Nerd's Eye View

MAY 14, 2024

Welcome everyone! Welcome to the 385th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Danielle Howard. Danielle is the owner of Wealth By Design, a hybrid advisory firm based in Glenwood Springs, Colorado, that oversees about $35 million in assets under advisement for 35 client households. What's unique about Danielle, though, is how she has created a process she calls "Financial Fingerprints To Footprints ", where she helps clients who are struggling to implem

Clients 246

Clients Financial Planning Financial Advisor Planning 246

Abnormal Returns

MAY 14, 2024

Modeling How much can machine learning techniques help in model making? (aqr.com) Fancier models don't necessarily estimate the ERP better. (alphaarchitect.com) The case for ensemble models. (mrzepczynski.blogspot.com) Can AI replace stock analysts? (papers.ssrn.com) Research Crashes are the bane of momentum investors. (mrzepczynski.blogspot.com) Why time horizon matters when it comes to investing in TIPS.

Investing 220

Investing Investments 220

A Wealth of Common Sense

MAY 14, 2024

A lot of investors have abandoned international diversification (or at least strongly considered it) in recent years. I understand why this is happening. The U.S. stock market has destroyed all comers ever since the Great Financial Crisis ended. Since 2009, a total U.S. stock market index fund is up more than 660% while a total international index fund is up more like 180%.

Marketing 140

Marketing Marketing Asset Allocation Assets 140

Abnormal Returns

MAY 14, 2024

Diversification The S&P 500 is now nearly 40% of global market cap. (apolloacademy.com) International diversification requires a long time horizon. (awealthofcommonsense.com) Strategy Investment misses are inevitable. (morningstar.com) Don't confuse selling calls with income. (rogersplanning.blogspot.com) Gold won't save you if stuff really hits the fan.

Financial Advising 215

Financial Advising Media Economy Economics 215

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

Calculated Risk

MAY 14, 2024

From the NY Fed: Household Debt Rose by $184 Billion in Q1 2024; Delinquency Transition Rates Increased Across All Debt Types The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The report shows total household debt increased by $184 billion (1.1%) in the first quarter of 2024, to $17.69 trillion.

Economics 114

Economics Retail Banking Accounting 114

Diamond Consultants

MAY 14, 2024

This new wave of transitioning advisors is feeling the pushes and pulls of an evolving industry. Over 9,000 advisors changed firms in 2023, marking a 7% increase from the year before.* While this movement is prevalent across all industry channels, it is particularly pronounced within the RIA world and represents a growing trend that’s a dichotomy of sorts.

Recruitment 105

Recruitment Clients Banking Compliance 105

Advisor Perspectives

MAY 14, 2024

The generational wealth transfer is the mountain range on our horizon, likely dominating the landscape for much of our careers. Yet many firms struggle to move from acknowledgement to action.

Clients 109

Clients 109

Trade Brains

MAY 14, 2024

Three Inside Up Candlestick Pattern: In the world of technical analysis, candlestick patterns serve as invaluable tools for traders, offering insights into market sentiment and potential price movements. Among the myriad of patterns, the Three Inside Up stands out for its reliability and significance. In this article, we will delve into the Three Inside Up candlestick pattern, exploring its formation, Psychology, and trading ideas with its example.

Risk Management 105

Risk Management Communication Marketing Marketing 105

Advisor Perspectives

MAY 14, 2024

Gas prices are down for a third straight week. As of May 13th, the price of regular and premium gas fell 3 and 4 cents from the previous week, respectively. The WTIC end-of-day spot price for crude oil closed at $79.12, up 0.8% from last week.

105

105

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

A good, fast, clean audit leads to a happy work life. Join us in this one-hour webinar, where we share the best ways to prepare and conduct your audit process to maximize audit satisfaction and minimize administrative time in month-end close and financial reporting. Learning objectives: This course objective is to review leading practices to maximize audit success.

Wealth Management

MAY 14, 2024

Despite persistent concerns from clients about the state of the economy, indicators are either fine or improving, according to Cetera Chief Market Strategist Brian Klimke.

Wealth Management 104

Wealth Management Economy Clients Management 104

Advisor Perspectives

MAY 14, 2024

You will find it very difficult to find good value in stocks in a bull market like we’ve had since 2008. As Warren Buffett says – “You cannot invest in what’s popular and expect to do well.

Investing 98

Investing Investments Marketing Marketing 98

Wealth Management

MAY 14, 2024

During a conversation at Wealth Management EDGE, the former CEO of United Capital called private equity “economic creatures” that may add leverage and unnecessary changes.

Wealth Management 102

Wealth Management Management Economics 102

Million Dollar Round Table (MDRT)

MAY 14, 2024

By Tara Clark Social media offers a powerhouse of opportunity, but financial advisors worldwide can make mistakes that prevent them from unleashing its true potential. It can be difficult to know what to share and say online, specifically on LinkedIn. There are 90 million senior-level influencers and 63 million decision-makers who use LinkedIn, so you don’t want to miss out on the many opportunities available on this platform.

Media 82

Media Financial Advisor Marketing Marketing 82

Advertisement

Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!

Investing

Wealth Management

MAY 14, 2024

Private equity money continues to fund inorganic growth for its chosen firms, and with more buyers comes more competition, according to panelists at RIA Edge.

Valuation 97

Valuation 97

Advisor Perspectives

MAY 14, 2024

Wholesale inflation accelerated last month to its highest level in a year. The producer price index for final demand increased 0.5% month-over-month (s.a.). On an annual basis, headline PPI accelerated from 1.8% in March to 2.2% in April.

75

75

Wealth Management

MAY 14, 2024

Martine Lellis, who joined Mercer as chief talent officer in 2020, will serve as principal of M&A partner development, supporting Dave Barton, who continues to lead M&A across the firm.

90

90

Advisor Perspectives

MAY 14, 2024

US household debt has reached a record and more borrowers are struggling to keep up.

98

98

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

MAY 14, 2024

Does a higher cash rate tide lift, hurt or have no significant impact on all asset returns?

Assets 125

Assets 125

Advisor Perspectives

MAY 14, 2024

The headline number for the NFIB Small Business Optimism Index rose to 89.7 in April, the first monthly increase of the year. The latest reading was better than the forecast of 88.1 but marked the 28th straight month the index has been below the series average of 98.0.

Numbers 64

Numbers 64

Wealth Management

MAY 14, 2024

Whether creating or editing images, videos, audio or emails, advisors can use AI to improve efficiency and free up time to work with clients.

Clients 99

Clients 99

Advisor Perspectives

MAY 14, 2024

With the challenges associated with organic growth, many registered investment advisors (RIAs) are turning to external mergers or acquisitions to expand their practices.

Investment Advisor 64

Investment Advisor Investments Investing 64

Advertisement

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

Wealth Management

MAY 14, 2024

The held-away asset management platform will be integrated with the tech stack of over 2,400 Stifel Financial advisors.

Financial Advisor 108

Financial Advisor Assets Management 108

Calculated Risk

MAY 14, 2024

CPI for April will be released on Wednesday. The consensus is for 0.3% increase in CPI (up 3.4% YoY), and a 0.3% increase in core CPI (up 3.6% YoY). Here are a couple of analyst's forecasts. From BofA: For the April CPI report, we forecast headline CPI rose by 0.3% m/m. Based on our forecast, the y/y rate should tick down to 3.4%. The main factor behind our expectation for a relatively firmer headline CPI print is energy prices.

62

62

Wealth Management

MAY 14, 2024

The first full day of Wealth Management EDGE included conversations with Joe Duran, former basketball star Jay Williams and much, much more.

Wealth Management 97

Wealth Management Management 97

Calculated Risk

MAY 14, 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 8:30 AM, The Consumer Price Index for April from the BLS. The consensus is for 0.3% increase in CPI (up 3.4% YoY), and a 0.3% increase in core CPI (up 3.6% YoY). • Also at 8:30 AM, Retail sales for April is scheduled to be released.

Retail 59

Retail Sales Manufacturing Numbers 59

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

Wealth Management

MAY 14, 2024

This live blog focused on the RIA Edge track of Wealth Management EDGE will be updated throughout the conference.

Wealth Management 107

Wealth Management Management 107

Calculated Risk

MAY 14, 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-May 2024 A brief excerpt: On Friday, in Part 1: Current State of the Housing Market; Overview for mid-May 2024 I reviewed home inventory, housing starts and sales. In Part 2, I will look at house prices, mortgage rates, rents and more.

Marketing 59

Marketing Marketing Sales 59

Wealth Management

MAY 14, 2024

The pace of ETF launches slowed in April. Following a March that saw nearly 50 new funds, in April managers brought 27 new ETFs onto the market.

Management 87

Management Marketing Marketing 87