Broker Check

Perception vs. Reality The Cost of Procrastination Social Security: By the Numbers

Welcome to Orazio Financial Services!

We are very proud to announce a new affiliation that will continue to support our firm in our efforts to provide you with best in class products and services.

As you may know, advisors like us are required to affiliate with a broker/dealer. Since 2004, that affiliation was with National Planning Corporation (NPC). We had a successful relationship with them as they assisted us with the wealth management of our client’s accounts. Unfortunately, they decided to sell their broker/dealer network to another broker/dealer, LPL Financial (announced 8/15/17). After that announcement, we began a significant review in the independent broker/dealer community, including LPL, to find an affiliation that would best fulfill the needs of our clients and allow us to provide the high level of products and services you have become accustomed to. After careful due diligence, we have selected Commonwealth Financial Network®, the nation’s largest privately held broker/dealer to be our partner.

There are many reasons we selected Commonwealth, but chief among them are:

  • The firm is committed to independence and highly personalized service, a philosophy that matches the spirit of our organization since 1991.
  • They are privately owned which means their focus is on their advisors and their clients, not shareholders as in publicly owned broker/dealers, such as LPL.
  • The firm has a history of sound business practices and a reputation for integrity that we believe represents the best of our industry.
  • Their technology is state of the art, providing new services to you such as access to your accounts on your mobile devices and the ability to sign documents electronically. For OFS, we now have access to research from prominent investment firms and managers and a suite of tools to enhance our wealth management of your accounts.

During this transition, expect no change in your personal relationship with us or the level of service we provide. Your relationship is important to us and we will continue to serve you as we have in the past. This transition, however, will require new paperwork to affiliate your account with our new broker/dealer. Please let us know if you can come in to sign the paperwork to transfer your accounts to Commonwealth, otherwise if not, expect to receive the necessary paperwork in a UPS envelope in the mail in the coming days with a pre-paid envelope back to us for processing. Transition related charges, if any, from NPC will be reimbursed to your account after it has been received at Commonwealth.

Helpful Content

Keeping Good Records is Good Business

Keeping Good Records is Good Business

Maintaining good records for your business not only helps to meet your tax and legal obligations, but it can save you money.

Choosing a Mortgage

Choosing a Mortgage

Selecting a mortgage isn't an easy process. Get a better understanding of how professionals make the right decisions.

Insurance Needs Assessment: Married With Children

Insurance Needs Assessment: Married With Children

When you’re married and have children, insurance needs will be different.

 

How to Invest in LGBTQ+ Friendly Companies

This article allows those who support LGBTQ+ interests to explore the possibilities of Socially Responsible Investing.

Do Your Kids Know The Value of a Silver Spoon?

You taught them how to read and how to ride a bike, but have you taught your children how to manage money?

Apps That Help Achieve Goals

If you find it hard to attain personal life goals, there’s an app for that!

Do You Owe The AMT?

If you want to avoid potential surprises at tax time, it may make sense to know where you stand when it comes to the AMT.

Lots of Variables with Fixed-Rate Mortgages

When selecting a fixed-rate mortgage, a borrower has to determine how many years to finance the loan.

The Five Basics of Financial Literacy

How literate are you when it comes to your finances? Brush up with these five basics.

View all articles arrow

Capital Gains Tax Estimator

Use this calculator to estimate your capital gains tax.

Social Security Taxes

Estimate how much of your Social Security benefit may be considered taxable.

Paying Off a Credit Card

Enter various payment options and determine how long it may take to pay off a credit card.

Doubling Your Money

This calculator demonstrates the power of compound interest.

Historical Inflation

This calculator shows how inflation over the years has impacted purchasing power.

Home Mortgage Deduction

Use this calculator to assess the potential benefits of a home mortgage deduction.

View all calculators arrow

Principles of Preserving Wealth

How federal estate taxes work, plus estate management documents and tactics.

Your Cash Flow Statement

A presentation about managing money: using it, saving it, and even getting credit.

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.

Investment Strategies for Retirement

Investment tools and strategies that can enable you to pursue your retirement goals.

5 Smart Investing Strategies

There are some smart strategies that may help you pursue your investment objectives

An Inside Look at Retirement Living

A number of questions and concerns need to be addressed to help you better prepare for retirement living.

View all presentations arrow

Should I Invest in Gold?

Learning more about gold and its history may help you decide whether it has a place in your portfolio.

The Latte Lie and Other Myths

Do you know these three personal finance sayings?

Your DNA Test

If your family relies on your income, it’s critical to know what their needs would be in the event of your death.

A Fruitful Retirement: Social Security Benefit

Taking your Social Security benefits at the right time may help maximize your benefit.

To Buy or Not to Buy

The decision whether to buy or rent a home may have long-term implications.

The Richest Man in Babylon

In good times and bad, consistently saving a percentage of your income is a sound financial practice.

View all videos arrow