Thu.Nov 07, 2024

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Wholesale Used Car Prices Decreased in October; Down 3.2% Year-over-year

Calculated Risk

From Manheim Consulting today: Wholesale Used-Vehicle Prices Declined in October Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in October compared to September. The Manheim Used Vehicle Value Index (MUVVI) fell to 202.8, a decline of 3.2% from a year ago. The seasonal adjustment to the index reduced the change for the month, as non-seasonally adjusted values declined at a higher rate.

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Why Younger Investors Are Embracing Private Markets

Wealth Management

Private markets are where the public markets were 30 years ago when investment choices were abundant and information sporadic.

Marketing 304
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FOMC Statement: 25bp Rate Cut

Calculated Risk

Fed Chair Powell press conference video here or on YouTube here , starting at 2:30 PM ET. FOMC Statement: Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated.

Economics 147
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The Ideal Welcome Email Sequence

Wealth Management

A three-step process that delivers enough value without being over-the-top.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Friday: No Major Economic Releases

Calculated Risk

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for November).

Economics 147
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The Diamond Podcast for Financial Advisors: eMoney's CEO on How to Elevate the Planning Experience

Wealth Management

eMoney's Susan McKenna explores the fintech firm’s evolution, competitive edge and the role of technology in wealth management.

More Trending

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Three Asset Managers Partner to Offer Custom ETF Models

Wealth Management

Burney, Rayliant and Clough Capital Partners formed a joint venture to create Powered by ETFs, which incorporates U.S. and international equities and alternative investments.

Assets 278
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Enhance Your Financial Planner SEO Using SEM

Midstream Marketing

Key Highlights Learn how to improve your financial planner’s online visibility by using SEO and SEM wisely. Understand how SEO and SEM work together. They help attract the right leads and improve your search engine rankings. Find out what SEO means. This includes content marketing, keyword research, and tips to enhance your website for search engines.

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How Intelligent Automation Drives Growth in Financial Services

Wealth Management

The real value of IA emerges when it substantially improves operations, enabling organizations to launch better products, attract new customers and increase revenue.

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Making Money from Market Chaos | Inside the Volatility World with Kris Sidial

Validea

In this episode of Excess Returns, Jack Forehand and special guest host Brent Kochuba dive deep into the world of long volatility and tail risk strategies with Kris Sidial, founder of the Ambrus Group. Kris shares invaluable insights from his experience managing volatility-focused strategies and navigating major market events. Key Topics Covered: How long volatility strategies work and their role in investment portfolios Behind-the-scenes look at managing vol strategies during market crashes The

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What Your Financial Statements Are Telling You—And How to Listen!

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.

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Judge Reaffirms Morgan Stanley Deferred Comp Plans Fall Under ERISA

Wealth Management

The decision underscores a previous ruling partially favoring former Morgan Stanley advisors who fought with the wirehouse in arbitrations.

Planning 274
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Options Trading For Beginners: Protect Your Investments

Talon Wealth

Markets are near all-time highs, and volatility is a growing concern, especially with an election approaching. Many people face the challenge of protecting gains without selling positions. Options, particularly “puts” and “calls,” can offer a solution. A put option allows you to sell a stock at today’s price in the future, which can protect your gains if you’re worried about a downturn.

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Cetera CEO Adam Antoniades to Step Down By Year-End

Wealth Management

Mike Durbin, CEO of Cetera Holdings, will assume Antoniades’ role, the company confirmed.

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NAIFA’s Impact and the Future of Advisors With Cliff Wilson

NAIFA Advisor Today

Cliff Wilson is an industry veteran and past National President of NAIFA with a wealth of experience, having served in various leadership roles, including building and leading a general agency. With his roots in rural Idaho, he has spent over 50 years in the financial services industry, championing the importance of ethics, education, and advocacy. Cliff has left a lasting legacy mentoring young advisors, demonstrating a deep commitment to the growth and development of professionals in the field

Ethics 52
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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

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

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A Guide for Building a Strong Mentorship Program

Wealth Management

A mentorship program provides opportunities for employees to build strong relationships, learn from each other, and grow in their personal development.

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Forced Equity Buyers?

Random Roger's Retirement Planning

As markets and pundits are now sorting out what the election results mean for markets, Bloomberg had an interesting segment early in the day that the results could be good for event driven investing which includes mergers and more relevant to my interests, merger arbitrage. We'll see how that pans out but one interesting idea put out in that conversation what that Qualcom (QCOM) might try to buy Intel (INTC).

Media 52
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$2B Team Joins Fifth Third Wealth Advisors from TIAA-CREF

Wealth Management

Advisors Scott Bailey, Scott Cislo and Murray Kinlaw have joined Fifth Third Wealth Advisors, the RIA launched by Fifth Third Bank in 2022.

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Does Nvidia’s CEO Dream of Electric Androids?

Advisor Perspectives

One of the memorable moments of Nvidia Corp.’s most recent conference for developers came toward the end of the chip giant’s semi-annual event.

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Book of Secrets on the Month-End Close

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.

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$6.5B Callan Family Office Launches Tax Overlay Program

Wealth Management

The RIA has taken a stake in Aris Investing, a tech-enabled SMA platform, which is powering the new program.

Taxes 264
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The CRO as the Navigator of the Business

Norman Marks

Michael Rasmussen and I friends both in real life and on Facebook (which is not always the case). I met him through OCEG (which I recommend as they have some excellent resources) where we were two of the first three OCEG Fellows. (The other one was Brian Barnier. I recommend following both of them.

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Wealth Enhancement Group Buys $536M New Jersey RIA

Wealth Management

The acquisition of M&R Capital Management represents its sixth New Jersey location and 15th deal of 2024.

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Why Is Life Insurance Overlooked in Comprehensive Financial Planning?

Leading Advisor

There are approximately 108,000 life insurance agents in Canada at last count, and last year, 589,000 life insurance policies were sold. That is just an… The post Why Is Life Insurance Overlooked in Comprehensive Financial Planning? appeared first on Leading Advisor - Simon Reilly.

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Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?

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NewEdge Wealth Establishes First New Hampshire Office With Pallas Recruit

Wealth Management

Christopher Ayer, a former senior vice president at Pallas Capital Advisors, will bring his expertise working with closely-held business owners.

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Sneha Shah named InvestmentNews Women to Watch 2024 Awards winner

SEI

Recognized for trailblazing industry impact.

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Tax Law Changes: Best Asset Classes, Strategies, and Tax Loss Harvesting Tips

Wealth Management

Nisha Patel, CFA, managing director at Parametric, explores tax law changes, strategies, and tax-loss harvesting to maximize savings.

Taxes 245
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Unemployment Claims Up 3K, Slightly Better Than Expected

Advisor Perspectives

In the week ending November 2nd, initial jobless claims were at a seasonally adjusted level of 221,000. This represents an increase of 3,000 from the previous week's figure and is slightly better than forecasts for 223,000.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Axos, Envestnet Clearing Partnership to Support Advanced Managed Account Services

Wealth Management

When completed, the integration will allow Axos client firms access to Envestnet’s menu of managed account offerings.

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Bentley Motors Delays Its Master Plan for Electric Vehicles

Advisor Perspectives

Bentley Motors Ltd. is delaying a plan to offer only fully electric vehicles by 2030 as EV sales continue to disappoint projections across the industry.

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A New Era for Financial Services

Wealth Management

Learn how to transform your financial services firm with AI-driven solutions.

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Traders Sense an Inflation-Constrained Fed Is Back

Advisor Perspectives

The Federal Reserve is widely expected to lower its benchmark federal funds rate by a quarter of a percentage point on Thursday to a range of 4.5% to 4.75%. The big question is how much lower the Fed might go from there during this rate-cutting cycle. The bond market suggests it won’t be as low as some expect or as low as policymakers signaled less than two months back.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.