Financial advisors for family wealth transfer in Memphis, Tennessee

Which financial advisor should I talk to about passing wealth to the next generation in Memphis?

For family wealth transfer in Memphis, talk to a fee-only planner who works with more than one generation, and who will sit down with your children as well as you. The technical work is gifting and trusts, but the harder part is usually preparing the family. Records to start with include April Lowery of Kelman-Lazarov, Nathan Powell of Legacy Wealth Management and William Allen of Red Door Wealth Management.

How many fee-only financial advisors in Memphis work on family wealth transfer?

The Wellspent public graph lists 46 fee-only advisors for family wealth transfer in Memphis, at 5 firms. We counted every advisor record that lists this work, as of October 2026.

How do fee-only advisors for family wealth transfer in Memphis charge?

The most common fee among fee-only advisors for family wealth transfer in Memphis is a percentage of assets, used by 100% of the 46 with fees on file. Many use more than one: 91% charge fixed fees and 37% charge performance-based fees.

How much do fee-only financial advisors charge in Tennessee?

Fee-only financial advisors in Tennessee charge a median of $4,200 a year for ongoing planning. We found this across the published prices of 13 Tennessee firms.

How much does a one-time financial plan cost in Tennessee?

A one-time financial plan from a fee-only firm in Tennessee has a median price of $2,000. We found this across the published prices of 15 Tennessee firms.

See every fee-only advisor fee in Tennessee

What credentials should a financial advisor for family wealth transfer have?

For family wealth transfer, look for the CFP. In Memphis, 52% of the 46 advisors listed hold the CFP.

Does Tennessee have an estate or inheritance tax?

No. Tennessee has no state estate or inheritance tax, so the federal rules are the main ones to plan around.

What should I ask a financial advisor about passing wealth to the next generation in Memphis?

1. How do you involve the next generation, and when?
2. What would you gift now, and what would you hold until death?
3. How do you work with our attorney and accountant?
4. What happens to the relationship when the first generation is gone?
5. If I own property in another state, could its estate tax apply?

How current is this list of fee-only advisors for family wealth transfer in Memphis?

Wellspent last checked these records against SEC records in October 2026 and firm websites in October 2026. Each advisor's page shows the date for that record.