buildingwealth A Ladue News Special Section
Private Wealth Management
In Your Corner
By Julia Christensen
Gebhard explains that expansion has been “a process of growing the firm with the right clients.” He notes the dual interview process, saying that new client relationships are based around fit, which includes areas such as the ability to assist the client and the client’s expectation of the firm. “When we look at a client’s situation, we want to see where can we add value—and that’s different for every single client,” Altic explains. “We put on that ‘consulting hat’ first, and drill deep into their situation to figure out, from an independent standpoint, what is the best strategy.” PWM works with institutional finances, as well as family wealth. “A lot of what we do is look at multigenerational planning: We create family mission statements and educate the younger generations to make sure the value of that money doesn’t get lost over time,” Gebhard says. Other services include an on-staff Certified Divorce Financial Analyst, who helps make sense of finances before or during a possible divorce, as well as a rapidly growing 401(k) practice.
Tripp Gebhard
On The Cover Private Wealth Management is a full-service financial firm. Pictured on the cover: Bryan Sherwood, Joseph Altic, Tripp Gebhard, Colleen Chance, Andrew Ruzicka and Daniel Hammerman. For more information, call 888-878-1804 or visit pwm-stl.com.
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BUILDING • INVESTING • GROWING
We’re pleased to announce Barry Feldman has joined First Bank as a Home Loan Consultant in our Mortgage Division. Barry will be able to deliver on local underwriting, local closing, and local servicing. Office: (314) 249-0603 • NMLS#: 558943 • Barry.Feldman@FBOL.com
Open SunDay 1-3
Barry Feldman, Home Loan Consultant
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Fabulous Clayton Gardens home & location. Remodeled main floor master suite & charming flagstone front porch/sidewalk w/ professional landscaping. New granite countertops/backsplash. Kitchen, w/ breakfast bar, custom cabinets, Bosch dishwasher, Subzero, opens to vaulted family room w/ FP. Wood floors on main & second floor. Family room, bedroom, & full bath on LL. Melinda Johnson 825.5695
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Debi Miller 267.6262
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Realtor • Since 1936 • www.GladysManion.com • 314-721-4755
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August 16, 2013 {LadueNews.com}
photo By Sarah Crowder
T
hey 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. “As long as I’ve been in financial services, it has always been about someone’s cut of the commission—it’s all diced up,” says wealth manager, Tripp Gebhard. “We don’t get caught up on splitting client control—we focus on getting the job done.” The seven PWM professionals each work together on accounts, with different people being utilized depending on the issue at hand. For example, PWM founder and managing director Joseph Altic credits one team member as being excellent in research, and another at all things related to estate and tax strategy. “I grew up under the traditional models of the financial planning world,” Altic says. “At the end of the day, it felt like you were competing against each other—no team approach.” Focused on providing value to customers,