» » »

Wealth Management Tyler TX

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. Alan M. Roseman, CFP®
(903) 747-3911
3304 S Broadway Ave Ste 202
Tyler, TX
Firm
Roseman Wealth Advisors
Areas of Specialization
Accounting, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning, Employee and Employer Plan Benefits

Data Provided by:
Mr. Jeffery D. Feliciano, CFP®
(903) 533-8585
1828 E Southeast Loop 323 Ste 200
Tyler, TX
Firm
Feliciano Financial Group

Data Provided by:
Mr. Danny Lee Simmons, CFP®
(903) 561-9380
3600 Old Bullard Rd Ste 400
Tyler, TX
Firm
Financial Express Wealth Management Group
Areas of Specialization
Accounting, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Elder Care, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Daniel T. Griffith, CFP®
(903) 597-6311
3310 S Broadway Ave Ste 100
Tyler, TX
Firm
Henry & Peters, PC
Areas of Specialization
Accounting, Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management

Data Provided by:
Mr. Frank Barnett, CFP®
(903) 533-1090
6101 S Broadway Ave Ste 400
Tyler, TX
Firm
rbc
Areas of Specialization
Investment Management

Data Provided by:
Mrs. Billie C. Pettey, CFP®
(903) 592-7526
305 S Broadway Ave Ste 702
Tyler, TX
Firm
Ameriprise Financial Services,

Data Provided by:
Mr. Kerry M. Symes, CFP®
(903) 597-5745
900 Camellia
Tyler, TX

Data Provided by:
Mr. Michael W. Evans, CFP®
(903) 534-4900
909 E SE Loop 323 Ste 210
Tyler, TX
Firm
Legacy Group
Areas of Specialization
Comprehensive Financial Planning, Elder Care, Estate Planning, Investment Management, Retirement Planning

Data Provided by:
Mr. Craig Morton, CFP®
(903) 839-6690
5515 Old Bullard Rd
Tyler, TX
Firm
Investment Centers of America

Data Provided by:
Ms. W. Joy Adams, CFP®
(903) 595-4236
6643 Oak Hill Blvd
Tyler, TX
Firm
Adams Financial Group
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Divorce Issues, Estate Planning, General Financial Planning, Insurance 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....

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