Category: Analysis

Analysis

10 September 11th Reads

Market Expert Sep 12, 2026

Has it really been 25 Years since 9/11? My end-of-week morning reads: • 25 Years After the Sept. 11 Attacks, Lower Manhattan Is Thriving: The neighborhood’s population has roughly tripled, dozens of office buildings became apartments, and financial services no longer dominates downtown employment. (Wall Street Journal) see also How a Restaurant at the Top of the World… Read More The post 10 September 11th Reads appeared first on The Big Picture.

Analysis

Weekend Reading For Financial Planners (September 12–13)

Market Expert Sep 12, 2026

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent survey from Vanguard investigates the perspectives of men and women when it comes to investing and working with a financial advisor, finding in some cases that assumptions about these groups might not alwaysRead More... The post Weekend Reading For Financial Planners (September 12–13) first appeared on Kitces.com.

Analysis

T-Bills and Chill? Try Munis & Chill Instead

Market Expert Sep 11, 2026

I’m not a Shark Tank viewer. But I was intrigued by something Kevin O’Leary, aka Mr. Wonderful, said in this podcast (via a post by Nick Magiulli). O’Leary discusses various aspects of his career, including ideal investments and what many entrepreneurs should strive for in their personal accounts. Specifically, he thinks all entrepreneurs… Read More The post T-Bills and Chill? Try Munis & Chill Instead appeared first on The Big Picture.

Analysis

At The Money: Becoming a “FinFluencer”

Market Expert Sep 10, 2026

At The Money: Considering a Career Change? How About FINFLUENCER? With Tyler Gardner (September 9, 2026) Ever think of a career change? Have you thought about becoming a “finfluencer” on TikTok, Insta, or YouTube? It could be both interesting AND lucrative. Full transcript below. ~~~ About this week’s guest: Tyler Gardner is a former… Read More The post At The Money: Becoming a “FinFluencer” appeared first on The Big Picture.

Analysis

Compliance Issues When Clients Won’t Take Your Advice: Duty To Follow Instructions, When To Refuse, And When To Exit The Relationship

Market Expert Sep 10, 2026

When a client asks their advisor to place an investment trade or execute another planning action, it typically comes as a result of a consultation with the advisor (and often reflects the advisor's recommended course of action). However, sometimes a client might request that the advisor take an action the advisor believes isn't in theRead More... The post Compliance Issues When Clients Won’t Take Your Advice: Duty To Follow Instructions, When To Refuse, And When To Exit The Relationship first appeared on Kitces.com. Click the icon below to listen.

Analysis

Corporate vs Treasury Debt Duration

Market Expert Sep 9, 2026

From 2008 through 2022, the 10-year Treasury yield was never above 3.25%; it spent nearly all of 2019–21 under 2%, while the 30-year bottomed at ~1% in March 2020. What an amazing opportunity to refinance debt at ultra-low rates! But not every institutional debtor is that savvy. Torsten Slok reminds us how much… Read More The post Corporate vs Treasury Debt Duration appeared first on The Big Picture.

Analysis

Building A ‘Killer’ Scorecard To Track Key Weekly Metrics On The Path To $275M AUM: #FASuccess Ep 506 With Jenna Biancavilla

Market Expert Sep 9, 2026

Welcome everyone! Welcome to the 506th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Jenna Biancavilla. Jenna is the founder of Pearl Capital Management, an RIA based in Phoenix, Arizona, that oversees approximately $275 million in assets under management for 110 client households. What's unique about Jenna, though, is howRead More... The post Building A ‘Killer’ Scorecard To Track Key Weekly Metrics On The Path To $275M AUM: #FASuccess Ep 506 With Jenna Biancavilla first appeared on Kitces.com.

Analysis

Transcript: Bill McNabb, Vanguard former Chairman and CEO

Market Expert Sep 8, 2026

The transcript from this week’s, MiB: Bill McNabb, Vanguard former Chairman and CEO, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ Masters in… Read More The post Transcript: Bill McNabb, Vanguard former Chairman and CEO appeared first on The Big Picture.

Analysis

10 Labor Day Reads

Market Expert Sep 7, 2026

My long weekend morning reads: • This data has helped fight workplace discrimination for 60 years. The Trump administration plans to delete it: The move marks a fundamental shift for the Equal Employment Opportunity Commission (EEOC). Without this data, it will be much harder for the agency to identify widespread cases of discrimination in hiring and… Read More The post 10 Labor Day Reads appeared first on The Big Picture.

Analysis

Altruist’s Acquisition By Vanguard Is More About ETF Costs Than Custodial Tech (And More Of The Latest In Financial #AdvisorTech – September 2026)

Market Expert Sep 7, 2026

Welcome to the September 2026 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that Altruist has been acquired by Vanguard, representingRead More... The post Altruist’s Acquisition By Vanguard Is More About ETF Costs Than Custodial Tech (And More Of The Latest In Financial #AdvisorTech – September 2026) first appeared on Kitces.com.

Analysis

MiB: Bill McNabb, Vanguard former Chairman and CEO

Market Expert Sep 6, 2026

This week, I speak with William “Bill” McNabb. He’s the former chairman and CEO of Vanguard and now sits on the board at UnitedHealth, IBM, Axiom, and Altruist. We discuss his 30+ years at Vanguard and his career after leaving the company, working in the boardroom and with startups in fintech and… Read More The post MiB: Bill McNabb, Vanguard former Chairman and CEO appeared first on The Big Picture.

Analysis

Weekend Reading For Financial Planners (September 5–6)

Market Expert Sep 6, 2026

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a survey has found that, at a time when many financial advisors are leaning into comprehensive wealth management services, more than half of RIA client assets amongst respondents are invested in model portfolios. That said,Read More... The post Weekend Reading For Financial Planners (September 5–6) first appeared on Kitces.com.

Analysis

Nobody Knows Anything, Rate Expectations Edition

Market Expert Sep 5, 2026

Heading out the door for the Labor Day weekend, with blue skies and 85° temperatures, I had to share a chart. It’s from the San Francisco Federal Reserve (via Torsten Slok of Apollo) and shows Wall Street expectations for Federal Reserve rate action. It’s the perfect explainer for why forecasts tend to be… Read More The post Nobody Knows Anything, Rate Expectations Edition appeared first on The Big Picture.

Analysis

Lessons from Victor Niederhoffer’s Life

Market Expert Sep 4, 2026

I have been fascinated by Victor Niederhoffer for decades. I first learned about him in a New Yorker piece titled “The Blow-Up Artist;” I was intrigued by his unique strategies and by his tendencies to repeatedly boom and bust. That led me to have him on the podcast in 2017, after a recent… Read More The post Lessons from Victor Niederhoffer’s Life appeared first on The Big Picture.

Analysis

The Temptation To Take On More Clients To Build (3X) Enterprise Value: Kitces & Carl 198

Market Expert Sep 4, 2026

If the initial stages of building a firm are mostly about survival and prospecting, and the middle stages are about scaling teams and processes, then the latter stages of the firm become about determining what is "enough". This is especially true as the firm is able to do more complex work for higher-paying prospective clients,Read More... The post The Temptation To Take On More Clients To Build (3X) Enterprise Value: Kitces & Carl 198 first appeared on Kitces.com.

Analysis

$150 Trillion Global Economy (2030)

Market Expert Sep 3, 2026

I am a sucker for infographics like these: In 2025, Global GDP hit an all-time high of $118.4 trillion — about $14,406 per person worldwide. To reach $150T by 2030 — 26.7% higher than where we are now — would require 4 years of gains averaging 4.86%. Any combination of nominal growth plus… Read More The post $150 Trillion Global Economy (2030) appeared first on The Big Picture.

Analysis

How Sec. 530A “Trump Accounts” Impact Intergenerational Giving Decisions

Market Expert Sep 3, 2026

We often tend to think of giving from one generation to the next in terms of inheritance, with a parent passing on their assets after death. However, some parents (who are confident that they have more than enough funds to last their own lifetime) want to be more proactive in giving to the next generation.Read More... The post How Sec. 530A “Trump Accounts” Impact Intergenerational Giving Decisions first appeared on Kitces.com. Click the icon below to listen.

Analysis

Transcript: David Booth, Dimensional Fund Advisors founder and chairman

Market Expert Sep 2, 2026

The transcript from this week’s, MiB: David Booth, Dimensional Fund Advisors Founder & Chairman, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (video), YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~… Read More The post Transcript: David Booth, Dimensional Fund Advisors founder and chairman appeared first on The Big Picture.