Market Commentary Q3 2023
October 12, 2023
Long-Term Care in Your Financial Plan
October 2, 2023
A major risk to all financial plans is a long-term care health event. The astronomical costs of nursing home, assisted living, and in-home care can very quickly eat into retirement savings. That’s why we review the risks of long-term care and mitigation options with clients. PFA invited an expert, Ray Veroneau, Jr., CLTC, to a […]
Why Work With A Mortgage Advisor?
September 29, 2023
Executive Summary In this PFA Advisor Huddle, Sherri Dyer, mortgage advisor and owner of MDI Mortgage Group, talked about mortgage products, how she works with clients, and current industry trends. DISCLAIMER: The foregoing content reflects the opinions of Penobscot Financial Advisors and is subject to change at any time without notice. Content provided herein is […]
FAQs | TD Ameritrade to Schwab
August 24, 2023
Why is this happening!? In November 2019, Charles Schwab acquired TD Ameritrade, an acquisition that brought together two industry-leading custodians. Since 2019, the two custodians have worked to tactfully integrate their two companies and platforms, so you will benefit from technological advancements and exceptional customer service from a dedicated service team. Team PFA has conducted […]
Attention student loan borrowers: Payment forgiveness is ending!
July 13, 2023
Student loan borrowers are going to have to start making payments on their debts again. Payments will be required starting in October, with interest accrual beginning in September. This is after 9 consecutive extensions since the pause was put in place under the Trump administration in March 2020. To add to the pain, the US […]
Happy Birthday, PFA!
June 14, 2023
It’s our Birthday! June marks the end of the school year, the beginning of summer, and the anniversary of PFA becoming an advisory firm. June of 2011 marked the birth of the company known as “Penobscot Wealth Management d/b/a Penobscot Financial Advisors”. I know… that’s a long name. “PFA” certainly rolls off the tongue easier. […]
Press Release: Penobscot Financial Advisors welcomes Associate Financial Advisor Rebecca Schuman
June 5, 2023
Portland, Maine, June 5, 2023– Penobscot Financial Advisors expands their advisory team with the addition of Topsham native Rebecca Schuman to its Portland office. Rebecca’s undergraduate studies in Finance and International Business at the University of Maine, Orono led her to a position as an account manager for a local hedge fund administrator. Her interest […]
Market Commentary | Q2 2023 Halftime Report
May 26, 2023
Transcription Sam Chaplin: Hello. Hello everybody. Welcome to PFA’s Q2 halftime report, hotly anticipated. Hope everybody’s having a great summer so far as we’re headed into Memorial Day weekend. It’s nice weather come coming in, so hope everybody has some fun plans. My name is Sam Chaplin. I am joined by our chief investment officer, […]
