Wed.Feb 19, 2025

article thumbnail

Fix, Fine, Flourish: A Framework To Take Clients From (Just) “Fine” Staganancy To Being Engaged Again

Nerd's Eye View

When a client first begins working with an advisor, the relationship is often marked with a flurry of onboarding tasks, immediate issues to resolve, and long-term planning goals to establish. However, this heightened activity often settles into a familiar routine over time. And as clients come into monitoring meetings, they may increasingly describe their situation as "fine", with no pressing issues to address.

Clients 164
article thumbnail

Newsletter: Housing Starts Decreased to 1.366 million Annual Rate in January

Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Housing Starts Decreased to 1.366 million Annual Rate in January A brief excerpt: Total housing starts in January were below expectations; however, starts in November and December were revised up. The third graph shows the month-to-month comparison for total starts between 2024 (blue) and 2025 (red).

179
179
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Personal finance links: nothing left to achieve

Abnormal Returns

Podcasts Peter Lazaroff talks with Charley Ellis why most investors fail. (peterlazaroff.com) Dan Haylett talks with Leisa Peterson about re-writing our financial narratives. (humansvsretirement.com) Brendan Frazier talks with Tom Pendergast about searching for meaning in retirement. (podcasts.apple.com) Benjamin Brandt talks with Daniel Crosby about the five pillars of a fulfilling retirement.

article thumbnail

FOMC Minutes: Concern about tariffs, "take time" on any additional Rate Cuts

Calculated Risk

From the Fed: Minutes of the Federal Open Market Committee, January 2829, 2025. Excerpt: With regard to the outlook for inflation, participants expected that, under appropriate monetary policy, inflation would continue to move toward 2 percent, although progress could remain uneven. Participants cited various factors as likely to put continuing downward pressure on inflation, including an easing in nominal wage growth, well-anchored longer-term inflation expectations, waning business pricing pow

Economy 147
article thumbnail

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

article thumbnail

LPL Launches Alts Platform

Wealth Management

LPL's Alts Connect is powered by SUBSCRIBE, which provides the technology infrastructure for digitizing the alternative investment subscription and reporting processes.

Investing 240
article thumbnail

Housing Starts Decreased to 1.366 million Annual Rate in January

Calculated Risk

From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,366,000. This is 9.8 percent below the revised December estimate of 1,515,000 and is 0.7 percent below the January 2024 rate of 1,376,000. Single-family housing starts in January were at a rate of 993,000; this is 8.4 percent below the revised December figure of 1,084,000.

162
162

More Trending

article thumbnail

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

Calculated Risk

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 6.6 percent from one week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending February 14, 2025. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.6 percent on a seasonally adjusted basis from one week earlier.

Marketing 162
article thumbnail

CAIS Integrates with Other TAMPs, Managed Account Platforms

Wealth Management

The capability to integrate with other systems will let advisors manage publicly traded and private investments together.

article thumbnail

Thursday: Unemployment Claims, Philly Fed Mfg

Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for an increase to 216 thousand from 213 thousand last week. Also at 8:30 AM, The Philly Fed manufacturing survey for February. The consensus is for a reading of 25.4, down from 44.3.

article thumbnail

Edelman Accuses Prime Capital of Helping Advisors Take Client Info

Wealth Management

Edelman moved to add Prime Capital as a defendant in three ongoing lawsuits this week, arguing the firm helped departing advisors steal proprietary information and break non-solicitation vows.

Clients 203
article thumbnail

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.

article thumbnail

Why Hiring a Digital Marketing Agency for Financial Services Is the Key to Growing Your Business

Indigo Marketing Agency

Why Hiring a Digital Marketing Agency for Financial Services Is the Key to Growing Your Business In the mid-2000s, digital marketing was just one of many mediums local businesses were starting to utilize to growalong with newspaper ads, phone book ads, direct mail ads, radio and TV ads, billboards, door-to-door sales, and more. Today, less than 20 years later, digital marketing is the number-one marketing medium used for growing businesses, including financial advisory firms, and all the other m

article thumbnail

DAFgiving360 Reports Record Grant Making in 2024

Wealth Management

The nonprofits donors gave over $7.7 billion to charity.

Nonprofit 203
article thumbnail

What is a BOI Report and How Do You File One?

Harness Wealth

Beneficial Ownership Information (BOI) reporting is part of the Corporate Transparency Act (CTA) and requires millions of business entities to report beneficial ownership information, including data about the individuals who ultimately control a company. BOI reporting aims to combat money laundering and illicit activities by increasing corporate transparency.

Taxes 52
article thumbnail

Addepar Rolls Out New Alternatives Management Features

Wealth Management

These include private fund benchmarks, various data management improvements and cash flow forecasting.

article thumbnail

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?

article thumbnail

Animal Spirits: Life and Death

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by YCharts and KraneShares: See here for 20% off your initial YCharts Professional subscription for new customers only See here for more information on KWEB Get a random Animal Spirits chart here On today’s show, we discuss: YouTube Viewing on TV Now Surpasses Mobile, Desktop in U.S. Animal Spirits song Listen here Recommendations: Paradise Friendship Goonies.

64
article thumbnail

$900M Kansas Trio Joins LPL from Raymond James

Wealth Management

The advisory team, which has rebranded to Prill | Garwood Financial Advisors, joins from Raymond James Financial Services.

article thumbnail

5 Proven Marketing Strategies for Financial Advisors to Boost Client Acquisition

Indigo Marketing Agency

5 Proven Marketing Strategies for Financial Advisors to Boost Client Acquisition In her classic hit song Nothing Can Come Between Us, Sade was right when she sang, Its about trust. The number-one objective financial advisors must have in their online marketing efforts is to build TRUST with their audience. In fact, a report by State Street Global Advisors and Knowledge@Wharton found that both advisors and clients agree trustworthiness is the most important part of their relationship, with 69% of

article thumbnail

Cresset Snags Chief People Officer From JPMorgan

Wealth Management

Most recently, Melissa Karetny led the 18-month-long transition of First Republic Bank in the wake of its acquisition by JPMorgan.

Banking 184
article thumbnail

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.

article thumbnail

Watch Out For Bull Market Geniuses

Random Roger's Retirement Planning

We've got a lot to cover today. First up, have you ever heard the pejorative term bull market genius ? Here's an example of a high yield fund that shuttered in 2023. It started many years ago with lights out, 5 star performance and then floundered from there before closing. I'm leaving the name out of it, here though is a comparison to the benchmark iShares fund with symbol HYG.

article thumbnail

Joe Duran’s Rise Growth Makes Second Investment in $5.7B Grimes & Company

Wealth Management

Rise Growth Partners will help build Grimes & Company into a national RIA, with plans to add five to six locations over the next couple of years.

Investing 175
article thumbnail

Member Spotlight: Joe Pantozzi - A Lifetime of Service, Wisdom, and Financial Education

NAIFA Advisor Today

Joe Pantozzi's journey into the financial services industry is a remarkable story of perseverance, hard work, and dedication to helping others build wealth and financial literacy. Having moved from New Jersey to Nevada at the age of 23 with very few connections, Joe's first step into the business came with an advertisement that caught his eye: an ad promising opportunities to work with people and make money.

article thumbnail

CircleBlack to Acquire AssetBook

Wealth Management

In a memo sent to AssetBook advisor clients, the performance reporting tech company said it planned to "combine operations" with CircleBlack in the very near future.

Clients 163
article thumbnail

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.

article thumbnail

Gasoline Prices Hit 4-Month High

Advisor Perspectives

Gas prices hit their highest level in four months this week. As of February 17th, the price of regular and premium gas were up 2 and 4 cents from the previous week, respectively. The WTIC end-of-day spot price for crude oil closed at $71.83, down 0.7% from last week.

98
article thumbnail

For Effective Teaming, Build With a Specialist Mindset

Wealth Management

The highest potential of teaming is often realized within specialized teams, where each member has a distinct role and responsibility.

160
160
article thumbnail

Nvidia Revival Aided by Musk Marks End of Great DeepSeek Panic

Advisor Perspectives

The Great DeepSeek Panic of January 2025 is officially over.

97
article thumbnail

The Power and Impact of Shared DNA

Wealth Management

Building relational equity in family enterprises.

160
160
article thumbnail

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.

article thumbnail

Want To Beat the Market? Focus on After-Tax Returns Instead

Wealthfront

Beating the market sounds nice, but in reality, it usually doesnt work. No matter how long you spend scouring the internet for stock tips and reading page after page of expert commentary, youre unlikely to consistently generate outsized pre-tax returns. But at Wealthfront, we do think its possible to beat the market on an after-tax […] The post Want To Beat the Market?

Taxes 40
article thumbnail

Private Operating Foundation’s Loans Found to be Self-Dealing

Wealth Management

They were made to companies owned and operated by PF managers.

article thumbnail

Stop Being 1 of Many

Advisor Perspectives

The number one question we hear from advisors is: “How can I differentiate my business so I stand out from others, given that the industry continues to become commoditized.

Numbers 71
article thumbnail

The Case for Diversity at Work and in the Financial Services Industry

Wealth Management

Firms that toe the line will miss out on breakthrough innovation.

article thumbnail

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