Wealth Management
AUGUST 2, 2023
In a new risk alert, SEC examiners stressed that firms have appropriate staffing to comply with AML regulations, especially after the wave of sanctions following Russia’s invasion of Ukraine.
Calculated Risk
JULY 31, 2023
From the Federal Reserve: The July 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices The July 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the second quarter of 2023.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nerd's Eye View
AUGUST 4, 2023
Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that credit ratings agency Fitch on Tuesday downgraded its assessment of the U.S. government's creditworthiness from an AAA rating to AA+. While the downgrade has made headlines and might be startling to advisory clients (particularly those with significant portfolio allocations to U.S.
The Big Picture
AUGUST 3, 2023
Source: Madison Trust The post Who Are the World’s Largest Land Owners? appeared first on The Big Picture.
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.
Abnormal Returns
AUGUST 4, 2023
Audio YouTube is working on being able to dub any language into another. (restofworld.org) Why it's inevitable the streaming services will welcome AI music. (honest-broker.com) Interviewing Russell Sherman talks with Barry Ritholtz about what he has learned through 500 episodes of the 'Masters in Business' podcast. (ritholtz.com) Matt Breitfelder, Partner and Global Head of Human Capital at Apollo, talks with Ted Seides about having better conversations.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Nerd's Eye View
AUGUST 2, 2023
Adoption, the social and legal process in which an adult is formally made the parent of another individual (typically a child), helps fill a critical need in society: to unite children who need loving families with those who want to raise children. At the same time, adoption can be expensive, with costs that can add up to $70,000 or more. Which means that financial advisors can play an important role in adoption planning – helping clients strategically plan for the costs involved in the pr
The Big Picture
AUGUST 1, 2023
After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. Blame whatever you want – Too far, too fast? End of ZIRP? Too rapid rate increases? – but the giveback off the highs was substantial: S&P 500 was down ~23%, Russell 2000 was off 27%, and the Nasdaq 100 came down 32%.
Abnormal Returns
AUGUST 4, 2023
Strategy Why you can't hedge inflation in the short run. (whitecoatinvestor.com) A Q&A with William Bernstein author of "The Four Pillars of Investing." (wsj.com) Don't confuse collectibles with investments. (investmentnews.com) Apple Services and wearables are the standouts for Apple ($AAPL). (sixcolors.com) Why Apple ($AAPL) is shifting iPhone production to India.
The Reformed Broker
AUGUST 3, 2023
Apple’s earnings are going to move the market, says Ritholtz’s Josh Brown from CNBC Chart of the day: Qualcomm from CNBC Grade my trade: DIS, UNH, RIG & BROS from CNBC Final Trades: Uber, Cisco, CVS & more from CNBC
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.
Nerd's Eye View
JULY 31, 2023
Many financial advisors who launch solo advisory firms do so with the intention of adding more employees once the firm becomes big enough to support them. And while conceptually it makes sense that the firm will be ready to hire its first employee at some point, in practice, there often isn't a lot of clarity about the right time to actually make an initial hire.
The Big Picture
AUGUST 2, 2023
My mid-week morning Plane reads: • A Generational Change : People view bonds as competition for stocks as a bad thing. But it’s not.( Irrelevant Investor ) see also Stocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99 : Fixed income underwhelms as Teflon economy strands bears More than half of JPMorgan clients now see no recession. ( Bloomberg ) • Local Malls, Stuck in ‘Death Spiral,’ Plunge in Value Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 mill
Abnormal Returns
AUGUST 1, 2023
July 2023 How major asset classes performed in July 2023. (capitalspectator.com) The U.S. stock market is on a five-month winning streak. (ft.com) Markets What investors got wrong about the stock market's rally year-to-date. (ritholtz.com) The yield curve has been inverted for over a year now. (theirrelevantinvestor.com) Meme stock traders just can't quit bankrupt stocks.
The Reformed Broker
AUGUST 2, 2023
Earnings are justifying the rally, but aren’t on further gains, says Ritholtz’s Josh Brown from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.
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.
Nerd's Eye View
AUGUST 1, 2023
Welcome back to the 344th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brad Barrett. Brad is the Managing Director and Partner of One Capital Management, an independent RIA based in Westlake Village, California, with locations across the country, that oversees $5.3 billion in assets under management for more than 2,000 client households.
The Big Picture
AUGUST 4, 2023
I am a sucker for a good infographic. This depiction of the top 100 brands by Brand Finance (via Visual Capitalist ) is a good example. They examined 5,000+ companies across 38 countries. A brand’s value represents “the allocation of company earnings that are linked to the brand.” By sector, its Tech at #1 (19.4%), Retail at #2 (15.0%), Media at #3 (14%), Banking at 4 (10.2%) and Automobiles at 5 (8.6%) click for original The post 100 Most Valuable Brands appeared first on The Big Pi
Abnormal Returns
JULY 30, 2023
Top clicks this week Ken Bui, "Private equity sucks the good out of American products and businesses." (luxcapital.com) Eight ways compounding can get interrupted. (blog.validea.com) What do you get when you run a regression on the returns of the Invesco QQQ Trust ($QQQ)? (alphaarchitect.com) How to properly use a DCF model. (capitalgains.thediff.co) Why you should keep in mind the 'return on hassle' when it comes to your investments.
The Reformed Broker
AUGUST 1, 2023
Final Trades: McDonald’s, Qualcomm & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
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.
Clever Girl Finance
AUGUST 2, 2023
Are you considering starting a side hustle? Perhaps you imagine quitting your job one day to take your business full-time, or maybe you just need to make a little extra money in your spare time. When launching a successful side hustle, there are several foundational things you should have in place. Table of contents What exactly is a side hustle and how can it benefit you?
The Big Picture
AUGUST 2, 2023
I recorded an interview with Russell Sherman of ProSec, who interviews various people in the media to discuss their careers in Press Profiles. The excuse was the 500th episode (more or less) of Masters in Business. Here is Russelll: Barry Ritholtz just recorded his 500th episode of the highly regarded Master’s in Business radio show and podcast on Bloomberg.
Abnormal Returns
JULY 31, 2023
Markets Every major asset class is up YTD. (capitalspectator.com) The equity risk premium keeps shrinking. (wsj.com) Strategy One year returns are all over the place. Thirty years, not so much. (awealthofcommonsense.com) Don't let news dictate your investing strategy. (dariusforoux.com) Successful investing is ultimately a creative act. (herbgreenberg.substack.com) Finance CME Bitcoin futures volume is growing.
The Reformed Broker
JULY 29, 2023
And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. These are the most read posts on the site this week, in case you missed it: . The post This Week on TRB appeared first on The Reformed Broker.
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
Wealth Management
AUGUST 4, 2023
California-based Litman Gregory has completed its second acquisition under parent company iM Global Partner in a bid to become a national RIA.
A Wealth of Common Sense
AUGUST 4, 2023
The most popular retirement plan for people in the early-20th century and before was simple — you died. No saving your entire career and moving to Florida or Arizona to golf your days away for the next 2-3 decades. No gold watch ceremonies when you hung it up at the office. Most people simply worked until they dropped dead because a life of leisure in retirement wasn’t a thing for most people.
Abnormal Returns
AUGUST 1, 2023
Quant stuff Quant investing is all about combating behavioral biases. (mrzepczynski.blogspot.com) A round-up of the past month's best research papers including 'Before Index Funds: How Much of the Market Return Could Investors Have Got?' (bpsandpieces.com) Global Two trends that could help unlock value in Japan's stock market. (mailchi.mp) A review of country risk premia from Aswath Damodaran.
Advisor Perspectives
AUGUST 3, 2023
The US Treasury boosted the size of its quarterly bond sales for the first time in 2 1/2 years to help finance a surge in budget deficits so alarming it prompted Fitch Ratings to cut the government’s AAA credit rating a day earlier.
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.
Wealth Management
AUGUST 4, 2023
Focus Financial co-founders Rajini Kodialam and Lenny Chang are leaving their executive roles at the firm, according to a source, and CEO Rudy Adolf may not be far behind.
A Wealth of Common Sense
AUGUST 3, 2023
A reader asks: I’m looking to purchase a new home in the coming months as I’m in need of some additional space. I’m weighing my options with my existing home — to rent or to sell — which has a 3% interest rate and $200k in equity since I purchased it in 2016. My real estate agent along with many other pundits seem to default to renting it out as the no-brainer approach because of the 3% inter.
Abnormal Returns
JULY 29, 2023
Tesla Tesla ($TSLA) has long tried to suppress complaints about vehicle range. (reuters.com) Long term Tesla ($TSLA) owners still love their vehicles. (bloomberg.com) EVs A consortium of automakers is planning to build out a U.S. charging network. (bloomberg.com) GM ($GM) is struggling on the battery manufacturing front. (nytimes.com) EV makers are upping their goals to create family-style vehicles.
Expert insights. Personalized for you.
98 
Let's personalize your content