Latest news with #EdwardsAssetManagement
Business Wire
13-05-2025
- Business
- Business Wire
Rob Edwards Named as One of 2025 Forbes Best-in-State Wealth Advisors
NAPLES, Fla.--(BUSINESS WIRE)-- Rob Edwards, Managing Director and Senior PIM® Portfolio Manager at Edwards Asset Management, has been named to the 2025 Forbes Best-in-State Wealth Advisors list, a prestigious ranking recognizing top financial advisors across the country who demonstrate exceptional expertise, integrity, and client dedication. We don't take trust for granted – it's something we work hard to earn, and even harder to keep. Share This marks another significant recognition for Edwards, who has been previously honored with multiple industry accolades for his commitment to helping high-net-worth families preserve, grow, and enjoy their wealth through customized, values-based planning. 'This recognition from Forbes reflects the work our entire team puts in every day to help our clients navigate the complexities of wealth – allowing them to enjoy all aspects of their wealth,' said Edwards. 'We don't take trust for granted – it's something we work hard to earn, and even harder to keep.' With nearly two decades of experience, Rob leads a Florida-based wealth management practice that serves clients across the country. Known for blending institutional-level investment strategies with deeply personal service, Edwards Asset Management is built around long-term relationships and multi-generational planning. About Edwards Asset Management Edwards Asset Management is a full-service investment management and wealth advisory practice headquartered in Naples, Florida. The practice offers a wide range of wealth solutions to meet the needs of their high-net-worth clients – helping them to unlock the full potential of their wealth. Edwards Management also has offices in Fort. Lauderdale, Florida, and Albany, New York. 2025 Forbes Best-In-State Wealth Advisors; Awarded April 2025; Data compiled by SHOOK Research LLC based on the time period from 6/30/23- 6/30/24 (Source: The Forbes Best-in-State Wealth Advisors rating algorithm is based on the previous year's industry experience, interviews, compliance records, assets under management, revenue, and other criteria by SHOOK Research, LLC. Investment performance is not a criterion. Self-completed survey was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), Member SIPC. Edwards Asset Management is a separate entity from WFAFN.
Yahoo
14-04-2025
- Business
- Yahoo
Beyond the 401(k): 3 Strategies To Retire Comfortably and Still Leave Money Behind
For many Americans, having a plan to leave money for their loved ones is a priority. According to a recent Empower survey, 40% of Americans say that leaving an inheritance for their children is part of having a happy retirement. Read Next: Check Out: If this is one of your financial goals, you'll likely need to look beyond your 401(k) to ensure you can save for your retirement and still have money left over. Here are three strategies you should consider to help you build a financial legacy. Look at accounts beyond your 401(k) to diversify your savings and investments, such as IRAs, brokerage accounts, annuities and real estate. 'Many retirees assume their 401(k) will carry them through retirement, but a single-source strategy probably isn't going to cut it,' said Rob Edwards, founder of Edwards Asset Management. 'Healthcare costs, inflation and unpredictable markets make it critical to diversify.' IRAs offer unique advantages that you don't get with 401(k) plans. 'Unlike most employer retirement plans, IRAs give you the whole menu of what you can invest in,' said Rafael Rubio, president of Stable Retirement Planners in Southfield, Michigan. 'You have more options to increase your assets. Traditional IRAs grow tax-deferred and can affect your tax bracket. Monies you invest in a traditional IRA are subtracted from your earned income for tax purposes.' Read Next: Meanwhile, real estate can serve as an inflation hedge. 'Real estate investments or other comparable sources of passive income can safeguard against inflation,' Edwards said. Evan Potash, executive wealth management advisor at TIAA, recommends utilizing brokerage accounts for their wealth transfer benefits. 'Taxable brokerage accounts are ideal for additional savings, offering no contribution limits and a step-up in cost basis when inherited, which avoids capital gains taxes,' he said. 'For tax efficiency, invest in passive assets like individual stocks, ETFs, index funds or municipal bonds.' Using tax-efficient strategies is key to growing wealth to sustain your retirement. Roth IRAs and tax-deferred annuities can help minimize your tax burden while maximizing savings. 'Going beyond the 401(k), adding Roth IRAs provides more tax-efficient withdrawal strategies,' Edwards said. 'If you're looking for more predictable income, annuities can provide a guaranteed stream, but make sure you pay attention to those fees and terms.' Roth IRAs are particularly useful for funds you want to leave behind. 'Roth IRAs grow tax-free, as long as you don't touch your account for over five years,' Rubio said. 'This will give you a tax-free bucket of assets to pull from your retirement, and your beneficiaries will inherit this tax-free.' 'A critical aspect of being able to retire comfortably is an estate plan that includes a last will and testament or a revocable living trust,' said Chris Cohan, estate and financial advisor at RJP Estate Planning. 'These documents help ensure that your assets are distributed according to your wishes. 'For those with young children, naming a guardian is essential,' he continued. 'Naming a power of attorney and having medical directives to help dictate who can make financial and medical decisions on your behalf in the event of incapacity is essential as well.' Life insurance can also be an integral part of an estate plan. 'Life insurance can help protect you and your beneficiaries from taxes and other debts your estate may owe after your death,' Rubio said. 'That's because life insurance pays a death benefit to your beneficiaries tax-free.' 4 Things You Should Do if You Want To Retire Early5 Strategies High-Net-Worth Families Use To Build Generational WealthSuze Orman: 4 Moves Every Aspiring Early Retiree Must Make6 Daily Habits of Financially Secure People This article originally appeared on Beyond the 401(k): 3 Strategies To Retire Comfortably and Still Leave Money Behind Sign in to access your portfolio
Yahoo
14-04-2025
- Business
- Yahoo
Beyond the 401(k): 3 Strategies To Retire Comfortably and Still Leave Money Behind
For many Americans, having a plan to leave money for their loved ones is a priority. According to a recent Empower survey, 40% of Americans say that leaving an inheritance for their children is part of having a happy retirement. Read Next: Check Out: If this is one of your financial goals, you'll likely need to look beyond your 401(k) to ensure you can save for your retirement and still have money left over. Here are three strategies you should consider to help you build a financial legacy. Look at accounts beyond your 401(k) to diversify your savings and investments, such as IRAs, brokerage accounts, annuities and real estate. 'Many retirees assume their 401(k) will carry them through retirement, but a single-source strategy probably isn't going to cut it,' said Rob Edwards, founder of Edwards Asset Management. 'Healthcare costs, inflation and unpredictable markets make it critical to diversify.' IRAs offer unique advantages that you don't get with 401(k) plans. 'Unlike most employer retirement plans, IRAs give you the whole menu of what you can invest in,' said Rafael Rubio, president of Stable Retirement Planners in Southfield, Michigan. 'You have more options to increase your assets. Traditional IRAs grow tax-deferred and can affect your tax bracket. Monies you invest in a traditional IRA are subtracted from your earned income for tax purposes.' Read Next: Meanwhile, real estate can serve as an inflation hedge. 'Real estate investments or other comparable sources of passive income can safeguard against inflation,' Edwards said. Evan Potash, executive wealth management advisor at TIAA, recommends utilizing brokerage accounts for their wealth transfer benefits. 'Taxable brokerage accounts are ideal for additional savings, offering no contribution limits and a step-up in cost basis when inherited, which avoids capital gains taxes,' he said. 'For tax efficiency, invest in passive assets like individual stocks, ETFs, index funds or municipal bonds.' Using tax-efficient strategies is key to growing wealth to sustain your retirement. Roth IRAs and tax-deferred annuities can help minimize your tax burden while maximizing savings. 'Going beyond the 401(k), adding Roth IRAs provides more tax-efficient withdrawal strategies,' Edwards said. 'If you're looking for more predictable income, annuities can provide a guaranteed stream, but make sure you pay attention to those fees and terms.' Roth IRAs are particularly useful for funds you want to leave behind. 'Roth IRAs grow tax-free, as long as you don't touch your account for over five years,' Rubio said. 'This will give you a tax-free bucket of assets to pull from your retirement, and your beneficiaries will inherit this tax-free.' 'A critical aspect of being able to retire comfortably is an estate plan that includes a last will and testament or a revocable living trust,' said Chris Cohan, estate and financial advisor at RJP Estate Planning. 'These documents help ensure that your assets are distributed according to your wishes. 'For those with young children, naming a guardian is essential,' he continued. 'Naming a power of attorney and having medical directives to help dictate who can make financial and medical decisions on your behalf in the event of incapacity is essential as well.' Life insurance can also be an integral part of an estate plan. 'Life insurance can help protect you and your beneficiaries from taxes and other debts your estate may owe after your death,' Rubio said. 'That's because life insurance pays a death benefit to your beneficiaries tax-free.' 4 Things You Should Do if You Want To Retire Early5 Strategies High-Net-Worth Families Use To Build Generational WealthSuze Orman: 4 Moves Every Aspiring Early Retiree Must Make6 Daily Habits of Financially Secure People This article originally appeared on Beyond the 401(k): 3 Strategies To Retire Comfortably and Still Leave Money Behind
