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
- Collection agencies, manufacturing, auto dealers, for-profit entities
- Ray provides business and practice management advice, including operational review and implementation of new systems, audit of financials, and tax planning
- He also specializes in business valuations and audits of internal controls.
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
January 6th, 2025
Weekly Market Insights | January 6th, 2025Stocks Decline Slightly as New Year Dawns Stocks edged lower last week despite a powerful end-of-week rally. The Standard & Poor’s 500 Index lost 0.48 percent, while the Nasdaq Composite Index slid 0.51 percent. The Dow...
December 30th, 2024
Weekly Market Insights | December 30th, 2024Holiday Spending Up Stocks notched a slight gain over the holiday week. A tech-driven rally in the first half of the week was clawed back in the second half as investors took profits following the market holiday. The...
December 23rd, 2024
Weekly Market Insights | December 23rd, 2024Powell Signal Leaves Investors Cold Stocks were under pressure last week as the Fed Chair's hawkish comments unsettled investors ahead of the holiday season. The Dow Jones Industrial Average received the hardest hit, falling...
December 16th, 2024
Weekly Market Insights | December 16th, 2024Mixed Data, Mixed Results. Stocks finished the week mixed, bookending losses around midweek gains as investors digested fresh inflation data. The Standard & Poor’s 500 Index slipped 0.64 percent, while the Nasdaq...
December 9th, 2024
Weekly Market Insights | December 9th, 2024Markets Mixed; Jobs Back on Track Stocks were mixed during the first trading week of December. Technology stocks led, while the widely followed Dow Jones Industrial Average struggled. The tech-heavy Nasdaq Composite Index...
December 2nd, 2024
Weekly Market Insights | December 2nd, 2024Solid Gains for Thanksgiving Week Stocks posted solid gains over a short and busy holiday week as investors parsed fresh economic data, comments on potential future trade policy, and a few Q3 reports from technology...
November 25th, 2024
Weekly Market Insights | November 25th, 2024Pre-Holiday Optimism Lifts Markets Stocks advanced last week, powering ahead with pre-holiday optimism despite geopolitical tensions and two disappointing Q3 corporate updates. The Standard & Poor’s 500 Index rose 1.68...
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...
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...
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,...
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