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Fiorile Financial Advisory Group
  

Fiorile Financial Advisory Group

          Accounting | Tax | Investment | Business Services

ACCOUNTING | TAX | INVESTMENT | BUSINESS SERVICES

Industries in which we heavily serve include:
  • Law Firms
  • Engineering Firms
  • Medical Practices and Clinics
  • Dental Practices
  • Construction Companies
  • Manufacturing Companies
  • Resorts, Hotel and Hospitality
  • Non-profit Organizations
  • Private Educational Institutions
  • Small Businesses
About Us

The Fiorile Financial Advisory Group was created nearly 30 years ago in the Historic Village of Saranac Lake, New York, which is located in the Olympic and High Peaks Region of the Adirondacks, a resort area. 

Minutes away from Saranac Lake is where the 1932 and 1980 Winter Olympics were held in Lake Placid, NY.

Our Community

Surrounded by mountains, lakes and beauty, our office (known as the Fiorile Building) is a late 1800's Victorian Mansion that showcases breathtaking handcrafted, detailed woodwork throughout the building.  Recognized throughout the Village by its bright red tiled rooftop and its generous wrap-around porch, our building's view of Lake Flower can be seen in this photograph.  (Photograph is of Kiwassa Road from Lake Flower, Village of Saranac Lake, New York.  Photographer is Mr. John Eldridge. Copyright 2011.  All rights reserved.)    

                                           

Our staff and our tenants all live and work in this resort region of the Adirondacks, with beautiful Saranac Lake having a very rich history in healing and healthy living.  Well known for curing tuberculosis in the 1800's and early 1900's, Saranac Lake is famous for its "cure cottages," which attracted patients, physicians, scientists and visitors from around the world.  Saranac Lake was (and still is) reputed to have rejuvenating air quality coupled with the aroma of pine and balsam, which was (and still is) thought to have healing qualities.  For those seeking solitude, peace and serenity, Saranac Lake is reputed today as the place to stay for self-reflection, inspiration, spiritual connection and inner peace.  For this reason, many famous people have lived in Saranac Lake, NY.


For example, while living in Saranac Lake, Robert Louis Stevens wrote "Treasure Island."  While Mark Twain was living here, Mr. Twain wrote the "Double-Barreled Detective Story."   The great Hungarian composer Béla Bartók spent the last summer of his life in Saranac Lake, writing two pieces, his Third Piano Concerto and his Viola Concerto.  The cartoonist Garry Trudeau, who draws the Doonesbury comic strip, was raised in Saranac Lake.  And, Albert Einstein had a summer cottage here and was frequently seen in his canoe on Lake Flower fishing for his favorite local cuisine, Bullheads!  Among several United States Presidents who have frequented Saranac Lake is President Calvin Coolidge and President Bill Clinton.  


Nicknamed as the "Capital of the Adirondacks," Saranac Lake is ranked 11th in the United States in The 100 Best Small Towns in America.  Saranac Lake was also named as an All-America City in 1908, and is named as one of the Dozen Distinctive Destinations by the National Trust for Historic Preservation.  In fact, 186 buildings in our village are listed on the National Register of Historic Places.

Most recently, National Geographic featured Saranac Lake, NY in its July 2012 publication.

Our Philosophy

The cultural effect of living, working, playing and raising our families in this Adirondack community is evident in our business practices, as well.  Rather than treating the symptoms of your organization’s financial challenges, the Fiorile Financial Advisory Group applies a holistic approach.  


The totality of our organization encompasses four key critical areas that are essential to your financial health. Whether you are a retiree concerned about how long your resources will last, an executive director of a non-profit organization concerned about the potential of losing funding, or a well-seasoned entrepreneur adversely affected by current economic challenges, the Fiorile team handles all components of what it takes to achieve the results you require.  


Our ensemble of professionals provides a diverse perspective and wide range of solutions to addressing the problem areas of your business or organization, threats to your goals, and obstacles to you attaining your bottom line.  From soup-to-nuts, from posting your weekly transactions and payroll to preparing your audited financial statements, all of your financial and business needs are available to you by the Fiorile Financial Advisory Group.  


"Please feel free to call me at 518-891-3290 for an initial 20-minute telephone consultation to explore how our firm can help you. There is absolutely no charge and no obligation."

Joseph E. Fiorile, CPA, PFS


Once we are selected by you to be your full-service accounting firm, we begin by:

 ·       clearly establishing the primary and secondary objectives of your business or organization

 ·       applying our internal SWORT Analysis to determine:

STRENGTHS

WEAKNESSES

OPPORTUNITIES

RESOURCES

THREATS

 ·       We then prepare a written plan detailing:

 WHAT

 WHEN specific steps will be achieved

 HOW certain benchmarks will measure results 

 WHY

             Finally, we meet with you on a regular basis to assess and adjust, as needed.

Regardless of the size of your business, organization or personal portfolio, whether you are local or hundreds of miles away, the Fiorile Financial Advisory Group is committed to finding ways to help you successfully achieve your objectives.  That’s our bottom line.

Our Group

Joseph E. Fiorile, CPA, PFS

Mr. Fiorile has been practicing in Saranac Lake, NY since 1987 and the owner of his own accounting and advisory practice since 1999. Prior to his move to Saranac Lake, NY, Mr. Fiorile worked for a large accounting firm in New York City, M. R. Weiser and Co., CPA’s.  (now WeiserMazars, LLP) 


During the years, Mr. Fiorile has been engaged in the following practice areas, among others:


  • All areas of individual taxation
  • Alternative Minimum Tax matters
  • Partnership taxation
  • All types of corporate taxation, including extensive S corporation issues
  • Estate, trust and gift tax matters
  • Several industries including cable television, real estate and non-profit entities
  • All manners of self-employment situations
  • All levels of attest services for various types of entities; audits, etc.
  • Business consulting such as succession planning, buy-sell agreements and profitability analysis
  • All components of financial planning
  • Portfolio management (investment assets custody – TD Ameritade Institutional) 


Mr. Fiorile has combined the various components that the firm has practiced in, and combined with other professionals, formed the Fiorile Financial Advisory Group. The objective is to have a comprehensive entity that can deliver a high-level to many different current and future clients.


EDUCATION | CREDENTIALS

B.S. in Accounting, SUNY Utica

B.A. in English, SUNY Brockport

A. A. in Liberal Arts, Mohawk Valley Community College

Certified Public Accountant

PFS designation (Personal Financial Specialist); American Institute of CPA’s accredited financial planner

Registered Investment Advisor (through Fiorile & Associates, LLC); registered with the SEC and NYS


PROFESSIONAL AFFILIATIONS

American Institute of Certified Public Accountants

New York State Society of Certified Public Accountants


COMMUNITY SERVICE

Served on the Finance Council of St. Bernard's Church

Local representative of PAL Youth Football League

Coached several local youth sports

Past President Saranac Lake Area Chamber of Commerce 



Carolyn T. Bryson, Director of Business Services
 
Ms. Bryson provides a unique, yet diversified dynamic to the Fiorile firm.  Professionals and business owners benefit by her wealth of knowledge and experience in such areas as management, accounting, organizational management, mediation and alternative dispute resolution, professional development, human resources, business plans, woman business owner certification, and the like.  

Mrs. Bryson’s banking and finance career began in 1978 where she held several managerial mid-to-high level positions, specializing in consumer and commercial lending.  


  • Central Trust Bank (Rochester, NY)
  • Regional Sales Manager with Household Finance Corporation (Boston, MA)
  • Vice President of RGP Funding, Inc. (Rochester, NY)
  • Compliance Officer and Senior Lending Officer Marine Midland Bank (Buffalo, NY)


Her 15 year career encompassed a diverse range of experience in the finance industry, including banking and finance regulations, residential and commercial real estate transactions and financing arrangements, new home construction financing, real estate appraisals, home improvement transactions, farm loan transactions, agricultural and land use disputes, consumer revolving charge transactions, business contracts, broker agreements, financial planning transactions, collections, accounting, insurance, automobile financing, personal loan financing.

 

In 1993, Mrs. Bryson made a mid-life career change as she entered into the field of alternative dispute resolution by going back to college to acquire her BS in Psychology and Human Development, majoring in conflict resolution.  Her new career took off rapidly as she began mediating consumer – merchant disputes at the NYS Attorney General’s Office.  Today, she owns two companies.


  • President of ACCORD Mediation - Canandaigua and Saranac Lake, NY
  • President of ADDENDA Solutions - Canandaigua and Saranac Lake, NY
  • Former Director of Monroe County Mediation and Arbitration Programs CDS - Rochester, NY
  • Former employee for the New York State Attorney General’s Office – Rochester, NY


EDUCATION

B.S. degree in Psychology and Human Development, Majoring in Conflict Resolution and Alternative Dispute Resolution Studies Cornell School of Industrial and Labor Relations and SUNY Empire State College.

 

PROFESSIONAL AFFILIATIONS

She holds several certifications as a mediator for New York State Office of Court Administration:

                Community Mediation

                Child Custody and Visitation

                Reconciliation, Family, Eldercare and Divorce Mediation

                PINS Mediation

                Child Permanency

                Train the Trainer


 

PROFESSIONAL and COMMUNITY SERVICE

  • Volunteer Mediator and Arbitrator for the Center for Dispute Settlement of Rochester (CDS) 1994 to  present
  • Volunteer Arbitrator for the Matrimonial Fee Arbitration Commission NYS 7th Judicial District 1997 to present
            

                                           

Fiorile Financial Advisory Group

P.O. Box 1295

126 Kiwassa Road

Saranac Lake, New York  12983

518-891-3290

Copyright © 2014 Joseph E. Fiorile, CPA, PFS.  All rights reserved.





Joseph E. Fiorile, CPA, PFS is the founder of Fiorile Financial Advisory Group.  He is a member of the American Institute of Certified Public Accountants, a member of the New York State Society of CPAs and is past president of the Saranac Lake Chamber of Commerce.

 

Also a member of the Fiorile Financial Advisory Group is Carolyn T. Bryson, NCM, Executive Director of ACCORD Mediation Services and President of ADDENDA Solutions.  Carolyn is a member of the New York State Dispute Resolution Association in Albany, NY, as well as a member of the New York State Council on Divorce Mediation.  In addition to being an advanced-practitioner member of the Association for Conflict Resolution and a member of the Rochester Association of Family Mediators, she served over 6 years as a board member of the New York State Dispute Resolution Association in Albany, New York.

 

Although the Fiorile Financial Advisory Group is headquartered in the Historic Village of Saranac Lake, New York, which is considered to be the heart of the Adirondack Mountains in Upstate New York, the Fiorile Financial Advisory Group and its predecessor incarnations have had clients from all areas of the United States.  Since our clients have a diverse range of issues and needs, the Fiorile Financial Advisory Group has earned its reputation for the wealth of knowledge and expertise we bring to our clients.

 

Helping private individuals, small business owners, professional service providers and non-profit organizations throughout the seven regions of the Adirondacks, the Fiorile Financial Advisory Group  provides services in Malone, Plattsburgh, Lake George, Glens Falls, Old Forge, Tupper Lake, Lake Placid, Saranac Lake, Burlington, Vermont, Long Lake, Cranberry Lake, Star Lake, Harrisville, Watertown, Potsdam, Canton, Troy, Syracuse, Auburn, Geneva, Canandaigua, and Rochester, NY.



126 Kiwassa Road, Saranac Lake, NY 12983

Welcome to the Adirondacks

The Adirondack Park: Adirondack Mountains

When the Adirondack Park was created in 1892 by the State of New York - this diverse mountain landscape was a wild place. Full of pristine waterways, boreal forests and the towering Adirondack Mountains. It was land ripe for cultivation or conservation, and it was already on the brink of wide-spread deforestation.


Clear cutting was a growing concern for many in the late 1800s, but it wasn't until 1894 that the Adirondack Forest Preserve was established and recognized as a constitutionally protected Forever Wild area. Of the Adirondack Park's 6 million acres, 2.6 million acres are owned by the state. The remaining 3.4 million acres are privately owned.


Within the Adirondack Region is the largest publicly protected area in the contiguous United States. It is also home to 105 towns and villages. There is often a misperception that the Adirondack Park is a national or state park, yet the region's mix of public and private land allow for conservation and civilization to thrive.


6 Million Acres Forever Wild

The Adirondack Park was created in 1892 by the State of New York amid concerns for the water and timber resources of the region. Larger than several states in New England, bigger even than Yosemite, Yellowstone, Glacier, Grand Canyon and the Great Smokies National Parks combined - the Adirondack Park contains the largest protected wilderness area east of the Mississippi.


Seven distinct geographical regions are located within the Adirondacks: the Adirondack Wild, Lake George Region, Adirondack Coast, Adirondack Lakes Region, Lake Placid Region, Adirondacks-Tughill and the Adirondack Seaway.


7 Adirondack Regions

The Adirondack Park is made up of seven distinct regions - each with their own striking landscape and unique personality.

The Adirondack Lakes Region is home to the St. Regis Canoe Area, one of the largest designated wilderness canoe areas in the country. The thriving arts scene in Saranac Lake makes this ‘All American City' a hot spot for year-round entertainment and recreation.


Explore the wild coves and waters of the Adirondack Coast. Bring your binoculars and hike the Lake Champlain Birding Trail. Or peddle the Lake Champlain Bikeways, a vast network of scenic road and mountain biking routes. In Plattsburgh, shopping opportunities abound.


The Adirondack Seaway's attractions highlight the St. Lawrence River, an idyllic retreat for boaters. Home to Singer Castle and the Eisenhower Lock, the Seaway is also known for its art and cultural centers, majestic waterfalls and Amish culture.

Ski, skate, luge and sled in Olympic style in the Lake Placid Region. A historic vacation destination set in the heart of the High Peaks, tee-off at scenic Adirondack golf courses or watch the Sinfonietta perform outside on the shores of Mirror Lake. Schroon Lake offers outstanding fishing opportunities and is the home of a thriving arts community, including the renowned Seagle Music Colony.


Whitewater raft down the mighty Hudson River or spend the day boating around the Lake George Region. One of the Adirondack's top family resorts towns, splash away at the Six Flags Great Escape Lodge and Indoor Waterpark, or take a scenic balloon ride over the foothills of the Adirondack Mountains.


Enjoy spectacular outdoor ATV riding, biking, camping and hiking in the Adirondack Tughill Plateau - and the annual Cream Cheese Festival in Lowville. Paddle the Black River, taste hand-harvested wines at the Tug Hill Vineyard or visit the American Maple Museum.


Discover the Adirondack Wild's historic and artistic attractions. Visit Great Camp Sagamore in Raquette Lake and the Adirondack Museum in Blue Mountain Lake. Peddle miles of scenic road and Adirondack mountain bike routes, or enjoy a night under the stars at one of the many back country camp sites.


The new Adirondack Carousel just opened 5/30/2012

About Historic Village of Saranac Lake

With a historic downtown shopping district, 19th century "cure cottages," delightful restaurants, art galleries, and a variety of locally owned lodging available, the quiet 'hometown' atmosphere is one of our best features! It's not uncommon to be greeted or served by the actual business owner!


The art of life in Saranac Lake is anything but quiet, however! You can spend the day outdoors boating or hiking, visit the world class Wild Center or Adirondack Museum, come back for a fine dinner and then attend an art gallery reception, live theatre performance or concert, or simply sit on a dock, enjoy the sunset and "take the cure" in the Adirondacks!


Year round annual events like First Night, Winter Carnival, the Arts & Heritage Festival, Can-Am Rugby Tournament, Plein Air Festival, 90 Miler Classic Canoe Race, and Artist at Work Studio Tour make sure there is always something to do.


Nothing tops the outdoor recreation "arts" and adventures available in the Saranac Lake area. Experience wilderness adventures like hiking, climbing, and paddling, or more recreational activities like fishing, boating, biking and birding. The 46 High Peaks of the Adirondacks await, as well as 100+ lesser peaks. 


The St. Regis Canoe Area and Northern Forest Canoe Trail make paddler's dreams come true. For casual outdoor recreation there are easy day trips any season of the year. Expert guides and outfitters are also available to assist with trips into the back country.


Come visit our Saranac Lake community and experience all the "arts" Saranac Lake has to offer, from the visual, performing and historic arts to the culinary, literary, healing and recreational arts. 


Create your own "cure!"