Abnormal Returns

APRIL 16, 2024

Strategy Joe Wiggins, "It is important to remember that behavioural finance would be redundant if it were easy; if it wasn’t hard it wouldn’t be useful." (behaviouralinvestment.com) Investing requires a measure of optimism in the future. (ofdollarsanddata.com) Fund management 15 more ideas from Seth Klarman's "Margin of Safety" including 'Investment must be thought of as more than stock selection or making a series of solid individual investment decisions.

Financial Advising 287

Financial Advising Media Economy Investing 287

A Wealth of Common Sense

APRIL 16, 2024

I was perusing the BLS data following the inflation release last week and one number sticks out like Victor Wembanyana standing next to a group of kindergartners. Auto insurance was up 22% over the previous 12 months versus an overall inflation rate of 3.5%. Look at the change in auto insurance rates these past few years: It’s like a meme stock.

Insurance 128

Insurance Numbers 128

Abnormal Returns

APRIL 16, 2024

Asset allocaiton Is regret a better measure to target for portfolio allocations? (blogs.cfainstitute.org) Why asset allocation is sensitive to goals and assumptions. (priceactionlab.com) The case against a cryptocurrency allocation. (insights.finominal.com) Global macro hedge funds are mid. (klementoninvesting.substack.com) Corporate finance Are family-controlled firms more at-risk of price crashes?

Asset Allocation 274

Asset Allocation Portfolio Management Portfolio Assets 274

Wealth Management

APRIL 16, 2024

KKR logged $3 billion in sales in products aimed for the private wealth channel—up from $400 million in sales per quarter in 2022. Morningstar published an explainer on the growing world of interval funds. These are among the investment must reads we found this week for wealth advisors.

Investing 119

Investing Investments Wealth Advisor Sales 119

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

The Irrelevant Investor

APRIL 16, 2024

There was a further escalation in Israel over the weekend. It always feels a bit crass to talk about investing when lives are being lost, but part of what I do is help investors contextualize awful world events. Intuitively, you might think that geopolitical events would impact the market. It’s true that in general, investors tend to sell risk assets first and ask questions later.

Investing 113

Investing Investments Assets Marketing 113

Wealth Management

APRIL 16, 2024

Roraj Pradhananga, recently appointed co-CIO of Veris Wealth Partners, provides an inside look at the $2.3 billion firm’s model portfolios and impact investing philosophy.

Marketing 118

Marketing Marketing Portfolio Investing 118

Advisor Perspectives

APRIL 16, 2024

As the US economy hums along month after month, minting hundreds of thousands of new jobs and confounding experts who had warned of an imminent downturn, some on Wall Street are starting to entertain a fringe economic theory.

Economics 105

Economics Economy 105

Wealth Management

APRIL 16, 2024

Merrill Wealth Management added around 7,300 net new clients during the first quarter, which was in line with the previous two quarters but down year-over-year.

Clients 111

Clients Assets Wealth Management Management 111

Random Roger's Retirement Planning

APRIL 16, 2024

The title for this post is inspired by the following post on Threads. Fixed income, meaning intermediate and longer term duration, is having a rough 2024 after a meh 2023 and terrible 2022. For most of those ETFs you can add 100-125 basis points back in for dividends. For TLTW which is TLT with a covered call overlay you can add back about 300 basis points.

Taxes 93

Taxes Marketing Marketing Investing 93

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

Wealth Management

APRIL 16, 2024

Advisors may want to reconsider any allocation to these 15 companies, as they’ve been shown to wipe out investors’ wealth—even over the long term.

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Million Dollar Round Table (MDRT)

APRIL 16, 2024

By Bryce Sanders Doesn’t everyone want to be treated like family? As an insurance agent or financial advisor, you likely position yourself as a resource within your extended family. What does it mean professionally though? When a prospect asks, “What do you mean when you tell me that you will treat me like family?” What points might you bring up?

Clients 88

Clients Financial Advisor Insurance Communication 88

Wealth Management

APRIL 16, 2024

The SEC has repeatedly rewarded firms who self-reported their use of WhatsApp and other unauthorized communication means with leniency.

Communication 111

Communication 111

The Irrelevant Investor

APRIL 16, 2024

Today’s Animal Spirits is brought to you by YCharts: See here for YCharts’ quarterly economic update slide deck! See here for tickets to The Compound and Friends LIVE in Los Angeles On today’s show, we discuss: Will the growth of indexing lead to its downfall? Fund industry’s asset mix offers encouraging sign CPI Data – motor vehicle insurance Why car insurance rates are so high The hidden.

Marketing 80

Marketing Marketing Insurance Economics 80

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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.

Accounting

Wealth Management

APRIL 16, 2024

In speaking with industry watchers, the consensus is that we’re closer to the beginning of the cycle than the end when it comes to M&A.

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Random Roger's Retirement Planning

APRIL 16, 2024

The title to this post is a play on words from the Jimmy Buffett song A Pirate Looks At 40. This is an ongoing series that started when I was 40 with the intention of sort of updating the post at milestone birthdays. The point is to track how my views on various things might evolve or change dramatically and to hold myself accountable for any lifestyle opinions/advice I might write about.

Retirement 75

Retirement Planning Food Investment Advisor 75

Wealth Management

APRIL 16, 2024

AlphaSimplex's Katy Kaminski describes how the firm uses data to measure where the markets are moving.

Portfolio 119

Portfolio Management Investing Investments 119

Advisor Perspectives

APRIL 16, 2024

To keep your clients, do more than just your job – you need to keep them engaged. There’s a place for old-school engagement techniques like birthday cards and regular client meetings, but we can do better.

Clients 69

Clients 69

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

Wealth Management

APRIL 16, 2024

Envestnet has received interest from private equity firms, including Bain Capital, according to a press report. Shares ended the day up 9% on the news.

Sales 107

Sales 107

Advisor Perspectives

APRIL 16, 2024

Here are the top 10 questions (and answers) about advisor marketing for 2024.

Marketing 103

Marketing Marketing 103

Wealth Management

APRIL 16, 2024

The addition of Gil Addeo is key to expanding Axos' services to independent broker/dealers and RIAs.

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111

Advisor Perspectives

APRIL 16, 2024

In the competitive financial advisory landscape and ongoing quest for new clients, advisors often miss an obvious opportunity – the children and grandchildren lying within their existing clientele.

Planning 64

Planning Clients 64

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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.

Planning

Wealth Management

APRIL 16, 2024

The LPL veteran of 19 years will serve as the technology incubator's president and chief revenue officer.

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110

Calculated Risk

APRIL 16, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 2:00 PM, the Federal Reserve Beige Book , an informal review by the Federal Reserve Banks of current economic conditions in their Districts.

Banking 62

Banking Economics 62

Wealth Management

APRIL 16, 2024

Morgan Stanley's wealth unit generated $6.88 billion in revenue in the first quarter.

Assets 111

Assets Clients 111

Calculated Risk

APRIL 16, 2024

From the Fed: Industrial Production and Capacity Utilization Industrial production rose 0.4 percent in March but declined at an annual rate of 1.8 percent in the first quarter. Manufacturing output increased 0.5 percent in March, boosted in part by a gain of 3.1 percent in motor vehicles and parts; factory output excluding motor vehicles and parts moved up 0.3 percent.

Manufacturing 62

Manufacturing 62

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

Wealth Management

APRIL 16, 2024

Charles A. Redd explains what an advisor should do when a client has declining or diminished capacity.

Clients 105

Clients 105

Advisor Perspectives

APRIL 16, 2024

Would you consider an evolution with your advisory practice? Whether as part of an initial transition to the RIA model or an improvement to your existing practice.

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Wealth Management

APRIL 16, 2024

MFS Investment Management has applied to create five actively managed exchange-traded funds spanning stocks and bonds, according to SEC filings.

Planning 99

Planning Management Investing Investments 99