Abnormal Returns
SEPTEMBER 25, 2023
Cash Advisers are seeing more clients interested in cash. (etf.com) Higher yields are going to be a headwind for risky asset classes. (mrzepczynski.blogspot.com) Finance Zero-day options make up 50% of the S&P 500 options volume. (ft.com) Betterment is closing two of its crypto strategies. (citywire.com) Companies Amazon ($AMZN) just made a big investment in AI startup Anthropic.
Nerd's Eye View
SEPTEMBER 25, 2023
In the mid-20th century, the first phone call for a person who needed guidance on saving or planning for retirement was likely to be to a stockbroker or a mutual fund or insurance salesperson. But while some of these salespeople may have certainly been able to provide sound advice, there was really no way at that time for a consumer to know which among the many brokers and agents out there were actually capable of giving true and sound advice that would help them reach their goals.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abnormal Returns
SEPTEMBER 25, 2023
Podcasts Michael Kitces talks with Jessica Polito of Turkey Hill Management about helping RIAs owners through the M&A process. (kitces.com) Frazer Rice talks with Doug White about when philanthropic plans go awry. (podcasts.apple.com) Future Proof A recap of Future Proof 2023 and what it is to come. (riabiz.com) Future Proof shouldn't work, but it does.
Advisor Perspectives
SEPTEMBER 25, 2023
By applying artificial intelligence and Chat GPT to statements made by active fund managers, researchers have found that their underperformance can be partly explained by overconfidence that led to, among other things, excessive risk taking.
Advertisement
It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
Calculated Risk
SEPTEMBER 25, 2023
I stopped the weekly updates of high frequency indicators at the end of 2022. Here is a late September look at four indicators: -- Airlines: Transportation Security Administration -- The TSA is providing daily travel numbers. This data is as of September 24th. Click on graph for larger image. This data shows the 7-day average of daily total traveler throughput from the TSA for 2019 (Light Blue), 2020 (Black), 2021 (Blue), 2022 (Orange) and 2023 (Red).
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Trade Brains
SEPTEMBER 25, 2023
We use many types of 5 rupee coins, most of which are somewhat gold-coloured, featuring symbols of India’s 75 years of independence, images of prominent faces, or something unique. But when was the last time you saw those old thick and heavy Rs. 5 coins? It’s been a while, right? Now, if you take a look at your wallet or ask for a Rs. 5 coin, you’ll see a difference.
Wealth Management
SEPTEMBER 25, 2023
Value losses attributed to WeWork could reach $7 billion under a worst case scenario, according to an analysis from CoStar. The Wall Street Journal examined the state of San Francisco’s struggling real estate market. These are among the must reads from the real estate investment world to start the new week.
Cornerstone Financial Advisory
SEPTEMBER 25, 2023
Weekly Market Insights: Stocks End Summer With Gloomy News Presented by Cornerstone Financial Advisory, LLC Rising bond yields and fears of a government shutdown hammered stocks last week, with technology shares bearing the brunt of the retreat. The Dow Jones Industrial Average lost 1.89%, while the Standard & Poor’s 500 dropped 2.93%. The Nasdaq Composite index tumbled 3.62% for the week.
Wealth Management
SEPTEMBER 25, 2023
Pitcairn CEO Leslie Voth is passing the torch of the century-old firm to Andrew Busser next month.
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.
Advisor Perspectives
SEPTEMBER 25, 2023
The Big Myth is the remarkable, and largely untold, story of how America fell in love with market fundamentalism.
Wealth Management
SEPTEMBER 25, 2023
Vista Financial Advisors registered in 2021 and soon claimed it managed more than $11.5 trillion—with a "T"—with no evidence of any legitimate assets at all, according to the commission.
Trade Brains
SEPTEMBER 25, 2023
Best Aluminium Stocks in India: Aluminium is a highly versatile metal that is valued for its lightness, corrosion resistance, and adaptability. It is used in a wide range of industries, from aerospace and automotive to construction and packaging. As demand for this metal grows worldwide, investing in stocks related to aluminium presents a promising opportunity.
Wealth Management
SEPTEMBER 25, 2023
Wellesley Asset Management failed to properly disclose that it used hypothetical performance in advertisements for an index it created, according to the commission.
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
The Irrelevant Investor
SEPTEMBER 25, 2023
In 2015, Jeremy Grantham, the self-proclaimed bubble historian, wrote: I consider myself a bubble historian and one who is eager to see one form and break: I have often said that they are the only really important events in investing. I have come to believe, however, very reluctantly, that we bubble historians have, together with much of the market, been a bit brainwashed by our exposure in the last 30 years to 4 of the p.
Wealth Management
SEPTEMBER 25, 2023
DWS has been under scrutiny by various agencies including the SEC since a former employee went public over two years ago with cliams that the asset manager had inflated its ESG credentials.
Carson Wealth
SEPTEMBER 25, 2023
The September swoon continued last week, as stocks sold off hard after the Fed’s decision to leave interest rates unchanged. This type of seasonal weakness shouldn’t be a surprise. We’ve been discussing the potential for August and September volatility for a while now. It’s important to remember the S&P 500 had its best start after seven months to any year since 1997, so some type of weakness in the troublesome months of August and September is normal.
Wealth Management
SEPTEMBER 25, 2023
The inaugural BeFi Summit has been scheduled from 10 a.m. to noon CST Friday, Nov. 3.
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.
A Wealth of Common Sense
SEPTEMBER 25, 2023
Today’s Talk Your Book is brought to you by Direxion: On today’s show, we spoke with Ed Egilinsky, Managing Director and Head of Alternatives to discuss the use of leverage in a portfolio and investing in China. On today’s show, we discuss: How leveraged strategies are created How the timing and path of the underlying ETF affects compounding Using flows as a trading signal Looking at the China trade wi.
Alpha Architect
SEPTEMBER 25, 2023
The article explores the limitations of traditional country-level stock market indexes that are constructed based on the domicile of issuing firms. Geographic Investing and Company Operations was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.
Darrow Wealth Management
SEPTEMBER 25, 2023
More homeowners have been renovating their homes instead of buying due to housing prices. While continuing to build equity in your home can be advantageous financially, navigating a construction project isn’t easy. And when something goes wrong, many homeowners are surprised to learn of gaps in their insurance coverage or their contractor’s.
Calculated Risk
SEPTEMBER 25, 2023
Altos reports that active single-family inventory was up 1.8% week-over-week. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of September 22nd, inventory was at 527 thousand (7-day average), compared to 519 thousand the prior week. Year-to-date, inventory is up 7.6%. And inventory is up 30.2% from the seasonal bottom 23 weeks ago.
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.
XY Planning Network
SEPTEMBER 25, 2023
As a Network Navigator on Team XYPN, I’ve had the pleasure of talking with hundreds of advisors who were ready to start, grow, or scale their RIA—or were considering it, but had questions about how XYPN could help make it possible. As you can imagine, no matter what their “it” was, they asked a lot of really good questions. And, since they took the time to ask, I decided to take the time to gather the top ten questions and provide answers here, for everyone else.
Wealth Management
SEPTEMBER 25, 2023
Companies making environmental, social and governance claims are bumping up against an increasingly skeptical wall of investors looking for more than just lofty ESG talk.
Advisor Perspectives
SEPTEMBER 25, 2023
The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for September. The latest general business activity index came in at -18.1, down 0.9 from last month. This is the first monthly decline in the general business activity index in the past 4 months and marks the 17th consecutive month it has been in contraction territory.
Calculated Risk
SEPTEMBER 25, 2023
From Matthew Graham at Mortgage News Daily: Mortgage Rates Officially Hit New Multi-Decade Highs For the average lender, a top tier 30yr fixed rate is now over 7.5% for the first time in at least 22 years. The average borrower (not "top tier") is seeing rates that are even higher. This assumes an adjustment for discount points. Many loans are being quoted with points currently, and in those cases, the note rate would be a bit lower. [ 30 year fixed 7.51% ] emphasis added Tuesday: • At 9:00 AM ET
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.
Wealth Management
SEPTEMBER 25, 2023
Pimco is also poised to pounce on portfolios being sold by banks that are retrenching.
Calculated Risk
SEPTEMBER 25, 2023
Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in August A brief excerpt: 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. In addition, we can look for regional differences.
Advisor Perspectives
SEPTEMBER 25, 2023
The Chicago Fed's National Activity Index is based on 85 economic indicators drawn from four broad categories of data. Two of the four broad categories of indicators used to construct the index decreased from July. All four categories made negative contributions in August.
Expert insights. Personalized for you.
278 
Let's personalize your content