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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January 2017
    Asset Allocation, Estate Planning
November 2016
    Estate Planning
October 2016
    End of Life, Estate Planning
October 2016
    Estate Planning, Lifestage Based Planning
June 2017
    Estate Planning

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How do I determine the best pension plan for me?
100% of people found this answer helpful

This is always an interesting question and what I usually hear is that a pension plan is dropping its lump sum option rather than adding one. First, consider this a worthwhile option regardless of whether you take it. The key to this decision is to understand that if you elect an annuity from the pension plan, the rates that are being quoted were somewhat guaranteed to the corporations pension plan years ago. These rates, in and among themselves, may not be competitive. Let's take an example. The pension plan may offer you, beginning at age 65, a monthly annuity for the rest of your life at $500 a month. They will also offer you a joint survivor annuity and let's say that they're willing to pay your wife 50% of what you take if she outlives you for the rest of her life. As you know nothing in life is free so instead of you getting $500 a month, you take it for $440 a month and at 50%, she would get $220 a month for the rest of her life if she outlives you. When this option is presented to you prior to retirement, your best bet is to determine whether in fact other insurance companies, outside of your Corporation, will offer you more than $500 a month.

At this point you have a lump sum and that is extremely attractive to insurance companies. So never take for granted that the rate you're getting from the pension plan is the best rate for you and your wife. The downside to taking an annuity is that at the death of you or in the case of a joint & survivor annuity, your wife, there is nothing left for children. The advantages are that you can never run out of pension payments and this needs to be taken into consideration as a guarantee. In the alternative, the lump sum is always extremely attractive to many individuals because if they can outlive the lump sum distribution in the form of an IRA rollover, there is something left for the children. Obviously there are the pros and cons but hopefully this gives you enough to start your research in trying to determine which may be better for you and your family. These are big decisions and I would strongly recommend that you hire a fee-only financial advisor to assist you when the time comes. You can find a local fee-only planner at the following website and be assured that these planners will not to try to sell you any products of any kind..   I hope this helps and good luck

September 2016
    Lifestage Based Planning
What should a teenager do with a lump-sum of money to ensure his wealth in the future?
100% of people found this answer helpful
January 2017
    Estate Planning, Stocks
Should my mother sell her stock now or let it go into her estate upon her death?
100% of people found this answer helpful
February 2017
    Taxes, Income Tax
Can you break down the indexation of capital gains in the tax code?
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January 2017
Am I financially responsible?
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October 2016