Level Reaches Assets Milestone

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PRESS RELEASE Amherst, NY: Level Financial Advisors, a fee-only financial planning and investment management firm, announced today that its assets under management have reached $300 million. The firm, with six CERTIFIED FINANCIAL PLANNER™ practitioners, was already ranked at 401 out of 584 large independent investment managers by Financial Advisor Magazine based on the $261 of assets it had under management at the end of 2015. “We are pleased with our strong growth so far in 2016,” said Rosanne Braxton, CFP®, president of the firm. “More individuals and families are seeking our advice and guidance.” Along with growth from new clients and new deposits from existing clients, Level adopted new technology that allowed it to directly manage its clients’ assets held at TIAA, the investment company dedicated to retirement accounts for higher education and medical professionals. “The new technology provides us the ability to include TIAA accounts in our portfolio management service, which often results in increased...

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Our 4th Quarter Newsletter Is Here

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We've published our 4th quarter 2016 Newsletter, which includes a new blog post by Richard Schroeder, CFP® and his thoughts on strategies for managing college expense payments.    Click here for the full newsletter that went out to our digital subscribers.   To subscribe to our digital content, enter email address here: [yikes-mailchimp form="1" submit="SUBSCRIBE"]...

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Elise Murphy, CFP® Joins FPA Delegation

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Representatives from five out of eight chapters of the Financial Planning Association in New York visited with state officials on Monday to discuss issues impacting financial services firms and their clients.  The delegation included Level's Elise Murphy, CFP®, who holds a seat on the board of the FPA of Western New York.  The group met with various officials in New York City, including officials from the NY State Attorney General's Office and the Department of Financial Services....

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Does the post-election stock market decline mean anything?

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The decline in global markets since Tuesday’s presidential election probably has no bearing on the market’s long term prospects, said Richard Schroeder, CFP®, Chief Investment Officer of Level Financial Advisors. “Presidential elections, at worst, often have a short-term effect on stock prices,” Schroeder said. “Gains or losses due to the election usually persist for a few weeks to a few months. What really influences the stock market long-term is the strength of the world economy and the technological and operating innovations made by companies who are constantly striving to increase their profits.” Presidents themselves have very limited power to affect the economy, Schroeder also noted. U.S. presidents have to work with Congress and other interest groups to make changes to laws and regulations that affect businesses and the economy. Even then, businesses will continue to change and innovate in order to improve their sales and profits. “In the end, no current event – whether...

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