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 307

Investing Investments 307

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 278

Economy Clients Planning 278

Wealth Management

AUGUST 15, 2024

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

Clients 304

Clients 304

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 278

Financial Advising Commission Retail Sales 278

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

Numbers

Wealth Management

AUGUST 15, 2024

Funds that include secondary investments in private assets are a good gateway for investors new to alternative assets and are growing in popularity.

Financial Advisor 300

Financial Advisor Assets Investing Investments 300

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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204

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.

Retail 195

Retail Sales Food 195

Wealth Management

AUGUST 15, 2024

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

Marketing 297

Marketing Marketing Clients Investing 297

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 189

Manufacturing 189

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 294

Portfolio Management Portfolio Management 294

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

Accounting

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.

147

147

Wealth Management

AUGUST 15, 2024

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

Clients 288

Clients 288

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.

Sales 147

Sales Numbers Marketing Marketing 147

Wealth Management

AUGUST 15, 2024

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

278

278

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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

Accounting

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.

147

147

Wealth Management

AUGUST 15, 2024

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

Financial Advisor 278

Financial Advisor 278

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 131

Portfolio Management Financial Advisor Portfolio Management 131

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 274

Clients 274

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Sales

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

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

265

265

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

Wealth Management

AUGUST 15, 2024

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

Clients 263

Clients 263

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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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59

Wealth Management

AUGUST 15, 2024

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

263

263

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

Tuesday, September 17, 2024 at 2:00 PM ET

Portfolio 262

Portfolio 262

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

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

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

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

Validea

AUGUST 15, 2024

Applied Materials, Inc. (AMAT) reported strong financial results for the third quarter of 2024 today, surpassing analysts’ expectations. The company achieved a record revenue of $6.78 billion, which marked a 5% increase from the same period last year and exceeded the consensus estimate of $6.673 billion. The adjusted earnings per share (EPS) also outperformed expectations, reaching $2.12, compared to the anticipated $2.02 per share.

Valuation 52

Valuation Management Investing Investments 52

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Accounting