Wealth Management Santa Barbara CA

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.

Kipley Lytel
Montecito Capital Management
(805) 965-7955
225 E. Carrillo, Suite 203
Santa Barbara, CA
Expertises
Ongoing Investment Management, High Net Worth Client Needs, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, BA, CFA, MBA

Mr. Seth M. Streeter, CFP®
(805) 690-3905
1123 Chapala Street
Santa Barbara, CA
Firm
Mission Wealth Management, LLC
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $5,000,001 or more

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

Profession: Business Executives

Data Provided by:
Ms. Joan P. Rothenberg, CFP®
(805) 564-4284
735 State St
Santa Barbara, CA
Firm
JPR Financial Services

Data Provided by:
Mr. Bryan C. Foronjy, CFP®
(805) 687-2606
3793 State St
Santa Barbara, CA
Firm
Fidelity Investments
Areas of Specialization
General Financial Planning, Investment Planning, Retirement Income Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Sydney Walker, CFP®
(805) 966-5084
3700 State St Ste 240
Santa Barbara, CA
Firm
WEDBUSH SECURITIES
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues
Key Considerations
Average Net Worth: Not Applicable



Data Provided by:
James Ludwick
MainStreet Financial Planning, Inc.
(805) 277-4782
600 Chapala St., Suite B
Santa Barbara, CA
Expertises
Cash Flow/Budgets/Credit Issues, Middle Income Client Needs, Real Estate Investments, Retirement Planning & Distribution Rules, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®

Mrs. Stacy Ann Borek, CFP®
(805) 886-5415
P. O. BOX 20310
Santa Barbara, CA
Firm
Ridgeway & Warner/Self

Data Provided by:
Ms. Karen A. Hickman, CFP®
(805) 569-1778
55 Hitchcock Way
Santa Barbara, CA
Firm
SagePoint Advisors
Areas of Specialization
Life Transitions, Long-Term Care, Retirement Income Management, Tax Preparation
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. James Montgomery Chapman, CFP®
(805) 682-5578
3868 State St Ste 201
Santa Barbara, CA
Firm
Chapman Financial Group
Areas of Specialization
Comprehensive Financial Planning

Data Provided by:
Mr. Patrick F. Ariniello Sr., CFP®
(805) 884-4344
206 E. Anapamu Street
Santa Barbara, CA
Firm
Nortrhern Trust

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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