Wealth Management El Paso TX

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. Edward J. Daffron, CFP®
(915) 772-0100
6501 Boeing Dr Ste J-2
El Paso, TX
Firm
First Command Financial Planni
Areas of Specialization
Business Succession Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Government and Military, Insurance Planning
Key Considerations
Average Net Worth: $100,000 or less

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

Profession: Government Employees

Data Provided by:
Mr. Martin Gutierrez, CFP®
(915) 772-4900
5741 Belding Dr Ste A
El Paso, TX
Firm
MG Financial Services

Data Provided by:
Mr. John W. Noey, CFP®
(915) 598-8885
416 N Stanton St Ste 420
El Paso, TX
Firm
Graham Capital Strategies LLC.
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Cross-Border Planning, Debt Management
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Not Applicable

Data Provided by:
Mr. Mark A. Heath, CFP®
(915) 543-5630
4130 Rio Bravo St Ste A100
El Paso, TX
Firm
Lincoln Financial Advisors
Key Considerations
Average Net Worth: $5,000,001 or more

Average Income: $500,001 - $1,000,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Billy R Defrance, CFP®
(915) 747-3302
4130 Rio Bravo
El Paso, TX
Firm
Lauterbach Financial Advisors, LLC
Areas of Specialization
Asset Allocation, Education Planning, Estate Planning, General Financial Planning, Government and Military, Investment Management, LGBT Individuals and Couples
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Stephen Roy Hourigan, CFP®
(915) 779-5725
6130 Montana Ave
El Paso, TX
Firm
Independent Planner

Data Provided by:
Mr. Peter M. Desantis, CFP®
(915) 564-5906
2501 N Piedras St
El Paso, TX
Firm
Peter DeSantis & Company

Data Provided by:
Mr. Robert M Sesich, CFP®
(915) 543-5630
4130 Rio Bravo
El Paso, TX
Firm
Lincoln Financial Advisors
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Estate Planning, Investment Management

Data Provided by:
Mr. James Scott Butler, CFP®
(915) 541-6483
201 E Main Dr Ste 101
El Paso, TX
Firm
Wells Fargo Advisors
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Investment Management, Investment Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mrs. Mary S. Brock, CFP®
(915) 532-7294
1540 Rocky Bluff Dr
El Paso, TX
Firm
Mary Brock Financial Planning
Areas of Specialization
Budget Development, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Investment Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

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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