Wealth Management Melbourne FL

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.

Mary Baldwin
Mary E. Baldwin, CFP
(321) 722-0511
1735 West Hibiscus Boulevard, Suite 200
Melbourne, FL
Expertises
Ongoing Investment Management, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Steven Podnos
Wealth Care LLC
(321) 543-1099
405 Sims Way
Merritt Island, FL
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Estate & Generational Planning Issues, Advising Medical Professionals, Advising Entrepreneurs, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®, CRSP, MBA, MD

Mr. Peter T. Mooney, CFP®
(321) 768-8887
100 Rialto Place
Melbourne, FL
Firm
Mooney Financial Services,LLC

Data Provided by:
Mr. Michael L. Arbogast, CFP®
(321) 723-5480
108 W New Haven Ave
Melbourne, FL
Firm
Arbogast Financial Center
Areas of Specialization
Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Norman C. Hayden, CFP®
(321) 984-2639
1692 W Hibiscus Blvd Ste 711
Melbourne, FL
Firm
Raymond James Financial Serv

Data Provided by:
Daniel Moisand
Moisand Fitzgerald Tamayo, LLC
(321) 253-5400
6767 N. Wickham Road, Suite 215
Melbourne, FL
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. Michael J. Rowland, CFP®
(321) 729-6770
709 S Harbor City Blvd Fl 5
Melbourne, FL
Firm
UBS Financial Services Inc

Data Provided by:
Mr. Matthew J. Kanarick, CFP®
(321) 253-6965
2205 N Wickham Road
Melbourne, FL
Firm
Wachovia Securities LLC
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable



Data Provided by:
Mr. William M. Eastwood, CFP®
(321) 757-3323
3210 N Wickham Rd
Melbourne, FL
Firm
Eastwood & Associates Wealth Strategies LLC

Data Provided by:
Mr. Richard H. Laliker, CFP®
(321) 409-4400
1499 S Harbor City Blvd Ste 400
Melbourne, FL
Firm
Wells Fargo Advisors
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Estate Planning, Investment Management, Long-Term Care, Retirement Income Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

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