Wealth Management | Plancorp | Financial Planning (2)

How to Best Approach Family Financial Planning

They say, "It takes a village to raise a child." Likewise, it takes a team to direct your family's financial future. This no-nonsense guide to setting your family's financial plan will help you make better decisions no matter your family budget or current financial situation. Read more…

What Should a Financial Planner do for You?

Is financial planning a good idea? The short answer is yes, it is definitely a good idea if you want to secure a strong financial future. Read more…

Caring for Aging Parents: What to know from a Financial Planner

Everyone is familiar with “Generation X,” but did you know it has garnered another term? Gen X is also called the “sandwich generation,” describing individuals who are simultaneously caring for their children as they enter adulthood and their aging parents who require more support. Read more…

Divorce & Financial Planning: A discussion with Family Lawyers [Video]

No one plans on getting divorced, but planning for the unexpected allows you to save and protect more than just your assets. At Plancorp, we have seen first hand the impact divorce has on families and some of those negative aspects could have been avoided had an appropriate estate plan been Read more…

8 Money Mistakes High Earners Should Avoid

You've probably seen media reports of successful business owners or celebrities facing financial challenges and wondered how that could happen. It may be surprising that they've gone through bankruptcy or foreclosure, but it turns out that people with high income can be just as susceptible to Read more…

How do Financial Planners Get Paid?

Carefully planning your financial future helps you meet goals and provide for loved ones and future generations. However, choosing the right types of investments, insuring your livelihood and possessions appropriately, minimizing tax liabilities, and crafting an estate plan can be difficult without Read more…

High Income, High Debt: How to Stay Ahead of Your Finances

Earning capacity and money management skills don't always go hand-in-hand. If you're a high earner with high levels of debt, you aren't alone, but there are key steps you should be taking to get on the path to financial independence. Once you understand your comprehensive financial picture, the Read more…

How Does a Prenup Work and Should You Get One?

Marriage is an exciting time for anyone, but special considerations exist for high-net-worth individuals. Real financial concerns are common: Should you consider combining finances after marriage? What sort of debt are you each bringing into the marriage? If you have more money, how will you manage Read more…

The Basics About Financial Planning and Financial Advisors

Planning for a strong financial future and achieving your financial goals requires developing a comprehensive strategy. A well-built plan will typically involve both short-term and long-term goals, and will also take into account unexpected events that could otherwise negatively impact your Read more…

4 Financial Benefits of Marriage

Love should always be the primary reason for two people to tie the knot, but the financial benefits of marriage are an added incentive. From the tax benefits of marriage to changes in Social Security and even the correlation between marriage and credit score, there’s a lot to be aware of after you Read more…