Elise Murphy promoted to Director of Client Services and Partner

PRESS RELEASE Level Financial Advisors, Inc. announced today the appointment of Elise Murphy, CFP® as Director of Clients Services and Partner.  Murphy joins Rosanne Braxton, CFP®, Steven Elwell, CFP® and Michael Heburn as co-owners of the Amherst-based financial planning firm. Murphy, hired by the firm in 2012, will lead the company’s support teams and serve on the corporation’s board of directors. She will continue her advisory responsibilities while taking a direct role in the firm’s day-to-day operations.  She is a CERTIFIED FINANCIAL PLANNERTM professional and a graduate of SUNY Fredonia. Murphy is a board member of the Junior League of Buffalo and a member of the Financial Planning Association of WNY.  She lives in Kenmore with her husband and two children. Level Financial Advisors serves 618 individuals and families throughout WNY and the U.S., managing $520 million in assets. The firm employs six CERTIFIED FINANCIAL PLANNERTM professionals with offices in Amherst and Hamburg, NY....

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VIDEO: SECURE ACT 2.0 – What Retirees Need to Know

SECURE Act 2.0 was signed into law on December 23rd bringing big changes for retirement accounts

President Joe Biden signed the SECURE Act 2.0 of 2022 into law on December 23rd. The law is filled with many changes impacting retirement accounts, individuals and taxes. In this brief video, Elise Murphy, CFP® zooms in on some of the key takeaways for those approaching or in retirement that could affect financial planning and investment decision-making.

When Choosing a Financial Advisor, Make Sure You Know Their Standard of Care

Thinking of hiring a financial advisor to help with your retirement planning? Before you do, make certain you’re choosing the professional who will always put your interests first. The surprising truth is, not all financial advisors are held to the same standard of care. Some are able to blur the lines between advising and selling, while others follow strict ethical guidelines and specific laws to ensure objectivity and transparency. In this blog post, we’ll review standards of care for financial advising and explain how they determine the manner in which advisors make their investment recommendations. We’ll also share tips on how to select a financial advisor who follows the highest standard of care. Let’s start with a summary of the two standards: suitability and fiduciary.   The Suitability Standard A financial advisor who adheres to the suitability standard can more accurately be described as an investment broker. The broker recommends financial products that are suitable...

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