Wealth Management Spartanburg SC

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. Beverly C. Russell Jr., CFP®
(864) 576-1099
PO Box 170745
Spartanburg, SC
Firm
BC Russell & Associates, Inc.

Data Provided by:
Mr. Rick M. Higgins, CFP®
(864) 582-4597
350 East Saint John Street
Spartanburg, SC
Firm
Walker Walker Higgins Wealth Management, LLC

Data Provided by:
Mr. Johnny B. Babb, CFP®
(864) 596-4547
101 N Pine St
Spartanburg, SC
Firm
Wells Fargo Advisors
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Investment Management, Retirement Planning, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Stephen D. Noblin, CFP®
(864) 585-8215
337B E Saint John St
Spartanburg, SC
Firm
ING Financial Partners Inc
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Retirement Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Not Applicable

Data Provided by:
Elizabeth J Hrubala, CFP®
(864) 573-1316
Morgan Stanley
Spartanburg, SC
Firm
Morgan Stanley
Areas of Specialization
Comprehensive Financial Planning, Divorce Issues, Estate Planning, Investment Management, Retirement Income Management, Retirement Planning, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Steven C. Collie, CFP®
(864) 583-7102
233 South Pine Street
Spartanburg, SC
Firm
Wells Fargo Advisors
Areas of Specialization
Investment Planning

Data Provided by:
Jeffrey Dean Stanley, CFP®
PO Box 170817
Spartanburg, SC
Firm
Edward Jones

Data Provided by:
Mr. Joshua A. Foster, CFP®
(864) 342-8730
380 E. Main ST
Spartanburg, SC
Firm
BB&T

Data Provided by:
Mr. William M. Coker, CFP®
(864) 342-4900
320 E Main St Ste 110
Spartanburg, SC
Firm
SCBT Wealth Management

Data Provided by:
Mr. David C. Taylor, CFP®
(864) 582-7000
781 East Main Street
Spartanburg, SC
Firm
McHam Taylor & Co.
Areas of Specialization
Investment Planning

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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