Barry Ritholtz

OCTOBER 28, 2023

Will we soon see a life-changing jump in younger generations’ net worth? Boston Review ) • What Mitt Romney Saw in the Senate : In an exclusive excerpt from my forthcoming biography of the senator, Romney: A Reckoning, he reveals what drove him to retire. ( trillion in client assets. What Is Your Biological Age?

Entertainment 107

Entertainment Economics Banking Accounting 107

The Finance Weekly

APRIL 6, 2024

Understanding the Net Book Value (NBV) of a company's assets is critical for knowing its financial health and potential for future growth. What Is Net Book Value? NBV represents the historical cost of an asset, minus any amounts recorded for depreciation, amortization, or depletion.

GAAP 52

GAAP Accounting Principles Financial Reporting Accounting Standards 52

CFO News Room

JANUARY 16, 2023

Access to wide array of alternative asset classes. What Is Yieldstreet? Because the platform holds various assets – real estate , cryptocurrencies , artwork , and more – the average user holds about seven investments. The fund allocates the money towards art, commercial property, consumer, legal, and corporate asset classes. .

Investments 130

Investments Auditing Accounting Transportation 130

Barry Ritholtz

JANUARY 24, 2024

Full transcript below. ~~~ About this week’s guest: Ari Rosenbaum serves as the Director of Private Wealth Solutions at O’Shaughnessy Asset Management , now part of investing giant Franklin Templeton. They’ve become more popular because you get to keep more of your net after-tax returns. What about your taxable accounts?

Concentration 94

Concentration Investments Accounting Marketing 94

The Charity CFO

JANUARY 31, 2022

In the for-profit world, they call the difference between revenues and expenses net income. As a nonprofit, you call the difference between revenue and expenses the change in net assets. . What’s on the Statement of Activities? . Change in Net Assets . Change in Net Assets: How much money did you make ? .

Nonprofit 98

Nonprofit Profit and Loss Auditing GAAP 98

CFO News Room

NOVEMBER 11, 2022

As I look at accounting from the outside, I see the primary role of accounting as recording and reporting, in a consistent and standardized form, the answers to three basic questions: What does a business own? What does the business owe? Specify the contractual commitments that a business has to meet, to stay in business.

Accounting 130

Accounting Marketing Advertising Valuation 130

CFO News Room

DECEMBER 28, 2022

Once we account for all the effects, it’s pretty clear the move is a net win for the world. Second, there’s what happens with that extra penny people save every year. What can people do with that extra $3.3 As I don’t have a Freddy’s near me (there are some south of Birmingham), I wondered what it would cost to bring one in.

Economics 130

Economics Concentration Accounting Finance 130

CFO News Room

JANUARY 31, 2023

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

Retail Planning Finance Investments 130

CFO News Room

JANUARY 25, 2023

This uncertainty makes it difficult to prepare for the possibility of a layoff, since there is often little real knowledge of what to prepare for. This can include inventorying the client’s ‘safety net’ (i.e., First, the advisor can help the client take stock of their current situation to assess their current preparedness for a layoff.

Planning 130

Planning Securities 130

The Charity CFO

MARCH 23, 2023

Expenses are subtracted from revenues to show the change in net assets, rather than net income. The statement of activities is exactly what it sounds like. It looks at all of your organization’s activities so you can see what is working and what isn’t. Nonprofits want to make money, but not to earn a profit.

Nonprofit 52

Nonprofit Accounting CFO Budgeting 52

Barry Ritholtz

APRIL 5, 2023

My mid-week morning train WFH reads: • What to Know About TurboTax Before You File Your Taxes This Year : Don’t get tricked into paying for tax prep if you don’t have to. Benedict Evans ) • Trump’s Net Worth Plunges $700 Million As Truth Social Flops : The former president’s fortune dropped from an estimated $3.2 Is my fund bloated?

Valuation 111

Valuation Investments Finance Securities 111

The Charity CFO

JANUARY 21, 2022

What is fund accounting? . As a nonprofit, you have to share your profitability, revenue streams, expense reports, and net assets with many different people, including the general public. We’re going to focus specifically on how it’s applied to small and mid-sized nonprofits and charities. Common fund structures for nonprofits.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

Barry Ritholtz

JUNE 22, 2023

It shows “Share of Total Assets Held by the Bottom 50% ( red line ) versus the Share of Total Assets Held by the Top 0.1% ( green line ). The top 0.01% of US households had at least $111 million in net worth in 2012, compared to $4 million for the 1 %. Consider the chart at top, created by Invictus via FRED.

Economics 117

Economics Numbers 117

Nerd's Eye View

JANUARY 18, 2023

Many investors are familiar with private equity as an alternative asset class, which is popular with certain high-net-worth and institutional investors as a vehicle for diversification and a source of potentially higher risk-adjusted returns than what is available on the public market.

Concentration 71

Concentration Financial Analyst Investments Marketing 71

Nerd's Eye View

APRIL 2, 2024

Hans is the founder of Intelligent Investing, an RIA based in Greenville, South Carolina, that oversees $50M in assets under management for 40 client households. My guest on today's podcast is Hans Blake.

Prioritization 60

Prioritization Investments Technology Finance 60

The Charity CFO

FEBRUARY 8, 2023

What is the nonprofit statement of cash flows? Investing activities include buying or selling long-term assets, such as purchasing new equipment or selling property. Begin with net income or net loss The first section of the statement of cash flows consists of operating activities.

Nonprofit 52

Nonprofit CFO Accounts Payable Concentration 52

CFO Share

OCTOBER 6, 2023

What factors influence business valuation? More Assets and Fewer Liabilities Every company’s valuation is bolstered by its assets, encompassing both tangible items like machinery or real estate, and intangible ones such as intellectual property or goodwill. What are some methods to assess the value of a business?

Valuation 52

Valuation Financial Analysis Startups Benchmarking 52

CFO News Room

FEBRUARY 4, 2022

It was a very good quarter with revenue growing by 17% and net profit growing by 16% to Rs 135 crore. What about the West Asia operations? Gold is the only asset that can be used and the asset value increases over time. What about the macro scenario and its impact? How do you review the third quarter?

Budgeting 130

Budgeting Sales Planning Investments 130

CFO Share

NOVEMBER 11, 2023

Amortization of intangible assets is a routine accounting procedure, not a strategic focus for small businesses. It’s a method to spread out the cost of intangible assets like patents or trademarks over their useful life. What is an Example of Intangible Assets? How Long Can I Amortize Intangible Assets?

GAAP 52

GAAP Accounting Standards Strategic Planning Compliance 52

CFO Simplified

AUGUST 14, 2022

Well, what happens if your relationship goes sour? Explain to them what had been happening that had caused you to do things that didn’t make them happy and how you’re going to do things better in the future. . Owners rely on banks to deposit cash, transfer funds, and process checks sent out to suppliers. Positive cash flow.

Banking 98

Banking Profit and Loss CFO Financial Reporting 98

Barry Ritholtz

AUGUST 26, 2022

What made this particular conversation so intriguing was his sudden epiphany about the Sell-side. Our previous discussions (debates really) were over the traditional model of brokerage I push back against versus the fee-based fiduciary asset management I embrace. What led to his realization was an exit from his firm by a senior broker.

Concentration 141

Concentration Benchmarking Investments Accounting 141

Nerd's Eye View

FEBRUARY 9, 2023

For many financial advisors, setting asset minimums helps ensure that their firm can generate enough revenue to maintain business costs and compensate the advisor appropriately. A simple way for advisors to educate prospects about asset minimums is to include the information on their firm’s website.

Communication 76

Communication Education Planning 76

The Finance Weekly

NOVEMBER 27, 2023

What are Financial KPIs? Net Profit Your net profit is the final amount of money you have after covering all your costs. It's also called net income and considers both direct and indirect expenses. Calculation: total revenue – total expenses = net profit 3. Why KPIs are Important to your Business?

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

CFO Share

MARCH 27, 2024

What is the difference between ROI and ROIC? What sets ROI and ROIC apart, and which one should you, as a small business owner, focus on? The formula involves dividing your net operating profit after taxes (NOPAT) by the total invested capital. It’s used primarily by asset managers to invest in companies, not projects.

Prioritization 52

Prioritization Investments Valuation Advertising 52

CFO News Room

JANUARY 18, 2023

Netting out other operating expenses, that are not directly tied to producing the goods and services (such as selling and G&A expenses), from gross profits, yields operating income.

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

Nerd's Eye View

JANUARY 25, 2024

Not surprisingly, the most recent Kitces Research Study on What Actually Contributes To Advisor Wellbeing shows that, while advicers who have a service mentality are typically happier in their roles, service-minded advicers who are also on the higher end of the income spectrum tend to be the happiest.

Education 74

Education Numbers Planning 74

Jedox Finance

SEPTEMBER 22, 2022

What are KPIs? What are financial KPIs? Fixed asset turnover. They are crucial to the growth and sustainability of any business in the finance sector, whether that be banks, asset managers, or insurance firms. What are KPIs? What are financial KPIs? Table of Contents. Why are financial KPIs necessary?

Budgeting 52

Budgeting Sales Invoicing Accounting 52

Barry Ritholtz

JULY 18, 2023

My Two-for-Tuesday train WFH reads: • Good News-Bad News About the Economy : The hard part about markets and the economy is that there are often conflicting signals about what’s going on. What are some of the reasons this could happen? Even when things are good there are ominous signs about impending doom. One opens his books.

Profit and Loss 95

Profit and Loss Restructuring Investments Accounting 95

Nerd's Eye View

AUGUST 8, 2023

Lori is the CEO of LVW Advisors, an independent RIA based in Pittsford, New York, that oversees more than $2 billion in assets under management for over 450 small-to-mid-sized institutions and ultra-high-net-worth families. Read More.

Investments 78

Investments Sales Economics Planning 78

Nerd's Eye View

FEBRUARY 19, 2024

Apex Fintech Solutions noted that the average advisor rings in at a cool 97% retention rate for acquired clients, suggesting that net new assets may provide a clearer lens for growth than the more traditional AUM metric. In the same vein, they also highlighted that hybrid firms (i.e.,

Tax Planning 69

Tax Planning Technology Numbers Planning 69

Nerd's Eye View

JANUARY 22, 2024

In this 'hybrid' video-based article, Michael Kitces and John Bowen, CEO and founder of CEG Worldwide and CEG Insights (formerly Spectrem Group), dive into CEG's extensive data on the "gap" between the services that financial advisors actually offer to their clients and what HNW clients truly want from their advisors.

Prioritization 74

Prioritization Risk Management Communication Finance 74

CFO Share

SEPTEMBER 12, 2023

What is working capital in simple terms? At its core, working capital is the difference between a company’s current assets and its current liabilities. Current assets refer to items like: Cash Accounts receivable Inventory, and Short-term investments that can be quickly liquidated, typically within a year.

Accounts Payable 52

Accounts Payable Prioritization Accounting Leverage 52

Nerd's Eye View

JULY 12, 2022

Kamila is the CEO and Founder of Collective Wealth Partners, an independent RIA based in Atlanta, Georgia, that oversees nearly $25 million in assets under management for almost 175 client households. My guest on today's podcast is Kamila Elliott.

Tax Planning 98

Tax Planning Leadership Planning Compliance 98

Barry Ritholtz

APRIL 4, 2024

We’re going to discuss how these changes are likely to affect your portfolios and what you should do about it. To help us unpack all of this and what it means for your money. The Fed was worried that the psyche of investors was to stay away from Riskier assets like home prices or equities. That era is over.

Construction 60

Construction Treasury Marketing Leverage 60

CFO News Room

JANUARY 14, 2023

It reinforces a point I made in my inflation post last year, where I argued that to understand inflation’s impact on asset values, you have to break it down into its expected and unexpected components, with the former showing up in the expected returns you demand on investments, and the latter playing out as a risk factor.

Treasury 130

Treasury Economics Investments Marketing 130

CFO News Room

FEBRUARY 2, 2022

Amy is the president and CEO of The Williams Group, a coaching and consulting firm based out of San Clemente, California, that helps financial advisors engage with more than 800 high-net-worth families to develop solid foundations in heir preparedness and ensure their wealth can actually be transferred beyond three generations.

Communication 130

Communication Planning Education Numbers 130

VCFO

OCTOBER 19, 2023

A good first step is to evaluate the time-to-liquidity and time-to-maturity of your current assets and liabilities. With assets, only cash is instantly liquid. On the debt side, evaluate the growth any debt would fund versus what it would take to secure and repay the obligation. What interest rates are attainable?

CFO 91

CFO Finance Planning Securities 91