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David HunterCFP®

As an independent financial advisor we have latitude as to how we charge for our services. This allows us to tailor our fees to the amount of advice you actually need.

Asheville, NC
President, Horizons Wealth Management, Inc.
Fee Structure: Fee-only
Typical minimum client assets: No preference

This describes how advisors are compensated for their work. Learn more in our Guide to Advisor Compensation
Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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137 people found David's answers helpful

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  • 11 out of 12 people found this answer helpful

    Is it possible to cash out part of my 401k and roll over the rest?

    Personal Finance, Investing, 401(k)

    Yes, you can contact the plan provider and ask for the appropriate forms.  To complete the rollover

    more »

    Yes, you can contact the plan provider and ask for the appropriate forms.  To complete the rollover you will need to have a new 401k account or a Rollover IRA open.  Either of those two accounts could receive the "Roll Over".

    Be careful with how much you cash out.  I would recommend you withhold some for the taxes, plus 10% for the penalty if you are not eligible for early withdrawal.

    Best wishes.

    Was this a helpful answer?

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  • 4 out of 4 people found this answer helpful

    I'm looking at rolling over a 401(k), but I'm worried about the tax bill. Ideally, I'd like to move it into an IRA. Can I do that?

    Tax Deductions and Credits, Taxes, Investing, 401(k), Traditional IRA

    You can do a rollover to a traditional IRA and rollover the Roth portion to a Roth IRA.  There are

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    You can do a rollover to a traditional IRA and rollover the Roth portion to a Roth IRA.  There are no income limitiations to do so.  

    Most important is to make sure they qualify it as a direct rollover, not a distribution.

    Best wishes,

    Was this a helpful answer?

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  • 3 out of 3 people found this answer helpful

    How can I tap into my 401k early without penalty?

    Retirement Savings, Investing, Retirement, 401(k)

    You are on the right track.  You need to find a professional that can work with you to determine

    more »

    You are on the right track.  You need to find a professional that can work with you to determine what is available for you.  As you can see there are multiple options that all differ based on a multitude of variables.  If you have worked with a CPA in the past, they may be able to assist given their knowledge of your situation.  If not, try and find a CFP that you feel comfortable talking to.

    The obvious best solution would be if you are 59.5 and can take the distributions without penalty.

    Good luck with your quest.  


    Was this a helpful answer?

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  • 3 out of 3 people found this answer helpful

    Should I pull money from my savings to pay off some of my debt?

    Retirement Savings, Personal Finance, Debt, Retirement

    If you have more in cash or savings than you need for an emergency fund...then I would consider paying

    more »

    If you have more in cash or savings than you need for an emergency fund...then I would consider paying down debt in a strategic way.  I would not consider taking from your IRA and paying more taxes than needed. 

    You should probably use a fee-only advisor to help guide you toward the correct path.  You can find highly qualified advisors at CFP, Paladin and NAPFA.

    Best wishes,

    Was this a helpful answer?

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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    • 81 views
  • 2 out of 2 people found this answer helpful

    My grandma has gold bars. How do I help her sell them?

    Personal Finance, Investing

    I would recommend trying to find an exact match on eBay.  See if they are selling any like your

    more »

    I would recommend trying to find an exact match on eBay.  See if they are selling any like your Grandmother's.  That may give you an idea of the bars worth.  From there you can start with local gold dealers.  I would suggest not selling them on eBay, just use it as a resource.

    Best wishes,

    Was this a helpful answer?

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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    • 509 views
  • 2 out of 2 people found this answer helpful

    I am receiving an inheritance of $ 450,000 to $500,000. How can I make the most of it?

    Retirement Savings, Personal Finance, Investing, Retirement

    You are a prime candidate for a financial plan.  You should start with that.  Try going to

    more »

    You are a prime candidate for a financial plan.  You should start with that.  Try going to CFP, Paladin, or NAPFA to find a few advisors your can interview. Pick one that you feel comfortable and confident in. 

    While you are working on a financial plan you need to make sure you have the money in an FDIC insured account.  With the current limits this may take a couple of bank accounts for you.

    Best wishes,

    Was this a helpful answer?

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  • 2 out of 2 people found this answer helpful

    I am 62 years old and have $58,000 in credit card debt. Should I borrow from my 401(k) to start paying this down?

    Debt, Personal Finance

    I think you are asking about a loan not a withdrawal?   A loan from your 401k would almost certainly

    more »

    I think you are asking about a loan not a withdrawal?  

    A loan from your 401k would almost certainly save you money.  You would not only stop the interest from going to the credit card company, but you would be paying your 401k back some interest!  All of this would leave you out of your normal 401k investments, no one knows if they would perform better for you.

    Now, if you pay this portion down, use it as a springboard to keep paying the rest off.  DO NOT look at it as extra funds to spend.  Or you will end up in the same predicament, only with a 401k loan payment as well.

    Best wishes,

    Was this a helpful answer?

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    • 693 views
  • 2 out of 2 people found this answer helpful

    How do I think about buying term life insurance versus whole life insurance?

    Insurance

    Term is the bare minimum tax expense.  It is specifically designed to cover a period of years that

    more »

    Term is the bare minimum tax expense.  It is specifically designed to cover a period of years that are most important in your earnings and savings.  For example, I purchased a term policy when my daughter was born for 20 years.  By that time she should be into college and not relying on my income or finances as much.  At least I hope :)

    Whole life is a form of forced savings.  They will put you on a schedule to pay premiums for the remainder of your life that equals your death benefit.  So if you live a full life...at death you will be returned your savings.

    Best wishes,


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  • 2 out of 2 people found this answer helpful

    I'm thinking about getting started with investing, but I'm not sure where to begin. I'm aiming for a moderate risk index fund. Any suggestions on where to invest?

    Asset Allocation, Investing

    Will, I would look into a Vanguard Target Date fund.  They are very low cost solid funds.  Each

    more »

    Will,

    I would look into a Vanguard Target Date fund.  They are very low cost solid funds.  Each one is a diversified mix of investments.  The shorter the time you use, the more conservative, the longer the date the more aggressive.  At your age you need to try to stretch for growth since you have a long time to allow the investments to work for you.  

    Best wishes,

    Was this a helpful answer?

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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    • 42 views
  • 2 out of 2 people found this answer helpful

    Should I put my money into a non-matching 401K or into paying off my student loans (Stafford at 6.55%)? I'm 30 and a medical resident making 70K at present, although I will be making around 230K when I start practice as an anesthesiologist next August. Will be getting married in the next month.

    Paying for college, Personal Finance, Investing, 401(k)

    Congratulations!  Both on the marriage and the new position.   YES! At your income level you

    more »

    Congratulations!  Both on the marriage and the new position.  

    YES! At your income level you are not going to find a better pre-tax option than your 401k.  The student loan should be tax deductible as well.  It should be a distant 2nd to socking it away into the 401k.

    Best wishes,

    Was this a helpful answer?

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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About

David has been working as a financial planner since 2001. He holds a BSBA in Finance (Financial Planning) from Western Carolina University, where he has served on the Finance Advisory Board. David attended WCU on a full athletic scholarship where he played quarterback for the Catamounts. He earned his CFP® certification in July of 2004.

David was married in July 2002, to Misty, who is an English teacher employed with Buncombe County Schools. They had their first child, Sadie, in September 2008. David is an outgoing individual and enjoys working with people. What he enjoys most about Horizons Wealth Management is the true “team” atmosphere, as well, as building lasting relationships with clients. David was raised in Brevard and currently resides in North Asheville with his family. He enjoys spending time with family and friends, reading mystery novels, and participating in sports such as golf, basketball and other physical fitness activities. David is a loyal football fan and frequently attends high school, college, and professional ballgames.


Details

Contact Info
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Email
davidhunter@horizonswealth.com
Phone
8283379395
Web
I am available for web conferencing
Address
82 Patton Avenue, Suite 202
AshevilleNC 28801
Address
220 N. Main Street, Suite 500
GreenvilleSC 29607
Firm Website
Focus Areas
Personal Finance, Retirement, Investing
Client Specializations
People near retirement
Education
BSBA, Financial Planning, Western Carolina University
Registrations
Firm CRD #127457
Regulatory Records
Please visit FINRA's website to review Horizons Wealth Management, Inc.'s records
While designations are not everything when selecting a financial advisor, they often indicate a certain level of knowledge related to a specific field and/or commitment to certain ethical and professional standards. Please see our detailed Guide to Financial Advisor Designations for more information.
Designations
CFP®

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*Financial Advisor Disclaimer: 

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