The Big Picture

FEBRUARY 29, 2024

A century of tech adoption in 30 seconds click for animation Source: Blackrock The post U.S. Technology Adoption, 1900-2021 appeared first on The Big Picture.

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Abnormal Returns

FEBRUARY 28, 2024

Podcasts Peter Lazaroff with five reasons you need a financial plan that have nothing to do with money. (peterlazaroff.com) Justin Carbonneau and Jack Forehand talk with Justin Castelli about your mission in life. (youtube.com) How well do you know yourself? Barry Ritholtz talks with David Dunning. (ritholtz.com) Christine Benz and Amy Arnott talk with Marc Freedman who the co-CEO and founder of Encore.org about working later in life.

Retirement Planning 290

Retirement Planning Retirement Financial Planning Taxes 290

Nerd's Eye View

FEBRUARY 28, 2024

Initial outreach to a financial advicer rarely (if ever) results from a prospective client waking up in the middle of the night in a cold sweat because they just figured out that they're in desperate need of a comprehensive financial plan. Rather, prospects often reach out to set an initial appointment only when they realize they have a specific pain point that they need an advicer's help with.

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Planning Financial Advice Financial Planning Clients 246

A Wealth of Common Sense

FEBRUARY 27, 2024

Despite 5% short-term interest rates and stickier inflation than some people would like and the Fed potentially pushing back interest rate cuts for a few months and the new True Detective seasons being a massive disappointment…the S&P 500 continues to take out new all-time highs. By my count there have already been a baker’s dozen in 2024 alone.1 Here are the new highs by year since 2015: 2015: 10 2016: 1.

Investing 145

Investing Investments Marketing Marketing 145

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.

Accounting

The Big Picture

MARCH 1, 2024

 This week, we speak with David Snyderman, global head of Magnetar Capital LLC’s alternative credit and fixed-income business. He also serves as chairman of Magnetar’s investment committee and as a member of its management committee. Snyderman, who joined Magnetar in 2005 shortly after its launch, was previously the head of global credit and a senior managing director at Citadel Investment Group, and he served as a member of the management, portfolio management and investment/risk committ

Portfolio Management 182

Portfolio Management Management Portfolio Investing 182

Nerd's Eye View

FEBRUARY 26, 2024

In the early days of the financial advice industry, an advisor's options for generating new business were somewhat limited. Cold calls, country club memberships, Chamber of Commerce networking, and referrals (from clients or centers of influence) were staples for growth, and determining how successful those sales-centric efforts were was rather straightforward.

Marketing 245

Marketing Marketing Sales Clients 245

A Wealth of Common Sense

MARCH 1, 2024

A podcast listener asks: How do you both manage to produce podcasts every week, handle your jobs, write, read, and raise families without burning out? How do you maintain this balance? What strategies do you use to recharge yourselves? Personally, when I go on vacation, I completely disconnect from work, yet I’ve noticed you guys continue podcasting even during your vacations.

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Management 144

The Big Picture

FEBRUARY 27, 2024

Transcript: The transcript from this week’s MiB: Andrew Slimmon, Morgan Stanley Investment Management , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ XXXXX ~~~ The post Transcript: Andrew Slimmon, Morgan Stanley Investment Management appeared first on The Big Picture.

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Management Investing Investments 162

Abnormal Returns

FEBRUARY 27, 2024

Markets Communications and health care are leading the U.S. market in 2024. (capitalspectator.com) A closer look at Europe's answer to the Magnificent Seven stocks, GRANOLA. (biopharmadive.com) Strategy What happens when you invest right before a bear market? (awealthofcommonsense.com) The case for, but mostly against, dividend-focused ETFs. (ofdollarsanddata.com) Why it's so easy to get sucked into trading too much.

Advertising 290

Advertising Financial Advising Communication Economy 290

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

Wealth Management

FEBRUARY 29, 2024

The firm’s board is already conducting a search for his successor. Additionally, Greg Davis has been appointed as president in addition to his current role as chief investment officer.

Investing 142

Investing Investments 142

A Wealth of Common Sense

FEBRUARY 29, 2024

A reader asks: What’s the biggest risk in the markets right now? The simple answer here is the one everyone has been preparing for over the past 24 months — a recession. In the post-WWII era, the U.S. economy has slipped into a recession roughly once every 5 years or so, on average. Look at how spaced out those recessions (the grey bars) have become in recent decades: From the late-1940s through the early-198.

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Economy Marketing Marketing 144

Calculated Risk

FEBRUARY 29, 2024

From the NAR: Pending Home Sales Receded 4.9% in January Pending home sales in January dropped 4.9% , according to the National Association of REALTORS®. The Northeast and West posted monthly gains in transactions while the Midwest and South recorded losses. All four U.S. regions registered year-over-year decreases. The Pending Home Sales Index (PHSI)* – a forward-looking indicator of home sales based on contract signings – decreased to 74.3 in January.

Sales 134

Sales 134

Abnormal Returns

FEBRUARY 25, 2024

Top clicks this week Joshua Brown, "When too many learn the same game and it gets very easy to both play and teach to friends, the game breaks." (downtownjoshbrown.com) Why you need to further investigate high dividend yields. (wsj.com) The wealth management industry is going to be slammed with demand. (downtownjoshbrown.com) What's driving stock market returns?

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Math Wealth Management Retirement Planning 284

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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

Alpha Architect

MARCH 1, 2024

Be careful before acting on what is considered to be conventional wisdom. Make sure it’s supported by empirical evidence. In this case, the evidence makes clear that “cut your losses and let your profits run” should not be conventional wisdom. Cut Your Losses and Let Profits Run? was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

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Investing Investments 131

A Wealth of Common Sense

FEBRUARY 25, 2024

The housing market wasn’t supposed to remain this strong. People were forecasting for a 20% drop in housing prices in 2022. It made sense at the time. Everyone was predicting a recession. Prices had shot up 50% in three years. The Fed was jacking up interest rates. Mortgage rates went vertical. And all we got was a wimpy 2-3% dip in prices. I cannot predict the future but it’s hard to come up with a bearish th.

Marketing 144

Marketing Marketing 144

Calculated Risk

FEBRUARY 28, 2024

"Higher rates in recent weeks have stalled activity", Mike Fratantoni, MBA’s SVP and Chief Economist. From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 23, 2024.

Marketing 132

Marketing Marketing 132

Abnormal Returns

FEBRUARY 28, 2024

Markets Some of the most speculative sectors are perking up. (allstarcharts.com) Bitcoin hit its highest level since November 2021. (blockworks.co) Strategy Rubin Miller, "Investing on hopes and hunches — making emotional decisions — is why so few portfolios earn the actual market return." (fortunesandfrictions.com) The rise of passive investing hasn't broken the markets.

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Valuation Financial Advising Startup Media 279

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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

Nerd's Eye View

FEBRUARY 27, 2024

Welcome back to the 374th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Dianne Nolin. Dianne is the Managing Partner of Argent Bridge Advisors, a hybrid advisory firm based in Vienna, Virginia, that oversees $500 million in assets under management for 350 client households. What's unique about Dianne, though, is how she has been able to both expand the marketing of her firm, and its profitability, by taking the divorce financial planning work that has been a l

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Financial Advisor Clients Communication Financial Planning 130

Wealth Management

FEBRUARY 29, 2024

The dips in M&A and total assets in 2022 should have been a wakeup call for the industry to return its focus to organic growth.

Assets 128

Assets 128

Calculated Risk

MARCH 1, 2024

From the Census Bureau reported that overall construction spending increased: Construction spending during January 2024 was estimated at a seasonally adjusted annual rate of $2,102.4 billion, 0.2 percent below the revised December estimate of $2,105.8 billion. The January figure is 11.7 percent above the January 2023 estimate of $1,882.2 billion. emphasis added Private spending increased and public spending decreased: Spending on private construction was at a seasonally adjusted annual rate of $

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Abnormal Returns

MARCH 1, 2024

The biz Google Podcasts is going away. (wired.com) Finance Joe Weisenthal and Tracy Alloway talks multi-strategy hedge funds with Krishna Kumar, a portfolio manager at Goose Hollow Capital Management. (podcasts.apple.com) Patrick O'Shaughnessy talks with Ali Hamed, co-founder and partner at CoVenture. (joincolossus.com) Barry Ritholtz talks concentrated portfolios with Andrew Slimmon, managing director at Morgan Stanley Investment Management.

Portfolio Management 276

Portfolio Management Portfolio Management Investing 276

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

The Irrelevant Investor

FEBRUARY 26, 2024

Today was one of the best days of my life. I got to meet and interview my favorite athlete of all time, Eli Manning. Surreal is putting it mildly. I’ve never felt more of an emotional connection to an athlete than Eli, and I never really thought about why until this weekend when I was writing an introduction for him. I am a lifelong die-hard Giants and Knicks fan.

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Wealth Management

FEBRUARY 28, 2024

Nesvold says she’ll certainly use her M&A know-how, but she’ll also play a larger role connecting the dots between Emigrant’s businesses—with the high-net-worth individual at the center of it all.

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Calculated Risk

FEBRUARY 27, 2024

S&P/Case-Shiller released the monthly Home Price Indices for December ("December" is a 3-month average of October, November and December 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 Reports 5.5% Annual Home Price Gain for Calendar 2023 The S&P CoreLogic Case-Shiller U.S.

Accounting 128

Accounting Assets Marketing Marketing 128

Abnormal Returns

FEBRUARY 29, 2024

Crypto Memecoins are soaring. (theblock.co) A skeptical take on crypto, and factors. (ft.com) Brokers WeBull is going public via a SPAC deal. (wsj.com) Robinhood ($HOOD) wants to provide IRAs to gig workers. (investmentnews.com) Finance Banks are now lending to private credit funds. (semafor.com) Why Goldman Sachs ($GS) trades at a discount to the stock market.

Financial Advising 275

Financial Advising Media Economy Banking 275

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

A Wealth of Common Sense

FEBRUARY 28, 2024

Today’s Animal Spirits is brought to you by Franklin Templeton and Fabric by Gerber Life See here for more information on Franklin Templeton’s new Bitcoin ETF See here for more information on Life Insurance with Fabric by Gerber Life On today’s show, we discuss: Michael’s experience with Eli Manning How Japans Nikkei 225 got its mojo back T-bills without tax bills?

Insurance 115

Insurance Taxes 115

Wealth Management

MARCH 1, 2024

Sixty-one million people in the U.S. live with a disability; intergenerational planning for this population is critical.

Financial Planning 122

Financial Planning Planning 122

Calculated Risk

FEBRUARY 29, 2024

Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report this morning, both through January 2024. CPI Shelter was up 6.1% year-over-year in January, down from 6.2% in December, and down from the cycle peak of 8.2% in March 2023. Housing (PCE) was up 6.1% YoY in January , down from 6.3% in December, and down from the cycle peak of 8.3% in April 2023.

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