We are proud to announce that James Jacob Suazo, ChFC®, of Baron Financial Group, has recently earned the Chartered Financial Consultant® designation. James is fluent in Spanish and helps clients with their investment and financial planning needs. Additionally, he researches and implements technological improvements within the field of financial planning and cybersecurity so Baron can continuously deliver quality services to their clients.
The Social Security Administration (SSA) announced on October 13, 2021, that it will be increasing Social Security (SS) and Supplemental Security Income (SSI) benefits by 5.9 percent in 2022. This cost-of-living adjustment (COLA) will begin for 64 million SS beneficiaries in January 2022 and for approximately 8 million SSI beneficiaries, on December 30, 2021.
This year we are pleased to award a Baron Financial Group scholarship to two deserving graduates from the Fair Lawn High School Class of 2021 who are continuing their education in a business program – Sydney Gold and Jason Chenu. Continuing our commitment to education and to supporting our future business leaders, Baron Financial Group is proud to help these deserving students further their education.
On this 20th anniversary of the terrorist attack on September 11, 2001, we remember and mourn the victims of 9/11 – those that perished and those that survived the unthinkable. We also honor the brave men and women, the first responders, who put their lives on the line to save others. We remember and mourn FDNY Firefighter Frank Anthony Palombo, beloved father of Maria Suazo and father-in-law of James Suazo, a member of the Baron Financial Group Team. May their memory be for a blessing.
There are always concerning headlines, disappointing economic results and fears about the future. This is exacerbated by the financial media, which is why I always advise investors to turn it off; ignore it. And if you just can’t help yourself to look, at the very least do it with the correct lens. That lens is that the media is all about getting you to click or tune in. Whether times are good or bad, the media often will portray things ...
The Federal Trade Commission (FTC) provides some useful tips to avoid Coronavirus-related scams, including testing and vaccine scams:
Baron Financial Team Answers Questions About “Your Personal Economy"SM. To practice mindfulness when making investment decisions, we should: 1. Gather all the facts – not just those at our fingertips 2. Consider all the possible outcomes – not just ones we hope for 3. Consult with your advisor At Baron Financial Group, we always advise our clients to control the controllable and most importantly, keep emotions out of investing. Here is how we help our clients:
Protecting our personal identity in today’s digital world is of paramount importance. Creating a safe password is essential to that process of protecting our personal identifiable information (PII). How do we keep hackers from gaining access to our emails, our financial account information and even our medical records?
Victor Cannillo is quoted on this topic in an article in NJMoneyHelp.com by Karin Price Mueller, originally published on March 31, 2021. A reader with 14 years and $270k left on their 20-year mortgage and currently keeping those funds in an online bank earning 0.40%, posed the question, “Is there a better place to keep this money and earn some kind of yield without too much risk?” Baron Financial Group’s Wealth Management Principal, Victor Cannillo, offered this advice:
You may presume that the political landscape will affect your portfolio. But in actuality, data demonstrates there is no correlation between political party in power and stock market performance. View our video to learn what history has taught us over the past 85 plus years:
Baron Financial Team Answers Questions About “Your Personal EconomySM” Here are 5 simple tips that can help create an effective spending plan: WATCH OUR VIDEO HERE TO LEARN MORE:
The Five Star Wealth Manager award, administered by Five Star Professional, recognizes professionals in the financial services industry who are committed to excellence. Baron Financial Group is proud to announce that Advisors Anthony Benante and Victor Cannillo are recognized as 2021 Five Star Wealth Managers in New Jersey. Anthony and Victor are proud to be multi-year award recipients for the past ten years in New Jersey (2012-2021).