Personal Finance and Wealth Management

We exist to serve our clients and we are thankful for the opportunity to do so.

Our goal is to preserve and grow our client’s assets to protect their present and enable their future.

We remain focused on adapting to the ever-changing environment we live in while delivering value to those we serve.

What’s Your Risk Score?         Financial Pulse Check

Welcome to BS&P Wealth Management

Retirement Planning * Cash Flow and Debt Planning * Investment Planning

College Planning * Insurance * Tax Planning * Estate Planning * Employer Benefits

Managing your finances can be stressful. Your current state of being is temporary and change is inevitable. Transitioning from one phase to another is not always dictated on your terms. New tax laws and the uncertainty in the capital markets can impact the financial decisions you make. Partnering with your CPA and a CFP® professional will help you navigate whatever changes come your way while helping you maximize your financial resources now and in the future.

At BS&P Wealth Management our team of tax and financial professionals help clients manage life’s transitions so that in the face of change and uncertainty, we keep you on track. We provide thoughtful and proactive solutions and strategies that solve your unique challenges and issues that are causing you the most pain now and those that may keep you up at night in the future.

We invite you to leverage our expertise and learn more about how BS&P Wealth Management can help change the way you think about your financial future. No matter what state of being you are in, we can help you transition forward.

Individuals

You’re on your own and blazing an independent trail towards the future.

 

I’m getting started:

  • Savings strategies for the present and the very distant future
  • Debt and credit management decisions that impact cost of financing future goals
  • Insurance and risks that need to be addressed

I’m moving forward:

  • Maximizing employee benefits
  • Smart/flexible investing for the future
  • Planning for life’s ‘what-ifs’

I’m ending this chapter:

  • New career/relocation decisions
  • Housing considerations
  • Income planning for retirement

Families

Your responsibilities have expanded and others rely on you. More is at stake.

 

I’m getting started:

  • Financial considerations with another person
  • Housing assessment and options
  • Work life balance and impact on finances

I’m moving forward:

  • Child care and education planning
  • Coordination and evaluation of health care and related insurance needs
  • Cash flow planning and options for a one or two income household

I’m ending this chapter:

  • Empty nester with increased disposable income
  • Impact of divorce or separation
  • Retirement planning and risk assessment
  • Long term health care needs of aging parents
  • Decisions surrounding the receipt of a large inheritance

Business Owners

The entrepreneurial spirit is in you and you are taking the plunge.

 

I’m getting started:

  • Personal and business capital assessment
  • Entity structure
  • Short and intermediate planning considerations

I’m moving forward:

  • Employee benefit considerations
  • Protecting personal and business objectives while company grows
  • Risk mitigation in event of death or disability

I’m ending this chapter:

  • Succession strategies identified in advance
  • Assessing your readiness in life-after owning a business
  • Retirement forecasting and asset valuation analysis

WE ARE INDEPENDENT AND OFFER A FLEXIBLE APPROACH TO HOW WE CHARGE FOR OUR SERVICES.

Project Based Fee for Time

You have a relationship with another advisor and want a review of the strengths and weaknesses of your current program, alternative ways to pursue goals, and recommended improvements without having to transfer investments.

 

Traditional Asset Management and Financial Planning Fee

You have or are considering the benefits of a disciplined and continuous money management process and ongoing financial planning services charged as a percent of assets under management.

We invite you to leverage our expertise and learn more about how BS&P Wealth Management can help change the way you think about your financial future. No matter what state of being you are in, we can help you transition forward.

Our Team

ROBERT W. ROMEO, CFP®

Education and Training

  • Bachelor’s degree from SUNY Buffalo
  • Master’s degree College of Financial Planning

Industry and Service Specialties

  • Financial planning and investment management for high-net-worth individuals and business owners
  • 401(k)/pension plan administration
  • Trust and investment management services

Credentials and Designations

  • CFP®

Community Involvement

  • Board Member and Treasurer of FeedMore WNY 
  • Financial Services Advisory Board-Community Foundation of Greater Buffalo

 

RAYMOND CRANE

Education and Training

  • B.A. in Accounting from Niagara University

Industry and Service Specialties

Credentials and Designations

  • Certified Public Accountant (CPA)
  • Series 6, 7, 63 & 65

Community Involvement

  • Serves on the Kenmore Mercy Hospital Foundation board of directors

 

JEFFERY R. KRUSZKA

Education and Training

  • B.S. in Accounting from SUNY Buffalo

Industry and Service Specialties

  • Audit and accounting services for Nonprofit organizations (including cemeteries), Distributors, Third-party logistics, Information technology services, Common interest realty associations, and Employee benefit plans
  • Tax compliance and consulting services for high-net-worth individuals, privately-owned businesses, and nonprofit organizations

Credentials and Designations

  • Certified Public Accountant (CPA)
  • Passed Series 7 and 66 Securities Exams – Financial Advisor

Community Involvement

  • Past Treasurer and Board member of Heart of the City Neighborhood, Inc.

Check the background of investment professionals on FINRA’s BrokerCheck.

Resources

Economic Insight

November 18th, 2024

Weekly Market Insights | November 18th, 2024Rally Loses Steam; Fed Weighs Move Stocks fell last week as the postelection rally lost momentum amid an inflation uptick and cautious comments from Fed officials. The Standard & Poor’s 500 Index fell 2.08 percent, while...

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November 11th, 2024

Weekly Market Insights | November 11th, 2024Stocks Surge Post-Election; Fed Cuts Quarter Point Stocks surged higher last week, fueled by the Fed’s rate cut decision and post-election enthusiasm as investors looked to future policy impacts of a Republican-controlled...

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November 4th, 2024

Weekly Market Insights | November 4th, 2024Stocks Retreat on Jobs and Election Concerns Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors. The Standard & Poor’s 500 Index fell 1.36 percent,...

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October 28th, 2024

Weekly Market Insights | October 28th, 2024Stocks Mixed Ahead of Election Stocks were mixed last week as fresh economic data points and election-related uncertainty slowed market momentum. The Standard & Poor’s 500 Index fell 0.96 percent, while the Nasdaq...

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October 21st, 2024

Weekly Market Insights | October 21st, 2024Sixth Week of Gains on Wall Street Stocks posted modest gains last week, with quarterly earnings season in full swing and the election on the horizon. The Standard & Poor’s 500 Index increased 0.85 percent, while the...

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October 14th, 2024

Weekly Market Insights | October 7th, 2924Mixed Data Leaves Investors Anxious Stocks advanced last week despite mixed inflation data, lurching oil prices, and lingering anxiety about the Middle East. The Standard & Poor’s 500 Index gained 1.11 percent, while the...

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October 7th, 2024

Stocks were essentially unchanged last week as geopolitical tensions added some volatility to an otherwise quiet trading week.

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Economic Updates

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Contact Us

BS&P Wealth Management, LLC

726 Exchange Street, Suite 822
Buffalo, New York 14210
716-854-5034
rwr@bspcpa.com

Copyright © 2024
BS&P Wealth Management, LLC