Wealth Management Columbia MO

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.

Steven Erickson
Erickson Financial Solutions, LLC
(573) 874-3888
3610 Buttonwood Blvd, Suite 200
Columbia, MO
Expertises
Retirement Planning & Distribution Rules, Ongoing Investment Management, Middle Income Client Needs, Hourly Financial Planning Services, High Net Worth Client Needs, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, CFP®, CRPC, JD, MBA, AWMA

Mr. Gregory Michael Reed, CFP®
3201 S Providence Rd Ste 102
Columbia, MO
Firm
Raymond James

Data Provided by:
Mr. Kenneth G. Geel, CFP®
(573) 449-0018
33 E Broadway Ste 190
Columbia, MO
Firm
Landers, Weiss & Co., LLC

Data Provided by:
Mr. Carroll Wilkerson, CFP®
(573) 875-3939
2790 W Mill Creek Ter
Columbia, MO
Firm
Waddell & Reed
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Investment Management, Investment Planning, Long-Term Care
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Medical/Dental Professionals

Data Provided by:
Mr. Jared W. Reynolds, CFP®
(573) 875-3939
200 E. Southampton Dr.
Columbia, MO
Firm
Wilkerson & Reynolds Wealth Management
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Mr. Ed J. Petersheim, CFP®
(573) 445-3331
7900 Highway 40 W
Columbia, MO
Firm
Tiger Tax Service

Data Provided by:
Mr. Stephen C. Neely, CFP®
(573) 443-5001
2012 Cherry Hill Dr Ste 202A
Columbia, MO
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Estate Planning, General Financial Planning, Investment Management, Investment Planning, LGBT Individuals and Couples, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided by:
Mr. Adam M. Wheeler, CFP®
(573) 443-1654
1902 Corona Rd Ste 202
Columbia, MO
Firm
Lincoln Financial Advisors
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Healthcare Planning, Insurance Planning, Investment Management

Data Provided by:
Dr. Robert O. Weagley, CFP®
1000 W Nifong Blvd
Columbia, MO
Firm
University of Missouri

Data Provided by:
Mr. Nicholas G Miller, CFP®
(573) 875-0950
2412 Forum Blvd Ste 101
Columbia, MO
Firm
MetLife Securities Inc.
Areas of Specialization
Comprehensive Financial Planning, Employee and Employer Plan Benefits, Investment Management, Retirement Income Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

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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