Category Archives: Practice Management

Baron Financial Group Attends Fall Educational Conferences

Baron Financial Group strives to stay up-to-date on the current information and newest advancements available in the financial industry regarding financial planning and investment management, practice management, and security. The Baron Team members attended the following fall educational conferences.

Victor Cannillo, NAPFA-Registered Financial Advisor, and Nicholas Scheibner, CFP®, of Baron Financial Group, recently attended the Disrupt|Advice 2017 two-day conference in New York City, “Navigating the Present & Future of Financial Advice.” The conference focused on the notion that “wealth management is changing rapidly, and those advisers that will succeed in the long run are those who embrace, prepare for and readily adapt to change.” Topics discussed at the conference included “the myriad forces that are disrupting the world of financial advice, from digital platforms and tools, pricing pressures, regulatory pressures, innovations in practice management…”, among other topics.

Victor attended the NAPFA (National Association of Personal Financial Advisors) Fall Conference via livestreaming.  NAPFA is the country’s leading professional association of Fee-Only financial advisors. The educational conference held in Orlando, Florida, livestreamed programs on income tax and retirement planning, diversification in investments, healthcare reform, estate planning, and data security, among others.

James Suazo, an Associate Financial Planner with Baron Financial Group, attended a cybersecurity workshop presented by Charles Schwab. The workshop provided insights as to what steps we should be taking to strengthen our cybersecurity program, based on the National Institute of Standards and Technology (NIST) cybersecurity framework for improving critical infrastructure.  Essential topics included:

  • Establishing governance and roles
  • Cybersecurity assessment and action plan
  • Actions to be implemented
Left to right: James Suazo, Victor Cannillo and Nicholas Scheibner of Baron Financial Group

James also attended the FPANJ (Financial Planning Association of NJ) Fall Conference on November 1, 2017.  The FPANJ discussed various topics including retirement planning, tax planning, investments, and client communication. 

Economic and governmental policies are dynamic; attending industry conferences help us to remain current so that we may continue to provide a valuable service to our clients.

Please contact the Baron Team with any questions.

Baron Financial Group Attends Autism New Jersey’s 35th Annual Conference

We recognize that the financial planning challenges faced by families with special needs members are significant. When it comes to planning for the special needs community, the need for financial professionals who have comprehensive knowledge and experience is essential to meet the specific challenges of these families. We take great pride in helping families address today’s needs and plan for those that are likely to follow.

Nicholas Scheibner, CFP®, of Baron Financial Group, attended Autism New Jersey’s 35th Annual Conference on October 19th and 20th in Atlantic City. Sessions included government benefits, transitioning period for children out of school, and Special Needs trusts.

Autism New Jersey is the state’s leading autism advocacy organization, supporting families and professionals through their four service pillars:

  • Information
  • Education & Training
  • Public Policy
  • Awareness

“Autism New Jersey advocates, with a strong and unified voice, for appropriate and effective policies and services that will benefit children and adults with autism living in New Jersey. Autism New Jersey is a nonprofit agency committed to ensuring safe and fulfilling lives for individuals with autism, their families, and the professionals who support them.”
                                                        -Autism New Jersey 

 

Please contact the Baron team to learn more about our services for families with special needs.

What Does Working with a Fee-Only Advisor Mean for You?

An Advisor who is compensated by only YOU, the client:

Working with a Fee-Only advisor means that the advisor is only compensated by the fee that they charge, not by any commissions. The fee could be charged hourly, or it could be calculated as a percentage of a client’s assets under management (AUM), or even a retainer model. The National Association of Personal Financial Advisors (NAFPA) is the country’s leading professional association of Fee-Only financial advisors and they define a Fee-Only financial advisor as “one who is compensated solely by the client with neither the advisor nor any related party receiving compensation that is contingent on the purchase or sale of a financial product.” 

Working with a Fee-Only advisor means that the advice you receive is not motivated by the need to sell any products or influence from outside interests. The advice is objective and tailored to meet your specific needs.

An Advisor who works in YOUR Best Interest:

Continue reading What Does Working with a Fee-Only Advisor Mean for You?

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”.

Continue reading Spotlight on Baron Team Member James Jacob Suazo

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.

Good Cheer and the Spirit of the Season!

In the spirit of the season, a donation was made in honor of Baron Financial Group clients and friends to the Fair Lawn Food Pantry, to help those in need in the community.

Our clients completed our recent survey, giving us invaluable information to help us enhance the service that we provide. Baron was pleased to donate to the following charities, chosen by and in honor of the winner of the survey drawing.

  • Oasis: A Haven for Women and Children, Paterson, NJ
    Oasis currently serves those fighting poverty by meeting numerous basic needs. Read more at oasisnj.org.
  • Catherine Violet Hubbard Animal Sanctuary
    Catherine’s life was taken at the age of six at Sandy Hook Elementary but her legacy of kindness will live on. Read more at cvhfoundation.org.

We are committed to making the community a better place. Wishing  everyone a happy, healthy and prosperous New Year!

What Should You Look For in a Financial Advisor?

 

Start by choosing one who listens to you…

Baron Financial Group is a member of NAPFA (National Association of Personal Financial Advisors). We are a Fee-Only firm that is compensated solely by the clients, not by the purchase or sale of a financial product. Our fiduciary responsibility is to put the best interests of our clients first.

Watch the video to see what characteristics NAPFA recommends when looking for a financial advisor.

Baron Financial Group Presents Scholarship To Fair Lawn High Graduate

Baron Financial Group is pleased to present, for the sixth consecutive year, a Baron Financial Group Scholarship to a deserving Fair Lawn High School graduate.  The scholarship recipient, Benjamin Novick, from the class of 2016, will study finance at the Rutgers University School of Business in New Brunswick, New Jersey.  Going into business has been a goal for Ben since childhood and he is excited to begin his journey!

Continuing in our commitment to education, Baron Financial Group is proud to help this deserving student further his education.

Award recipient Benjamin Novick with Nick Scheibner, Baron Financial Group Financial Planner
Award recipient Benjamin Novick with Nick Scheibner, Baron Financial Group Financial Planner

Baron Financial Group Hosts a Casino Night and the Fair Lawn Food Pantry Wins Again

Baron Financial Group hosted their second annual Casino Night event on Wednesday, May 4, 2016 to thank their many clients and friends for their continued support.  Attendees were given “play” money to participate in the casino games, ensuring no one could lose real money. ChDSC_8704ips were cashed in for raffle tickets for the chance to win some great prizes, including restaurant gift certificates, chocolate baskets, Amazon Fire tablets, etc. The ultimate and most coveted prize was two tickets to see Jersey Boys on Broadway. Although guests had an opportunity to win raffled prizes, the big winner was the Fair Lawn Food Pantry.

DSC_8663

As is the firm’s practice for every client event, a monetary contribution is made to the food pantry, to help those in need in the community. 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 corporate purpose is to help their clients reach their financial goals and to secure a better future for them and their families. In keeping with their corporate philosophy, the firm is committed to making the community a better place.