Wealth Management Anderson SC

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.

Mr. Daniel Benjamin Bufkin, CFP®
(864) 225-7177
114 E. Benson
Anderson, SC
Firm
Stifel Nicolaus
Areas of Specialization
Asset Allocation
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Mr. David Gray Suggs, CFP®
(864) 226-0306
PO Box 102
Anderson, SC
Firm
Suggs Johnson
Areas of Specialization
Accounting, Business Succession Planning, Retirement Planning, Tax Preparation

Data Provided by:
Mrs. Wendi K. Drennon, CFP®
(864) 261-6532
3901 Clemson Blvd
Anderson, SC
Firm
The Peoples Bank

Data Provided by:
Mr. Arthur M Klugh Iv, CFP®
(864) 231-7760
2202 N Main St
Anderson, SC
Firm
McDonald, Cox, and Klugh
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Clarence C Boucher, CFP®
(864) 222-1872
602 N McDuffie St
Anderson, SC
Firm
Boucher Capital Management, Inc.
Areas of Specialization
Estate Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Long-Term Care, Retirement Income Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Michael M Cruce, CFP®
(864) 375-0473
PO Box 1285
Anderson, SC
Firm
ERISA Plan Services, Inc.
Areas of Specialization
Asset Allocation, Employee and Employer Plan Benefits, Investment Management, Investment Planning, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Scott A. Robertson, CFP®
(864) 222-6807
3003 North Main St.
Anderson, SC
Firm
Morgan Stanley Wealth Management
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Michael Scott Patterson, CFP®
(864) 224-0745
120 E Beltline Blvd
Anderson, SC
Firm
Core Financial Resources
Areas of Specialization
Accounting, Comprehensive Financial Planning, Divorce Issues, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Tax Preparation

Data Provided by:
Mr. Jonathan C. Anderson, CFP®
(864) 224-3474
415 North Main Street
Anderson, SC
Firm
Jones, Spitz, Moorhead, Baird, & Albergotti
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Elder Care, Estate Planning, Investment Management, Legal Advice

Data Provided by:
Mr. Thomas K. Mcdonald, CFP®
(864) 231-7760
2202 N Main St
Anderson, SC
Firm
McDonald, Cox & Klugh, Inc.
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, General Financial Planning, Insurance Planning, Investment Management

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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