Abnormal Returns

APRIL 1, 2024

Markets How major asset classes performed in March 2024. (capitalspectator.com) There has been a fair amount of equity return dispersion, YTD. (mrzepczynski.blogspot.com) Strategy Why U.S. equity outperformance looks obvious in hindsight. (behaviouralinvestment.com) International diversification is no panacea, but what's the alternative? (morningstar.com) Finance Capital One ($COF) is going to struggle to get regulatory approval to acquire Discover Financial ($DFS).

Assets 260

Assets Financial Advising Wealth Management Engineering 260

Nerd's Eye View

APRIL 1, 2024

Welcome to the April 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news of an emerging wave of price increases from long-term AdvisorTech vendors like Orion and InvestCloud, which the companies are positioning as a necessary response to the impact of inflation on their underlyi

Estate Planning 188

Estate Planning Financial Advisor Clients Startup 188

Abnormal Returns

APRIL 1, 2024

Podcasts Kevin Thompson, CEO of 9i Capital Group LLC, discusses the RIA industry's impact on advisors' autonomy with Josh Brown, CEO of Ritholtz Wealth Management. (youtube.com) Christine Benz and Amy Arnott talk with Peter Mallouk, President and CEO of Creative Planning, about the 'messy' business of financial advice. (morningstar.com) Thomas Kopelman and Jacob Turner talk with Ankur Nagpal about tax considerations when selling a business.

Wealth Management 257

Wealth Management Math Retirement Retirement Planning 257

Calculated Risk

APRIL 1, 2024

Altos reports that active single-family inventory was up 0.9% week-over-week. Inventory bottomed in mid-February this year, as opposed to mid-April in 2023, and inventory is now up 4.7% from the February bottom. Click on graph for larger image. This inventory graph is courtesy of Altos Research. As of March 29th, inventory was at 517 thousand (7-day average), compared to 513 thousand the prior week.

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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

Alpha Architect

APRIL 1, 2024

While there is literature that describes the "domain" of artificial intelligence, there are very few, if any that analyze the valuation and pricing of AI stocks. The authors attempt to fill the void with a two part methodology. Valuing Artificial Intelligence (AI) Stocks was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Valuation 123

Valuation 123

Advisor Perspectives

APRIL 1, 2024

Implementing the TIPS ladder is clunky, so I challenged the fund industry to simplify and improve with a TIPS ladder Fund. Stone Ridge Asset Management has done just that with its new LifeX Inflation Protected mutual funds.

Assets 116

Assets Management 116

NAIFA Advisor Today

APRIL 1, 2024

April is National Financial Literacy Month, an annual observation NAIFA wholeheartedly agrees with. But why is financial literacy important and what are we doing about it?

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Advisor Perspectives

APRIL 1, 2024

Personal income ( excluding transfer receipts ) rose 0.2% in February and is up 5.0% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was down 0.1% month-over-month and 2.4% year-over-year.

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Wealth Management

APRIL 1, 2024

Ahluwalia, an executive at Hightower's private equity investor Thomas H. Lee Partners, will serve as president, while Bob Oros continues in his role as chairman and CEO of the company.

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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

Advisor Perspectives

APRIL 1, 2024

When it comes to the private real estate sector, the mention of the U.S. commercial office sector scares many investors away. While the office sector may give some investors pause, it's also prudent to look at the bigger picture.

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XY Planning Network

APRIL 1, 2024

We're excited to share another member story from our "How I Did It" series. Deciding to take the leap to start your own financial planning firm can be very scary. And actually "leaping" can feel overwhelming. There are so many decisions and responsibilities. How am I going to make this work? What business model should I use? How do I manage compliance?

Compliance 101

Compliance Financial Planning Planning Management 101

Carson Wealth

APRIL 1, 2024

DON’T FEAR A STRONG START TO THE YEAR It’s April 1, and the first quarter of 2024 is in the books. On the heels of more than 25% in total return for 2023, the S&P 500 returned more than 10% in the first quarter. The logical question is: How much is too much? Looking at the numbers, more good news could be in store for the bulls. 2024 is off to a strong start.

Marketing 96

Marketing Marketing Economy Economics 96

Wealth Management

APRIL 1, 2024

AlTi Global does 1st deal after taking on growth-minded investment partners Constellation Wealth Capital and Allianz.

Investing 119

Investing Investments 119

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Accounting

A Wealth of Common Sense

APRIL 1, 2024

Today’s Animal Spirits is brought to you by Halo Investing: See here for more information on investing with Halo. We had Jason Barsema back on the show to give us an update on investing in structured notes. On today’s show, we discuss: Investing in structured notes based on single stocks The difference between hard and soft protection, and why hard protection is cheap right now Why banks offer structured not.

Banking 89

Banking Investing Investments 89

Wealth Management

APRIL 1, 2024

Michael Woocher left AllianceBernstein’s private wealth unit after nine years to become chief advisory officer for HB.

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Calculated Risk

APRIL 1, 2024

Today, in the Real Estate Newsletter: ICE Mortgage Monitor: The Impact of "Golden-Handcuffs" on Mortgage Payments Brief excerpt: Press Release: ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment • From 2000 to 2022, upgrading to a 25% more expensive home would have required the average homeowner to increase their principal and interest payment by roughly 40%, or about $400 per month • Today, that same trade-up buyer’s paymen

Marketing 109

Marketing Marketing 109

Wealth Management

APRIL 1, 2024

Transitioning away from a structured schedule with inherent social networks after 40+ years is traumatic.

Retirement 127

Retirement 127

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

APRIL 1, 2024

Bond traders priced in less monetary policy easing by the Federal Reserve this year — and briefly set the odds of a first move in June to less than 50% — after a gauge of US manufacturing activity showed expansion for the first time since 2022.

Manufacturing 105

Manufacturing 105

Wealth Management

APRIL 1, 2024

AlTi Global does 1st deal after taking on growth-minded investment partners Constellation Wealth Capital and Allianz.

Investing 116

Investing Investments 116

Calculated Risk

APRIL 1, 2024

From Matthew Graham at Mortgage News Daily: Mortgage Rates Sharply Higher to Start The Month March ended with a streak of some of the flattest day-over-day changes in mortgage rates on record. It was all but certain that the new week/month would bring a change to that sideways trend, but the reality [w]as immediate and abrupt. [ 30 year fixed 7.05% ] emphasis added Tuesday: • At 8:00 AM ET, Corelogic House Price index for February. • At 10:00 AM, Job Openings and Labor Turnover Survey for Februa

Sales 73

Sales 73

Wealth Management

APRIL 1, 2024

Indianapolis-based Mindset Wealth Management is the latest to join the $12.5 billion service platform.

Wealth Management 116

Wealth Management Management 116

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Planning

Advisor Perspectives

APRIL 1, 2024

The March S&P Global US Manufacturing PMI™ inched down to 51.9 from 52.2 in February, signaling further expansion in the sector although less pronounced. The latest reading was lower than the forecasted reading of 52.5.

Manufacturing 69

Manufacturing 69

Wealth Management

APRIL 1, 2024

The acquisition of Wilbanks Smith and Thomas in Norfolk, Va., brings Clearstead to $20 billion under management.

Management 115

Management 115

Advisor Perspectives

APRIL 1, 2024

The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) rose to 50.3 in March from 47.8 in February. The latest figure marks the first month the index has expanded in 17 months. The March reading was above the forecast of 49.8.

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Manufacturing Management 69

Wealth Management

APRIL 1, 2024

Reno Tahoe Wealth Management made the move to support its long-term growth goals.

Wealth Management 115

Wealth Management Management 115

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

APRIL 1, 2024

The BEA's Personal Income and Outlays report revealed inflation continued to cool in February. Core PCE, the Fed's favored measure of inflation, was up 0.3% from January and slowed to 2.8% year-over-year, the lowest reading since March 2021 and one step closer to the Fed's 2% target rate.

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Wealth Management

APRIL 1, 2024

Inattentive use of these products risks exposing clients to losses and missed returns.

Clients 114

Clients 114

Advisor Perspectives

APRIL 1, 2024

With the release of February's report on personal incomes and outlays, we can now take a closer look at "real" disposable personal income per capita. At two decimal places, the nominal 0.21% month-over-month change in disposable income comes to -0.12% when we adjust for inflation. The year-over-year metrics are 3.60% nominal and 1.12% real.

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