Wealth Management Racine WI

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.

Michael Haubrich
Financial Service Group, Inc.
(262) 554-4500
4812 Northwestern Avenue
Racine, WI
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Financial Issues Between Generations, Planning Issues for Unmarried & Same-Sex Couples, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Ms. Kathy A. Ciszewski, CFP®
(262) 619-2718
555 Main St
Racine, WI
Firm
Johnson Bank
Areas of Specialization
Asset Allocation, Banking, Debt Management, General Financial Planning, Mortgages, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Daniel J. Morrisey, CFP®
(262) 634-1911
One Main Street Ste 300
Racine, WI
Firm
Robert W. Baird & Co. Inc
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. Justus B Morgan, CFP®
(262) 554-4500
4812 Northwestern Avenue
Racine, WI
Firm
Financial Service Group, Inc.
Areas of Specialization
Comprehensive Financial Planning, Investment Management, Retirement Income Management, Retirement Planning, Tax Planning, Tax Preparation

Data Provided by:
Michele A. Randall, CFP®
(262) 373-6296
1458 Horizon Blvd Ste 100
Mount Pleasant, WI
Firm
Randall & Pobar, LLC - Your financial partners
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Divorce Issues, Education Planning, Investment Management, Life Transitions, Retirement Income Management

Data Provided by:
Daniel Stobba
Stobba Financial Planning
(414) 425-3610
10258 West Cascade Drive
Franklin, WI
Expertises
Ongoing Investment Management, Advising Employee Benefit Plan Participants, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Mr. Michael D. Bishop, CFP®
(262) 631-5000
One Main St.
Racine, WI
Firm
Robert W. Baird & Co. Inc.

Data Provided by:
Mr. Todd Michael Schober, CFP®
(262) 619-2800
555 Main Street
Racine, WI
Firm
Johnson Insurance Services, LLC
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Long-Term Care

Data Provided by:
Mr. Skipper Wayne Riley, CFP®
(262) 884-8080
1131 Prairie Dr Ste 300
Mount Pleasant, WI
Firm
Riley Financial Services LLC
Areas of Specialization
Comprehensive Financial Planning

Data Provided by:
Mr. Michael A. Schold, CFP®
(262) 554-4660
5439 Durand Ave
Mount Pleasant, WI
Firm
Stifel Nicolaus
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....

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