In the News

Engaged, informed, and connected.​ 

At Sowa Financial Group, we believe that an informed public is essential to the welfare of the community, which is why our advisors do their part to communicate their insights in the media. Here are some of their contributions.

WPRI 12 News: How to Start Saving For Retirement

by: Sarah Guernelli
Posted: Jul 22, 2024 / 05:55 PM EDT

WPRI 12 News: How to Start Saving For Retirement

PROVIDENCE, R.I. (WPRI) — Planning for retirement can be a challenge since the cost of living has gone up, but a financial expert says now is the time to start saving.

Donna Sowa Allard, a CERTIFIED FINANCIAL PLANNER® professional from Sowa Financial Group, said the first step is to enroll in the employer matching contribution at work, since it’s easier to save when the money comes directly out of your paycheck.

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WPRI 12 News: What Should I Do With My Tax Refund?

by: Sarah Guernelli
Posted: Apr 9, 2024 / 03:23 PM EDT

WPRI 12 News: What Should I Do With My Tax Refund?

PROVIDENCE, R.I. (WPRI) – The average tax refund was $3,207 in February, according to the IRS.

Financial advisor Donna Sowa Allard says that amount of money can go a long way if a person reviews their financial goals.

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WPRI 12 News: How to Reassess Your Family Budget

by: Sarah Guernelli
Posted: Aug 22, 2023 / 06:42 PM EDT

WPRI 12 News: How to Reassess Your Family Budget

EAST PROVIDENCE, R.I. (WPRI) — With the start of the school year right around the corner, families are trying to cut costs where they can in order to afford classroom supplies.

Donna Sowa Allard of Sowa Financial Group tells 12 News now is the time for families to reassess their budgets. She suggested getting everyone involved, including the kids.

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WPRI 12 News: Rise in Interest Rates Benefits Certain Savings Accounts

by: Sarah Guernelli
Posted: May 4, 2023 / 04:15 PM EDT

WPRI 12 News: Rise in Interest Rates Benefits Certain Savings Accounts

LINCOLN, R.I. (WPRI) — The Federal Deserve boosted interest rates this weak, making it more expensive for people to borrow money.

However, the high interest rates also mean people will finally see some good returns on their savings.

Donna Sowa Allard of Sowa Financial Group said people are much more cautious with their money and are looking into money market accounts, certificate of deposit (CD) accounts, and high-yield savings accounts.

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WPRI 12 News: No Need to Panic Over National Banking Crisis

by: Sarah Guernelli
Posted: Mar 21, 2023 / 07:02 PM EDT

WPRI 12 News: No Need to Panic Over National Banking Crisis

LINCOLN, R.I. (WPRI) — When Silicon Valley Bank and Signature Bank collapsed earlier this month, many Americans became wary of the nation’s banking system.

But financial advisor Donna Sowa Allard tells 12 News there’s no need to panic.

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