How Targeting Size, Value, and Profitability Can Improve Retirement Outcomes

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Mathieu Pellerin, PhD Senior Researcher and Vice President Dimensional Fund Advisors: Many retirement investors hold equity portfolios that track broad market indices, either directly or through other investments such as target date funds. Despite their widespread popularity, market portfolios may leave money on the table. Core equity portfolios—low-cost, broadly diversified equity portfolios with a moderate emphasis on the size, value, and profitability premiums—can provide higher expected returns while controlling the risk of underperformance relative to the market. In new Dimensional research, we examine the benefits of core equity investing for retirement outcomes. The potential benefits can start building up in the accumulation phase. Consider two investors who contribute to a retirement account from age 25 to 65 and follow a conventional target date glide path, in which assets are heavily invested in equities at younger ages and converge to a 50/50 mix of stocks and bonds by age 65. The equity portion is invested either in a core portfolio or the broad market without...

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Level Moves to East Amherst May 22nd

Picture of new offices in East Amherst for Level Financial Advisors

PRESS RELEASE Level Financial Advisors, Inc. announced today the opening of their new, state-of-the-art headquarters in East Amherst, scheduled for May 22nd.  The new 4,000 square foot facility is located at 9310 Transit Road, Suite 300 inside a new retail plaza constructed by Bevilacqua Development.  Situated at the corner of Casey and Transit, the new office boasts upgraded conference space, technology, security features and employee spaces. Level Financial Advisors opened in 1979 in Amherst after incorporating as Paramount Planning under the late Alan Vogt.  The firm changed its name to Schroeder, Braxton, and Vogt in 1999, and later rebranded as Level Financial in 2016.  For the past 23 years, the company has expanded its foot print at the corner of Sweet Home and Rensch Roads, across from the University at Buffalo. The move to East Amherst comes after years of growth, including the opening of a satellite office in Hamburg, NY on Southwestern...

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NEW OFFICE UPDATE: We Are Moving May 22nd

As previously announced, we are moving our headquarters from Sweet Home Road in Amherst, to Transit Road in East Amherst on May 22, 2023!  We are excited for this next chapter in our 43-year history.  Our new offices will include upgraded conference rooms, security features, and technology.  We are excited to share this new space with everyone in the coming months and years.   Here is a link to our new location at the corner of Transit & Casey.   We will continue to operate our southtowns office in Hamburg and clients should see no disruption in service during our move. Our official new address is:  9310 Transit Road, Suite 300, East Amherst, NY  14051.   We can still be reached at 716-634-6113 or at  ...

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NY Winter Storm Victims Receive Tax Deadline Extenstion

IRS logo for story on tax deadline.

IRS RELEASE IR-2023-58, March 24, 2023 WASHINGTON — New York winter storm and snowstorm victims now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA) as a result of storms that occurred between Dec. 23 and Dec. 28, 2022. This means that individuals and households that reside or have a business in Erie, Genesee, Niagara, St. Lawrence and Suffolk counties qualify for tax relief. Other areas added later to the disaster area will also qualify for the same relief. The current list of eligible localities is always available on the Tax Relief in Disaster Situations page. The tax relief postpones various tax filing and payment deadlines that occurred starting on Dec. 23, 2022. As a result, affected individuals and businesses will have until May 15, 2023, to...

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Level Named One of Best Places To Work For Fifth Year In A Row

Level employees at Best Places To Work party

PRESS RELEASE Level Financial Advisors has once again been voted one of the Best Places To Work in WNY by Buffalo Business First.  The annual competition, based in part on employee surveys, measures several different factors, including engagement, benefits and perks, paid time off, and career advancement opportunities. "We are proud for the continued recognition by our employees as being a great place to work!  Everyone on the team is committed to a culture of transparency, honesty and respect for each other. When you have that, it's hard not to succeed," noted Level's Chief Operating Officer and Partner, Michael Heburn. Level Financial, with offices in Amherst and Hamburg, has seen steady growth over the last five years, surpassing $500M in assets under management.  According to Heburn, the reasons behind it's growth are easy to see.  "It's starts with the team.  Everyone is focused on our mission and each other.  There are no egos...

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