Monetary Moves In Japan Are A Game Changer, Blumenthal Tells IBD

Investor's Business Daily“It’s a game changer,” Steve Blumenthal, CEO of CMG Capital Management Group, told Investor’s Businsess Daily in the story Three Best Reasons To Invest In The Currency-Hedging ETFs.

Blumenthal was referring to Friday’s news that the Bank of Japan is massively scaling up its bond-buying program. Both the nation’s central bank and its state pension fund also plan to buy domestic and foreign stocks.

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Financial Advisors Deserve More dough

dough from the creators of tastytrade, the creators of thinkorswimWhat advisor wouldn’t like more dough? Maybe you can get it, if you follow the smart people at dough, the online trading and finance platform from the geniuses who also bring you tastytrade.

Investors are generally more active and involved with their investments now. They expect more from their advisor than a pre-packaged, pre-calibrated buy and hold strategy. dough and tastytrade can help you become an involved, self-directed, confident investor.

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Morningstar ETF Conference Gathers Industry’s Brightest

Morningstar logoThe ETF industry is booming. Total U.S.-listed ETF assets rose to $1.903 trillion last week, according to  Wednesday. September 17, through Friday, September 19, the brightest minds in the ETF investment industry will gather in Chicago at the Morningstar ETF Conference.

If you’re at the Conference catch CMG Capital Management Group CEO Steve Blumenthal in a panel discussion. Steve joins Robert Smith, from Sage Advisory, and Morningstar moderator David Sekera on Friday, Sept. 19, 9:40 a.m. – 10:30 a.m. for Breakout Session 5, Managed Portfolios. Facing the Fed-induced Headwinds.Follow the Conference on Twitter: #MStarETFUS

Morningstar has a new coverage area called ETF Managed Portfolios (660 strategies from 151 firms). Morningstar coverage includes CMG Opportunistic All Asset ETF Strategy and CMG Tactical Rotation Strategy.

Advisor demand for ETF managed portfolios continues to grow at a steady rate. At 8%, growth in the first quarter of 2014 equaled the average quarterly growth rate seen in 2013. Through March, strategies in Morningstar’s database collectively held $103 billion, representing a 40% increase versus March 2013.

Related: InvestmentNews: Financial advisers don’t make the most of ETFs, survey finds. Lack of time to learn the complexities leads to lack of confidence.

More financial advisors are choosing to build investment portfolios with ETFs rather than mutual funds. Why? What are the advantages of an all-ETF portfolio? Ron DeLegge, Chief Portfolio Strategist @ ETFguide talks with one LPL financial advisor about how he uses ETFs. Investors take note! Video below.

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Steve On Tactical Investing for Advisors: theStreet

Steve Blumenthal, CMG Capital Management Group, theStreetTactical investing is about planning to accomplish a purpose, says Steve Blumenthal, CEO of CMG Capital Management Group during a recent interview on theStreet.

“We speak and work with hundreds of financial advisors,” Steve tells Gregg Greenberg in theStreet’s Wall Street studio. He explains CMG’s tactical investing strategies, and the framework of the CMG Global Equity Fund (GEFAX). You certainly want to have long equity exposure, but you want to hedge in these uncertain times, says Steve.  “Japanese Yen still a clear short,” Steve says, and he mentions a Pro Shares ETF that can used to accomplish that strategy.

Click here to take a look at the full clip from Steve’s conversation with Gregg Greenberg of See more CMG Capital Management Group News.

Short Yen Top ETF Pick for Blumenthal in 2014

investors Investor's Business DailyStephen Blumenthal, CEO of CMG Capital Management Group, picked YCS as the ETF that has the best prospect to outperform in 2014. See the full story in Investor’s Business Daily: Best ETFs For 2014: 9 Picks From 9 Strategists.

Japan is one of the most heavily indebted developed countries on the planet. Its total debt to gross domestic product is over 500%, compared with the U.S.’s 365%. Japanese gross sovereign debt is around 240% of GDP — numbers that are substantially higher than most of the developed countries. They are borrowing to finance over 50% of their government spending. Japan’s public debt breached 1 quadrillion yen this past summer.

Blumenthal in WSJ: Emerging Markets Selloff Premature?

The Wall Street JournalInfluenceAdvisor clients make news: CMG Capital Management Group CEO Steve Blumenthal is quoted in The Wall Street Journal Article Mom-and-Pop Investors Bolt Emerging Markets.   Since the start of June, $18.1 billion pulled from emerging market bond fund.

“[Retail] investors are behaviorally doing the exact opposite of what they should be doing,” said Steve Blumenthal, whose advisory firm manages $550 million for investment advisers and retail clients. “Emerging markets have perhaps the best valuation level of any of the markets, but they’re in a selloff.”

CMG Capital Management Group is a Registered Investment Advisor (RIA) that provides other RIAs, financial planners, and institutions with managed accounts, mutual funds and variable annuities. See

Blumenthal on WSJ Live: What’s the Market Worth?

WSJ Live Wall Street Journal LiveWSJ LIVE: How Much Is the Market Really Worth? Major indexes are striking nearly daily record highs. But with earnings growth slowing sharply, are stocks overvalued? CMG Capital Management Group CEO and founder Steve Blumenthal joins MoneyBeat. Blumenthal favors an enhanced, tactically managed portfolio that mitigates volatility and smooths returns in all markets.

Advisor Weekly News Wrap

Latest news from InfluenceAdvisorIt was a wild week, with a critical vote on gun legislation, bombing and a manhunt in Boston, deadly explosion in Texas, gold tanking, and stocks suffering the worst week of 2013, with all three major indexes dropping more than 2%. Tax filing deadline passed on Monday but a MarketWatch story cautions you to save your tax records forever. That’s a long time, and a lot of paper to lug around.

Follow us on Twitter: @prforadvisors for daily updates.

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Advisor Weekly News Wrap

Latest news from InfluenceAdvisorEquities

The U.S. equity market (represented by the Russell 3000® Index) started strong, up 11%, buoyed by improvement in the labor market and positive housing data. Returns varied across asset classes and sectors in the first quarter of the year. See the Russell Investments First Quarter Market Review: Strong Start, What’s Next.


Writes Miguel Perez-Santalla on “With the recent drop of the precious metals prices and the continued media negativity on gold one would think that the public would be selling. However, the BullionVault exchange, with over 46,000 customers, has experienced double its usual activity in recent weeks with net buyers of both silver and gold. I believe this is an indication of the lack of confidence that the public has in our recovery.” See Unemployment Surprise! Gold in Recovery.

Tactical Rotation Strategy

The world remains uniquely out of balance. It’s critical to focus on risk management now.  See On My Radar: Thoughts on Cyprus & France by Stephen Blumenthal, CEO of CMG Capital Management Group.


With the April 15 deadline for filing tax returns fast approaching, financial advisers face a deluge of tax returns involving substantial gifts — a vestige of clients’ giving spree due to their tax uncertainty late last year. See Giving spree seen complicating taxes by Darla Mercado, InvestmentNews.

Exec Moves

National Advisors Trust Appoints New CEO.  National Advisors Trust Company is the largest independent, RIA-owned trust company in the nation with more than $8 billion in assets under administration. James Combs Jr. has been named CEO. Combs was previously chief operations officer for SEI Investment Manager Services. Combs also held numerous executive positions at Wilmington Trust Company, Wachovia Operational Services Corporation, Global Processing Alliance and Bankers Trust Company.

TD Ameritrade Institutional Names Director of Advisor Transitions. Scott Collins was previously CEO of FirstPoint Partners and SVP of business development at LPL Financial .

Advisor News Wrap

Latest news from InfluenceAdvisor

5 Financial Challenges for Veterans and Miltary Families (US News). With frequent moves and the potential for overseas deployment, military personnel and their families face unique challenges when it comes to managing their money and saving for the future.

Edward Jones Hires 300 Military Veterans in 2012 (Financial Advisor). Edward Jones has hired 300 military veterans as financial advisors this year and plans to hire more, in part through its program called Forces, the financial services firm announced Thursday.

Remember:  The economy and the markets are not the same (Russell Investments Helping Advisors Blog). Can you guess which country in the Russell Global Index had the best stock market performance this year as of September 2012?

Obama Victory Leads Wealthy to Make Quick Pre-2013 Moves: Taxes (Bloomberg) President Barack Obama’s re-election means his administration will push to let tax cuts enacted during the George W. Bush era expire for high earners, as scheduled, at year-end. Obama wants to increase the top federal income tax rate to 39.6 percent from 35 percent, boost rates on long-term capital gains to as much as 23.8 percent, and shrink exemptions from estate-and-gift taxes.

Here’s a tip for advisers looking to standout from the competition. And, before your client enters into a partnership, there are a few things they should consider. Plus, a look at mining stocks. Wealth Management’s Veronica Dagher reports in this video segment.