Plancorp

Plancorp

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540 Maryville Centre Drive Suite 105

Saint Louis, MO 63141-5829

636-532-7824

plancorp.com

No. advisers: 54

AUM: $3,440,711,100

Asset Breakdown

Staff
Employees 54
Clients
High-net-worth individuals 76-99%
Financial planning clients N/A
High-net-worth client assets More than 75%
Compensation
Percentage of assets under management Yes
Hourly charges Yes
Subscription fees No
Fixed fees Yes
Commissions No
Performance-based fees No
Total AUM Total Accounts Avg. Account AUM
Discretionary $3,437,552,700 5,790 $593,705
Non-discretionary 3158400 15 $210,560
Total $3,440,711,100 5,805 $592,715

DOL fiduciary rule: Brokers, advisers hoping delay is time well spent

August 10, 2017 - The 18-month delay of the Department of Labor's fiduciary rule will lead to more talk and more confusion, according to brokers and advisers. "This [delay] is the stupidest thing I've ever heard, because the longer it goes on, the worse it is for consumers...

Robo-adviser takes a stake in Plancorp

May 25, 2017 - Financial advice firm Plancorp has attracted a novel investor. The 34-year-old advisory firm is now partially owned by a fintech firm launching a digital advice platform later this year. The St. Louis, Mo.-based registered investment advisory firm, which...

RIAs say DOL rule delay doesn't matter because industry is moving toward fiduciary anyway

April 5, 2017 - Independent financial advisers are generally shrugging off the Department of Labor's 60-day delay of its fiduciary duty regulation, suggesting that the proverbial horse is already out of the barn. "The delay is just delaying the inevitable," said Shawn...

RIAs at odds over fees for clients' cash balances

February 10, 2017 - With the stock market charging ahead to new highs, financial advisers are faced with the question of whether to move some of their clients' profits off the table by going into more cash or cash equivalents. But doing so raises an even bigger question:...

Labor Secretary Thomas Perez gets high marks for guiding the fiduciary rule through the regulatory shoals

April 10, 2016 - When Labor Secretary Thomas Perez last week rolled out the final version of a regulation that would raise investment advice standards for retirement accounts, he achieved a major milestone for a measure that was first proposed nearly six years ago. For...

Tedious work and quarterbacking ultimately lead to grateful clients

March 29, 2015 - It's hard to believe almost a year has passed since I joined Plancorp. New opportunities for growth and learning have presented themselves every day. At times, I've risen to the occasion, and other times I've found myself short of the mark. Through it...

Finding his planning niche

March 29, 2015 - Spring is looking busy for Sam Honey as he prepares for the certified financial planner exam and the arrival of his second child. The 26-year-old planning associate at Plancorp expected to take the CFP exam last Saturday. In the course of studying for...

New dad, new job

December 14, 2014 - For Sam Honey, a planning associate at Plancorp, the last seven months have been about sacrifices — all in the name of getting to the certified financial planner exam in March. The 26-year-old is enrolled in a prep course, but he takes time to continue...

Work-life balance is this new dad's goal

October 5, 2014 - The past three months have been especially busy for Sam Honey, 25, an associate at Plancorp who is juggling fatherhood, his career and plenty of studying for the certified financial planner exam. Mr. Honey graduated from Kansas State University on May...

Variety of tasks, client issues makes each day instructive

October 5, 2014 - My role at Plancorp has certainly grown over recent months. I may have finally entered the asset column of the human capital balance sheet. As I have become more familiar with clients, processes and financial planning in general, my task load has grown...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

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*Methodology: InvestmentNews qualified 1,906 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1, 2017. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2017, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) nor one who is an insurance company or agency.

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