Cedar Brook Financial Partners Adds High Demand Financial Planning Service for Public Employees
Cleveland, OH, December 05, 2012 --Cedar Brook Financial Partners LLC (www.cedarbrookfinancial.com) one of the region’s largest independent wealth management firms now offers teachers, school administrators, police and fire personnel, and other government employees a resource to help them plan for their financial future. Cedar Brook developed this specialized practice to address the growing need of public employees to understand the complicated public pension system and other programs available to them. Many substantive changes to the public pension system go into effect July 1, 2013, yet many workers in the public sector aren’t aware of them nor fully understand the impact it could have on their retirement pans.
“Many of my colleagues are asking ‘how will the current changes in the pension system effect my retirement benefits both in the short and long term?’ said Dr. Anthony Podojil, former superintendent of the West Geauga Schools, and a financial advisor with Cedar Brook. “That’s why Ted and I are offering specialized financial planning services for public employees. In the past, public employees may not have needed help in this area. However, with the magnitude of changes going into effect in 2013, they could need help planning for retirement,” continued Dr. Podojil.
Mr. Lorenzen and Dr. Podojil have developed a holistic approach to educate public employees on their retirement plans, the public pension system, and other benefits offered exclusively to government workers. In addition, given their extensive financial services backgrounds, they are uniquely able to devise financial and retirement plans that help work towards an individual’s lifetime financial goals.
About Cedar Brook Financial Partners
Headquartered in Cleveland, OH, with offices in West Bloomfield, MI, and Naples, FL, Cedar Brook Financial Partners is one of the largest independent wealth management firms in Northeast, OH, according to Crain’s Cleveland Business 2012. Cedar Brook’s now sixty-plus professionals deliver customized, personal services including comprehensive wealth strategies, investment and insurance advice, retirement plan consulting, and group benefit programs to physicians, corporate executives, privately held business owners, families, and public employees. Cedar Brook has been recognized as a Top Workplace in Northeast Ohio by WorkplaceDynamics according to the Plain Dealer's 2012 study. The firm offers securities through Securities America Inc., member FINRA/SIPC. Advisory services are offered through Securities America Advisors Inc., a SEC Registered Investment Advisor. Cedar Brook Financial Partners LLC and the Securities America companies are not affiliated. For more information, please visit www.cedarbrookfinancial.com.