Wealth Management Bangor ME

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.

Abigail Pons
Capella Financial Services, LLC
(207) 370-4269
27 State Street, #32
Bangor, ME
Expertises
Socially Responsible Investments, Hourly Financial Planning Services, Middle Income Client Needs, Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Mr. Donald C. Hagstrom, CFP®
(207) 942-2367
105 Main Street
Bangor, ME
Firm
Ameriprise Financial

Data Provided by:
Abigail T. Pons, CFP®
(207) 370-4269
27 State St Ste 32
Bangor, ME
Firm
Capella Financial Services, LLC
Key Considerations
Average Net Worth: Not Applicable



Data Provided by:
Mr. E. Ripley Knickerbocker, CFP®
(207) 992-4020
105 Main St
Bangor, ME
Firm
Ameriprise Financial Services, Inc.

Data Provided by:
Mr. Bruce Roscher, CFP®
(207) 947-0558
498 Essex St
Bangor, ME
Firm
Neurology Associates of Easter

Data Provided by:
Ms. Durell Buzzini, CFP®
(207) 947-4543
One Merchants Plaza, 3rd floor
Bangor, ME
Firm
UBS Financial Services, Inc.

Data Provided by:
Mr. R. Kenneth Lindell Jr., CFP®
(207) 433-5853
One Cumberland Pl
Bangor, ME
Firm
RK Lindell & Co
Areas of Specialization
Comprehensive Financial Planning, Cross-Border Planning, Education Planning, Employee and Employer Plan Benefits, Wealth Management
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:
Ms. Jean Marguerite Deighan, CFP®
(207) 990-1117
455 Harlow St
Bangor, ME
Firm
Deighan Wealth Advisors

Data Provided by:
Mr. Vance B. Gray Jr., CFP®
(207) 992-2819
128 Broadway
Bangor, ME
Firm
Vance Gray Wealth Mgmt, Inc.
Areas of Specialization
Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. James A. Macleod, CFP®
(207) 262-4992
99 Franklin Street
Bangor, ME
Firm
Bangor Savings Bank

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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