Tue.Jan 31, 2023

article thumbnail

External CFO hires slumped in 2022: study

CFO Dive

External CFO hires declined in 2022, but companies are increasingly looking to their financial leaders as ‘logical successors’ to the CEO when it comes time to fill their top executive seat.

CFO 229
article thumbnail

#FA Success Ep 318: From So Many Clients To So Few: Transitioning From Retail Brokerage To The Multi-Family Office, With Ali Swart

CFO News Room

Welcome back to the 318th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Ali Swart. Ali is a Partner and the Managing Director for Waldron Private Wealth, a multi-family office based in Bridgeville, Pennsylvania that oversees nearly $3 billion in assets under management for 280 ultra-high-net-worth family households.

Retail 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

4 rules for CFOs cutting office space

CFO Dive

Trimming office space budgets has always been a quick cost-cutting solution for companies in recessionary times. Now hybrid work is complicating matters.

Budgeting 234
article thumbnail

Musings on Markets: Data Update 3 for 2023: Inflation and Interest Rates

CFO News Room

If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the bond market. The US treasury market, considered by some still as a safe haven, was anything but safe or a haven, especially at the long maturities, as long term rates soared, with inflation (not the Fed) being the key driver. As a result, treasury bond investors faced one of their worst years in history, losing close to a fifth of their principal, as bonds were repriced.

Marketing 130
article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

AIG fires interim CFO, citing confidentiality breach

CFO Dive

AIG says its departing finance chief, Mark Lyons, is walking away from the company with a $7.5 million settlement in recognition for past contributions.

CFO 219

More Trending

article thumbnail

Poshmark CFO’s ‘adventurous’ career journey

CFO Dive

Rodrigo Brumana landed the CFO seat at Poshmark after coming to the US about 20 years prior knowing little English and having no financial experience.

CFO 209
article thumbnail

China: House Divided | AIER

CFO News Room

There have been claims that China’s enormous economic growth and widely shared prosperity are the result of turning to capitalism. I think this is not true; China is not capitalist. Of course, that depends on having a definition of capitalism that is clear, and that does not simply apply to all nations. It also requires a definition that is not so naively aspirational that no nation could satisfy the conditions to qualify as truly capitalist, because of the tendency toward cronyism in democracie

article thumbnail

Wage growth slows, blunting threat of wage-price spiral

CFO Dive

Federal Reserve policymakers say that a steady decline in wage growth is essential for a sustained easing of inflation.

232
232
article thumbnail

Stocks making the biggest moves midday: Pentair, UPS and more

CFO News Room

General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | Reuters Check out the companies making headlines in midday trading Tuesday. General Motors — The automaker’s stock surged more than 7% after the company cruised past analyst estimates on the top and bottom lines for its fourth quarter.

article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

article thumbnail

Decision Attribution: Portfolio Manager Skill vs. Past Performance

CFA Institute

As portfolio managers, being able to show our investors — with data-driven evidence — that we know exactly what we are good at and the steps we are taking to improve goes a long way.

article thumbnail

A Deeper Understanding of Creativity at Work

CFO News Room

ALISON BEARD: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Alison Beard. Fears about robots taking over our jobs ebb and flow over time, but with the recent rise of AI tools like DALL·E, which can scrape the internet to create some not bad art and design work, and Chat GPT, which can mimic human writing and even pass medical, bar and business school exams, now everyone seems to be worried.

Planning 100
article thumbnail

10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train WFH reads: • The U.S. Consumer Is Starting to Freak Out : The flush savings accounts and cheap credit that helped keep Americans spending at high rates since 2020 are disappearing. ( Wall Street Journal ) see also The Decline of the Nice-to-Have Economy : Consumers are reining in their spending on pandemic-era luxuries and conveniences, just as investors are doing the same—putting startups in a double bind ( Wall Street Journal ) • After 30 Years, the King of ETF

Economics 107
article thumbnail

CFOs cautiously optimistic about 6-6.8% growth

CFO News

Most finance leaders have found the economic survey’s projection of 6-6.8% for 2023-24 a reasonable estimate and are optimistic about it. However there is a long list of headwinds in the path.

article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

The Consumer Is Starting to Freak Out

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►S&P Reshuffles – “Growth and value indexes run by S&P Dow Jones Indices saw record turnover, with almost a third of their market capitalization affected” ►Top 10 Stocks – “A remind.

Finance 98
article thumbnail

Budget 2023 Income Tax slabs changed: Rebate limit increases to Rs 7 lakh in new tax regime

CFO News

FM is also making the new income tax regime the default tax regime. Citizens will have the option of availing the benefit of the old tax regime. Government would be forgoing the total revenue of Rs 35,ooo crore annually.

article thumbnail

#FA Success Ep 318: From So Many Clients To So Few: Transitioning From Retail Brokerage To The Multi-Family Office, With Ali Swart

Nerd's Eye View

Welcome back to the 318th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Ali Swart. Ali is a Partner and the Managing Director for Waldron Private Wealth, a multi-family office based in Bridgeville, Pennsylvania that oversees nearly $3 billion in assets under management for 280 ultra-high-net-worth family households.

Retail 75
article thumbnail

Budget 2023: FY23 fiscal deficit seen adhered to 6.4%, FY24 gap estimated at 5.9%

CFO News

FM said the government plans to bring the fiscal deficit below 4.5% by FY26.

article thumbnail

Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

article thumbnail

Monitor Your Cash Flow Like a Pro: Insider Tips & Best Practices

https://trustedcfosolutions.com/feed/

There is one universal truth we can all agree on in business: money matters. You must spend money to make money and to do that you need a healthy cash flow. However, cash flow is the number one reason businesses fail. It directly contributes to the long-term success of a business and impacts nearly every decision. Eighty-two percent of those that fail do so because of insufficient funds and cash flow problems.

article thumbnail

Under Hindenburg attack, Adani Enterprises' FPO scrapes through on institutional buying

CFO News

The FPO was subscribed 1.12 times on oversubscription of qualified institutional buyer and non-institutional investor portions even as the retail quota saw a lukewarm response and was subscribed only 0.12 times.

Retail 59
article thumbnail

Transcript: Neil Dutta

Barry Ritholtz

 The transcript from this week’s, MiB: Neil Dutta, Renaissance Macro Research , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

article thumbnail

India to be USD 5 trillion economy by FY2026: CEA Anantha Nageswaran

CFO News

"So, USD 5 trillion is something which can happen by 2025-26 or 2026-27 and USD 7 trillion by 2030, depending on how the dollar-rupee (pair) behaves and what our nominal GDP growth in rupee terms is," Nageswaran told

52
article thumbnail

Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

article thumbnail

201: Nonhlanhla Mona

CFO Talks

1X ‘Humanitarian at heart’ Welcome to the CFO Club Africa podcast, where we interview leading CFOs from Africa and beyond. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. Go to www.cfoclub.co.za and join our community of accounting and finance executives.

CFO 52
article thumbnail

Adani exposure less than 1% of total AUM, says LIC

CFO News

LIC's total holding in Adani Group of companies under equity and debt was Rs 35,917 crore at the end of December, the company said in a note. It said the total purchase value of equity under all Adani Group companies was Rs 30,127 crore and the market value of the same was Rs 56142 crore at the end of January 27, 2023.

article thumbnail

Exciting New Power BI Features For 2023

Collectiv

Microsoft Power BI recently released two new features—App Audiences and Comparison Calculation Measures. We’ve been using them for a few months and love how they streamline and simplify content distribution and DAX. Let’s take a look at these latest features in Power BI. Power BI New Feature: App Audiences This multiple audiences feature allows you to customize your Power BI applications to share different content with various user groups within a single app or workspace.

article thumbnail

Economic Survey 2023: India ready for faster takeoff

CFO News

With respect to growth, the survey appears optimistic on both the near- and medium-term outlook. In FY24, its baseline expectation is real GDP growth will rise 6.5% YoY versus 7% in FY23, suggesting that despite a global slowdown, it expects domestic demand to remain resilient, backed by strength in private consumption and a pickup in private investment.

article thumbnail

PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.