Wealth Management Paducah KY

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.

William Cox
William W. Cox CPA/PFS CFP
(270) 444-0410
PO Box 8064
Paducah, KY
Expertises
Estate & Generational Planning Issues, Middle Income Client Needs, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BBA, CFP®, CPA/PFS, MBA

Mr. Brandon W. Morgan, CFP®
(270) 444-7291
621 Broadway St
Paducah, KY
Firm
Bradshaw & Weil, Inc.
Areas of Specialization
Budget Development, Business Succession Planning, Insurance Planning, Long-Term Care, Retirement Income Management, Retirement Planning, Risk Management
Key Considerations
Profession: Business Executives

Data Provided by:
Mr. Heath F. Bowling, CFP®
(270) 444-6220
1249 Broadway
Paducah, KY
Firm
Edward Jones Investments

Data Provided by:
Mrs. Gayle M. Olberding, CFP®
(270) 443-9232
333 Broadway St, Suite 1001
Paducah, KY
Firm
Kemper Capital Management, LLC
Areas of Specialization
Asset Allocation, Banking, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Education Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Mr. Robert W. Wrinkle, CFP®
(270) 575-1984
5050 Village Square Dr
Paducah, KY
Firm
Northwestern Mutual
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Brad A. Knight, CFP®
(270) 442-6373
P O Box 9500
Paducah , KY
Firm
Hilliard Lyons
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Debt Management, Disaster Recovery, Divorce Issues, Education Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Jamey R. Brown, CFP®
(270) 441-8427
5120 Village Square Dr. Ste. D
Paducah, KY
Firm
UBS Financial Services, Inc.

Data Provided by:
Mr. Ron R. Beaton, CFP®
(270) 443-8711
630 Whitney Dr
Paducah, KY
Firm
Ron Beaton's Money Matters
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Intergenerational Planning, Investment Management, Investment Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Edward Adams Hely, CFP®
(270) 415-2164
3401 Park Ave Ste 8
Paducah, KY
Firm
Northwestern Mutual Financial Network
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care

Data Provided by:
Mr. Brent L. Denker, CFP®
(270) 442-7875
2929 Broadway
Paducah, KY
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Disaster Recovery, Education Planning, Employee and Employer Plan Benefits

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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