Advisor Perspectives
NOVEMBER 13, 2023
Research on tax-efficient retirement distribution strategies aims to sequence withdrawals from taxable, tax-deferred, and tax-exempt accounts to maximize after-tax spending. That can be either in terms of meeting an after-tax spending goal for as long as possible or preserving the most after-tax legacy after meeting spending needs over a specified timeframe.
The Big Picture
NOVEMBER 16, 2023
Over at Alphaville , Robin Wigglesworth looks at whether ‘Greedflation’ (aka price-gouging) meaningfully contributed to Eurozone inflation. Specifically, Bank of England research suggests that while they “find no evidence of a rise in overall profits in the UK” they did notice that “companies in the oil, gas and mining sectors have bucked the trend” with “some companies… much more profitable than others.”1 I was pretty skeptical about Greedflation initia
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Calculated Risk
NOVEMBER 15, 2023
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Continuing Decline in Architecture Billings, AIA/Deltek Architecture Billings Index Reports The AIA/Deltek Architecture Billings Index (ABI) reports that business conditions at architecture firms continued to soften in October. For the third consecutive month, the ABI score was under 50, indicating that a significant share of firms is seeing a decline in billings.
Wealth Management
NOVEMBER 15, 2023
CEO Shirl Penney expects his independent advisor services platform to reach its goal by Independence Day of next year, and he still has plans to take the company public.
Speaker: Erroll Amacker
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
Abnormal Returns
NOVEMBER 13, 2023
Crypto The crypto industry is at a crossroads, post-FTX. (on.ft.com) Michael Batnick and Ben Carlson talk with Chris Kuiper, Director of Research at Fidelity Digital Assets. (theirrelevantinvestor.com) Startups The startup scene is living in two different worlds: AI and everything else. (theinformation.com) What rate of return do successful VCs need to get from their investments?
The Big Picture
NOVEMBER 15, 2023
Markets screamed higher yesterday after a benign CPI report showed a 0.0% monthly price increase and inflation falling to 3.2% year over year. After a big gap opening, latecomers piled in; many had been sitting on the sidelines following a challenging 2022, while others got panicked out during the 10% October drawdown. It was a classic fear-driven error, a combination of bad market timing and poor impulse control.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Wealth Management
NOVEMBER 16, 2023
Advisors will now have more flexibility in scheduling rebalances of their chosen models.
Abnormal Returns
NOVEMBER 12, 2023
Markets U.S. stocks have outperformed internationa; stocks for a decade now. (wsj.com) Close-end fund discounts are at historically high levels. (wealthmanagement.com) Why seasonality matters. (allstarcharts.com) Strategy What it going to happen to all those assets in money market fund when yields eventually fall? (awealthofcommonsense.com) Chances are, you don't need a bespoke portfolio.
Nerd's Eye View
NOVEMBER 15, 2023
In the depths of the COVID-19 pandemic, many small businesses such as restaurants, entertainment venues, and retail stores experienced cratering revenues, either due to government lockdown orders that forced many non-essential businesses to temporarily shut their doors, or simply due to lack of demand since many of their customers decided to stay at home out of an abundance of caution.
Calculated Risk
NOVEMBER 16, 2023
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report: Weekly Housing Trends View — Data Week Ending Nov 11, 2023 • Active inventory increased slightly, with for-sale homes 0.6% above year ago levels. For 20 straight weeks, the number of homes available for sale registered below that of the previous year. However, active listings exceeded last year’s levels this week, reversing the recent trend. • New listings–a measure of sellers putting homes up for s
Advertisement
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
Wealth Management
NOVEMBER 13, 2023
Van Leeuwen & Company's Jeff Mattonelli discusses ways to connect with the generation that relies on non-traditional sources to get their investment ideas and data.
Abnormal Returns
NOVEMBER 15, 2023
Podcasts Christine Benz and Jeff Ptak talk with Scott Burns about keeping things simple in retirement. (morningstar.com) Brad Barrett talks with JL Collins author of “Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence―And How to Join Them.” (choosefi.com) Withdrawal rates The higher the withdrawal rate, the great the sequence-of-returns risk.
Nerd's Eye View
NOVEMBER 16, 2023
For many financial advisory firms that start out as solo shops, a single advisor-owner is often responsible for managing all aspects of running their practice, from handling all aspects of client service to prospecting for new clients. But as a firm's client base grows, the owner might find that they need to bring on employees to help manage the expanding workload.
Calculated Risk
NOVEMBER 13, 2023
Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-November A brief excerpt: Last week, in Part 1: Current State of the Housing Market; Overview for mid-November I reviewed home inventory and sales. Most measures of house prices have shown an increase in prices over the last several months, and a key question I discussed in July is Will house prices decline further later this year?
Advertisement
Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
Wealth Management
NOVEMBER 13, 2023
Band-aid solutions will no longer work to bring family offices into a more digital world.
Abnormal Returns
NOVEMBER 12, 2023
Top clicks this week A five-step framework for reading market news. (tker.co) What does the S&P 493 tell us? (economist.com) This week was a good example why you should never be positioned for extremes. (theirrelevantinvestor.com) Small and mid-cap stocks have badly lagged large caps. (awealthofcommonsense.com) Ray Dalio wants you to forget about the new book written about him and Bridgewater Associates.
Nerd's Eye View
NOVEMBER 13, 2023
Traditionally, financial planning meetings have been held face-to-face in an advisor's office, and over the years, a body of research has emerged showing that how the advisor's office is laid out can have a significant impact on how clients perceive the advisor, their mood during the meeting, and even their resulting financial planning decisions. However, over the last decade (and particularly since the beginning of the COVID-19 pandemic), many advisors have increasingly been holding virtual cli
Calculated Risk
NOVEMBER 17, 2023
Today, in the CalculatedRisk Real Estate Newsletter: October Housing Starts: Near Record Number of Multi-Family Housing Units Under Construction Excerpt: The third graph shows the month-to-month comparison for total starts between 2022 (blue) and 2023 (red). Total starts were down 4.2% in October compared to October 2022. And starts year-to-date are down 11.3% compared to last year.
Speaker: Aaron Berson
Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g
Wealth Management
NOVEMBER 15, 2023
Open, honest and candid discussions about the latest news in the RPA industry.
Abnormal Returns
NOVEMBER 17, 2023
Concentration How worried should you be by an increasingly concentrated stock market? (alphaarchitect.com) Stock market skew makes portfolio concentration dangerous. (awealthofcommonsense.com) Fund management Emerging market investors have a China decision to make. (wsj.com) Bonds vs. bond funds: funds are fine for most investors. (etf.com) AI A deep dive into the state of AI from Coatue.
Nerd's Eye View
NOVEMBER 14, 2023
Welcome back to the 359th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Eric Miller. Eric is the Chief Financial Advisor and Co-Owner of Econologics Financial Advisors, an independent RIA based in Largo, Florida, that generates more than $4M of revenue while working with nearly 300 client households. What's unique about Eric, though, is how he leverages a custom-built financial planning assessment he calls their Financial Prosperity Index, which he gives to bo
Calculated Risk
NOVEMBER 16, 2023
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 34, down from 40 last month. Any number below 50 indicates that more builders view sales conditions as poor than good. From the NAHB: Builder Sentiment Down Again, but Better Building Conditions are in View High mortgage rates that approached 8% earlier this month continue to hammer builder confidence, but recent economic data suggest housing conditions may improve in the coming months.
Speaker: Sierre Lindgren
Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.
Wealth Management
NOVEMBER 15, 2023
Growing up with a single mom, a disabled sister and a personal struggle with dyslexia, Heather Kelly should have been a statistic. Instead, she has become one of the most successful and inspiring women in financial services.
Abnormal Returns
NOVEMBER 16, 2023
Active management Why asset allocators usually fail when it comes to manager selection. (investmentecosystem.com) When does conviction turn into arrogance? (flyoverstocks.com) Finance The London Stock Exchange Group is 'no longer particularly about London — or about trading stocks.' (ft.com) The Nasdaq ($NDAQ) has been on an acquisitions tear. (bloomberg.com) Auto insurance Why Florida has such high auto insurance rates - auto glass lawsuits.
The Reformed Broker
NOVEMBER 17, 2023
On episode 118 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Kevin Simpson to discuss: covered call strategies, the Fed, Warren Buffett’s latest moves, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else!
Calculated Risk
NOVEMBER 15, 2023
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 10, 2023. The Market Composite Index, a measure of mortgage loan application volume, increased 2.8 percent on a seasonally adjusted basis from one week earlier.
Advertisement
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
Wealth Management
NOVEMBER 14, 2023
An advisor’s role should include helping clients become more fluent in what may be the world’s most consequential language.
Abnormal Returns
NOVEMBER 14, 2023
Quant stuff Just because someone says that use quantitative tools, doesn't mean they do. (researchaffiliates.com) Why two investors with the same information can come to different decisions. (mrzepczynski.blogspot.com) Private equity Why you should be skeptical of private equity return claims. (alphaarchitect.com) Why pension funds change their private equity benchmarks so often.
The Big Picture
NOVEMBER 11, 2023
This week, we speak with Linda Gibson , who is CEO of PGIM ‘s Quantitative Solutions , a pioneer in quant investing managing $119 billion in assets. Gibson holds a bachelor’s degree in mathematics from Bates College and a law degree from Boston College and is a graduate of the Advanced Management Program at Harvard Business School. PGIM is one of the world’s largest asset managers, running $1.27 trillion in client assets.
Calculated Risk
NOVEMBER 17, 2023
From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately‐owned housing starts in October were at a seasonally adjusted annual rate of 1,372,000. This is 1.9 percent above the revised September estimate of 1,346,000, but is 4.2 percent below the October 2022 rate of 1,432,000. Single‐family housing starts in October were at a rate of 970,000; this is 0.2 percent above the revised September figure of 968,000.
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.
Expert insights. Personalized for you.
126 
Let's personalize your content