Nerd's Eye View

JUNE 12, 2024

Financial advisors, as professionals whose clients rely on their advice to make financial decisions, are legally and financially responsible for the advice that they give. For example, if an advisor recommends an investment that prioritizes the commission they would receive rather than any benefit the client would derive from it, they could incur fines and sanctions for violating their fiduciary duty as an advisor.

Fiduciary Duty 217

Fiduciary Duty Risk Tolerance Investments Investing 217

Abnormal Returns

JUNE 12, 2024

Markets Momentum thrusts have to burn out at some point. (mrzepczynski.blogspot.com) Nothing compares to the Nasdaq Internet bubble. (theirrelevantinvestor.com) Strategy Small advantages, consistently applied compound over time. (fortunesandfrictions.com) How to use TIPS in your portfolio. (morningstar.com) Health Why Eli Lilly's ($LLY) Alzheimer's treatment is controversial.

Financial Advising 144

Financial Advising Retail Sales Media 144

Calculated Risk

JUNE 12, 2024

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 15.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending June 7, 2024. The Market Composite Index, a measure of mortgage loan application volume, increased 15.6 percent on a seasonally adjusted basis from one week earlier.

Marketing 115

Marketing Marketing 115

Wealth Management

JUNE 12, 2024

The chief investment officers for T. Rowe Price and Schwab Asset Management discussed disconnects between how RIAs and retail investors view current opportunities.

Retail 115

Retail Assets Marketing Marketing 115

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Accounting

Calculated Risk

JUNE 12, 2024

The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% in May. The 16% trimmed-mean Consumer Price Index increased 0.1%. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report".

Food 113

Food Banking 113

Random Roger's Retirement Planning

JUNE 12, 2024

Bloomberg had a longish writeup about quantitative investment strategies or QIS. The very basic idea seems to be that it is in the neighborhood of being strategy replication. From the article, QIS are usually structured products or swaps that target risk premia with the following list of different strategies provided in the article. Risk premia is a fancy term often ascribed to alternative strategies.

Investments 94

Investments Investing Management Taxes 94

Wealth Management

JUNE 12, 2024

Significant demographic shifts amongst those who hold wealth in the US illuminate an opportunity for financial firms to position themselves ahead of the curve.

Clients 110

Clients 110

A Wealth of Common Sense

JUNE 12, 2024

Today’s Animal Spirits is brought to you by Nasdaq and Fabric: See here for more information on Nasdaq’s ETF ecosystem Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life On today’s show, we discuss: Daily TSA travel data still strong The loneliness of the American worker Why the recession still isn’t here Americans have more investment income than e.

Insurance 86

Insurance Investing Investments 86

Wealth Management

JUNE 12, 2024

Trust & Will's Andrew Mazabel discusses what's at stake for advisors that don't offer estate planning as a service.

Estate Planning 99

Estate Planning Planning 99

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Sales

Advisor Perspectives

JUNE 12, 2024

Let's do some analysis of the Consumer Price Index, the best-known measure of inflation. The Bureau of Labor Statistics (BLS) divides all expenditures into eight categories and assigns a relative size to each. The pie chart illustrates the components of the Consumer Price Index for Urban Consumers, the CPI-U.

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119

Wealth Management

JUNE 12, 2024

The former Key Client Group has 10 financial professionals across the country and establishes footholds for Summit Trail in Portland, Ore. and Denver.

Clients 93

Clients 93

Advisor Perspectives

JUNE 12, 2024

The Consumer Price Index for Urban Consumers (CPI-U) released for May puts the year-over-year inflation rate at 3.27%. The latest reading keeps inflation below the 3.74% average since the end of the Second World War for the 12th straight month. However, inflation remains above the 10-year moving average which is now at 2.81%.

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Wealth Management

JUNE 12, 2024

Envestnet's Dana D'Auria discusses what the driving forces are behind this shift to personalized investments and what they look like.

Investments 89

Investments Investing 89

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

Calculated Risk

JUNE 12, 2024

Here are a few measures of inflation: The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year. This declined, but has turned up recently, and is now up 5.0% YoY. Click on graph for larger image. This graph shows the YoY price change for Services and Services less rent of shelter through May 2024.

Food 78

Food 78

Wealth Management

JUNE 12, 2024

TIFIN's founder discusses the opportunities and challenges AI presents and the importance of adaptability for achieving success.

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93

Trade Brains

JUNE 12, 2024

ITC: ITC, with a legacy spanning over a century, has been a stalwart since its establishment on August 24, 1910. Originating as a tobacco and cigarette manufacturer, the company has evolved significantly. It now encompasses a wide array of sectors including hotels, paperboards, FMCG, packaging, and agribusiness. ITC Hotels, the company that brought meaning to the phrase “responsible luxury,” has announced its demerger.

Planning 81

Planning Valuation Portfolio Assets 81

Wealth Management

JUNE 12, 2024

The funding will be put toward research and development, hiring and enhancements to data quality.

Investments 109

Investments Investing 109

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

Calculated Risk

JUNE 12, 2024

From the BLS : The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in May on a seasonally adjusted basis, after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.3 percent before seasonal adjustment. More than offsetting a decline in gasoline, the index for shelter rose in May, up 0.4 percent for the fourth consecutive month.

Food 70

Food Medical Communication Education 70

Wealth Management

JUNE 12, 2024

LPL executives Anna Howard and Kimberly Sanders are both highly accomplished leaders in wealth management.

Wealth Management 100

Wealth Management Management 100

Advisor Perspectives

JUNE 12, 2024

Inflation cooled for a second straight month in May. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 3.3% year-over-year while core CPI cooled to 3.4%. Both readings were lower than their respective forecasts.

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69

Wealth Management

JUNE 12, 2024

Sound Income Strategies CEO David Scranton describes why growth might not be the only goal of clients nearing retirement.

Investments 91

Investments Investing Retirement Clients 91

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Investing

Advisor Perspectives

JUNE 12, 2024

Consider toning your prospecting efforts by prioritizing referrals and integrating them into your broader strategy for sustainable growth.

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111

Wealth Management

JUNE 12, 2024

Four key considerations for advisors regarding Medicare.

Estate Planning 124

Estate Planning Planning 124

Advisor Perspectives

JUNE 12, 2024

A planner using a fee-offset model sets an annual fixed fee for their services. Then any commissions earned from the sale of products, usually insurance products, are credited back to the client, offsetting and reducing the annual fee by the amount of the commission.

Commission 64

Commission Insurance Sales Clients 64

Wealth Management

JUNE 12, 2024

The late musician's Beverly Hills home is at the center of the dispute.

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107

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

Calculated Risk

JUNE 12, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-June 2024 A brief excerpt: This 2-part overview for mid-May provides a snapshot of the current housing market. I always like to start with inventory, since inventory usually tells the tale ! Here is a graph of new listing from Realtor.com’s May 2024 Monthly Housing Market Trends Report showing new listings were up 6.2% year-over-year in May.

Marketing 62

Marketing Marketing Numbers 62

Wealth Management

JUNE 12, 2024

Goldman Sachs' Jeremy Eisenstein talks about creating choice and growth potential for RIAs in the custodial space.

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86

Advisor Perspectives

JUNE 12, 2024

When JPMorgan Chase & Co. arranged a series of trades to shift the risk of losses from $20 billion of its loans, some of those dangers wound up at a familiar place: rival banks.

Banking 59

Banking 59