Small-Medium Business: Tips A Maryland Financial Advisor Would Give

If you play things right, your small or medium business may, over time, expand to become a major industry player that may offer you astounding returns. The road to the top, however, is paved with overwhelming odds, so while you’re busy on the grind, ensure your finances by hiring a reputable financial advisor in Maryland like Financial Brokerage Services, Inc. Protecting your resources is just about the wisest decisions you can make. Here are some tips on how you can handle your business’ finances:
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Keeping the Clock Ticking by Providing Better VA Employee Benefits

keeping-the-clock-ticking-by-providing-better-va-employee-benefitsWhen you’re running a business, whether you’re a small company or a larger corporation, every single department must work together like gears in a clock. While spending money on ensuring that products are of quality and distributed promptly is important, you shouldn’t skimp out on other aspects of the company, especially taking care of your employees. After all, your employees are the ones who help you run the business.

Think of your workers as machinery that need regular maintenance and repairs to ensure that they keep functioning properly. This is why providing employees with several benefits beyond mere salary is important. An article in Entrepreneur.com says that Read more »

Keeping Close Watch Over the Market with DC Wealth Management Firms

keeping-close-watch-over-the-market-with-dc-wealth-management-firmsAs economic trends keep changing, markets stay volatile as well. There are a lot of factors that greatly affect the monetary value of certain products, services, and commodities; if you’re one who regularly invests assets into different industries, then you should know how difficult it is to know what’s going to happen next.

The gift of foresight is something that every player in the market wants to receive. If you’ve been managing your own assets and investing on your own, one way you could ease up the load is by working together with DC wealth management firms like Financial Brokerage Services, Inc. It’s true that a firm can’t give you visions of the future, but they can give you the next best thing: information and experience.

Wealth management firms are keen watchers of the economy and are well equipped with staff that are able to assess and analyze changes in the market which can help you keep your assets safe or find investments that can increase your net worth even more. One trend in the industry that you might want to take note of is the popularity of investing in hard and alternative assets instead of in equity markets despite the increase stocks have been receiving. Read more »

Business Travel Tips: On Getting Group Health Insurance in Virginia

business-travel-tips-on-getting-group-health-insurance-in-virginiaMany companies that need to undergo business meetings or conferences abroad tend to have their focus divided into many important details, such as flight and accommodation itineraries, documents, and other essentials. Immersion in the culture of the host country, too, is another concern. Below are some considerations that every employer needs to make regarding that matter:

Insurance

You might want to invest in group health insurance from Virginia for you and all the employees you have traveling with you. This way, you can protect yourself and your company’s finances in case medical emergencies arise. You should also keep in mind that each location will pose different risks, so thorough research into your destination is a must. Read more »

Financial Tips You can Get from Your Financial Advisor in Maryland

financial-tips-you-can-get-from-your-financial-advisor-in-marylandThe road to financial stability and security can be a bumpy ride, and it can become even more treacherous unless you equip yourself with the proper knowledge and experience to manage your finances early on. It’s thus a good idea to to establish good habits and principles regarding those finances from the moment you take your first step into the working world. Here are a few tips to that end:

Get Help

It’s never a bad thing to seek valuable financial advice from a reliable financial advisor in Maryland or Northern Virginia. Your advisor should be able to guide you through the process of setting an annual or monthly budget for expenditures, preparing your taxes and helping you file them, and many more. Read more »

Trusted Firm that Designs VA Employee Benefits Programs Explains SBC

At Financial Brokerage Services, we don’t just design VA employee benefits programs that provide the best possible care for your employees while carefully managing the long-term premium costs of your business, but we also keep you updated with the latest industry news and laws on insurance and employee benefit programs. In relation to this, we would like to inform you that the Affordable Care Act (ACA) has required all employers to hand out copies of the Summary of Benefits and Coverage (SBC) to all of their insured employees.

The SBC accurately describes the employees’ benefits and coverage under the applicable plan offered by their insurance company. According to the provisions in ACA, it must be provided to all employees who are either enrolled or will be enrolled or terminated on the first day of open enrolment which began on September 23, 2013. Employers who wilfully fail to comply with its delivery will be subjected to a $1,000 fine per plan participant or beneficiary. Read more »

Affordable Group Health Insurance in Virginia & Other States Available

At Financial Brokerage Services, we hope that employers have sent their Health Insurance Exchange (HIX) notices to their employees on time. We understand that some employers and employees ask what HIX is, what it does, and what everyone should do about it. We want to help by explaining what HIX is and its effects on the ability to get individual or group health insurance in Virginia and other nearby states.

The Patient Protection and Affordable Care Act (PPACA) provides an option for people to obtain affordable health insurance. This option is the Health Insurance Exchange, which is sometimes referred to as the Health Benefit Exchange, the Health Insurance Marketplace, or simply the Marketplace. PPACA requires each state to create and maintain an online HIX by January 1, 2014. Read more »

Maryland Financial Advisor Tells Employers to Rebalance Retirement Plans

One of the employee benefits programs that we at Financial Brokerage Services (FBS) design is retirement plans. A trusted Maryland financial advisor can help you navigate through an array of retirement plan options that maximize your business’ savings and secure your employees’ future, and that’s exactly what out team of experienced financial advisors in Maryland and DC do.

We believe that it is a good idea to rebalancing retirement plan allocations at least every 12 months. This discipline helps keep your asset allocation on track and allows you to keep the old adage “buy low, sell high”. When you rebalance, you are selling your high-priced investments and buying more of your lower priced investments. Read more »

Transitioning to Better Individual or Group Health Insurance for Virginia and Maryland Residents

NEW AND BETTER MEDICAL COVERAGE FOR ADULT CHILD DEPENDENTS OVER 26

Cost-effective Individual and Group Health Insurance for Virginia and Maryland Residents

It’s time to prepare yourself for the future

On March 23, 2010, President Obama signed the Affordable Care Act. This law requires plans and issuers that offer coverage to dependents to make the coverage available up until the adult child reaches the age of 26. If you are about to reach that age, don’t you think it’s about time you thought about your future and getting healthcare coverage of your own?

Financial Brokerage Services, Inc. is here to make the transition easier for you. We offer many different coverage options, including some that may be much more affordable than you may have believed. To learn about our wide selection of quality individual, dental, and vision plans, including individual and group health insurance for Virginia and Maryland residents, call our office today at (301) 320-2000.

For nearly 30 years, Financial Brokerage Services, Inc. has provided financial planning and wealth management services for individuals and full-service employee benefit design for corporations throughout Maryland and Virginia. Talk to us and discover the benefits of individualand group health insurance for Maryland and Virginia residents like yourself.

Promotion: cost effective medical solutions to ensure that dependents at age 26 transition to cost-effective medical coverage.

Maryland Financial Advisor Offers Assistance with College 529 Plans

With the new school year starting, parents cannot help but think of the expenses that come with the season, along with how these increase as their children move from one level to the next. If you are one of the many parents already thinking ahead for your child’s college education, we at Financial Brokerage Services, your trusted DC and Maryland financial advisor, can help you prepare for it with 529 plans.

These plans, named after Section 529 of the Internal Revenue Code, are tax-advantaged investment tools that encourage saving up for future college expenses. Also known as “qualified tuition plans,” they are sponsored by states, state agencies, and educational institutions. They come in two types: the pre-paid tuition plans and the college savings plans. The pre-paid type allows parents to purchase credits or units for tuition at participating colleges and universities. In some cases, room and board may also be included while excess credits may be used to pay for other qualified expenses. Read more »