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 • July 6, 2026
July 15. {1863} My dear Sally . . . I think Mitchell is all right in his algebra. He can’t stand an examination in Trig but I don’t believe he will have a rigorous one. Father has seen the Prof. and will give him a letter to them.  If you can’t be honest with your sibling, who can you be honest with? Apparently, Sally Mitchell Barney’s son, William Mitchell Barney – known as Mitchell as his cousin William Mitchell Barney was known as Willie (how is that for honoring your father?!) – was visiting his aunt Maria and his grandfather, William Mitchell, at their home in Lynn, MA. Sally still lived on Nantucket and I suspect Mitchell was not only visiting but getting some much needed help with his mathematics by his aunt Maria. As always, she is brutally honest – he won’t pass a test in trigonometry (but, neither would I!). JNLF

Top O’ the Ridge!

By Jascin N. Leonardo Finger • June 29, 2026
In April and early May, at long last, the Mitchell House roof was replaced. (I noted this in an earlier blog.) I had also noted that the roofwalk, given the condition it was in and its location – sitting on the ridge – had to be replaced. They had thought they could jack it up – as they have done with other walks – but the Blizzard of February 2026 that was ALL wind (83 MPH winds – read Category 1 Hurricane) and no real snow, made the walk impossible to treat in such a manner (read: crumble). So, after much discussion, review by our preservation easement holder, and permits, as well as some fundraising, we are replacing the roofwalk. The prior walk was not the original. The original blew off in a gale in the late nineteenth century, replaced at some point in the 1930s, and likely replaced again in the 1960s or 1970s. Then, since that time, it was heavily repaired. Its framing members were notched to accept the ridge boards (read: peak) of the roof and I think that may have been an original way to construct a walk. Makes perfect sense – and gives the walk more support and a lower profile. It was after all about putting out chimney fires and preventing roof fires. People copied what worked – and there have been a few others noted to be built in this manner still. It presents an issue though – because if you need to work on the ridge board or close to it – you cannot get to it easily – I guess you may be able to access it to some extent by lifting the deck boards of the walk. The new Mitchell House roofwalk will sit about six inches above the ridge – which will also allow air to circulate better over the ridge and the shakes in that area. That is the only thing that will really be different. It is protected by a preservation easement – as part of the Mitchell House’s easement – and frankly, even if we did not have an easement, we would not want it to look any different. So keep your eyes to the skies at 1 Vestal as we work to re-build the walk. With a special thank you to Barber and Sons and Lydon and Sons. JNLF

Maria Mitchell In Her Own Words

By Jascin N. Leonardo Finger • June 22, 2026
1875, June 20. A meeting of the Officers of Congress was called at the house of Mrs. Hanaford, 5 Summit Ave., Jersey City. The weather was intensely cold. I went to New York on the 19 th and stopped with my friend Mrs. Clapp, 100 W. 54 St . . . .It was a question who should preside. Mrs. Hanaford thought the Chairman of the Executive Committee should and I had been told that I should, etc. The question was decided by the non-arrival of the Chairman of Ex.Com. I called them to order at an hour after the time appointed. Of course I made many blunders, as I have never presided before, but I continued for 4 hours. We did a few good things . . . The thing most weighing on Maria’s mind at this meeting was the looseness of membership for the Congress. She felt people were not being vetted properly in some areas of the country and thus they may allow in “undesirables.” I would take this to mean women who were not entirely behind the cause of the Congress and the Association for the Advancement of Women. I am not surprised by her suspicions and likely she was correct – one could see naysayers gaining access to this group and trying to destroy it from the inside. The women’s rights movement would have many schisms within it as people disagreed and broke into smaller factions.  Another important thing to point out is that Mrs. Hanaford is Nantucket-born Phebe Coffin Hanaford. Raised a Quaker, like Maria, Coffin Hanaford would become the first woman Universalist minister in New England – among many other firsts. She grew up with Maria, attended and taught at the Coffin School here on Nantucket, and was a founding member of another women’s organization, Sorosis, which Maria was also a founding member of. It’s nice to see two sister Nantucketers continuing to work together as adults – far from home! JNLF
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