Top Financial Advisors in St. Louis, MO
Top Advisors in St. Louis
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in St. Louis?
The median advisory fee in St. Louis, MO is 1.35% of assets under management. This is 8% above the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.
How many fee-only advisors are in St. Louis?
There are 2,574 fee-only financial advisors in St. Louis, MO, representing 67.2% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.
What credentials should I look for in a St. Louis financial advisor?
The most common professional designation among St. Louis advisors is the CFP (Certified Financial Planner), held by 582 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.