Steve Drost, CFA, CFP®
Merging Values with Finances
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Drost Financial
Steve Drost, CFA, CFP®
Fridley, MN
Serving Clients Nationwide
Merging Values with Finances
Areas of Focus
- Cash Flow
- Equity Compensation Options
- Estate Planning
- Financial Life Planning
- Investment Management
- Retirement Planning
- Saving for College
- Taxes
About Me
Hi, I'm Steve Drost, CFA, CFP® named one of Investment News' 40 under 40 as one of the best in the financial industry! I’m a financial planner with a very simple goal: to help my clients align their financial resources (i.e. what they have or will have) with their goals, dreams, and values. I am convinced that one will have a more fulfilled life when they can spend their time and money on the things, people, and causes that mean the most to them.I’ve always been a huge numbers nerd. I studied finance and commercial real estate at the University of Northern Iowa and graduated Magna Cum Laude in five semesters. I received the Purple and Old Gold Award, given to just one graduating student per major, for academic excellence. I moved to Minneapolis after college and immediately began the CFA program and then, shortly afterward, the CFP® program. In 2022, I was recognized as a top financial advisor in the country by InvestmentNews.
My free time is filled spending time with my wife, Marissa, and our sons, Calvin and Carter. We enjoy our trips up north to the lake and cheering on all Minnesota sports teams (especially the Twins). I also proudly served my community as a firefighter and actively volunteer on my church’s finance council.
Professional Designations
- CERTIFIED FINANCIAL PLANNER™ Professional
- Chartered Financial Analyst (CFA)
Affiliations
-
Financial Planning Association
- The AGC
Primary Location
6760 Madison St NE Fridley, Minnesota 55432
Meeting Options
- Video Conference
- In-Person
- Phone
Compensation Methods
- Percentage of Assets Managed
- Subscription
What to expect in the first meeting
Click the 'Book Intro Call' button above to schedule a free introductory call. We'll get to know each other and I'll listen to understand your unique circumstances so we can determine the best way to proceed. I look forward to speaking with you.Offers Investment Management
Yes
About our Firm
We are a fee-only financial planner that offers real financial planning for corporate executives and those preparing to retire.✅ YOUR PLANNER: Steve is a CERTIFIED FINANCIAL PLANNER™ and Chartered Financial Analyst who operates as a fee-only, independent financial planner. He always puts clients first and is a pledged Fiduciary.
✅ WHO WE SERVE: We refuse to be a jack of all trades, yet master of none. By being laser-focused on working with clients who are approaching (or already in) retirement and corporate executives, with advanced knowledge of General Mills and Republic Services benefits and compensation plans, we are able to provide unparalleled service to our clients.
✅ OUR SERVICES: Independent, fiduciary financial advice. We go deep into every important financial topic, tailored to each client, in order to build a financial plan that can actually be followed.
We offer a full range of Financial Planning services to help you achieve your and your family’s goals.
✔️RETIREMENT PLANNING: By understanding your current financial situation and long-term goals, we will work with you to develop a plan to enable your current assets to generate reliable paychecks during retirement.
✔️INVESTMENT MANAGEMENT: We spend considerable time discussing your goals - the people, experiences, and missions in your life that you want your investments to provide for. We then create and implement an investment strategy that aligns with your ideal life while focusing on minimizing fees and implementing textbook asset allocation.
✔️TAX PLANNING: With an overall goal of minimizing tax liability, we will work with you and your accountant to analyze your overall financial situation to create a tax-efficient strategy so that you keep as much of your earnings as possible.
✔️CASH FLOW PLANNING: Let us help you create a strategy to fund your retirement or current lifestyle. We take a strategic approach that balances your current financial needs with both expected and unexpected needs far into the future.
✔️INSURANCE PLANNING: We will work to understand your current needs and help you navigate the insurance landscape to find coverage that makes the most sense for today and tomorrow. This includes obtaining health insurance upon retiring but prior to Medicare eligibility.
✔️EQUITY COMPENSATION PLANNING: Options, Shareholder Agreements, pensions, and vesting do not have to be complicated. We have developed deep experience in interpreting company equity policies and can position you to maximize the compensation you’re entitled to.
✔️ESTATE PLANNING: We will work with you to define your beneficiaries and guide you through the wills, trusts, powers of attorney, and health care directives, as well as help you to plan for significant life changes and long-term care.
✔️EMPLOYEE BENEFIT PLANNING
We have vast experience in reviewing employee benefit plans including pensions, options, healthcare, 401 (k) matching, and other offerings, and will work with you to understand how to maximize the benefits available to you.
✔️COLLEGE PLANNING: Paying for the College experience of a loved one is one of the most impactful gifts you can make. We will work to understand your values and help you navigate how and when to pay as well as opportunities to minimize overall cost.
Education
University of Northern Iowa Bachelor of Arts (B.A.), Real Estate & Finance
Volunteer Experience
I proudly served my community as a firefighter and actively volunteer on my church’s finance council.
Awards and Honors
- Investment News 40 under 40
Hobbies and Interests
- Family
- Sports
- Traveling
- Volunteering
SEC Lookup
View DisclosureFINRA Lookup
View DisclosureWho We Serve
- Baby Boomers
- Corporate Executives
- Dual Income Family
- Gen X
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