Abnormal Returns

OCTOBER 3, 2024

Markets Bonds, stocks AND gold are all having a good year. (carsongroup.com) Utilities are crushing it in 2024. (on.spdji.com) Market quilts, including global markets, updated through Q3. (novelinvestor.com) Crypto MicroStrategy ($MSTR) is not the only company that has Bitcoin on the balance sheet. (blockworks.co) The SEC is not done with Ripple. (theverge.com) Finance Election betting is another sign that gambling and trading are becoming indistinguishable.

Financial Advising 233

Financial Advising Retail Media Economy 233

Nerd's Eye View

OCTOBER 3, 2024

"Building in public" is a common piece of advice for tackling new challenges – whether launching content, starting a business, or setting personal or professional goals – as public commitment fosters accountability and motivation, tapping into the human desire to avoid embarrassment. While this approach can be effective, it ultimately poses its own difficulties; for example, when stakes are public, advisors may feel pressured to endlessly perfect their offerings and over-commit their

Clients 130

Clients Accounting Planning Marketing 130

The Big Picture

OCTOBER 3, 2024

I used to spill a lot of ink about how terrible the Harvard Endowment was, especially their heavy overweight in Hedge Funds. I stopped not because they got any better, but simply due to the annual performance disaster was boring to keep writing about. Worse still, this was a self-inflicted wound, caused by irate alumni upset at how much the Harvard Management Company (aka The Endowment) was paying their outperforming staff: “Let’s start with Dr.

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Medical Management Investing Investments 157

Wealth Management

OCTOBER 3, 2024

Covenant Capital founder Nate Harris explains why he left Merrill and opted for the independent broker/dealer model, which he felt would allow him to achieve all he desired and then some.

Financial Advisor 116

Financial Advisor 116

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

Accounting

Calculated Risk

OCTOBER 3, 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 September, Realtor.com reported inventory was up 34.0% YoY, but still down 23.2% compared to the 2017 to 2019 same month levels. Now - on a weekly basis - inventory is up 31.9% YoY.

Sales 99

Sales Numbers Marketing Marketing 99

Advisor Perspectives

OCTOBER 3, 2024

While a strike by East Coast port workers is strangling the flow of goods from Maine to Texas and grabbing headlines, news of machinists at Boeing Co. about to enter their fourth week of picketing near Seattle has receded a bit into the background.

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Wealth Management

OCTOBER 3, 2024

Listen as Joseph Kuo, Founder & CEO of Haven Tower emphasizes the importance of cultivating self-confidence and self-awareness in the wealth management industry.

Wealth Management 104

Wealth Management Management 104

Calculated Risk

OCTOBER 3, 2024

The DOL reported : In the week ending September 28, the advance figure for seasonally adjusted initial claims was 225,000 , an increase of 6,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 218,000 to 219,000. The 4-week moving average was 224,250, a decrease of 750 from the previous week's revised average.

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Wealth Management

OCTOBER 3, 2024

F2 Strategy's co-founder and CEO provides his take on the most important wealth management technology news of the last month.

Wealth Management 106

Wealth Management Management 106

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Sales

Million Dollar Round Table (MDRT)

OCTOBER 3, 2024

By Matt Pais, MDRT Content Specialist Let’s say 100 people call you at the same time. How many of them can you speak to at once? Obviously, only one. That’s why Donald P. Speakman, MSFS , a past MDRT member from Pittsburgh, Pennsylvania, recommends recording an extended voicemail message during high-volume call times to simultaneously address a large number of concerns.

Numbers 69

Numbers Communication Clients Marketing 69

Wealth Management

OCTOBER 3, 2024

Banks and private credit lenders have been in tense competition to provide financing for what’s been a thin pipeline of mergers and acquisitions.

Banking 99

Banking 99

Advisor Perspectives

OCTOBER 3, 2024

Building a TIPS ladder gives us a license to spend and creates a spending floor. My TIPS ladder combined with Social Security provides a $10,000 monthly inflation-adjusted cash flow, though I’m delaying taking Social Security until age 70, of course.

License 64

License 64

Wealth Management

OCTOBER 3, 2024

The deal, expected to close in the fourth quarter of 2024, will bring Kovitz’s assets to nearly $30 billion.

Assets 114

Assets 114

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

A Wealth of Common Sense

OCTOBER 3, 2024

We emptied the inbox this week covering other questions about getting your CFA designation, the types of bonds you should own in retirement, how pensions fit into a retirement plan, how to spend more money, teaching your kids about money, becoming a landlord, using a HELOC as an emergency fund, how analysts rate stocks and adding international exposure to your portfolio.

Retirement 62

Retirement Retirement Planning Planning Portfolio 62

Wealth Management

OCTOBER 3, 2024

The abrupt firing this week of Dan Arnold, who took over as LPL's CEO in 2017 and once told the firm’s advisors that his mission was about “taking care of you, so you can take care of your clients,” is proving a shock.

Clients 84

Clients 84

Calculated Risk

OCTOBER 3, 2024

On Friday at 8:30 AM ET, the BLS will release the employment report for September. The consensus is for 145,000 jobs added, and for the unemployment rate to be unchanged at 4.2%. There were 142,000 jobs added in August, and the unemployment rate was at 4.2%. From BofA: Although the labor market has been soft, low jobless claims suggest that the September employment report should be decent.

Manufacturing 59

Manufacturing Numbers Marketing Marketing 59

Wealth Management

OCTOBER 3, 2024

A year after cutting half its staff, Vise has added senior industry executives as advisors and is aggressively pursuing the RIA aggregator market to grow.

Marketing 89

Marketing Marketing 89

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Banking

Calculated Risk

OCTOBER 3, 2024

Today, in the Calculated Risk Real Estate Newsletter: Moody's: Apartment Vacancy Rate Unchanged in Q3; Office Vacancy Rate at Record High A brief excerpt: From Moody’s Analytics Economists: Multifamily Performance Steadied, Office Stress Continued to Manifest, Retail Vacancy Declined, And Industrial Cooled Down National multifamily vacancy stayed flat at 5.8%, the highest level on record since 2011.

Retail 59

Retail 59

Wealth Management

OCTOBER 3, 2024

Investors should diversify internationally into a broader array of companies and consider high-quality business models with attractive dividend policies.

Marketing 81

Marketing Marketing 81

Advisor Perspectives

OCTOBER 3, 2024

Nvidia Corp. insiders have cashed in on shares worth more than $1.8 billion so far this year — and more selling is on the horizon.

Sales 64

Sales 64

Wealth Management

OCTOBER 3, 2024

The move allows Founder Tom Noble to retire and hand over the reins to the next generation.

Retirement 104

Retirement 104

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Financial Advice

Calculated Risk

OCTOBER 3, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, 8:30 AM: Employment Report for September. The consensus is for 145,000 jobs added, and for the unemployment rate to be unchanged at 4.2%.

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Wealth Management

OCTOBER 3, 2024

Such conversions became popular a few years ago after Dimensional Fund Advisors, JPMorgan and Neuberger Berman flipped their funds.

Planning 86

Planning Marketing Marketing 86

Random Roger's Retirement Planning

OCTOBER 3, 2024

Over the last few days I've fished around looking at multi-asset ETFs that I perceive are intended to be either one fund, portfolio solutions or the major core holding with a little room left for maybe alternatives or thematic exposures or whatever. Often, these funds have a lot going on under the hood and it seems that very few are adequate replacements for the benchmark Vanguard Balanced Index Fund (VBAIX).

Asset Allocation 52

Asset Allocation Portfolio Assets Taxes 52

Wealth Management

OCTOBER 3, 2024

Listen as Ghislain Gouraige, Partner at NewEdge Capital Group as he shares how his firm’s commitment to innovation and staying ahead of industry trends empowers advisors to thrive.

Wealth Management 70

Wealth Management Management 70

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

Financial Planning

Validea

OCTOBER 3, 2024

In this episode of Excess Returns, we welcome back Cem Karsan of Kai Volatility Advisors for an in-depth discussion on the current state of markets and the global economy. We explore: – How geopolitical events in the Middle East and Ukraine are impacting markets and risk – Cem’s views on inflation, recent Fed actions, and market flows – The impact of options positioning and market structure on volatility – Cem’s outlook for the remainder of 2023 and into 2024

Investing 52

Investing Investments Economy Marketing 52

Wealth Management

OCTOBER 3, 2024

Wealth Management Industry Awards, Max Lane, CEO of Flourish discusses how his firm helps advisors move from holistic advice to holistic implementation.

Wealth Management 78

Wealth Management Management 78

Advisor Perspectives

OCTOBER 3, 2024

The Institute of Supply Management (ISM) has released its September services purchasing managers' index (PMI). The headline composite index is at 54.9, slightly better than the forecast. The latest reading moves the index back into expansion territory for 49th time in the past 50 months.

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Management 52