Category: Analysis

Analysis

Transcript: Omar Aguilar, CEO and CIO of Schwab Asset Management

Market Expert Oct 6, 2026

The transcript from this week’s MiB: Omar Aguilar, CEO and CIO of Schwab Asset Management, 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: Omar Aguilar, CEO and CIO of Schwab Asset Management appeared first on The Big Picture.

Analysis

Claude For Financial Advisors Debuts To Tie Together The Advisor Tech Stack – But Will Tech Providers Play Along? (And More Of The Latest In Financial #AdvisorTech – October 2026)

Market Expert Oct 6, 2026

Welcome to the October 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 Anthropic has announced the launch of ClaudeRead More... The post Claude For Financial Advisors Debuts To Tie Together The Advisor Tech Stack – But Will Tech Providers Play Along? (And More Of The Latest In Financial #AdvisorTech – October 2026) first appeared on Kitces.com.

Analysis

The Knowledge Project Podcast: Bill Ackman

Market Expert Oct 5, 2026

Shane Parrish’s Knowledge Project: Bill Ackman is the founder and CEO of Pershing Square Capital Management, one of the most closely watched investment firms in the world. In this conversation, he breaks down how he tells the difference between real innovation from hype, what he looks for before making a billion-dollar investment, and why… Read More The post The Knowledge Project Podcast: Bill Ackman appeared first on The Big Picture.

Analysis

MiB: Omar Aguilar, CEO and CIO of Schwab Asset Management

Market Expert Oct 4, 2026

This week, I speak with Omar Aguilar, Chief Executive Officer and Chief Investment Officer of Schwab Asset Management. We discuss his time at Financial Engines, where he worked under Nobel laureate William Sharpe before joining Schwab Asset Management in 2011. We also discuss how his doctorate in decision sciences helps him build… Read More The post MiB: Omar Aguilar, CEO and CIO of Schwab Asset Management appeared first on The Big Picture.

Analysis

Weekend Reading For Financial Planners (October 3–4)

Market Expert Oct 3, 2026

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that the IRS issued guidance and a revenue ruling drawing boundaries around what it perceives to be legitimate uses of the increasingly popular 351 exchange strategy. While the strategy as a whole remains a viable wayRead More... The post Weekend Reading For Financial Planners (October 3–4) first appeared on Kitces.com.

Analysis

At the Money: The Data Behind America’s Wealthy

Market Expert Oct 1, 2026

At the Money: The Data Behind America’s Wealthy with Owen Zidar and Eric Zwick (September 30, 2026) In this episode of ‘At the Money,’ I speak with Owen Zidar and Eric Zwick about the data behind America’s wealthiest people. About this week’s guests: Owen Zidar is professor of Economics and Public Affairs… Read More The post At the Money: The Data Behind America’s Wealthy appeared first on The Big Picture.

Analysis

Minimizing The Impact Of The New 0.5%-Of-AGI Floor On Charitable Contributions And 2/37ths Reduction Of Itemized Deductions

Market Expert Oct 1, 2026

For many years, the U.S. tax code has incentivized individuals to give to charitable causes by allowing an itemized deduction for charitable contributions. Although the amount that an individual could deduct was limited to a certain percentage of their Adjusted Gross Income (AGI) based on the type of property contributed and the type of organizationRead More... The post Minimizing The Impact Of The New 0.5%-Of-AGI Floor On Charitable Contributions And 2/37ths Reduction Of Itemized Deductions first appeared on Kitces.com. Click the icon below to listen.

Analysis

Articulating The Evolving Value Of Financial Planning To Prospects: Kitces & Carl 200

Market Expert Oct 1, 2026

Given that financial advice is usually, to say the least, not inexpensive, financial advisors often need to be prepared to explain their fee in the context of the value that is offered. This conversation includes how advisors charge for their advice and what they are charging for, especially as the fundamental value proposition of financialRead More... The post Articulating The Evolving Value Of Financial Planning To Prospects: Kitces & Carl 200 first appeared on Kitces.com.

Analysis

The Aberrational Century

Market Expert Sep 30, 2026

It’s the end of September, and that means I am busy working on the Q4 quarterly call (out early October). I decided to surface to share two tables I find absolutely fascinating. The first table (above) compares the 10-year bonds and the 30-year fixed-rate mortgage across two distinct time periods: The present era, back… Read More The post The Aberrational Century appeared first on The Big Picture.

Analysis

Systematizing Your Differentiated Service As A (True) Retirement Expert While Scaling To $850M Of AUM: #FASuccess Ep 509 With Dana Anspach

Market Expert Sep 30, 2026

Welcome everyone! Welcome to the 509th episode of the Financial Advisor Success Podcast! My guest on today's podcast is Dana Anspach. Dana is the founder of Sensible Money, an RIA based in Scottsdale, Arizona, that oversees $850 million in assets under management for 330 client households. What's unique about Dana, though, is how she hasRead More... The post Systematizing Your Differentiated Service As A (True) Retirement Expert While Scaling To $850M Of AUM: #FASuccess Ep 509 With Dana Anspach first appeared on Kitces.com.

Analysis

Transcript: Adam Frank, JPMorgan Wealth Management’s Head of Wealth Planning and Advice

Market Expert Sep 29, 2026

The transcript from this week’s MiB: Adam Frank, JPMorgan Wealth Management’s Head of Wealth Planning and Advice, 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… Read More The post Transcript: Adam Frank, JPMorgan Wealth Management’s Head of Wealth Planning and Advice appeared first on The Big Picture.

Analysis

We Misunderstand Where Wealth Comes From

Market Expert Sep 28, 2026

I am not usually in the city on Fridays. But Robin Wigglesworth, in from Oslo for 0only as few days, led to me coming in on a Friday to record an MiB about his new book, “A Fabulous Debt: The Epic Story of How Bonds Built the Modern World.” More on this in a… Read More The post We Misunderstand Where Wealth Comes From appeared first on The Big Picture.

Analysis

What Really Drives Client Referrals

Market Expert Sep 28, 2026

Client referrals have long been a cornerstone of organic new client growth because they tap into a resource every established advisor already has: an existing client base. But before getting into specific referral strategies, there is a prerequisite to receiving any referrals at all: clients need to feel that the advisor provides enough value toRead More... The post What Really Drives Client Referrals first appeared on Kitces.com.

Analysis

MiB: Adam Frank, JPMorgan Wealth Management’s Head of Wealth Planning and Advice

Market Expert Sep 27, 2026

This week, I speak with Adam Frank, Managing Director and Head of Wealth Planning and Advice at J.P. Morgan Wealth Management. We discuss his time at Bear Stearns as the company was acquired by J.P. Morgan Chase, as well as his start in law before pivoting to wealth planning. They discuss building… Read More The post MiB: Adam Frank, JPMorgan Wealth Management’s Head of Wealth Planning and Advice appeared first on The Big Picture.

Analysis

Weekend Reading For Financial Planners (September 26–27)

Market Expert Sep 27, 2026

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a survey indicates many financial planning clients are concerned about rising consumer costs, with healthcare expenses at the forefront. Which suggests financial advisors have the opportunity to offer value both by increasing their clients' confidenceRead More... The post Weekend Reading For Financial Planners (September 26–27) first appeared on Kitces.com.

Analysis

How Non-Competes Damage the Labor Market

Market Expert Sep 25, 2026

Map by Claude Last month, I posted this data dive into the question of “How Wealth Is Created in America.” It’s always fun to look at the sources of wealth, and I used a few broad data sources.1 But these create a very blunt, 10,000-foot view of wealth in America. It would be great… Read More The post How Non-Competes Damage the Labor Market appeared first on The Big Picture.

Analysis

From “Liar’s Poker” to Today: An Evening with Michael Lewis

Market Expert Sep 24, 2026

A bonus LIVE episode of Masters in Business: I spend most of the evening listening to — and laughing — with bestselling author and financial journalist Michael Lewis, live from the Landmark Theater in Port Washington, NY. Our wide-ranging, 90-minute conversation covered the full arc of his career, from “Liar’s Poker” to… Read More The post From “Liar’s Poker” to Today: An Evening with Michael Lewis appeared first on The Big Picture.

Analysis

At The Money: Who Is Wealthy in America (and How Did They Get Rich?)

Market Expert Sep 24, 2026

At The Money: Who Is Wealthy in America, and How Did They Get Rich? September 23, 2026 We know America is a rich nation, but do you know exactly how rich? And who holds all of that wealth? Full transcript below. ~~~ About this week’s guest: Owen Zidar is professor of Economics and… Read More The post At The Money: Who Is Wealthy in America (and How Did They Get Rich?) appeared first on The Big Picture.