Nerd's Eye View

NOVEMBER 19, 2024

Welcome everyone! Welcome to the 412th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Anjali Jariwala. Anjali is the Founder of FIT Advisors, an RIA based in Torrance, California (but works virtually with clients nationwide) and oversees $65 million in assets under management for 45 client households. What's unique about Anjali, though, is how she has tripled her annual revenue from $250,000 to $750,000 during the past 6 years, while only adding a net of 10 cli

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Clients Financial Advisor Business Planning Taxes 244

A Wealth of Common Sense

NOVEMBER 19, 2024

The best compliment I can offer any financial writer: I wish I had written that. I’ve had that thought about John Rekenthaler’s work numerous times over the years. I’ve always admired his common sense, straight-shooter approach to investment writing. Last week, Rekenthaler penned his farewell column for Morningstar. Instead of providing a retrospective on his own career, he wrote an ode to the U.S. stock.

Investments 143

Investments Investing Marketing Marketing 143

Abnormal Returns

NOVEMBER 19, 2024

Bonds Shorting low quality credit is not the same as shorting equities. (mailchi.mp) What does the VIX tell us about corporate bond spreads? (mrzepczynski.blogspot.com) Bond and equity ETF liquidity is different. (papers.ssrn.com) Private credit Is private credit in a bubble? (alphaarchitect.com) Why publicly traded vehicles for private credit don't work as well.

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Assets 148

Wealth Management

NOVEMBER 19, 2024

The deal marks Robinhood’s entrance into the wealth management space, as it aims to connect its investors with human advisors.

Wealth Management 122

Wealth Management Management 122

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

Abnormal Returns

NOVEMBER 19, 2024

Markets The U.S. stock market is constantly doubted, evidence to the contrary. (awealthofcommonsense.com) You can't have a bubble without this group of investors. (behaviouralinvestment.com) Finance Portfolio trading is a growing force in credit markets. (ft.com) Robinhood ($HOOD) is buying TradePMR. (investmentnews.com) ETFs The filing for the SSGA Bridgewater All Weather ETF is live.

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Media Numbers Portfolio Marketing 148

Calculated Risk

NOVEMBER 19, 2024

From housing economist Tom Lawler: According to CME FedWatch , the “market-based” probability that the FOMC will cut its federal funds rate target by 25 bp at its December meeting is about 59%. Folks will also play close attention to the release of the FOMC’s Summary of Economic Projections (SEP) from meeting participants. Below is a table showing some of the key projections from the last four SEPs.

Economics 105

Economics Marketing Marketing 105

Wealth Management

NOVEMBER 19, 2024

Clients increasingly view estate planning as a core element of holistic wealth management, not just a one-time task, according to a survey from online estate planning platform Vanilla.

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Estate Planning Planning Wealth Management Clients 114

Calculated Risk

NOVEMBER 19, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • During the day: The AIA's Architecture Billings Index for October (a leading indicator for commercial real estate).

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Wealth Management

NOVEMBER 19, 2024

Several of the largest equity index fund managers have extended proxy voting to mutual fund and ETF shareholders, reports Pensions & Investments. Goldman Sachs disclosed $710 million in Bitcoin ETF holdings in its latest 13F filing. These are among the investment must reads we found this week for wealth advisors.

Investing 111

Investing Investments Wealth Advisor Management 111

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

Advisor Perspectives

NOVEMBER 19, 2024

Here are four key questions to help pinpoint where the break in your sales process might be occurring

Sales 64

Sales 64

Wealth Management

NOVEMBER 19, 2024

Prepare for the future with expert insights — explore the latest findings on trust and estate planning trends in 2024.

Estate Planning 111

Estate Planning Planning 111

Advisor Perspectives

NOVEMBER 19, 2024

Don’t wait for financial symptoms to show up. Annual financial checkups can help maintain your current financial fitness and support your long-term financial wellbeing.

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Wealth Management

NOVEMBER 19, 2024

Kaival Patel was previously convicted of charges stemming from a plan to collect commissions on falsely prescribed compound medications, according to the Justice Department.

Commission 111

Commission Medical Insurance Planning 111

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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

NOVEMBER 19, 2024

Reengineering processes through automation, streamlining, and delegation enables financial advisors to provide greater value while spending more quality time with clients.

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Financial Advisor Clients 64

Wealth Management

NOVEMBER 19, 2024

In separate news, Alliance Bernstein unveiled several new tax-advantaged SMAs focused on equities and municipal bonds.

Taxes 110

Taxes 110

Alpha Architect

NOVEMBER 19, 2024

This paper examines the level of financial literacy across the 27 EU member states, using data from the 2023 Flash Eurobarometer 525 survey. Financial Knowledge in Europe: Women Lag Men in their financial Literacy was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

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Wealth Management

NOVEMBER 19, 2024

Allworth adds 25 tax professionals with its purchase of CCA, a CPA firm in Pleasant Hill, Calif.

Taxes 105

Taxes 105

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

Advisor Perspectives

NOVEMBER 19, 2024

Alphabet Inc.’s Chrome browser could fetch as much as $20 billion if a judge agrees to a Justice Department proposal to sell the business, in what would be a historic crackdown on one of the world’s biggest tech companies.

Sales 52

Sales 52

Wealth Management

NOVEMBER 19, 2024

The SEC is reviewing applications from more than 30 asset managers for exemptive relief.

Financial Advisor 105

Financial Advisor Assets Management 105

Advisor Perspectives

NOVEMBER 19, 2024

The era of explosive growth in multistrategy hedge funds is over, according to billionaire Ken Griffin, who runs one of the biggest such firms.

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Wealth Management

NOVEMBER 19, 2024

Craig R. Hersch discusses the benefits of using artificial intelligence bots at your practice.

Taxes 104

Taxes 104

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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

NOVEMBER 19, 2024

Nvidia Corp., the chipmaker at the center of a boom in artificial intelligence use, is teaming up with Alphabet Inc.’s Google to pursue another technology once relegated to science fiction: quantum computing.

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Wealth Management

NOVEMBER 19, 2024

Called Auria, Advyzon's new technology will combine portfolio management, performance reporting, CRM and other tools.

Portfolio Management 103

Portfolio Management Clients Portfolio Management 103

Advisor Perspectives

NOVEMBER 19, 2024

The Federal Reserve (Fed) Chairman seems to be happy with the market’s new wisdom regarding the path of interest rates going forward.

Marketing 52

Marketing Marketing 52

Wealth Management

NOVEMBER 19, 2024

Tidal Investments has introduced the FIRE Funds Wealth Builder ETF (FIRS) and the FIRE Funds Income Target ETF (FIRI).

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Retirement Investments Investing 99

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

NOVEMBER 19, 2024

Last week showcased the complexities driving markets and the economy, with inflation data, Federal Reserve commentary, and political developments at the forefront. While inflation metrics in the CPI came in as expected, the PPI surprised on the higher side, pushing up estimates for the Fed's preferred PCE inflation gauge.

Economics 52

Economics Economy Marketing Marketing 52

Wealth Management

NOVEMBER 19, 2024

The definitionally conflicted world of serving as both the trustee of a company-owning trust and the company’s chief executive.

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Advisor Perspectives

NOVEMBER 19, 2024

The period from the 1960s to the 1990s defined by record-setting inflation and big swings in GDP bears a striking resemblance to the current environment.

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