The median advisory fee in St Louis, MO is 1.05% of assets under management. This is 9% below the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.
There are 429 fee-only financial advisors in St Louis, MO, representing 68.8% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.
The most common professional designation among St Louis advisors is the CFP (Certified Financial Planner), held by 111 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.