Wealth Management Norman OK

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. Gregory Dean Strickland, CFP®
(405) 366-2748
401 W. Main St.
Norman, OK
Firm
Republic Investment Services

Data Provided by:
Mr. Mark E. Woody, CFP®
(405) 360-8836
713 Wall St Ste A
Norman, OK
Firm
Ameriprise Financial Services - Mark E. Woody & Associates
Areas of Specialization
Comprehensive Financial Planning

Data Provided by:
Mr. John W. Sigmon, CFP®
(405) 329-3444
825 Wall St
Norman, OK
Firm
Sigmon Wealth Management
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Joan Geurkink Lawson, CFP®
(405) 928-5905
1012 24th Ave. NW, Ste. 400
Norman, OK
Firm
Southwest Securities
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Dr. Margaret F. Doviak, CFP®
(405) 329-8884
201 E Main St
Norman, OK
Firm
DM Wealth Management Inc
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Debt Management, Divorce Issues, Education Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. James C. Chapman, CFP®
(405) 912-5300
308 W Main St
Norman, OK
Firm
James C Chapman, CPA, CFP
Areas of Specialization
Estate Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Government Employees

Data Provided by:
Mrs. Jann G. Knotts, CFP®
(405) 329-1234
2420 Springer Dr
Norman, OK
Firm
Financial Journeys
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Ms. Nancee Thonn, CFP®
(405) 360-8836
713 Wall St
Norman, OK
Firm
Ameriprise Financial Services,
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Divorce Issues, Estate Planning, Insurance Planning, Investment Management, Long-Term Care

Data Provided by:
Mr. Michael W. Sigmon, CFP®
(405) 329-3444
825 Wall St
Norman, OK
Firm
Sigmon Wealth Management, Inc.
Key Considerations
Average Net Worth: $500,001 - $1,000,000



Data Provided by:
Mr. Ronald M. Geurkink, CFP®
(405) 321-7575
2600 Van Buren St
Norman, OK
Firm
RMG Consulting Group, Inc.

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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