Think for a few moments about your financial goals—they might include saving for a comfortable retirement, preparing for your children’s college education, purchasing a primary or second home, or leaving a legacy to the broader community. Everyone has goals like these, even though they can sometimes take a back seat to day-to-day concerns. A financial adviser’s job is to help you clarify those goals and turn them into a reality, says Brian King, wealth manager at Plancorp. “The goals are set by the clients, and it’s our job to discover them. We’re here to do a reality check, look at those goals and educate our clients about opportunities to achieve them.”
Nonprofits across St. Louis are celebrating a milestone in years of service to the community. Here, we highlight their past contributions and future philanthropic plans. Join LN in wishing them a happy anniversary—and many more! Cheers!
Parents thrill to the sight and sound of their baby’s first smiles and babbles, and these natural expressions of joy are important developmental milestones. For this reason, parents and physicians pay attention to these earliest social cues. When an infant fails to exhibit them within the first year of life, it can be among the earliest signs of an autism spectrum disorder.
On June 20, 16 women will be welcomed into an exclusive club that includes the likes of nationally known singer-songwriter Chaka Kahn, civil rights attorney and former Urban League board chair Frankie Freeman, local philanthropist Thelma Steward, and Fox Theater co-owner Mary Strauss, among other illustrious company.
We all know what we should eat. Fruits and vegetables top the list. But many people of all ages find the healthiest foods among the least appetizing and enticing. Cheryl Houston, director of dietetics at Fontbonne University, is out to change that.
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.”
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.
If you’ve been daydreaming about a kitchen makeover with sparkling new appliances, craftsman cabinets and luxurious lighting, A Gathering Place Kitchen Tour is for you. “It’s a really fun, self-guided tour from house to house, where you can bring a group of friends, see different styles and let your imagination run away with itself on what you can do in your own kitchen,” says Junior League of St. Louis president Maureen Strasheim.
Whether you’re planning for marriage, a home purchase, the birth of a child, a college education or retirement, Wells Fargo Advisors has resources to guide you each step of the way. “We have the ability to help clients through practically every financial decision in their lives, at their pace,” says Seth Barnes, senior VP and Frontenac branch manager. “All the while, our most important goal is to help them succeed financially.”
Daring color is in the air this fall. F. Schumacher is calling fuchsia this season’s ‘it’ color and the perfect upbeat alternative or complement to neutrals.
Petting a stingray. Watching a Broadway show. Taking a simulated flight. These are just a few of the unique experiences retirees take part in as they volunteer at local institutions.
How wonderful to be able to build a 25,000-square-foot home that can be used as a presidential retreat, host the royal family or just entertain luminaries of the day. That is just what Walter (1908-2002) and Leonore (1918-2009) Annenberg did in Rancho Mirage, Calif., building what is arguably the most significant contemporary home in the 1960s.
Cheryl Polk leads by example. And she hopes other women will follow. “Women in leadership positions should always seek to develop the next generation of leadership,” she says.
Creating good by giving back is a gift to yourself, local financial advisers say. But before making a major donation to support your favorite cause, heed the following pieces of advice to avoid scams, maximize that gift and leave a lasting legacy of philanthropy.
Back for its third year, Junior League of St. Louis’ annual Kitchen Tour is going to be bigger and better than ever, if event co-chair Ann Beck has anything to say about it. Along with Julie Kearbey and their committee, she is working to build on the successes of years past. “It’s one of the League’s largest fundraisers, and it has a lot of public support,” she says.
To paraphrase one of modern-day's greatest innovators, Steve Jobs, innovators need creative skills. In that vein, City Academy in St. Louis recently added art to the traditional STEM curriculum—creating STEAM.
An elderly couple transferring wealth, an entrepreneur seeking business investment advice and a three-generation family preserving a legacy—they all turned to the Commerce Family Office.
When you walk away from a visit with Martin Mathews, you will probably have a smile on your face. Every time we’ve met, I’ve walked away feeling inspired, amazed and encouraged.
Someone could 1) steal your wallet. 2) Snatch preapproved credit card applications from your mailbox. 3) Use a phony telemarketing scheme to gather personal data. 4) Or exploit information shared on the Internet. In today’s world, there are numerous ways in which your identity can be stolen, and no one can be too careful. “Identity theft is becoming more of a complicated issue than it used to be, and the misuse of existing accounts and new accounts can have serious financial consequences,” says Erika Wentzel of Mahley Wentzel Law and Mediation Group.
Back-to-school time can quickly become a blur of paperwork piling up in the house and leaves mounting in the yard. These tips can get your home and lawn in top shape for fall.
DR. WILLIAM PECK received the Washington University Eliot Society Search Award at the annual dinner of the William Greenleaf Eliot Society? The award recognized Peck’s 36 years of leadership, vision and service to the community. Peck is the Alan A. and Edith L. Wolff Distinguished Professor of Medicine and the director of the Center for Health Policy at Washington University. Pictured: Chancellor Mark Wrighton presents Peck with the award.
More than $375,000 was raised for North St. Louis� De La Salle Middle School? Money raised at the school�s �Catch a Rising Star� event will help continue its tradition of excellence and allow it to operate as an independent school with its own governance structure and financial resources. Honored at the event as �Guiding Stars� were Christian Brothers College High School, Bob and Maria D�Agrosa Sweney and Paul LaVigne. Pictured: President of De La Salle Middle School Corey Quinn and award recipient Paul Lavigne
Local philanthropists Ken and Nancy Kranzberg get a reward every time they contribute to a nonprofit: They say seeing the look on the recipients’ faces is worth a million dollars.
Driving down any Missouri highway, it’s not hard to notice that corn and soy beans have a strong presence in our state. But if you look beyond those fields to the small farmers living in and around the Show-Me State, you’ll find that we have extraordinary access to a great variety of local crops. Thanks to a recently released book by Maddie Earnest and Liz Fathman, Missouri Harvest, we now have a resource to guide us to the fresh veggies, fruits and dairy, as well as the meats, nuts and honey that are grown and produced right here in our own backyard. “I was just so encouraged when I wrote this book about all that’s happening in Missouri—we’re doing a lot of things right,” says Earnest, who also is co-owner of Local Harvest Grocery and Café.