2021-2022 RANKING & REVIEWS
BEST FINANCIAL ADVISORS IN ST. LOUIS, MO
Who are the Top St. Louis Financial Advisors to Consider for Wealth Management?
St. Louis is the second-largest city in the state of Missouri, so it’s no surprise that it, along with the suburb of Clayton, is home to several top financial planners and wealth management firms.
When you’re searching for a financial planner in St. Louis it can be difficult to know which factors you should look for. Many St. Louis investment firms may look similar at first glance.
But, when you’re planning for something as important as yours and your family’s financial future, you want to make sure you fully understand the distinctions between the different St. Louis financial planners that you run across in a search.
Some of the things to consider when trying to find the best St. Louis financial planner to work with include:
- The type of client they work with (is there a minimum investible asset level?)
- Whether they are fee-only or fee-based
- Whether they are a fiduciary
- The range of services offered
- If their personality fits with yours (more formal, casual, etc.)
- Whether they have a good reputation
It can take quite a while to go through every possible option you find for St. Louis financial planners on a Google search, so we’ve made it a bit easier for you.
AdvisoryHQ ranks the best financial advisors across the country by state, city, and region. We’ve researched and ranked 11 of the best financial planners in St. Louis and Clayton, MO that you can start with if you’re looking for expert financial planning and wealth management from a pro.
Award Emblem: Top 11 Best Financial Advisors in St. Louis, MO
Top St. Louis Financial Advisors | Brief Comparison & Ranking
|Best Financial Advisor in St. Louis||2021-2022 Ratings|
|Acropolis Investment Management||5|
|Buckingham Strategic Wealth||5|
|Cambridge Capital Management||5|
|Droms Strauss Advisors||5|
|HM Capital Management||5|
|Matter Family Office||5|
|North American Management||5|
|Paradigm Financial Advisors, LLC||5|
|Argos Capital Partners||3|
|Zemenick & Walker, Inc.||3|
Table: Top 11 Best Wealth Management in St. Louis | Above list is sorted by rating
What is the Difference Between a Fee-Based and Fee-Only Financial Advisor in St. Louis?
Understanding the fee structure of St. Louis wealth management firms is important because it can impact your relationship and how you feel about the firm. Here’s a brief overview of fee-only vs fee-based wealth management in St. Louis.
Best Firms Offering Wealth Management in St. Louis
Fee-Only St. Louis Financial Advisors
When a St. Louis financial advisor is “fee-only,” this means that the firm does not accept commissions or third-party referral payments. It is paid from client fees only.
A fee-only pricing structure minimizes potential conflicts of interest related to recommending and selling investment products.
Fee-Based St. Louis Financial Advisors
A “fee-based” financial advisor in St. Louis is free to accept commissions or financial incentives from the companies that provide financial products.
A fee-based structure does create some inherent conflicts of interest, so many fee-based St. Louis financial planners are also fiduciaries, which often counteracts the potential for conflict because they’re legally obligated to put the client’s best interests first.
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2021-2022 AdvisoryHQ’s Selection Methodology
What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services, and products that are ranked on its various top-rated lists?
Please click here “AdvisoryHQ’s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top-rated credit cards, financial accounts, firms, products, and services.
Detailed Review – Best Financial Advisors in St. Louis, MO
Below, please find the detailed review of each firm on our list of 2021-2022 best financial advisors in St. Louis. We have highlighted some of the factors that allowed these firms offering wealth management in St. Louis to score so high in our selection ranking.
Click on any of the names below to go directly to the review section for that firm. (The list is sorted alphabetically.)
- Acropolis Investment Management
- Argos Capital Partners
- Buckingham Strategic Wealth
- Cambridge Capital Management
- Droms Strauss Wealth Management
- HM Capital Management
- Matter Family Office
- North American Management
- Paradigm Financial Advisors, LLC
- Plancorp, LLC
- Zemenick & Walker, Inc.
Click below for previous years’ rankings:
- 2019 Review: Top 10 Best Financial Advisors in St. Louis & Clayton, MO
- 2018 Review: Top 9 Best Financial Advisors in St. Louis & Clayton, MO
- 2017 Review: Top Rated Financial Advisors in St. Louis
- 2016 Review: Top 9 Best Financial Advisors in St. Louis
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Acropolis Investment Management Review
Since 1999, Acropolis has been helping clients achieve the lifestyles they’ve worked hard to secure – and doing it with honesty, transparency, and integrity.
Key Factors That Enabled Acropolis Investment Management to Rank as One of the Best Financial Advisors in St. Louis.
Independent, Fee-Only Fiduciary
As an independent St. Louis financial planner that is fee-only, the Acropolis team does not receive any compensation or commissions from third-party companies that sell financial products, leaving the firm free to make completely unbiased recommendations.
Acropolis Investment Management has also gone a step further than many other financial planners in St. Louis by earning the CEFEX designation from the Centre for Fiduciary Excellence. This designates a firm with a high standard of advisor-client commitment.
Business Transition Services
When it’s time to sell or pass on your business, there are multiple financial challenges to address. A unique offering of this top-rated financial advisor in St. Louis is guidance through this important transition to set business owners up for a successful process.
Acropolis offers the Acropolis Business Liquidity for Entrepreneurs (ABLE) program that keeps business owners in control and informed while transitioning away from their business and onto the next stage of their life.
Through ABLE, business owners get expert guidance creating an exit strategy that ensures they and their family are well-taken care of.
Acropolis Investment Management | Top St. Louis Financial Advisor
Acropolis Investment Management works with private clients, institutional investors, and company-sponsored retirement plans. It’s one of the St. Louis investment firms that strives to maximize returns, minimize risk, and tailor solutions for each client.
With a goal to deliver a positive investment experience to each and every client, Acropolis Investment Management earns a 5-star rating and is one of the top St. Louis wealth management firms to consider for individual or business financial needs.
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Buckingham Strategic Wealth Review
For over 25 years, Buckingham Strategic Wealth has been committed to doing the right thing for its clients and aligning guidance with client needs. This fee-only financial planner in St. Louis is one of the largest on our list, with over 40 locations nationwide.
Buckingham uses an investment philosophy that incorporates logic, transparency, and simplicity. This top-rated financial planner in St. Louis balances risk and minimizes costs to help its clients achieve their financial objectives.
Key Factors That Enabled Buckingham Strategic Wealth to Rank as One of the Best Financial Advisors in St. Louis
Wide Range of Financial Services
If you prefer getting as many financial services in one place as possible, you’ll appreciate the wide range of offerings from these St. Louis financial planners.
One of the benefits of working with a larger firm is that you’ll often find a robust depth of services that may not be available at smaller financial planners in St. Louis or Clayton, MO.
Buckingham Strategic Wealth offers several financial solutions, including:
- Wealth Management
- Portfolio Design
- Retirement Planning
- Tax-Efficient Strategies
- Fixed Income Portfolio Construction
- Social Security Optimization Strategies
- College Savings Plans
- Wealth Transfer
- Multigenerational Coordination
- Insurance Policy Evaluation
- Charitable Gifts Planning
- Cash Flow and Budget Review
- Coordination with Other Consultants
- Business and Succession Planning
- Educational Resources and Events
Financial Planning for Nonprofits
Buckingham Strategic Wealth advisors understand the many layers of responsibility that come with managing a nonprofit organization. This specialty makes it one of the top St. Louis investment firms for nonprofits.
Its Buckingham Institutional Services™ provides institutions with objective and prudent financial guidance and education that is based upon each organization’s core mission and future goals.
As one of the larger St. Louis wealth management firms, Buckingham has a lot to offer individuals, institutions, and plan sponsors looking for top-notch financial planning in St. Louis. The firm also proudly serves dental practice owners.
Cambridge Capital Management Review
This top-rated St. Louis financial advisor serves a wide variety of clients around the country from its offices in St. Louis, MO, and O’Fallon, IL.
Key Factors That Enabled Cambridge Capital Management to Rank as a Top St. Louis Financial Planner
Comprehensive Financial Planning Solutions
Cambridge Capital Management offers a broad array of expert financial planning solutions for its clients. From those thinking about retirement to the emerging affluent, this top financial advisor in St. Louis has solutions tailored to meet just about any need.
Complete customization is a given for every client that works with Cambridge for wealth management in St. Louis or beyond. Some of the many services offered include:
- Retirement Planning
- Investment Management
- Risk Protection
- Estate Planning
- Tax Planning
- Education Funding
- Charitable Planning
Independent, Fee-Only, & Fiduciary
As an independent, fee-only financial planner in St. Louis, Cambridge Capital Management is not tied into any specific set of financial products. This is a benefit to clients as they get a wider range of recommendations for products and services.
The firm’s fiduciary commitment adds another layer of integrity and trust. Cambridge Capital Management makes a legal commitment to upholding the fiduciary standard of accountability to its clients. This standard enforces complete fee transparency and requires a financial advisor in St. Louis to always put the client’s needs first.
Cambridge Capital Management | Top-Rated St. Louis Financial Planner
Cambridge Capital Management is committed to doing whatever it takes to help its clients succeed in their financial goals. This is one of the St. Louis financial planners that understands the driver behind wealth, which is attaining life goals.
With a wide range of comprehensive services and a completely customized approach, Cambridge Capital Management is one of the best financial planners in St. Louis. We’ve awarded the firm a 5-star rating.
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Droms Strauss Wealth Management Review
Offering holistic wealth management and financial planning in St. Louis since 1994, is a top-rated firm, Droms Strauss Wealth Management. The advisors at this fee-based, independent SEC-registered firm offer nearly a century of combined experience.
These top-rated St. Louis financial advisors bring institutional-quality investment management to the individual investor and mold each solution to the distinct needs and goals of that client.
Key Factors That Enabled Droms Strauss Wealth Management to Rank as One of the Best Financial Advisors in St. Louis
You’ll never run into a “one size fits all” approach when working with Droms Strauss for wealth management in St. Louis. Its advisors understand that the path to reach financial goals is distinct for each client and financial plans are customized accordingly.
This top-rated St. Louis financial advisor employs a highly personalized approach to understanding, defining, and implementing tailored solutions for each client.
The steps in the client process, include:
Holistic Wealth Management Services
Wealth is influenced by multiple factors, and this is one of the St. Louis wealth management firms that go beyond just the money factor. Other important variables considered by Droms Strauss advisors include family, tradition, community, ethics, and financial education.
To ensure an integrated, holistic financial strategy, three key areas are considered:
- Financial Planning
- Investment Management
- Personal Wealth Management
Each service is offered with a personal approach, which allows these St. Louis financial advisors to better understand client needs and the individual dynamics of each person’s financial situation.
The advisors at Droms Strauss Wealth Management take the time to drill down into the needs, goals, and financial details of each client so they can formulate a tailored plan to help clients reach their financial life dreams.
These experienced advisors work with families, individuals, and businesses around the world, making a strong commitment to the success of each and every one. We’ve rated Droms Strauss Wealth Management with 5 stars as one of the best financial advisors in St. Louis.
HM Capital Management Review
HM Capital Management emphasizes teamwork and problem solving while always striving to do the best for clients. This fee-only, top-rated financial advisor in St. Louis is based in Clayton, MO, and was founded in 2005, with roots going back even further.
These experienced financial advisors in St. Louis serve affluent families and institutional clients. The firm fosters a client-first culture and long-term relationships.
Key Factors That Enabled HM Capital Management to Rank as One of the Best Firms for Wealth Management in St. Louis & Clayton
Independent, Fee-Only, & Fiduciary
By being a fee-only, fiduciary, independent financial planner in St. Louis, HM Capital Management offers clients a high level of trust and transparency. The firm is also free to provide clients advice and recommendations from a wider range of products and services.
As a registered investment advisor (RIA), HM Capital Management is mandated by federal law to uphold the fiduciary standard of accountability. What this means to an investor is that they can feel secure that financial guidance adheres to high ethical standards and is made with their best interests in mind.
HM Capital Management | Top Financial Advisor in St. Louis
Comprehensive Family Advisory
One of HM Capital Management’s core offerings is providing financial advisory services for families.
These award-winning St. Louis financial advisors pride themselves on being proactive problem solvers and simplifying money matters for multiple generations. An integrated approach offers families financial strategies that take into account the following areas:
- Current estate plan
- Historical and projected tax liabilities
- Education funding
- Business ventures
- Personal insurance
- Corporate benefits
- Charitable giving
- Asset titling
- Bill payment needs
Some of the core tenants of HM Capital Management include upholding high standards of professional ethics, an absence of arrogance, and modesty with social reserve. Each advisor at this top St. Louis financial planner has a passion for seeing their clients succeed.
With expertise in family financial advisory and a talented and dedicated team, HM Capital Management earns a 5-star rating as one of the best financial advisors in St. Louis to consider.
Matter Family Office Review
Clients working with Matter for wealth management in St. Louis tend to stay with the firm for generations. It has an impressive 95% client retention rate, which comes from the firm’s belief in building authentic, meaningful connections.
Key Factors That Enabled Matter Family Office to Rank as One of the Best St. Louis Financial Planners
Independent, Fee-Only Advisor
Matter Family Office is 100% owned by the management and employees of the firm. This independence enables these financial advisors in St. Louis to offer advice that has no conflicts of interest and is given with only the client’s best interests in mind.
As a well-respected family office, Matter works exclusively with families, so the firm’s service model is perfectly tailored to their distinct needs. Families working with this firm for wealth management in St. Louis can expect customized care, expert advice, and exceptional execution.
Wide Array of Services
Providing a broad range of family office support and services, clients can count on Matter Family Office to serve as a single touchpoint for several financial areas of their life.
There are three main categories of financial services offered by these expert St. Louis financial advisors, and each has its own set of sub-services. These categories are:
- Investment Management
- Wealth Planning & Coordination
- Culture & Legacy Planning
Culture & Legacy Planning is a particularly important service for affluent families. As this financial advisor in St. Louis reports, the fortune of most wealthy families is reduced by about 90 percent by the third generation.
The unique, holistic approach taken by the Matter Family office puts families before finances. Strategic financial strategies are designed to support family goals, legacy, vision, and shared values.
With a dedication to life-long, generational family office services designed to help families flourish, Matter Family Office scores a 5-star rating and is one of the best financial advisors in St. Louis for families to consider for their wealth management needs.
North American Management Review
North American Management (NAM) is a top-rated fee-only Registered Investment Advisor (RIA) with offices in St. Louis, MO, and Boston, MA. For over 90 years, the firm has been committed to excellence in helping clients across the country reach their personal and financial goals.
These experienced St. Louis financial advisors help wealthy families, individuals, nonprofit organizations, foundations, and endowments grow wealth and maintain legacies for the future.
Key Factors That Enabled North American Management to Rank as a Top Financial Advisor in St. Louis
Comprehensive Financial Services
As a top-rated choice for wealth management in St. Louis, NAM offers a wide range of comprehensive financial solutions.
Main areas of financial services include:
- Financial Planning: Uses goals-based wealth management to address current and future financial needs
- Investment Management: Focuses on asset allocation, security and manager selection, and portfolio construction
- Trustee/Trust Advisory Services: Through North American Fiduciary Services, LLC, NAM assists in administering trusts, educating beneficiaries, and offering trust accounting and tax reporting
NAM is privately owned and completely independent. This allows the firm to offer completely unbiased, conflict-free advice to its over 410 clients nationwide.
As registered investment advisors (RIAs), North American Management is legally and professionally obligated to always uphold the client’s best interests above all other interests.
This type of relationship provides a high level of client trust and security. The RIA status of this top financial advisor in St. Louis ensures the advice clients receive is always completely objective and conflict-free.
North American Management | Top Financial Planners in St. Louis
The firm’s advisors are dedicated to helping each client make wise decisions during the course of their life and to sticking with them every step of the journey. North American Management is awarded a 5-star rating and is one of the best St. Louis financial advisors to consider for your financial planning needs.
Paradigm Financial Advisors, LLC Review
Paradigm Financial Advisors is a fee-only top-rated financial advisor in St. Louis that takes an intensive, team-based approach to give clients individualized attention that can’t be found at bigger firms.
These expert St. Louis financial advisors specialize in financial guidance for business owners, high-net-worth individuals/families, corporate executives, physicians and other professionals, charitable entities, company-sponsored retirement plans, and pension plans.
Key Factors That Enabled Paradigm Financial Advisors to Rank as One of the Best Financial Advisors in St. Louis
This well-respected firm offering wealth management in St. Louis and Des Peres, MO offers fully customized portfolios that utilize both core and low-cost funds. This ensures a comprehensive allocation of assets along with tactical positions.
This calculated allocation includes investments in the following:
- Exchange-traded funds
- Low-cost funds
- Dividend-paying stocks
This strategy provides flexibility to keep long-term goals and objectives at the forefront of a financial plan and to easily adjust for any changes in priorities or market conditions.
Clients working with Paradigm for wealth management in St. Louis get the benefit of a full team working to help them reach their financial objectives. This includes a Certified Financial Planner™ professional, a CPA, and an attorney.
Each staff member of this St. Louis financial planning firm is required to pursue and attain recognized standards that reflect their positions, ensuring you receive well-founded financial advice.
Some of the professional designations obtained by the team at Paradigm financial advisors include:
- NAPFA Fee-Only Advisor
Paradigm Financial Advisors takes a highly personalized approach with each client and focuses on a fully holistic financial planning and wealth management strategy. Its team-based approach is designed to offer clients better results.
With a fiduciary, client-first commitment and proactive tax planning, Paradigm Financial Advisors earns a 5-star rating as one of the best financial advisors in St. Louis to consider for a variety of financial planning needs.
Plancorp, LLC Review
Specializing in retirement planning and peace of mind for individuals and families, Plancorp, LLC is a fiduciary fee-only financial planner in St. Louis, MO, Nashville, TN, Sarasota, FL, and San Jose, CA.
Plancorp has an impressive 98% client retention ratio and a large and experienced staff, with 64 team members holding CFP®, CFA®, or CPA designation.
Key Factors That Enabled Plancorp, LLC to Rank as a Top Financial Advisor in St. Louis
Broad Offering of Financial Services
For many clients, the best financial advisors in St. Louis have the ability to support a wide variety of financial needs. Not only does this make life easier for them, but it also helps support long-term relationships and holistic financial strategies.
As one of the top-rated firms offering wealth management in St. Louis, Plancorp may specialize in retirement planning, but it also offers a broad array of financial services for individuals, families, and business owners, including:
- Wealth Management
- Retirement Plan Advisors
- Exit Strategy Advisors
- Institutional Asset Management
- Family Office
InspireHer Women’s Initiative
Plancorp is committed to inspiring financial confidence in all women through education and empowering support.
InspireHer is a women’s initiative offered by this St. Louis financial planner that promotes financial literacy for women through a series of blogs and bi-annual events that feature guest speakers, book discussions, networking opportunities, and more.
To better serve its female clients, Plancorp leverages the expertise of its female advisors, actively listening to input from clients, and offering strategic solutions that address many key financial concerns for women.
Plancorp InspireHer | Top Financial Planners in St. Louis
Plancorp offers clients experienced guidance and pledges to act as their financial life advocate. This top financial advisor in St. Louis looks at the entire financial picture to craft holistic strategies to help clients meet their life goals.
With a focus on financial education and empowering people to reach their full potential, Plancorp scores a 5-star rating and is one of the best St. Louis financial planners to consider for a wide variety of needs.
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Argos Capital Partners Review
Argos Capital Partners offers highly customized solutions to select ultra-affluent families. This top-rated firm offering wealth management in St. Louis leverages connections with Argos Family Office tax and business experts to craft strategic solutions for both short-term and long-term goals.
This financial advisor in St. Louis does not specifically state whether it is fee-based or fee-only, however, it does note in its ADV that a primary broker-dealer used, CFI, does earn brokerage commissions. Further noted is that Argos has a policy to always act in the best interests of its clients and to disclose any potential conflicts of interest.
We always recommend confirming fee structure with St. Louis financial advisors when meeting with them.
Key Factors That Enabled Argos Capital Partners to Rank as Top St. Louis Financial Advisors
Tailored, Boutique Experience
Argos Capital Partners is focused on a select clientele, which allows its advisors to provide a highly tailored experience.
When going through the wealth management process, advisors develop a deep understanding of client family return and income goals, cash management needs, intra-family dynamics, risk tolerance, and more.
This top financial planner in St. Louis offers ultra-affluent families guidance fueled by expertise across several kinds of investment vehicles to help them reach their personal goals and objectives.
Commitment to Client
Clients obtaining wealth management in St. Louis through Argos can rest assured that the firm’s policies put the client’s needs front and center.
Any potential conflicts of interest from performance incentives are mitigated by the firm’s policy to always disclose potential conflicts. Advisors are also guided by the mission to act in the client’s best interest at all times when offering financial advice and recommendations.
Argos Capital Partners has an experienced and dedicated team that is well versed in serving the unique needs of ultra-high-net-worth families. This top financial advisor in St. Louis offers a holistic solution that includes tax mitigation and looks at all facets of a family’s financial life.
While reviewing this firm, we’ve realized that its website provides very limited information regarding the specific services offered. This may make it more difficult for potential clients to evaluate Argos, so we have rated the firm with 3 stars. It would also be helpful if the firm clarified whether it is fee-based or fee-only.
With more detailed information offered to potential clients, the firm could easily score higher in the future. Argos Capital Partners remains one of the best financial advisors in St. Louis for ultra-affluent families to consider.
Zemenick & Walker, Inc. Review
This experienced financial advisor in St. Louis specializes in the needs of high-net-worth individuals, employee benefits plans, and not-for-profit organizations.
Key Factors That Enabled Zemenick & Walker, Inc. to Rank as One of the Top St. Louis Financial Advisors
Zemenick & Walker, Inc. is a registered investment advisory firm (RIA) serving St. Louis and Clayton, MO area that adheres strongly to a fiduciary standard.
This means that financial advisors at the firm are legally and professionally bound to a high standard of client-commitment and transparency.
Unlike transaction-based relationships, where advisors are free to also be compensated by financial product or service providers, these St. Louis financial advisors only receive compensation through client fees, which mitigates unnecessary conflicts of interest.
In-Depth Investment Management Approach
As one of the best St. Louis investment firms, Zemenick & Walker uses an in-depth approach to design portfolios tailored for each client. This approach includes incorporating the following aspects of a client’s financial life:
- Cash flow
- Investment experience
- Investment goals
- Time horizon
- Income and federal taxes
- Personal income
- Charitable intentions
One of the hallmarks of the firm’s portfolio building strategies is to craft highly diversified portfolios for its clients. This is done by diversifying assets within a specific class, and then by segments within those asset classes.
Zemenick & Walker | Top Financial Advisors in St. Louis
Zemenick & Walker is an excellent St. Louis financial advisor to work with if you like to remain the ultimate authority over your investments. The firm is a non-discretionary investment advisor and makes all recommendations with only the client’s best interests in mind.
One specific area where this financial planner in St. Louis falls a little short of others is in the lack of detail about the full scope of its wealth management services. This may make it more difficult for a potential client to evaluate the firm’s offerings. Thus, we’ve awarded the firm 3 stars.
However, with just a little more detail provided on its wealth management offerings, Zemenick & Walker could easily score higher. It remains one of the best financial advisors in St. Louis for high-net-worth clients looking for smart, strategic financial solutions.
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Conclusion – 2021-2022 Top 11 Firms for Wealth Management in St. Louis & Clayton, MO
The time and effort that goes into finding the right financial advisor in St. Louis or Clayton, MO to work with are well worth it when it comes to shaping your financial future.
When you land on the perfect advisors to help you build and preserve your wealth, it can mean a lifelong relationship with trusted friends who have your back, no matter what unexpected events life may bring.
These eleven firms for wealth management in St. Louis represent some of the best partners you could work with. While their client specialties and offerings may differ, one thing they all have in common is a deep commitment to helping their clients succeed.
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