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 188

Estate Planning Planning Communication Taxes 188

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 159

Wealth Management Financial Advising Wealth Advisor Compliance 159

The Big Picture

NOVEMBER 4, 2024

My back-to-work morning train WFH reads: • Meet the ‘super users’ who tap AI to get ahead at work : Workers say using AI tools like ChatGPT every day supercharges their efforts and saves them time on the job. ( Washington Post ) • Defining Bull and Bear Markets : There are some loosely accepted definitions but you have secular bull and bear markets as well as cyclical bull and bear markets.

Electronics 144

Electronics Startup Healthcare Management 144

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 135

Commission Clients Investing Investments 135

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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

Calculated Risk

NOVEMBER 4, 2024

Altos reports that active single-family inventory was unchanged week-over-week. The first graph shows the seasonal pattern for active single-family inventory since 2015. Click on graph for larger image. The red line is for 2024. The black line is for 2019. Inventory was up 29.8% compared to the same week in 2023 (last week it was up 30.8%), and down 19.4% compared to the same week in 2019 (last week it was down 20.7%).

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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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Calculated Risk

NOVEMBER 4, 2024

Today, in the Real Estate Newsletter: ICE Mortgage Monitor: "Annual home price growth cooled for the seventh consecutive month" Brief excerpt: One of the key metrics to watch for mortgage stress is early-stage delinquencies. These are borrowers that are delinquent within 6 months of origination. This was one of the obvious warning signs during the housing bubble.

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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

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 98

Marketing Marketing 98

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

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

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 92

Commission Clients Investing Investments 92

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

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 93

Wealth Management Marketing Marketing Management 93

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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

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 91

Marketing Marketing Economy Numbers 91

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 89

Wealth Management Marketing Marketing Management 89

XY Planning Network

NOVEMBER 4, 2024

Staying on top of your compliance tasks and responsibilities as an RIA can often seem overwhelming – especially for those whose compliance accountabilities are only part of their role. This business area may often seem the least exciting and have the least amount of management training or experience. At XYPN, we support many advisers in putting efficient and effective compliance policies and procedures into place and refining various aspects of their compliance program to know what to do when th

Compliance 77

Compliance Consulting Accounting Management 77

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 87

Commission Clients Investing Investments 87

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

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 Communication Investment Advisor Consulting 64

Wealth Management

NOVEMBER 4, 2024

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

Taxes 128

Taxes 128

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

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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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

Calculated Risk

NOVEMBER 4, 2024

From Matthew Graham at Mortgage News Daily: Mortgage Rates Start Week Slightly Lower as Election Volatility Works Both Ways Love it or hate it, election-related volatility has been having a big impact on the bond market and, thus, mortgage rates. Mortgage rates didn't react in an extreme fashion, but the average lender moved back down toward 7% for a top tier conventional 30yr fixed scenario.

Marketing 62

Marketing Marketing 62

Wealth Management

NOVEMBER 4, 2024

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

Numbers 102

Numbers 102

Calculated Risk

NOVEMBER 4, 2024

This was released on Friday. From the Census Bureau reported that overall construction spending decreased: Construction spending during September 2024 was estimated at a seasonally adjusted annual rate of $2,148.8 billion, 0.1 percent above the revised August estimate of $2,146.0 billion. The September figure is 4.6 percent above the September 2023 estimate of $2,055.2 billion. emphasis added Private spending was unchanged and public spending increased: Spending on private construction was at a

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Wealth Management

NOVEMBER 4, 2024

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

Taxes 92

Taxes 92

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 4, 2024

Stocks struggled for direction, bonds rose and the dollar fell, with polls continuing to depict a tight race in the US presidential election ahead of the Federal Reserve decision.

Marketing 52

Marketing Marketing 52

Wealth Management

NOVEMBER 4, 2024

Greater customization and fewer fees are behind the preference.

Financial Advisor 102

Financial Advisor Portfolio Planning 102

A Wealth of Common Sense

NOVEMBER 4, 2024

Today’s Talk Your Book is sponsored by LifeX: See here for more information on the LifeX Longevity Income ETFs On today’s show, we discuss: How the Longevity Income ETFs work How this product fits within the income market What LifeX is investing in Aligning spending and financial plans with predictable cash flow Understanding bond ladders and why they work well within ETFs How the inflation-adjusted longevi.

Financial Planning 52

Financial Planning Planning Investing Investments 52