When I look through the funds that investors use – be it an individual, institution, or 401(k) plan – I’m always amazed by the high fund expenses. Read more…
Thinking About Markets Like Piles of Sand
The idea of complex adaptive systems might sound overwhelming, but an experiment conducted by physicist Per Bak makes the concept easier to understand. Read more…
The Case Against Permanent Life Insurance
Nearly everyone needs life insurance, but it’s easy to end up with a bad policy. Read more…
Time Beats Timing
It’s tempting to think about the possibility of buying and selling at just the right moment. Here’s a dirty little secret that most of the investment industry doesn’t want you to know: Time is more important than timing in investment success. Read more…
Are Your Retirement Plan Fees "Prudent and Reasonable"?
In 2006, Jerry Schlichter, a St. Louis plaintiff lawyer, began suing 401(k) fiduciaries. His contention was that retirement plan fiduciaries were not properly overseeing their plans – particularly the duty to make sure fees were “prudent and reasonable.” Read more…
Raising Financially Savvy Daughters: Perspectives from Plancorp Dads
Instilling the value of money in our children is a difficult task for most anyone. There are so many questions to consider. What age do we start talking about money? How much of an allowance should we give our children? How should we encourage them to spend/save their money? Read more…
5 Considerations for a Successful Wealth Transfer
You’ve worked your whole life to build and maintain your wealth, so thinking about passing it on can seem daunting. How much should you tell your children about your finances? And how can you distribute your wealth in a way that supports your heirs, as well as your community? Read more…
What’s Your Cause? How to Tie Board Decisions to Your Mission
Because one of my favorite things is pizza, I often joke that it gives me “purpose.” What better motivator is there during a long week than a family dinner at Farotto’s? Read more…
Own a Business in Illinois? You May Be Forced to Start a Retirement Plan
Small businesses are facing big changes in Illinois. In 2015, the Illinois State Legislature’s Secure Choice Act began a series of steps that ultimately led to the creation of a “State Sponsored Retirement Plan.” Now, small businesses may be forced to become participants in a retirement plan Read more…
Jessica Kerckhoff's Kids Yoga United
Written by Jessica Kerckhoff, InspireHer Guest Author Give a brief overview of your organization. Kids Yoga United is an organization I founded recently in St. Louis. Our mission is to spread yoga to children throughout the St. Louis area regardless of their ability to pay. We have a Foundations Read more…
