Wealth Management Costa Mesa CA

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.

Glenn Woody
Glenn Woody Financial Consultants, Inc.
(714) 850-0534
151 Kalmus Drive, Suite C-150
Costa Mesa, CA
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BA, CFP®

Jon Theriault
RS Crum Inc.
(949) 428-9696
4 Upper Newport Plaza Drive, Suite 201
Newport Beach, CA
Expertises
High Net Worth Client Needs, Ongoing Investment Management, Advising Entrepreneurs, Advising Medical Professionals, Planning Issues for Business Owners, Real Estate Investments
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Lauren Klein
Klein Financial Advisors, Inc.
(949) 477-4990
4299 MacArthur Blvd., Suite 100
Newport Beach, CA
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Divorce Planning, Retirement Planning & Distribution Rules, Tax Planning, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CDFA, CFP®, EA, MBA

Mark Wilson
The Tarbox Group, Inc.
(949) 721-2330
500 Newport Center Drive, Suite 500
Newport Beach, CA
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, APA, CFP®

Carl Carpenter
Beacon Financial Partners, LLC
(714) 969-8484
2130 Main Street, Suite 233
Huntington Beach, CA
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Middle Income Client Needs, Helping Clients Identify & Achieve Goals, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, BS, CFA, CFP®

John Harms
Newport Financial Advisors
(949) 721-9960
110 Newport Center Drive, Suite 200
Newport Beach, CA
Expertises
Advising Medical Professionals, Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BA, CFP®

Mark Rylance
RS Crum Inc.
(949) 428-9696
4 Upper Newport Plaza Drive, Suite 201
Newport Beach, CA
Expertises
Real Estate Investments, Ongoing Investment Management, High Net Worth Client Needs, Divorce Planning, Planning Issues for Business Owners, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®

Scott Anderson
Anderson Financial Group
(949) 422-3484
4695 MacArthur Court #480
Newport Beach, CA
Expertises
Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Tax Planning, Planning Issues for Business Owners, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, EA, MBA

Robert Greenberg
Greenberg | Graham Advisors, LLC
(714) 437-0040
2600 Michelson Drive, Suite 1700
Irvine, CA
Expertises
Ongoing Investment Management, Charitable Giving - Trusts & Foundations, Planning Issues for Business Owners, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®

David Barnett
Barnett Financial Planning
(714) 731-6300
1442 Irvine, Blvd., Suite 212
Tustin, CA
Expertises
Middle Income Client Needs, Retirement Plan Investment Advice, Ongoing Investment Management, Advising Medical Professionals, Real Estate Investments, Hourly Financial Planning Services
Certifications
NAPFA Registered Financial Advisor, CFP®

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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