Nerd's Eye View

MARCH 12, 2025

Following the long run-up in the US equity markets since the bottom of the 2008–2009 financial crisis, many investors with taxable investment accounts have likely found themselves with high embedded gains in their portfolios. If the exchange meets the requirements of Section 351, it is tax-deferred for investors.

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Taxes Portfolio Asset Allocation Assets 147

Wealth Management

APRIL 11, 2024

Matthew Gotlin will lead an expanded investment team focused on tax-efficient and tech-enabled investing and research.

Investing 278

Investing Investments Taxes 278

Wealth Management

NOVEMBER 6, 2023

Next gen clients have shown themselves to be less focused on tax implications and traditional investment returns, and more keen on making an impact both via their gifting and investing.

Investing 311

Investing Investments Taxes Clients 311

Abnormal Returns

DECEMBER 19, 2023

advisorperspectives.com) A history of quant investing and the state of the factor zoo. indexologyblog.com) Inflation makes tax efficiency all the more important. advisorperspectives.com) Can you use alternative measures to invest across countries? Factors Timing returns factors is tempting, but difficult in practice.

Investing 289

Investing Investments Valuation Retail 289

Nerd's Eye View

NOVEMBER 19, 2024

So, whether you're interested in learning about building a profitable hyperfocused practice, implementing a marketing approach that reaches a firm's ideal target client, or adding value for clients by offering advanced tax planning, then we hope you enjoy this episode of the Financial Advisor Success Podcast, with Anjali Jariwala.

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Clients Financial Advisor Business Planning Taxes 244

The Big Picture

OCTOBER 2, 2023

Along those lines, here are in chronological order, the thinkers who have helped shape how I view the world view, including how I philosophically think about the economy, markets, and investing. 10 Quotes That Shaped My Investment Philosophy 1. Being right may be a necessary condition for investment success, but it won’t be sufficient.

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Investments Investing Economy Portfolio 345

The Big Picture

NOVEMBER 26, 2024

Full transcript below. ~~~ About this week’s guest: Matt Hougan, Chief Investment Officer at Bitwise Asset Management discusses the best ways to responsibly manage crypto assets. I’m Barry Ritholtz, and on today’s edition of At the Money , we’re going to discuss how retail investors can responsibly invest in crypto.

Investing 147

Investing Investments Assets Retail 147

Nerd's Eye View

NOVEMBER 15, 2024

Also in industry news this week: NASAA has proposed an amendment to its broker-dealer conduct model rule that would restrict the use of the terms “advisor” and “adviser” for broker-dealers and their registered representatives who are not also investment advisers or investment adviser representatives A recent study suggests that (..)

Financial Planner 246

Financial Planner Asset Allocation Taxes Tax Planning 246

Calculated Risk

DECEMBER 22, 2024

There were many promises made during the campaign that obviously will not happen (deport 20 million people, no taxes on tips, overtime or Social Security benefits, 200% tariffs, and on and on). We can assume the 2017 Tax Cuts and Jobs Act (TCJA) will be extended. Through November, starts were down 4.3% New home sales were up 2.1%

Economics 290

Economics Economy Sales Commission 290

Abnormal Returns

OCTOBER 24, 2024

awealthofcommonsense.com) Cash was never meant to be a long-term investment. bonddad.blogspot.com) Tax cuts and tariffs are a recipe for inflation. (freedomdaysolutions.com) Strategy How often do outlier 10-year forecasts turn out? ritholtz.com) Why optimism makes sense over the long run.

Investments 288

Investments Investing Startup Financial Advising 288

The Big Picture

DECEMBER 4, 2024

Would you like to diversify but also defer paying big capital gains taxes? Meb Faber, founder and chief investment officer of Cambria Investments, speaks about a new ETF that may be the solution to the challenge of concentrated equity positions. It doesn’t mean you’re not gonna pay capital gains tax.

Taxes 130

Taxes Portfolio Accounting Management 130

Abnormal Returns

OCTOBER 7, 2024

wsj.com) ETFs Cambria and Alpha Architect are teaming up for the Cambria Tax Aware ETF ($TAX). Companies What are the chances that Google ($GOOGL) gets broken up? ft.com) Pfizer ($PFE) has an activist in Starboard Value. wealthmanagement.com) Derivatives-based ETFs are booming, with retail piling in.

Investments 278

Investments Investing Financial Advising Retail 278

Wealth Management

JANUARY 17, 2023

WMRE asked Michael Osherovitz, FTI’s new head of its private client tax group, about the biggest issues facing HNW investors and family offices who have real estate holdings.

Taxes 306

Taxes Investing Investments Clients 306

Wealth Management

FEBRUARY 25, 2025

The lifecycle investor has taken a minority stake in Venning Advisors, a full-service tax and accounting services firm.

Accounting 236

Accounting Taxes Investing Investments 236

Nerd's Eye View

NOVEMBER 25, 2024

These clients, typically in or near retirement, face key challenges like reducing taxes, managing investment risk, and maximizing income. In the final 60-minute review, Taylor presents the Retirement Assessment, covering 3 key questions: how to maximize income, lower taxes, and optimize investments in retirement.

Financial Planning 235

Financial Planning Sales Planning Retirement 235

Calculated Risk

FEBRUARY 23, 2025

Here is an update to a graph that uses new home sales, single family housing starts and residential investment. (I Note that Residential Investment is quarterly and single-family starts and new home sales are monthly. I prefer single family starts to total starts). I ignored that downturn as a pandemic distortion.

Sales 309

Sales Investments Investing Taxes 309

Nerd's Eye View

DECEMBER 30, 2024

We start with several articles on retirement planning: Why considering a client's retirement time horizon and spending flexibility could lead to more accurate (and often higher) safe withdrawal rates than the simpler "4% rule" Four unique risks retirees face when drawing down their assets, from sequence of returns risk to tax risk, and how financial (..)

Financial Advisor 240

Financial Advisor Insurance Tax Planning Taxes 240

The Chicago Financial Planner

FEBRUARY 8, 2023

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

Wealth Management

OCTOBER 16, 2024

New UMA capabilities, personalized indexing, automated tax-loss harvesting and CTO Services announced for 2025 by Commonwealth.

Management 274

Management Investing Investments Taxes 274

MainStreet Financial Planning

NOVEMBER 8, 2024

As December unfolds, it’s easy to overlook year-end tax planning amid the holiday hustle. However, dedicating a few moments now can lead to significant savings come tax season. To help you retain more of your hard-earned money and reduce your tax liability, consider these five strategic moves before the year concludes.

Taxes 97

Taxes Medical Consulting Education 97

Wealth Management

NOVEMBER 14, 2024

Kevin Knull, President of TaxStatus, reveals how a direct integration with the IRS is revolutionizing tax planning at Nitrogen's 2024 Fearless Investing Summit.

Taxes 246

Taxes Tax Planning Planning Investing 246

Nerd's Eye View

NOVEMBER 4, 2024

This month's edition kicks off with the news that Holistiplan has announced the rollout of a new estate plan document extraction tool to stand alongside its highly popular tax return scanning tool – which highlights how advances in AI technology have allowed tools like Holistiplan to go beyond tax returns and scan nearly any kind of document (..)

Estate Planning 243

Estate Planning Planning Communication Taxes 243

Abnormal Returns

OCTOBER 28, 2024

youtube.com) The biz Why Hightower Advisors is buying an institutional investment consultant. kitces.com) Tax-loss harvesting is going long-short. (artofmanliness.com) Ben Carlson talks about the state of the retirement savings market with Shawn O'Brien, Director of Retirement at Cerulli Associates.

Risk Tolerance 275

Risk Tolerance Retirement Consulting Financial Planning 275

Abnormal Returns

JANUARY 10, 2024

thomaskopelman.com) If you get paid by 1099 you need to do more work to manage your tax liabilities. (humbledollar.com) A personal margin of safety allows for less stressful life transitions. awealthofcommonsense.com) Five things you can do with your old 401(k) account. thomaskopelman.com) How Venmo is more than a payment app.

Investments 268

Investments Investing Financial Planning Retirement 268

Abnormal Returns

NOVEMBER 6, 2024

(morningstar.com) Barry Ritholtz talks shareholder yield with Meb Faber of Cambria Investments. podcasts.apple.com) Taxes A year-end tax planning checklist. kindnessfp.com) How to think about taxes in early retirement. ritholtz.com) Carl Richards talks avoiding burnout with Jonny Miller.

Estate Planning 173

Estate Planning Tax Planning Retirement Taxes 173

Nerd's Eye View

JANUARY 24, 2025

Nonetheless, given the scale and brand awareness of the wirehouses, and as their own use of fee-based models increases (as opposed to primarily relying on commissions from selling products), competition for clients (and advisors) will likely remain stiff going forward, even amidst the favorable trends for RIAs Also in industry news this week: A recent (..)

Financial Planner 246

Financial Planner Asset Allocation Clients Commission 246

The Big Picture

JANUARY 24, 2024

At the Money: How to Pay Less Capital Gains Taxes (January 24, 2024) We’re coming up on tax season, after a banner year for stocks. Successful investors could be looking at a big tax bill from the US government. On this episode of At the Money, we look at direct indexing as a way to manage capital gains taxes.

Taxes 247

Taxes Portfolio Wealth Management Management 247

Nerd's Eye View

JANUARY 31, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they (..)

Financial Planner 245

Financial Planner Retirement Planning Compliance Taxes 245

Abnormal Returns

DECEMBER 25, 2024

podcast.moneywithkatie.com) Peter Lazaroff on how tax projections work. peterlazaroff.com) Housing Taxes and insurance are creeping up as a percentage of total home ownership costs. morningstar.com) Investing Three easy ways to simplify your portfolio. wsj.com) Owning a home isn't for everyone.

Financial Advice 147

Financial Advice Retirement Taxes Insurance 147

Abnormal Returns

NOVEMBER 24, 2023

podcasts.apple.com) Michael Klein talks the fairness of the tax system with William G. (freakonomics.com) Joe Weisenthal and Tracy Alloway talk about the problem with the U.S. offshore wind industry with Chelsea Jean-Michel of BloombergNEF. theirrelevantinvestor.com) Mark Manson also talks with Morgan Housel.

Taxes 263

Taxes Media Economy Investments 263

Nerd's Eye View

MAY 29, 2024

And for many business sales that create capital gains of more than $500,000, the one-time spike in taxable income created by selling a business can bump the seller into a higher income tax bracket, requiring them to forfeit a significant chunk of their funds needed for retirement to pay their own tax bill on the sale. Under IRC Sec.

Sales 246

Sales Taxes Assets Retirement 246

Abnormal Returns

AUGUST 26, 2024

riabiz.com) Joe Duran's RIse Growth Partners just made its first (big) investment. kitces.com) The pleasures of going from investment FOMO to JOMO. (thinkadvisor.com) RIAs continue to move up market. thinkadvisor.com) M&A Creative Planning is set up to do more, bigger deals going forward.

Taxes 263

Taxes Financial Advising Financial Advice Assets 263

MainStreet Financial Planning

NOVEMBER 25, 2024

The maximum amount of earnings subject to Social Security tax (taxable maximum) will increase to $176,100 from $168,600. The individual tax brackets for ordinary income have been adjusted by inflation. On average, tax parameters that are adjusted for inflation will increase about 2.80%.

Taxes 97

Taxes Planning Retirement Planning Accounting 97

The Big Picture

MAY 9, 2024

Not if you spend tax season on a boat! TikTokInvestors: “Apart from his misleading arrogance and the inaccurate market statistics mentioned, a 401K is possibly the best investment vehicle for the average American. A good start would be eliminating all of the terrible FinTok advice on taxes, day trading and investing.

Media 336

Media Taxes Math Investments 336

Calculated Risk

APRIL 7, 2025

This graph uses new home sales, single family housing starts and residential investment. (I Note that Residential Investment is quarterly and single-family starts and new home sales are monthly. I prefer single family starts to total starts). Click on graph for larger image. I ignored that downturn as a pandemic distortion.

Sales 241

Sales Economy Economics Investments 241

Nerd's Eye View

OCTOBER 16, 2024

Since the Tax Cuts & Jobs Act (TJCA) was passed in 2017, few households have been subject to the Alternative Minimum Tax (AMT), which TCJA restructured so that it applied mainly to a select number of upper-income households.

Taxes 246

Taxes Clients Planning Numbers 246

Nerd's Eye View

MARCH 28, 2025

Also in industry news this week: A recent survey indicates that younger "DIY" investors are more likely to be interested in working with a human advisor than their older counterparts, suggesting an opportunity for advisors to tap into this demographic (perhaps by setting minimum planning fees that ensure these clients can be served profitably today (..)

Financial Planner 228

Financial Planner Retirement Retirement Planning Clients 228