Wealth Management Southaven MS

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.

Dianne Berry
Berry Financial Services, Inc.
(901) 757-4447
1917 Hazelton Drive
Germantown, TN
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Financial Issues Between Generations, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, MBA

Mr. Richard L. Carman, CFP®
(901) 680-0448
6800 Poplar Ave
Memphis, TN
Firm
Carman Financial Services
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Elder Care, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Professional Athletes

Data Provided by:
Mr. Richard H. Fisher, CFP®
(901) 683-4030
9061 Stone Walk Pl
Germantown, TN
Firm
Roop Financial Services

Data Provided by:
Mr. William E. Lloyd Jr., CFP®
(662) 342-5100
8860 Deer Creek Ln
Olive Branch, MS

Data Provided by:
Mr. William D. Billingsley, CFP®
(901) 752-3859
1910 Exeter Rd
Germantown, TN
Firm
Comprehensive Wealth Management
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. Arun K. Kaushal, CFP®
(901) 687-6135
3896 Lamar Ave
Memphis, TN
Firm
Aone Financials Inc
Areas of Specialization
Accounting, Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Cross-Border Planning, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. David G. Metzger, CFP®
(901) 758-9006
6800 Poplar Ave.
Memphis, TN
Firm
Legacy Wealth Management
Areas of Specialization
Comprehensive Financial Planning, Investment Management, Retirement Income Management, Risk Management, Wealth Management, Young Professionals

Data Provided by:
Mr. Christopher C. Stewart, CFP®
(901) 752-0022
9055 Forest Centre Dr
Germantown, TN
Firm
Woodbury Financail
Areas of Specialization
Business Succession Planning, Estate Planning, Insurance Planning, Investment Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Jay Healy, CFP®
(901) 850-5532
1770 Kirby Pkwy Ste 117
Memphis, TN
Firm
Century Wealth Management, llc
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Estate Planning, General Financial Planning, Investment Management
Key Considerations
Average Net Worth: $5,000,001 or more

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Benjamin Lane Carrick, CFP®
(901) 260-6800
6750 Poplar Ave Ste 400
Memphis, TN
Firm
Duncan-Williams, Inc.

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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