At Clark Wealth Partners our focus is on helping our clients create balance - enjoy life now while preparing for a meaningful future. We are your financial advocate. We quarterback your larger financial picture to maximize efficiency and financial freedom. Step outside the box of traditional wealth management and start living today.
Mike Clark
Beginnings: Early on in his life and career, founder Mike Clark believed happiness was found on the other side of financial gain and success. Motivated to build a life for himself and his family that was different from what he experienced growing up, Mike became a Financial Advisor aiming for a life of achievement, means, and ultimately, fulfillment.
Realization: After years of navigating the hustle, the exhaustion, and the striving for more, Mike hit a turning point. Professionally, his income had doubled and flourished - but personally, he was the unhappiest he had ever been. In a moment of realization, he saw the emptiness and the void chasing financial gain had created in his life.
Redirection: This new perspective changed the course of Mike's life. It motivated him to want to build something of significance - something that would have lasting value and impact on the lives of others. Inspired to help individuals and families navigate their relationship to success and money, in 2016 he founded Clark Wealth Partners.
When not working, Mike enjoys spending time with his wife, two kids and two bonus kids. Mike loves coaching his daughter's softball team and watching his son play baseball. He and his wife, Beth, enjoy playing golf, trying new restaurants and old favorites.
Mental health and giving back is important to Mike, which is why he's a Board Member of Karla Smith Behavioral Health in O'Fallon, IL and Caritas Family Solutions in Belleville, IL.
Diane Gederman
Diane Gederman has served as the Director of Client Services for Mike Clark since 2018. In addition to handling the day-to-day office administration including client service requests, paperwork, account maintenance, and calendar management, she is committed to the firm's overall growth and success. Diane enjoys meeting new clients from all walks of life and being accessible to answer any question, providing first-class service to clients.
Diane earned a Bachelor of Science degree in Business Education from Lincon University. She grew up in Fairview Heights and has lived in O'Fallon for 23 years with her husband of 30 years, Kevin. They have two grown children, Tom and Ally, and a dog, Ozzie. Diane & Kevin enjoy entertaining family and friends at their lake house at Lake of Egypt. Diane has served on the Holiday Hilltop Charity 5K committee for thr past 12 years and helps facilitate its fundraising efforts each year for a young person in need from the Community.
Dana Wheeler
Dana Wheeler joined our Team in 2023 as our Administrative Coordinator working with all the support functions of Client Services.
She started her professional career selling and listing Real Estate at Re/Max First. She brings years of experience in Office Management and Accounting.
Dana was born and raised in Baton Rouge, Louisiana but has resided in Shiloh, Illinois for 10 years now. She is an avid college football fan, but cheers on the LSU Tigers.
Away from the office she and her husband Greg, spend time at Lake of the Ozarks golfing and boating with friends. They enjoy attending concerts and St. Louis Cardinals Baseball games together. They also love spending time with family that's spread out over Florida, Louisiana and Kentucky during the holidays.
General Information |
Firm Start Year: | 2022 | |
No. of Employees: | 2-4 | |
Insurance License#: | 5073579 |
Name of Custodial Firm: | Charles Schwab |
States Licensed in: | IL, MO, FL, TX, NE |
Number of Years with Current Firm: | 1 |
Work Experience: | 08/2022 - Present: Founder | CEO of Clark Wealth Partners, LLC 07/2016 - 07/2022: Partner | Senior Wealth Advisor at Visionary Wealth Advisors 01/2007 - 06/2016: Senior Vice President of Investments at The Mutual Fund Store 05/2003 - 12/2006: Investment Representative at Edward Jones |
Work with the following types of clients: | Investment Clubs, Businesses, Individual Investors, Non-Profit Organizations |
Foreign Languages Serviced: | English |
Advisory Services Provided: | Financial Planning for Individuals, Financial Planning for Businesses, Tax Advice and Services, Education Funding and Planning, Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Insurance Products & Annuities, Financial Planning, Portfolio Management, Risk Management, Money Management, Wealth Management, 401K Rollovers, Retirement Planning |
Services |
Investment Types: | Mutual Funds, Options & Futures, Bonds, Stocks, Annuities, Insurance, Exchange Traded Funds (ETFs), Alternative Investments, Socially Responsible Investments (SRI) |
Can meet clients in the following ways: | Your Office, Video Conference, Your Home, Our Office, Email, Phone |
Qualifications & Memberships |
Insurance and Annuity Licenses: | Long Term Care, Life, Health, Annuity, Accident, Casualty, Property, Disability |
Firm Information |
Firm's Number of Clients: | 250 |
Firm's Number of Planning Clients: | 250 |
Firm's Number of Managed Clients: | 250 |
Assets Managed by Firm: | 150000000 |
Advisor's Number of Clients: | 250 |
Advisor's Number of Managed Clients: | 250 |
Advisor's Number of Planning Clients: | 250 |
Assets Managed by Advisor: | $150000000 |
Compensation and Fees |
Fee Structure: | Fee-Based |
Minimum Portfolio Size for New Managed Accounts: | $50000 |
Compensation Methods: | Based on Assets |
Fee % Based on Assets: | 0.40-1.25% |
Hourly Rate: | $0 |
Minimum Fee Charged for Managed Accounts: | $0 |
Minimum Fee Charged for Hourly Planning Accounts: | $0 |
Board Positions |
Organization : | Leadership Council of Southwest Illinois, Godfrey, IL |
Position : | Board Member |
Duration : | 09/01/2017-Present |
Organization : | Karla Smith Behavioral Health, O'Fallon, IL |
Position : | Board Member |
Duration : | 09/01/2018-Present |
Organization : | Caritas Family Solutions, Belleville, IL |
Position : | Board Member |
Duration : | 06/01/2022-Present |
Education |
Bachelor of Arts - Finance | Lindenwood University - St. Charles, MO 09/01/1998-06/01/2002 |
Disclosures |
WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. |
Additional Detailed Disclosures |
Registered Investment Advisor:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
Mon. | 8:00 AM - 5:00 PM |
Tue. | 8:00 AM - 5:00 PM |
Wed. | 8:00 AM - 5:00 PM |
Thu. | 8:00 AM - 5:00 PM |
Fri. | 8:00 AM - 5:00 PM |
Missouri, Illinois, Florida, California, Kansas, Nebraska, Texas, Colorado, Kentucky, Tennessee, Ohio, Arkansas |
2018-2022 Five Star Wealth Manager
(06/01/2022)
To receive the Five Star Wealth Manager award, a wealth manager must satisfy 10 objective eligibility and evaluation criteria that are associated with wealth managers who provide quality services to their clients. Factors taken into account include assets under management and client retention rate. Candidates also undergo a thorough regulatory and complaint review. Five Star Professional: Conducts comprehensive research Recognizes service professionals Partners with leading city/regional magazines Helps award winners gain the recognition they deserve
Voted as 1 of 25 "Best Wealth Manager" in 2020 by the St. Louis Business Monthly.
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