News: Long Island

Fuoco Group forms partnership with Hewins Financial Advisors to launch TFG Financial Advisory

The Fuoco Group (TFG), a full-service accounting and consulting firm, has formed a strategic partnership with Hewins Financial Advisors, LLC (Hewins), a national, CPA-based financial advisory firm, to launch TFG Financial Advisory, a new wealth management offering. Backed by the collaboration with Hewins, which manages $3.9 billion in total assets under management (AUM), TFG will broaden its service platform and boost growth within its practice across the East Coast, including its headquarters of South Florida, where Hewins also has a base of operations. The partnership comes with an understanding that the integration of accounting and wealth management services can add more value and clarity to clients' financial lives. By blending both firms' expertise, TFG will be able to offer a more seamless experience and a comprehensive range of solutions to meet clients' needs. TFG's continued growth has also been aided by several mergers and acquisitions, which have expanded the firm's resources and industry focuses. "This is an exciting chapter in the growth of TFG. We're thrilled about our partnership with Hewins — to have found a partner who agrees with our client service philosophy, above all else," said Lou Fuoco, CEO and managing director. "We're looking forward to having a new financial dialogue with our clients by introducing wealth management, retirement planning and other services."

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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.