Category Archives: Baron Team

Spotlight on Baron Team Member James Jacob Suazo

James Suazo

James is a valued team member at Baron Financial Group. As an Associate Financial Planner, James performs research and assists the advisors with the creation and updating of financial plans for clients. In addition, James is our technology expert, researching and implementing technological advances within the field of financial planning to help enhance the service we provide to you. 

Founding partner, Victor Cannillo, enjoys mentoring James and the other members of the firm.  “James is knowledgeable and enthusiastic, and is a great support to the team, whether he is assisting the investment committee with fund research or aiding the firm with the important software we use.”

James is a member of both NAPFA (National Association of Personal Financial Advisors) and FPA (Financial Planning Association). NAPFA is the country’s leading professional association of Fee-Only financial advisors, committed to working in the best interests of those they serve.  Like NAPFA, the FPA aids in the professional development of its members and adheres to “a code of ethics that reflects their commitment to help clients achieve their life goals”.

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What is a Fiduciary?

Fiduciary (fi·du·cia·ry) stems from the Latin word fidere, which means “to trust.”  The definition of fiduciary, according to Merriam-Webster, is: relating to, or involving a confidence or trust. One can act in a fiduciary manner (adjective) or act as a fiduciary (noun). A fiduciary is trusted and relied on to act in the best interest of the client at all times. 

“A financial advisor who follows a fiduciary standard must disclose any conflict, or potential conflict, to their clients prior to and throughout the advisory agreement. Registered Investment Advisors (RIAs) are held to a fiduciary standard of care.  By law, they must act solely in the best interest of their clients.”
  -From the National Association of Personal Financial Advisors (NAPFA)

Read more from NAPFA here.

A recent article in The New York Times by reporter Tara Siegel Bernard posed the question “What kind of adviser should I work with”… “You’ll want to hire the type of financial adviser who promises to act as a fiduciary all of the time, with all of your money, which is a fancy way of saying that person must be loyal to you first. In fact, you should ask your financial planner to sign a fiduciary pledge, a promise not to profit at your expense.”

Read the full NY Times article here.

Baron Financial Group is a Registered Investment Adviser (RIA).  We are long-time members of NAPFA, and we sign a fiduciary oath for every client we serve. Advisors in our firm hold the CFP® and CFA® designations, as well as the NAPFA-Registered Financial Advisor designation. We work hard to educate our clients and the public about transparent- and objective-financial advice, where the client’s interests come first.

To learn more about Baron Financial Group and what it means to be a fiduciary, contact us at info@baron-financial.com.

Baron Financial Group once again receives the Women’s Choice Award®, as seen in USA Today, July 25, 2017

We are proud to be a Women’s Choice Award®  Financial firm since its inception in 2013. The Women’s Choice Award for Financial Advisors was created by WomenCertified Inc. in an effort to help women identify financial advisors and firms that provide quality service and strong commitment to their female clientele. The award is based on rigorous research, 17 objective criteria and additional points of reference that obtain feedback regarding the advisor’s service and practices. Women’s Choice Award® Financial Advisors and Firms represent less than 1% of financial advisors in the U.S.  As of July 2017, of the 807 considered for the Women’s Choice Award, 139 were named Women’s Choice Award Financial Advisors/Firms.

This recognition demonstrates our commitment to all clients, but allows us to further highlight our commitment to the women’s market and to our profession — symbolizing the integrity, knowledge and service excellence we strive to deliver to every client.

Click here for a list of the Women’s Choice Award® selection criteria.

Baron Financial Group Scholarship in Its 7th Year

Duke Kwon with BFG Advisor Victor Cannillo
Alyssa Kline with BFG Advisor Nick Scheibner

Baron is pleased to award a Baron Financial Group Scholarship for the 7th consecutive year. Two deserving graduates from the Fair Lawn High School Class of 2017 were presented their awards in our principal office on Route 208 South in Fair Lawn.  Duke Kwon will study Economics and Computer Science at Rensselaer Polytechnic Institute in Troy, New York.  Duke’s future plans include developing business apps for iPhones and Androids.  Alyssa Kline will be attending Messiah College in Mechanicsburg, Pennsylvania, as an Accounting major.  Alyssa’s goal is to become a CPA.

Continuing in our commitment to education, Baron Financial Group is proud to help these deserving students further their education.

July 4th Message from Baron

AS WE CELEBRATE
OUR NATION’S INDEPENDENCE,

WE HONOR THE COURAGEOUS MEN AND WOMEN
DEDICATED TO PRESERVING OUR FREEDOM

We wish all of our clients and friends a
Happy Independence Day!

In the spirit of the holiday,
a donation has been made to

Adopt-a-Platoon  
adoptaplatoon.org

 

Introducing the Baron Financial Group Team – Video

Video Transcription

Victor Cannillo: When you have good people, with the same common cause and the same purpose, which in our case is to deliver and do the right thing by clients- that is how we came together.

Nicholas Scheibner: What you can expect from the Baron Financial Group is really personalized service; when someone calls in, we know their name, we know their situation and it’s a team here.

VC: People are tired of dealing with these big brokerage firms, so they are looking for a relationship where the people work for me, and it is independent. When prospective clients come in, we say, “follow the money,” that is where the advice is going to be crafted. Ours is whatever the best solution is for the client.

Anthony Benante: We focus on constructing a plan for each client and it is a customized strategy for those clients; we educate the client as to what is going to happen with that strategy, and it is a strategy based on diversification.

Continue reading Introducing the Baron Financial Group Team – Video

Baron Financial Group Attends CFA Institute Conference

Anthony Benante, CFA and Nicholas Scheibner, CFP® of Baron Financial Group recently attended the 70th CFA Institute Annual (four-day) Conference in Philadelphia, to keep updated on financial industry topics and trends. The CFA (Chartered Financial Analyst) Institute’s mission is to lead the investment profession globally by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society.

According to the CFA Institute, it’s imperative that investment professionals remain current in this changing and complex climate to best serve their clients’ interests.

Read more about the CFA Institute at cfainstitue.org.

To learn more about Baron Financial’s investment management service, visit our services pages on our website.

Baron Financial Group says “Thank You” to Our Clients & Friends

To thank our many clients and friends for their continued support, we hosted two client appreciation events this year: one in Sarasota, Florida and one in Hawthorne, New Jersey.

We were pleased to host, for the second year, a client appreciation event at Ed Smith Stadium in Sarasota, Florida, the spring-training home of the Baltimore Orioles.  At the Feb. 27, 2017 game, the Yankees won 4-1, a happy outcome for the many Yankee fans in attendance.  A special appearance by the Baltimore Orioles’ mascot, the Oriole Bird, added to the enjoyment of the day.

It is our custom to make a donation to a local charity whenever we host a client appreciation event.  Continuing with our tradition, a donation was made in honor of our clients and friends to the “All Faiths Food Bank” in Sarasota.

Tony Benante, Victor Cannillo and Nick Scheibner of Baron Financial Group with the Oriole Bird

Baron hosted their third annual Casino Night event on May 4, 2017, at Macaluso’s in Hawthorne, New Jersey. Attendees were given “play” money to participate in the casino games, ensuring no one could lose real money. Chips were cashed in for raffle tickets for the chance to win some great prizes, including gift baskets, and gift cards to various local restaurants and businesses. The ultimate and most coveted prize was two tickets to see Wicked on Broadway.

Although guests had an opportunity to win raffled prizes, the big winner was the “Fair Lawn Food Pantry”, who received a monetary donation from Baron to honor our clients and friends.

Baron Financial Group recognizes that there are members of the community who are not as fortunate as others, who need help to meet the most basic of needs. Baron’s purpose is to help our clients reach their financial goals and to secure a better future for them and their families. In keeping with our philosophy, the firm is committed to making the community a better place. It is our hope that together, we can look forward to a future of promise for all.

Class of 2017: It Isn’t Too Early to Start Thinking about Your Retirement

A 60-second read by the Baron Team:  Congratulations 2017 college graduates! Throw that mortarboard as high in the air as you can and before it circles back down to earth, start thinking about saving for your retirement. You are most likely going to be responsible for setting yourself up for a successful retirement, so your best bet is to invest early and often.

Invest in yourself first. Most people think investing is the key to wealth, but while certainly important, you have to have some money first to invest. So as soon as you begin your first job out of school, start saving as much as you can for retirement.

Continue reading Class of 2017: It Isn’t Too Early to Start Thinking about Your Retirement