Wealth Management Huntington WV

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. James D. Perry Jr., CFP®
(304) 529-6500
300 Tenth Street
Huntington, WV
Firm
JJB Hilliard WL Lyons Inc

Data Provided by:
Mr. Robert P. Simmons, CFP®
(800) 505-2030
704 4th Avenue
Huntington, WV
Firm
RBC Wealth Management
Areas of Specialization
Asset Allocation, Business Succession Planning, Education Planning, Estate Planning, Long-Term Care, Retirement Income Management, Wealth Management
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided by:
Mr. W. Bret Hensley, CFP®
(304) 302-0272
609 Central Ave
Barboursville, WV
Firm
Creative Financial Solutions LLC
Areas of Specialization
Comprehensive Financial Planning, Investment Management, Tax Preparation

Data Provided by:
Mr. Wesley H Richardson, CFP®
(304) 733-0011
102 Meadow Pointe
Barboursville, WV
Firm
Northwestern Mutual Financial Network
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning

Data Provided by:
Mr. Michael W. Hobbs, CFP®
(606) 325-0404
503 Amanda Furnace Circle
Ashland, KY
Firm
Hobbs Financial Management LLC

Data Provided by:
Mrs. Brandon B. Roisman, CFP®
(304) 529-1000
1200 3rd Ave
Huntington, WV
Firm
Morgan Stanley Wealth Management
Areas of Specialization
Estate Planning, Insurance Planning, Investment Planning, Long-Term Care, Mortgages, Retirement Planning, Wealth Management

Data Provided by:
Mr. John J. Sartaine, CFP®
(304) 528-7084
1200 3rd Ave
Huntington, WV
Firm
Morgan Stanley
Areas of Specialization
General Financial Planning, Investment Management, Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Medical/Dental Professionals

Data Provided by:
Brandon Michael Cline, CFP®
(304) 733-0011
PO Box 207
Barboursville, WV
Firm
Northwestern Mutual®
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Retirement Planning, Special Needs Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Medical/Dental Professionals

Data Provided by:
Mr. Steven L. Simmerman, CFP®
(606) 920-9673
1600 Carter Avenue
Ashland, KY
Firm
Raymond James & Associates

Data Provided by:
Mr. Shaun Alan Kiser, CFP®
(606) 834-3027
900 Diederich Blvd
Russell, KY
Firm
Peoples Bank
Areas of Specialization
Investment Management

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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