Wealth Management Joliet IL

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.

Brian Rezny
Rezny Wealth Management, Ltd.
(800) 618-8577
2287 Foxboro Lane
Naperville, IL
Expertises
High Net Worth Client Needs, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFP®

Mark Gilbert
Reason Financial Advisors, Inc.
(630) 807-9009
1717 N. Naper Blvd, Suite 200
Naperville, IL
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Ongoing Investment Management, Tax Planning, Estate & Generational Planning Issues, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, CPA/PFS, MBA

Patrick Doland
Reason Financial Advisors, Inc.
(630) 807-9009
1717 N. Naper Blvd, Suite 200
Naperville, IL
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Middle Income Client Needs, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Joseph Alotta
Open Door Investment Advisors, Inc.
(630) 390-8392 - cell
409 North Washington Street
Westmont, IL
Expertises
Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, CFS, MA, MBA, Other

Mr. David G. Gallico, CFP®
(815) 744-2241
722 Essington Rd Unit B
Joliet, IL
Firm
Country Financial

Data Provided by:
Cynthia Menker
Contour Financial
(708) 460-3800
9031 W. 151st Street, Suite 107
Orland Park, IL
Expertises
Ongoing Investment Management, Middle Income Client Needs, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, MBA

Robert Gerstemeier
Gerstemeier Financial Group, LLC
(630) 420-6601
4300 Commerce Ct. Suite 300-22
Lisle, IL
Expertises
Retirement Planning & Distribution Rules, Ongoing Investment Management, Retirement Plan Investment Advice, Planning Issues for Business Owners, Planning Concerns for Corporate Executives, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CEA, CFP®, MBA

Sean Sebold
Sebold Capital Management Inc.
(630) 548-9700
400 E. Diehl Rd.
Naperville, IL
Expertises
Planning Issues for Business Owners, Advising Entrepreneurs, Alternative or Private Investments, High Net Worth Client Needs, Retirement Plan Investment Advice, Financial Issues Between Generations
Certifications
NAPFA Registered Financial Advisor, BA, CFA, CFP®, MBA

Donald Duncan
D3 Financial Counselors, LLC
(630) 271-0033
5151 Mochel Drive
Downers Grove, IL
Expertises
High Net Worth Client Needs, Hourly Financial Planning Services, Retirement Plan Investment Advice, Tax Planning, Investment Advice without Ongoing Management, Advising Entrepreneurs
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, CPA/PFS, MBA

Mr. Michael J. Basso, CFP®
(815) 725-1017
3077 W Jefferson St Ste 200
Joliet, IL
Firm
Basso Financial Planning Group
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

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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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