In Your Best Interest: An ALM First Podcast ALM First

Discover the strategies financial titans are employing to steer through the stormy seas of today's economy with our guest, Mark Meyer, the insightful leader at the helm of Filene Research Institute. As we tackle topics like the effects of high inflation and shifting consumer behaviors, Mark sheds light on the need for adaptability and data-driven decision-making. The conversation promises key insights into how credit unions are not just weathering the storm, but redefining their roles and services in response to evolving demands and regulatory pressures, all the while upholding their foundational values.

Get ready to unravel the ethical threads that weave through the tapestry of financial leadership. Our dialogue with Mark takes a turn into the principles of transparency and the bravery required to own up to missteps—a culture where failure becomes a stepping stone to success. We uncover the importance of third-party reviews in building trust and accountability, as Mark stresses the urgency for credit unions to innovate and align with the expectations of today's tech-savvy consumers. You'll learn how structured creativity can transform the financial landscape and why embracing change is crucial for thriving in an industry ripe with fintech disruption.

As we close the episode, the spotlight turns towards the crucial role of diversity and inclusion in sparking innovation within organizations. Mark and I dissect the 'muscles' needed to incubate new ideas, emphasizing the contagious confidence of leadership that emboldens teams to test, learn, and scale new concepts. We also reflect on how embracing demographic shifts positions organizations for future success and societal progression. And as we part ways, our disclaimer serves as a humble reminder that knowledge is power, and our goal is to empower, not advise, as you navigate the ever-evolving financial terrain.

Join us for a look at the mortgage market's current state as we team up with Jake Silvey, Director of Mortgage Pipeline Hedging at ALM First. From the seismic shifts of post-recession interest rates to the dizzying heights of 2023's market values, we explore  strategies that keep lenders afloat. Learn how fine-tuning operations and slashing overhead are critical maneuvers for riding the waves of economic uncertainty and why meticulous process auditing is not just necessary, but at the heart of sustaining profitability.

Venture with us into the intricate world of outsourced mortgage processes. Discover how the agility of month-to-month contracts can provide a lifeline for lenders in a rapidly changing environment. We tackle the significance of product and pricing engines for independent bankers and reveal how the strategic adoption of automated systems can streamline operations. And, for those contemplating the leap from best efforts to mortgage-backed securities hedging, we map out how expertly navigating interest rate risks could position you at the vanguard of the industry.

In our closing insights, we reveal the potent strategies that can bolster your bottom line amidst investor unpredictability. Hear the transformative tale of a client's windfall through shrewd partnerships with federal home loan banks. Delve into the art of vendor relationship management, where flexible contracts and proactive customer service aren't just perks—they're the pillars of success. For anyone with a stake in the mortgage market, this episode is a treasure trove of insider knowledge, guiding you to thrive in a landscape where only the most adaptable and astute will prosper. Join us and arm yourself with the intelligence to navigate the mortgage industry's future with confidence.

ALM First Financial Advisors is an SEC registered investment advisor with a fiduciary duty that requires it to act in the best interests of clients and to place the interests of clients before its own; however, registration as an investment advisor does not imply any level of skill or training. ALM First Financial Advisors, LLC (“ALM First Financial Advisors”), an affiliate of ALM First Group, LLC (“ALM First”), is a separate entity and all investment decisions are made independently by the asset managers at ALM First Financial Advisors. Access to ALM First Financial Advisors is only available to clients pursuant to an Investment Advisory Agreement and acceptance of ALM First Financial Advisors' Brochure. You are encouraged to read these documents carefully. All investments involve risk and may lose money. 

Speakers today are affiliates of ALM First, an investment adviser registered with the U.S. Securities and Exchange Commission. All investment decisions for client portfolios are made independently by the asset managers at ALM First. The views expressed are those of the speakers, and do not necessarily reflect the views of ALM First or any of its affiliates. These comments may not be relied upon as recommendations, investment advice or an indication of trading intent.

Unlock insights to successful executive search and talent retention with industry insiders Deedee Meyers and Tom Sievewright in the latest episode of "In Your Best Interest." Discover how the high-stakes game of recruiting top players in financial services demands a blend of strategic foresight and competitive compensation. We delve into the urgency of initiating CEO searches with ample time, and the evolving nature of the CFO role to one that requires a strategic mindset. Our conversation uncovers the pitfalls of sluggish hiring processes and reinforces the necessity for organizations to pivot quickly to secure the right candidates, ensuring their visions for the future align perfectly with those stepping into leadership roles.

All statements are made exclusively on behalf of ALM First Executive Benefits LLC.

Organizational priorities, new challenges and rising expectations continue to evolve for CEOs and other leadership team members. As a leader, it’s more important than ever to stay optimistic as you help ensure your team is ready to tackle whatever’s next. Join two experienced leaders from ALM First and DDJ Myers as they share insights from successfully growing their businesses, brands and personal followings. 

Higher rates are generally good for depository balance sheets, income statements and franchise values. But what is the path forward for loan originators in the current environment? In this month’s podcast, Kevin Shaner, Managing Director of ALM First's Loan Transaction Network joins us to discuss best practices in the lending arena along with insider tips to help your institution evaluate loan participations, loan sales, secondary markets, pricing models and profitability.

Financial institutions should consider M&A as a strategic growth option. The key to an effective transaction is ensuring ensure board members and the C-Suite are on the same page. In this month’s podcast, David Ritter, Managing Director at ALM First, talks about the environment for M&A activity and how boards and executives can come together to achieve growth objectives.