Wealth Management Kingsport TN

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. Joseph B. Bailey, CFP®
(423) 230-4500
444 Clinchfield Street
Kingsport, TN
Firm
Integrity Capital Management LLC
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, General Financial Planning, Investment Management, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Michael D. Bird, CFP®
(423) 247-8840
6 Sheridan Sq Ste 200
Kingsport, TN
Firm
Gilbert Advanced Asset Management

Data Provided by:
Mr. Kenneth Todd Bevins, CFP®
(423) 246-9226
1999 E Stone Dr Ste 400
Kingsport, TN
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Income Management, Tax Planning

Data Provided by:
Ms. Teresa L. Unick, CFP®
(423) 378-7117
235 E Center Street
Kingsport, TN
Firm
First Tennessee Bank

Data Provided by:
Mr. H. Michael Gilbert, CFP®
(423) 247-8840
6 Sheridan Sq Ste 200
Kingsport, TN
Firm
Gilbert Advanced Asset Managem

Data Provided by:
Ms. Rebecca L. Frazier, CFP®
(423) 782-2226
7 Sheridan Sq
Kingsport, TN
Firm
MERRILL LYNCH
Areas of Specialization
Accounting, Asset Allocation, Banking, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided by:
Ms. Amy W. Edwards, CFP®
(423) 282-8840
6 Sheridan Sq Ste 200
Kingsport, TN
Firm
Gilbert Advanced Asset Management

Data Provided by:
Mr. Gary A. Tilley, CFP®
(423) 857-2247
301 E Center St
Kingsport, TN
Firm
Bank Of Tennessee/UVEST
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Insurance Planning, Investment Planning, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided by:
Mr. Bryant Caveness, CFP®
(800) 201-1000
1999 E Stone Dr
Kingsport, TN
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Elder Care
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Service Professionals

Data Provided by:
Mr. Stewart W Fisher Jr., CFP®
(423) 245-0021
1567 N Eastman Rd Ste 10
Kingsport, TN
Firm
Edward Jones Investments

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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