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Wealth Management Barre VT

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.

Jamie Milne
Milne Financial Planning, Inc.
(802) 476-0602
51 Church Street
Barre, VT
Expertises
Retirement Planning & Distribution Rules, Middle Income Client Needs, Ongoing Investment Management, Socially Responsible Investments, Investment Advice without Ongoing Management, Divorce Planning
Certifications
NAPFA Registered Financial Advisor, BS, CDFA, CFP®, MBA

Mr. William E. Patno Ii, CFP®
162 N Main St Ste 200
Barre, VT
Firm
Granite Financial Group

Data Provided by:
Joseph P Preddy, CFP®
(802) 479-0645
316 North Main Street
Barre, VT
Firm
Community Financial Services Group, LLC
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. John A. Farrow, CFP®
(802) 728-4287
283 Boudro Rd
Randolph Center, VT
Firm
Farrow Financial Inc

Data Provided by:
TD Bank
(802) 479-3313
Depot Square
Barre, VT
Type
Branch
Drive Up Hours
Mon-Fri 8:00-6:00
Sat 8:00-1:00

Joyce Cole
J. Cole Financial Advisers, Inc.
(802) 225-1314
30 Center Road
Montpelier, VT
Expertises
Ongoing Investment Management, Financial Issues Between Generations, Socially Responsible Investments, Helping Clients Identify & Achieve Goals, Hourly Financial Planning Services, Charitable Giving - Trusts & Foundations
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Mr. Lee A. White, CFP®
(802) 476-6191
86 Summer St
Barre, VT
Firm
Lee A White & Associates

Data Provided by:
Mr. Michael Scott Pinkans, CFP®
(802) 272-6390
80 Osborne Rd
Barre, VT
Firm
Zenith Marketing Group, Inc.
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management

Data Provided by:
Mr. Mark C. Giometti, CFP®
(781) 729-2031
147 Sugarbush Woods Rd
Warren, VT
Firm
Black Diamond Financial Planning, LLC

Data Provided by:
TD Bank
(802) 371-1622
School Street and Main Street
Montpelier, VT
Type
Branch
Office Hours
Mon-Fri 8:00-6:00
Sat 8:00-1:00
Drive Up Hours
Mon-Fri 8:00-6:00
Sat 8:00-1:00

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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