Years ago, many of my friends used to joke, "What do you do, manage 'little old ladies' money?" They all thought it was strange when I answered "Yes, they aren't all little, nor are they old, but that is what I do." In my title, I included the word "widow" yet, through poetic license, I intended a looser definition. To help more of you, I included guidance for both women who unfortunately have lost their spouses ("traditional widows"), and women concerned about managing their financial affairs in case they survive their spouses ("could be widows"). This book will: -Inform you, the reader, of what to expect, and what you'll have to do if, and when, a beloved spouse predeceases you-Educate you on what you will need to accomplish, so you have the confidence to manage your future financial affairs -Help you learn from others' mistakes, so you don't make them yourself-Help you understand why planning is so important, and to appreciate how proper planning can help prevent future problems-Show you how to simplify your financial affairs, and offer this book as a reference tool so you can do so-Illustrate how you can make your decision-making less emotionalPaul L. Marrella is a Financial Advisor with Raymond James Financial Services, Inc. Member FINRA/SIPC located at 1250 Broadcasting Rd., Suite 102; Wyomissing, PA 19610. Paul can be contacted at (610) 655-9700 and/or Paul.Marrella@RaymondJames.com.
About the Author: Paul L. Marrella is a Wealth Manager at Marrella Financial Group, LLC, an independent firm. Securities Offered Through Raymond James Financial Services, Inc. Member FINRA/SIPC. He focuses on providing wealth management solutions to successful families in Southeastern, Pennsylvania. Together with his father, brother and sister, he helps affluent clients address their five biggest concerns: preserving their wealth, mitigating taxes, taking care of their heirs, ensuring their assets are not unjustly taken, and charitable giving. Along with his father, Paul A., he founded Marrella Financial Group, LLC in 2001. Paul and his family now serve more than 300 families and institutions who have entrusted assets of more than $300 million. He uses a consultative process to gain a detailed understanding of his clients' deepest values and goals. He then employs customized recommendations designed to address each client's unique needs and aspirations well beyond simply investments. Early in his career, Paul was an attorney with the law firm of Fry & Golden specializing in estate planning and administration. He also spent several years on Wall Street as an equity trader with Spear, Leeds & Kellogg. In 1998, Paul re-joined his father's practice where he uses his diverse experience to help clients navigate today's complicated retirement landscape. He also acts as his firm's managing partner. He is a noted public speaker on financial issues affecting retirees. He is also an active member of local estate planning committees, is a technology liaison to Raymond James' Information Technology Management and serves on a number of local charitable committees. In his spare time, he is active coaching youth sports, an avid golfer and a black belt in Ryu Kyu Hon Kenpo Kobujitsu Karate.