A few companies have increased their 401(k) match in wake of tax bill what does this mean?

A reporter called recently to ask what I thought about some companies sweetening their 401(k) plans in response to the tax cut. It took me a little while to think about the issue. Heres where I came out.

First, I was pleasantly surprised that some companies decided to make such an immediate and visible response. During the debate on taxes, critics suggested that most of the benefits of the $1.3 trillion reduction in business taxes from lowering the corporate tax rate would go to the owners and not be shared with the workers. The fact that some companies are sensitive to this issue and have made a gesture is nice news.

Read: $1,000 bonus? Visas 401(k) offer could be worth $1 million

Second, improvement in the companys 401(k) match seems like a more substantive change than the far more popular option of paying $1,000 bonuses. It is more likely to be permanent and also recognizes that 401(k) contribution rates are woefully low. A current list (as of Jan. 12), however, shows that of 150 companies reporting an increase in compensation as the result of the tax legislation, only eight increased their 401(k) match:

Aflac
AFL, +1.66%
increased its match from 50% to 100% on the first 4% of compensation (plus a one-time contribution of $500);

Visa
V, +1.32%
increased the base for its 200% match from 3% to 5% of base salary;

Advance Financial, Eberle Communications Group, Nationwide Insurance, Peoples Bank & Trust, SunTrust Banks Inc.
STI, +0.07%
and Western Alliance Bancorp
WAL, +0.78%
also increased matching contributions.

Third, at this point, it is premature to assess the meaningfulness of these corporate gestures. Company profits all else equal will be $1.3 trillion higher over the next 10 years because of the reduction in the corporate tax rate. So far, the changes look like between $1,000 and $2,000 per affected worker and only a few million of the nations 125 million private sector workers have seen a change.

Read: Fattening 401(k) matches is how to make America great again

Finally, the government is borrowing money to finance this cut in the corporate tax rate. A final assessment must wait until we see how the loan is repaid. The current plan involves trying again to repeal the Affordable Care Act, cutting Medicaid sharply, and cutting basic food assistance to low-income families. These changes will hurt lower-paid workers.

Its always nice to see employers raise their 401(k) match. But, in the end, providing tax relief to business by borrowing the money is likely to end up hurting vulnerable workers.

CFPB to Critically Examine Its Policies and Practices

IRS Releases Tax Withholding Tables for 2018

10 Best Foreign Countries for Retirement: 2018

Top 10 Best Colleges With Low Student Debt: Kiplinger

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, announced Wednesday that the agency will issue a “call for evidence” to garner feedback on whether the consumer bureau’s current functions should stay intact.

The CFPB plans to publish in the coming weeks a series of Requests for Information in the Federal Register seeking comment on enforcement, supervision, rulemaking, market monitoring and education activities the bureau performs.

These RFIs will provide an opportunity for the public to submit feedback and suggest ways to improve outcomes for both consumers and covered entities. 

“In this new year, and under new leadership, it is natural for the Bureau to critically examine its policies and practices to ensure they align with the Bureau’s statutory mandate,” said Mulvaney in a statement.

“Moving forward, the Bureau will consistently seek out constructive feedback and welcome ideas for improvement,” he continued. “Much can be done to facilitate greater consumer choice and efficient markets, while vigorously enforcing consumer financial law in a way that guarantees due process. I look forward to receiving public comments in response to this call for evidence and encourage all interested parties to participate.” 

The first RFI will seek public comment on Civil Investigative Demands (CIDs), which are issued during an enforcement investigation.

Comments received in response to this RFI will help the CFPB “evaluate existing CID processes and procedures, and to determine whether any changes are warranted.”

Mulvaney, a critic of the CFPB who still holds his job as director of the Office of Management and Budget, has faced legal challenges to his appointment as acting CFPB director.

A judge in early January refused for the second time to block the Trump administration’s appointment of Mulvaney as the temporary CFPB head, setting the stage for a Washington federal appeals court to take up the power struggle.

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CFPB to Critically Examine Its Policies and Practices

IRS Releases Tax Withholding Tables for 2018

10 Best Foreign Countries for Retirement: 2018

Top 10 Best Colleges With Low Student Debt: Kiplinger

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, announced Wednesday that the agency will issue a “call for evidence” to garner feedback on whether the consumer bureau’s current functions should stay intact.

The CFPB plans to publish in the coming weeks a series of Requests for Information in the Federal Register seeking comment on enforcement, supervision, rulemaking, market monitoring and education activities the bureau performs.

These RFIs will provide an opportunity for the public to submit feedback and suggest ways to improve outcomes for both consumers and covered entities. 

“In this new year, and under new leadership, it is natural for the Bureau to critically examine its policies and practices to ensure they align with the Bureau’s statutory mandate,” said Mulvaney in a statement.

“Moving forward, the Bureau will consistently seek out constructive feedback and welcome ideas for improvement,” he continued. “Much can be done to facilitate greater consumer choice and efficient markets, while vigorously enforcing consumer financial law in a way that guarantees due process. I look forward to receiving public comments in response to this call for evidence and encourage all interested parties to participate.” 

The first RFI will seek public comment on Civil Investigative Demands (CIDs), which are issued during an enforcement investigation.

Comments received in response to this RFI will help the CFPB “evaluate existing CID processes and procedures, and to determine whether any changes are warranted.”

Mulvaney, a critic of the CFPB who still holds his job as director of the Office of Management and Budget, has faced legal challenges to his appointment as acting CFPB director.

A judge in early January refused for the second time to block the Trump administration’s appointment of Mulvaney as the temporary CFPB head, setting the stage for a Washington federal appeals court to take up the power struggle.

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Your resource for news, research and analysis to help you deliver more effective outcomes to your clients. Resources The Independent Advisor’s Guide to Tax-Efficient Trading

In an increasingly competitive industry, advisors and independent broker dealers need to differentiate their firm. Learn how providing tax alpha at scale gives you a…

A comprehensive handbook for attracting clients through digital marketing.

The business call is back! Learn how to drive more calls to your business line, create a great experience over the phone, and win more…

Join this webcast to see how Trisha Qualy, Director of Wealth Management at AdvisorNet Financial, took client assets from $100 million to $1.3 billion in…

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best it stocks to buy

Related LEN Earnings Scheduled For March 21, 2017 Spring Is Heating Up For Homebuilders; Stocks Poised For Near-Term Upside Lennar up 0.8% after FQ1 results (Seeking Alpha)
Related GIS 7 Stocks To Watch For March 21, 2017 Earnings Scheduled For March 21, 2017 General Mills beats by $0.01, misses on revenue (Seeking Alpha)

Pre-open movers

U.S. stock futures traded higher in early pre-market trade. The current account data for the fourth quarter will be released at 8:30 a.m. ET. Kansas City Federal Reserve Bank President Esther George is set to speak in Washington, D.C. at 12:00 p.m. ET, while Federal Reserve Bank of Cleveland President Loretta Mester will speak in Richmond, Va. at 6:00 p.m. ET. Boston Federal Reserve Bank President Eric Rosengren will speak in Bali, Indonesia at 9:45 p.m. ET.

best it stocks to buy: Cellectis S.A.(CLLS)

Advisors’ Opinion:

  • [By Jim Robertson]

    Yesterday, small cap clinical-stage biopharmaceutical stock Cellectis SA (NASDAQ: CLLS) reported that they had received notice fromFDA that a clinical hold was placed on both UCART123 ongoing Phase 1 studies -in acute myeloid leukemia (AML) and in blastic plasmacytoid dendritic cell neoplasm (BPDCN). The clinical hold was initiated after Cellectis reported one fatality in the BPDCN clinical trial (ABC study) with the Company now working closelywith the investigators and the FDA in order to resume the trials with an amended protocol including a lowered dosing of UCART123. The FDA has a detailed page about clinical holds which mentions:

  • [By Lisa Levin]

    Cellectis SA (ADR) (NASDAQ: CLLS) shares dropped 20 percent to $25.70 after announcing FDA clinical hold of UCART123 studies.

    Shares of Opiant Pharmaceuticals Inc (NASDAQ: OPNT) were down 10 percent to $35.20. Opiant Pharma named David O'Toole as CFO.

best it stocks to buy: SanDisk Corporation(SNDK)

Advisors’ Opinion:

  • [By Michael Flannelly]

    Early on Friday, analysts at RBC Capital boosted the near-term estimates on SanDisk Corporation (SNDK), a manufacturer of data storage products, because a fire at SK Hynix’s factory should lead to favorable pricing over the next two quarters.

    “We see a favorable pricing environment as a result of SK Hynix’s fire, which threatens to curtail NAND output as the company likely re-purposes production back toward DRAM, resulting in lower than expected incremental NAND wafers vs. company’s plan of 170K/WPM,” RBC Capital analyst Freedman said. “Consequently, we see stronger pricing through EoY before SK Hynix ramps NAND toward normalized prod’t levels as DRAM resources are restored/replaced.”

    The analysts maintain an “Outperform” rating on SDNK and still see shares reaching $76. This price target suggests a 26% upside to the stock’s Thursday closing price of $60.08. Furthermore, they boosted SanDisk’s 2013 EPS estimates from $4.82 to $4.95.

    SanDisk shares were up a fraction during pre-market trading on Friday. The stock is up 38.11% year-to-date.

best it stocks to buy: Territorial Bancorp Inc.(TBNK)

Advisors’ Opinion:

  • [By Lisa Levin]

    Territorial Bancorp (NASDAQ: TBNK) shares touched a new 52-week low of $21.31. Territorial Bancorp shares have dropped 9.43% over the past 52 weeks, while the S&P 500 index has gained 16.18% in the same period.

best it stocks to buy: Tencent Holdings Ltd (700)

Advisors’ Opinion:

  • [By Belinda Cao]

    Sohu.com Inc. (SOHU), which sold a stake in its search unit to Tencent Holdings Ltd. (700), advanced 11 percent for the week to $72.06. It retreated 5.9 percent Sept. 20. Tencent, Chinas biggest Internet company by market value, paid $448 million for a 36.5 percent stake in Sohus Sogou unit last week and merge its own search service with Sogou.

How To Automate Your Finances In 5 Easy Steps

&l;p&g;&l;img class=&q;size-large wp-image-493&q; src=&q;http://blogs-images.forbes.com/peterlazaroff/files/2018/01/How-to-Automate-Your-Finances-1200×784.jpg?width=960&q; alt=&q;&q; data-height=&q;784&q; data-width=&q;1200&q;&g; Photo Credit: www.peterlazaroff.com

Financial success isn&a;rsquo;t magic, it&a;rsquo;s engineering.

The key is to build systems and processes that limit undesirable behaviors in your present self and promote&a;nbsp;desirable behaviors that help your future self.&a;nbsp;In economics, this is called precommitment.

Keeping your long-term goals in mind at all times requires a lot of willpower and effort. But having a process in place that replaces willpower and eliminates temptation makes it easier to progress toward what you want.

Automating your finances helps you achieve specific goals by systematically creating positive long-term habits while fighting the temptation to deviate from your financial plan. For example, setting up an automatic deposit into my &l;a href=&q;https://www.brightplan.com/&q; target=&q;_blank&q;&g;BrightPlan&l;/a&g; investment account each week requires little to no ongoing effort.

But first, let&a;rsquo;s take a step back.

Prior to automating your financial life,&a;nbsp;you need to &l;a href=&q;https://www.forbes.com/sites/peterlazaroff/2016/02/29/creating-a-budget-that-works/#6b31a4e87bcc&q;&g;put your reverse budget in place&l;/a&g;. That requires you to write out and prioritize your financial goals so that you can focus on the tradeoffs such as&a;nbsp;&l;a href=&q;https://www.forbes.com/sites/peterlazaroff/2016/07/29/invest-or-pay-down-debt/#3520a5743464&q;&g;investing or paying down debts&l;/a&g;.

Once you have a&a;nbsp;reverse budget, you can put your personal finances on autopilot in just a few easy steps.

&l;strong&g;Step 1: Open The Appropriate Accounts For Your Automated System&l;/strong&g;

&l;img class=&q;dam-image shutterstock size-large wp-image-528881386&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/528881386/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Shutterstock

The first step of building an automated process is opening the right accounts. That starts with your primary checking account. That&a;rsquo;s going to function like Grand Central for your money, with cash coming and going on a predetermined schedule.

In order to prevent the automation system from biting you, you must have a&a;nbsp;&l;a href=&q;https://www.forbes.com/sites/peterlazaroff/2017/02/15/cash-is-king-3-ways-to-manage-it-the-right-way/#57a06e271266&q;&g;cash cushion&a;nbsp;in your checking account&l;/a&g; to protect against overdrafts or surprises that result from a mismatch in the timing of automatic bill payments and your paycheck.

The cushion doesn&a;rsquo;t need to be very big. Most people find that 25 to 50% of one month&a;rsquo;s expenses is sufficient. If you have unpredictable income and expenses, aim to keep 100 to 150% of a month&a;rsquo;s expenses as your cash cushion.

The other accounts to utilize are credit cards that earn rewards or cash back on your everyday spending. There are plenty of credit cards that earn 2% to 6% on specific spending categories such as gas, groceries, dining, travel, etc.

Credit cards are NOT for everyone, but responsible and strategic use of credit cards provide your finances with an additional boost from automation.

&l;strong&g;Step 2: Pay Yourself First&l;/strong&g;

After you create a cushion in your checking account and have credit cards that align with your largest spending categories, you can begin building the automation process. Start by paying yourself first.

On the days your paycheck hits your checking account, immediately direct a portion towards your&a;nbsp;&l;a href=&q;https://www.forbes.com/sites/peterlazaroff/2017/09/23/how-to-set-up-your-emergency-fund/#63d1fea71cc4&q;&g;emergency fund&l;/a&g;&a;nbsp;and&a;nbsp;&l;a href=&q;https://peterlazaroff.com/2017/06/05/where-to-save-for-retirement/&q; target=&q;_blank&q;&g;retirement savings&l;/a&g;.

Even if you have high interest consumer debt or student loans to pay down, you need to be contributing&a;nbsp;something&a;nbsp;towards your emergency fund and retirement.

&l;strong&g;Step 3: Set Up Payments For Your Bills And Expenses&l;/strong&g;

Next, focus on your bills. This obviously includes credit cards, which I alluded to earlier, but nearly all bills can be paid automatically.

Mortgage, utilities, tuition costs, memberships, subscriptions and more &a;ndash; you can automate them all to eliminate worrying over whether you paid a bill or not.

Rent is an example of something that is harder to pay automatically, but you can still ask your landlord or building manager if you can set up automatic electronic payments. I&a;rsquo;m sure they will be happy to know they won&a;rsquo;t have to worry about collecting monthly rent.

&l;strong&g;Step 4: Automate Your Contributions To Your Investment Accounts&l;/strong&g;

Once you have your savings and bills on autopilot, the last (and arguably most important) step is to set up automatic investing.

Making automatic deposits into your investment accounts at predetermined times and into a predetermined mix of funds prevents the urge to time the market.

&l;!–nextpage–&g;

This process, known as dollar cost averaging, also allows you to diversify your purchase price by making regular investment purchases over time. When you make equal dollar purchases over time, you buy more shares when prices are low and fewer shares when prices are high.

Ideally, you have an employer-sponsored retirement plan such as a 401(k) or 403(b). At a bare minimum, contribute to your employer&a;rsquo;s plan that qualifies you for a full match. There is no better guaranteed return available to savers than the 100 percent return you receive simply for saving to your employer plan.

&l;a href=&q;https://www.forbes.com/sites/peterlazaroff/2017/02/27/do-you-have-a-bad-401k-plan-heres-how-to-tell/#2782bef43fcc&q;&g;Assuming you have a good 401(k) plan&l;/a&g;, this should be where most of your retirement dollars should flow until you&a;rsquo;ve reached the maximum contribution.

&l;strong&g;Step 5: Increase Your Automated Transfers Over Time&l;/strong&g;

The final piece of automating your finances is finding a way to automatically increase your savings over time. Setting up automatic escalation requires a little more legwork depending on where the savings are going.

Many online investment platforms will allow you to increase your recurring contributions on an annual basis. Same goes for many online banks.

If this feature is not available, I&a;rsquo;d recommend creating a recurring calendar event for January 1st of each year with specific instructions of how much you will commit to increasing your savings. The primary benefit of automatic escalation is it prevents lifestyle creep that occurs with a growing salary.

&l;strong&g;Get The Guide To Automating Your Financial Life And Getting Your Entire Financial House In Order&l;/strong&g;

Finances have a way of getting increasingly complicated in all stages of life. Putting your savings, bills, and investments on autopilot can greatly simplify things.

A good system will direct dollars to the things that matter to us most and keep us on track for reaching our end goals. It also establishes&a;nbsp;a process that will help you fight temptation to deviate from your savings and investment plan.

Feel like you may need help or more ideas on the kind of processes and to-dos that can help you create the financial life you want? I&a;rsquo;m writing a book that covers all this and more, and&a;nbsp;&l;a href=&q;https://goo.gl/vUtq3A&q; target=&q;_blank&q;&g;you can be the first to know when it&a;rsquo;s published by signing up to stay in the loop&l;/a&g;.&l;/p&g;

5 Reasons Youre Not Reaching Your Financial Goals

Despite the fact that the stock market has been booming, so many people are not meeting their financial goals. Some wonder if theyll ever be able to retire.

Well, I want this year to be the year in which you actually reaching your financial goals.

Im a trader. Usually, when traders are not meeting or reaching their financial goals there are some simple and easy to explain reasons why. That fact may be hard to swallow, but its the truth. I have a reputation for giving it straight

So, let me detail five common reasons why traders arent realizing their full financial potential, and offers tips for how to reverse this negative trend.

Reason #1

You dont have goals. What are your goals?

If this question is being met with crickets chirping in the silence, thats a problem. Chances are, your lack of goals is playing a big part in why your financial dreams arent coming true.

To be able to attain your financial goals (and any goals, really), you first need to have goals. So what are your goals?

This should be unique to you, and not based on things you think you should want.

Maybe you want to earn enough money so that you can buy a condo in Manhattan. Or perhaps its not a single tangible thing, but you have a goal to increase your income by 20% per year.

Quite honestly, it doesnt matter what your goals are. Whats important is that you have goals that are meaningful to you, and which you have thought out carefully.

By having firmly defined goals, you have something specific on which to measure your progress, and specific things to work toward. Having specific goals in mind also allows you to create manageable milestones to work toward them.

Reason #2

You lack targeted training. You can have the most specific goals in the world, and the most magnificent plan for how to attain them.

But it wont happen if you dont have the skills necessary to succeed. This is true in any type of business, but its particularly important if youve chosen trading as your profession and how to go about reaching your financial goals.

Ive created an e-letter specifically designed to help my readers do that (go here now to learn how you can sign up). Its designed to give my readers the precise skills they need to get ahead and make money by trading penny stocks.

A basic education on how stocks work simply isnt enough: you need to be specifically trained in what it is that you need to know to make money.

Reason #3

Youre not working hard enough. Becoming a millionaire requires a lot of hard work.

But something that many traders overlook is that making $500,000, or even $200 for that matter, requires hard work too.

And when you work hard, you must be working hard on the right strategy. In a nutshell, you need to work hard all the time as a trader, whether youre trading with a small account or moving hundreds of thousands in a single traderesearch and preparation ahead of time matters most of all!

Its important to set up good work habits and to be diligent early on. If youre new to trading, now is the time to develop good habits, so that you can learn the ropes and experience growing pains when the stakes arent as high.

As you begin to make more money, youll be happy that you took your work seriously earlier, because you will have ingrained good habits and will understand what works and what doesnt in your trading.

As you begin to earn more, this solid foundation will help you work smarter and make more money later on. By learning how to work hard now, youll reap many benefits later.

Reason #4

You dont have proper guidance. Having a mentor is lame because you can just do it all yourself, right?

Absolutely wrong.

Why would you set yourself up for potential calamity and failure when a mentor can save you from experiencing both?

A mentor is worth his or her weight in gold. Its literally like having someone who has a big key that can unlock many of the mysteries of your unfolding career.

A mentor has been where you are, and probably made plenty of mistakes and bad decisions. By following their advice and consulting with them frequently, you can avoid many mistakes and bad decisions that could lose you a ton of money.

Listen, youre probably still going to make mistakes and lose money at points, so why not avoid as many of the pitfalls as you possibly can?

A mentor can help you do this.

Reason #5

Youre not adjusting your goals appropriately. Its important to have clarity on reaching your financial goals. But dont allow them to be so set in stone that you have no flexibility.

Being too rigid with your goals can actually keep you from attaining financial success and as a trader you must ALWAYS be adapting to new hot sectors, new hot stocks, new patterns and being aggressive or conservative in various market environments.

Listen, I am a big believer in dreaming big and setting huge financial or personal goals to work toward. However, you also need to be realistic on a certain level.

For instance, say your goal is to buy a hotel resort in South Beach. Thats a great goal, but it may take quite a long time to reach it.

Therefore, its important to set many more manageable goals along the way. Otherwise, your goal can seem very far away, and this can be discouraging.

Having mini-goals in between here and there allows you to focus on smaller milestones while remaining committed to your goals.

Thats how I attained bigger goals like these:

Sykes Car

Believe it or not, you can actually set your goals too low, too. Think of it this way

Say you have $10,000 in credit card debt and your goal is to pay it off. When you start to make money trading, you can pay this off pretty rapidly. But then, without a new goal, you can lose momentum.

Its important to re-adjust your goals to suit your career. If youre meeting them too quickly, aim higher! Dont hold yourself back by not dreaming big enough.

Having a clean path to reaching your financial goals is a vital part of finding success in business, whether you are trading penny stocks, operate a retail store, or run a food truck.

The tips in this post are meant to help keep you committed to your goals and gain financial success.

Im hosting an event next Wednesday, Jan. 24, to show you how too can learn how to gain financial success by trading penny stocks. If youre ready to take control of your financial future, join me. If not, I dont have time for excuses.

Regards,

Tim Sykes
for The Daily Reckoning

Dan Seiverts Tips for Wealth Management Firms Looking to Sell

Top 10 Best Colleges With Low Student Debt: Kiplinger

The New 20% Pass-Through Tax Deduction: An Advisors Guide

IRS Releases Tax Withholding Tables for 2018

Wealth managers interested in selling their firms should not believe the hype about a strong seller’s market, says Dan Seivert, CEO of Echelon Partners, a leading investment banking firm for the industry.

“Everyone thinks it’s a sellers’ market now. If that were true valuations would be really high, but they’re moderate,” said Seivert, who spoke at this week’s Investment Advisor Forum sponsored by the Investments and Wealth Institute in New York City.

“There’s a dearth of attractive buyers but a lot of sellers,” said Seivert, adding that deal terms favor buyers.

Still, the number of deals in 2017 involving firms with more than $100 million in AUM surged to 154 in 2017,  capping a 16% compound annual growth rate since 2009.

(Related: RIA M&As on a 5-Year Growth Tear: Echelon Report )

Increased availability of financing has been a big driver of deal activity. In addition, sellers have more access to assistance in deal making and to sales to other wealth management firms, and they have more knowledge about dealmaking, according to Seivert.

Another 

For those firms interested in selling, Seivert stressed that “growth is the single most important variable in valuing a well management firm. Growth signals quality, validates a business model, affords financing, allows for both internal succession and sales to external buyers,” said Seivert.

(Related: Echelon Rolls Out RIA Valuation Business)

He recommends that potential sellers know how fast or slow they’re growing in order to assess their valuation, set a strategy for growth and check if their firm is taking an aggressive enough approach to pursuing growth opportunities.

Since 2010, revenues of wealth management firms have grown at a compounded annual rate of 15%, with rates ranging from a low of 8% in 2015 to a high of 24% in 2011, according to Seivert. (The 2017 growth rate was 20%.) Their assets have been rising while their numbers have been declining. 

(Related: Tibergien on M&A: Who Will Be the Last Firm Standing?)

Scale is another important consideration for sellers. Seivert divides the wealth management universe into three scale models: small businesses with more than $1 billion in assets; boutiques with $200 million to $1 billion AUM and practices with less than $200 million in assets. “The valuation paradigm is different for each firm.”

Buyers are most attracted to firms with meeting these key thresholds: $1 billion AUM, $10 million in revenues and $3 million in profits, according to Seivert. Few firms currently for sale meet those criteria, according to Echelon Partners. Just 3% have $1 billion in AUM and none have $10 million in revenues. Moreover, three-quarters of wealth managers for sale have less than $200 million in assets and less than $1 million in revenues.

In 2017, RIAs accounted for 39% of buyers of wealth managers, and strategic buyers or consolidators had a 42% market share. Bankers, once the largest buyers of wealth managers, now account for just 7% of purchasers (“other” accounted for the remaining 12%).

Looking ahead, Seivert said wealth management firms should expect a decline in valuations of as much as 35% after the bull market, about to enter its tenth year in March, ends. It could then take six to seven years for valuations to recover.

 

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In an increasingly competitive industry, advisors and independent broker dealers need to differentiate their firm. Learn how providing tax alpha at scale gives you a…

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Join this webcast to see how Trisha Qualy, Director of Wealth Management at AdvisorNet Financial, took client assets from $100 million to $1.3 billion in…

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foreign investment

Michael A. Robinson

If there’s one thing you can count on from Wall Street, it’s repetitious analysis of big tech news.

Take the Amazon.com Inc. (Nasdaq: AMZN) purchase of Whole Foods Market Inc. (Nasdaq: WFM) for $13.7 billion last week.

A steady, predictable stream of stories quoting analysts about the “death of retail” followed the announcement.

Don’t get me wrong – that’s a big, ongoing story. It’s one I wrote about in the past, as recently as May 23.

What they missed is how this is a boon for technology: mobile commerce, Big Data, machine vision and learning, chips, sensors… and especially robots.

Robots already are all over Amazon’s warehouses and are a big part of its success.

Now they’ll be in Whole Foods’ warehouses, checkout lines, and maybe even a part of making deliveries.

foreign investment: Snap-On Incorporated(SNA)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    Coming up on this episode of Mad Money: Cramer interviews Nick Pinchuk, CEO of Snap-on (SNA) . Plus, don’t miss the Lightning Round. Which stocks is Cramer bullish on?

  • [By WWW.MONEYSHOW.COM]

    Snap-on (SNA)

    Snap-on, which is more than 100 years old, provides hand and power tools for individuals and professionals, including auto-shop tools and auto diagnostic equipment.

  • [By John Divine]

    Snap-on Incorporated (SNA) is my choice for the Best Stocks for 2016 competition. At a market cap of $10 billion, I doubt it will double over the next year, as some of the smaller companies in this competition might be able to.

    That said, Snap-on, which manufactures and markets hand tools and diagnostic equipment, is a rock-solid company with an attractive valuation and impressive growth. It goes for 22 times earnings, pays a consistent and modest dividend, and has been around since 1920.

    As cars get more tech-heavy and complicated, newer tools and better diagnostics will be needed — and that’s SNA’s bread ‘n’ butter. 

foreign investment: PACCAR Inc.(PCAR)

Advisors’ Opinion:

  • [By Jim Cramer]

    Despite the weak revenue results, PCAR has outperformed against the industry average of 21.6%. Since the same quarter one year prior, revenues slightly dropped by 1.6%. The declining revenue has not hurt the company’s bottom line, with increasing earnings per share.

     

  • [By Jim Cramer]

    The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Machinery industry and the overall market, PACCAR INC’s return on equity exceeds that of both the industry average and the S&P 500.

     

  • [By Jim Cramer]

    The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Machinery industry. The net income increased by 16.1% when compared to the same quarter one year prior, going from $371.40 million to $431.20 million.

     

  • [By JPMorgan]

    We are Neutral on PCAR as the company faces the risk of both lower volume and margin pressure from declining demand in its core NA HD truck business in 2016. However, we believe PCAR should command a premium valuation due to its track record of solid execution. In addition, PCAR pays out a normal and a special dividend which, in total, should equal ~50% of net income and currently offers a yield of 4.1% (JPMe total payout of ~$2.12/share) making it potentially attractive to income-oriented investors. 

  • [By Vikram Nagarkar]

    NVIDIA has also recently announced several partnerships lately, like the one with Microsoft,dubbed Olympus, aimed at maximizing GPU performance for data centers. Then there are also other partnerships in the self-driving cars space, like the one with Bosch, and another one with PACCAR (NASDAQ:PCAR), to develop autonomous trucks. Of course, most of these partnerships will most likely take a while before they can translate to any monetary benefits for NVIDIA. What these deals do, though, is reinforce NVIDIA’s grip over this market, which even pushed Intel (NASDAQ:INTC)to acquire Mobileye (NYSE:MBLY), to build a presence in this space. Mobileye is the company that lost business from Tesla Inc (NASDAQ:TSLA)to NVIDIA last year. Putting that aside, more importantly, the price that Intel is paying to acquire Mobileye has indirectly pointed to the fact that NVIDIA may be significantly undervalued.

foreign investment: Synta Pharmaceuticals Corp.(SNTA)

Advisors’ Opinion:

  • [By Lisa Levin]

    Synta Pharmaceuticals Corp. (NASDAQ: SNTA) shares were also up, gaining 61 percent to $0.393. Synta Pharmaceuticals announced plans to merge with privately-held Madrigal Pharmaceuticals.

foreign investment: Mastercard Incorporated(MA)

Advisors’ Opinion:

  • [By Brian Feroldi, Dan Caplinger, Rich Duprey, Jason Hall, and Jordan Wathen]

    In order to point you in the right direction, we asked a team of Fools to highlight a dividend stock that they feel is a great stock for a beginner. Read on to see why they picked AT&T (NYSE:T),Apple (NASDAQ:AAPL),Anheuser-Busch InBev(NYSE:BUD), Mastercard(NYSE:MA), andJPMorgan Chase(NYSE:JPM).

  • [By WWW.THESTREET.COM]

    This one could be the easiest of advances, both because credit losses are down big and because its credit-card brethren — Capital One Financial, Discover, Visa (V) and MasterCard (MA) — have all had significant rallies. I actually regard this stock as inexpensive and think it can be bought here now that it has fully absorbed the loss of the Costco (COST) business to Visa and Citigroup (C) .

  • [By ]

    We’re confident that this year’s list is poised to perform just as our previous picks — which is no small feat. We’ve bagged winners like the 64.3% return from Mastercard (NYSE: MA), 44.3% from Intel (Nasdaq: INTC), 38.9% from Deere (NYSE: DE) and even 101.8% from Skyworks Solutions (Nasdaq: SWKS).

  • [By Ashley Moore]

    But before we get to the stock pick, here’s a list of the 10 top-performing Warren Buffett stocks so far this year…

    Company YTD Gains
    Moody’s Corp. (NYSE: MCO) 34.25%
    Apple Inc. (Nasdaq: AAPL) 30.24%
    Verisign Inc. (Nasdaq: VRSN) 29.88%
    Restaurant Brands Inc. (NYSE: QSR) 29.16%
    WABCO Holdings Inc. (NYSE: WBC) 28.97%
    Visa Inc. (NYSE: V) 26.20%
    Liberty Sirius XM Group Class C (Nasdaq: LSXMK) 24.54%
    MasterCard Inc. (NYSE: MA) 24.35%
    Liberty Sirius XM Group Class A (Nasdaq: LSXMA) 22.89%
    Sirius XM Holdings Inc. (Nasdaq: SIRI) 22.81%

    Again, we don’t recommend all of the stocks above for retail investors. After all, Warren Buffett is one of the most wealthy and legendary investors in history. He has a completely different set of goals from us.

  • [By ]

    We’ve bagged winners like the 64.3% return from Mastercard (NYSE: MA), 44.3% from Intel (Nasdaq: INTC), 38.9% from Deere (NYSE: DE) and even 101.8% from Skyworks Solutions (Nasdaq: SWKS). So it’s easy to see why this has become one of StreetAuthority’s most popular reports.

foreign investment: Tesoro Corporation(TSO)

Advisors’ Opinion:

  • [By Benzinga News Desk]

    U.S. oil refiner Tesoro (NYSE: TSO) said it would buy Western Refining (NYSE: WNR) for $4.1 billion to add refineries in Texas, New Mexico and Minnesota. The combined company will have refining capacity of over 1.1 million barrels per day. Tesoro has refineries in California, Washington, Alaska, Utah and North Dakota.

foreign investment: Xerium Technologies Inc.(XRM)

Advisors’ Opinion:

  • [By kiplinger]

     52-week high: $18.93 


    52-week low: $11.01 

    Annual revenues: $492.9 million 

    Xerium Technologies (XRM), a manufacturer of products used in papermaking, is a favorite of micro-cap expert Dan Abramowitz, who heads Hillson Financial Management, in Rockville, Md. Abramowitz calls the company “a turnaround story that is now at an inflection point.” Changes that a new management team put into effect in 2012 should start bearing fruit. The stock’s price-earnings ratio is a mere 7, based on the average of analysts’ earnings estimates for 2016.

Investors Are 'All In' But Selling Could Be a Terrible Mistake

Individual investors were "all in." It felt like the top.
 
The problem was that it wasn't the top.
 
It was early 1998. Investors were betting on a continued uptrend – they had gone "all in" on stocks, based on one measure.
 
If you'd sold then simply because investors were "all in," you would have been kicking yourself later. That's because the market didn't peak until two years later – in early 2000.
 
Said another way, if you'd gotten out when investors first went "all in," you would have missed out on two years' worth of upside.
 
Today, we're seeing the same scenario. Investors are "all in" on stocks, just like they were in 1998. And just like that time, selling early could be a huge mistake.
 
Let me explain…
 
I always want to know what individual investors are doing with their money.
 
It tells us when investments are hated or loved… And how to act as contrarians.
 
Still, the timing around sentiment indicators can be tricky. That's the case with today's "all in" measure for stocks.
 
The American Association of Individual Investors (AAII) has been tracking investor portfolios for decades. One of its surveys covers the cash, stock, and bond allocations of individual investors.
 
According to the latest survey, individual investors' cash positions are at the lowest level we've seen in nearly two decades. Investors hold just 13% of their portfolios in cash right now.
 
Again, cash positions haven't been that low since the dot-com boom. But it doesn't mean stocks are peaking today. Here's how things went last time…
 
In January 1989, individual investors held 36% of their portfolios in cash. Stocks boomed over the next several years. And by March 1998, investors held only 11% of their portfolios in cash.
 
The dot-com boom was in full swing. And investors had gone "all in."
 
Sounds scary, right? Well, it wasn't.
 
From March 1998 to March 2000, the tech-heavy Nasdaq Composite Index gained 177%…
 


Getting out just as investors were piling in would have been a terrible mistake.
 
Today, we're in a similar position. Mom-and-pop investors' cash allocations are at 13%, according to AAII.
 
That tells us that sentiment is getting more positive. Investors are more excited to own stocks. But it doesn't mean a crash is imminent.
 
When cash positions hit similar lows in early 1998, the Nasdaq nearly tripled in less than two years.
 
Now, I'm not saying that stocks are certain to double or triple from here. But we have no reason to expect this is the top just because individuals have moved into the stock market, either.
 
History says the opposite is true… We could still have years of upside ahead of us – along with some of the biggest gains of this bull market.
 
Good investing,
 
Brett Eversole

good investments

Itis no secret that we are in the midst ofa raging bull market,and now many investors have started gearing up for another good year for stock investors in 2018. Oil currentlyremains under $60 per barrel, but Wall Street and oil and gas strategists believe that many of the U.S. oil and gas producers will be quite profitable in 2018 and beyond.

24/7 Wall St. tracks dozens of analyst upgrades and downgrades each morning of the week. This literally includes hundreds of analyst calls over the course of most weeks. With the bull market now nearly nine years old, stocks in general have been the place to be for almost all that time. Where that generality has not held true is in the energy patch. Many oil and gas stocks are down 20%, 30% or even over 50% from their highs in recent years.

Most analyst calls in large cap and mid-cap stocks with new and reiterated Buy or Outperform ratings are predicting total return upside of about 8% at this stage in the bull market. In the oil gas sector, there have been some very bullish analyst calls in recent days. We went back to December 15 to review where the bullish analyst calls are being made in the energy sector.

good investments: China Mobile (Hong Kong) Ltd.(CHL)

Advisors’ Opinion:

  • [By David Goodboy]

    Rumors are that Apple will use this opportunity to announce the long-awaited deal with China Mobile (NYSE: CHL), which is the world's largest cellphone carrier with more than 700 million active users. Clearly, there are impediments in the way, but the potential for a lower-priced iPhone for this market means strong possibilities remain. This deal would be a major upside catalyst for Apple shares.

  • [By Motif Investing]

    The most heavily weighted names in the motif are China Mobile Ltd. (ADR) (NYSE: CHL), Aibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), India's HDFC Bank (NYSE: HDB) and Russia's Mobile TeleSystems PJSC (NYSE: MBT).

  • [By Lisa Levin]

    In trading on Thursday, telecommunications services shares fell 0.12 percent. Meanwhile, top losers in the sector included China Mobile Ltd. (ADR) (NYSE: CHL), down 3 percent, and Partner Communications Company Ltd (ADR) (NASDAQ: PTNR), down 1.5 percent.

good investments: Monsanto Company(MON)

Advisors’ Opinion:

  • [By Chris Lange]

    Monsanto Co. (NYSE: MON) is expected to share its most recent quarterly numbers first thing Thursday. Analysts are looking for $0.42 in earnings per share (EPS) and $2.77 billion in revenue. Shares were last seen at $116.78 apiece, in a 52-week range of $104.77 to $122.80. The consensus price target is $125.18.

  • [By Shanthi Rexaline]

    Agri-Input Companies — Seeds/ Fertilizers/Pesticides Manufacturers

    Monsanto Company (NYSE: MON): +68.82 percent since 2011. Syngenta AG (ADR) (NYSE: SYT): +56.26 percent since 2011. Mosaic Co (NYSE: MOS): -63.1 percent since 2011. Potash Corporation of Saskatchewan (USA) (NYSE: POT): -67.8 percent since 2011. CF Industries Holdings, Inc. (NYSE: CF): +5.04 percent since 2011. Agrium Inc. (USA) (NYSE: AGU): +1.10 percent since 2011.

    Agri-Finance Companies

  • [By Maxx Chatsko]

    BeforeBayer(NASDAQOTH: BAYRY)arrived onto the scene, I viewedMonsanto(NYSE: MON)as an intriguing growth stock. It has a rich history of delivering value to shareholders and continues to hold a dominant technological edge over key competitors in crop protection products, seeds, and traits. While little has changed its promising pipeline and portfolio, the pending acquisition throws a wrench in anyone’s plans to start or add to a position. Uncertainty stemming from the merger provides several terrible reasons to buy Monsanto at this time.

good investments: EQT Corporation(EQT)

Advisors’ Opinion:

  • [By Joel South and Taylor Muckerman]

    In today’s segment, Joel South talks about an intriguing development from EQT Corp. (NYSE: EQT  ) and Green Field Services, where the companies drilled a multistage fracked natural gas well in the Marcellus shale using 100% field natural gas. Using natural gas from close wells instead ofdieselto power rigs could be another game changer as oil and gas companies continue to increase drilling efficiencies and thereby significantly lower costs.

  • [By Elizabeth Balboa]

    The activist hedge fund’s latest 13F revealed a stake in Resolute Energy Corp (NYSE: REN), and on Monday, it announced a new position in EQT Corporation (NYSE: EQT).

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage loss ahead of the close Monday was EQT Corp. (NYSE: EQT) which traded down about 9% at $53.50. The stocks 52-week range is $52.67 to $80.61. Volume was over 21.5 million versus the daily average of 2.2 million shares.

good investments: Live Ventures Incorporated(LIVE)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Thursday, our Under the Radar Moversnewsletter suggested going long onsmall cap real-time deal engine stock Live Ventures Inc (NASDAQ:LIVE):

good investments: Norwegian Cruise Line Holdings Ltd.(NCLH)

Advisors’ Opinion:

  • [By Monica Gerson]

    Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) is expected to report its quarterly earnings at $0.37 per share on revenue of $1.10 billion.

    Jazz Pharmaceuticals plc (NASDAQ: JAZZ) is projected to post its quarterly earnings at $2.31 per share on revenue of $338.86 million.

  • [By Teresa Rivas]

    Norwegian Cruise Lines (NCLH) was up nearly 7% on Wednesday afternoon, following its fourth-quarter earnings report.

    Norwegian said that it earned 56 cents a share, a penny ahead of analysts’ expectations. Revenue rose 8.5% to $1.13 billion, also squeaking past the $1.11 billion consensus estimate.

    For the full year, Norwegian said it expects to earn between $3.75 and $3.85 a share, with a midpoint a penny above the $3.79 average analyst estimate. It’s first-quarter EPS guidance of 36 cents also came in ahead of the 34-cent consensus.

    Instinet analyst Harry Curtiswrites that after recent missteps, it was “vital” for Norwegian’s forecast to meet expectations but not seem too optimistic, a balancing act he believes the company achieved.

    He reiterated a Buy rating and $52 price target on the stock:

    NCLHs 2017 EPS outlook ($3.75 to $3.85) brackets our forecast ($3.75) and the Streets ($3.79). However, we believe there could be upside to that range, given the positive booking and pricing trends so far this year. We remain positive on the shares of NCLH, which we believe should continue to outperform through 2017.

    Norwegian was recently up 6.8% to $51.49.

  • [By Dan Caplinger]

    The stock market once again proved its resiliency on Wednesday, bouncing back from extensive declines early in the session to recover most of its losses. The Dow Jones Industrials actually managed to post yet another record close with a modest gain, and although other major market benchmarks suffered declines, they weren’t significant. Moreover, some favorable news from certain pockets of the market helped bolster investor confidence. Toll Brothers (NYSE:TOL), Lantheus Holdings (NASDAQ:LNTH), and Norwegian Cruise Line Holdings (NASDAQ:NCLH) were among the top performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

  • [By Ben Levisohn]

    Shares of Carnival have dropped 4.2% to $43.74 at 2:39 p.m. today, while Royal Caribbean Cruise (RCL) has tumbled 5.6% to $66.15, and Norwegian Cruise Line Holdings (NCLH) is off 4.3% at $38.63.

good investments: Cara Therapeutics, Inc.(CARA)

Advisors’ Opinion:

  • [By Javier Hasse]

    On the other hand, Cara Therapeutics Inc (NASDAQ: CARA) was up almost 1.9 percent in what also looked like a correction of the 1.6 percent gain registered over the regular trading session.

  • [By WWW.THESTREET.COM]

    In the Lightning Round, Cramer was bullish on Cara Therapeutics (CARA) , Verizon (VZ) , Radius Health (RDUS) and Six Flags (SIX) .

    Cramer was bearish on Hertz Global Holdings (HTZ) , General Motors (GM) , Pandora Media (P) , Cedar Fair (FUN) , Quotient Technology (QUOT) and Rite Aid (RAD) .