Loren W. Lumpe, CFP

Loren W. Lumpe, CFP

Visit my web site!

Phone: 314-432-2334 ext. 103
Fax: 314-432-3667
E-mail:

 

Since 1985, Loren has built a successful and respected financial planning practice by providing sound investment advice with the client’s interest always guiding the working relationship. In 1989, Loren became a Managing Executive of a brokerage office and managed up to 15 financial planners while building his own practice. Today Loren works exclusively with his own clients and specializes in investments and retirement planning. He works primarily with individuals, small companies and endowment funds.
 
As a CERTIFIED FINANCIAL PLANNERTM, Loren is required to complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial planning field. He must also renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. The means CFP® professionals must provide financial planning services in the best interests of their clients. 
 
Loren is compensated:
  1. primarily through advisory fees as a percent of assets under management.
  2. hourly fees between $75-$125 depending on the services required.
  3. or in some cases through commissions.
 
Loren graduated from the University of Missouri in 1979 with a B.S. in Public Administration. He earned his Certified Financial PlannerTM designation in 1989. He has lived in St. Louis since 1981, been married to his wife Edie since 1983 and has two daughters. Loren previously served as President and an Elder of his church and enjoys reading and outdoor activities such as gardening and golf. He and his family live in Olivette, Missouri. 
 
Background and Education
  • Bachelor of Science - Public Administration, University of Missouri, 1979
  • General Securities Representative, 1985
  • General Securities Principal, 1986
  • Certified Financial PlannerTM , 1989
 
Licenses and Registrations
 
Loren holds the Series 7, 24, and 63 securities registrationsand is licensed for insurance in the State of Missouri.