Toberman Wealth is an independent, fee-only fiduciary financial advisor in St. Louis, Missouri. As a fiduciary, the firm never receives commissions or sells any investment products or insurance—its only source of revenue is the client’s annual fee. Toberman Wealth provides all types of families with retirement planning advice and fiduciary investment management. Craig Toberman, founder and certified advisor, designed the firm from the ground up. He prioritizes transparent and sales-free financial planning.
Toberman Wealth Investment and Advisory Services
Craig Toberman of Toberman Wealth is licensed to serve clients in Illinois and Missouri. 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. Toberman Wealth’s primary service offerings include:
- Retirement planning
- Investment planning
- Tax planning
- Family business planning
Who Toberman Wealth Serves
Toberman Wealth is a fee-only financial advisor serving the St. Louis community. The firm offers financial planning and investment advisory services to both average-income and high-net-worth individuals as well as corporations or other businesses. Many of Toberman Wealth’s clients are investors and business owners who are over the age of 50 and retired or planning for retirement. The firm does not require a minimum investment to open or maintain an account.
|Toberman Wealth Overview
|0.75% annual fee
|Number of Advisors
|1741 S Big Bend Blvd St. Louis, MO 63117
Toberman Wealth Experience and Qualifications
Craig Toberman is a Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), and Certified Public Accountant (CPA). He also holds a Bachelor of Science (B.S.) degree in Agricultural and Consumer Economics from the University of Illinois and a Master of Business Administration (M.B.A.) in Finance from Saint Louis University.
With over a decade of experience, Toberman has crafted custom financial plans for hundreds of families and businesses. He is a member of the National Association of Personal Financial Advisors (NAPFA), Fee-Only Network, Financial Planning Association, and XY Planning Network. Toberman has also lent his financial expertise to outlets like Bloomberg, CNN Business, FOX 2 St. Louis, and InvestmentNews.
Toberman Wealth FAQs
What is Toberman Wealth’s minimum investment requirement?
Toberman Wealth does not have a minimum investment requirement.
What is the cost structure at Toberman Wealth?
Toberman Wealth offers fee-only advising. The firm charges clients a percentage of assets under management.
What is the investment strategy at Toberman Wealth?
The firm takes a comprehensive investment approach that considers your goals, risk tolerance and capacity, time horizon, and preferred asset allocation. By considering the entire financial picture, Toberman Wealth creates a more engaging, personalized experience. And because the firm is independent, it is not bound by sales quotas or institutional agendas that could influence the advice you receive from other professionals.
Does Toberman Wealth work with clients outside of St. Louis?
Craig Toberman, the principal advisor at Toberman Wealth, is licensed in Illinois and Missouri. While most clients are in St. Louis, the firm can work with clients throughout the U.S.
How often does Toberman Wealth meet with clients?
Because each family and investor has different needs, there is no set schedule—clients can request meetings on an ad-hoc basis or schedule recurring appointments. Toberman Wealth suggests meeting as client circumstances change rather than planning meetings ahead of time.