Wealth Management Charlottesville VA

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.

Nora Gillespie
The Wrightbridge Company, Inc.
(434) 971-6825
1227 Cedars Court
Charlottesville, VA
Expertises
Cash Flow/Budgets/Credit Issues, College/Education Planning, Insurance Related Issues, including Annuities, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, CFS, MA

David Marotta
Marotta Wealth Management, Inc.
(434) 244-0000
One Village Green Circle, Suite 100
Charlottesville, VA
Expertises
Ongoing Investment Management, College/Education Planning, Financial Issues Between Generations, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, AAMS, AIF, CFP®

Mr. Glenn Catalano, CFP®
(434) 973-3457
620 Woodbrook Dr Ste 4
Charlottesville, VA
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Employee and Employer Plan Benefits

Data Provided by:
Mr. William L Wolfe Ii, CFP®
(434) 970-2326
401 E Market St Ste 200
Charlottesville, VA
Firm
Wells Fargo Advisors, LLC
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Socially Responsible Investments, Wealth Management

Data Provided by:
James M. Masloff, CFP®
(434) 951-9988
941 Glenwood Station Ln Ste 201
Charlottesville, VA
Firm
Raymond James Financial Services
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Investment Management, Retirement Planning, Small Business Planning

Data Provided by:
Robert Arms
Marotta Wealth Management, Inc.
(434) 244-0000
One Village Green Circle, Suite 100
Charlottesville, VA
Expertises
Helping Clients Identify & Achieve Goals, Insurance Related Issues, including Annuities, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, AIF, ChFc, CLU

Mr. Samuel W. Kan, CFP®
(434) 326-1226
600 Massie Road
charlottesville, VA
Firm
US Army
Areas of Specialization
Estate Planning, Government and Military, Legal Advice, Real Estate, Tax Planning, Tax Preparation
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Government Employees

Data Provided by:
Mr. Steven Moultrie Ball, CFP®
(434) 973-3457
620 Woodbrook Dr.
Charlottesville, VA
Firm
Ameriprise Financial
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Investment Planning, Retirement Planning
Key Considerations
Profession: Not Applicable

Data Provided by:
Mr. Matthew H Dawson, CFP®
(434) 984-7108
304 E Water St
Charlottesville, VA
Firm
Stifel Nicolaus

Data Provided by:
Mr. John C. Dean, CFP®
(434) 951-9988
Dean & Masloff, An Independent Firm
Charlottesville, VA
Firm
Raymond James Financial Services, Inc. Member FINRA/SIPC
Areas of Specialization
Comprehensive Financial 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....

Click here to read the rest of this article at Zacks.com