1. Average Financial Advisor Compensation by City
As of March 31, 2021, the average nationwide salary for an independent financial advisor is $133,750. There is a big difference between the highest- and lowest-earning financial advisors by city and state.
- ► National average household income: $66,039
- ► Rank of New York with the most financial advisors (26,150): 1
- ► Number of registered investment advisors (RIAs) in the U.S. in 2019: 12,993
- ► Change from number in 2012: +10,511
- ► Age of average RIA: 51–55 years
- ► Percentage of RIAs who are women: 31
- ► Percentage who are Black: 5
- ► Number of RIAs who have earned Certified Financial Planner certification: 88,614
2. Remote Work
The COVID-19 lockdown accelerated the remote working trend, as social distancing made commuting and working in an office unworkable.
- ► Percentage of U.S. employers with remote workers who report that productivity has remained the same or improved: 94
- ► Portion of U.S. remote employees who say they have been working harder than ever: 7/10
- ► Year-over-year increase in monthly in-home data usage March 1–17, 2020: 18%
- ► Increase in education app downloads March 2–16, 2020: 1,087%
- ► Percentage of jobs that require close contact and cannot be done remotely that are done by women: 77
- ► Percentage increase in the use of the phrase “technical difficulties” during corporate earnings calls: 310
- ► Percentage increase in the use of the phrase “You’re on mute”: 1,000
3. Starbucks at 50
Starbucks celebrates its 50th anniversary in 2021. By any measure, it has become a sprawling coffee empire.
- ► Date of the first store of what would become Starbucks: March 30, 1971
- ► Number of retail outlets Starbucks had on June 26, 1992, the day it was listed: 165
- ► Number of outlets it has today worldwide: 32,938
- ► Percentage of stores that are company-operated: 51
- ► IPO price in 1992: $17
- ► Current stock price: about $110 per share
- ► Approximate value today of $10,000 invested in Starbucks at its IPO price of $17: $4 million
- ► Total annual dividends paid based on Starbucks’ current quarterly dividend of 45 cents per share: $67,000
4. The Bank of Walmart
The world’s largest retailer is taking aggressive steps toward becoming a bank—starting with poaching two top consumer banking finance experts from Goldman Sachs.
- ► Number of employees: 2.2 million
- ► Year founded: 1962
- ► Year Walmart went public: 1970
- ► Percentage of U.S. population with a Walmart store within 10 miles: 90
- ► Average number of annual visits to Walmart per person: 30
- ► Approximate value today of $10,000 invested in Walmart shares at its IPO price of $16.50 per share, after eleven 2-for-1 stock splits: over $176.5 million
- ► Total annual dividends paid at Walmart’s current dividend rate of 53 cents per share: $2.6 million
5. The Buffett Indicator Blinks Red
In 2001, Warren Buffett said the ratio of stock market capitalization-to-GDP is the best single measure of market valuations. The Buffett Indicator compares the size of the stock market to that of the economy. A high ratio indicates an overvalued market.
- ► Aggregate U.S. market value: $48.6 trillion
- ► Current quarter annualized GDP (estimate): $21.7 trillion
- ► The Buffett Indicator as of March 25, 2021: 223%
- ► Rank of this percentage among the highest ratios since the inception of the Buffett Indicator: 1
- ► Percentage of this ratio relative to historical averages: +88
6. Tesla’s Market Cap Outpaces Competition
Tesla has surpassed Toyota to become the most valuable automaker in the world by market capitalization.
- ► Multiple by which Tesla’s stock price increased in value over the past 12 months: 9.5
- ► Tesla’s valuation as a ratio of its revenue for the trailing 12 months: 17
- ► For Toyota: 0.6
- ► For Apple: 8
- ► Number of cars Tesla delivered in the 12 months ending March 31, 2021: 400,000
- ► For Toyota: 10.5 million
7. Ultra-High-Net-Worth Individuals by Nation
The COVID-19 pandemic ravaged the world’s ultra-high-net-worth (UHNW) population, right? Not even a little bit.
- ► Number of global UHNW individuals (defined as having a net worth of at least $30 million): 521,653
- ► Percentage change since a year ago: +2.4
- ► Number of UHNW individuals in the U.S.: 180,060
- ► Percentage increase in number of UHNW people in the U.S., 2015–2020: 16
- ► Percentage increase in China over same period: 137
- ► Percentage change in the United Kingdom: –8
8. Pandemic Long-Term Trends
The pandemic has accelerated changes that were happening before the lockdown. It sped up trends that were already increasing and slowed down trends that were slowing down.
- ► Percentage of nonretired adults ages 50 and older who say they have delayed or might have to delay their retirement because of the coronavirus outbreak: 24
- ► Among nonretired adults, percentage who say that the economic impact of the pandemic will make it harder for them to achieve their financial goals: 51
- ► Percentage of upper-income adults who say their family’s financial situation improved in 2020: 30
- ► Number of the 50 largest U.S. companies that have turned a profit since the onset of the pandemic: 45
- ► Percentage of Americans aged 18 to 29 who live with one or both of their parents: 52
- ► Rank of this percentage among the highest recorded in the U.S.: 1
- ► Number of years by which U.S. life expectancy declined in 2020: 2
- ► Percentage of Americans who believe that 2021 will be better than 2020 for them personally: 44
9. U.S. Stock Ownership
The U.S. stock market, the largest in the world, amounts to almost $40 trillion. Who owns all these equities?