When it comes to saving, things can get a lot more complicated than clipping coupons and knowing how to balance a checkbook. For many, adopting bad routines can stop the balance in your bank account mid-climb. Three area financial advisers spoke to LN about bad habits they see that can prevent you from building wealth—and how to break them.
Just call Richard and Kathie Winter an all-star team. Through the years, the pair has utilized their complementary talents for organizing signature events to bring in big dollars for a multitude of nonprofits.
Marilyn Bush recites a favorite quote by author and activist Alice Walker: The most common way people give up power is thinking they don’t have any. Bush, senior VP at Bank of America, is dedicated to empowering women to form strong relationships with each other while contributing to the community.
Caring for an aging loved one can be a daunting task. And when that task becomes too difficult for family members, they often turn to a health-care provider. But how can a family determine the best type of long-term care for their relative?
People are living longer, often creating more time to enjoy retirement. But with these additional golden years also comes the need to finance them. That’s why local financial advisers remind older adults that it’s never too late to plan for retirement.
U.S. News & World Report recently named St. Luke’s Surrey Place a ‘Best Nursing Home,’ rating it five out of five stars in its sixth annual Best Nursing Homes ratings. The facility competed with almost 16,000 nationwide to receive the recognition. St. Luke’s Surrey Place, located in Chesterfield, has 120 beds in skilled nursing, and 20 residential rooms for residents needing minimal assistance.
Northwestern Mutual is much more than an insurance company. Throughout the past 20 years, the firm has significantly expanded its capabilities to deliver comprehensive financial planning in addition to its solid, 150-year foundation of insurance management.
Elisabeth Burack and John Bradshaw
Financial advisers say it’s never safe to hedge your bets on any one investment vehicle. So as you assemble your financial toolbox, they recommend only certain investors sparingly add hedge funds as a tool to diversify their portfolios. “Hedge funds are not for every investor,” cautions Maurice Quiroga, executive VP and managing director at PNC Wealth Management. “But for ultra-high net-worth individuals, they can lower the risk of your overall portfolio of stocks and bonds.”
From the grocery store to the craft store, data breaches and cyber-attacks have become the digital pick-pocketing of the retail scene. What does this mean for the average consumer, and how are financial institutions responding?
The Harris-Stowe State University board of regents has appointed DWAUN WARMACK as president, effective July 14. He previously worked as Bethune-Cookman University’s vice president, the youngest in the school’s history.
Prudential Alliance Realtors is pleased to welcome MARGO BEGLEY to its newly created position of creative director. Begley joined the company seven years ago as a realtor.
From matching peepers to spitting-image smiles, readers sent in all kinds of doppelganger photos for our annual Mother's Day Look-Alike Contest. Our first-place winner won a full-service package from Dominic Michael Salon—including a manicure, pedicure, haircut, blow dry and makeup application—and second and third places took home a Dominic Michael blow-out or finish. Wish congratulations to our winners, and take a peek at our runners-up on the following pages. Happy Mother's Day, ladies!
Pinnacle Entertainment has named WARD SHAW as VP and GM of Ameristar Casino Resort Spa St. Charles, and CHRIS PLANT as VP and GM of River City Casino and Hotel. Shaw most recently served as GM of River City Casino and Hotel, while Plant worked as regional VP of finance and accounting.
St. Louis has a long tradition and belief in trusts, investment-holding companies that retain and manage assets for the benefit of heirs or institutions. According to St. Louis-based wealth management advisers, local institutions manage a few billion dollars in trusts annually.
As this year’s deadline approaches, there are a few tax deductions and credits personal homeowners should remember in the coming days:
Finding the right investment adviser is like achieving the perfect fit of a custom-tailored suit. Local experts share advice on selecting the best adviser for your financial lifestyle—whether the ever-fluctuating market is down in the dumps or flying high.
You may not know everything about your investments. After all, that's why you hired a professional to manage them. But how do you know if your adviser has your best financial interest at heart? Three area finance experts discuss red flags, regulations and resources for individuals concerned about their money.
Pinnacle Entertainment has appointed WARD SHAW as VP and GM of River City Casino & Hotel. Shaw most recently worked as GM of Tropicana Evansville in Indiana.
Getting a divorce is complicated enough, but when combined with mountainous debt, the process can become even trickier. Area attorneys discuss the connection between divorce and the likelihood of bankruptcy—and the additional problems such a situation can cause.
It stands to reason, the higher your net worth, the better off you are today and for the future. While this may be true, local advisers say what's more important is that your net worth shows whether you’re on track to reach your personal goals.
What if your family was faced with the sudden loss of a loved one, and you were responsible for gathering all the pertinent paperwork at a moment’s notice? That’s exactly what happened to Richard Fox when his father unexpectedly passed away.
Moneta Group welcomes communications manager EMILY BARLEAN to its team. Barlean’s work history includes working as senior corporate communications specialist and social media manger at Concordia Publishing House.
Of all the people who have ever played high school football in our area, I think what T. J. Moe did his senior year stacks up against anybody—anybody. Read closely: At Fort Zumwalt West in 2008, he scored 61 touchdowns. That is not a career, that is a single season. Only Roger Maris has had a more impressive 61. Moe threw for 2,557 yards, and he ran for 2,029 yards. Throw in a perfect grade point average and a pretty good basketball career, and you have a pretty nice high-school experience.
By the time most patients come to see Dr. Rames Gheith, they have often been facing pain for months or even years. Gheith, a physician at Interventional Pain Institute, says it’s so common for people dealing with chronic pain to wait before addressing it, that a new diagnosis has developed. “Chronic pain syndrome is a diagnosis that develops on top of the pain, both psychologically and emotionally. There’s severe anxiety that these patients are dealing with, and often they’re taking pain medicine, antidepressants and mood-stabilizing treatments that could have been avoided or minimized if the treatment was timely.”