Wealth Management Harrisburg PA

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.

Jeffrey McClarren
McClarren Financial Advisors
(866) 760-4036
Bldg #1, Suite 214
Harrisburg, PA
Expertises
Ongoing Investment Management, Middle Income Client Needs, Retirement Planning & Distribution Rules, Tax Planning, Helping Clients Identify & Achieve Goals, Socially Responsible Investments
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Mr. Michael D. Lutz, CFP®
(717) 221-3002
2 North Second Street - 12th Floor
Harrisburg, PA
Firm
BNY Mellon Wealth Management
Areas of Specialization
Asset Allocation, Charitable Giving, Estate Planning, Investment Management, Retirement Planning, Tax Planning, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Not Applicable

Data Provided by:
Mr. Michael J Hallinan Jr., CFP®
(717) 730-3310
114 N. 2nd Street
Harrisburg, PA
Firm
TD Ameritrade

Data Provided by:
Mr. M. Wayne Neff, CFP®
(717) 614-6100
645 N 12th St Ste 102
Lemoyne, PA
Firm
Heritage Wealth Advisers, LLC
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Estate Planning, General Financial Planning

Data Provided by:
Mr. Kenneth W. Fry, CFP®
(717) 903-5537
1017 Mumma Rd Ste 100
Lemoyne, PA
Firm
Kenneth W. Fry, CPA
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Income Management, Tax Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Donald DeMuth
Mighty Oak Strong America Investment Company
(717) 790-9001
940 Century Drive, Suite B
Mechanicsburg, PA
Expertises
Advising Medical Professionals, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, CHBC, CPA/PFS, MBA

Mr. Anthony J. Hines, CFP®
(717) 783-4892
30 North 3rd St
Harrisburg, PA
Firm
Deferred Compensation Program

Data Provided by:
Mr. Michael M. Hoffman, CFP®
(717) 257-7531
22 N 2nd St Ste A
Harrisburg, PA
Firm
Charles Schwab
Areas of Specialization
Banking, Comprehensive Financial Planning, Government and Military, Insurance Planning, Investment Management, Mortgages, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Government Employees

Data Provided by:
Mr. Scott A. Ervin, CFP®
(717) 798-4542
1000 Nationwide Drive
Harrisburg, PA
Firm
Nationwide Securities, LLC.

Data Provided by:
Mr. Paul J. Piergallini, CFP®
(717) 903-9523
3607 Derry St
Harrisburg, PA
Firm
M&T Bank / Wilmington Trust

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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