Monte Financial Group, LLC’s Post

Meet Avidian Chairman and CEO, Luke Patterson! Since joining Avidian in 2009, Luke has led and overseen the firm’s growth to more than $3.6 billion in assets under management. Luke’s passion for serving ultra-high-net-worth families and business owners has helped Avidian become what USA Today called one of the *“Best Financial Firms” for financial and estate planning, tax strategies, investment management, and risk management. Luke is a Houston native whose resume includes stops at major investing firms like Merrill Lynch, Morgan Stanley, and Morgan Keegan & Co. Read Luke’s full bio here: https://lnkd.in/gyhV-jD6 — Disclosure: The ranking methodology used by USA Today is conducted in partnership with Statista and is based on two things: recommendations from financial advisors, clients, and industry experts via an independent survey among over 25,000 individuals, and both short-term (12-month) and long-term (5-year) growth in assets under management (AUM) development analyzed using publicly available data. To be considered for this ranking, Avidian Wealth Solutions, LLC, had no interaction with USA Today or any of its affiliates. Inclusion did not include Avidian participating in any survey, advertisement, or compensation.

David Swensen, in 𝘗𝘪𝘰𝘯𝘦𝘦𝘳𝘪𝘯𝘨 𝘗𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰 𝘔𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵: "A cynic might argue that the money management industry benefits from inflating returns in databases used to assess active managers. Both the active managers and the consultants that compile data on active management want to encourage clients to engage active managers. Painting an unrealistically rosy picture of past active management successes no doubt motivates many investors to pursue the all-too-often-false promise of market-beating returns." Today, this most applies to private investment partnerships, in regards to which there are ongoing debates about the proper way to assess long-term performance and obvious questions about interim valuations, especially as they relate to the timing of fundraising cycles. Also, if not cynicism, skepticism is certainly warranted when it comes to the projection of historical returns (both absolute and relative to public markets) given the vastly different circumstances in place now versus the times during which track records have been built.

On January 30th, join Mark Hemby, CFA® from Saltmarsh Financial Advisors, LLC, and a special guest from Dimensional Fund Advisors for a semi-annual market review to discuss recent market events and implications to investors and address top-of-mind client questions from the last two quarters of 2023. Register: https://lnkd.in/eXQ3mX3W   #investmentadvisory #wealthmanagement #marketreview #financialadvisors #saltmarsh #marketupdate 

Luck meets strategy this St. Patrick's Day at Beck Capital Management! We believe that good fortune in finance isn't just luck - it's about smart planning, strategic investing, and making informed decisions. Here's to prosperity and good fortune that lasts all year round. Happy St. Patrick's Day! #StPatricksDay #InvestSmart #BeckCapitalManagement

Our second paper (abstract attached) has been published by The Journal of Wealth Management Vol 27. In the first paper a structured equations model was created to find the self determination factors influencing wealth advisors commitment and published by the Journal of Financial Planning in 2023. Here we see if gender played a role in commitment to the firm. Thanks to Dr. Timmerman for seeing it through the process and to the journal for publishing. When we get a chance Laura and I will see if we have anything else to say about this topic. https://lnkd.in/gYXkXSv2

Worth a review for 2 mins

I’m excited to attend the Future Proof Festival in Huntington Beach next week! This event gathers top minds in wealth management, technology and investing, and I’m looking forward to diving into the latest industry trends and tools. From exploring investment strategies to hearing expert insights on the economy and markets, I’ll be gathering knowledge to better serve my clients at Mitchell Financial Management. As we continue to provide personalized financial planning and investment management, staying informed is key to delivering the best possible outcomes. If you’re a CPA, attorney, or professional partner looking to collaborate, or if you’re a prospective client curious about how our firm can support your financial goals, let’s connect! #WealthManagement #Investments #FinancialPlanning

Curio Wealth Senior Advisor & COO Lyn A. Dippel, JD, CFP® and Director of Trading and Investments, Yvonne Scoggins attended the Dimensional Fund Advisors conference in Austin, TX. The 2-day Applied Investments Conference explored advanced investment-related topics with a focus on strategy implementation. Topics included in-depth discussions on how academic research should be applied to the investment process; Dimensional’s portfolio design, management, and trading; and updates on investment research and market themes. #PortfolioManagement #InvestmentResearch #ProfessionalDevelopment

In this excerpt from our recent Private Credit Investing video series, Managing Director Richard Grimm walks investors through best practices for utilizing private credit in portfolio construction, and offers a comprehensive overview of the many types of strategies investors can select from to align with their portfolio goals. Watch the full video series here: https://ow.ly/RNFS50R4C54

This weekend reading kicks off with the news that a recent study by Cerulli Associates has shown a sharp increase in the number of affluent investors willing to pay for advice, which on the one hand reflects the increasing financial complexity in peoples' lives (while they've also gotten busier than ever at work and at home) to the extent that they're more willing to work with someone to navigate those financial challenges; while also highlighting the progress advisors have made in providing more value beyond 'just' portfolio management – and in demonstrate that value to the public. https://bit.ly/3N6TOEc