Market Commentary Q2 2023
July 24, 2023
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, […]
Problems with our population growth (and what we’re doing about it!)
May 4, 2023
Population growth in the US has been slowing. Exactly how much isn’t entirely clear, because we aren’t as sure of how many people live in the US as we think. Generally, the census gives us a best-guess snapshot each decade. Between official census counts, we try to measure interim changes from two primary sources: ‘Vital […]
Student Loan Repayment Options
March 16, 2023
Executive Summary We invited Jan Miller, a nationally-renowned student loan expert, to our Advisor Huddle to talk about repayment options, forgiveness programs, and tips for determining what might be best for borrowers. DISCLAIMER: The foregoing content reflects the opinions of Penobscot Financial Advisors and is subject to change at any time without notice. Content provided […]
Financial Foundations: Easy Strategies and Tips for Financial Success
March 3, 2023
Executive Summary No matter how big or small your financial goals, the journey to achieving them starts with simple steps. But those first few steps can impact how quickly and efficiently you achieve your goals. During this presentation, Craig Joncas, CFP® of Penobscot Financial Advisors covers easy strategies and tips on: * Preparing for financial […]
