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The Latest In Financial #AdvisorTech (December 2022)

CFO News Room

Read the analysis about these announcements in this month’s column, and a discussion of more trends in advisor technology, including: eMoney Advisor launches a new Explore feature that helps clients move past just planning for their goals and instead have the opportunity to see what other goals might even be possible in the first place.

Planning 130
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The Growing “Do Good” Economy

CFO News Room

Its founder walked away with a giant buyout package even as its valuation crashed. And I am a lover of math. I was a math nerd in high school. Math is one of my favorite tools. That company is now mired in an enormous financial scandal. The company whose filing paper said it was going to change the world.

Nonprofit 130
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Weekend Reading For Financial Planners (Dec 17-18) 2022

CFO News Room

We also have a number of articles on retirement planning: While weak stock and bond market performance has challenged advisors and their clients this year, these trends have likely increased the ‘safe’ withdrawal rate for new retirees. Adam is an Associate Financial Planning Nerd at Kitces.com. Enjoy the ‘light’ reading! Team Kitces.

Education 130
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Transcript: Tom Hancock, GMO

Barry Ritholtz

What, what was the career plan? I’d say management consulting is any of the other thing that least at that time was the other career trajectory, just my personality, more of a math oriented introvert. It’s great to be here. 00:02:41 [Barry Ritholtz] So, so you have a really interesting and unusual background.

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Restructuring Compensation And Roles To Align For Growth

CFO News Room

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.

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Transcript: Julian Salisbury, GS

Barry Ritholtz

What was the original career plan? SALISBURY: Honestly, I didn’t really have a long-term plan. SALISBURY: Yes, I’d love to tell you there was some great master plan. A great example, you know, some of these things you can plan for and some you can’t. You begin in audit practice at KPMG.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

And when you saw the US Ag down 13% last year, for folks, again, who are investing for retirement and in their 529 plans, they’re not concerned about it. DAVIS: Where international equities, because of valuations, probably 7% to 7.5%. DAVIS: And you had- RITHOLTZ: Hey, 500 basis points of rate increases, we’ll do that.