BFM News and Market Updates
Massachusetts Question 1 Passed
by Kathleen M. Sablone, JD, AEP®, Co-Chief Planning OfficerMassachusetts Question 1, sometimes referred to as the “Millionaires’ Tax” or the “Fair Share Amendment,” has been approved by voters. As a result, a 4% surtax will be imposed on any income over $1 million...
BFM Welcomes New Team Members!
Boston Financial Management is excited to welcome two new Managing Directors to the team, Yvan P. Bodart, CFA, and Donna M. Scotti. As a Wealth Manager and Managing Director, Yvan works with individuals, families, and institutions to collaboratively develop and...
Important Tax Numbers for 2023
by Alisa Kim O'Neil, JD, CTFA, AEP®, CDFA®, Co-Chief Planning OfficerThe IRS has released its annual inflation-adjusted figures for 2023. We have summarized several key points to help you start planning for the new year.If you have any questions, please contact our...
Q3 2022 Market Commentary
by Brad M. Weafer, CFA | Chief Investment OfficerOut of night comes day, and out of day comes lightClick Video Below for Quarterly Update
Pressure and Time: Thoughts on Recent Market Volatility
by Brad M. Weafer, CFA | Chief Investment OfficerKey Points Persistent inflation has pressured policymakers into the largest and fastest set of interest rate increases in over 40 years. That shift in policy weighs on the valuations of all financial assets and is...
Financial Life 101 │ Understanding the Basics of Company Stock Options
by Katie E. Exchange, CFP® | Associate Wealth ManagerBoston Financial Management’s Financial Life 101 Series is designed for the next generation of investors. Our goal is to empower and educate, so everyone, from novices to experts, can find the peace of mind that...
Summer Homework: Estate Planning for Adult Children
By Alisa Kim O’Neil, JD, CTFA, AEP®, CDFA® and Kathy Sablone, JD, AEP®, Co-Chief Planning OfficersEveryone hates homework, especially in the summertime, but when it comes to estate planning for your children, you may have some work to do before the school year starts....
IRS Extends Deadline for Surviving Spouse to File Estate Tax Return (DSUE) Election
by Alisa Kim O'Neil, JD, CTFA, AEP®, CDFA®, Co-Chief Planning Officer The 2018 Tax Act raised the estate and gift tax exemption to $11,180,000 for 2018 (thereby doubling the existing estate and gift tax exemption) and it has been increased each year since then. The...
BFM Welcomes New Team Members!
Boston Financial Management is proud to welcome two new Managing Directors to the team, Susan Black, CFP®, AEP®, CAP® and Jonathan L. Cottrell, MBA as well as Alex T. Chen, CFA who joins us as an ESG Analyst. As a Wealth Manager and Managing Director, Susan provides...
The Weight of Inflation
by Brad M. Weafer, CFA | Chief Investment OfficerEXECUTIVE SUMMARY 40-year highs in inflation have roiled financial markets this year In an effort to protect portfolios, we are taking proactive measures such as diversifying in additional asset classes, managing...