Why Do I Need a Financial Advisor?

Here at Buffalo First Wealth Management, the question we get asked most often from prospective clients is “Why do I need a financial advisor?” or “What do you actually do?”

End of the Year Tax Planning Strategies

We are still a few months ahead of tax season, but it is always a good time to plan ahead to protect yourself and make your life easier for managing your taxes.  One way to do that is to set up an online IRS account.

Why Do I Need any Online IRS Account?

A W-7 tax form for IRS taxpayer ID applications on a table with a gold pen and a folder.

We are still a few months ahead of tax season, but it is always a good time to plan ahead to protect yourself and make your life easier for managing your taxes.  One way to do that is to set up an online IRS account.

What Is the FIRE Movement, and Could It Be Right for You?

A person using a calculator while reviewing financial documents and charts on a table. FIRE Financial Movement

Roth IRAs can be a powerful financial tool, since the funds in a Roth IRA grow tax free and they are not subject to Required Minimum Distributions (RMDs) like traditional IRAs. But doing a conversion may not be right for everyone.

Should I Consider a Roth Conversion?

Roth ira conversion Should I Consider

Roth IRAs can be a powerful financial tool, since the funds in a Roth IRA grow tax free and they are not subject to Required Minimum Distributions (RMDs) like traditional IRAs. But doing a conversion may not be right for everyone.

Understanding Annuities: An Guide on How An Annuity Works

A conceptual diagram on a spiral notebook depicting the word "ANNUITY" in the center with arrows pointing to related terms like "INVESTMENT," "ACCUMULATION," "RETIREMENT," "QUALIFIED," "ROLLOVER," "FIXED," and "ASSET," with markers nearby, symbolizing the different components and benefits of an annuity in financial planning.

An annuity is a contract with a company that provides a specified sum of money for a specified period of time, based on a number of variables. One thing everyone can agree on regarding annuities is that there are many, many different types of annuities. In addition

The Joys and Financial Challenges of Parenthood

financial planning with children

Parenthood can be both wonderfully rewarding and frighteningly challenging. Children give gifts only a parent can understand — from sticky-finger hugs to heartfelt pleas to tag along on Saturday morning errands. You raise them with a clear goal that you secretly dread will actually take place — that someday they will be grown, independent, and […]