Wed.Jan 08, 2025

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FOMC Minutes: "The process [of reaching inflation target] could take longer than previously anticipated"

Calculated Risk

From the Fed: Minutes of the Federal Open Market Committee, December 1718, 2024. Excerpt: With regard to the outlook for inflation, participants expected that inflation would continue to move toward 2 percent, although they noted that recent higher-than-expected readings on inflation, and the effects of potential changes in trade and immigration policy, suggested that the process could take longer than previously anticipated.

Economics 273
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Personal finance links: free of concern

Abnormal Returns

Podcasts Ryan Morrissey talks with Larry Swedroe author of "Enrich Your Future: Keys to Successful Investing." (youtube.com) Peter Lazaroff on the need for professional help in retirement planning. (peterlazaroff.com) Katie Gatti Tassin talks with Dana Miranda author of "You Don't Need a Budget." (podcast.moneywithkatie.com) The Purpose Code Why you should read "The Purpose Code: How to Unlock Meaning, Maximize Happiness, and Leave a Lasting Legacy" by Jordan Grumet.

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1st Look at Local Housing Markets in December

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in December A brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a comparison to December 2019 for each local market (some 2019 data is not available). This is the first look at several early reporting local markets in December.

Marketing 162
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At the Money: Matt Hougan on Crypto Technology

The Big Picture

SPOTIFY EMBED St. Vincent – Digital Witness [link] Digital witnesses, what’s the point of even sleeping? If I can’t show it, if you can’t see me What’s the point of doing anything? This is no time for confessing At The Money: with Matt Hougan on Crypto Technology (January 8, 2025) Are you crypto-curious? Are you interested in owning some bitcoin, Ethereum, or other crypto-coins?

Assets 130
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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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ADP: Private Employment Increased 122,000 in December

Calculated Risk

From ADP: ADP National Employment Report: Private employers added 122,000 jobs in December The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains. Health care stood out in the second half of the year, creating more jobs than any other sector. emphasis added This was below the consensus forecast of 143,000.

Marketing 147
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The First 100 Days of the New Congress

Wealth Management

Tax reform is on deck for the new Congress.

Taxes 278

More Trending

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Edward Jones Will Pay $17M to Settle State Regulators’ Investigation

Wealth Management

The investigation, which spanned four years and involved 14 state regulators, revolved around how the firm supervised the transferring of brokerage account assets into advisory accounts.

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Why Should I Hire a Financial Advisor? 5 Benefits of Financial Advice

Carson Wealth

Navigating the complexities of personal finance can be challenging. While some individuals manage their finances independently or utilize automated platforms, the personalized guidance of a financial advisor may offer distinct advantages. One study found that an advisor-managed portfolio could produce an additional 3% value add annually over a self-managed (DIY) portfolio. 1 But working with a financial advisor has many additional benefits that can go beyond returns.

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Sanctuary Attracts $700M Truist Team Focused on International Clients

Wealth Management

Hillguard Wealth Management will join Sanctuary Global and work out of the firms Miami office. Sanctuary President Vince Fertitta said there was a demand for an alternative to the way most banks and wirehouses treat international business.

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Fundamentally Sound Growth Companies – Validea’s Top 10 G Score Stocks for January 2025

Validea

The G-Score, developed by Professor Parth Mohanram in 2005, is a fundamental analysis tool designed specifically for growth stocks, serving as a counterpart to Joseph Piotroski’s F-Score which was created for value stocks. The scoring system evaluates eight binary signals based on firm fundamentals, particularly focusing on aspects that are especially relevant for growth companies.

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Book of Secrets on the Month-End Close

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.

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IRS Clarifies Implementation of Future Regulations Regarding RMDs

Wealth Management

Announcement 2025-2 applies to employer retirement plans.

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Key Tax Figures for 2025

Advisor Perspectives

A look at the 2025 tax rates and contribution limits means individuals may save or gift more this year. Our Bill Cass shares the updated key tax figures and some planning considerations for the year ahead.

Taxes 98
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The Healthy Advisor: Betrayal on the Dock and the Road to Financial Independence With Michelle Begina

Wealth Management

At 17 years old, Michelle Begina found out her parents used her college fund to buy a yacht. The decisions she made after stepping off that dock have shaped the woman she is today.

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Google’s Most Serious Rival Isn’t Microsoft. It’s a Startup

Advisor Perspectives

The AI boom of the past two years has largely been a two-horse race. Alphabet Inc.’s Google and Microsoft Corp.-funded OpenAI have duked it out for customers, while Amazon.com Inc. and Meta Platforms Inc. have nibbled at the margins for market share.

Startup 98
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Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

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?

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A Life Insurance Agent’s To-Do List for 2025

Wealth Management

Tactical refinements for a more productive year for life insurance agents and financial advisors.

Insurance 250
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Bitcoin Is Not a Nothing, But Not a Something Either

Advisor Perspectives

A few weeks ago, a reader emailed to challenge what he described as our “cautionary, skeptical and net negative” stance on Bitcoin.

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Nareit: REITs Should be Viewed as Real Estate, Not Equities

Wealth Management

An analysis of defined benefit plans over 25 years finds REITs trailed only private equity for average annual net returns.

Planning 246
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PB US Stability + Innovation Contact Us Page

SEI

Schedule a consultation.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

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.

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Financial Literacy Isn’t Enough for Lasting Family Legacies

Wealth Management

Leadership education is a cornerstone of UHNW families aiming to achieve successful intergenerational transitions.

Education 242
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Attivo Investments Adopts SEI’s Co-CIO Solution

SEI

SEIs Co-CIO Solution Supports Client-Centric Operating Structure, Provides Personalized Investment Experience and Enhances Efficiency

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Unlock Specialized Client Services with the Private Bank

Wealth Management

(Sponsored Content) Discover how high-net-worth clients can have a full array of options for investing and banking capabilities at Wells Fargo.

Banking 234
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ADP National Employment Report: 122K Private Jobs Added in December

Advisor Perspectives

The ADP employment report revealed that 122,000 nonfarm private jobs were added in December, lower than the expected 139,000 addition. Private sector hiring has now slowed for six of the past eight months and December's reading marks the smallest addition since August.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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Cetera President Begins Term as FSI Board Chair

Wealth Management

The Financial Services Institute also brought on four new board members, including Commonwealth Chief Regulatory Affairs Officer Robert Molinari and Broadridge Financial Solutions President Chris Perry.

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US 30-Year Mortgage Rate Just Shy of 7% Bridles Home Purchases

Advisor Perspectives

US mortgage rates edged up to just shy of 7% at the turn of year and a gauge of home-purchase applications tumbled to the lowest level since February, adding to evidence of a struggling housing market.

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Bank of America Forms Specialist Group Serving the Ultra-Wealthy

Wealth Management

The roughly 25 specialists will help Merrill financial advisors and their clients navigate financial needs including loans, estate planning and investment management.

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Cryptocurrencies: Bitcoin Back Below $100K

Advisor Perspectives

Bitcoin's closing price has held steady below the $100,000 for the past three weeks. BTC finished 2024 up ~111% and is up ~3% the first week into 2025. Here are the latest charts on three of the largest cryptocurrencies by market share through 1/7/25.

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Fall In Love With the Month-End Close

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.

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EP Wealth Acquires $1.6B Michigan Firm

Wealth Management

The deal with Executive Wealth Management represents EPs largest Midwest acquisition to date, bringing its total AUM to over $31 billion.

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Pressing for Yet More

Advisor Perspectives

On December 6, the S&P 500 set the most extreme level of valuations on record, exceeding both the 1929 and 2000 market peaks on measures that we find best-correlated with actual, subsequent 10-12 year S&P 500 total returns across a century of market cycles.

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BlackRock to Cut About 1% of Its Employees, Staff Memo Says

Wealth Management

The company has more than 21,000 employees, meaning the cuts apply to about 200 staff.

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Our 10 Investing Themes for 2025

Advisor Perspectives

As we turn the page on 2024 and look ahead into 2025, the key question on investors' minds is: can 2024’s positive momentum in the economy and financial markets continue into 2025?

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The Future Of Finance: How To Manage Spend The Right Way

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