Wealth Management Abilene TX

High net worth individuals and organizations can opt to employ a wealth manager to handle their financial issues, including things like estate planning, taxes, investment management and more. Wealth management services are provided by corporations, financial advisors and multi-licensed portfolio managers. They use wealth management strategies to help their clients grow their wealth and assets as well as to navigate tax law. Wealth managers oversee all the financial affairs of their clients, which can be extremely helpful for those with numerous and diverse financial holdings.

Joseph Team
Team Financial Strategies
(325) 480-1587
1174 N. 3rd St.
Abilene, TX
Expertises
Ongoing Investment Management, Middle Income Client Needs, Retirement Plan Investment Advice, Charitable Giving - Trusts & Foundations, High Net Worth Client Needs, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. Shane Jennings, CFP®
(325) 676-9066
1181 Lytle Way
Abilene, TX
Firm
Edward Jones Investments

Data Provided by:
Mr. Bruce M. Evans, CFP®
(915) 673-8001
1833 Echo Ct
Abilene, TX
Firm
The ACU Foundation

Data Provided by:
Mr. Daniel J. Dwyer, CFP®
(325) 695-6157
2449 S. Willis
Abilene, TX
Firm
Ameriprise Financial Services,
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Investment Planning, Long-Term Care
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mrs. Catherine G. Coleman, CFP®
(325) 671-8024
401 Cypress
Abilene, TX
Firm
Wells Fargo Advisors, LLC
Areas of Specialization
Asset Allocation, Education Planning, Insurance Planning, Intergenerational Planning, Investment Management, Investment Planning, Life Planning

Data Provided by:
Mr. Everett Ray Ferguson, CFP®
(325) 677-6251
PO Box 2993
Abilene, TX
Firm
Condley and Company, LLP
Areas of Specialization
Asset Allocation, Estate Planning, Insurance Planning, Investment Management, Tax Planning, Tax Preparation

Data Provided by:
Brendan Messenger, CFP®
(325) 695-0222
3005 S Treadaway Blvd
Abilene, TX
Firm
CBS Insurance, LLP
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Jerry L. Love, CFP®
(325) 437-5683
3305 N 3rd St Ste 304
Abilene, TX
Firm
Jerry Love CPA, LLC

Data Provided by:
Mr. Cary D. Beard, CFP®
(325) 673-6171
242 Beech St
Abilene, TX
Firm
Carter Asset Management, Inc.
Areas of Specialization
Accounting, Charitable Giving, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Retirement Income Management
Key Considerations
Average Net Worth: $250,001 - $500,000



Data Provided by:
Mr. Dillon A. Cobb, CFP®
(325) 673-6171
242 Beech St
Abilene, TX
Firm
Carter Asset Management
Areas of Specialization
Accounting, Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning, Estate Planning

Data Provided by:
Data Provided by:

Wealth Management

By: Jonas Zamora
Jonas Zamora is a Certified Financial PlannerTM professional. You may contact him at jzamora@zacks.com

Benefits of Estate Planning

Have you ever been advised that you should have an estate plan? You hear the advice and, like most folks, don’t have a clear idea of why you should have one. I read an article by financial planner Elaine Floyd, which outlines the reasons why you should have an estate plan.

Let’s start with the benefits. An estate plan allows you to:

1. Direct the distribution of your wealth at death. An estate plan allows you to name the people, or charities, that will receive your assets. Otherwise, the courts will decide for you based on the laws of succession in your state.
2. Save on estate taxes. The estate tax still exists at least until 2009. In 2010 it will be repealed but may come back in 2011. This year, assets that total up to $2 million are exempt from federal estate taxes. The top tax rate on assets above that amount is 45%. Keep in mind that state inheritance tax has not been abolished either.
3. Save money on probate fees and keep your privacy. Probate fees can run up to about 10% of your estate’s value. Keep in mind that probate is time consuming and a matter of public record.
4. Protects assets while you are alive. Estate planning strategies can help protect you in case of lawsuits and divorce.
5. Prepare for incapacity. What happens if you are unable to handle making the payments for the care you receive while incapacitated? Who will manage your care and finances? An estate plan can help assure your well being if you become unable to make your own decisions....

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