Rebalancing is one of the most important tasks we perform as we manage our clients’ investments. It is important that our clients understand the term “opportunistic rebalancing” and how it relates to your portfolio. Victor Cannillo, Wealth Management Principal at Baron Financial Group, answers these questions about rebalancing: What is it? Why do we recommend it? And how frequently will we employ it?
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 20, 2024 at Overpeck Park in Ridgefield, NJ. Baron team members Victor, Victoria and Gregory Cannillo were in attendance. The Cannillo family is actively involved with all Spectrum for Living fundraising events.
James Jacob Suazo, Baron Financial Group Advisor, recently joined the board of directors for The Scholarship Fund for Inner-City Children (SFIC). As an SFIC scholarship recipient, James is enthusiastic about the impact it had in his life and its importance going forward.
Gregory Cannillo, MBA, FPQP®, is quoted on this topic, answering a reader’s question on NJMoneyHelp.com by Karin Price Mueller, “Should I lower 401(k) contributions to do a Roth IRA?”, originally published in February 2024. Your ability to contribute to a Roth IRA is dependent upon multiple concerns:
Baron Financial Team Answers Questions About “Your Personal Economy”. Do you understand the difference between speculating and investing and how it could affect your portfolio? We offer disciplined perspectives on Your Personal Economy - the aspects of your financial life that are unique to you. WATCH OR LISTEN TO OUR SHORT VIDEO HERE TO LEARN MORE:
To draw attention to Autism Awareness Month, we wanted to remind everyone how we can help families with special needs. At Baron Financial Group, we understand that for parents of special needs children, the main concern is: "What happens to my child when I am no longer there to support them?".
James Suazo, ChFC®, is quoted on this topic, answering a reader’s question on NJMoneyHelp.com by Karin Price Mueller, “I invested in a friend’s company. Should I sell out?”, originally published on November 1, 2023. Working with a financial advisor can help you determine a course of action that takes into account your willingness and ability to take risks while keeping emotions out of investing. It may not be wrong for you to sell, however…
Anthony Benante, CFA, is quoted on this topic, answering a reader’s question on NJMoneyHelp.com by Karin Price Mueller, “What are good investments for after you retire?”, originally published on December 5, 2023. Investment decisions in retirement depend on your specific situation. Different investments can have different objectives.
Victor Cannillo, NAPFA-Registered Financial Advisor, is quoted on this topic, answering a reader’s question on NJMoneyHelp.com by Karin Price Mueller, “I’m 69. How long can I contribute to a Roth?”, originally published on June 27, 2023. For 2023, the total contribution limit is $6,500 per year; $7,500 if you’re over 50. You can contribute to your Roth IRA in perpetuity as long as you’re still…
Some traditions live on. Growing up in a first-generation Italian household, Victor Cannillo, of Baron Financial Group, learned how to make fresh mozzarella - a tradition going back 100 years, beginning with his grandfather. In this short video, Victor keeps the tradition alive, demonstrating how to make mozzarella with his family. Although Victor has some serious mozz-making skills, he is also a Financial Advisor, helping clients with investing and financial planning for over 25 years. As an advisor, Victor likes to say, “we eat our own cooking”, meaning Baron Financial Group invests their own money in the same way they do their clients – in a globally-diversified, and risk-appropriate strategy.
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.
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?