Northeast Times

Financial advisers visit Rhawnhurst NORC

  • Words of wisdom: Pat Farrell executive vice president of Huntingdon Valley-based Delaware Valley Advisors encouraged members of the Rhawnhurst Naturally Occurring Retirement Community to design well-rounded financial plans during their visit on Aug. 22. MARIA POUCHNIKOVA / TIMES PHOTOS

  • Wade Hartz a registered representative for Delaware Valley Advisors, encouraged members of the Rhawnhurst Naturally Occurring Retirement Community to design well-rounded financial plans during their visit on Aug. 22. MARIA POUCHNIKOVA / TIMES PHOTOS

  • Words of wisdom: Pat Farrell, executive vice president of Huntingdon Valley-based Delaware Valley Advisors, and Wade Hartz, a registered representative for Delaware Valley Advisors, encouraged members of the Rhawnhurst Naturally Occurring Retirement Community to design well-rounded financial plans during their visit on Aug. 22. MARIA POUCHNIKOVA / TIMES PHOTOS

Two fin­an­cial ad­visers last month en­cour­aged mem­bers of the Rhawn­hurst Nat­ur­ally Oc­cur­ring Re­tire­ment Com­munity to design well-roun­ded fin­an­cial plans.

“Every­body needs an es­tate plan, no mat­ter how small,” said Pat Far­rell, ex­ec­ut­ive vice pres­id­ent of Hunt­ing­don Val­ley-based Delaware Val­ley Ad­visors.

Far­rell was joined at the Aug. 22 lunch­eon by Wade Hartz, a re­gistered rep­res­ent­at­ive for Delaware Val­ley Ad­visors.

The top­ic was, Leav­ing Your Leg­acy. Mem­bers also had the chance to have their blood pres­sure checked by a li­censed prac­tic­al nurse from St. John Neu­mann Nurs­ing Home.

The guest speak­ers used a slide show and provided pa­per­work for the seni­or cit­izens in the crowd. They urged the older folks to plan in­vest­ments, re­tire­ment in­come and ex­penses, fed­er­al in­come taxes, an emer­gency fund and pro­vi­sions for dis­ab­il­ity or for fam­ily mem­bers in the event of death.

NORC mem­bers filled out forms with gen­er­al ques­tions that were not answered dur­ing the dis­cus­sion.

The ad­visers said cli­ents be­ne­fit from a pa­tient pro­fes­sion­al can who ex­plain the pluses and minuses of any plan.

“That’s what we do. We can be a tre­mend­ous re­source for you. There’s a lot of little in­tric­a­cies with leg­acy plan­ning. We bring strong ex­pert­ise to the table,” said Far­rell, who has worked in the in­dustry for about 20 years.

In oth­er news from the meet­ing, held at Con­greg­a­tions of Ner Zedek:

• Rhawn­hurst NORC will hold care­giver sup­port group meet­ings every Wed­nes­day in Oc­to­ber from noon to 1:30 p.m. at its of­fice at 7520 Bustleton Ave. For more in­form­a­tion, call Abby Gil­bert at 215-320-0351 or Vir­gin­ia Harr at 215-426-8610, Ext. 207.

• Seni­or Com­pan­ions, a pro­gram of the Phil­adelphia Cor­por­a­tion for Aging, is look­ing for men and wo­men age 55 or older to keep a home­bound in­di­vidu­al com­pany for 20 hours a week. Du­ties could in­clude con­ver­sa­tion, read­ing, re­min­is­cing, tak­ing walks and ac­com­pa­ny­ing the in­di­vidu­al to med­ic­al ap­point­ments. A sti­pend is giv­en, and trans­port­a­tion is provided. 

For more in­form­a­tion, call Susan at 215-698-7300, Ext. 189.

• Rhawn­hurst NORC will meet again on Wed­nes­day, Sept. 25, at noon at Rhawn­hurst Pres­by­teri­an Church, at 7701 Lor­etto Ave. So­nia DeVan, of Gate­ways Health, will dis­cuss “Af­ford­able Care Act - What Does It Mean For Seni­ors.”

The meet­ing after that is set for Thursday, Oct. 24, at Ner Zedek Syn­agogue, at 7520 Bustleton Ave. City elec­tions com­mis­sion­er Stephanie Sing­er will dis­cuss the im­port­ance of vot­ing. ••

You can reach at twaring@bsmphilly.com.

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