Resilient Advisor

On this episode of The Resilient Advisor Podcast, Chris Versace helps listeners understand the power of 'Thematic Investing.'     Chris is the Chief Investment Officer of Tematica Research. He is the chief editor of Tematica Investing and Tematica Pro as well as the author of the Monday Morning Kickoff, which has become a must-read for RIA’s and Money-Managers around the world. Chris is also the co-host of the Cocktail Investing Podcast: www.tematicaresearch.com/cocktail-investing and author of Cocktail Investing: http://a.co/d/dhtrWlm.   Connect With Chris   Twitter: @ChrisJVersace Website: www.tematicaresearch.com

On this episode of The Resilient Advisor Podcast, Daniel Peris comes on to discuss how Modern Portfolio Theory (MPT) has failed investors.  We also discuss his thoughts on how financial advisors and investors can use an alternative approach. This approach is detailed in his new book, Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio.     Daniel oversees $20 billion dollars in equity portfolios as a Senior Portfolio Manager at Federated Investors. He is the author of 3 books on investing: The Strategic Dividend Investor, The Dividend Imperative and his newly released book Getting Back to Business. Daniel also holds a Ph.D and has earned the CFA designation.     About Daniel   Daniel Peris, Ph.D., CFA, is Senior Vice President and Senior Portfolio Manager at Federated Investors, Inc., in Pittsburgh where he oversees $20 billion dollars in equity portfolios. Before transitioning into asset management, Peris was a historian focusing on modern Russian history. He is the author of two prior books in investing, The Strategic Dividend Investor, and The Dividend Imperative, as well as a study of early Soviet history. He tweets @Back2BizBook and blogshere.

This series brings listeners thought leaders who share timely insights on today markets. 

On this episode of The Resilient Advisor Podcast, I am joined by Ed O'Brien who is the CEO of eMoney Advisor. He shares his thoughts on what The Future of the Financial Advisor looks like. His firm is releasing a report on the "Flux-Gen Advisor" in the 4th quarter that you will want to get your hands on when it is released.  Issues we discuss: How could Artificial Intelligence play into the advisor-client relationship? Trends in the planning-focused community as it relates to preparing for volatility and the next bear market? What the role of the financial advisor looks like in 2028. The integration of eMoney with portfolio management systems such as Black Diamond and Orion.    potential consolidation coming in fintech and what would that look like for the advisor and client?   What he would you say to clients who may still feel as though a pure investment advisory relationship is sufficient for their family.   Follow eMoney Advisor on Twitter: https://twitter.com/eMoneyAdvisor eMoney Conference Information: https://info.emoneyadvisor.com/summit-2018

On this short episode of The Resilient Advisor Podcast, I outline the implications of the GICS Reclassification for financial advisors.   Show Notes: Advisors who use sector index and index products developed by Standard and Poor’s and MSCI are going to be affected by this change. These changes will have an impact on about 40% of the S&P 500’s entire market capitalization. It will impact roughly $17.6 trillion in market capitalization. This includes 10% of the S&P 500 Index market cap, 100% of the telecommunications services sector, 22% of the consumer discretionary sector and 21% of the sector technology sector. These revisions were announced in January and were implemented at the close of business on Sept. 28, 2018, Note, The MSCI Equity Indexes will reflect these changes as part of its semi-annual index review in November 2018. For some historical context, The existing classification system, which was developed in 1999. This change was overdue as they reflect the natural evolution of these sectors and underlying companies. If you find yourself needing to explain the changes to a client, simply point out that ‘The continued integration of media and internet and telecommunications, has led to clear industry consolidation through mergers and acquisitions.” HERE IS WHAT YOU NEED TO KNOW - Directly from Dividend.com’ report on the changes: Telecommunications Services Under the proposed changes, the telecommunications sector will be renamed communications services – a more inclusive banner that accounts for content developers and other media. The new sector will include existing telecommunications companies as well as enterprises from the media industry group, which currently falls under the consumer discretionary sector. This category will also include companies from the internet and direct marketing retail sub-industry along with some big companies currently classified in the information technology sector, including Alphabet Inc. (GOOG ) and Facebook Inc (FB ). Consumer Discretionary The internet and direct marketing retail sub-industry, which is currently listed under consumer discretionary, will be updated to include all online marketplaces and e-commerce companies. Companies such as Alibaba Group (BABA ) and eBay Inc. (EBAY ) will fall under this category. Information Technology Finally, the information technology sector will undergo a major overhaul with the internet software and services industry being renamed internet services and infrastructure. Companies such as Shopify Inc. will be impacted. Cloud computing companies currently classified under internet software and services will receive a new category called application software. As a result, the internet software and services industry and sub-industry will be discontinued. My friend Brandon Hatton of The Hatton Group at Raymond James in Atlanta sent over a detailed report produced by Blackrock on these changes. I recommend connecting with your Blackrock rep and getting a copy if you need more details on these changes. Here are their Key Investor Implications: Direct Impact: Investors who own funds that follow, or are benchmarked to, indexes that follow GICS. Secondary Impact: Sector rotation, diversification and hedging models that adopt sector constraints. Tertiary Impact: Active managers whose investment process monitors sector fundamentals, factors, and trends. Lastly, if you are a dividend investor, the telecommunications sector provided yields north of 5%. The new communications services sector will yield an average of less than 2% I hope that this podcast was useful as you look at your 4th quarter allocations and start planning for 2019.

The Investment Adviser Association's 2018 Executive Outlook Survey Report has some interesting data points for RIA's and potential breakaway advisors. In this short episode of The Resilient Advisor Podcast, Jay Coulter breaks down the key takeaways for financial advisors.

Ivan Barretto is a compliance expert who joins me on this episode of The Resilient Advisor Podcast to discuss the important issue of senior vulnerability. Do you know how to identify if your clients are being targeted?  As the baby boomers age, there is a large percentage of the population that is at risk. Ivan and I discuss the ways to identify who may be a risk and how to protect them and your business.    Connect With Ivan Personal LinkedIn: https://www.linkedin.com/in/ivanbarretto30/ Business: https://www.linkedin.com/company/25040493/ Twitter: https://twitter.com/RIAComplyCEP Instagram: https://www.instagram.com/riacomplianceconcepts/ Facebook: https://www.facebook.com/RIAComplianceConcepts

Dan Raykhman is the CEO of Fungible Network which is building a platform for issuing asset-backed crypto tokens.   On this podcast we discuss:   1. Why cryptocurrencies are revolutionary? 2. What is tokenization? 3. Why do assets need to be tokenized? 4. What is the legal landscape of tokenization? 5. How does Fungible works? 6. What is the most exciting part of Tokenization?   Think of this episode as crypto 101 for financial advisors and investors.   Connect with Dan   LinkedIn: www.linkedin.com/in/danraykhman    Website: Fungible.Network

Matt Halloran is a branding, social media and podcasting expert for financial advisors. He has over 20 years of industry experience, is the author of “The Social Media Handbook for Financial Advisors” and co-host of the podcast Top Advisor Marketing.   On this podcast, we discuss how financial advisors who want to grow can leverage digital techniques for their prospecting efforts. We take a high-level view of a series that he produced with his partner Kirk Lowe on their podcast - The 7 Dynamic Digital Prospect Techniques: Link.       Connect With Matt:   LinkedIn: https://www.linkedin.com/in/matthallorantam   Website: http://topadvisormarketing.com/     About Matt   Matt got started in the financial services industry 20 years ago as a certified life and business coach.   As he became immersed in his client’s biggest needs, he built his knowledge and expertise as a financial branding and social media expert.  More recently, Matt has added podcasting to that list. Matt respects how tough it is to be great and effective at marketing while running a practice, living a life, and loving a family. He teaches advisors how to be themselves, let their passions shine through and create strong brands that resonate with ideal prospects and centers of influence. Matt’s first book “The Social Media Handbook for Financial Advisors” available on Amazon was a big hit. He’s been leading the social wave in financial services for years – teaching top advisors how to be human in an oftentimes inhuman industry. His second book “99 best ideas”, was an Amazon bestseller and is filled with marketing ideas.   In his list of accomplishments, Matt has served in the Navy, is a trained therapist, been a radio host, and worked as a financial professional too. Matt’s breadth of hands on experience positions him superbly to help financial professionals build the marketing side of their practices.  He’s been there, done that and has the T-Shirt.   Matt is married with two twin teenage boys. They are avid swimmers. Oh, and Matt’s dogs are a big ole St. Bernard and a rescue pitbull mix named Luke (after the Jedi).