Wealth Management Spotsylvania VA

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. Charles P. Bianchi, CFP®
(540) 548-3009
7411 River Rd
Fredericksburg, VA
Firm
Wealth Conservancy Intl Inc
Areas of Specialization
Asset Allocation, Education Planning, General Financial Planning, Government and Military, Investment Management, Retirement Income Management, Securities
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Medical/Dental Professionals

Data Provided by:
Ms. Rhonda A. Carr, CFP®
(804) 448-8448
11043 Paige Rd
Woodford, VA
Firm
LPL Financial
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Not Applicable

Data Provided by:
Mr. Michael J. Hayes Jr., CFP®
(540) 604-5690
107 Amelia St
Fredericksburg, VA
Firm
AXA Advisors, LLC
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

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

Profession: Non-Profit Employees

Data Provided by:
Wells Fargo - Courtland
(540) 891-2024
10424 Courthouse Rd
Spotsylvania, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat-Sun Closed

Wells Fargo - Harrison Crossing
(540) 786-4086
5636 Plank Rd
Fredericksburg, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

Mr. Ian T. Prymak, CFP®
(540) 661-2306
11906 Ziyad Dr
Fredericksburg, VA
Firm
Prymak Wealth Management
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Debt Management, General Financial Planning, Government and Military, Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Daniel J. Bender, CFP®
(540) 371-3566
725 Jackson St
Fredericksburg, VA
Firm
PBGH Financial Advisors, Inc.

Data Provided by:
SunTrust Bank
(540) 899-5640
8970 Courthouse Road
Spotsylvania, VA
Type
ATM, Branch, Investment Center, Drive-Thru, Weekend Hours
Office Hours
Monday: 9-5
Tuesday: 9-5
Wednesday: 9-5
Thursday: 9-5
Friday: 10-7 Weekend:
Drive Up Hours
Monday: 9-5
Tuesday: 9-5
Wednesday: 9-5
Thursday: 9-5
Friday: 10-7 Weekend: 9-2

SunTrust Bank
(540) 899-5631
3557 Plank Road
Fredericksburg, VA
Type
ATM, Branch, Investment Center, Drive-Thru, Weekend Hours
Office Hours
Monday: 9-7
Tuesday: 9-7
Wednesday: 9-7
Thursday: 9-7
Friday: 9-7 Weekend: Sat 9-2
Drive Up Hours
Monday: 9-7
Tuesday: 9-7
Wednesday: 9-7
Thursday: 9-7
Friday: 9-7 Weekend: 9-2

Wells Fargo - Southpoint
(540) 834-4820
9906 Southpoint Pkwy
Fredericksburg, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

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....

Click here to read the rest of this article at Zacks.com