Modern Dollar Planning
Founder/Senior Financial Advisor
Financial Planner for medical professionals, corporate executives and business owners.
As life gets complex, having a second set of eyes to ensure you're making all the right financial moves can be invaluable. We help executives, medical professionals and business owners grow and protect wealth through one-on-one financial planning and investment management.
Whether you want to set yourself up to retire early, leave the corporate world to start a business, send your kids to college or something in between, we can help you find the right financial trajectory to make it happen.
As a fee-only, fiduciary, and independent financial advisor, Andrew Mohrmann is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
Andrew Mohrmann launched Modern Dollar in 2015 after spending several years with two of St. Louis’ largest independent wealth advisory firms. He’s a third generation entrepreneur and knew early on that he would eventually need try his hand as a business owner.
He studied Personal Financial Planning at the University of Missouri, where he graduated in 2008 with Magna Cum Laude honors. He earned the CFP® designation in 2013. In that same year, he also finalized his work toward an MBA from Washington University’s Olin Business School.
Andrew is a huge hockey fan and still plays a few times a week. His wife Caroline works for Washington University at St. Louis Children’s hospital as a nurse practitioner in the hematology/oncology division. She earned her PhD in 2017 and has been spending more time in pediatric cancer research of late. Their daughter Vera, like Modern Dollar, was born in 2015 and little brother Brady was born in 2020.
Andrew Mohrmann is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning.
Modern Dollar Planning is a fee only financial planning firm in St. Louis that serves the following:
- Corporate Executives
- Medical Professionals
- Business Owners
We are located in St. Louis' Historic Lafayette Square. We make fee-only, fiduciary driven planning available to the next generation of leaders. Examples of Institutions and Companies served include: Nestle Purina, Washington University, BJC, St. Louis University, Bayer, Express Scripts/Cigna, Boeing and startup companies in St. Louis' innovation district.
We're currently adding clients who are seeking a fee only advisor interested in helping them lay the groundwork for a bright financial future.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- Tax Planning
- College Education Planning
- Executives and Business Owners
- Medical Professionals
- Retirees and Near Retirees
- High Income Earners
- Growing Families
- Clearly Defined Fees
- In-Office Meetings
- Virtual Meetings
- Complimentary Initial Consultation
- No Product Sales
Professional Designations & Affiliations
Andrew Mohrmann is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
Andrew Mohrmann is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for Verification
CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
Andrew Mohrmann is a Member of the XY Planning Network
The XY Planning Network is the leading organization of fee-only financial advisors who are focused on working with Generation X and Generation Y clients. Our mission is to connect consumers with best-in-class financial advisors who specialize in working with clients just like you.
Contact Andrew Mohrmann
1807 Park Avenue
St. Louis, MO 63104