Yesterday the film This Is Not Financial Advice premiered at the Tribeca Film Festival in front of a sold-out audience and I couldn’t be happier for Chris Temple and everyone involved with the project. Last summer at the FutureProof conference, a conference I highly recommend all of the financial advisor readers to attend this summer, attendees were able to see…
If somehow you missed the news today, a project we’ve been working on very hard behind the scenes at Onramp Invest was announced today… Onramp will be powering the Ritholtz Wealth Management Model Crypto Portfolio with WisdomTree. Rather than me sharing all of the details, check out some of the press from the day: The Reformed Broker: Let It B…
This morning I emailed a client’s grandsons with a few recommendations for blogs and podcasts to help them continue their interest and education in personal finance and investing; I sent them home the other day with a copy of The Almanack of Naval Ravikant, The Psychology of Money, and How I Invest My Money but wanted to make sure they…
With the excitement around Robinhood’s S-1 filing yesterday and its upcoming IPO, I have no doubt more investors will be giving the company a look, which is hard to believe given that it has over 18 million accounts and $80 billion in assets on the platform. Those numbers are bonkers, especially if you look at how it grew from 7…
With over 56 million Coinbase users and more than $223 billion in assets under management on the platform, there is a very good chance you have a cryptoasset account. And if you are a financial advisor reading this, there is an even better chance your clients have a crypotassets account that you do not know about. As bitcoin, ether, and…
I consider it my responsibility to bring potential financial bombs to your attention… As the NFT market continues to excite investors, NBA Top Shots show no sign of slowing down, I can only expect that investors who have seen huge gains in their cryptocurrency positions will continue to bid up the digital asset market. In doing so, I’m concerned many…
I don’t know if this is the top for NFT’s or the beginning of the general public learning about the latest investment phenomenon–if I had to pick, I think it’s the latter. I’m on the record saying that I believe NFT’s are here for the long run, will make an impact in the music industry and with artists, NBA TopShots…
If you haven’t heard about NFTs (non-fungible tokens) yet, you certainly will soon. There’s a chance you’ve heard of them and just don’t know it yet–if you have sports fans in your family, maybe you’ve heard of NBA Top Shots. These collectibles are the modern-day/future version of sporting cards; if you haven’t seen what’s going on with sporting cards over…
I’m finally getting around to reading How I Invest My Money by Josh Brown and Brian Portnoy—it’s a book about how financial professionals manage their money and financial plans. It’s filled with stories from some of my very close friends and I love to see my friends highlighted in such an amazing and important book. As I read a couple…
It’s year-end tax planning time… I’m sure you’ve heard of tax-loss harvesting—the process of selling investments in a taxable investment account at a loss to realize the loss and be able to offset future capital gains. Financial advisors and CPAs often recommend this strategy and robo-advisors will even take care of it for you. It’s a strategy worth exploring and…