Nantucket Maria Mitchell Association Welcomes Richard Sotell, CFP as Featured Guest for May Science Speaker Series

May 6, 2025

NANTUCKET, MA—The Nantucket Maria Mitchell Association (MMA) announces that it will host Richard

Sotell, Certified Financial Planner (CFP) as its May featured Science Speaker Series presenter. His presentation “The Science of Money: The History of Tariffs and Taxation” will take place on Wednesday, May 21 from 7 – 8pm EST. The presentation will take place on Zoom and pre-registration is required. This event is free to all.

 

Join the MMA and financial expert and top 401(k) advisor, Rich Sotell, for a discussion on the history of tariffs and taxation. Taxes and tariffs have played a major role in shaping nations. In America, British taxes and tariffs on goods like tea and paper helped spark the American Revolution. Later, U.S. tariffs were used to protect young industries from European competition. Today, taxes fund public services such as education, healthcare, and infrastructure, while tariffs are still used strategically—sometimes to encourage domestic production, other times as tools in international negotiations. Rich Sotell will discuss in detail how taxes and tariffs began and their relationship to our global economy.

 

Sotell has been involved in the financial industry since 1975 and is a founder of the Kraematon Group and is responsible for the operations of the 401(k) division. He has developed marketing programs for both banks and mutual fund companies in the areas of IRA and 401(k). Sotell is a tax law expert concerning distributions from qualified retirement plans and IRA’s. He has lectured on these subjects to insurance company executives, on radio, and at several professional education programs. Sotell is currently a contributing member to several high level 401(k) advisory boards in the mutual fund and payroll industries. He was named by the Financial Times as a 2015 and 2016 “Top 401 Retirement Advisor,” a list of 401 elite professionals specializing in U.S. defined contribution plans. 

 

Sotell earned a Bachelor of Arts degree from Colgate University in 1975. His professional designations include Certified Financial Planner (CFP), Investment Company/Variable Contracts – Series 6 Registration, and a Uniform Security Agent – Series 63 Registration.

 

The Kraematon Group is a leading 401(k) consulting firm headquartered in Wellesley, MA. In addition to providing 401(k) consulting services to Allied American Insurance Agency and its former parent Arbella Insurance, Kraematon consults with over 3% of all Massachusetts based public companies regarding their 401(k) plans.


Pre-registration is required. To register for this event, please follow the link below: https://us06web.zoom.us/webinar/register/WN_Bnb-sSBXSoqzss6aiArh9w#/registration

 

About the Maria Mitchell Association: The Maria Mitchell Association was founded in 1902 to preserve the legacy of Nantucket native astronomer, naturalist, librarian, and educator, Maria Mitchell. After she discovered a comet in 1847, Mitchell’s international fame led to many achievements and awards, including an appointment as the first female professor of astronomy at Vassar College. Maria Mitchell believed in “learning by doing” and today that philosophy is reflected in the MMA’s mission statement, programs, research projects, and other activities. The Maria Mitchell Association operates two observatories, a natural science museum, an aquarium, a research center, and preserves the historic birthplace of Maria Mitchell. A wide variety of science and history-related programming is offered throughout the year for people of all ages.

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For Immediate Release

May 6, 2025

Contact: Molly Mosscrop

mmosscrop@mariamitchell.org

Recent Posts

Maria Mitchell In Her Own Words

By Jascin N. Leonardo Finger • June 16, 2025
June 1851 My Dear Sister . . . . Mrs. Dassel has painted me kneeling at my telescope. It looks like Adeline Coffin and is of course not handsome. If thee was here thee would have Mitchell’s {William Mitchell Barney, son of Sally and Matthew Barney} painted at once. She has a head of a child N. P. Willis that is very lovely. She has taken a room at the Atheneum and put up about a dozen pictures – very beautiful – Isabel is lovely. She has not tried to make a portrait, but a very pretty picture . . . . She is now engaged on Abra’m Quary – he is much flattered by it and it will be a fine portrait. I think we shall buy it or a copy for the Atheneum . . . . She will paint father also for herself – having made a pencil sketch . . . .We like her very much . . . . The above is from a letter sent by Maria Mitchell to her eldest sister, Sally Mitchell Barney. In it, Maria details what everyone in the Mitchell family is up to. She includes some details about Herminia B. Dassel, an artist who came to Nantucket to paint the last Native Americans and also took an interest in the famous Mitchell family. This was of course four years after Maria’s discovery of the comet. At the time of this letter, Maria was still the librarian for the Atheneum and the portrait of Quary that she mentions possibly buying for the Atheneum, she did buy as it hangs in the Atheneum by the front door today. Another Dassel portrait of Quary is in the collection of the Nantucket Historical Association and the portrait of Isabel Draper is currently on display at the NHA’s Whaling Museum – on loan from a museum in Rhode Island. The portrait Maria states she posed for at the start of the letter is in the collection of the MMA. It was given to us in the early 1990s by Sally’s great granddaughter – the granddaughter of Mitchell whom she mentions above as well. Maria and Dassel would become good friends – Maria was named the godmother of Dassel’s daughter. And the sketch of William made by Dassel that Maria states would become a portrait? It likely did come to fruition. It made its way down a side of the family but was unfortunately lost, likely sold as part of a family estate though we do have a photograph of it and one can tell it is the brush work of Dassel. JNLF

At Long Last!

By Jascin N. Leonardo Finger • June 9, 2025
After several yes’s and then several no’s, not going to have time, we have indeed received the final layer of asphalt on Vestal Street. This goes back to last March and April when we finally had our sewer and waterlines replaced. While I am all about preservation, 1903 piping is a bit old and tired and filled with tree roots to make the passage of sewer sludge quick and easy. While we still await some fixes to curbing – we have our original concrete curbs from 1946/1947 when Vestal Street was first paved – it was dirt until then! – some of them have been buried by time and just need some suavity to pull them up and get them back where they go. Thank you to the Town, N&M, and Victor Braden for completing the work thus far. But, with the paving completed, we may possible begin the replacement of some of our picket fencing and we have permission to restore our fences to what originally existed along the street in the 1920s and earlier – the rail was a rolled, thick top – and we are excited to use some grant funding to make that happen. Stay tuned! JNLF

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