When recession becomes a reality and your clients go into panic mode, your firm can suffer from decreased revenue, inflationary pressures, and anxious clients. Learn best practices for delivering outstanding support to your clients, while continuing to grow your business in a challenging environment with AssetMark’s new guide, Recession Proof Your Practice.
I’ve identified five core competencies that help firms run more efficiently and effectively. Here is a bit about each and how your CRM can help.
Consumers want meaningful connections, authenticity, and value from credible sources, whether or not they have “celebrity” status.
The war has been tremendously costly, in Ukraine and beyond.
Being flexible with spending matters. My analysis shows that variable spending strategies – including floor-and-ceiling, guardrail, actuarial and other methods – can dramatically increase sustainable retirement spending.
Debt isn’t forever but can definitely seem like it. That feeling is a clue you have too much debt. Wisely used, debt helps build income-generating assets that pay for themselves. The payments are manageable because you’re also getting something else of value.
Close to 90% of the world’s central banks are at some point in the process of creating their own digital currency. Are you ready?
A gold IRA is one way to diversify your retirement portfolio. It can protect your savings from plummeting in the event of a stock market crash or high inflation.
Leveraged properly, AI technology can serve as a partner instead of an adversary.
Janus Henderson Group Plc’s new boss has a plan to revive the struggling money manager, whose clients have yanked about $130 billion since 2017.
The S&P 500 is rising after falling the past four sessions as equites have shown some volatility amid festering uncertainty regarding the ultimate economic impact of aggressive global central bank tightening.
Billions of dollars are accumulating in Moscow beyond the reach of its foreign owners.
MPW’s dividend is safe.
Silver is more volatile, cheaper and more tightly linked with the industrial economy. Gold is more expensive and better for diversifying your portfolio overall.
The world of exchange-traded funds — still synonymous with passive investing — is turning into a battleground for Wall Street’s biggest players as they compete for a slice of the active-management industry.
With the consumer price index increasing during the last few years at a rate not seen for nearly 40 years, the investing challenge for the coming year is finding ways to generate real returns during exceptionally high inflation.
VettaFi’s Tom Hendrickson discusses the latest Bitwise/VettaFi Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets. Dimensional’s Wes Crill offers perspective on the growth of their ETF business, mutual fund to ETF conversions, value investing, and more. Alpha Architect’s Wes Gray explains their white labeling service and spotlights two recent ETF launches.
Investors continue to seek signs of a change in season—and clues about how the Federal Reserve might react to it.
Federal Reserve officials like to call their decisions “data dependent.” Business leaders say it a little differently, often “data driven.” The point, in both cases, is something like: “We consider relevant data when making important decisions.”
Gold is nearing its strongest buy signal in four months as the U.S. dollar eases off a rally that’s carried the greenback to its highest point since early January.
Here are some places where the genuinely rich keep their money.
There are several ways to include philanthropic giving in your estate plan. Here are five common options.
Advisors who have business owners as clients need to adapt their discovery process and service plans to help these independent and resourceful investors.
Contrarian investing requires extra due diligence to identify traits that give investors confidence and conviction to invest in a company when everything and everyone is against it.
Most think so.
Like all trusts, a charitable trust is a legal entity that you create for the purpose of holding and managing assets. The trust is wholly separate from you. It owns any assets it holds, pays taxes and requires management just like any other legally recognized entity.
The United States must grasp the opportunity that the money revolution has made possible by undertaking a government-financed investment program in 21st century industries and technologies on such a large scale that it would be certain to succeed.
US stocks are ripe for a selloff after prematurely pricing in a pause in Federal Reserve rate hikes, according to Morgan Stanley strategists.
Advisor Perspectives has announced its Venerated Voices™ awards for commentaries published in 2022.
This Super Bowl will also be remembered, I believe, as a major turning point in sports betting in the U.S. More than 50 million American adults are expected to bet on the game, the most ever and a remarkable 61% increase from last year.
Review the latest portfolio strategy commentary from Mike Gibbs, managing director of Equity Portfolio and Technical Strategy.
Investors who own index funds have strapped themselves into a giant stock market roller coaster which, to this point, has only gone up.
With the new year in its infancy, it may be too early to think about where to spend Thanksgiving or booking your car’s fall tune-up.
Differing economic cycles and limited trade links will make the sur unfeasible.
How do you visualize the organizational structure that best leverages the strengths of your staff and puts you on a path for fast, profitable growth?
Making more money by directing someone to a product or solution shouldn’t be a goal. Even if the potential reduction in revenue to the firm is sizable in the near term, it’s more important to ensure that the client reaches their financial life goals.
Ignoring the Federal Reserve’s determination to keep raising rates and hold them there is a wildly profitable trade on Wall Street right now. It’s trying to swim against the rising market that carries risks.
A flurry of big deals in sectors ranging from mining to storage has provided respite for the world’s dealmakers after their slowest start to a year in two decades.
The European Central Bank raised its policy rate, and more hikes are coming.
The greatest anomaly is that despite decades of poor performance and the failure to effectively hedge exposure to conventional security classes, assets under management among hedge funds have grown from about $300 billion 25 years ago to about $5 trillion today.
The cost of insuring emerging-market nations against default fell to the lowest in nearly a year as the dollar weakens and investors bet that less aggressive US tightening will bring relief to developing borrowers.
These weekly letters, of which I’ve now written well over 1,000 (plus 7 books and multiple papers and articles), are generally about two broad topics: the economy and the financial markets. While related, these aren’t the same. Good news for one can be (and often is) bad news for the other.
In 1965 I was studying for a degree in Engineering.
As expected and discussed in the January Macro Tides the December Consumer Price Index (CPI) dropped below 7.0% falling to 6.5% from 7.1% in November.
Wall Street had widely expected that the Federal Reserve would ease up on its pace of rate hikes to battle inflation on Wednesday.
I’ll share strategies you can use to grow your list, manage it, and connect with subscribers effectively – broken down into four steps you can easily accomplish over a month.
Shaky property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices.
How many times have your clients or employees stalled and failed to take action? And then their stall had you managing the fallout?
Waiting for your phone to ring for a referral is no longer the safe zone it once was, unless you are happy depending on an unpredictable and passive model to grow your business.
2022 was a painful year in financial markets with almost all traditional assets delivering significant losses.
