Wealth Management Wichita KS

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.

Kedre Mellor
Capital WealthCare Advisors, L.C.
(316) 440-4772
10333 E. 21st Street N., Suite 301
Wichita, KS
Expertises
High Net Worth Client Needs, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Ongoing Investment Management, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CPA/PFS

Thomas M. Douglass, CFP®
(316) 383-8451
300 S Main St
Wichita, KS
Firm
Wells Fargo Advisors

Data Provided by:
Mr. Stephen Collins Yager, CFP®
(316) 264-5444
300 W Douglas Ave
Wichita, KS
Firm
SagePoint Financial

Data Provided by:
Mr. Victor Martin Schimming, CFP®
(316) 652-0777
PO Box 177
Wichita, KS
Firm
FSC Securities Corporation

Data Provided by:
Mr. Russell E. Hall, CFP®
(316) 265-8400
250 W Douglas
Wichita, KS
Firm
Wedel, Thurman & Hall
Areas of Specialization
Retirement Income Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

Data Provided by:
Mr. Robert G Hendrickson, CFP®
(316) 261-8755
125 N Market St Ste 1600
Wichita, KS
Firm
New York Life
Areas of Specialization
Estate Planning, Insurance Planning, Retirement Planning

Data Provided by:
Mr. Bradley S. Moser, CFP®
(316) 264-6321
301 N Main St
Wichita, KS
Firm
Stifel Nicolaus

Data Provided by:
Mr. Bruce E. Brinkman, CFP®
(316) 291-4191
301 N. Main
Wichita, KS
Firm
Allen, Gibbs & Houlik, L.C.
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Investment Planning, Retirement Planning, Small Business Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Richard S. Klingman, CFP®
(316) 267-0300
300 S Main St
Wichita, KS
Firm
Wells Fargo Advisors

Data Provided by:
Mr. Gregory A. Scafe, CFP®
(316) 383-3326
P.O. Box 1
Wichita, KS
Firm
Intrust Bank, N.A.
Areas of Specialization
Asset Allocation, Banking, Business Succession Planning, Comprehensive Financial Planning, Estate Planning, General Financial Planning, Investment Management
Key Considerations
Average Net Worth: $250,001 - $500,000

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

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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