Abnormal Returns
MAY 23, 2024
Strategy How modern investment scams use stolen identities to work. (sherwood.news) Bad actors are abusing your most valuable asset, attention. (theirrelevantinvestor.com) Companies DuPont ($DD) is splitting into three companies. (edition.cnn.com) Live Nation ($LYV) is being sued by the DoJ for anti-trust violations. (hollywoodreporter.com) More companies are mentioning AI in their earnings calls.
A Wealth of Common Sense
MAY 23, 2024
A reader asks: Do you guys really think foreign investsments and private equity really aren’t driving up housing prices? It really seems like it is. I understand the sentiment here. The housing market is broken right now for a lot of people. The blame is simply misplaced here. It’s not Blackrock or Blackstone or any other institutional investor who is causing the lack of supply in the housing market.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Carson Wealth
MAY 23, 2024
One of the most important decisions you’ll make when designing your estate plan is who to name in the various fiduciary roles: trustee, personal representative, executor and agent. While a critical decision, it’s often given significantly less thought than the distribution of your assets. But even a meticulously designed estate plan drafted by an accomplished estate planning attorney can fail to achieve its purpose if the trustee fails to administer the trust properly.
Wealth Management
MAY 23, 2024
Financial advisors were split on the current state of the economy, while a majority held a positive view of the stock market in April, according to WealthManagement.com's Advisor Sentiment Index.
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.
The Better Letter
MAY 23, 2024
I was pretty sick this week, so this missive is an adapted version of one I wrote in the early days of TBL. If you were an early adopter (the first five percent or so), you may remember it. The Beatles’ Sgt. Pepper’s Lonely Hearts Club Band was a masterpiece when it was released in June of 1967, heralding the Summer of Love. It was the first-ever concept album.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Million Dollar Round Table (MDRT)
MAY 23, 2024
By Bryce Sanders Impress your clients and score points with your manager by embracing punctuality. Here’s how it can make you stand apart from other advisors: The late start to office meetings. We have all been there. The office sets up a lunch-and-learn or a company training that’s scheduled for 1 p.m. About half the room is filled. Your sales manager says, “We will delay the start until the latecomers arrive.
Wealth Management
MAY 23, 2024
The digital-focused advisory recruits advisors from UBS, Farther and others, bringing its total assets to over $400 million.
Calculated Risk
MAY 23, 2024
The DOL reported : In the week ending May 18, the advance figure for seasonally adjusted initial claims was 215,000 , a decrease of 8,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 222,000 to 223,000. The 4-week moving average was 219,750, an increase of 1,750 from the previous week's revised average.
Wealth Management
MAY 23, 2024
The two firms announced an exclusive partnership focused on offering hybrid public-private investments across asset classes.
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.
Advisor Perspectives
MAY 23, 2024
Corporate America is buying back its own shares at a near record pace, despite a new one percent buyback excise tax instituted in 2023. While buybacks are often criticized, they are wonderful for investors – though probably not in the way most people think.
Wealth Management
MAY 23, 2024
Ethereum ETFs from BlackRock, Grayscale and others are one step closer to being available on the NYSE Arca, Nasdaq and Cboe BZX exchange.
Calculated Risk
MAY 23, 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 April, Realtor.com reported inventory was up 30.4% YoY, but still down almost 36% 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.
Wealth Management
MAY 23, 2024
iCapital anticipates expanding its digital ledger technology to more funds on its platform later in the year.
Advertisement
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.
Advisor Perspectives
MAY 23, 2024
There’s no denying that human emotions play a role in managing money. Even someone who’s usually level-headed can get caught up in excitement, fear, or uncertainty.
Wealth Management
MAY 23, 2024
A convergence of factors creates a tsunami of opportunities for advisors to demonstrate their value.
Advisor Perspectives
MAY 23, 2024
The April release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 634,000 units, lower than the 677,000 forecast. New home sales are down 4.7% month-over-month from a revised rate of 665,000 in March and are down 7.7% from one year ago.
Wealth Management
MAY 23, 2024
Gorman's decision to step down after giving up the CEO role in January is seen as a vote of confidence in Pick’s leadership.
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
Advisor Perspectives
MAY 23, 2024
In the week ending May 18, initial jobless claims were at a seasonally adjusted level of 215,000, a decrease of 8,000 from the previous week's figure. The latest reading is lower than the forecast of 220,000 jobless claims.
Wealth Management
MAY 23, 2024
Issuers including Fidelity Investments and Ark Investment Management have eliminated plans for “staking” the Ether they would purchase for the proposed funds if they’re approved.
Calculated Risk
MAY 23, 2024
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, Durable Goods Orders for April from the Census Bureau. The consensus is for a 0.6% decrease in durable goods orders. • At 10:00 AM, University of Michigan's Consumer sentiment index (Final for May). The consensus is for a reading of 67.4.
Wealth Management
MAY 23, 2024
The available advocacy tools aren’t as fraught or complicated as they may seem, and the payoff for communities is huge.
Advertisement
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.
Calculated Risk
MAY 23, 2024
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Decrease to 634,000 Annual Rate in April Brief excerpt: Note: there were some seasonal revisions back to 2019, and significant changes to house prices and price distribution in this release. The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 634 thousand.
Wealth Management
MAY 23, 2024
JPMorgan's asset-management unit, which handles money for wealthy people and institutions including endowments and pension funds, is seeking to grow its private credit offerings.
Advisor Perspectives
MAY 23, 2024
Since the pandemic-related fiscal stimulus, the outstanding Federal debt has risen appreciably. In nominal dollar terms, the recent debt surge is mindboggling. However, the increase is on par with the government’s negligence over the last fifty years.
Wealth Management
MAY 23, 2024
Large core and large growth managers fared the best, according to Zephyr data.
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!
Advisor Perspectives
MAY 23, 2024
The latest Kansas City Fed Manufacturing Survey composite index increased in May as did future expectations. The composite index came in at -2, up from -8 in April, while the future outlook rose to 6.
Wealth Management
MAY 23, 2024
The United States has pushed back on a global minimum wealth tax on billionaires.
Advisor Perspectives
MAY 23, 2024
The Chicago Fed National Activity Index (CFNAI) fell to -0.23 in April from -0.04 in March. Three of the four broad categories of indicators used to construct the index decreased from March and all four categories made negative contributions in April. The index's three-month moving average, CFNAI-MA3, rose to +0.01 in April from -0.17 in March.
Expert insights. Personalized for you.
259 
Let's personalize your content