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Latest From Our Blog

Disciplined Perspectives and Your Personal Economy: The Eventual Recession

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.

Investing Insights

Debt Ceiling Update

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?

Investing Insights

We Honor Our Veterans

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 .

Philanthropy

Be Alert to Potential Scams

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.

Investing Insights

Victor Cannillo begins his 25th year as a Fiduciary Financial Advisor

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.

Recognition Baron Team

What if you are involved in a car accident and the other driver has little to no coverage?

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?

Financial Planning Insurance