Abnormal Returns
APRIL 12, 2024
Strategy Prospective bond returns are buoying the prospects for a 60/40 portfolio. (axios.com) How indexing came to dominate the investment business. (ritholtz.com) 15 investing principles including 'I believe managing one’s behavior is more important than managing one’s investments.' (betterletter.substack.com) Companies BP ($BP) is the cheapest stock among the giants.
Nerd's Eye View
APRIL 12, 2024
Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study has found that many small- and mid-sized advisory firms that use "supported independence" platforms for their technology and back-office needs, have the potential to see greater growth in the years ahead given the efficiencies gained (and potential cost savings compared to creating a tech stack and hiring their own staff 'a la carte'), and give aspiring firm
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abnormal Returns
APRIL 12, 2024
Audio The head of the world's largest sovereign wealth fund also hosts a podcast. (wsj.com) The NYTimes will soon offer automated voice narration for nearly all of its articles. (axios.com) You can now listen to Substack podcasts on Spotify ($SPOT). (engadget.com) Is Theo Von the new Joe Rogan? (theatlantic.com) Business Patrick O'Shaughnessy talks with Ken Langone about Home Depot and American capitalism.
A Wealth of Common Sense
APRIL 12, 2024
According to Redfin, we just hit another new all-time high in the median monthly payment (based on current home prices and mortgage rates): The median payment for a new purchase has doubled since 2021. Mortgage rates were back up to 7.4% this week. Nationwide housing prices are still are all-time highs and up around 50% since the end of 2019. There has been this feeling of something has to give for a while now but nothi.
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.
Alpha Architect
APRIL 12, 2024
While the empirical research on cross-sectional (long-short) momentum has shown that returns have been high, investors have also experienced huge drawdowns—momentum exhibits both high kurtosis and negative skewness. Since 1926 there have been several momentum crashes that featured short, but persistent, periods of highly negative returns. For example, from June to August 1932, the momentum portfolio lost about 91%, followed by a second drawdown from April to July 1933.
Wealth Management
APRIL 12, 2024
The lines between wealth management and banking are blurring, opening up new opportunities, as well as new competition.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
APRIL 12, 2024
Interaxis' Adam Blumberg shares how cryptocurrencies evolved as trillion-dollar disruptors.
Truemind Capital
APRIL 12, 2024
Do you know that direct plans of mutual funds offer much higher returns than regular plans, more than the difference in their expense ratio? To know better, read it till the end. Every mutual fund scheme has two plans to offer – Regular & Direct. Both plans have the same fund manager and the same portfolio. The only difference is the expense ratio.
Wealth Management
APRIL 12, 2024
Plus, a Los Angeles firm serving the ultra-wealthy taps a CPA from AdvicePeriod to manage multi-family office services and other reported news of the week.
Calculated Risk
APRIL 12, 2024
Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-April 2024 A brief excerpt: On Wednesday, in Part 1: Current State of the Housing Market; Overview for mid-April 2024 I reviewed home inventory, housing starts and sales. In Part 2, I will look at house prices, mortgage rates, rents and more.
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.
Wealth Management
APRIL 12, 2024
The firms will collectively pay $200,000 to settle the charges, which focused primarily on their use of hypothetical performance.
Advisor Perspectives
APRIL 12, 2024
Consumer sentiment moved sideways for the fourth straight month in April according to the preliminary report for the Michigan Consumer Sentiment Index. The index fell 1.5 points (-1.9%) to 77.9 from the March final. The latest reading was below the forecast of 79.0.
Wealth Management
APRIL 12, 2024
As the economy stabilizes, financial advisors are recognizing the benefits of mergers and acquisitions.
Calculated Risk
APRIL 12, 2024
From BofA: Since our update last week, 1Q GDP tracking is down one-tenth to 1.9% q/q saar. [Apr 12th estimate] emphasis added From Goldman: We left our Q1 GDP tracking estimate unchanged at +2.5% (qoq ar) and our Q1 domestic final sales forecast unchanged at +2.6% (qoq ar). [Apr 10th estimate] And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2024 is 2.4 percent on April 10, down from 2.5 percent on April 4.
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
Advisor Perspectives
APRIL 12, 2024
The S&P 500 stumbled for a second straight week, posting its biggest weekly loss of the year (-1.55%). The index is currently up 8.02% year to date and now sits 2.49% below its record close from March 28, 2024.
Tobias Financial
APRIL 12, 2024
Tobias Financial Advisors is pleased to announce that Yesenia Realejo, CFP®, Catalina Franco-Cicero, MS, CFP®, CTS , and Edgar Collado, CEPA®, have become new shareholders and co-owners of the firm. Their elevation reflects their unwavering dedication, expertise, and invaluable contributions to our company. Wealth Advisors Yesenia Realejo , CFP® and Catalina Franco-Cicero , MS, CFP®, CTS have continuously exceeded our and our client’s expectations.
Advisor Perspectives
APRIL 12, 2024
The weekly leading economic index (WLEI) is a composite for the U.S economy that draws from over 20 time-series and groups them into the following six broad categories which are then used to construct an equally weighted average. As of March 29th, the index was at 26.520, down 0.103 from the previous week, with 5 of the 6 components in expansion territory.
NAIFA Advisor Today
APRIL 12, 2024
Understanding the intersection between financial assets and estate planning is extremely important for maximizing wealth and enhancing asset protection. Join us on Wednesday, May 1, 2024, from 12:00 pm to 1:00 pm Eastern for an in-depth webinar that focuses on aligning your clients' financial assets with their estate planning goals. This session is ideal for professionals looking to deepen their understanding of estate planning essentials like revocable trusts, wills, and powers of attorney, and
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.
Advisor Perspectives
APRIL 12, 2024
Investors wagering on an extension of last year’s global bond gains have been served a harsh reality check.
WiserAdvisor
APRIL 12, 2024
The role of a financial advisor is indispensable in today’s world. These professionals serve as trusted guides, helping individuals understand the intricacies of investment, wealth management, and financial planning to achieve their long-term goals. The time and attention they can dedicate to each client is a significant contributor to their effectiveness.
Advisor Perspectives
APRIL 12, 2024
Choosing a school that enables you to graduate with the least amount of debt, or, even better, with no debt at all, is a message more students need to hear.
Tobias Financial
APRIL 12, 2024
When you ask Lonnie Sluchak , CPA, to describe a unique detail about himself, he shares a surprising past. For seven years, Lonnie worked at Home Depot, immersing himself in the world of construction. But that’s not all; during his academic pursuits in accounting, Lonnie also ventured into the travel industry, working as a travel agent. “The travel industry helped me develop crucial customer service skills and taught me the importance of prioritizing client satisfaction,” Lonni
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.
Advisor Perspectives
APRIL 12, 2024
The US is somehow home to the most valuable electric vehicle producer in the world and, simultaneously, an also-ran in the race for EVs. How did that happen?
Validea
APRIL 12, 2024
What is Momentum Investing? Momentum investing is a strategy that aims to capitalize on the continuance of existing trends in the market. It involves buying stocks that have performed well in the recent past and selling those that have performed poorly, based on the idea that those trends will persist in the near-term future. Momentum investors believe that stocks which have outperformed recently will continue to do so, while those that have underperformed will continue lagging.
Advisor Perspectives
APRIL 12, 2024
As pharma giants spend billions on acquisitions of startups developing new ways to harness radiation in the fight against cancer, the chief executive officer of Perspective Therapeutics Inc. found himself getting top billing at two different industry gatherings this week.
Norman Marks
APRIL 12, 2024
I had a lot of fun writing my new novel. Hopefully people will pick it up and enjoy it as well.
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.
Advisor Perspectives
APRIL 12, 2024
The stock market has punished Apple Inc. this year for failing to offer a vision of where its future growth will come from. The shares caught a bid Thursday after the tech giant took a step toward providing an answer.
ModernAdvisor
APRIL 12, 2024
Commentary As expected, the Bank of Canada left the benchmark rate at 5% at their last meeting and maintained the stance that it needs to see further progress that inflation is on the right path. Results from the Bank of Canada’s Q4 Business Outlook Survey released in January showed that high interest rates continue to soften consumer demand, but firms […] The post Market Update – Q1 2024 appeared first on ModernAdvisor Blog.
Advisor Perspectives
APRIL 12, 2024
March U.S. consumer prices rose faster than expected. The reacceleration in supercore inflation suggests the strong inflation readings at the start of the year may not have been mere blips.
Advisor Perspectives
APRIL 12, 2024
The S&P 500 has been touching new highs after a rocky start to the first quarter of 2024, and is doing the same thing again at the start of Q2. While market corrections will happen invariably, it’s a reminder that traders can always take advantage of any short-term weakness.
Advertisement
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.
Expert insights. Personalized for you.
278 
Let's personalize your content