Wealth Management Ann Arbor MI

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.

Robert Oliver
Oliver Financial Planning, LLC
(734) 926-0022
1207 Packard Street, Suite S-1
Ann Arbor, MI
Expertises
Hourly Financial Planning Services, Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, College/Education Planning, Cash Flow/Budgets/Credit Issues
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, MBA

Ronald Shaw
Shaw Financial Strategies, LLC
(734) 769-3927
3135 S. State Street, Suite 203
Ann Arbor, MI
Expertises
Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Retirement Planning & Distribution Rules, Tax Planning, Estate & Generational Planning Issues, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®

Savvas Giannakopoulos
Arbor Financial
(734) 761-6626
5340 Plymouth Road, Suite 102
Ann Arbor, MI
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Middle Income Client Needs, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, EA, MBA

Michael Rudy
Wolakota, LLC
(734) 480-6211
878 South Grove Road
Ypsilanti, MI
Expertises
Middle Income Client Needs, Newlyweds & Novice Investors, Planning Issues for Business Owners, Investment Advice without Ongoing Management, Hourly Financial Planning Services, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®, EA, MA

Wayne Titus
AMDG Financial
(734) 737-0855
684 Deer Street
Plymouth, MI
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Women's Financial Planning Issues, Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, AIF, AIFA, CPA/PFS, CISA

Frank Moore
Vintage Financial Services, LLC
(734) 668-4040
101 N. Main Street, Suite 800
Ann Arbor, MI
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, College/Education Planning, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, MS

Todd Kephart
Retirement Income Solutions, Inc.
(734) 769-7727
455 E. Eisenhower Parkway, Suite 300
Ann Arbor, MI
Expertises
Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Advising Medical Professionals, Helping Clients Identify & Achieve Goals, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Laurie Stegenga
Foresight Capital Management Advisors, Inc.
(734) 709-3771
7029 Noble Road
Saline, MI
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Advising Medical Professionals, High Net Worth Client Needs, Middle Income Client Needs, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, AIF, CFP®, CPA, PFS

Sam Fawaz
Y.D. Financial Services, Inc.
(734) 447-5305
47969 Inveraray Road
Canton, MI
Expertises
Tax Planning, Divorce Planning, Planning Issues for Business Owners, College/Education Planning, Ongoing Investment Management, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, BBA, CFP®, CPA, MST

Kelly Adams
Harbor Light Planning, LLC
(248) 344-9616
42705 Grand River Avenue, Suite 201
Novi, MI
Expertises
Helping Clients Identify & Achieve Goals, Middle Income Client Needs, Newlyweds & Novice Investors, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, EA

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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