Financial Advisors St. Louis, MO

Financial Advisor Reviews St. Louis, MO

Craig Toberman of Toberman Wealth is licensed to serve clients in Illinois and Missouri. The firm operates using an AUM fee structure with an annual fee of 0.75%. As a fiduciary, the firm never receives commissions or sells any investment products or insurance. Its source of revenue comes from client annual fees. Many of Toberman Wealth’s clients are investors and business owners who are over the age of 50 and are retired or planning for retirement. The firm prides itself on offering concierge-level service to its clients. To open or maintain an account, clients do not have to meet a minimum investment requirement.

To learn more about Toberman Wealth, read our full review.

Plaza Advisory Group, is a private financial services firm located in St. Louis, Missouri. Their core focus is on providing clients and their families with comprehensive wealth management strategies. In partnership with Steward Partners Global Advisory, they offer a range of advisory services including investment management, retirement planning, tax planning, and legacy building. The team at The Briggs Group consists of licensed finance professionals who adopt a holistic approach to construct enduring financial portfolios, ensuring their clients’ wealth lasts well beyond a single generation. To engage their services, a minimum investment of $1 million is required. Additionally, clients can avail themselves of the expertise of up to three licensed advisors whenever needed.

To learn more about Plaza Advisory Group, read our full review.

Visionary Wealth Advisors offers financial planning, consulting with financial advisors and investment management services. The firm has offices in St. Louis, MO as well as Florida, Colorado and Illinois. Financial advisors at the firm offer financial planning for individuals and families, retirement and estate planning, and perform insurance assessments to ensure clients are adequately protected against risk. Visionary Wealth Advisors also assists with planning for higher education expenses. Small to medium-sized businesses can discuss and receive customized employee retirement benefit plans with financial advisors through fiduciary agreements. The Visionary Family Office program provides a central resource for the family finances of high net worth clients. A team of specialists works together in this program to assist families with achieving short and long-term goals.

Working with a financial advisor at Visionary Wealth for comprehensive financial planning involves a fixed cost of $1,000 to $25,000, depending upon the scope and complexity of the services to be rendered. Investment management clients may pay a reduced amount for financial planning. A percentage of assets determines investment management fees.

Krilogy Financial was founded in December 2008 to provide truly independent financial advice and portfolio planning services. The firm assists clients with managing all aspects of their finances. Financial advisors at Krilogy assist clients with investment planning, life insurance, taxes, retirement and college planning and working through debt and help with credit concerns. Krilogy doesn’t provide ongoing financial advisory services, which end with the final financial plan, unless you’re interested in using the firm to help manage your investments. Portfolio management starts after determining the client’s needs and objectives, and then the investment team develops a customized, well-rounded portfolio. Krilogy manages the portfolio’s risk and maximizes diversification while seeking higher returns.

Krilogy Financial charges between $250 and $400 per hour for financial planning, a percentage of assets for investment management services with a fixed fee for other services.

Clarity Financial Planners is heavily-focused on providing investment portfolio advising and management and offers financial advisory services to consult with clients on several topics. Financial advisors discuss tax, retirement, estate and college planning, personal cash flow, trusts, insurance and structuring the sale of a business. The firm provides financial planning to investment management clients at no cost to help them achieve financial goals and provides investment education seminars. Clarity Financial Planners portfolio management service ensures a new client’s existing investments support their lifestyle goals. These clients receive a transition plan for changing current investments to those recommended by Clarity Financial Planners. Investment managers continuously monitor client portfolios and hold review meetings to discuss the account as necessary. The firm favors no-load mutual funds.

Clarity Financial Planners only charges fees based on a percentage of assets managed.

Financial advisors at St. Louis Financial Planners consider the needs, resources and personality of each client to deliver services in a way that meets their comfort level. The firm ensures clients understand all concepts and advice clearly from the initial financial strategy session and going forward. Clients explain their goals and needs as well as any circumstances that may impact their plan. Services include Fundamental Planning to streamline assets that aren’t performing well and to reduce debt, and Family Protection with an insurance review and estate planning. The Savings and Investments services ensure investments are adequate and not too risky, along with a variety of defensive measures to consistently grow capital and minimize volatility. The program also addresses the need for income for retirees. Clients receive ongoing communication through a variety of channels, so they always know what their advisor is doing to help secure their future.

St. Louis Financial Planners charges an hourly $200 fee for some financial advisory services, as well as commissions and a percentage of assets managed.

The partners at Modern Dollar bring 20 years of financial planning experience and many years of financial advisory experience with two of the largest independent wealth advisory firms in St. Louis. Working with a financial advisor at Modern Dollar Planning starts with a three-part financial planning program. The client and advisor first meet to gather financial data and to discuss goals and client history. The second meeting runs about two hours while the advisor discusses the client’s interactive financial plan, then a final session takes place to work through how to implement the plan. Clients who participate in the second phase of Modern Dollar’s services receive ongoing wealth management assistance. This service includes semi-annual meetings with the financial advisor and continuous access to the advisor throughout the year. Financial advisors at Modern Dollar provide a thorough plan considering all areas of finances.

Financial planning costs $200 per hour or client’s pay one of three fee arrangements depending on the assets managed, the complexity of finances and degree of ongoing assistance require. Modern Dollar Planning charges $2,500 to $4,000 annually for those holding assets under $500,000, and $4,000 to $10,000 for most complicated services for those with up to $1.5 million in assets. High net worth individuals and businesses pay $10,000 per year minimum. There is an additional $1,500 engagement fee for wealth management services.

Financial advisors at Buckingham Strategic Wealth educate clients while working alongside them to promote the understanding of how to make informed money management decisions. The firm is not an investment broker posing as an advisor and provides a financial plan to protect, grow and manage financial risk. Holistic financial planning examines the client’s taxes, insurance, Social Security, charitable giving and trusts. Businesses and other significant assets get included in the overall financial plan at Buckingham Strategic Wealth. Investment advisors make decisions based on decades of peer-reviewed research to provide time-tested financial growth.

Buckingham Strategic Wealth offices are located across the U.S., with assets under management cumulative across all locations. The St. Louis, MO office employs several wealth advisors as well as 12 financial advisors. The firm publishes no minimum asset requirement and instead requires a minimum $5,000 fee for services. However, accounts under $500,000 are accepted only on a case-by-case basis. Buckingham has varying charges for different services, with a minimum of $5,000 annually for wealth or financial advisory services. Those who do not require full financial planning with investment management services pay $250 quarterly. The firm also charges hourly fees and a percentage of asset balance for investment management.

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