Understanding Today’s Financial Environment
Welcome, I’m Charles Palma, a Financial Professional in Melville and New York, New York. We understand that individuals face unique challenges as they prepare for retirement. We can help take the mystery out of preparing for today and tomorrow. Whether your goal is saving for retirement, college savings, or estate strategy, our personalized service focuses your needs, wants, and financial goals and objectives.
Our professionals have years of experience in financial services. We can help you address your needs of today and for many years to come. We look forward to working with you through all stages of your life, please call (516) 677-6213
Check the background of our investment professionals on FINRA’s BrokerCheck
Helpful Content
How millennials can take control of their finances
Learn how the decisions you make today can help you reach your financial goals
Strategies for smarter gift-giving
Stressed about the cost of gift-giving? You’re not alone. Here are some tips on how to be a savvier gift-giver.
Alzheimer's Awareness
Things you can do to reduce the risk of dementia
Financial strategies for the sandwich generation
Planning ahead can help members of the sandwich generation enjoy time with aging parents while protecting retirement goals.
Talking to your kids about money
Here are some practical tips for teaching your kids how to build a confident financial future
Credit Card Debt
We share tips to manage high-interest credit
Closing Gaps for Underrepresented Entrepreneurs
Minority and women business owners have a unique set of skills and challenges.
Fallen Tree Damage—Who Pays?
Your liability for damages that occur when a tree on your property falls on your neighbor’s property is not clear cut.
Overlooked ways to add diversity to your portfolio
A diverse portfolio can be more than stocks and bonds.
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Comparing Mortgage Terms
Estimate the total cost in today's dollars of various mortgage alternatives.
Lifetime of Earnings
Estimate how much you have the potential to earn during your working years.
Inflation & Retirement
Estimate how much income may be needed at retirement to maintain your standard of living.
Taxable vs. Tax-Deferred Savings
Use this calculator to compare the future value of investments with different tax consequences.
Paying Off a Credit Card
Enter various payment options and determine how long it may take to pay off a credit card.
Roth 401(k) vs. Traditional 401(k)
This calculator compares employee contributions to a Roth 401(k) and a traditional 401(k).
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A New Way to Look at Your Bucket List
Bucket lists don’t have to be for tomorrow.
The Cost of Procrastination
Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time.
Working With A Financial Professional
A financial professional is an invaluable resource to help you untangle the complexities of whatever life throws at you.
Timing Your Retirement
This short video illustrates the importance of understanding sequence of returns risk.
Retirement Redefined
Around the country, attitudes about retirement are shifting.
The Fed and How It Got That Way
Here is a quick history of the Federal Reserve and an overview of what it does.