The market focuses on three main headlines for earnings reports. These are EPS, revenue, and outlook. Accenture missed 2 of 3, and the market reacted. If not for “business optimization moving ahead of schedule,” the EPS number might have missed estimates, too, making it 3/3 misses. This wasn’t a pretty earnings call. While Accenture did […]
Executive Summary While earnings and revenue beat estimates for Q3 FY’23, the market reaction was driven by full-year revenue growth guidance, which was pared down from 8%-10% to 8%-9%, driven by lowered forecasts in Q4. The talk of AI couldn’t deter from the fact that bookings for the quarter were below estimates and look flat […]
While you were on your holiday, the SECURE Act 2.0 passed the House and Senate and was signed into law by President Biden. The bill aims to strengthen the retirement system by making several changes to existing policies, although it does nothing to shore up social security. Let’s get into the details of what might […]
Accenture MDs deserve expert help in navigating complicated compensation. Learn how to maximize benefits from the only independent financial advisor who specializes in working with Managing Directors. Join me Friday, December 9th at 12pm MST by registering for a FREE webinar: We’ll use our time to: I’ll provide an example of VEIP impacts on monthly […]
VEIP enrollment is here again, so it’s time for Accenture Managing Directors to decide how much of their cash flow they want to kill! The VEIP cash flow crunch is very real, and if this is your first year to sign up, you need to ensure you’re prepared for the cash flow impacts. I’ve written […]
You’re here because you’re either an Accenture Managing Director, an aspiring Accenture MD, or just an Accenture fan like myself! I previously recorded a webinar, “Accenture Managing Director Road to Retirement,” to help MDs retiring in the next ten years optimize their financial independence approach. Thankfully, many people found this helpful. I mostly found it […]
Don Quixote was always on my mind, but I never read the book. Based on what I’ve heard over the years, I assumed he was some kind of great Spanish Robinhood, highly revered as he took on great adventures and helped the poor. I finally read the book, and now I realize Don Quixote was […]
Humans are the only animals who get to decide how we spend our time (and still live). I’d be in big trouble if I had no option but to grow my own food, as evidenced by my tortured garden this year. Instead, I can go to the store and buy food grown in all parts […]
There is no doubt finding someone you trust is paramount to successful financial planning. It’s imperative your advisor has your best interests at heart and isn’t just selling products to make commissions.At Adventure Wealth Advisors, building trust is a priority, and that’s why we’re a fiduciary which means we have a legal obligation to put […]