Nerd's Eye View

NOVEMBER 29, 2023

The traditional way that most financial planning has been offered was for an advisor to create "The Plan": a comprehensive document outlining a client's financial strategy that was delivered either on a one-time basis or updated annually. However, as the industry has shifted towards an ongoing relationship model, advisors have felt compelled to demonstrate consistent value to their clients throughout the year.

Planning 220

Planning Financial Planning Clients Communication 220

The Reformed Broker

NOVEMBER 29, 2023

Ladies and gentlemen, this is the final post I will be publishing at The Reformed Broker. After today the site will be inactive, forever. I began this blog in November 2008 without any idea where it would take me. I had a negative net worth, was working at a dead-end brokerage firm job and absolutely no career prospects whatsoever – a washed up stock broker at 31 years old in the middle of a global financial crisis.

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72

Abnormal Returns

NOVEMBER 29, 2023

Podcasts Christine Benz and Jeff Ptak talk with Tiffany Aliche, author of the new book "Made Whole: The Practical Guide to Reaching Your Financial Goals." (morningstar.com) Christine Benz and Jeff Ptak talk with Mike Moran, managing director and pension strategist for Goldman Sachs ($GS) about the state of retirement preparedness. (morningstar.com) Same As Ever Lessons learned from Morgan Housel's new book "Same As Ever: Timeless Lesson on Wealth, Greed and Happiness.

Retirement 278

Retirement Retirement Planning Budgeting Portfolio 278

Carson Wealth

NOVEMBER 29, 2023

By Matt Lewis, CLTC ® , Vice President, Insurance In today’s world it’s fair to say that most reasonable people believe they are going to live a long life. And when you live a long life, it’s also fair to say that sooner or later, we’re going to need some form of care. Seven out of 10 people will eventually require long-term care in their lifetime. 1 How expensive that care is depends on where you live.

Planning 143

Planning Insurance Assets Financial Advisor 143

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Accounting

Abnormal Returns

NOVEMBER 29, 2023

Strategy It can take awhile for investors to come around to a bull market. (ritholtz.com) It's hard to be a pessimistic long-term investor. (blog.validea.com) Rates Positive real interest rates give bond investors a cushion. (alphaarchitect.com) Is the top finally in for mortgate rates? (mortgagenewsdaily.com) Crypto Does Binance really have a second life, post-indictment?

Financial Advising 278

Financial Advising Media Banking Economy 278

Calculated Risk

NOVEMBER 29, 2023

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey — Mortgage applications increased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 24, 2023. This week’s results include an adjustment for the observance of the Thanksgiving holiday.

Marketing 119

Marketing Marketing 119

Wealth Management

NOVEMBER 29, 2023

McHale succeeds Mark Seffinger, who is leaving the firm; he'll report to Executive Vice President and Chief Risk Officer Brent Simonich.

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Calculated Risk

NOVEMBER 29, 2023

Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie Serious Delinquencies in October: Single Family Declined, Multi-Family Increased Brief excerpt: Single-family serious delinquencies continued to decline in October, however, multi-family serious delinquencies increased. Freddie Mac reports that multi-family delinquencies increased to 0.26% in October, up from 0.15% in October 2022.

Marketing 117

Marketing Marketing 117

Wealth Management

NOVEMBER 29, 2023

Ryan Parker, CEO of EP Wealth, sheds light on the firm’s intentional M&A strategy and what it means for the company’s development.

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120

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.

Assets

Advisor Perspectives

NOVEMBER 29, 2023

Content creation is a lot like building furniture; you need a plan and the right components.

Planning 115

Planning 115

Wealth Management

NOVEMBER 29, 2023

Federal court finds foreign tax credit can offset net investment income tax.

Taxes 119

Taxes Investing Investments 119

Steve Feinberg

NOVEMBER 29, 2023

At Appletree Business Services, everything we do is for our clients—from bookkeeping to payroll and more. And while hearing their feedback is more than enough for us, it’s always nice when our services are recognized by the wider industry. That’s why we’re proud to announce that Appletree is the recipient of the Clutch Global and Clutch Champion awards for 2023 in recognition of our commitment to excellence in the small business accounting services field.

B2B 98

B2B Ethics Clients Accounting 98

Wealth Management

NOVEMBER 29, 2023

Money is personal. Wealth management should be as well.

Wealth Advisor 119

Wealth Advisor Wealth Management Management 119

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

Management

Advisor Perspectives

NOVEMBER 29, 2023

Ever since Alan Turing’s “imitation game,” we’ve been acutely aware of the importance of measuring the capabilities of computers against our own miraculous brains.

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Wealth Management

NOVEMBER 29, 2023

They could expand the number of accounts that qualify as DAFs and the pool of persons subject to applicable excise taxes.

Taxes 118

Taxes Accounting Numbers 118

A Wealth of Common Sense

NOVEMBER 29, 2023

Today’s Animal Spirits is brought to you by the Victory Shares Free Cash Flow ETF: See here for more information on getting exposure to high-quality companies with trailing and expected free cash flow Register here for Episode 2 of The Smoke Show, on November 29th at 2PM Eastern On today’s show, we discuss: A default cycle has started, but credit spreads remain tight Billions wiped out as stock-safety tra.

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Wealth Management

NOVEMBER 29, 2023

Iconic investor Charlie Munger left a lengthy record of the keys to his success, delivered with his trademark bluntness and humor.

Investing 118

Investing Investments 118

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

NOVEMBER 29, 2023

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 218 thousand from 209 thousand last week. • Also at 8:30 AM, Personal Income and Outlays, October 2023. The consensus is for a 0.2% increase in personal income, and for a 0.2% increase in personal spending.

Sales 72

Sales Management 72

Wealth Management

NOVEMBER 29, 2023

Draft estate planning documents with flexibility to account for a future diagnosis.

Estate Planning 115

Estate Planning Accounting Planning 115

Calculated Risk

NOVEMBER 29, 2023

Fed's Beige Book "This report was prepared at the Federal Reserve Bank of Atlanta based on information collected on or before November 17, 2023." On balance, economic activity slowed since the previous report , with four Districts reporting modest growth, two indicating conditions were flat to slightly down, and six noting slight declines in activity.

Economics 69

Economics Transportation Manufacturing Sales 69

Wealth Management

NOVEMBER 29, 2023

While clients and funding remain under wraps, Tokenbridge has plans to tokenize and revitalize the investment industry.

Distribution 115

Distribution Startup Clients Planning 115

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Clients

Calculated Risk

NOVEMBER 29, 2023

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in September A brief excerpt: NOTE: Starting next month, I’ll add some comparisons to 2019 data (pre-pandemic)! Each month I track closed sales, new listings and active inventory in a sample of local markets around the country (over 40 local housing markets) in the US to get an early sense of changes in the housing market.

Marketing 69

Marketing Marketing Sales 69

Wealth Management

NOVEMBER 29, 2023

Open, honest and candid discussion about fund lawsuits, DC plan trends, 403(b) use of PEPs.

Planning 115

Planning 115

Calculated Risk

NOVEMBER 29, 2023

From the BEA: Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2023 Real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023 , according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.1 percent.

Government 69

Government Economics Investing Investments 69

Wealth Management

NOVEMBER 29, 2023

In a session that lasted more than two hours, the justices suggested that people accused of fraud by the SEC have a constitutional right to go before a federal court jury, at least when the commission is seeking civil penalties.

Commission 114

Commission 114

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

Advisor Perspectives

NOVEMBER 29, 2023

Real gross domestic product increased at an annual rate of 5.2% in Q3 2023, according to the second estimate. The latest estimate is higher than the forecasted 4.9% growth and is more than double the pace of the Q2 2023 GDP final estimate of 2.1%.

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Wealth Management

NOVEMBER 29, 2023

Fractionalized investments and distributed ledger technology will take the friction, and embedded costs, out of investing, Tokenbridge's founders say.

Investing 110

Investing Investments Distribution 110

Advisor Perspectives

NOVEMBER 29, 2023

Bitcoin's price hovered about $37,000 this past week as the digital currency closed each day of the past week between $37,000 and $38,000. BTC is now up ~126% year to date. Here's the latest charts on three of the largest cryptocurrencies by market share through 11/28.

Marketing 64

Marketing Marketing 64