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.

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®

Mr. Matthew J. Lum, CFP®
(805) 962-8455
929 Santa Barbara St
Santa Barbara, CA
Firm
VIDA Wealth Partners

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. John R Spruill, CFP®
(805) 963-6329
1424 State Street
Santa Barbara, CA
Firm
Merrill Lynch

Data Provided by:
Miss Amanda Louise Thomas, CFP®
(805) 690-3873
1123 Chapala St Ste 200
Santa Barbara, CA
Firm
Mission Wealth Management
Areas of Specialization
Banking, Comprehensive Financial Planning, Divorce Issues, Intergenerational Planning, Mortgages, Wealth Management, Women's Finances
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
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. Zachary E Siegel, CFP®
(888) 844-0323
3463 State St Ste 259
Santa Barbara, CA
Firm
American Business & Professional Program, Inc.

Data Provided by:
Mr. Justin R. Anderson, CFP®
(805) 898-0758
3700 State St Ste 310
Santa Barbara, CA
Firm
AmeriFlex Financial Services
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Investment Management, Retirement Income Management, Retirement Planning, Small Business Planning, Wealth Management

Data Provided by:
Michael Robert Mcginnis, CFP®
(805) 564-7941
1014 Santa Barbara St
Santa Barbara, CA
Firm
Morgan Stanley Wealth Management
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Education Planning, Elder Care, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Miss Kristen E. Koch, CFP®
(805) 563-1117
3046 De La Vina St
Santa Barbara, CA
Firm
Pivot Independent Financial

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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