Financial Planning

Essential Pittsburgh
5:24 pm
Tue October 21, 2014

Coping and Investing in a Volatile Market

Credit Perpetual Tourist / Flickr

The American economy has experienced gradual improvements in the 6 years since the 2008 market collapse. But for many investors, memories of those economic losses are still raw.

Throughout the last month, the volatility of global politics has affected the stock market with disconcerting spikes and dips.

Financial planners such as Paul Brahim, Chairman and CEO of BPU investment firm and a member of the Board of Directors of the Pittsburgh Chapter of the Financial Planning Association, are faced with concerned investors who want to know what they’re in for. He joins us to talk about the causes of the latest market volatility and how best to react.

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Essential Pittsburgh
4:19 pm
Thu June 19, 2014

Managing Money As A Couple

Couples can spend months planning a wedding, but what about when it comes to their financial future?
Credit Nick Ortloff / Flickr

We’re in the midst of wedding season, and for many people, marriage is the first time they ever have to consider managing money with someone else in mind.

As Chairman and CEO of BPU investment firm and a member of the Board of Directors of the Pittsburgh Chapter of the Financial Planning Association, Paul Brahim helps clients make sound financial decisions to fit their lifestyle.

When it comes to couples, this can mean he has to be part adviser, part relationship therapist. Brahim helps couples manage money at all stages of life, and one of the largest groups he advises are those who are near retirement.

Brahim shared one experience where one spouse was a "hard-charging" corporate business man, who then found himself retired, and home all day with his wife. Brahim said the sudden extra time together was hard on the couple.

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Essential Pittsburgh
5:18 pm
Wed April 30, 2014

What to Know About Financial Planning, Post-Great Recession

Credit Ken Teegardin / www.SeniorLiving.Org

The Great Recession of 2007-2009 crippled many Americans' personal finances and caused a lot of uncertainty when it comes to future financial planning choices. 

"As a result of Dodd-Frank, the capital requirements of banks have increased dramatically. Banks have had to go through initial stress tests and ongoing stress tests. So the banking system is certainly shored up and the TARP program helped that immensely by injecting capital into both banks and into private corporations like General Motors. That helped stem the notion of rampant unemployment because people kept their jobs, and banks didn't collapse, and people didn't lose money. And it was good so there was stability there," said Paul Brahim, Chairman and CEO of BPU Investment Management Inc., and a member of the Greater Pittsburgh Financial Planning Association board of directors.

He talked about some of the changes in our financial systems for consumers, the markets, and regulators, since 2008 and how to make sound investments with the right kind of advisor.

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Essential Pittsburgh
4:24 pm
Wed April 9, 2014

Building a Financial Timeline: Why Students Need to Be More Proactive With Money

Students are coming out of college with thousands of dollars of debt and Gene Natali says he can help them secure their financial futures.
Credit 401(K) 2013 / Flickr

Many college students have very little to no experience in financial planning, which is why University of Pittsburgh Professor of Finance, Jay Sukits, created an event to help students become financially literate.

Gene Natali, Senior Vice President at CS McKee and co-author of The Missing Semester is speaking at the event, Money 101-Taking Control, dedicated to teaching high school and college students about managing their finances.

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