Wealth Management Lawrence KS

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.

Stephen C Lane, CFP®
(785) 749-1881
PO Box 1881
Lawrence, KS
Firm
LPL Financial
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Investment Management, Small Business Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Ed Samp, CFP®
(785) 331-1145
4910 Corporate Centre Dr Ste 104
Lawrence, KS
Firm
Stifel Nicolaus

Data Provided by:
Emily B. Hill, CFP®
(785) 749-1111
1429 Oread West
Lawrence, KS
Firm
Morgan Stanley
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $5,000,001 or more

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Ms. Peggy Johnson, CFP®
(785) 841-2985
3200 Mesa Way
Lawrence, KS
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, General Financial Planning, Investment Management, LGBT Individuals and Couples, Life Planning

Data Provided by:
Ms. Terri S. Dann, CFP®
(785) 841-9516
1425 Oread West St
Lawrence, KS
Firm
David King and Associates Ltd

Data Provided by:
Mrs. Victoria M Bogner, CFP®
(785) 841-4664
2500 W 31st, Suite B
Lawrence, KS
Firm
McDaniel Knutson Financial Partners
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Business Executives

Data Provided by:
Mr. Wayne L. Mcdaniel, CFP®
(785) 841-4664
2500 W 31st St
Lawrence, KS
Firm
McDaniel Knutson Financial Partners
Areas of Specialization
Investment Management, Investment Planning, Retirement Income Management, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Mr. Phillip A. Rademacher, CFP®
(785) 865-5308
515 Rockledge Rd
Lawrence, KS
Firm
Rademacher Financial Inc
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Mr. Donald D. Duncan, CFP®
(785) 749-1111
1429 Oread West
Lawrence, KS
Firm
Morgan Stanley

Data Provided by:
Mr. Edward K. Zeller, CFP®
(785) 841-4664
2500 West 31st Street
Lawrence, KS
Firm
McDaniel Knutson Financial Partners

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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