FEBRUARY 2023

Chornyak & Associates named to Forbes 2023 Best-In-State Wealth Management Teams List. Forbes Best-in-State Wealth Management Teams ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of each team’s best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms.

Overcoming the unspoken rule that money is too taboo a topic to discuss among family members is important going forward. The reality is that families, at some point, will need to be on the same page about wealth planning. What if it could also be an enlightening discussion between parents, grandparents, kids and partners about their shared future?  Our first article discusses how helpful this might be, and how to handle this with your family. If interested, we can facilitate this type of discussion.

Although the IRS expects to start the filing season stronger, taxpayer service improvements may take time as the agency hires and trains more workers. In the meantime, if you’re expecting a tax refund for 2022, there may be ways to speed up the process, according to financial experts.  Our second article reviews some ways you might be able to receive that refund sooner.

This month's "What's Happening Now" section shares interesting stories on why investing in water is important, 18 of the cheapest places to travel in 2023, and an area to consider splurging in for your next home renovation.

We'd like to hear from you. Please feel free to contact us by phone at 614-888-2121, toll-free 877-389-2121 or email jchornyak@janney.com with any questions or comments. 

Financial Planning Should Be Intergenerational

Overcoming the unspoken rule that money is too taboo a topic to discuss among family members is important going forward. The reality is that families, at some point, will need to be on the same page about wealth planning.

Tax filing season has kicked off. Here’s how to get a faster refund

Tax season kicked off for individual filers on Jan. 23, and the deadline for most taxpayers is April 18. If you’re expecting a refund, there may be ways to get the money faster, tax experts say.

What's Happening Now

Investing

in Water 

The 18 Cheapest Places to Travel in 2023

One Surprising Thing I Splurged on in My Last Home Reno

Market Update

January proved to be a bumpy ride for investors, with stocks ultimately ending higher to begin the new year, despite concerns that the economy may be headed toward a significant slowdown or even a recession. Nevertheless, each of the benchmark indexes listed here posted solid gains in January, led by the Nasdaq as tech stocks rebounded from a rough 2022. Stocks began the month by climbing higher over the first two weeks of January. However, equities lagged mid-month, only to rebound at the end of January, closing out the month on a positive note.