As we celebrate our nation’s independence, we honor the courageous men and women dedicated to preserving our freedom. In the spirit of the holiday, and in honor of our clients and friends, a donation has been made to Adopt-a-Soldier Platoon.
Since early last year economists, market experts, and even corporate CEOs were predicting a recession for this year. Most of them said it would happen early in the year. A recession was the consensus view among experts, almost a foregone conclusion. With inflation surging to 9% last summer and the Fed aggressively raising interest rates, it was an easy story to sell…and believe. Fast forward to the present.
The "Baron Financial Group Market Update" is a video series where we present what has happened in the markets, what our team is doing now, and what we are looking at down the road. It is a video with audio, so if you prefer to just listen, click play and enjoy! Presented by Anthony Benante, CFA. Watch our May 2023 Market Update video here:
Have you heard about the debt ceiling and wondering how it may impact you? For our Baron clients, we are paying close attention. At the time of this writing on May 31st, the House of Representatives will be voting on a bill this evening at 8:30pm. As we understand it, they expect to have the necessary votes to pass the bill in its current form. At Baron Financial Group, we feel a default is highly unlikely. What is the debt ceiling and why do markets care?
Baron Financial Group honors the brave men and women who gave their lives serving our country. To honor all our veterans, a donation has been made to: Adopt-a-Soldier Platoon, an all-volunteer 501(c)(3) public charity that has been supporting our Troops since April 2003 and is based in Fair Lawn, NJ. In observance of Memorial Day, Baron will be closed on Monday, May 29th .
Baron Financial Group is committed to keeping your personal information safe and educating you on how to remain vigilant. With that in mind, we are sharing this bulletin from Schwab regarding a recent scam involving pop-ups on computers or mobile devices. We have not received notification of any fraudulent activity with Baron Client Accounts. The following is an educational communication from Schwab to make you aware of what scams to look out for.
We are proud to recognize Victor Cannillo as he begins his 25th year as a Fiduciary Advisor and member in the National Association of Personal Financial Advisors (NAPFA). Victor is a NAPFA-Registered Financial Advisor and the founder of Baron Financial Group. His NAPFA membership began on January 25, 1999. Victor’s guiding principle is that our core purpose is to help improve people’s financial lives through objective, transparent and fiduciary advice.
Car accidents are inevitable, no matter how carefully you drive. Most of us have been taught to drive defensively – make sure to look out for the other driver to anticipate a dangerous situation and hopefully prevent a potential accident. That can be true of auto insurance policies, as well. We all have car insurance if we own a car, but some drivers may be underinsured, or even uninsured. What if you get into an accident with an uninsured driver or a driver who has only $25,000 in insurance, what happens to the driver who is properly insured and/or has umbrella insurance?
The "Baron Financial Group Market Update" is a video series where we present what has happened in the markets, what our team is doing now, and what we are looking at down the road. It is a video with audio, so if you prefer to just listen, click play and enjoy! Presented by Anthony Benante, CFA. Watch our April 2023 Market Update video here:
Continuing our tradition of support for Spectrum for Living, Baron Financial Group proudly sponsored their Annual Walkathon – 5K, Walk & Doggie Dash. The event was held Saturday, April 22, 2023 at Overpeck Park in Ridgefield, NJ. Baron team members Victor Cannillo, Victoria Cannillo and Gregory Cannillo were in attendance.
Whether you are tired of piles of papers cluttering up your home or are trying to go “paperless,” it is important to know what documents you should keep and which you could shred. Below we list some of the important documents the Federal Trade Commission (FTC) suggests that you should always keep:
The "Baron Financial Group Market Update" is a video series where we present what has happened in the markets, what our team is doing now, and what we are looking at down the road. It is a video with audio, so if you prefer to just listen, click play and enjoy! Presented by Anthony Benante, CFA. Watch our March 2023 Market Update video here: