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Wealth Management Dover DE

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.

Mr. Dion L. Williams, CFP®
(302) 672-1445
270 Beiser Blvd
Dover, DE
Firm
Del-One Federal Credit Union

Data Provided by:
Mr. Christopher S. Hayes, CFP®
(302) 736-7728
55 Kings Hwy
Dover, DE
Firm
Merrill Lynch
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Estate Planning, General Financial Planning

Data Provided by:
Mr. Jeffrey L. Gehrmann, CFP®
(302) 735-8272
139 S State St
Dover, DE
Firm
M&T Securities, Inc.

Data Provided by:
Mr. Jeffrey T Puglia, CFP®
(302) 265-2236
223A S Rehoboth Blvd Ste A
Milford, DE
Firm
Lpl Holdings, Inc
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Debt Management, Divorce Issues, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Citizens Bank - Dover (DE)
(302) 734-0200
8 Loockerman Street
Dover, DE
Type
Branch
Office Hours
Mon: 9AM-4PM
Tue: 9AM-4PM
Wed: 9AM-4PM
Thu: 9AM-4PM
Fri: 9AM-6PM
Sat: na
Sun: na
Drive Up Hours
Mon: 8:30AM-5PM
Tue: 8:30AM-5PM
Wed: 8:30AM-5PM
Thu: 8:30AM-5PM
Fri: 8:30AM-6PM
Sat: na

Mr. Michael B. Gast, CFP®
(302) 735-2092
121 South State Street
Dover, DE
Firm
M & T Bank

Data Provided by:
Mr. William Lawrence Corsino, CFP®
(800) 856-9412
55 Kings Hwy
Dover, DE
Firm
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Areas of Specialization
Asset Allocation, Banking, Comprehensive Financial Planning, Debt Management, Divorce Issues, Education Planning, General Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Stephen R Price, CFP®
(302) 659-6783
600 Jimmy Dr
Smyrna, DE
Firm
M&T Bank
Areas of Specialization
Banking

Data Provided by:
Citizens Bank - West Dover
(302) 734-0231
1399 Forest Avenue
Dover, DE
Type
Branch
Office Hours
Mon: 9AM-4PM
Tue: 9AM-4PM
Wed: 9AM-4PM
Thu: 9AM-4PM
Fri: 9AM-6PM
Sat: 9AM-12PM
Sun: na
Drive Up Hours
Mon: 8:30AM-5PM
Tue: 8:30AM-5PM
Wed: 8:30AM-5PM
Thu: 8:30AM-5PM
Fri: 8:30AM-6PM
Sat: 9AM-12PM
Sun: na

TD Bank
(302) 760-4790
1035 Forrest Avenue
Dover, DE
Type
Branch
Office Hours
Mon-Wed 8:30-5:00
Th-Fri 8:30-8:00
Sat 8:30-3:00
Sun 11:00-4:00
Drive Up Hours
Mon-Fri 7:30-8:00
Sat 7:30-6:00
Sun 11:00-4:00

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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