Wealth Management Lubbock TX

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. Dan H. Morgan Ii, CFP®
6204 Knoxville Dr
Lubbock, TX
Firm
Tri-Global Energy

Data Provided by:
Mr. Barry K. Malone, CFP®
(806) 797-3251
5202 Indiana Ave
Lubbock, TX
Firm
Lincoln Financial Securities Corp
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

Data Provided by:
Mrs. Sherry Elaine Mcnair, CFP®
(806) 744-2600
601 Main St
Lubbock, TX
Firm
WEST TEXAS WEALTHCARE ADVISORS, INC.
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Estate Planning, Retirement Planning

Data Provided by:
Mr. Keith Bonner, CFP®
(806) 798-1880
5807 63rd St Unit 300
Lubbock, TX
Firm
Bonner & Smith, LLC
Areas of Specialization
Comprehensive Financial Planning, Employee and Employer Plan Benefits, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Retirement Income Management
Key Considerations
Average Net Worth: $250,001 - $500,000

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



Data Provided by:
Ms. Anna C. Borg, CFP®
(806) 791-0994
3305 81st St
Lubbock, TX
Firm
Anna C. Borg, CPA
Areas of Specialization
Accounting, Retirement Planning, Tax Planning, Tax Preparation

Data Provided by:
Mr. Brock B. Barnes, CFP®
(806) 687-6870
3330 70th St.
Lubbock, TX
Firm
Antioch Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Intergenerational Planning, Investment Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. John Travis Funk, CFP®
(806) 767-3848
1500 Broadway
Lubbock, TX
Firm
Wells Fargo Advisors
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Mr. Byron Kennedy, CFP®
(806) 742-1781
Box 45025
Lubbock, TX
Firm
Texas Tech University System
Areas of Specialization
Charitable Giving

Data Provided by:
Mr. Sylvanus J. Shaw Iv, CFP®
(806) 783-9181
8302 Indiana Ave
Lubbock, TX
Firm
Prudential Financial
Areas of Specialization
Business Succession Planning, Estate Planning, Investment Management, Life Planning, Long-Term Care, Retirement Planning, 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:
Mrs. Jennifer Coe Dever, CFP®
(806) 797-8349
7818 Orlando Ave
Lubbock, TX
Firm
Pennington Bass & Associates

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....

Click here to read the rest of this article at Zacks.com