Category Archives: Financially Empowering Women

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?

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.

September 2015: Financially Empowering Millennial Women

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Consistent with my desire to financially empower women, I have been working with other researchers to understand why women are not financially empowered. Continue reading September 2015: Financially Empowering Millennial Women

August 2015: Going Back to Work and Getting the Job You Want

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Last year President Obama remarked on equal pay for equal work, which got people talking.  He said that “Today, the average full-time working woman earns just 77 cents for every dollar a man earns He went on to say that “in 2014, that’s an embarrassment.”  Continue reading August 2015: Going Back to Work and Getting the Job You Want

July 2015: Financial Empowerment Allows Women to Deal with Financial Shocks That Happen to Many of Us

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Over the past eight years of financial turmoil, more Americans from all different backgrounds have suffered from shocks to their wages and benefits.    Some people are still out of work.  Continue reading July 2015: Financial Empowerment Allows Women to Deal with Financial Shocks That Happen to Many of Us

June 2015: Know the Difference Between Debt Counseling and Debt Settlement

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As a nation, Americans owe billions on outstanding credit cards and the average U.S. household with at least one credit card owes over $15,000 in credit-card debt.  Many Americans are in trouble as they endure harassment from debt collectors, yet only a fraction of people seek aid from a credit counselor. Continue reading June 2015: Know the Difference Between Debt Counseling and Debt Settlement

How Buy Now, Pay Later Is Destroying American Consumers

abcnews-byline    June 18, 2015
by Baron Financial Group

High personal debt levels are common in America — ironically, a wealthy nation. Americans are nearly $12 trillion in debt, and this figure is increasing.

Most people don’t realize what going into debt actually means: moving money from their future to their present at a high cost in the form of interest. Continue reading How Buy Now, Pay Later Is Destroying American Consumers

May 2015: Using Power to Create Financial Success

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There are many academic and non-academic studies that talk about the power that women have over money.  A recent 2013 study that showed that 40% of households with children under the age of 18 were headed by breadwinning women.  That’s four times higher than the number of breadwinning women who headed their households in 1960.  Continue reading May 2015: Using Power to Create Financial Success

April 2015: Financial Empowerment and Your Car

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Today’s show features Marty Guerrero, author of “Exposed: Auto Repair’s Dirty Little Secrets to Rip You Off!”, where she explains how we can take back our power when dealing with auto mechanics who often charge fees for services which are either unnecessary or, in some cases, aren’t even done. She exposes mechanics’ tricks and offers additional advice on things that you should know about your car to stay safe on the road. Continue reading April 2015: Financial Empowerment and Your Car

March 2015: The Story Behind Financially Empowering Women™ and Top Tips for Women

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Women constitute 51 percent of the population and are earning, inheriting and controlling more money than ever. Yet a recent survey across the United States, United Kingdom and Asia surveyed women with a personal income of at least $100,000, or investable assets of $500,000 or more, and the research indicated that more than half of women surveyed do not have financial advisors. Continue reading March 2015: The Story Behind Financially Empowering Women™ and Top Tips for Women