Sax Wealth Advisors Named to Accounting Today’s 2022 “Wealth Magnet” Rankings of Nation’s Top Firms

PARSIPPANY — Sax Wealth Advisors, LLC, a registered investment advisory firm and financial planning subsidiary of Top 100 accounting, tax, and advisory firm, Sax LLP, has been named to Accounting Today’s 16th annual “Wealth Magnets” list recognizing the Top 150 CPA firms in financial planning nationwide. It is the fifth consecutive year Sax Wealth Advisors has been recognized by the industry’s leading media property.

Sax Wealth Advisors is located at 389 Interpace Parkway, Third Floor.

The award rankings are based upon Assets Under Management (AUM). Sax Wealth Advisors, which reported AUM of more than $1.5 billion, was once again ranked in “The Billion Dollar Club,” the highest category on the “Wealth Magnets” list.

“We are honored to once again be recognized by Accounting Today as a leading firm in the country by Assets Under Management and acknowledged for our success in helping clients navigate the market and their personal goals,” said Kyle R. Stawicki, Partner-in-Charge of Sax Wealth Advisors. “This award is a testament to our team of financial advisors’ financial planning philosophies and strategies and I look forward to continuing our commitment to our clients and their financial growth.” 

Sax Wealth Advisors is an independent registered investment advisor offering financial services built on integrity and meaningful client relationships. The firm is recognized by the National Association of Personal Financial Advisors (NAPFA) as a fee-only firm and has offices in Parsippany, NJ, Pennington, NJ, and New York City, NY. The firm provides customized investment and financial solutions for individual wealth management, in addition to employer retirement plans. Sax Wealth Advisors is a wholly-owned subsidiary of Top 100 accounting, tax, and consultancy firm Sax LLP. For more information click here.

AWARD DISCLOSURE

The 2022 Wealth Magnets Ranking of the Top 150 Firms by AUM is published by Accounting Today, an independent company unaffiliated with SAX Wealth Advisors, LLC. The ranking is exclusively by assets under management and is based on submissions by over 200 firms. AUM reported is comprised of assets under management as well as under administration. The dates used by firms submitting data vary. Data is provided by Audit Analytics, an online intelligence service that delivers audit, regulator, and disclosure analysis to the accounting community. Information from these sources is deemed to be reliable, but accuracy cannot be guaranteed.

Sax Wealth Advisors did not pay to be included in this ranking. Working with a ranked advisor should be evaluated properly and has no correlation to investment results. Working with a highly-ranked advisor does not ensure that a client or prospective client will experience higher performance or results. Third-party rankings are no guarantee of future investment success or performance. This ranking is conducted by a third-party provider and not meant to serve as an endorsement for Sax Wealth Advisors. Rankings should not be considered an endorsement of the wealth manager by any client nor are they representative of any one client’s evaluation. Provided for informational purposes only.

Please see the full list of rankings here.

Fireworks Display and Concerts – Road Closing and Information

PARSIPPANY —  For all those planning to attend the Parsippany Fireworks and Concert, on Monday, July 4, at the Parsippany Hills High School, we want everyone to be safe and enjoy the show, so please take note of the following information:
Gates open at 6:00 p.m.
Concert at approx.- 7:30 p.m.
Fireworks at approx.- 9:30 p.m.

Note: No parking will be allowed at Littleton Elementary School (located on Brooklawn Drive) or Parsippany Baptist Church (located on Littleton Road) due to construction on the properties.

*Please plan alternate travel routes if you are not attending the event. There will be traffic delays in the area of Rt. 53, Park Road, Brooklawn Drive, and Route 202 during this time.

*Everyone in attendance will proceed through a Police checkpoint prior to entry.
*Intoxicated persons will be DENIED entry.
*All BAGS & CONTAINERS are subject to inspection.
*THE FOLLOWING IS PROHIBITED:
– GLASS CONTAINERS
– ALCOHOLIC BEVERAGES
– PETS
– PERSONAL FIREWORKS (Even the Legal ones)
– DRONES (or other types of Aircraft)
*PARKING FOR PEOPLE WITH DISABILITIES (Proper Placards Must Be Possessed) – Limited Parking at the Tennis Courts. Access can be gained via Glencove Road. Golf carts will be present to assist with transporting people needing assistance on the hill.
*O.E.M. PERSONNEL AVAILABLE FOR ASSISTANCE:
We will have volunteer members of the Parsippany Office of Emergency Management wearing Hi-Visibility Lime/Green Shirts at the event available for directions and guidance.

Parsippany-Troy Hills Council Meeting will be held on Tuesday, July 5

PARSIPPANY — Parsippany-Troy Hills Council Meeting will be held on Tuesday, July 5.

Regular Township Council Meetings will commence at 7:00 p.m. All meetings will be held on Tuesday evenings. All meetings will be held in the Municipal Building, 1001 Parsippany Boulevard, Parsippany. Formal action may or may not be taken at all scheduled meetings.

Click here to download the agenda.

Any individual who is a qualified disabled person under the Americans with Disabilities Act may request auxiliary aids such as a sign interpreter or a tape recorder to be used for a meeting. Auxiliary aids must be requested at least 72 hours prior to the meeting date. Please call (973) 263-4351 to make a request for an auxiliary aid.

Click here to download the 2022 agenda schedule.

Mayor and Council

Mayor James R Barberio
Councilman Paul Carifi Jr.
Councilman Frank Neglia
Council President Michael J. dePierro
Council Vice-President Loretta Gragnani
Councilman Justin Musella

Ruben Gonzalez Charged with Network Distribution of Child Sexual Abuse Material

MORRIS COUNTY — Morris County Prosecutor Robert J. Carroll, Chief of Detectives Christoph Kimker, and Morristown Police Department Chief Darnell Richardson, filed additional charges against Ruben Gonzalez, 19, Morristown.

Mr. Gonzalez was charged with one count of Leader of a Child Pornography Network, in violation of N.J.S.A. 2C:24-4.1a, 2nd Degree; one count of Possession of Child Pornography with Intent to Distribute, in violation of N.J.S.A. 2C:24-4B(5)(a)(ii), 2nd Degree; one count of Distribution of Child Sexual Abuse Material, in violation of N.J.S.A. 2C:24-4b(5)(a)(i), 2nd Degree; one count of Endangering the Welfare of a Child, in violation of N.J.S.A. 2C:24-4b(3), 1st Degree; eight counts of Endangering the Welfare of a Child, in violation of N.J.S.A. 2C:24-4b(4), 2nd Degree; 11 counts of Invasion of Privacy, in violation of N.J.S.A. 2C:14-9b(1), 3rd Degree; and three counts of Computer Criminal Activity, in violation of N.J.S.A. 2C:20-25e, 3rd Degree.

The defendant was arrested on the above charges on June 27, following an examination of the defendant’s cell phone.

It is alleged that on or between December 2, 2020, and November 5, 2021, the defendant conspired with others to lead a child pornography network, using the Telegram Application to communicate and coordinate the distribution of child sexual abuse material. It is also alleged that the defendant would use the “Screen Record” option on his cell phone to secretly record and save the sexual activity of the victims, without their knowledge or consent.

Some of the victims of the defendant’s conduct were minors. The defendant is currently detained at the Morris County Correctional Facility on the above charges and three separate Morris County Indictments charging him with Aggravated Sexual Assault, Endangering the Welfare of a Child, Criminal Sexual Contact, and Invasion of Privacy. His next court appearance is scheduled for July 12.

Prosecutor Carroll would like to thank the Morristown Police Department and the Morris County Prosecutor’s Office’s Internet Crimes Against Children Unit (ICAC) for their efforts in the investigation and arrest of this defendant.

Editor’s Note: An arrest or signing a criminal complaint is merely an accusation.  Despite this accusation, the defendants are presumed innocent unless and until he or she has been proven guilty beyond a reasonable doubt in a court of law.

Webber Proposes Cutting Sales Tax to 6%

MORRIS COUNTY — Assemblyman Jay Webber speaks on a bill that would create a pithy 10-day tax holiday on school supplies and proposes taxpayers get real savings by lowering the sales tax to 6%.

Abby Matheis Becomes Parsippany’s Latest Mayor

PARSIPPANY — Abby Matheis became Parsippany’s Latest Mayor on Thursday, June 30.

Mayor James Barberio issued a certificate proclaim “Abby Matheis” Mayor for a Day.

Mayor James Barberio issued a certificate proclaim “Abby Matheis” Mayor for a Day.
Abby was greeted at Parsippany’s Town Hall by members of the Parsippany Police Department as she walked in with Mayor James Barberio.

Abby was greeted at Parsippany’s Town Hall by members of the Parsippany Police Department as she walked in with Mayor James Barberio.

Once in Town Hall she entered the Mayor’s Office and took a seat at the executive empire.

Abby Matheis, 13, is Parsippany’s “Mayor of the Day”
Abby was given orders to James Barberio

Then she had to get to work.  She called a meeting with all of Parsippany’s department heads to give her an update on Parsippany’s happenings. The good news is no one was terminated today during the meeting.

Barberio looks on as Abby heads the meeting of Parsippany’s Department Heads. The Administrative secretary to the Mayor, AnnMarie Ferrara, took the minutes of the meeting.

After the meeting she attended lunch at Gourmet Cafe.

Abby is a student at Central Middle School.

Reprinted from Parsippany Focus Magazine – July 2022. Click here to read complete magazine.

Missing Dems Cause Tense Moment During Whirlwind Assembly Session

MORRIS COUNTY — Aides were caught casting votes for missing Democrat lawmakers during a four-hour Assembly session on Wednesday that passed a massive $50.6 billion budget, a controversial gun-control package, and abortion bills fast tracked over three days.

Many passed with only a few more votes than the 41 required. Democrats currently have a 46-34 majority.

Assemblyman Brian Bergen called to use a rare procedural motion to put the house “under call” to compel members back into the chamber and cast a vote.

“On the majority party side I now count twelve staffers in seats and I’m concerned,” Bergen (R-Morris) noted on the Assembly floor. “We have so much important stuff to debate and discuss today and the members are not available to hear all our sound arguments before they vote.”

The procedure was last used by the Legislature in 2015 as the Democratic majorities attempted to override Gov. Chris Christie’s conditional veto of legislation on expunging mental health records.

Morris County Prosecutor’s Public Safety Announcement For Parents and Children

MORRIS COUNTY — The Morris County Prosecutor’s Office is dedicated to educating the general public about the risks and potential hazards relating to Child Sexual Abuse Material Child Pornography and the misuse of technology by children.

They also continue to promote increased awareness of the recommended safeguards that can help to prevent the victimization of our children. During the past several years, there has been a dramatic increase in online activity among our nation’s youth. Law enforcement agencies across the country are seeing a rise in sexually explicit material by children of all ages. This material includes activities such as “sexting” and sending or soliciting nude photographs.

With a generation of youth utilizing electronic means of communication and engaging online as content creators, it is important for parents to have open communication with their children about content sharing and exercise good judgment when it comes to how they interact with others online or through other electronic means, such as email, text messaging, and social media.

With boys and girls involved in these potentially dangerous behaviors, parents should have age-appropriate conversations with their children beginning as soon as they have access to any technological device.  Conversations with children should include a clear explanation as to why it is so important not to send, not to ask others, and not to share sexually explicit images, videos, or other content.

Children must be mindful of what they post and share through these electronic means, because social media and technology document everything, even photos and messages a child may assume was deleted or temporary, or that were intended to be private.  Data shared through electronic means can be accessed and potentially disseminated to others even after being deleted.  Moreover, individuals communicating with children through electronic means can misrepresent their true age, gender, or identity.  The dissemination of electronic data may subject the child to harassment or ridicule, and even create the potential for extortion or kidnapping.

Morris County Prosecutor Robert J. Carroll said, “We at the Morris County Prosecutor’s Office want to enable our youth to make smart choices about how they interact online and through electronic means, as poor decisions can have unfortunate consequences.”

Anyone with any questions can contact the Internet Crimes Against Children (ICAC) Unit or the Sex Crimes/Child Endangerment Unit of the Morris County Prosecutor’s Office at (973) 285-6200.  Persons may remain anonymous.

Parsippany Hills High School Graduation 2022

PARSIPPANY — Principal Dr. Matthew Thompson announced the graduates for the Class of 2022.

The graduates include Ayodeji Adeyanju, Thomas Adubato, Alexa Aguirre, Noelia Aguirre-Reyes, Kazi Ahmed, Antonetta Albano, Shehryar Ali, Waleed Alim, Schenia Denielle Alvarez, Shantel Dominique Alvarez, Matthew Amadio, Michael Amadio, Vaishnavi Amin, Arnaz Amin, Kinzaa Anis, Joseph Antonacci, George Apostolopoulos, Damian Appice, Tyler Arnold, Katharine Arthur, Laaiba Asghar, Brooke Bacile, Akpene Badasu, Katelyn Badke, Aditya Bajaj, Madison Ballesteros, Jenifer Barahona, Rachael Beehler, Saryu Bhupathi, Sarah Campbell, Lauren Carter, Fabian Carvajal, Dean Castellana, Jayson Castillo, Aman Chahal, Kunal Chauhan, Akshat Chavan Patil, Evan Chin, Gianna Chraca, Joshua Christian, Dominick Ciccotelli, Julianna Cirilo, Dhanovan Clinton, Ava Cohen and Joshua Corrales.

Also Dhruvi Dangar, Ryan Dauber, Keshav Dave, Ian Davis, Dylan DeChiara, Alexa Anne Sophia Dela Cruz, Tavishi Deo, Ashvi Desai, Shivam Desai, Manali Desai, Ananya Deshmukh, Radha Dhaduk, Cole Dneaster, Jahre’ Dorsey, Arnav Dube, Kiera Duffy, Aidan Elliott, Marwan Elsoukkary, Jorge Andres Espinosa-Nunez, Kelly Fajardo, Shreeya Faldu, Kenneth Farhan, Jessica Ferro, Lennon Fitzgerald, Sohum Gaitonde, Alessandra Gargano, Juliana Gaudio, William Geiger, Lillian Go, Alexavier Gonzalez, Aidan Gonzalez, Mackenzie Gorman, Aidan Gorman-Caravello, Trevor Govelitz, Alexa Green, Jocelyn Grossinger, Madison Guarneri, Juliana Guerriero, Nia Hardy, Shubhay Harnale, Julia Heller, Daniel Henry, Scott Hilsinger, Veronica Hosig-Rendfrey, Eric Hsu, Eshan Hu, Lourdes Ignacio, Walsh Ingersoll, Adina Istrefi, Trey Iverson, Brandon Jasiecki, Bryan Jetton, Michael Jobst, Dev Joshi, Mishita Kaja, Abhinav Karthik Narayanan, Samantha Kelly, Arnav Khanna, John Kim, Jacob King, Emma Korczak, Ashley Kornreich, Anay Kothana, Ashton Kuczka, Dominic Kuduk, Grace Kugelman, Max LaBarbera, Athan Ladas, Melissa Lalo, Mario Lamperti, Elaine Lau, Ciarra Launzinger, Ava Lee, Lindsey Lee, Ingeu Lee, Emily Lei, Sofia Levytsky, Marvin Li, Vincent Licor, Kaitlyn Lin, Adrina Livingston, Sophia Lopez, Moses Lopez, Alan Lopez and Emma Ludvigsen.

Also Hamdaan Malik, Zoe Mann, Gabriel Mansolelli, Matthew Marin, Jackelyn Martinez, Anya McNulty, Caeden McRae, Matthew Melo, Matthew Memoli, Audrey Meng, Abhilash Menon, Sumaiya Mir, Arianna Miranda, Shreya Mishra, Reagan Moffatt, Siddharth Moharana, Amber Moncada, Emily Montanari, Hannah Mow, Devina Munjal, Reagan Murphy, Akul Murundi, Samarth Muthyala, Dev Nakrani, Nicole Narvaez, Megan Nicita, Gary Nigro, Crystal Nunes, James O’Dowd, Theresa O’Neill, Grace Oppenberg, Junior Orellana De Paz, Eric Ostlin, Dylan Ostolaza, Yaksh Pachchigar, Parth Parekh, Dristi Patel, Mohin Patel, Pooja Patel, Dhara Patel, Dimpiben Patel, Nish Patel, Kanishka Patel, Esha Patel, Neel Patel, Swate Patel, Aarjvi Patel, Krisha Patel, Rajvee Patel, Manav Patel, Darshan Patel, Kyle Peacock, Matthew Pepe, Keerthi Peruka, Joshua Picado, Emma Pierce, Joseph Pizza, Nohemi Plata Ramirez, Kate Pohner, and Lacie Porcelli.

Also Naman Rajyaguru, Samson Rappoport, Jelsey Rendon, Ashwathi Renjith, Edwin Rivera, Gereny Rosario Santos, Roger Rubinetti, Lucas Sadowski, Luis Salazar-Morales, Francie Salling, Victoria Sanchez, Kristen Schaffer, Dominic Scola, Kyle Serra, Madison Serrano, Sahil Shah, Kalash Shah, Seeya Shah, Meet Shah, Sanjith Shankar, Laila Shapiro, Rodrigo Shauy, Jolie Shin, Nicholas Sibilia, Jonathan Sierra, Manjot Singh, Kriss Sitapara, Jack Skennion, Isaiah Spencer Ali, Carly Spiel, Sydney Spindler, Kyra Stensgaard, Dylan Stock, Alexa Stringham, Omar Takieddine, Shaun Tempelman, Anna Terhune, Elliot Terrell, Mira Thakor, Ann Thomas, Andrew Thomas, Matthew Thomas, Emma Timney, Melissa Trujillo, Elizabeth Trunk, Shannon Tseng, Joshua Vadakkedam, Isabella Vadas, Alana Valle, Noga Vardi, Meeka Vardi, Jose Vargas, Akshay Varughese, Gabriella Vazquez, Nicole Vecchia, Abhinav Velati, Nicholas Velicky, Dominick Verducci, Coral Viegas, Samantha Villanueva, Ryan Wald, Kylie Wan, Aidan Waters, Logan Weaver Lauren Werfel, Olivia Yang, Jona Yenzer, Kalyna Yurchuk, Nicholas Zigman and David Zilinskis

Santosh Peddi Elected President of Par-Troy Hills Rotary

PARSIPPANY — At an installation ceremony on June 26, was elected President of the Rotary International Club of Parsippany-TroyHills District 7475.

Santosh Peddi was elected President of the Rotary International Club of Par-Troy-Hills District 7475

“I have been working as President-elect for past two terms (2019 to 2022) and also as Rotary Public Relations Director of District 7475. I am proud to be a Rotarian! It is an honor to see our club thriving and humbled to be part of the great initiatives and progress. Our Board members, advisors, and fellow Club officers and members, all have been working as a team, and we will continue to do our best to meet the next goals. Our club has been built on a strong,” said Santosh Peddi.

“Team-ship foundation and I am fortunate to have a membership that is fully committed to the Rotary ideal of Service Above Self and continues to go the extra mile in building and following the Rotary services and carrying out the many worthwhile projects that we undertake for the benefit of our community,” he continued.

Let’s all take this opportunity to Congratulate Immediate Past President BettyLou DeCroce and our Board members for successfully completing it.

A special thank you to BettyLou DeCroce and all of the outgoing board members.

Santosh said “We also like to congratulate the eight new Board members and welcome as they joined to take the fellowship of Rotarians!! We all are very proud to see new members taking roles, duties, and responsibilities to be part of the Service Above Self.”

NJ-State elect Governor Sam Maddali and Santosh Peddi

We would like to thank the NJ-State elect Governor Sam Maddali for being our role model and also for doing the installation in the district successfully.

“I would like to Thank Marc Lebowitz, Advisory to the Governor for his continued Kind Support to our team, mentoring and guiding great things to the club’s progress. Our club is grateful and honored to have the most Senior Rotarian Michael DePerrio played various roles in the Rotary also he is Parsippany-Troy Hills Council President and we Thank him for making all of us inspiring!”

The event was attended by most of the elected officials from District 11 / Morris County / Parsippany including District 11 House of Representative Candidate Paul DeGroot, Parsippany-Troy HillsMayor Jamie Barberio, Parsippany-Troy Hills Council President Michael dePierro, and Council Vice President Loretta Gragnani.

The Rotary compassion and the ability to open our hearts to those in need combined with our commitment to sharing our time, talent, and treasures with those who are less fortunate is what causes ordinary Rotarians such as ourselves to do the extraordinary things that we do. It’s what makes Rotary so magical.

“There are many needy people throughout the community and the world whose only hope will come from Rotary. Let us all leave here ready to make their lives better in any way that we can. As Rotarians, it will not be good enough to give only what we have leftover or what we can spare, but we must truly give of ourselves with new vigor in support of the ideals of Rotary. Let us lead the way as Rotary shares its “Service Above Self” legacy. We will be fortified with the necessary knowledge, skills, and tools too… Share the Magic of Rotary,” said Santosh Peddi.