Praxis Financial Group with Robert Powalski

Praxis Financial Group with Robert Powalski Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Praxis Financial Group with Robert Powalski, Financial planner, 600 Delaware Avenue, Buffalo, NY.

The U.S. stock market delivered a historic performance in May 2026, with all three major indexes closing at fresh all-ti...
06/02/2026

The U.S. stock market delivered a historic performance in May 2026, with all three major indexes closing at fresh all-time highs on the final trading day of the month, May 29.

A powerful rally in technology stocks, strong corporate earnings, easing inflation pressures, and positive geopolitical developments helped drive the market’s strongest monthly gains of the year.

For the month, the market’s three major indices performed as follows:
S&P 500 5.2%
The Dow 3.1%
Nasdaq Composite 8.4%

The S&P 500 closed out May at a record 7,580.06. The benchmark index also recorded its ninth consecutive weekly gain, reflecting broad investor confidence and sustained market momentum.

Technology stocks led the market’s advance, particularly companies benefiting from growing demand for artificial intelligence infrastructure. So it’s no surprise that the tech-heavy Nasdaq Composite finished at a record 26,972.62, significantly outperforming the other major indexes.

The Dow Jones Industrial Average also reached a historic milestone, crossing the 51,000 mark for the first time. The blue-chip index ended May at 51,032.46, posting a gain of approximately 3.1% for the month.

Sources:
https://www.cnbc.com/2026/05/28/stock-market-today-live-updates.html
https://www.investopedia.com/stock-market-today-dow-jones-s-and-p-500-05292026-11986232

🗓️ June 1st means that summer is almost here, kids will be out of school soon, and many of you are looking to enjoy time...
06/01/2026

🗓️ June 1st means that summer is almost here, kids will be out of school soon, and many of you are looking to enjoy time outdoors with family and friends. ☀️🏝️

Just a reminder that your finances and long-term goals shouldn't be on vacation, too - so feel free to reach out if you have any questions or proactively schedule our next financial review.

Robert J. Powalski, CFP®
💼 Managing Partner | Praxis Financial Group
🩺 Financial Adviser to the Medical Society of Erie County
📧 [email protected]
📲 716.817.7117
💻 praxisfinancialgroup.com

Financial confidence is often the result of preparation, not prediction.The most effective plans are built with multiple...
05/28/2026

Financial confidence is often the result of preparation, not prediction.

The most effective plans are built with multiple pillars working together — helping create stability, flexibility, and long-term opportunity over time.

Inflation accelerated in April, with the Consumer Price Index (CPI) rising 0.6% for the month and 3.8% over the past 12 ...
05/26/2026

Inflation accelerated in April, with the Consumer Price Index (CPI) rising 0.6% for the month and 3.8% over the past 12 months, according to the U.S. Bureau of Labor Statistics. Core inflation, which excludes food and energy, rose 0.4% in April and 2.8% over the past year.

Much of the increase was driven by higher energy costs, as the energy index climbed 3.8% in April alone and is now up 17.9% year-over-year. Shelter costs also remained elevated, rising 0.6% for the month, while food prices increased 0.5%, reflecting ongoing pressure on household budgets.

The recent surge in inflation has been heavily influenced by rising oil prices tied to the ongoing conflict involving Iran. Brent crude oil prices jumped from roughly $70 per barrel before the conflict to as high as $118 in April, driving up gasoline, airfare, and transportation-related costs across the economy. Gasoline prices have risen about 28.4% over the past year, while airline fares increased 20.7%, illustrating how higher energy prices continue to ripple through many areas of consumer spending.

Economists warn that inflationary pressures may persist if global energy markets remain unstable. Continued disruptions in the Strait of Hormuz - a key shipping route for global oil supplies - have kept fuel prices elevated, creating additional strain for consumers already dealing with higher everyday expenses.

Sources:
https://www.bls.gov/news.release/cpi.nr0.htm
https://www.cnbc.com/2026/05/12/inflation-breakdown-for-

On this Memorial Day, we honor and remember the courageous men and women who gave their lives in service to our country....
05/25/2026

On this Memorial Day, we honor and remember the courageous men and women who gave their lives in service to our country. Their sacrifice made our freedoms possible, and their legacy continues to inspire us all.

Wishing everyone a peaceful Memorial Day as we take time to reflect, remember, and give thanks. 🇺🇸

The U.S. labor market continued to show resilience in April as nonfarm payrolls increased by 115,000 jobs, beating econo...
05/21/2026

The U.S. labor market continued to show resilience in April as nonfarm payrolls increased by 115,000 jobs, beating economist expectations, while the unemployment rate held steady at 4.3%. Job growth was led by gains in healthcare, transportation and warehousing, and retail trade, although federal government employment continued to decline.

Despite concerns surrounding rising energy costs and global uncertainty tied to the Iran conflict, the labor market has so far remained stable. Economists noted that the latest report showed “no signs of a downturn just yet,” with the economy continuing to add jobs at a modest but steady pace. However, some warning signs remain, including weak consumer sentiment and fears that higher inflation and slowing demand could eventually pressure hiring activity later this year.
***

Sources:
https://www.bls.gov/news.release/pdf/empsit.pdf
https://www.ft.com/content/245e5c30-0a0b-43cd-b4b5-13f023c0b42d?syn-25a6b1a6=1

Retirement is about more than stepping away from work — it’s about stepping into the next chapter of life with purpose, ...
05/19/2026

Retirement is about more than stepping away from work — it’s about stepping into the next chapter of life with purpose, freedom, and fulfillment.

Whether it’s spending more time with family, traveling, volunteering, learning new skills, or pursuing passions you’ve put on hold, preparing financially can help create the flexibility to enjoy the life you envision.

The earlier you begin planning, the more opportunities you may have to shape a retirement that reflects your goals and values.

Robert J. Powalski, CFP®
💼 Managing Partner | Praxis Financial Group
🩺 Financial Adviser to the Medical Society of Erie County
📧 [email protected]
📲 716.817.7117
💻 praxisfinancialgroup.com

We like to think every dollar is treated equally… but that’s rarely how our brains work.Many investors unknowingly pract...
05/18/2026

We like to think every dollar is treated equally… but that’s rarely how our brains work.

Many investors unknowingly practice “mental accounting” — assigning different values and emotions to money depending on where it came from. A bonus may feel like spending money, while retirement savings feels untouchable. A tax refund might get spent faster than earned income.

The problem?

These mental “buckets” can quietly lead to inconsistent decisions, unnecessary risk, and missed opportunities to build long-term wealth more intentionally.

Successful financial planning often comes down to stepping back, removing emotion, and making decisions based on your overall strategy — not just the label attached to the money.

Are your financial decisions aligned with your long-term goals?

Robert J. Powalski, CFP®
💼 Managing Partner | Praxis Financial Group
🩺 Financial Adviser to the Medical Society of Erie County
📧 [email protected]
📲 716.817.7117
💻 praxisfinancialgroup.com

As wealth grows, the way we think about money often changes.Early on, everyday expenses matter most. Over time, prioriti...
05/14/2026

As wealth grows, the way we think about money often changes.

Early on, everyday expenses matter most. Over time, priorities may shift toward experiences, flexibility, opportunities, and ultimately long-term legacy planning.

True wealth is not just about income or possessions — it’s about financial independence, choices, and the ability to live life on your own terms.

Building wealth is a journey, and thoughtful financial planning can help provide direction along the way.

Robert J. Powalski, CFP®
💼 Managing Partner | Praxis Financial Group
🩺 Financial Adviser to the Medical Society of Erie County
📧 [email protected]
📲 716.817.7117
💻 praxisfinancialgroup.com

Diversification is about more than simply owning multiple investments.A thoughtful mix of asset classes, sectors, and st...
05/12/2026

Diversification is about more than simply owning multiple investments.

A thoughtful mix of asset classes, sectors, and strategies may help manage risk and create greater balance during changing market conditions.

No two investors are exactly alike, which is why your investment strategy should reflect your goals, timeline, risk tolerance, and overall financial picture.

A well-structured portfolio is designed not only for growth opportunities, but also for resilience over time.

Robert J. Powalski, CFP®
💼 Managing Partner | Praxis Financial Group
🩺 Financial Adviser to the Medical Society of Erie County
📧 [email protected]
📲 716.817.7117
💻 praxisfinancialgroup.com

Address

600 Delaware Avenue
Buffalo, NY
14202

Website

Alerts

Be the first to know and let us send you an email when Praxis Financial Group with Robert Powalski posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category