Our Financial Services

Asset & Wealth Management Overview

At Magellan Financial, we are committed to serving your complete needs at every financial stage with our financial services.

Retirement Planning

• Analysis of 401(k) options
• Facilitate defined-benefit plans and profit-sharing plans
• Nonqualified deferred compensation
• IRAs, Roth IRAs, conversions and rollovers
• Prototype retirement plans

Estate Planning Strategies and Access to Trust Services

• Philanthropic donor services
• Personal trust services through affiliates
• Trust-fund portfolio administration
• Estate planning strategies

As a Wells Fargo Advisors Financial Network Advisor, we can provide access to Wells Fargo affiliate products and services such as Wealth Planning, Private Banking, Trust and Fiduciary Services, and Insurance as well as various customized and more traditional lending products.

College Savings Plans

• 529 Plans
• UTMA accounts
• Coverdell Education Savings Accounts (ESA)

Life Insurance Services

• Life insurance: whole life, universal life, variable life, term and special situation (e.g. second-to-die, key employee) policies
• Long-term care
• Nonqualified retirement planning

Insurance products are available through non-bank insurance affiliates of Wells Fargo & Company and underwritten by non-affiliated Insurance Companies. Not available in all states.

Business Financial Services

• Liquidity Event Planning
• Thoughtful transition plans
• Investing options that seek to provide tax-efficiency

Investment Planning

To help you prepare for the future, we begin the planning process by analyzing your:

• Potential Income growth
• Tax liabilities
• Net worth
• Retirement-income needs

Investment Management

• Tactical Asset Allocation
• In-house Money Management
• Progress Meetings

For more information about our financial services & wealth management, contact our team of Financial Advisors today!

Please keep in mind that rolling over your qualified employer sponsored retirement plan (QRP) assets to an IRA is just one option. You generally have four options for your QRP distribution:
Roll over your assets into an Individual Retirement Account (IRA)
Leave assets in your former QRP, if plan allows
Move assets to your new/existing QRP, if plan allows
Take a lump-sum distribution and pay the associated taxes

Each of these options has advantages and disadvantages and the one that is best depends on your individual circumstances. You should consider features such as investment options, fees and expenses, and services offered. Your Wells Fargo Advisors Financial Advisor can help educate you regarding your choices so you can decide which one makes the most sense for your specific situation. Before you make a decision, read the information provided in this piece to become more informed and speak with your current retirement plan administrator, and tax professional before taking any action.