Ballwin, MO Financial Advisors and Resources

Financial Advisor Firms in Ballwin, MO



(636) 537-8770

15415 Clayton Road

Ballwin, MO 63011

SEC#: 801-62329
Years in Business: 18 years

How Retirement-Friendly is Ballwin, MO?

  • Population: 30,252
  • % of Population 62 Years and Over: 21.3%
  • Average Home Value: $269,600
  • Average Monthly Housing Cost: $1,325
  • Average Household Income: $121,844
  • Missouri Total Tax Burden: 7.75% (12th Lowest in U.S.)
  • Missouri Property Tax: 2.25% (12th Lowest in U.S.)
  • Missouri Individual Income Tax: 2.37% (25th Highest in U.S.)
  • Missouri Sales and Excise Tax: 3.13% (20th Lowest in U.S.)

Ballwin, MO Financial Advisor FAQs

There are a number of ways in which a financial advisor can be compensated. A fiduciary advisor will usually charge via a flat fee based on the size of your portfolio or an hourly fee. Some might just have you invest with them and then take a percentage of your investment gains. As long as they're not charging more than 1% annual fees, these funds are considered to be reasonably low risk for advisors.
Consider their knowledge, or expertise on the matter of investing, and whether they recommend more conservative investments, or ones which have a higher level of risk associated with them.
Financial advisors can help you choose the right investments for your retirement, plan for long-term savings goals, or assist with finding more specific strategies tailored to your situation. A financial advisor may be able to offer advice on how to handle high-interest debt accumulation and projections of what you will need in retirement.
Look for referrals from friends, co-workers, and family members. Speak with several financial planners to see who feels most comfortable consulting you one on one about your personal story in addition to evaluating your current portfolio of assets. Check his licenses if he is planning on advising you regarding investments.