Wealth Management | Plancorp | Financial Planning (4)

Reverse Budgeting: Creating A Budget That Actually Works

Creating a budget and sticking to it is difficult for most people because the process is time consuming and restrictive. Traditional budgeting forces you to make every decision as if you live in a spreadsheet. But guess what? You don’t live in a spreadsheet. Read more…

Your Financial Team - Why You Should Like Your Financial Advisor's Firm Too

Your advisor is your personal contact and captain of your wealth management strategy, but it’s important that he or she is backed by a strong team. That’s why it’s critical to look beyond your individual advisor and learn about the entire firm. Read more…

The Money Tree (and Other Basic Investing Principles)

How old were you when you first started seriously thinking about money? For me, it was when I was eight, based on “The Money Tree” book that I “authored” for a third-grade assignment. Read more…

How to Find a Financial Advisor That Works for You

There’s one more important detail to pay attention to when comparing advisors: The way they get paid. Unfortunately, not all advisors operate by the same methods, and how an advisory firm generates revenues and compensates its employees is a critical factor in the quality and type of advice you Read more…

Financial Advisor Credentials: Which are Most Important?

You may have noticed that advisors go by many different professional titles, which are often followed by a trail of different three-letter acronyms representing special designations. They seem important—but not all titles and credentials are as valuable as they sound. Read more…

What to Look for in a Financial Advisor

The potential value of a relationship starts with the person who will be guiding your financial decisions. You’re looking for someone with deep knowledge and experience to back up their advice, and you want to gauge whether that advisor is a good fit for your family’s needs. Above all, you want Read more…

Common Scenarios That Call for Deeper Financial Expertise

Every family is unique, and everyone has their own questions, priorities, and vision for the future. However, there are certain life events or financial situations that are especially complex and call for deeper expertise from a financial advisor. Read more…

The 8 Essential Elements for a Complete Financial Plan

Perhaps you’ve been told that you need a financial plan or you think you already have one. Either way, here are the essential sections a complete financial plan should cover. Many clients initially seek financial advice because they want help making smart investment decisions. But investments are Read more…

Important Questions to Ask Your Financial Advisor

A productive working relationship with an advisor begins with trust and transparency. Even before you dive into the details of the advisor’s services, you want to understand key issues that reflect how they define and uphold their commitment to clients. This is true for any advisor, and is Read more…

New Year Planning Tips and Resources

As we begin the new year, this is the time to review your financial plan and work towards a successful financial plan for 2021. In this video Peter Lazaroff, Chief Investment Officer and Daniel Lee, Senior Wealth Manager give their top financial planning tips. You will find a list of their tips as Read more…