Broker Check

Vantage Financial Group, Inc and Plancorp, Inc Announce Merger

May 31, 2019

Vantage Financial Group, Inc. and Plancorp, Inc. are excited to announce a formal company merger after many years of a close business relationship.

Bill McCormick, CEO of Vantage Financial says, “It became evident that by combining our companies we could better manage our resources and the services we provide to both our individual and corporate clients. By coming together, we have made the firm stronger and better positioned to meet our plans for future growth.” Both Vantage and Plancorp have been independent financial services and employee benefit firms serving clients in the same area for more than 30 years.

Both firms’ registered representatives are affiliated with Cetera Advisor Networks LLC, one of the nation’s largest independent broker/dealers.

Jeff Knox, current President of Plancorp, will serve as Managing Partner for the combined firms. He sees this merger as a great opportunity to meet the firm’s growth objectives. “Each organization has advisors and staff with strengths in different areas. With one organization, we will be able to better utilize our resources, and manage both our internal growth and the addition of new advisors to the firm.”

Financial Management Strategies, Inc., an affiliate of Plancorp and one of the area’s largest independent investment advisory firms, has also relocated its operations to Vantage.

Vantage’s network now has more than 100 investment professionals in ten states with over $3.5 billion in client assets under administration. The combined firm will work under the name Vantage Financial Group and is located at the newly renovated Vantage headquarters on Rockside Road in Independence. The firm will continue to deliver the financial guidance and benefit planning expertise that clients have come to expect from the firms’ advisors and staff.