Nerd's Eye View

DECEMBER 27, 2023

Financial advisors have a fiduciary obligation to act in their clients' best interests, and at the same time are prohibited by state and SEC rules from making misleading statements or omissions about their advisory business. These responsibilities also extend to the use of any technology used in the process of giving advice: A recommendation made with the aid of technology still needs to be in the client's best interests, while the technology also needs to carry out any function as it's describe

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Abnormal Returns

DECEMBER 24, 2023

Top clicks this week Six charts that defined markets in 2023. (axios.com) If you're such a great trader why are you spending all your time and effort selling a trading course? (ofdollarsanddata.com) Ben Carlson, "I will never understand the permabear mindset – these people that prey on the fears of others for personal gain." (awealthofcommonsense.com) What do you get when you combine momentum and quality?

Marketing 304

Marketing Marketing 304

The Big Picture

DECEMBER 24, 2023

Billie Eilish may be only 22, but she sings like a chanteuse with decades of hard living behind her — a world-weary angel. Her version of this little tune gives it an entirely different read than the original Judy Garland take from Meet Me in St Louis. I imagine this version has some studio exec suggesting she do an album of Christmas songs; but not only is it way too early in her career) for that, it’s a bit lightweight and ephemeral for her wonderful voice and phrasing; instead, sh

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A Wealth of Common Sense

DECEMBER 26, 2023

In late-2019, The Economist put out a 150 page report called The World in 2020 that offered some predictions for the coming year in geopolitics and the economy. The issue was full of thoughts and ideas from CEOs, economists, scientists, politicians and business leaders about what was coming in the year ahead. These thought leaders were worried about the lasting impacts of Brexit, the upcoming U.S.

Economy 131

Economy Marketing Marketing 131

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

Nerd's Eye View

DECEMBER 25, 2023

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more. And as 2023 draws to a close, we wanted to highlight 25 of the most popular and insightful articles that were featured throughout the year (that you might have missed!).

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The Big Picture

DECEMBER 23, 2023

This week, we speak with Stephen Suttmeier , director and chief equity technical strategist at B of A Merrill Lynch. His Monthly Chart Portfolio of Global Markets and Market Analysis Commentary are both widely read among professional traders. He has been highly ranked in Institutional Investors’ Research Poll and was the winner of the Best Bank for Equity Research category in the Technical Analyst Awards.

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Retail Banking Financial Market Sales 196

Alpha Architect

DECEMBER 26, 2023

For many benchmark predictor variables, short-horizon return predictability in the U.S. stock market is local in time as short periods with significant predictability (“pockets”) are interspersed with long periods with no return predictability. Are stock returns predictable at different points in time? was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

Marketing 123

Marketing Marketing 123

Nerd's Eye View

DECEMBER 28, 2023

Throughout history, there has been an age-old question of the difference between an investment and an expense. Society often views expenses as a permanent fixture in life, suggesting that there is no path away from their burden. But what if there was an alternative path? What if there was a way to shift our financial mindset about expenses from one of endless sunk costs to one of intentional investment?

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Investing Investments Communication Education 196

Abnormal Returns

DECEMBER 26, 2023

Quant stuff You don't want your AI model to 'hallucinate' when analyzing SEC filings. (cnbc.com) A round-up of recent research on portfolio design including 'Outperforming Equal Weighting.' (capitalspectator.com) Regime changes happen in markets. (priceactionlab.com) Research Can machine learning help select outperforming mutual funds? (alphaarchitect.com) The Achilles heel of momentum strategies is tail risk.

Economics 287

Economics Portfolio Marketing Marketing 287

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

The Big Picture

DECEMBER 23, 2023

The weekend is here! Pour yourself a mug of coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • The 2024 research dump! A comprehensive round-up of all the 2024 investment outlook reports ( Financial Times ) • Christmas Didn’t Start Out as a Shop Fest. Here’s How It Became One. the holiday season accounts for nearly a fifth of U.S. annual retail sales, and more for sellers of clothes, toys, and other prime gift items.

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Retail Manufacturing Media Economy 157

A Wealth of Common Sense

DECEMBER 29, 2023

A podcast listener asks: Michael and Ben are so optimistic it makes me nervous. This past month+ has been so good it can’t be real. The market goes up and gas goes down every day, the VIX is at 12, etc. Life and investing is not this easy! Help us explore the potential downsides. Do you see consumer credit risk after holiday bills come due? My wife and I are 43 and entering our peak earning years.

Investing 118

Investing Investments Marketing Marketing 118

Nerd's Eye View

DECEMBER 26, 2023

Welcome everyone! Welcome to the 365th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Rob Nelson. Rob is the CEO and Founder of NorthRock Partners, an RIA based in Minneapolis, Minnesota, that oversees $5 billion in assets under management for 1,500 client households. What's unique about Rob, though, is how while many advisory firms increasingly talk about being more than 'just' their client's financial advisor and instead their entire 'personal CFO', Rob has b

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Financial Advisor Clients Assets Insurance 142

Abnormal Returns

DECEMBER 25, 2023

Podcasts Michael Kitces talks with Ted Jenkin who is the consultant of JTPD Partners, a firm that helps financial advisors gather offers, negotiate, and ultimately sell their advisory firms. (kitces.com) Broc Buckles and Peter Ciravolo talk with Peter Lazaroff, CIO of Plancorp, about his career path. (open.spotify.com) Ben Johnson and Julie Willoughby talk with Nicole Hunter and Ugo Egbunike about the day-to-day operations of the ETF business.

Financial Advising 287

Financial Advising Startup Financial Advice Commission 287

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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

The Big Picture

DECEMBER 27, 2023

 The Best Way to Sell Your House with Jonathan Miller, Miller Samuel, December 27, 2023 Is it a seller’s market? That seems to be the consensus, but there are still tips and tricks to getting the biggest return for your home. On today’s episode, we discuss what to do, and NOT do, when selling a house. Full transcript below. ~~~ About this week’s guest: Jonathan Miller is founder and President of Miller Samuel.

Sales 144

Sales Numbers Marketing Marketing 144

Advisor Perspectives

DECEMBER 26, 2023

The Conference Board Leading Economic Index (LEI) fell for a 20th consecutive month in November as the LEI suggests a downshift in economic activity ahead. The index dropped 0.5% from last month to 103.0, the index's lowest reading since May 2020.

Economics 121

Economics 121

Calculated Risk

DECEMBER 27, 2023

Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie Serious Delinquencies in November: Single Family Mostly Unchanged, Multi-Family Increased Brief excerpt: Single-family serious delinquencies were mostly unchanged in November, however, multi-family serious delinquencies increased. Freddie Mac reports that multi-family delinquencies increased to 0.28% in November, up from 0.15% in November 2022.

Marketing 120

Marketing Marketing 120

Abnormal Returns

DECEMBER 28, 2023

Markets The top 23 charts from 2023 including volatile mortgage rates. (bilello.blog) Cocoa, Solana, and uranium had a good year. (ft.com) Strategy 10 questions for 204 including 'What happens to all the cash on the sidelines?' (awealthofcommonsense.com) 23 ideas from 2023 including 'Kind>Clever.' (safalniveshak.com) Finance The bond market rally is helping to repair Schwab's ($SCHW) balance sheet.

Financial Advising 285

Financial Advising Media Economy Marketing 285

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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

Alpha Architect

DECEMBER 29, 2023

The empirical research findings demonstrate that the return premium generated by being long low-distress risk stocks and short high-distress risk stocks is persistent and that the capital asset pricing model (CAPM) and the Fama-French three-factor models cannot explain it. Hence, we have the distress puzzle, or anomaly. The Financial Distress Puzzle was originally published at Alpha Architect.

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Assets Investments Investing 117

Trade Brains

DECEMBER 27, 2023

High FII Holding Stocks under Rs 500 : Any country in the world welcomes any capital brought or invested in by foreign institutions because it can help companies invest in capex, R&D, and strategic stakes, which are some of the factors that make FII stakes appealing in the shareholding of any company. In this article, we will look at High FII Holding Stocks Under Rs 500 and analyze their operations, financials and much more.

Healthcare 110

Healthcare eCommerce B2B Government 110

Calculated Risk

DECEMBER 26, 2023

S&P/Case-Shiller released the monthly Home Price Indices for October ("October" is a 3-month average of August, September and October closing prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. From S&P S&P CoreLogic Case-Shiller Index Accelerates in October The S&P CoreLogic Case-Shiller U.S.

Assets 117

Assets Marketing Marketing 117

Abnormal Returns

DECEMBER 28, 2023

Business The story of the chaotic rise and fall of electric scooter rental company Bird. (wired.com) A big profile of Open AI CEO Sam Altman who keeps landing on his feet. (wsj.com) A profile of Byrne Hobart of The Diff. (meridian.mercury.com) Environment China is rapidly making the EV transition. (bloomberg.com) Where farmers are pulling more water from aquifers than can be replaced.

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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

Advisor Perspectives

DECEMBER 26, 2023

“I believe the overall market will be up 10% to 15% from today's level by the end of 2024,” said Jeremy Siegel in our annual interview.

Marketing 122

Marketing Marketing 122

Alpha Architect

DECEMBER 29, 2023

The world is complex and ever-changing; news travels at warp speed, events happen fast, and popular narratives can distract and mislead us. Many risks important for our portfolios are new, hidden, or nuanced in some underappreciated way—and likely to be misunderstood and mispriced in the markets. Other risks can hide in plain sight. Good risk management can be described as a balancing act that employs the first principles of investing, lessons from history, behavioral psychology, a little math,

Math 110

Math Risk Management Portfolio Management 110

Calculated Risk

DECEMBER 29, 2023

Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased in November; Up 6.3% Year-over-year A brief excerpt: On a year-over-year basis, the National FMHPI was up 6.3% in November , from up 5.6% YoY in October. The YoY increase peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in April 2023.

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Abnormal Returns

DECEMBER 27, 2023

Podcasts Barry Ritholtz talks with Jeff Hirsch about stock market seasonality. (ritholtz.com) Morgan Housel on why we are better spotting other people's flaws than our own. (open.spotify.com) Real estate Trying to time the housing market is folly. (awealthofcommonsense.com) The rent vs. buy decision depends, in part, on time horizon. (home-economics.us) Apartment companies are changing how they build with long term renters in mind.

Accounting 274

Accounting Investing Investments Marketing 274

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

NAIFA Advisor Today

DECEMBER 28, 2023

With 2023 coming to a close, we look back at our top podcasts from this year. Advisor Today's podcast series has been a source of inspiration and knowledge for the financial services community through deep dives into the strategies, stories, and wisdom of industry leaders.

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Financial Services 105

Cornerstone Financial Advisory

DECEMBER 26, 2023

Weekly Market Insights : Investors Boost Stocks Ahead Of Holiday Week Investor optimism and fears of missing out on future gains propelled stocks higher in the last full week of trading before year-end. The Dow Jones Industrial Average added 0.22%, while the Standard & Poor’s 500 gained 0.75%. The Nasdaq Composite index advanced 1.21% for the week.

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Taxes Investment Advisor Sales Investing 105

Calculated Risk

DECEMBER 29, 2023

Today, in the Real Estate Newsletter: Question #10 for 2024: Will inventory increase further in 2024? Brief excerpt: Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2024. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on my blog).

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Economics Sales Marketing Marketing 113