The Big Picture

OCTOBER 25, 2024

 This week, we speak with Toto Wolff , Team Principal & CEO of the Mercedes-AMG PETRONAS F1 Team. Prior to joining Mercedes, Toto spent time in the investment world, founding his own company Marchfifteen in 1998 and Marchsixteen in 2004. In 2009 Toto combined his passion for racing and business by investing in the Williams F1 Team. He eventually came to be the team’s Executive Director, helping to lead them toward their first win at the Spanish Grand Prix in eight years.

Healthcare 294

Healthcare Management Investing Investments 294

Nerd's Eye View

OCTOBER 25, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study by Cerulli Associates and Osaic found that at a time when consumers are increasingly seeking comprehensive planning relationships with their financial advisors, many advisors appear to be overestimating the comprehensiveness of the services they provide.

Financial Planner 246

Financial Planner Financial Advisor Estate Planning Compliance 246

A Wealth of Common Sense

OCTOBER 25, 2024

Earlier this week I wrote about how America is the envy of the world.1 There was plenty of pushback. Many Europeans pointed out we have plenty of other problems plus a far worse safety net than they do. Fair enough. There were also a lot of comments on inequality, even though I addressed that in the piece. It is worth noting research shows 40% of the rise in income inequality has been undone since 2020.

Economics 143

Economics 143

Wealth Management

OCTOBER 25, 2024

Kyle Wiggs, CEO of UX Wealth Partners, discusses the evolving role of TAMPs in wealth management.

Wealth Management 119

Wealth Management Management 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

Calculated Risk

OCTOBER 25, 2024

From STR: U.S. hotel results for week ending 19 October The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 19 October. 13-19 October 2024 (percentage change from comparable week in 2023): • Occupancy: 70.1% (+1.6) • Average daily rate (ADR): US$169.85 (+2.5%) • Revenue per available room (RevPAR): US$119.01 (+4.2%) emphasis added The following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.

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Trade Brains

OCTOBER 25, 2024

ACC Limited stands as a prominent player in the Indian cement industry. Founded in 1936, the company has built a strong reputation for quality and innovation. With a commitment to sustainability, ACC consistently invests in eco-friendly practices. Today, ACC offers a wide range of cement products, catering to various construction needs. The company focuses on enhancing customer satisfaction through superior service and reliable delivery.

Sales 105

Sales Investment Advisor Consulting Investing 105

Wealth Management

OCTOBER 25, 2024

The RIA acquirer sued Lars Knudsen earlier this year, alleging the advisor broke his non-compete after he was fired. He believes Hightower dismissed the charges because it expected a judge to rule in his favor.

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Trade Brains

OCTOBER 25, 2024

The share price of this Navratna Defence company was up by 6 percent from the day’s low on Friday after Reporting a net profit increase of 38 percent. Share Price Movement In Friday’s trading session, BEL’s share price was up by 6 percent from the day’s low of Rs. 257.40 touching the day’s high of Rs. 273.60. The stock was trading at Rs. 270 per share and was down around 0.63 percent from the previous close of Rs.271.40 per share.

Electronics 98

Electronics Investment Advisor Communication Consulting 98

Wealth Management

OCTOBER 25, 2024

The company's proprietary insights engine has been added to its Wealth Co-Pilot to help deliver personalized advice.

Engineering 109

Engineering 109

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

OCTOBER 25, 2024

One of the private bank stocks of Hinduja Group engaged in providing personal loans, vehicle financing, and credit cards. The stock has plunged by 18.76% after reporting a weak quarter of September in the financial year 2025. The company is also planning to operate an asset management company (AMC) within 6 to 9 months. Lets begin! Stock Movement After announcing its quarterly results, IndusInd Bank Limited’s share has plunged by 18.76% from the previous close of Rs 1,278.90.

Banking 98

Banking Retail Financial Services Assets 98

Wealth Management

OCTOBER 25, 2024

The deal comes a day after the private equity firm announced a majority stake in the $8.5 billion Americana Partners, a member of the Dynasty Financial Partners network.

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NAIFA Advisor Today

OCTOBER 25, 2024

November is National Long-Term Care Awareness Month, an annual campaign to raise awareness about the need for long-term care (LTC) planning and the financial, emotional, and physical impacts associated with it. The campaign is aimed at educating the public about the importance of preparing for the potential need for long-term care services, which include assistance with daily activities such as bathing, dressing, and eating, often needed due to aging, chronic illness, or disability.

Education 93

Education Planning 93

Alpha Architect

OCTOBER 25, 2024

The hurdles to adding alpha for active managers are getting higher—investment practitioners make use of it as soon as or shortly after it is available. Academic Anomalies Formed After Information Events was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Management 80

Management Investing Investments Marketing 80

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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

OCTOBER 25, 2024

This week on Take 5 (and from the Carson headquarters!) Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, VP, Global Macro Strategist at Carson Group, discuss all things gold! Gold is at all-time highs. Is it a bad thing? Tune in and hear Sonu and Ryan’s thoughts! The post Facts Vs Feelings Take 5 – Why Gold is Shining appeared first on Carson Wealth.

Marketing 72

Marketing Marketing Investing Investments 72

Calculated Risk

OCTOBER 25, 2024

The BEA will release the advance estimate of Q3 GDP next week. The consensus estimate is GDP increased at a 3.0% real annual rate in Q3, the same rate as in Q2. From BofA: Our 3Q GDP tracking estimate was unchanged this week. We expect the advance 3Q GDP estimate to print at 3.0% q/q saar , unchanged from 2Q. Underlying demand in the US economy continues to impress as we expect final sales to grow by 3.2% q/q saar, up from 2.9% in 2Q.

Economy 69

Economy Sales Investing Investments 69

Sara Grillo

OCTOBER 25, 2024

This is called crisis marketing and financial advisors may need it if they ever get into an embarrassing situation. Sound familiar? “We had a wacko employee and had to fire her for how she behaved towards our clients. This is majorly embarrassing. I’m not sure how to handle this. Do I just ignore it and hope people forget?” Okay here’s how you tackle stuff like this.

Financial Advisor 52

Financial Advisor Consulting Clients Media 52

Calculated Risk

OCTOBER 25, 2024

From the Philly Fed : The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for September 2024. Over the past three months, the indexes increased in 34 states, decreased in 10 states, and remained stable in six, for a three-month diffusion index of 48. Additionally, in the past month, the indexes increased in 36 states, decreased in seven states, and remained stable in seven, for a one-month diffusion index of 58.

Manufacturing 59

Manufacturing Banking Economics Numbers 59

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

Discipline Funds

OCTOBER 25, 2024

Here are some things I think I am thinking about this weekend: 1) NVIDIA Versus the World. Jason Zweig posted this incredible figure on Twitter the other day which shows the market cap of Nvidia versus the entire market cap of different countries. Nvidia is bigger than the Canadian, UK, French, German and Italian stock markets. It’s bigger than Germany and Italy COMBINED.

Government 52

Government Portfolio Marketing Marketing 52

Validea

OCTOBER 25, 2024

Dividend Kings represent the cream of the crop when it comes to dividend-paying stocks. These elite companies have increased their dividends for at least 50 consecutive years, demonstrating exceptional financial stability, consistent growth, and a strong commitment to shareholder returns. This remarkable achievement requires companies to maintain profitable operations through multiple economic cycles, recessions, and market downturns while continuously growing their payouts to shareholders.

Assets 52

Assets Valuation Sales Management 52

Advisor Perspectives

OCTOBER 25, 2024

Memory inflation of past events amplifies one's emotions and behaviors. As I will discuss, I believe that distress from recent price inflation is causing many investors to overly fear that a similar situation will reoccur.

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Random Roger's Retirement Planning

OCTOBER 25, 2024

Yesterday I mentioned the NASDAQ 7HANDL Index ETF (HNDL) and that I wanted to take a closer look at it in a separate post. The fund launched in early 2018, I heard about the fund from someone I knew from Claymore ETFs, a name that is long gone, and was then involved in HNDL. I was skeptical that the fund could maintain its objective of a 7% payout without eroding considerably.

Portfolio 52

Portfolio Taxes Investing Investments 52

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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

OCTOBER 25, 2024

Advisors and their clients who seek to take advantage of the potential rewards of private equity investing should understand the performance dispersion between top- and bottom-performing managers, a factor that heightens both the risk and opportunity. Since private equity investments are designed to be long-term investments where capital can be locked up for years, getting the manager selection wrong can be a vexing obstacle to success.

Management 52

Management Investing Investments Clients 52

Harness Wealth

OCTOBER 25, 2024

Filing taxes for the first time as a new limited liability company (LLC) owner can feel overwhelming. Between understanding your tax obligations, gathering the required documentation, and making the right deductions, the process may seem daunting. However, with the right information, filing your LLC’s small business taxes can be a manageable task.

Taxes 52

Taxes Distribution Insurance Consulting 52

Advisor Perspectives

OCTOBER 25, 2024

The S&P 500 finished the week ending October 25 with modest losses, down 0.96% from last Friday. The index is 0.96% away from its record close last week and is now up 22.46% year-to-date.

Marketing 52

Marketing Marketing 52

NAIFA Advisor Today

OCTOBER 25, 2024

A change in presidential administrations often brings changes that can significantly impact tax and estate planning. As we approach the sunset or possible extension of the Tax Cuts and Jobs Act (TCJA), financial professionals must prepare for what may be a new era of tax policy. At a time when the population is aging, and interest rates remain uncertain, these potential tax changes could have far-reaching consequences for financial planning strategies.

Estate Planning 52

Estate Planning Taxes Planning Financial Planning 52

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

OCTOBER 25, 2024

One of the only things growing faster than progress in AI applications is speculation about AI’s effect on the economy. I don’t have all the answers, not by a long shot, but I do think we should expect great unevenness in adaptation, and that itself will alter our world.

Economy 52

Economy 52

Trade Brains

OCTOBER 25, 2024

The FMCG sector is facing significant challenges, highlighted by disappointing quarterly results that have triggered a sharp decline in market indices. A slowdown in urban demand, coupled with rising input costs, has prompted analysts to reassess growth prospects, creating a complex environment for industry players. Urban Demand Slowdown Impacts FMCG Growth The FMCG sector encounters significant challenges as market leader Hindustan Unilever Limited (HUL) reports underwhelming Q2 results.

Portfolio 52

Portfolio Distribution Management Investment Advisor 52

Advisor Perspectives

OCTOBER 25, 2024

Economists nudged up quarterly US economic growth projections through early next year on more sanguine views of consumer demand and maintained views that limited inflation will keep the Federal Reserve on a path toward lower borrowing costs.

Economics 52

Economics 52