Fortune Financial

JUNE 21, 2022

Inflation is now front and center in the minds of investors as domestic measures of consumer prices reach levels not seen in a generation: This is obviously a sea change for investors long accustomed to the benign inflationary environment that has prevailed with little interruption for several decades. Since I have written on the topic and its impact on financial assets on several different occasions I thought it would be worthwhile to revisit some of those ideas now that inflation has returned.

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AdvicePay

JUNE 22, 2022

Powered by innovative technologies, the financial planning business model is rapidly evolving into a sustainable fee-based revenue stream. The financial services enterprise companies that have already empowered their advisors to implement the latest approaches demonstrate powerful growth and are driving incremental revenues to scale. For some, like LPL Financial, the gross financial planning revenue has almost doubled since implementation!

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Twenty Over Ten

JUNE 24, 2022

As a financial advisor, LinkedIn is your first impression in the world of business and social media. If a potential client is considering you to become their financial planner, they will often look beyond your website to places like LinkedIn.

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Mullooly Asset Management

JUNE 24, 2022

In this week’s podcast, Tom and Casey discuss how the market has priced in a severe recession, and what that means moving forward. The guys review the latest charts and data points they’ve been paying attention to. With many of them pointing to improvements in inflation. As always, we’re here this week to keep things […] In this week’s podcast, Tom and Casey discuss how the market has priced in a severe recession, and what that means moving forward.

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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

Random Roger's Retirement Planning

JUNE 23, 2022

Closing out the podcast with Eric Crittenden and Jason Buck on one point they made almost in passing that came back to me today. First we looked at Crisis Alpha from their conversation, then a more wide ranging recap and today, the idea of risk transfer as an asset class, or more correctly an uncorrelated income stream. The idea intrigues, it has intrigued me for years and years and have blogged about it going back to before any of the US exchanges were publicly traded.

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The Better Letter

JUNE 23, 2022

This week brings the sixth installment of my series on making behavioral finance actionable. The previous five are linked below. Part One: The Experiment Part Two: The Misinformation Milieu Part Three: The Method Part Four: The Mindset Part Five: The Great Mistake In this missive, I’ll begin to outline some techniques for making better decisions.

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Carson Wealth

JUNE 24, 2022

By Marques Ogden . . Athletes don’t take to the field, to the pool or to the court without a trusted coach to help them train for optimal performance. . A coach is someone who cares deeply about your development. But a coach is only effective if their athletes have the ability to be an active listener. Especially if your coach is someone you want to be like or is doing what you want to do.

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Clever Girl Finance

JUNE 23, 2022

What do you usually do when you want to see your friends? Go to an expensive restaurant? See a movie? These things are fun, but they aren’t going to help your wallet much. It’s a really great feeling when you can spend time with friends without having to spend money. But if you aren’t spending money, won’t you end up doing something lame, or worse, not hanging out at all?

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Integrity Financial Planning

JUNE 22, 2022

How can you instill wise financial decisions at a young age? Brian shares his favorite financial app for kids and teens and how these healthy habits can pay off in the long-run. Inflation means that prices for everything is going up. Delta Dental found in a poll that kids received more than $5 a tooth from the “tooth fairy” this year! Is this a teachable moment for your kids?

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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

XY Planning Network

JUNE 23, 2022

4 MIN READ. In 2018, Simidele (sim-me-day-lay) Adeagbo (ah-day-ahg-bow) became the first Nigerian Winter Olympian and the first African and Black woman to compete in skeleton (a sport in which athletes hurl themselves headfirst on a sled down an icy hill at 80 miles an hour) at the Olympics. All while navigating a predominantly Eurocentric, male-dominated sport on the world's biggest stage, where a woman of color had never been represented.

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Conneqtor

JUNE 23, 2022

Ideal employees don’t wear suits. Software engineers only wear hoodies. Tech innovators don turtlenecks. Most financial advisors are taught that to be successful, then we need to dress the part. You want to earn a million, dress like you’ve already reached that point. If you want your handshake to be impactful, strap on that Rolex.

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Diamond Consultants

JUNE 23, 2022

Advisor Group’s acquisition of American Portfolios Financial Services reminds independent reps whose broker dealer recently sold that whether content or not with your firm, the news is unsettling. So what does an IBD advisor do next? Here are 4 things that can help you to regain control of your business life. News of major acquisitions of broker dealers is nothing new—particularly in recent years.

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Covisum

JUNE 23, 2022

I’m sure you spend loads of time figuring out financials for your clients. But, when was the last time you spent the same amount of time on your business? Building a road map for your business is crucial, especially if you own, operate, or work for a small-to-medium-sized RIA.

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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.

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MainStreet Financial Planning

JUNE 23, 2022

If you have changed jobs or perhaps recently retired, chances are you were contributing toward your retirement in a 401K (or 403b) and have built up a balance in your account. What should you do with the balance in your account after you leave your job? Well, that depends on your situation. Here is a chart I have made with the pros and cons of the options available to you.

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The Irrelevant Investor

JUNE 21, 2022

Today’s Animal Spirits is brought to you by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. On today’s show we discuss: How long does it take for stocks to bottom in a bear market The 60/40 portfolio will be back again So bearish it hurts Mortgage rates at 6%, credit card rates at 20% How much money is needed for an ideal life The best retirement spending advice US home equity hits record high BlockFi in trouble?

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Steve Sanduski

JUNE 22, 2022

What is the cornerstone of your financial planning process? Solid money management is table stakes, not a differentiator. What really stands out is when you help clients be thoughtful about “what’s the money for” and then align their money to support the life they want to live and be in harmony with their values. Advisors who learn how to help clients make those connections will be providing a valuable service that creates clients for life.

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FMG

JUNE 22, 2022

Almost all businesses need marketing, from supermarkets to mega conglomerates. Marketing is the lifeblood of any successful company because it brings in new prospects and keeps current ones interested. Advisors use marketing as a way to grow your business and increase clients. Now as a financial advisor, your marketing might look different compared to someone in the insurance field or the grocery game.

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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.

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Mullooly Asset Management

JUNE 22, 2022

In this week’s video, Tom discusses 4 things he wishes investors knew about navigating the market here in 2022. When investors are preparing for retirement, it’s tempting to want to “turn off the risk” in their accounts. Tom explains why that’s not a good idea while he walks through some numbers regarding how long retirements […].

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The Irrelevant Investor

JUNE 22, 2022

There's a reason why index funds have more than $10 trillion in assets. Picking stocks that outperform the market is very difficult. When you look at potential outperformance relative to the time, energy, and frustration it takes to beat the market, most investors come to the conclusion that it just isn't worth it. One of the most illuminating papers on this comes from Hendrik Bessembinder , who found that of the 26,168 firms that listed public equity between 1926 and 2019, 15,132 of them (58%)

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Meb Faber Research

JUNE 22, 2022

Episode #425: Dan Ariely, Irrational Capital – Investing in Human Capital Guest: Dan Ariely is a Founding Partner of Irrational Capital and a leading behavioral economist, author, entrepreneur and a James B. Duke Professor of Psychology and Behavioral Economics at Duke University. He is also a founding member of the Center for Advanced Hindsight. Date […].

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Steve Feinberg

JUNE 22, 2022

We’ve always been proud of the work we do at Appletree Business Services , from bookkeeping to payroll and tax-keeping packages, but it’s also satisfying to hear that your work has been recognized by some of the luminaries in your field. In the case of our founder, Steve Feinberg, his years of work and achievements have culminated in the prestigious lifetime achievement award for the year 2022 by the Professional Association of Small Business Accountants.

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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

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Hubly

JUNE 21, 2022

This International Women's Day, we are excited to share our findings about women in the financial services industry based on our experience of working with hundreds of different advisory firms.

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Cornerstone Financial Advisory

JUNE 21, 2022

Presented by Cornerstone Financial Advisory, LLC. Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data. The Dow Jones Industrial Average fell 4.79%, while the Standard & Poor’s 500 dropped 5.79%. The Nasdaq Composite index slid 4.78% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slumped 4.51%. 1,2,3.

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Conneqtor

JUNE 21, 2022

Commuting to and from work is becoming increasingly expensive with the rising fuel prices. With these record high gas prices, this surge is impacting all aspects of our lives including our businesses.

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Diamond Consultants

JUNE 21, 2022

The truth is that taking the time to get educated about the opportunities available is a smart business decision—regardless of whether you want or are ready to make a move. Advisors often wonder if there’s a right time to embark upon the due diligence process. And the reality is that it’s important that they always stay aware and educated about the opportunities around them—particularly in an environment that’s evolved rapidly over the last several years.

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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

Steve Sanduski

JUNE 21, 2022

In a Nutshell: Advisors have an extraordinary opportunity to understand their clients at a deeper level. To take advantage, all you need is curiosity, empathy, and a willingness to explore how past experiences with money are affecting financial choices today. Master these conversations and you’ll be able to facilitate positive behavior change, which is a skill — and a service — that will never become obsolete.

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Investment Writing

JUNE 21, 2022

This blog post was inspired by a section in Business Blather: Stop Using Words That Sound Good but Say Nothing! by Jerry McTigue. As you know, I agree with the mission of this book. Delete meaningless claims. In a section called “Enough with the platitudes already,” McTigue criticizes the “litanies of clichés and banalities writers believe exude a corporate luster simply because virtually every corporation proclaims them.

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Covisum

JUNE 21, 2022

Helping clients navigate Social Security changes to optimize their claiming strategy gets more complex each year. And accuracy is essential when calculating the best time for your clients to retire with the most significant amount of Social Security income.

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