Welcome to Chesapeake Financial Advisors, an independent fee-only investment advisor and financial planning firm located in Towson, Maryland. Our mission is to help our clients achieve financial peace of mind by reaching their goals and realizing their dreams. Our goal is to assist our clients in prioritizing and quantifying their financial goals, setting realistic expectations and implementing a disciplined and prudent investment and savings strategy.
Assisting our clients in determining and managing an appropriate asset allocation strategy by considering investment time horizon, risk tolerance, objectives and cash flow needs is a priority. We invest for the long term by establishing asset allocations and adjusting those allocations upon the changing circumstances and objectives of our clients and not on the vagaries of short-term market fluctuations.
An effective investment advisory relationship is built on a commitment to personal attention and we believe in old-fashioned service so when you call our number, you will reach Tom or Tim directly; not an assistant, not a customer service rep or account executive. When you send us an email, you will get a timely reply. If we don't know the answer right away, we will research it and get you an answer in a timely fashion.
We invite you to learn what our clients already know. Contact us today at 410-823-5442 to schedule a complimentary consultation meeting to discuss your investment, financial and tax planning needs.
First Time Homebuyer Tax Credit - New Rules
On November 6, 2009, President Obama signed into law the Worker, Homeownership, and Business Assistance Act of 2009. The Act extends the first-time homebuyer tax credit to principal residences purchased before May 1, 2010. (If you purchase a principal residence before July 1, 2010, you can still qualify for the credit provided that you enter into a written binding contract prior to May 1, 2010.)
Estate Tax Repeal: Changes to the Current Estate Tax Law
The future of the federal estate tax is being debated and with the current law set to expire in 2010, Congress will most certainly act to make changes to the estate tax law. We've put together a plain english client alert that helps you understand the history and potential future of the estate tax.
Roth 2010 Conversions: Planning for New Opportunities
We've put together a flash demo of all the new Roth conversion rules taking effect in 2010 including eliminating current income limit. Find out everything you need to know to take advantage of this great retirement income planning opportunity.
Where to Find Top Yields
Tom Taylor, CPA appears in the June 2009 issue of Kiplinger's Personal Finance Magazine and Kiplinger.com where reviews how investors can earn higher yields by investing in preferred stocks.
