Financial clarity is my specialty. Hire my team at Plancorp to show you the way.
Schedule a 30-minute call to share your goals and see what our team can do for you.
Questions You May Have
What will we cover on our first 30-minute call together?
On our initial 30-minute call, I ask you to share what you want to get out of working with a financial advisor, a handful of your key numbers, and any looming concerns or goals you have with your finances.
What you share also helps me consider which Plancorp team members may be an excellent fit for your wealth management team if you choose to work with us. We have a wide range of specialties, and if you decide to work with our firm we build a custom team for you.
By the end of the first call, the goal is to understand if my team could be a good fit to help you with your financial planning and investing goals.
If we both agree and want to explore the relationship further, we set up a second meeting to go into deeper detail.
The call is conversational, relaxed, and focused 100% on seeing how my team could help you.
How should I prepare for my call with Peter?
The more information you share when scheduling your call, the more helpful our initial meeting will be. The people who get the best results from our initial call come prepared with a few key numbers like:
- Investable assets
- Liabilities
- Income
- Cash on hand
- Retirement plans
- Monthly spending
A list of any financial goals or concerns you have is also very helpful to share with me on our call. If you do not have all of these items, we can still have a great call. Bring what you have, and I’ll review everything.
What experience does Peter and the team at Plancorp have?
At Plancorp, all of our advisors are CERTIFIED FINANCIAL PLANNERS™.
The CFP® certification is the standard of excellence for financial planners and is hard to earn. Becoming a CFP® is challenging. Planners have to complete hundreds of hours of coursework, get years of industry experience, and have high ethical standards–all before passing a rigorous exam.
A number of our teammates also have other additional designations, such as Chart Financial Analysts (CFA), Certified Public Accountants (CPA), MBAs, JDs, and more.
We also have advisors and teammates with specialties like equity compensation, physicians, business owners, and retirees.
With 40 years of experience, you can trust our team has the resources and specialized expertise you need–no matter how complex your finances are.
What are the fees to work with Peter?
Our minimum to be a client is $1 million in investment savings or a flat yearly fee until the minimum is reached.
Here is a closer look at our fee structure for assets under management (AUM fees):
From |
To |
Pricing |
|---|---|---|
| $0 | $2,000,000 | 1.00% |
| $2,000,001 | $4,000,000 | 0.80% |
| $4,000,001 | $6,000,000 | 0.60% |
| $6,000,001 | $10,000,000 | 0.50% |
| $10,000,001 | $25,000,000 | 0.45% |
| $25,000,001 | $45,000,000 | 0.40% |
| $45,000,001 | $75,000,000 | 0.35% |
| >$75,000,001 | 0.30% |
Plancorp does not have a minimum account size for new clients but does have a minimum annual fee for Wealth Management Services of $12,000. Fees are either billed in advance and based on account values as of the end of the previous quarter; or for newer clients billed monthly in arrears, based on the market value of Client’s accounts on the last day of the month. Fee are also calculated on a prorated basis for substantial deposits received during the current billing period.
What is the investment philosophy at Plancorp?
Our team at Plancorp prides itself on its evidence-based investment philosophy.
Evidence-based investing does not try to predict the future or beat the market. Instead, we focus on factors you can control.
The biggest drivers of your success as an investor will be your asset allocation, diversification, investment costs, tax efficiency, and investor behavior.
If I decide to work with Peter, who will I work with at Plancorp?
An advantage of working with an experienced team like ours is the robust resources and specialties you will have access to.
While our firm-wide investment strategy is overseen by me, your primary point of contact will be one of our experienced and knowledgeable wealth managers I personally choose on your behalf.
If you have preferences in how I build your wealth management team, our initial call is a great time to share them.
No matter who your wealth management team is, I am available to all clients (including you) to answer investment questions.
Why did Peter choose to join Plancorp?
Before joining Plancorp, I considered dozens of firms across the United States. Regardless of where I landed, it was crucial the firm offered truly comprehensive financial planning.
For the firms I seriously considered, I requested they create financial plans for my parents, my mentor, and myself–all of whom were at different stages of life.
Plancorp’s depth and knowledge in the different aspects of financial planning greatly surpassed everything else I saw, and that still holds true today.
In the end, the deep financial planning expertise and the robust team approach were the two biggest factors that drew me to the organization.
The team approach at Plancorp is a model that didn’t exist anywhere else at the time and is still rare today. Our structure gives clients access to everybody in our firm, and no client is overly reliant on one advisor.
You get the experience and perspective of our entire firm to help build a strong financial plan and investment strategy.
Peter Lazaroff, CFA, CFP® is Plancorp’s Chief Investment Officer, a financial advisor, speaker, and author of the book Making Money Simple.
