Wealth Management Toledo OH

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. Mark L. Ferris, CFP®
(419) 537-9407
PO Box 2787
Toledo, OH
Firm
Wilcox Financial
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. Paul J. Wannemacher, CFP®
(419) 259-8144
3 Seagate
Toledo, OH
Firm
Key Private Bank
Areas of Specialization
Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $5,000,001 or more

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Bernard G. Barrow Jr., CFP®
(419) 259-7765
405 Madison Ave
Toledo, OH
Firm
PNC Wealth Management

Data Provided by:
Scott Brown, CFP®
(419) 385-5663
2273 S Byrne Rd
Toledo, OH
Firm
Edward Jones Investments
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Insurance Planning

Data Provided by:
Isaac David Demarest, CFP®
(419) 382-9210
4400 Heatherdowns Blvd Ste 11B
Toledo, OH
Firm
Edward Jones Investments
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues
Key Considerations
Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Rene E. Niese, CFP®
(515) 451-4469
PO Box 2822
Toledo, OH
Firm
Applied Financial Resources, L

Data Provided by:
Angela S. Granata, CFP®
(419) 367-3670
Three Seagate
Toledo, OH
Firm
Keybank National Association
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Investment Management
Key Considerations
Average Net Worth: $5,000,001 or more

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



Data Provided by:
Ms. Cynthia S. Roepke, CFP®
(419) 259-0391
One SeaGate
Toledo, OH
Firm
Fifth Third Private Bank
Areas of Specialization
Charitable Giving, Divorce Issues, Estate Planning, Intergenerational Planning, Investment Management, Wealth Management, Women's Finances
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Matthew Michael Casey, CFP®
(419) 382-8825
2731 Tamarack Dr
Toledo, OH
Firm
MassMutual Northwest Ohio
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Education Planning, Estate Planning, General Financial Planning, Insurance Planning

Data Provided by:
Mr. Melvyn E. Wicks, CFP®
(419) 865-8579
5445 Southwyck Blvd Ste 110
Toledo, OH
Firm
Independent Retirement Solutions, LLC
Areas of Specialization
Comprehensive Financial 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:
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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