Plancorp Wealth Management

Everyone knows the phrase, 'Don’t put all your eggs in one basket.' We’re taught this from a young age as a basic way to understand that failing to diversify in a variety of scenarios increases risk of a negative outcome, and your finances are no different. We break down how retirement time horizon, tolerance for risk, and investment goals all affect your asset allocation decisions and how can you make sure your portfolio is properly diversified. #portfoliodiversification #wealthmanagement

Congratulations Nick Sebelski, CFP® for 5 years of service at Plancorp!

Maximize the impact of your restricted stock units (RSUs) by understanding how they fit into your financial puzzle. Learn how to maximize the benefits, navigate tax implications, and avoid common pitfalls. Don't let RSUs be just one piece of your financial puzzle - understand how they fit into your overall plan. #RSUs #financialplanning #taxstrategy

Protect your digital legacy with a comprehensive estate plan. Don't let your valuable online assets get lost or inaccessible. Learn how to include cryptocurrency, digital payment accounts, email, and more in your plan. #digitalassets #estateplanning

Considering hiring a financial advisor? Discover the distinctions between Registered Investment Advisors (RIAs) and Broker-Dealers. RIAs provide personalized advice, are regulated by the SEC, and have a fiduciary duty to act in your best interest. Broker-Dealers earn commissions and are held to a suitability standard. Which is best for you? Check out our blog to find out more. #financialadvisor #RIA #BrokerDealer #fiduciaryduty

Exciting news at Plancorp Wealth Management! We have a new opportunity available for a Portfolio Administrator to join our team in a hybrid role at our St. Louis office. The position will be a key part of Plancorp's St. Louis based investment operations team. Some of the essential qualifications for this position are: 🔹2 to 5 years of trading experience with mutual funds, equities, or bonds, or within a portfolio management team. 🔹Proficiency in trading software including, but not limited to, Orion Eclipse, Black Diamond, Red Black, Advent, or similar platforms. . 🔹Knowledge of actively managed verses passively managed portfolios. Ready for a new challenge? Apply today! https://hubs.ly/Q02DCKRG0

Robo-advisors can be beneficial for beginners with simple financial situations but may not be ideal for those with advanced careers and complex portfolios. Here are seven indicators that collaborating with a financial advisor might be a wise decision: 1. You want a plan tailored to your situation. A wealth manager is better if you want someone to consider all aspects of your finances, not just your investments. 2. You want someone to keep you on track. If you prefer having someone consistently assess your finances and goals and make necessary adjustments to your plan, working with a wealth manager could be a smart move. 3. You have access to equity compensation. Understanding the financial and tax implications of stock options, employee stock purchase plans, deferred compensation, and other equity compensation packages can be time-consuming and challenging. A wealth manager can provide valuable guidance through this process. 4. You want to minimize your tax obligation. While some robo-advisors may implement tax loss harvesting, that’s only one way to reduce your tax burden. A wealth manager can employ multiple strategies to minimize your tax bill. 5. You're maxing out your 401(k) and have money left over. A wealth manager can assist you in determining the most effective way to allocate those extra funds. 6. You're unsure about your approaching retirement. If you're a decade or less away from retiring and aren't confident that you can live comfortably and pass something on to the next generation, a wealth manager can help you get on track. 7. You want to make the most of your wealth. Doing okay is “okay.” But delegating more to a professional will help you maximize what’s available. A wealth manager can make recommendations based on your complete financial picture and the most up-to-date products and strategies to make the most of what you have. Unsure which option is best for you? Take our money match quiz to determine whether you lean towards DIY planning or comprehensive wealth management. Avoid jeopardizing your financial future by either not having enough support or paying for advice you don't need yet.

JUST LAUNCHED ✅ A digital content network created by advisors from Plancorp for hard-working people looking to build wealth, maximize equity benefits, and supercharge their financial future. Join the network if you want to navigate complex finances, cut out the noise, and make the most of every opportunity. Subscribe now for curated advice delivered right to your inbox once a month. #equitycomp #investmentstrategy #retirementplanning

High interest rates dominating the news? Don't worry there are still wealth-building strategies that can thrive in this environment! Senior Wealth Manager Susan Wofford Jones, J.D. , CFP® breaks down unique strategies like QPRTs, CRTs, and intra-family loans that can thrive in this economic environment and which strategies to postpone until rates stabilize. #WealthBuilding #FinancialPlanning #HighInterestRates

Curious about how artificial intelligence is shaping the future of financial planning? On The Plancorp Perspective, CEO & President Chris Kerckhoff Jr. and Director of Wealth Management Ranie Verby are joined by Senior Wealth Manager Chad Frazier to discuss how our level of financial planning and wealth management services fit into this ever-changing landscape. We're happy to make this month’s podcast episode, which is typically exclusive to Plancorp clients, publicly available. Don't miss out on this must listen conversation! #AI #wealthmanagement #financialplanning #PlancorpPerspective