisement
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
Wealth Management
NOVEMBER 18, 2024
Clarion Partners' Brent Jenkins details the overall health and investment opportunities within private real estate.
Cordant Wealth Partners
NOVEMBER 18, 2024
This article covers what a donor-advised fund is and why you should consider one. We also get you up to speed on the tax benefits of using a DAF. If you've heard of a DAF and are curious about incorporating it into your giving and tax planning strategy, this article is for you. Key Takeaways: Contributions to a donor-advised fund reduce your tax bill in the year your contribution is made.
Wealth Management
NOVEMBER 18, 2024
In his new role as CEO at Direxion, Douglas Yones will be responsible for leading the company’s strategic vision and growth plans.
Don Connelly & Associates
NOVEMBER 18, 2024
Despite the shortfalls of artificial intelligence (AI) in the financial advisory business in that it cannot replace advisors as relationship builders, there are several ways advisors can embrace AI to achieve higher efficiency and have more time for the human element of the business. We know that AI is rapidly transforming industries, and the financial services sector is no exception.
Advertisement
Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
Wealth Management
NOVEMBER 18, 2024
In a motion filed this week, Sanctuary claimed there was “no evidence” a FINRA sanction against a Sanctuary subsidiary had “any adverse economic effect” on EverNest’s business.
Validea
NOVEMBER 18, 2024
In this episode of Two Quants and a Financial Planner, Jack and Matt dive into some of the most controversial takes we’ve heard on Excess Returns in 2024. From Aswath Damodaran’s spicy thoughts on the Berkshire annual meeting (spoiler: he’s not a fan) to Cem Karsan’s mind-bending perspective on options being the “dog” rather than the “tail,” we’re breaking down six of the hottest takes from 2024.
Cornerstone Financial Advisory
NOVEMBER 18, 2024
Weekly Market Insights | November 18th, 2024 Rally Loses Steam; Fed Weighs Move Stocks fell last week as the postelection rally lost momentum amid an inflation uptick and cautious comments from Fed officials. The Standard & Poor’s 500 Index fell 2.08 percent, while the Nasdaq Composite Index declined 3.15 percent. The Dow Jones Industrial Average lost 1.24 percent.
Norman Marks
NOVEMBER 18, 2024
As a practitioner, you may feel you have the tools, techniques, and processes to identify, analyze, and assess risks. But are you analyzing them as a single point of effect/impact and its likelihood, or do you have the tools to identify and evaluate a range/distribution of possible impacts/consequences, each of which has its own likelihood?
Advertisement
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
XY Planning Network
NOVEMBER 18, 2024
No matter the size of your business or whether you have no current plans to hire that first team member, it’s never too early to begin or, in some cases, continue defining and evolving your company’s culture. Establishing an ownership mentality mindset is vital to include in your culture.
Zoe Financial
NOVEMBER 18, 2024
Market Drama Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA November 18th, 2024 Watch Time: 3.7 minutes Welcome to this week’s Market Drama! Stock Market Updates The S&P 500 was down 2% for the week. Up 23% YTD. Nasdaq was down even more, down 3%. Up 24.4% YTD. Economic Updates: October Consumer Price Index (CPI) came in at 2.6%.
Advisor Perspectives
NOVEMBER 18, 2024
Our model, How America Spends, has been tracking the purchasing behavior of 135 million U.S. households since 2014. This model is not a black box – it is a data file representing the spending of 135 million households on goods and services since 2014.
SEI
NOVEMBER 18, 2024
New SEI-Managed and Third-Party Investment Options Further Bolster Flexibility for Advisors
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.
Advisor Perspectives
NOVEMBER 18, 2024
The S&P 500 index has had a spectacular run from its October 2022 trough to its present all-time peak, which has some (me included) wondering when the bull market will end. I approach this question in three steps.
SEI
NOVEMBER 18, 2024
SEI’s Turnkey Operational Platform and Comprehensive Suite of Services Provide Scale and Stability
Advisor Perspectives
NOVEMBER 18, 2024
Seven of our eight indexes on our world watch list have posted gains through November 18, 2024. The U.S. S&P 500 finished first with a year-to-date gain of 24.26%. The Hong Kong's Hang Seng finished second with a year-to-date gain of 16.61%. The Tokyo's Nikkei 225 finished in third with a year-to-date gain of 14.21%.
Zoe Financial
NOVEMBER 18, 2024
Navigating Charitable Giving Updated November 18th, 2024 Reading Time: 4 minutes Written by: The Zoe Team A charitable giving strategy can help give to the organizations you care about and get the tax deductions for which you are entitled. Managing finances in the face of complex tax changes can sometimes feel like attending a one-year-old’s birthday party.
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.
Advisor Perspectives
NOVEMBER 18, 2024
Market prognosticators and the financial media will often point to a particular piece of anecdotal evidence as bullish or bearish. Quite often, the evidence is intuitively appealing as a contrarian indicator.
Zoe Financial
NOVEMBER 18, 2024
Navigating Charitable Giving Updated November 18th, 2024 Reading Time: 4 minutes Written by: The Zoe Team A charitable giving strategy can help give to the organizations you care about and get the tax deductions for which you are entitled. Managing finances in the face of complex tax changes can sometimes feel like attending a one-year-old’s birthday party.
Advisor Perspectives
NOVEMBER 18, 2024
Morgan Stanley strategist Michael Wilson, well known for his bearish views on US equities in recent years, has an outright bullish outlook for 2025.
Carson Wealth
NOVEMBER 18, 2024
Stocks Can Go Down After the S&P 500 soared more than four percent the week of the election (the best week of the year), there was some late week selling last week on worries over inflation potentially coming back, the Federal Reserve Bank (Fed) possibly not cutting as much as expected, and technology stocks lagging. Although any of those reasons could have contributed to the weakness we saw, we’d like to simply highlight that the S&P 500 is still up more than 23% on the year (after gain
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
Expert insights. Personalized for you.
246 
Let's personalize your content