Wealth Management Saint Cloud MN

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. Anthony J. Watson, CFP®
(320) 229-3147
400 1st St S Ste 300
St. Cloud, MN
Firm
Primevest Financial Services
Areas of Specialization
General Financial Planning, Investment Planning, Retirement Planning

Data Provided by:
Joshua G. Nelson, CFP®
(320) 654-6715
1765 Roosevelt Road
St. Cloud, MN
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Investment Management, Investment Planning

Data Provided by:
Mr. Royce N. Nies, CFP®
(320) 650-0250
220 Park Ave S
Saint Cloud, MN
Firm
Nies Financial Group

Data Provided by:
Mr. Steven A. Laraway, CFP®
(320) 253-2490
1219 33rd St S
Saint Cloud, MN
Firm
Laraway Financial Advisors Inc

Data Provided by:
Paul Alan Radeke, CFP®
(320) 650-0250
220 Park Ave S
Saint Cloud, MN
Firm
KDV Wealth Management
Areas of Specialization
Accounting, Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Jeffrey J. Botz, CFP®
(320) 259-3531
400 1st St S Ste 200
Saint Cloud, MN
Firm
Wells Fargo Advisors
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Mr. Patrick J. Kruchten, CFP®
(320) 654-6715
1765 Roosevelt Road
Saint Cloud, MN
Firm
Johnson, Carriar, Kruchten, Anderson & Associates

Data Provided by:
Mr. Jacob Richard Overman, CFP®
(320) 223-6623
3315 Roosevelt Rd
Saint Cloud, MN
Firm
Northwestern Mutual
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Not Applicable

Data Provided by:
Mrs. Patricia J. Hinds, CFP®
(320) 202-1655
1411 West Saint Germain Street
Saint Cloud, MN
Firm
Granite Financial/Securities A
Areas of Specialization
Retirement Income Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
David C Hall, CFP®
(320) 654-6715
1765 Roosevelt Rd
Saint Cloud, MN
Firm
Johnson, Carriar, Kruchten, Anderson & Associates

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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Local Events

UST Executive Conference on the Future of Health Care
Dates: 11/5/2020 – 11/5/2020
Location:
University of St.Thomas Saint Paul
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