Abnormal Returns

AUGUST 15, 2024

Business Another example of advisors getting rich while their clients underperform to the tune of billions. (bloomberg.com) Pixar bounced back with 'Inside Out 2' but you shouldn't expect a return to the company's golden age. (readtrung.com) How the U.S. fell behind in the drone business. (noahpinion.blog) How the magazine business died. (honest-broker.com) Companies Nine takeaway from six months of the Apple ($AAPL) Vision Pro.

Economy 276

Economy Clients Planning 276

A Wealth of Common Sense

AUGUST 15, 2024

My colleague Alex Palumbo joined us on the show this week to discuss questions about how to deploy a big chunk of cash savings, how to diversify out of company stock, benchmarking financial performance and how to think about alpha when it comes to choosing a financial advisor. Further Reading: The Holy Grail of Portfolio Management 1The S&P 500 was up 9.8% per year while the 10 year Treasury gained 4.6% annually from.

Portfolio Management 111

Portfolio Management Financial Advisor Portfolio Management 111

Abnormal Returns

AUGUST 15, 2024

Companies Brian Niccol has his hands full with turning around Starbucks ($SBUX). (barrons.com) Apple ($AAPL) stock was a much bigger bargain when Buffett first purchased shares. (bloomberg.com) Why Airbus has been unable to take full advantage of Boeing's ($BA) woes. (nytimes.com) Finance It seems the SEC will approve just about any ETF these days. (ft.com) What VC returns look like in the real world.

Financial Advising 275

Financial Advising Commission Retail Sales 275

Wealth Management

AUGUST 15, 2024

Communify, which will merge with Fincentric to create a new company, is making the investment alongside private equity firm Stellex.

Investing 119

Investing Investments 119

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

Advisor Perspectives

AUGUST 15, 2024

The latest Philadelphia Fed manufacturing index fell into negative territory for the first time since January as manufacturing activity softened overall. In August, the index dropped to -7.0 from 13.9 in July, coming in below the forecast of 5.4. The six-month outlook decreased to 15.4.

Manufacturing 98

Manufacturing 98

Advisor Perspectives

AUGUST 15, 2024

Nominal retail sales in July were up 0.97% month-over-month (MoM) and up 2.66% year-over-year (YoY). However, after adjusting for inflation, real retail sales were up 0.81% MoM and down 0.25% YoY.

Retail 98

Retail Sales 98

Wealth Management

AUGUST 15, 2024

A new study claims that for every dollar spent on sports gambling, net investments in stocks and other financial instruments dropped by just over $2.

Investing 121

Investing Investments 121

Calculated Risk

AUGUST 15, 2024

The DOL reported : In the week ending August 10, the advance figure for seasonally adjusted initial claims was 227,000 , a decrease of 7,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 233,000 to 234,000. The 4-week moving average was 236,500, a decrease of 4,500 from the previous week's revised average.

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Wealth Management

AUGUST 15, 2024

Paul Hoskin will work out of Newport Beach, Calif., and is joining 10 of his former Key Client Group co-workers, who switched to Summit Trail in June.

Clients 109

Clients 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

Calculated Risk

AUGUST 15, 2024

On a monthly basis, retail sales increased 1.0% from June to July (seasonally adjusted), and sales were up 2.7 percent from July 2023. From the Census Bureau report : Advance estimates of U.S. retail and food services sales for July 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.7 billion, an increase of 1.0% from the previous month , and up 2.7 percent from July 2023.

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Retail Sales Food 76

Wealth Management

AUGUST 15, 2024

The Atlanta-based team decided to explore their options when their broke/dealer, Lincoln Financial, was acquired by Osaic.

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111

Calculated Risk

AUGUST 15, 2024

From the Fed: Industrial Production and Capacity Utilization Industrial production fell 0.6 percent in July after increasing 0.3 percent in June. Early July shutdowns concentrated in the petrochemical and related industries due to Hurricane Beryl held down the growth of industrial production by an estimated 0.3 percentage point. Manufacturing output stepped down 0.3 percent as the index for motor vehicles and parts fell nearly 8 percent; manufacturing excluding motor vehicles and parts rose 0.3

Manufacturing 73

Manufacturing 73

Wealth Management

AUGUST 15, 2024

Industry coach John Bowen demonstrates the benefits of building and fostering the development of your team.

Financial Advisor 111

Financial Advisor 111

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Accounting

Advisor Perspectives

AUGUST 15, 2024

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.

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Wealth Management

AUGUST 15, 2024

The Atlanta-based team decided to explore their options when their broke/dealer, Lincoln Financial, was acquired by Osaic.

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105

Advisor Perspectives

AUGUST 15, 2024

Builder confidence fell further in August as a lack of affordability and buyer hesitation continue to slow down the market. The National Association of Home Builders (NAHB) Housing Market Index (HMI) dropped to 39 this month, its lowest level of the year. The latest reading came was below the forecast of 43.

Marketing 59

Marketing Marketing 59

Wealth Management

AUGUST 15, 2024

Opto Investments and Conway Investment Solutions will be offering clients vintage private market funds.

Marketing 118

Marketing Marketing Clients Investing 118

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

Advisor Perspectives

AUGUST 15, 2024

For years, the emphasis within fixed income investing has been to seek security-specific alpha in an illiquid bond market where no single security significantly impacts portfolio returns.

Portfolio 59

Portfolio Investing Investments Marketing 59

Wealth Management

AUGUST 15, 2024

Defiance launched the Defiance Daily Target 1.75X Long MSTR ETF (MSTX), which looks to offer daily leveraged returns on MicroStrategy Inc.

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Calculated Risk

AUGUST 15, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, Housing Starts for July. The consensus is for 1.342 million SAAR, down from 1.353 million SAAR in June.

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Wealth Management

AUGUST 15, 2024

Take these steps to ensure your RIA is ready for an influx in advisors and clients.

Clients 121

Clients 121

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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

AUGUST 15, 2024

What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For July, Realtor.com reported inventory was up 36.6% YoY, but still down 30.6% compared to April 2017 to 2019 levels. Now - on a weekly basis - inventory is up 35.5% YoY. Realtor.com has monthly and weekly data on the existing home market.

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Sales Numbers Marketing Marketing 57

Wealth Management

AUGUST 15, 2024

When thinking about technology and clients, get back to basics and think first of the customer.

Clients 115

Clients 115

Calculated Risk

AUGUST 15, 2024

Today, in the Calculated Risk Real Estate Newsletter: MBA: Mortgage Delinquencies Increased in Q2 2024 A brief excerpt: From the MBA: Mortgage Delinquencies Increase in the Second Quarter of 2024 The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.97 percent of all loans outstanding at the end of the second quarter of 2024, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.

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Wealth Management

AUGUST 15, 2024

The products, which will be managed by a trio of portfolio managers who joined earlier this year from Invesco Ltd., will focus on lower-rated bonds.

Portfolio Management 93

Portfolio Management Portfolio Management 93

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

AUGUST 15, 2024

Warren Buffett’s longtime business partner Charlie Munger brought quality to value investing. Now Buffett is bringing value to quality investing.

Investing 59

Investing Investments Sales 59

Wealth Management

AUGUST 15, 2024

When thinking about technology and clients, get back to basics and think first of the customer.

Clients 105

Clients 105

Random Roger's Retirement Planning

AUGUST 15, 2024

ETF.com posted a very brief article where an advisor shared his portfolio allocation and a few high level comments about the particulars. Here's the portfolio. He's 100% equities except he sort of isn't. He has a 10% cash buffer outside of this allocation. The idea behind being so heavy in equities is that he is taking a very long time horizon being 47 with no plans to retire anytime soon.

Portfolio 52

Portfolio Retirement Taxes Planning 52