Nerd's Eye View

NOVEMBER 4, 2024

Welcome to the November 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that Holistiplan has announced the rollout of a new estate plan document extraction tool to stand alongside its highly popular tax return scanning tool – which highlights how advances in AI technol

Estate Planning 243

Estate Planning Planning Communication Taxes 243

Abnormal Returns

NOVEMBER 4, 2024

Podcasts Meb Faber and Wes Gray talk about how ETFs unlock tax efficiency and the launch of the Cambria Tax Aware ETF ($TAX). (podcasts.apple.com) Ben Carlson and Michael Batnick talk with Nate Conrad of Stone Ridge about how LifeX ETFs operate. (awealthofcommonsense.com) Bogumil Baranowski talks the digitization of wealth management with Julia Carreon.

Wealth Management 163

Wealth Management Financial Advising Wealth Advisor Compliance 163

Wealth Management

NOVEMBER 4, 2024

The commission settled charges that Wahed Invest violated the ad rule when including a pro soccer player and MMA athletes in marketing without clarifying that they weren’t clients and were compensated.

Commission 139

Commission Clients Investing Investments 139

Advisor Perspectives

NOVEMBER 4, 2024

Bill Bernstein digs into a book that follows the complicated history of Elon Musk's chaotic acquisition of Twitter and its subsequent transformation into X.

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119

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

Wealth Management

NOVEMBER 4, 2024

Aspen Standard Wealth has taken a majority stake in Summitry, a $2.8 billion RIA, as it aims to hold wealth management firms permanently and solve some of their pain points.

Wealth Management 139

Wealth Management Marketing Marketing Management 139

Wealth Management

NOVEMBER 4, 2024

A single-minded strategy of tax avoidance is often not in a client’s best interest.

Taxes 135

Taxes 135

Trade Brains

NOVEMBER 4, 2024

Gold is the ultimate security measure for central banks, which can be thought of as national treasure troves. Central banks hold gold bars in reserve to withstand economic downturns, much like we save money for unexpected expenses. This shiny gold serves as a financial anchor, keeping things stable when markets tremble or currencies falter. It’s similar to having shining insurance coverage that never ends!

Insurance Coverage 105

Insurance Coverage Banking Economics Economy 105

Wealth Management

NOVEMBER 4, 2024

Channeling this destructive emotion by donating to an important cause is a way to take back power and make a difference.

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Carson Wealth

NOVEMBER 4, 2024

Get Ready for the Election Did you hear there’s an election tomorrow? Yes, we are finally there. As we discussed in detail last week, while of course the election matters, historically who is in the White House hasn’t mattered as much to investors as you might think. If the economy remains strong (as we expect), that would matter much more than just about anything else.

Marketing 96

Marketing Marketing Economy Numbers 96

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

Wealth Management

NOVEMBER 4, 2024

A number of new ETFs launched in October focused on large cap stocks.

Numbers 105

Numbers 105

Advisor Perspectives

NOVEMBER 4, 2024

Get ready to ‘roll back’ the clocks! That’s right, Daylight Savings Time (DST) ends this weekend. This twice-a-year ritual is followed by every US state (except Arizona and Hawaii) and nearly 70 countries across the globe, but not everyone supports it.

Marketing 103

Marketing Marketing 103

Wealth Management

NOVEMBER 4, 2024

Greater customization and fewer fees are behind the preference.

Financial Advisor 105

Financial Advisor Portfolio Planning 105

Trade Brains

NOVEMBER 4, 2024

The semiconductor industry, vital to modern electronics like smartphones, EVs, and AI processors, is gaining traction in India due to rising EV demand and infrastructure growth. A low debt-to-equity ratio, particularly under 1, indicates a company’s preference for equity over debt, reflecting lower financial risk. Here are a few companies in the semiconductor business known for having low debt-to-equity ratios: 1.

Electronics 96

Electronics Manufacturing Engineering Transportation 96

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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

Wealth Management

NOVEMBER 4, 2024

The commission settled charges that Wahed Invest violated the ad rule when including a pro soccer player and MMA athletes in marketing without clarifying that they weren’t clients and were compensated.

Commission 98

Commission Clients Investing Investments 98

Trade Brains

NOVEMBER 4, 2024

India is emerging as a major player in the pharmaceutical industry, particularly in developing cancer drugs. With rising cancer cases, India is expected to become the cancer capital in the coming years. This growth creates immense opportunities for pharmaceutical companies specializing in oncology treatments. Some of the top manufacturers in this sector are driving advancements in chemotherapy, immunotherapy, and targeted therapies.

Manufacturing 98

Manufacturing Pharmaceutical Planning Healthcare 98

Wealth Management

NOVEMBER 4, 2024

A number of new ETFs launched in October focused on large cap stocks.

Numbers 98

Numbers 98

Advisor Perspectives

NOVEMBER 4, 2024

RIAs could benefit from studying the mindset and behaviors embraced by venture capital firms.

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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

Wealth Management

NOVEMBER 4, 2024

Aspen Standard Wealth has taken a majority stake in Summitry, a $2.8 billion RIA, as it aims to hold wealth management firms permanently and solve some of their pain points.

Wealth Management 98

Wealth Management Marketing Marketing Management 98

Financial Symmetry

NOVEMBER 4, 2024

What is the difference between an HSA and an FSA? Both the health savings account (HSA) and the healthcare flexible spending arrangement (FSA) are account types that help lower your taxes and help you save for healthcare expenses. You may … Continued The post The Differences Between an HSA and an FSA appeared first on Financial Symmetry, Inc.

Healthcare 64

Healthcare Accounting Taxes 64

Wealth Management

NOVEMBER 4, 2024

Thiel has founded the new RIA alongside a number of former Merrill veterans.

Numbers 98

Numbers 98

Darrow Wealth Management

NOVEMBER 4, 2024

Looking to find fiduciary financial advisors and wealth managers? Only fiduciary advisors are legally bound to act in your best interest at all times. Here are five ways you can find a full-time fiduciary financial advisor. What is a fiduciary advisor? A fiduciary advisor is a financial professional who is legally obligated to act in the best interest of their clients.

Financial Advisor 53

Financial Advisor Certified Financial Planner Fiduciary Duty Fee Only 53

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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

Wealth Management

NOVEMBER 4, 2024

A single-minded strategy of tax avoidance is often not in a client’s best interest.

Taxes 98

Taxes 98

Random Roger's Retirement Planning

NOVEMBER 4, 2024

We spend a good bit of time looking at risk parity, trying to see if it can work in a retail accessible fund. There aren't too many of them and they don't seem to work very well. When I say work , I mean do what an investor would hope it would do, I don't necessarily mean accurately track the thing it is supposed to track because most of the ones that don't work are tracking correctly.

Retail 52

Retail Taxes Investing Investments 52

Wealth Management

NOVEMBER 4, 2024

Greater customization and fewer fees are behind the preference.

Financial Advisor 98

Financial Advisor Portfolio Planning 98

Trade Brains

NOVEMBER 4, 2024

One of the prominent Micro-Cap defence equipment manufacturers, specialising in advanced machine tools and indigenous submachine guns for military operations, has plunged 6% after being named in the US Treasury Department’s sanctions list. Share Price Movement Following the announcement, Lokesh Machines stock experienced significant turbulence in the market.

Manufacturing 64

Manufacturing Investment Advisor Communication Consulting 64

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

Wealth Management

NOVEMBER 4, 2024

Thiel has founded the new RIA alongside a number of former Merrill veterans.

Numbers 98

Numbers 98

Validea

NOVEMBER 4, 2024

In this episode, we sit down for a deep dive into lessons from value investor Tobias Carlisle, exploring several key insights from our conversations with him over the years. In this Halloween-themed episode (complete with plenty of Reese’s cups), we break down Toby’s perspectives on what makes an ideal business, the critical importance of survival in investing, portfolio concentration vs diversification, and whether today’s tech giants can maintain their dominance.

Investing 52

Investing Investments Financial Planner Portfolio 52

Wealth Management

NOVEMBER 4, 2024

A number of new ETFs launched in October focused on large cap stocks.

Numbers 97

Numbers 97