Imagine 100 people who start working at age 25. “By age 65, 1 percent will be considered wealthy; 4 percent will have enough money saved for retirement; 3 percent will still be working; 63 percent will be dependent on Social Security, friends, relatives or charity; and 29 percent will be dead,” says Alan Skrainka, chief investment officer at Cornerstone Wealth Management and author of the book Principle Based Investing: A Sensible Guide to Investment Success. “That’s frightening stuff. So I’m on a mission, trying to save the world—one investor at a time.”
In support of the expansive, publicly funded St. Louis County Library (SLCL)—which includes its headquarters and 19 branches—there is the SLCL Foundation, which works to fill in gaps in funding and other resources.
As the Urban League of Metropolitan St. Louis approaches its centennial anniversary in 2018, it is making strong strides toward a host of educational, economic and advocacy goals throughout the community.
Story: Fanny Brice, a homely young Jewish woman from the Lower East Side of New York City in the early 20th century, is determined to succeed in show business despite her lack of head-turning looks. With considerable faith in her voice and comic skills, she auditions for a role with impresario Florenz Ziegfeld and His Follies on Broadway.
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.
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.
For millennials, buying a home still seems to be part of the American Dream.
Everyone’s got a past. But, of course, some are just naturally more interesting than others. Three area realtors opened up to LN about how they got to where they are today, and how they transfer the skills they gained in previous careers to give them an edge in real estate industry.
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.
For families who live outside the 50-mile radius of St. Louis but who have children in a local hospital, Ronald McDonald House Charities (RMHC) provides them with a home away from home.
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.
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?
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.
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.
There’s no question LN readers are in-the-know, so who better to ask about the things that make St. Louis stand out and stand proud? Here, we present the very best, as selected by our readers, in the 2014 Ladue News Platinum List!
Home Buy Design Now Casting in St. Louis
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.
Shopping, finding information, connecting with friends—it’s not that the Internet has changed the core of what we do, but how we do it. And with change comes a variety of new security measures necessary to keep anyone—but especially those susceptible to fraud—safe.
Well, it has been a strange year in cinema. We’ve had movies without plots, without dialogue and without acting—although I guess as long as Vin Diesel is in the business, that’s always a possibility. We’ve had Oscar winners churn out stinkers and first-time actors deliver award-worthy performances. Without further ado…
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.
Everyone has heard the old adage, If it sounds too good to be true, it probably is. That tried-and-true advice is still what local lawyers recommend when it comes to investing your money—and avoiding financial scams, namely Ponzi schemes.
Jay Leno says that there are few things he loves more than a stupid criminal. Unfortunately, there also are smart criminals. Our parents and grandparents couldn’t even dream of the cons we are susceptible to in the age of connectedness.
Chesterfield Arts has appointed three new members to its staff: JENNY DONALDSON, exhibition coordinator; KIM FURLOW, director of marketing; and BRUCE PRESTON, director of development.
They say two heads are better than one, yet many people stick to the norm and hire a single person to control their financial future. Unlike the traditional model, full-service firm Private Wealth Management (PWM) provides clients with a team of financial experts, each in their own area of expertise working to assist clients in whatever way necessary.
Amid the flurry of day-to-day operations, the future plan of a business often is placed on the back burner. But local financial advisers note that nothing can be more important for a company to address than its succession plan. And with the Corporate Executive Board reporting that only about a third of business owners who intend to exit their company in the next five years have a succession plan, advisers stress the time to start preparing is now.