Nerd's Eye View

FEBRUARY 8, 2023

Seasoned financial advisors have likely worked with clients with a wide variety of workplace retirement accounts, which can vary in terms of their investment offerings, fees, and other characteristics. But given that the U.S. government is the largest employer in the country, it can be especially helpful for advisors to be familiar with the ins and outs of (and recent changes to) the Federal government’s own defined contribution plan: the Thrift Savings Plan (TSP).

Planning 245

Planning Retirement Retirement Planning Government 245

The Reformed Broker

FEBRUARY 7, 2023

“When I see a bubble forming I rush in to buy, adding fuel to the fire. That is not irrational.” – George Soros, 2009 I’ve spent 25 years watching, trading and investing in the stock market. The repetition of patterns is amazing. In every generation we see new bubbles, which form when a new innovation comes along and everyone gets excited about the future.

Investing 363

Investing Investments Marketing Marketing 363

The Chicago Financial Planner

FEBRUARY 8, 2023

Contrary to what some politicians might say, your Social Security benefits are not an entitlement. You’ve paid Social Security taxes over the course of your working life and you’ve earned these benefits. Many retirees and others collecting Social Security wonder about the tax treatment of their benefit. The answer to the question in the title is that your Social Security benefits may be subject to taxes.

Taxes 291

Taxes Retirement Financial Planner Financial Advisor 291

The Big Picture

FEBRUARY 9, 2023

I am always fascinated when seemingly random sources converge on the same concept. The current convergence involved some research I was doing centered on Dunning Kruger, Vanguard’s Tim Buckley, my partner Josh’s AI/ChatGPT post, and the general state of the market. It’s like a real-time version of “ The Blind Men and the Elephant ,” by John Godfrey Saxe.

Media 276

Media Numbers Marketing Marketing 276

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

Abnormal Returns

FEBRUARY 9, 2023

Strategy How a big, successful trade can distort your thinking for years to come. (youngmoney.co) Meb Faber on why more people don't invest in managed futures funds. (rcmalternatives.com) Companies Activist investors are lining up against Salesforce ($CRM). (wsj.com) Just how big is Apple's ($AAPL) services business? (finbold.com) Do we need to slow down the race to public AI?

Financial Advising 246

Financial Advising Startup Communication Economy 246

Nerd's Eye View

FEBRUARY 6, 2023

Welcome to the February 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that the “financial monitoring software” platform Elements has raised $5 million in a seed-extension funding round as it seeks to establish a foothold in the rapidly growing AdvisorTech categ

B2B 220

B2B Financial Advice Clients Planning 220

The Big Picture

FEBRUARY 10, 2023

I get too many emails. So much so that I had to set up separate email addresses for things like subscriptions, etc. I am impressed with the overall quality of Substacks I receive; I have a few favorites that I never miss. But it hass become too easy to add another, and they all it piled up in my inbox, looking a little too much like homework. It recently got worse: I have noticed how many of my subscription emails in the inbox (see above) are now Substacks.

Media 276

Media Management 276

Abnormal Returns

FEBRUARY 6, 2023

Markets February has historically been the second worst month for the stock market. (allstarcharts.com) Finance We're all better off having a robust short selling community. (netinterest.co) Why Rothschild & Co is going private. (ft.com) Wall Street layoffs are nothing new. (npr.org) Companies Four big trends are causing the tech giants trouble.

Financial Advising 246

Financial Advising Media Marketing Marketing 246

The Reformed Broker

FEBRUARY 8, 2023

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Bear Market Rallies – Another bear market rally or a new bull market? ►AI Bubble of 2023 – ChatGPT had over 100 million users in January.

Marketing 246

Marketing Marketing Investing Investments 246

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

Nerd's Eye View

FEBRUARY 10, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that according to CFP Board leaders, “everything is on the table” when it comes to the organization’s announced competency standards review. Among others, one notable item that could be reviewed is the current certification requirement that a candidate must have attained at least a bachelor’s degree, which some observers have suggested

Financial Planner 219

Financial Planner CFP Certification Retirement Planning 219

The Big Picture

FEBRUARY 6, 2023

I am in Florida for the big ETF Exchange event. It’s a giant annual conference with 2000+ people attending in Miami to network, talk ETF’s, and discuss the future of the industry. It’s always a worthwhile hang. (Full agenda here ) My contribution to the event is a live Masters-in-Business with the Vanguard Group’s CEO Tim Buckley. We will be recording it for broadcast next week; even if you cannot make it to Miami tomorrow, you will be able to hear what the CEO of Vanguard Grou

Investing 275

Investing Investments Marketing Marketing 275

Abnormal Returns

FEBRUARY 8, 2023

Markets Ben Carlson, "Don’t buy or sell or hold anything because someone on TV or YouTube or Twitter or a blog or a TikTok video tells you to." (awealthofcommonsense.com) Neil Dutta, "In my view, what makes someone worth listening to is whether their thought process makes sense. It is not enough to point to this indicator or that one." (businessinsider.com) AI AI-powered search could help kill off the link ecosystem.

Financial Advising 244

Financial Advising Advertising Communication Economy 244

The Reformed Broker

FEBRUARY 10, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Brian Belski, and Downtown Josh Brown discuss earnings season, recession fears, market sectors, PE expansion out of a bear market, small cap stocks, consumer staples, Bob Iger getting things done, Microsoft vs Google, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Marketing 243

Marketing Marketing 243

Advertisement

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

Nerd's Eye View

FEBRUARY 9, 2023

For many financial advisors, setting asset minimums helps ensure that their firm can generate enough revenue to maintain business costs and compensate the advisor appropriately. While finding prospective clients who are a good fit for the firm can be challenging, what can be even more challenging is letting a prospect who doesn’t meet the firm’s asset minimum requirements know that they wouldn’t be a good fit for the firm.

Assets 214

Assets Communication Financial Advisor Financial Planning 214

The Big Picture

FEBRUARY 4, 2023

This week, we speak with financial journalist William D. Cohan, who is the bestselling author of Money and Power: How Goldman Sachs Came to Rule the World, House of Cards: A Tale of Hubris and Wretched Excess on Wall Street, and The Last Tycoons: The Secret History of Lazard Frères & Co., among other books. A former Wall Street M&A investment banker for 17 years, Cohan is also a founding partner at the media company Puck.

Engineering 203

Engineering Media Management Investing 203

Pragmatic Capitalism

FEBRUARY 7, 2023

When I was 10 years old I read the classic “Where the Red Fern Grows” It’s a book about a young boy who adopts two dogs who eventually get into [ … ]

189

189

The Reformed Broker

FEBRUARY 9, 2023

Final Trades: Danaher, AbbVie, Paramount & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

246

246

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

Abnormal Returns

FEBRUARY 8, 2023

Investing When you save matters as much as your investing returns. (awealthofcommonsense.com) Millionaires likely didn't get rich through their investments. (ofdollarsanddata.com) What red flags you should keep an eye out for with new investments. (ritholtz.com) Social media finance gurus gloss over a lot of the tough stuff. (thisisthetop.substack.com) What to know about measuring yield.

Retirement 246

Retirement Taxes Media Portfolio 246

The Big Picture

FEBRUARY 10, 2023

My end-of-week morning train WFH reads: • Inside Wall Street’s gloom-and-doom racket: If an ‘expert’ is warning you that the market is about to crash, check their math : Admittedly, stocks haven’t done well over the last year, but instead of providing clients and the general public with clear-eyed views, a new ecosystem of hackneyed, alarmist analysts is relying on low-quality data to push people away from steady investments into an alternative ecosystem of products of du

Math 170

Math Engineering Manufacturing Investing 170

Calculated Risk

FEBRUARY 8, 2023

From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 7.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2023. The Refinance Index increased 18 percent from the previous week and was 75 percent lower than the same week one year ago.

Marketing 143

Marketing Marketing 143

The Reformed Broker

FEBRUARY 7, 2023

UBS says buy Berkshire Hathaway from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

246

246

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

Abnormal Returns

FEBRUARY 5, 2023

Top clicks this week 11 things that zero interest rates enabled including the rise of Cathie Wood. (youngmoney.co) 20 lessons Seth Klarman learned from the GFC including 'Do not accept principal risk while investing short-term cash.' (investmenttalk.substack.com) What can you assume about stock, bond and cash returns over the long run. (awealthofcommonsense.com) Why side hustles aren't worth the hassle.

Retirement 162

Retirement Numbers Planning Investing 162

A Wealth of Common Sense

FEBRUARY 7, 2023

One of my favorite things about financial media is the profiles of individual investors in the Wall Street Journal. I don’t know how they do it but somehow the Journal gets regular people to spill their guts about thoughts on the markets or how they’re positioning their portfolios. This week’s piece on the rise and fall of amateur investors didn’t disappoint.

Investing 135

Investing Investments Media Portfolio 135

Calculated Risk

FEBRUARY 8, 2023

From the U.S. Courts: Bankruptcy Filings Drop 6.3 Percent Bankruptcy filings fell 6.3 percent for the 12-month period ending Dec. 31, 2022, continuing a fall that coincided with the start of the COVID-19 pandemic. But individual filings under Chapter 13 increased significantly. Annual bankruptcy filings in calendar year 2022 totaled 387,721, compared with 413,616 cases in 2021, according to statistics released by the Administrative Office of the U.S.

138

138

Advisor Perspectives

FEBRUARY 6, 2023

The greatest anomaly is that despite decades of poor performance and the failure to effectively hedge exposure to conventional security classes, assets under management among hedge funds have grown from about $300 billion 25 years ago to about $5 trillion today.

Assets 111

Assets Management 111

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

Alpha Architect

FEBRUARY 10, 2023

Given that valuations provide information on equity returns, it should not be surprising to learn that valuation spreads provide information on future factor premiums. <strong>Factor Returns and the Information in Valuation Spreads</strong> was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Valuation 109

Valuation Investing Investments 109

A Wealth of Common Sense

FEBRUARY 5, 2023

Facebook was one of the worst-performing stocks in the S&P 500 in 2022, falling 64% on the year. Who knew pouring billions into the metaverse during a time of Fed tightening and 9% inflation would be a bad idea? Well last year’s loser has turned into their year’s darling. Facebook shares are up more than 55% in the first month and change of 2023, including a one-day jump of more than 20% this week after th.

Marketing 125

Marketing Marketing 125

Wealth Management

FEBRUARY 7, 2023

GlobeSt.com looks at where the multifamily sector might be showing distress. Leasing momentum is improving at trophy office buildings in Washington, D.C. These are among today’s must reads from around the commercial real estate industry.

111

111