The Big Picture

APRIL 12, 2023

U.S. Bureau of Labor Statistics: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in March on a seasonally-adjusted basis, after increasing 0.4 percent in February. Over the last 12 months, the all items index increased 5.0 percent before seasonal adjustment. ( April 2023 ) As much as I want to jump up and down about 0.1% seasonally adjusted (after a 0.4% prior month), the big number is not so big: 5.0% A 5 handle is a huge development, even with the core remaining sligh

Returns 140

Returns 140

The Reformed Broker

APRIL 10, 2023

A must-attend event for every RIA owner and practitioner, featuring Michael Kitces, Josh Brown, and Penny Phillips. Register here to secure your spot Michael Kitces is known as every financial advisor’s favorite financial advisor, with Kitces.com serving nearly 3,000 members and his Nerd’s Eye View blog reaching more than 200,000 unique visitors monthly.

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A Wealth of Common Sense

APRIL 11, 2023

I don’t know if this is my finance brain at work or just hitting middle age but anytime I travel now there invariably comes a point where I pull up home listings in the area on Zillow to get a sense of the local housing market. My family was in Marco Island, FL last week for spring break so of course I had to do some channel checks on housing prices in the area: Two things stand out here: (1) There are tons of list.

Financing 130

Financing Finance 130

Integrity Financial Planning

APRIL 14, 2023

When you enter retirement, your first action may likely be to take advantage of the ability to do nothing. From your hammock swinging in the warm sun or cozy chair in front of the fireplace, you might be smiling, sipping your coffee, thinking, “I’m finally done with that nearly life-long daily grind.” But the bliss of doing nothing—absolutely nothing—may not last you very long.

Investing 98

Investing 98

The Big Picture

APRIL 10, 2023

Nonfarm payrolls came out Friday, and once again they impressed with their underlying strength: 236,000 new workers were added in March, with February NFP revised upward to 326,000, as the unemployment rate fell to 3.5%. But there remains nearly two job opening for each unemployed worker, and despite rising wages, lots of decent positions remain unfilled.

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Legal Capital Returns 126

Sara Grillo

APRIL 11, 2023

Here are some Excel models financial advisors can use to create your Chart of Accounts. Download this Excel sheet below for free to get a template for a financial advisor income statement and financial advisor balance sheet. But first. For those of you who are new to my blog/podcast, hi! My name is Sara. I am a CFA® charterholder and I used to be a financial advisor.

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Consultants Consulting Liabilities Depreciation 97

Integrity Financial Planning

APRIL 11, 2023

In theory, the definitions of an investment or an expense are quite clear-cut. An expense, or cost, is simply the dispensing of time, money, or resources. An investment, while an expenditure, comes with the expectation of a return. [1][2] While the two ultimately have the same goal –to acquire a good or service—their intentions and outcomes differ. So, let’s discuss the main differences between an expense and an investment and why sometimes, the reasoning to back up each cost can make a di

Investing 97

Investing Assets Accounting Returns 97

The Big Picture

APRIL 8, 2023

 This week, we speak with Aswath Damodaran, who holds the Kerschner Family Chair in Finance Education at New York University’s Stern School of Business. A nine-time “Professor of the Year” winner at NYU, Damodaran teaches classes in corporate finance and valuation to MBA students. He has also written several books on corporate finance and equity valuation and has published widely in journals.

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Education Financing Finance Capital 118

The Reformed Broker

APRIL 14, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Liz Young, and Downtown Josh Brown discuss building a career in finance, cooling inflation, the stages of a recession, whether the VIX still matters, commercial real estate, the credit crunch, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

Financing 89

Financing Finance 89

A Wealth of Common Sense

APRIL 13, 2023

A reader asks: I’m a 30 year old living in Brooklyn making $175/year. I’m currently maxing out my 401k, Roth IRA, and have roughly $45k in a taxable brokerage account. Via my company’s ESOP, my company’s stock has become 20% of my brokerage account even after selling a good chunk steadily over the past several years. This year I received an RSU grant that will begin vesting in 2023.

Accounting 101

Accounting Assets Companies 101

Million Dollar Round Table (MDRT)

APRIL 11, 2023

By Michael DePilla, MDRT in-language content strategist Small continuous improvements and trying ideas that have worked for other financial advisors can keep you moving toward greater success. Try these quick-hit ideas from around the world about referrals, scheduling your work week, prospecting and standing out. They may give you that extra boost forward in your profession. 1.

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Prospects 83

The Big Picture

APRIL 13, 2023

Some encouraging news about people saving for retirement: A study by Vanguard Group found that “Automatic enrollment and the rise of target-date funds” are having a substantial and positive impact on retirement savers, in particular, on Millennials and Generation Z investors. They have seen a significant uptick in overall participation rate, which has increased from 62% in 2006 to 82% in 2021.

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Investors Funds Financing Finance 108

The Reformed Broker

APRIL 13, 2023

Final Trades: Biotech, Defense, Thermo Fisher & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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A Wealth of Common Sense

APRIL 10, 2023

Today’s Talk Your Book is brought to you by Innovator ETFs: On today’s show, we had Co-Founder and CEO Bruce Bond back on the show to give us an intro to Innovator’s latest fixed-income focused ETFs. On today’s show, we discuss: Differences between the barrier ETFs and the buffer ETFs The range of fixed-income barriers The fixed-income risk-reward tradeoff How fixed-income volatility affects incom.

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Million Dollar Round Table (MDRT)

APRIL 9, 2023

By Susan Robertson As a financial advisor, you can learn the nitty gritty of every financial product in the book and memorize a plethora of scripts about referrals, and you will likely do well in your career. Yet, will you create a career that’s the best fit for you and achieve your most audacious goals? You might not. Instead, you may end up watching the innovators in your profession achieve what you wish you could.

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The Big Picture

APRIL 11, 2023

My Two-for-Tuesday morning train WFH reads: • Stock Pickers Failed to Take Part in First-Quarter Rally : Bearish positioning, less exposure to big tech stocks hurt active fund managers. ( Wall Street Journal ) see also Take ‘Potential Winners’ With a Grain of Salt : Investment fads are nothing new, as the Salton Sea’s mid-century boom-turned-bust shows—a timeless lesson. ( Fisher Investments ) • Bond Market Is Overplaying the Risk of a Deep Recession : Trading in other major markets suggests a p

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Consultants Consulting Legal Financing 98

Financial Times: Moral Money

APRIL 12, 2023

EU’s pioneering carbon border tax could be used to achieve compensation from an aggressor

Taxes 93

Taxes 93

A Wealth of Common Sense

APRIL 12, 2023

Today’s Animal Spirits is brought to you by YCharts: See here for YCharts Top 10 Visuals for Prospect & Client Meetings On today’s show, we discuss: Stock pickers failed to take part in first-quarter rally Tech investing via Verdad Deposit outflows shine light on Fed program that pays money-market funds Why one firm’s 3,612% return is drawing the ire of hedge funds A historic labor market recovery Wages ma.

Hedge Funds 75

Hedge Funds Prospects Funds Returns 75

Million Dollar Round Table (MDRT)

APRIL 13, 2023

By Matt Pais, MDRT Content Specialist Your clients may know what they want to achieve, but how strongly do they go after it? In his 2012 Top of the Table presentation “Life’s lessons lead to life’s questions,” 43-year MDRT member Walter F. Putnam, CFP, CLU , recommended uncovering the three biggest issues clients need to address before they can take action on their goals.

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Financial Times M&A

APRIL 8, 2023

Charlie Javice’s Frank had early high-profile backers before persuading the bank to pay $175mn

Banks 86

Banks 86

Financial Times: Moral Money

APRIL 9, 2023

Shareholder groups say country-level disclosures could reveal risky strategies to avoid higher payments

Taxes 87

Taxes Companies Shareholders 87

A VC: Musings of a VC in NYC

APRIL 12, 2023

Six months ago, I wrote about Direct Air Carbon Capture and ended with this: I remember hearing that “we’ve spent hundreds of years taking carbon out of the ground and putting it into our atmosphere and we are going to spend hundreds of years taking carbon out of the atmosphere and putting it back into the ground”. I believe DAC will be a big part of how we do that.

Companies 64

Companies Investing 64

ModernAdvisor

APRIL 14, 2023

Commentary In Q1, US-based Silicon Valley Bank (SVB) and Signature Bank experienced bank runs as clients withdrew billions of dollars in deposits. Those were the 2nd and 3rd largest banks to fail in US history (neither were in the top 10 largest banks though). Then one of the largest Swiss banks, Credit Suisse, was forced to merge with UBS […] The post Q1 2023 Update appeared first on ModernAdvisor Blog.

Banks 52

Banks Investing 52

Financial Times M&A

APRIL 13, 2023

Apollo co-founder’s offer would make the team the most expensive ever sold as franchise valuations continue rising

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Bidding 77

Financial Times: Moral Money

APRIL 9, 2023

Sisters of St Joseph of Peace accuse bank of trying to ‘minimise its role’ in providing cash to a company building oil pipelines

Financing 70

Financing Finance Banks Companies 70

Wealthfront

APRIL 14, 2023

A decade ago, Wealthfront revolutionized the investing space by being among the first automated investment services to offer Tax-Loss Harvesting to clients. Tax-loss harvesting is the crown jewel of tax management strategies, and it represents what we consider to be the only reliable way for investors to outperform the market, as it allows you to […] The post Celebrating 10 Years of Tax-Loss Harvesting appeared first on Wealthfront Blog.

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Taxes Investors Investing 52

Tobias Financial

APRIL 14, 2023

Tobias Financial Advisors is proud to announce that our CEO Marianela Collado will serve as a panelist on the Collaborative Family Law Professionals of South Florida virtual webinar on Tuesday, April 18th at 8:00 AM EST. Accompanied by four other professionals, Marianela will speak about the creativity of collaborative practice. Whether you are a professional who works with families facing a divorce/separation or simply interested in this topic, tune in for this webinar.

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Financial Times M&A

APRIL 11, 2023

Decision takes Wall Street by surprise after private equity firm lined up billions in financing to buy a 50% stake

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Private Equity Firms Private Equity Firms Companies Stakes 77

Conneqtor

APRIL 14, 2023

Our founder, Derek Notman, was recently invited to sit down with the host of The Customer Wins podcast, Richard Walker, to discuss the challenges that financial advisors face, how Couplr is helping people connect with financial advisors, why he became a financial advisor, achieving work-life balance, and how AI is impacting the customer experience.

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American Investment Council

APRIL 13, 2023

New AIC Video Highlights How Private Equity Supports Small Businesses Across America, Including Wellness Pet Company WASHINGTON, D.C. – The American Investment Council is launching a new campaign aimed at promoting the benefits of private equity investment for small businesses across the United States. Private equity has a strong record of supporting small businesses and driving economic growth. 62% of investments made by private equity are in small businesses, providing them with the capital an

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Private Equity Firms Private Equity Firms Private Equity Managers Best Practices 52

Tobias Financial

APRIL 13, 2023

Have you been concerned about the recent volatility in the markets? You are not alone. The good news is there are ways to keep your investment goals in check. Our Chief Investment Officer Matthew Saneholtz, CFA, CFP®, EA shared a few thoughts on building a portfolio that meets your financial goals. Matthew stated that in order to get started, the following three ideas should be addressed.

Education 52

Education Stock Market Stock Market Accounting 52

Financial Times M&A

APRIL 10, 2023

Shell company backed by Bernard Arnault and Jean Pierre Mustier fails to find suitable target

Companies 83

Companies 83

The Big Picture

APRIL 13, 2023

My morning train WFH reads: • The U.S. Cracked a $3.4 Billion Crypto Heist—and Bitcoin’s Anonymity : “Federal authorities have pierced the veil of blockchain transactions. Investigators can now identify supposedly anonymous wallet addresses associated with terrorists, drug traffickers, money launderers & cybercriminals.” ( Wall Street Journal ) • End of the Gas-Engine Camaro Opens a New Door for Muscle Cars : G.M. is ending production of the classic American sports car, but execu

Taxes 52

Taxes Debt Assets Investing 52

Integrity Financial Planning

APRIL 12, 2023

What if you could reduce one of your biggest expenses? For some, taxes are a major expense, so it’s vital that you are strategic about your taxes, both now and in the future. If your tax rate is in the high 20s and 30s, that bill could amount to a high portion of your total costs. In this episode, Brian talks through several strategies people consider when it comes to minimizing taxes and whether you should incorporate them into your financial plan.

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Taxes Accounting Investing 52