Wealth Management Plattsburgh NY

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.

Scott Beaudin
Pathway Financial Advisors, LLC
(802) 660-7086
110 Main Street, Suite 401
Burlington, VT
Expertises
Hourly Financial Planning Services, High Net Worth Client Needs, Ongoing Investment Management, Planning Issues for Business Owners, Estate & Generational Planning Issues, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS, MBA

Mr. Richard W. Brewer Jr., CFP®
(518) 562-8496
22 US Oval Ste 125
Plattsburgh, NY
Firm
SagePoint Financial, Inc.
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Healthcare Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

Data Provided by:
Ms. Heidi G. Clute, CFP®
(518) 561-5707
152 Tom Miller Rd
Plattsburgh, NY
Firm
Clute Wealth Management
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Insurance Planning

Data Provided by:
Mr. Edward Murphy, CFP®
(802) 654-7255
401 Watertower Cir Ste 302
Colchester, VT
Firm
A M Peisch & Company, LLP
Areas of Specialization
Tax Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Benjamin A. Russell, CFP®
(802) 654-8800
905 Roosevelt Hwy
Colchester, VT
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Charitable Giving, Estate Planning, Insurance Planning, Investment Planning, Retirement Income Management, Retirement Planning, Tax Planning

Data Provided by:
Mr. Alan Charles Dana, CFP®
(518) 523-3800
66 US Oval Apt 242
Plattsburgh, NY
Firm
Wells Fargo Advisors
Areas of Specialization
Comprehensive Financial Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Jonathan L. Schneiderman, CFP®
(518) 563-7537
43 Durkee St
Plattsburgh, NY
Firm
Raymond James Financial Services, Inc.
Areas of Specialization
General Financial Planning

Data Provided by:
Ms. Chrisanna T Elser, CFP®
(518) 683-8374
308 Cornelia St
Plattsburgh, NY
Firm
Glens Falls Investment Services

Data Provided by:
Ms. Beth A. Wilson, CFP®
(802) 862-7361
553 Roosevelt Hwy Ste 201
Colchester, VT
Firm
Poulos Advisors, Inc.

Data Provided by:
Mrs. Patricia N. Sokolowski, CFP®
(802) 489-5342
95 College St
Burlington, VT
Firm
WestView Investment Advisors
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Investment Management, Retirement Income Management, Retirement Planning, Sudden Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

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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