Civic Financial

🚨 Key 2025 Tax Updates for High Earners 🚨 The IRS has announced important updates for 2025 that impact high-net-worth individuals. Here are a few highlights: 📈 Tax brackets increased by about 2.8%, with the top bracket for married filers now starting at $750,000+ 💰 Lifetime gift and estate tax exemption increased to $13.99M per person 📝 Standard deduction raised to $15,000 per person ($30,000 for married filers) 🎁 Annual gift tax exclusion increased to $19,000 per person, up from $18,000 ⚖️ Capital gains write-off cap remains at $3,000, and the $10,000 SALT deduction cap stays the same per the Tax Cuts and Jobs Act (TCJA) Note: ⌛ The TCJA is set to sunset at the end of 2025, cutting the estate tax exemption nearly in half. Now is the time to take advantage of significant tax planning opportunities before it’s too late. Reach out to Civic Financial for help!

What a day of fun last week sponsoring the Boston Inclusive Cornhole Tournament benefiting the Special Olympics Massachusetts! 🌟 Civic took home the trophy, but the real win was supporting such a fantastic cause and spending time with teammates from the Special Olympics. Further strengthening our commitment to inclusivity, four of Civic's advisors hold certifications to best support special needs individuals and their families in their financial planning. #specialolympics #communityfirst #financialadvisor

Yesterday, Shannon Needleman, Connor Hall, Scott DeSantis, and Dan Monaghan, CFP® spoke before the Synergist Network at Bain Capital in Boston. We discussed personal finance for investors, shedding light on how uniquely positioned #synergistnetwork members and many of our clients in private equity are with co-investments, capital calls, and carry. And we brought Brick Street Bagels because our expertise extends beyond personal finance. 🥯 Thank you for having us! #financialplanning

Emilio Bardini, Connor Hall, and Patrick Donoghue had a blast competing in the BSMG 23rd Annual Charity Golf Invitational in support of Amos House and Day One RI. Shout out to Team Civic Financial for bringing home the 'ship for a second year in a row! ⛳

Know any aspiring finance professionals? Civic Financial has begun the recruiting process for its Summer 2025 Internship for rising college juniors and seniors. Financial Analyst Interns work closely with leadership, sit in on client meetings, and learn to create financial plans alongside an award-winning team. To join the squad (or to refer a student from your network), and be a part of something truly special, click here ➡ https://lnkd.in/enT4K3S7 See below for Dorothea Dunne’s recent experience as a Civic intern. #wealthmanagement #internship #teamwork

Civic Financial is proud to serve as title sponsor to the most decorated American squash player of all time, Amanda Sobhy. Amanda is laser focused on the 2028 LA Olympic Games and, at Civic, we sure do love it when people reach their #goals. Let's go, Amanda! 🎾

We are proud to share that Civic Partner and CEO Scott DeSantis was named to the Forbes’ Next-Gen Best-in-State list, which recognizes elite financial advisors nationwide who demonstrate excellence across a wide variety of metrics, along with a deep commitment to serving their clients. Congratulations, Scott! 👏

Earlier this month, the Civic team gathered for a fun-filled team day around Boston. We first sported pruners, loppers, and hand saws to clear invasive species from the trails at #BlueHills. ⛰️ Later, we traded in our tools for drivers, and practiced our swings at Topgolf. 🏌️ #team #communityoutreach #friendsofthebluehills Friends of the Blue Hills

Three cheers for our summer interns! Meet Jack Winston, Dorothea Dunne, Jacob Shulman, and Daniel Milavsky, who are working hard through our 10-week internship program, learning everything there is to know about financial planning and wealth management. In honor of #nationalinternday, we wanted to recognize and thank these four superstars for their contributions to the team. Interns at Civic Financial make an impact from day one. They interact with clients, collaborate with all members of the team, and work directly on customized financial plans. They also get to have fun! Earlier this summer, we treated our interns to a #redsox game, and just last week they attended our summer company outing at TopGolf. Thank you Jack, Dorothea, Jacob and Danny. You are so appreciated! #squad #internship

Earlier this week at the #northwesternmutual Annual Meeting in Milwaukee, Partner and COO Grant Parisi, CFA was recognized on stage for earning a "Top 20" Advisor designation in the country. 🙌 This was Grant's second time making the #top20 list, and was particularly significant this past year because he was simultaneously working to earn his CFA. Thank you, Grant, for your dedication to the firm and our clients, and congratulations on your many accomplishments! 🎉 #GrowthMindset