As Financial Advisors, We are Not Afraid to Use the F-Word: “Fiduciary”

April 11, 2019

Several years ago there was a lot in the news about a fiduciary rule that was going to change how advisors worked; the imposition of a fiduciary standard of behavior meant that advisors would have to make decisions and recommendations for their clients in their clients’ best interests, and not their own. Otherwise, advisors could … Read More

Doing Well by Doing Good? The Increasing Practice of Socially Responsible Investing

February 26, 2019

There are many ways to be well.  Most people consider wellness to include physical health and well-being. Some would also consider emotional, financial and spiritual wellness as worthy of their attention, and devote time and resources to addressing issues to promote those types of wellness. For many investors, this approach aligns with their desire to … Read More

Helpful Info: Health Savings Account Contribution Rules

February 15, 2019

Many employers offer high deductible health plans (HDHPs) to control premium costs and pair this coverage with HSAs to help employees with their health care expenses. Due to an HSA’s potential tax savings, federal tax law includes strict rules for HSA contributions. Click here for a Compliance Overview summarizes the contribution rules for HSAs.  (PDF, … Read More

Planned Giving Topic of Workshop for Local Non-Profits

February 15, 2019

Allen Financial of Camden advisors and wealth managers Abraham Dugal and Sarah Ruef-Lindquist, JD, CTFA, were the featured speakers for United Midcoast Charities at Allen’s offices in Camden in early February. They spoke about issues surrounding how to grow endowments through planned giving, when donors seek to provide long-term support through gifts that can be … Read More

Our Agency
Does Not Make Robocalls

February 12, 2019

We have had a report of a customer receiving a robocall from (207) 596-2038, identifying as from “Allen Agency” and offering a free health exam. We would like to let you know that we are not making any such calls.

Making the Case for a Three- to Six-Month Reserve Fund

February 4, 2019

The news has been full of stories about the fallout from the federal government furlough while congress and the administration iron out a budget for 2019.  Federal employees missing two paychecks as of this writing have reported that are not able to take a planned vacation, close on a house purchase or car, pay rent … Read More

ATV Info – Is there an age limit for operating an ATV in Maine?

January 14, 2019

Whenever you own and operate a motor vehicle, regardless if it is for recreation or normal transportation, it is critical to follow all of Maine’s legal requirements, both for insurance coverage and for who rides (and operates) the vehicle. With regards to ATVs, there are unique requirements specific to Maine, so if you’ve moved from … Read More

What to do in Case of an Auto Accident

January 11, 2019

You’re involved in an auto accident. It’s a stressful time but it’s important to remain focused and attentive or find someone who can do that for you. It is imperative to attend to the injured first, move out of the right of way if possible, call 911 and wait for help. As your insurance agency, … Read More

Year-End Financial Planning Checklist

January 4, 2019

As 2018 draws to a close, it’s time to begin organizing your finances for the new year. To help you get started, we’ve put together a list of key planning topics to consider. Savings and investments Revisit your retirement contributions. Review how much you’re contributing to your workplace retirement account. If you’re not taking full … Read More

Is Snowmobile Insurance Required in Maine?

January 3, 2019

Like a car, you must register your snowmobile if you own it in Maine. When it comes to insurance, however, the law is much more flexible. In fact, there are no real Maine snowmobile insurance requirements or licensing requirements – only laws determining who can ride, as well as how and where they can ride. … Read More