» » »

Wealth Management Ocala 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.

Mr. David V. Hays, CFP®
(352) 598-4369
PO Box 771627
Ocala, FL
Firm
David V. Hays, CFP
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Non-Profit Employees

Data Provided by:
Mr. Arthur L. Poole Iii, CFP®
(352) 237-7800
2801 SW College Road Suite 2
Ocala, FL
Firm
LPL Financial
Areas of Specialization
Investment Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. William S. Campbell Jr., CFP®
(352) 351-3501
PO Box 820
Ocala, FL
Firm
Citizens First Financial Services

Data Provided by:
Ms. Carol J. Hays, CFP®
(352) 854-9407
PO Box 771627
Ocala, FL
Firm
Transamerica Financial Advisors
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Steven F. Libby, CFP®
(352) 873-9022
1015 SE 8th St
Ocala, FL
Firm
Libby Financial Advisors, Inc.
Areas of Specialization
Asset Allocation, Charitable Giving, Elder Care, Estate Planning, Investment Management, Retirement Income Management, Social Security Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. James Jerry Forrest, CFP®
(352) 854-6866
3220 SW 31st Rd Ste 302
Ocala, FL
Firm
Raymond James Financial Serv
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. John H. Decker Jr., CFP®
(352) 237-2191
3200 SW 34th Ave Bldg 100
Ocala, FL
Firm
Wells Fargo Advisors, LLC
Areas of Specialization
Asset Allocation, Investment Management, Investment Planning, Retirement Income Management, Securities
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Ms. Beth W. Dominguez, CFP®
(352) 266-4438
2701 SW 34th Street, Bldg. 100
Ocala, FL
Firm
Raymond James & Associates, Inc.
Areas of Specialization
Retirement Income Management

Data Provided by:
Mr. William H. Shepard Iii, CFP®
(800) 416-6866
3220 SW 31st Rd Ste 302
Ocala, FL
Firm
Raymond James

Data Provided by:
Mr. Michael J Hart, CFP®
(352) 368-0644
301 SE 17th St
Ocala, FL
Firm
Merrill Lynch Wealth Management
Areas of Specialization
Asset Allocation, Banking, Education Planning, Estate Planning, General Financial Planning, Insurance Planning, Investment Management

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