Robert E. Maloney

Retirement, Small Business, Lifestage Based Planning
“Robert E. Maloney is the Managing Member of Squam Lakes Financial Advisors, LLC, which he founded in 1982. Led by the needs of his clients, Bob developed the firm’s expertise in comprehensive financial planning.”

Squam Lakes Financial Advisors, LLC

Job Title:

Chief Listener


Bob has long been a proponent of fee-only financial planning and was a founding member of the National Association of Personal Financial Advisors (NAPFA), the leading professional association of fee-only financial advisors. He served three years as president and director of the Northeast Mid-Atlantic Region of NAPFA and led a committee to develop NAPFA University for the continuing education of fee-only financial advisors and planners. In 2011, he received NAPFA’s Robert J. Underwood Distinguished Service Award and in 2013 he was honored and recognized as one of the 30 Most Influential for meritorious service to NAPFA and the Fee-Only financial planning community.

Bob’s client base included women, retiring and retired couples, owners of closely held businesses professors at Plymouth State University. They look to Bob and his team to help articulate personal goals and develop comprehensive planning strategies for achieving those goals.

In the 14 years prior to founding his own business, Bob administered estates, trusts, and developed new business for bank trust departments. He was awarded the Master of Science Degree in Financial Services (MSFS) from the American College in Bryn Mawr, Pennsylvania, and had his undergraduate studies at Siena College in Loudonville, NY. Bob holds the Accredited Estate Planner certification from the National Association of Estate Planing Councils, a leading organization of professional estate planners and affiliated estate planning councils focused on establishing and monitoring the highest professional and educational standards for the practice.

Bob has been recognized as one of the best financial advisors in the country by both Moneymagazine and Worth magazine. Medical Economics also recognized Bob as one of the best financial planners in the country for doctors.

Financial writers have often sought Bob’s expertise in areas of personal finance. He has been quoted in the Wall Street Journal, Investment Advisor, Medical Economics, Physicians Personal Advisory and Money Magazine. Bob was also featured in Financial Planner magazine for his work as a financial advisor to women.

Bob is immediate past president and a board member of the Squam Lakes Chamber of Commerce and president of the White Pond Watershed Association. He is an active member of the Town of Holderness, NH as a member of the Zoning Board of Adjustments and the Budget Committee and a long-time participant in the “Who Can Make the Best Apple Pie Contest” in Holderness, NH.

In 2012 Bob was named as a director of Speare Memorial Hospital in Plymouth, NH and serves on its Budget Committee and its Long Range Planning Committee.

He is a member of the New Hampshire Estate Planning Council; past Chairman, President, and Director of the Connecticut Estate and Tax Planning Council; and a former President and Director of the Southern Connecticut Chapter of the International Association of Financial Planners (IAFP).

Bob is an avid hiker and fresh-water fisherman, and lives with his wife Bonnie in Holderness, NH.


BS, Finance, Siena College
MSFS, Financial Services, Bryn Mawr College

Fee Structure:

Fee-Only--Retainer Fee and Fixed Plan Fee

CRD Number:


Insurance License:


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February 2018
    Estate Planning, Tax Deductions / Credits, Taxes
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    Life Insurance, Financial Planning, Disability Insurance
August 2017
    Women & Money
June 2017
    Estate Planning

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    Retirement, Stocks, Taxes, Tax Deductions / Credits
How can I determine cost basis for stocks sold?
100% of people found this answer helpful

I'm going to try to offer some assistance and my response is going to take some work on your part. There are a number of websites that will provide you with the value of a stock at any given moment in time. What you might consider doing is going back and find the average price of the stock for any given year. I can't tell you that this is going to satisfy the IRS if you're audited, but at least you have a basis to claim that you made your best effort. Unfortunately, no one took the time to photocopy the stock certificates before they were converted to a brokerage account and therefore many of the records have been lost, possibly forever. The best you can do is put forth an effort and try to come up with an average price over that period of time that you can use as a cost basis but under no circumstances should you use zero simply because you have no information.  If you need help in this area, I think would be your best interest to sit down with a fee-only financial advisor and or a competent CPA to help you work through this exercise. I hope this is of some help and I wish you much success.

April 2018
    401(k), Retirement Plans
Do my 401(k) contributions lower my income?
100% of people found this answer helpful
April 2018
    Estate Planning, Asset Allocation, Choosing an Advisor, Stocks
My mother’s advisor says he can’t sell any stocks in her account. Could he possibly be right?
100% of people found this answer helpful
May 2018
    Career / Compensation, 401(k), Taxes
If I cash out my 401(k), what will happen other than being taxed on this amount?
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August 2018
    Taxes, Tax Deductions / Credits, Insurance, Disability Insurance
If I accept a lump-sum payout to close a disability case, what federal tax rate can I expect to pay?
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August 2018