Wealth Management Salisbury MD

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. Lester M. Presley, CFP®
(410) 742-8616
224 East Main St.
Salisbury, MD
Firm
MetLife
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Elder Care, Estate Planning, Insurance Planning, Investment Management, Tax Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Kevin J. Crooks, CFP®
(410) 548-7249
155 E Carroll St
Salisbury, MD
Firm
M&T Bank

Data Provided by:
Matthew Robins, CFP®
201 East Main Street
Salisbury, MD
Firm
Morgan Stanley Smith Barney

Data Provided by:
Mrs. Kimberly S. Magaha, CFP®
(410) 341-0026
1405 Wesley Drive
Salisbury, MD
Firm
Strategic Wealth Management Gr

Data Provided by:
Dennis Hopson, CFP®
(410) 742-3264
1411 Wesley Dr
Salisbury, MD
Firm
Edward Jones
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Estate Planning, Healthcare Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Bruce W. Robson, CFP®
(410) 546-0911
318 E Main St
Salisbury, MD
Firm
Comprehensive Financial Solutions
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, General Financial Planning, Investment Planning, Retirement Income Management, Retirement Planning, Tax Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Gary P. Desjardins, CFP®
(410) 341-0026
1405 Wesley Dr
Salisbury, MD
Firm
Strategic Wealth Management Gr

Data Provided by:
Mr. William Stanley Robins, CFP®
(410) 341-7911
201 E Main St
Salisbury, MD
Firm
Morgan Stanley

Data Provided by:
Mr. Michael Patrick Truitt, CFP®
(410) 860-2795
224 E Main St
Salisbury, MD
Firm
Merrill Lynch
Areas of Specialization
Asset Allocation, Charitable Giving, Divorce Issues, Education Planning, Elder Care, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Mr. Robert G. Anderson, CFP®
(410) 912-4286
543 Riverside Dr Ste B
Salisbury, MD
Firm
LPL Financial Services
Areas of Specialization
Investment Management, Retirement Planning, Wealth 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....

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