Abnormal Returns

MAY 1, 2024

April 2024 The S&P 500 lost 4.08% in April 2024. (on.spdji.com) How major asset classes performed in April 2024. (capitalspectator.com) Hedge funds are overexposed to momentum. (ft.com) Strategy Catalysts matter. Good luck identifying them. (behaviouralinvestment.com) How to think about debt. (collabfund.com) Markets have to clear. (fortunesandfrictions.com) Companies Berkshire Hathaway ($BRK.A) owners can thank Todd Combs and Ted Weschler for the Apple ($AAPL) investment.

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Marketing Marketing Financial Advising Economy 279

Nerd's Eye View

MAY 1, 2024

A little over 20 years ago, when the Internet was still just a few years into gaining widespread use, the SEC understood its potential to transform how financial advisory firms conducted business with the ability to deliver advice digitally, lowering the barriers to serve clients across the country. However, the challenge for firms that wanted to use their websites to advise clients, but didn't otherwise qualify for SEC registration, was that they would ostensibly need to register in all 50 stat

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Investing Investments Compliance Clients 246

Abnormal Returns

MAY 1, 2024

Podcasts Christine Benz and Amy Arnott talk with Meir Statman author of "A Wealth of Well-Being: A Holistic Approach to Behavioral Finance." (morningstar.com) Justin Carbonneau and Jack Forehand talk with Jared Dillian author of "No Worries: How to Live a Stress-Free Financial Life." (youtube.com) Peter Lazaroff talks with Sara Gelsheimer, Senior Wealth Manager at Plancorp, about the unique planning needs for women who are primary breadwinners.

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Retirement Wealth Management Taxes Media 278

Wealth Management

MAY 1, 2024

Guidelines for taking a deeper look at the ways your firm is leveraging each system and how they all work together.

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Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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

A Wealth of Common Sense

MAY 1, 2024

Today’s Animal Spirits is brought to you by YCharts: See here for the YCharts report builder and proposal capabilities to save time and add value to client relationships! On today’s show, we discuss: 30 years of financial market returns Cathie Wood’s popular ARK funds are sinking fast Young Americans are getting left behind by rising home prices, higher stocks Vanguard: How America Saves Five thing.

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Financial Market Clients Marketing Marketing 115

Advisor Perspectives

MAY 1, 2024

The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) fell to 49.2 in April from 50.3 in March. The latest figures draws the index back into contraction territory after expanding for one month. The April reading was below the forecast of 50.0.

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Manufacturing Management 111

Wealth Management

MAY 1, 2024

The Federal Trade Commission's move to outlaw these clauses in contracts could affect millions of Americans. But litigation against the ban is already in motion.

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Commission Banking 124

Discipline Funds

MAY 1, 2024

Wednesday’s Fed decision was largely unsurprising. But the most important data point of the day came long before the Fed decision. The latest JOLTS report showed the lowest levels of quits since early 2018 when Core PCE inflation was around 2%. This is an interesting data point because the quit rate has tended to be a good measure of labor market tightness.

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Marketing Marketing Economy 111

Wealth Management

MAY 1, 2024

The agency hopes to renew interest in alternate dispute resolution options.

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Taxes 122

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

MAY 1, 2024

The ADP employment report revealed that 192K nonfarm private jobs were added in April, a slowdown from the 208K private jobs added in March. The latest reading came in higher than the expected 179K addition of new private jobs.

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Wealth Management

MAY 1, 2024

Certified advisors differentiate themselves by being equipped to offer comprehensive services that address complex client needs.

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Certification Wealth Management Management Clients 119

Calculated Risk

MAY 1, 2024

Wards Auto released their estimate of light vehicle sales for April: U.S. Light-Vehicle Sales Trudge Along with Tepid Growth in April (pay site). Affordability continued to dominate the sales mix as gains in entry-price CUV and car segments more than offset downturns recorded in most other segments. While the SAAR and the daily selling rate were up, raw volume declined year-over-year due to April 2024 having one fewer selling day than in 2023.

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Sales 85

Wealth Management

MAY 1, 2024

While corporate pension plans have adopted alternative investment options, such as private equity and credit, 401(k) plan managers face big obstacles to accessing the space, Cerulli survey shows.

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Planning Management Investing Investments 119

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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

Calculated Risk

MAY 1, 2024

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 26, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.3 percent on a seasonally adjusted basis from one week earlier.

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Marketing Marketing 81

Wealth Management

MAY 1, 2024

Ethan Campbell of Stones River Wealth Management in Woodbury, Tenn., is the latest to join $31.5 billion Private Advisor Group.

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Wealth Management Management 119

Calculated Risk

MAY 1, 2024

From the BLS: Job Openings and Labor Turnover Summary The number of job openings changed little at 8.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires changed little at 5.5 million while the number of total separations decreased to 5.2 million. Within separations, quits (3.3 million) and layoffs and discharges (1.5 million) changed little. emphasis added The following graph shows job openings (black line), hires (

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Numbers Economy Marketing Marketing 78

Wealth Management

MAY 1, 2024

The IBD has deployed about $400 million in capital across 27 deals since launching the liquidity and succession program.

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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 1, 2024

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 210 thousand initial claims, up from 207 thousand last week. • Also at 8:30 AM: Trade Balance report for March from the Census Bureau. The consensus is the trade deficit to be $68.8 billion.

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Wealth Management

MAY 1, 2024

Tru will operate as a separate entity from Sanctuary, maintaining its brand and leadership team.

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Calculated Risk

MAY 1, 2024

From the Census Bureau reported that overall construction spending increased: Construction spending during March 2024 was estimated at a seasonally adjusted annual rate of $2,083.9 billion, 0.2 percent below the revised February estimate of $2,087.8 billion. The March figure is 9.6 percent above the March 2023 estimate of $1,901.4 billion. emphasis added Private spending decreased and public spending increased: Spending on private construction was at a seasonally adjusted annual rate of $1,600.8

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Wealth Management

MAY 1, 2024

Brian Hughes has had a 30-year career in financial services, most recently as founder and president of wealth management consultancy Hughes Growth Strategies.

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Wealth Management Financial Services Consulting Management 115

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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

Random Roger's Retirement Planning

MAY 1, 2024

Over the last few months we've taken a couple of looks at the Stone Ridge Life Cycle suite of mutual funds. The quick and dirty on them is that they annuitize fund assets when holders turn 80 years old. They are issued for each year so if you were born in 1959, you buy the fund for that birth year and then at 80, you're locked in. The funds pay out like an annuity and then at age 100, the remaining assets are split among fundholders who are still alive.

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Assets Retirement Commission Distribution 71

Wealth Management

MAY 1, 2024

Open, honest and candid discussion about the DOL fiduciary rule, RIA M&A, the Callan study, 401GO funding and more.

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Advisor Perspectives

MAY 1, 2024

Here is the latest update of a popular market valuation method, Price-to-Earnings (P/E) ratio, using the most recent Standard & Poor's "as reported" earnings and earnings estimates, and the index monthly average of daily closes for the past month. The latest trailing twelve months (TTM) P/E ratio is 26.6 and the latest P/E10 ratio is 33.0.

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Valuation Marketing Marketing 69

Wealth Management

MAY 1, 2024

Ninth Circuit affirms holding that a history of lending is not determinative of tax treatment of subsequent intrafamily wealth transfers.

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Taxes 113

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

MAY 1, 2024

The Q Ratio is the total price of the market divided by the replacement cost of all its companies. The latest Q-ratio is at 1.90, down from 1.93 in March.

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Valuation Marketing Marketing 69

Wealth Management

MAY 1, 2024

Transcript of Episode 104 of 401(k) Real Talk.

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Calculated Risk

MAY 1, 2024

Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased in March; Up 6.6% Year-over-year A brief excerpt: On a year-over-year basis, the National FMHPI was up 6.6% in March, up from up 6.5% YoY in February. The YoY increase peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in April 2023. As of March, 11 states and D.C. were below their previous peaks, Seasonally Adjusted.

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