Corey Peterson, President of Bayside Tax & Wealth, was recently honored with the "Businessperson of the Year" award by the Port Washington Chamber of Commerce. This recognition highlights his commitment to ensuring that his clients' interests are always prioritized, aligning with the firm's values of trust and integrity.
Peterson has strived to make Bayside Tax & Wealth a trusted neighborhood advisor and fiduciary, a place where clients receive unbiased advice from a team that knows them and their families personally. Debbie Grecco-Cohen, President of the Port Washington Chamber of Commerce, praised Peterson and his team for building an outstanding business that not only meets the financial needs of the community but also actively gives back through time and effort.
Growing up in a family of entrepreneurs and community service advocates, Peterson has always understood the symbiotic relationship between local businesses and the communities they serve. Under his leadership, Bayside Tax & Wealth embodies this community-focused business model, offering top-notch service at a reasonable price while supporting the local area.
Bayside Tax & Wealth stands out in the financial services industry by offering a comprehensive suite of wealth management services under one roof. Clients can turn to Bayside for:
- Financial Planning: Tailored advice that reflects clients' current lifestyle and future goals.
- Tax Planning and Preparation: Proactive tax strategies that allow for adjustments before year-end.
- Investment Management: Aiming to maximize returns across all investments, not just those under direct management.
- Estate Planning: Employing strategies to simplify estate administration and reduce estate tax taxes.
Peterson's journey with Bayside began in a spare bedroom in his Port Washington home, eventually growing to an office on Main Street, and now expanding to a new location in Huntington, NY. The path hasn't always been easy, with the challenges of navigating changing tax laws and an evolving economy, but Peterson's dedication is evident—often working late into the night during tax season.
Beyond his professional responsibilities, Peterson is deeply involved in the community. He serves as the Chairperson of the Nautical Advisory Council for the Port Washington Public Library, Secretary of the Chamber of Commerce, and has held various roles in numerous organizations. His team at Bayside also actively participates in community service, volunteering at local events, serving on committees, and more.
What began as a career to provide unbiased financial advice to his family has, over the past 25 years, evolved into a firm with specialists in financial planning, income tax planning, and investment management, serving families both locally and across the country.
As Bayside expands into Huntington, with plans for further growth across Long Island, Peterson remains committed to hiring locally and continuing to give back to the communities that have been instrumental in Bayside's success.