First County Advisors/Wealth Management, First County Bank Profile

First County Bank Profile: Paul Bubniak

Paul Bubniak cropped 2Meet Paul Bubniak, Vice President, Trust & Investment Officer.

Tell us a little about yourself.
Laureen, my wife of 34 years, and I have raised 5 children together, the middle three children being triplets. The oldest four have graduated with advanced degrees and have moved on with their successful careers. My youngest son is still pursuing a University degree.

My current hobby has been “Wedding Planner” for my eldest daughter who will wed this July.  I also enjoy all sports, both as a spectator and in some cases a participant. Our annual Family “Jersey Shore” beach vacation is always a top priority and fun time for all.

What is your favorite part of your role at First County Bank?
My favorite part of my job is being out in the community, meeting different people who have a variety of financial concerns. Creating successful solutions for them is extremely rewarding, as is their appreciation and gratitude.

What is the most frequent question you receive from customers?
The most recent frequently asked questions I have been receiving lately have been political in nature, and how it relates to financial positions and the future of the stock market and global economy.  However, in general the most frequent question is: “How we can manage risk and enhance solid consistent returns?”

Do you have a favorite First County Bank moment?
Yes – my most favorite moment was when I was traveling from my home in Danbury to a client meeting in Darien when I experienced mechanical problems with my car. I was close to our Norwalk branch and called the Branch Manager for help in finding a tow truck. The manager called another member of the bank who had a friend who owned a gas station close to where my vehicle was stranded.

Within minutes a tow truck arrived for my car and a Bank employee from the Darien branch came to pick me up in Norwalk. This employee drove me back to the Darien branch just in time for my 10 a.m. meeting. We proceeded to open a significant investment management account for our client without missing a beat. That truly displayed the teamwork and culture present at our Bank – the ability to tow my car and deliver me all the way to the Darien branch for my morning appointment in time.

First County Advisors/Wealth Management

Financial Planning Week

Budget Pie ChartThis first week of October is National Financial Planning Week. Financial planning is often seen as a burden and an ignored need. First County Bank Advisors have answered this need by cementing themselves as a local resource for investment, trust and estate needs and more! Our Trust Officers and Investment Managers have an average of 30 years of experience and can help you navigate through life’s many milestones and challenges, such as:

  • Marriage or divorce
  • Birth or adoption of a child
  • Sale or purchase of a home or business
  • Changes in employment
  • Planning for educational expenses
  • Planning for retirement
  • Planning for Incapacity or disability
  • Care and support of an elderly family member
  • Death of a spouse

For more information on financial planning or to talk to one of our First County Advisors visit http://firstcountybank.com/wealth-management or call Dave Metzgar at 203.462.4267 (Mon. – Fri., 8:30 a.m. to 4:30 p.m.)

Bank News, First County Advisors/Wealth Management, In Our Community, Sponsorships & Events

Women in Business Conference

Our own Sara Tucker, Senior Vice President and Director of Business Banking and Sandra Greer, Vice President, First County Advisors had the pleasure of addressing attendees of Moffly Media’s Women in Business Conference on the topic of “Hidden Strategies for Business Effectiveness.”

Thank you to Moffly Media for organizing this great event, and to all the women taking time out of their busy schedules to attend.

Bank News, First County Advisors/Wealth Management

Women in Business Conference – Hidden Strategies for Business Effectiveness

Sara Tucker

Sara Tucker

Attendees of Moffly Media’s Women in Business Conference will be learning from local experts including our own Sara Tucker, Senior Vice President and Director of Business Banking and Sandra Greer, Vice President, First County Advisors.

Speaking on the topic “Hidden Strategies for Business Effectiveness,” Sara and Sandra will be addressing the fact that women are “wired” differently than men. That female brains function differently and, therefore, “operate” differently in life than their male counterparts, permeates how women approach business, work, and decision-making.

 Sandra Greer

Sandra Greer

Experienced and accomplished businesswomen, Sara and Sandra will delve into how those traits can be used in negotiations, time management, financial decisions and leadership. By understanding, and embracing, how they are wired women can use these attributes to increase business effectiveness.

First County Bank is proud to sponsor the 2016 Women in Business Conference on Wednesday, May 11, 2016. Tickets are still available – join us today.

First County Advisors/Wealth Management

Financial Literacy 101- Why it pays to get schooled in money management

In honor of “Financial Wellness Month” the First County Advisors team, the Wealth Management Division of First County Bank, will be sharing some of their favorite financial fitness tips to put you on the right track in 2016.
MoneyScreen

It may sound cliché, but that old saying; “knowledge is power” really is true. At least when it comes to something as important as managing your money. The more educated you are about financial matters, the easier it will be to make important decisions that can help you achieve success and reach your goals.

So just how do you get the knowledge you need? You could study finance with a leading business school. Or you can find easier, more affordable ways available to you. Here’s how:

  • Visit financial websites. The Internet brings a world of financial knowledge right to your fingertips. You can read the finance pages of news networks or even access a range of resources available from the federal government – right from your computer. If you’re buying a car, for example, you can get helpful tips from car buying sites to gain a negotiating edge before you start shopping.
  • Watch or listen to financial programs. Many cable TV and radio stations offer programming designed to help you learn more about a range of financial topics – from mortgage financing to retirement planning.
  • Attend free seminars. Many organizations, including First County Bank, offer free seminars on different financial topics. Take some time and attend. You may be surprised about what you can pick up by attending.
  • Visit the library. Want to learn more about the basics of investing? Or about whether a traditional or Roth IRA may be right for you? Visit the library to access helpful books and guides.

The more knowledgeable you become, the more control you’ll have over your financial future. And that right there is power.

Dave Metzgar, First County Advisors, wealth management, trustsTo inquire about our personal financial planning services, contact:
Dave Metzgar, CFP, CTFA, SVP
Senior Trust Officer
First County Advisors, the Wealth Management Division of First County Bank
203.462.4267.

First County Advisors/Wealth Management

Track Your Way to Financial Fitness

In honor of “Financial Wellness Month” the First County Advisors team, the Wealth Management Division of First County Bank, will be sharing some of their favorite financial fitness tips to put you on the right track in 2016.

financial_tracking_icon

It’s a growing trend in health and wellness. In an effort to become more fit, people are purchasing activity devices to track their steps, calories, and heart rate. But while our physical fitness is important, so too is another aspect of our lives – our financial fitness. And one of the best ways to improve our financial wellness is to do a different type of tracking – expense tracking.

Many people set goals to save more money, but far fewer take this important step toward achieving it. By taking the time to track your expenses, you’ll be able to identify where you are overspending and areas where you may be able to cut back and save. The best part is, you don’t even need a fancy tracking device to know where you stand. Here are some easy ways to monitor your expenditures:

– Keep track of every penny you spend for a month. To make it easier, many people use credit cards to make every purchase, since many credit cards allow you to track purchases by category. If you choose this method, be sure you do not charge more than you have on hand to pay the bill in full at month-end.

– Keep receipts. If you pay in cash, save your receipts for a 30-day period. Then, add up your receipts and track your spending by category. Some categories may include:

  • Gas/Car expenses
  • Housing expenses
  • Entertainment
  • Groceries
  • Dining
  • Clothing

– Monitor your spending online. Tools like online and mobile banking make it easy for you to see where your money goes.

One of the main reasons people don’t track their spending is that they don’t want to face the harsh reality about their spending habits. If you want to reduce your spending and save more, you have to be honest in how you track your expenses by recording every purchase you make. That’s the only way you can make changes. It really is a lot like physical fitness; no pain, no gain.

Dave Metzgar, First County Advisors, wealth management, trustsTo inquire about our personal financial planning services, contact:
Dave Metzgar, CFP, CTFA, SVP
Senior Trust Officer
First County Advisors, the Wealth Management Division of First County Bank
203.462.4267.

First County Advisors/Wealth Management

Setting Short- and Long-Term Goals Can Lead to Success

In honor of “Financial Wellness Month” the First County Advisors team, the Wealth Management Division of First County Bank, will be sharing some of their favorite financial fitness tips to put you on the right track in 2016.

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You’re planning a long and important trip. Your first step is to map out how and when you will get to your destination. You’ll plan your stops along the way as well as what you will do when you finally get there.

This short- and long-term planning is also the key to success in your journey through life. To get where you want to be, you’ll need to establish your course and the milestones or goals you need to achieve along the way.

Of course, the most important step in any journey is figuring out where you want to go. Take some time to ask yourself: What goals would I like to achieve within the next two years? These are your short-term goals. Then, think about the goals you have for later on in life. For example, a long-term goal might be to buy a house or to retire in 20 years.

Once you determine your goals, figure out the steps you need to take to achieve them. So if you want to buy that house, you might set a goal of saving $X per month toward the down payment. Your long-term goal might be to accumulate $X in down payment funds in five years. You should approach your short-term goals in the same way. For example, if your goal is to reduce debt in the next year, establish a specific plan for how you will pay off major loans.

As you think about your goals, do the following:

  • Write them down.
  • Be specific. Include the steps you need to take to accomplish your goals.
  • Review your list regularly to see if you’re on track.
  • Make adjustments. As your life changes, your goals may change, so make sure to review and adjust them.
  • Stay the course.

 

Ready…set…go get what you want from life.

With commitment and focus, you’ll be headed in the right direction – success.

Dave Metzgar, First County Advisors, wealth management, trustsTo inquire about our personal financial planning services, contact:

Dave Metzgar, CFP, CTFA, SVP,
Senior Trust Officer and head of First County Advisors,
the Wealth Management Division of First County Bank at 203.462.4267.

 

 

First County Advisors/Wealth Management

Financial Wellness Tips from First County Advisors

papercheckJanuary is not just a great time to get your body in shape – it’s also the perfect opportunity to whip your financial affairs into order. In honor of “Financial Wellness Month” the First County Advisors team, the Wealth Management Division of First County Bank, will be sharing some of their favorite financial fitness tips to put you on the right track.

Tips will include:

• Set long and short-term goals
• Maximize your retirement savings
• Track your spending and set a budget
• Educate yourself

These articles, combined with the Smart Savings tips we’ve been sharing on an ongoing basis, are a sure way to get 2016 off on the right financial foot.

Bank News, First County Advisors/Wealth Management

First County Bank receives the Women’s Choice Award® as a highly recommended Financial Firm by Women for Women

image002As the leading advocate for female consumers, WomenCertified Inc. is pleased to announce that First County Bank has received the Women’s Choice Award for Financial Advisors & Firms based on rigorous evaluation of objective criteria and additional points of reference that obtain feedback regarding the advisor’s service and practices. First County Bank is the first and only independent community Bank to have earned this award.

The Women’s Choice Award is the only recognition program for well-qualified advisors who are committed to the women’s market and serving their female clients. Achieving this award reaffirms the commitment First County Bank has to extraordinary service in addressing the financial needs of women and their families. “First County Bank is honored to be chosen as a recipient of the Women’s Choice Award. As our goal is to be a trusted advisor to our clients, this recognition validates our commitment to excellence in serving women and all members of the community. Thank you for this honor,” said Rey Giallongo, First County Bank Chairman and CEO.

WomenCertified Inc., originator of the Women’s Choice Award, was created by Delia Passi, a leading advocate for female consumers and former group publisher of Working Woman and Working Mother magazines. Delia has created the Women’s Choice Award for Financial Advisors & Firms in an effort to help women identify those advisors who are committed to providing quality service. The award allows this outstanding group of advisors to showcase their commitment to the women’s market, while giving potential clients a starting point for entrusting their finances to an advisor. Recent studies indicate the following in regards to women and their finances:

  • Only 35 percent of women use a professional financial advisor, most (79 percent) doing so for retirement investment recommendations.**
  • In the US, women control about $11.2 trillion of the nation’s investable assets (39% of the country’s estimated $28.6 trillion of investable assets). Nearly half of that is managed solely by women.***
  • Fewer than 2 in 10 women feel “very prepared” to make wise financial decisions. Half indicate that they “need some help” and one-third feel that they “need a lot of help.”****

 

As the financial industry wakes up to the fact that a great majority of the female population are seeking advisors they can trust and greatly value financial security, WomenCertified Inc. has created the solution. This powerful, national initiative distinguishes advisors who support female consumers in their quest for financial education.

ABOUT WOMEN’S CHOICE AWARD

The Women’s Choice Award Financial Advisor Program is based on 17 objective criteria associated with providing quality service to women clients such as credentials, experience and a favorable regulatory history among other factors. Financial advisors do not pay a fee to be considered or placed on the final list of Women’s Choice Award® Financial Advisors, though they may have paid a fee to participate in the Women’s Choice Award Financial Advisor Marketing Program. WomenCertified Inc., home to the Women’s Choice Award, awards businesses, brands and services based on high recommendation ratings by female consumers. The Women’s Choice Award represents the collective voice of women so they can help each other identify businesses that deserve their loyalty and referrals. To learn more, visit www.womenschoiceaward.com.

** 14th Annual Transamerica Retirement Survey of Workers (2014) ***Source: Harnessing the Power of the Purse, by the Center for Talent Innovation 2014 ****Source: Financial Experience & Behaviors Among Women, 2010−2011 Prudential Research Study (article breaking it down here).
First County Advisors/Wealth Management

Meet First County Advisor AnnaMarie Boccuzzi

First County Advisor AnnaMarie Boccuzzi

First County Advisor AnnaMarie Boccuzzi, Estate and Trust officer.

Our investment and wealth management series continues with a spotlight on First County Advisor, AnnaMarie Boccuzzi, Estate and Trust Officer.

Tell us about yourself? 
I earned a B.S. in Finance from the University of Connecticut before continuing on to graduate from the ABA Trust Program at Williams College and the National Graduate Trust School at Northwestern University. Prior to joining First County Bank, I worked as a Financial Analyst at Citicorp, Trust Officer at Connecticut National Bank, Shawmut National Bank and Fleet Bank and served as Vice President/Trust Officer at First Union National Bank.

What is your favorite part of the job?
What I enjoy most is helping clients achieve their personal and financial goals. It is both an art and a science to decipher each client’s unique circumstances, make recommendations and implement a financial plan or estate plan that will accomplish their objectives. Each client has different priorities and constraints, and as a result, each plan is a little bit different. It’s those specific details surrounding each situation that make the job particularly gratifying.

What are your clients most concerned about today?
Each client has different priorities. Concerns range from current investment portfolio management to planning for disability or transferring their wealth to their heirs. Additional matters include protecting their assets in case of divorce, bankruptcy or a long term illness.

Anything else you’d like to say to get people to know you?
Although my prior experience has been with large, regional banks, I welcomed an opportunity to work for a small, independent, community bank where client service is the number one priority.

Contact Information
AnnaMarie S. Boccuzzi
Estate and Trust Officer
Phone: 203.462.4483
Email: aboccuzzi@firstcountybank.com
LinkedIn: www.linkedin.com/pub/annamarie-boccuzzi/47/127/b22/en