More about us

Headway Financial Group LLC of St. Louis is owned by managing partners Jack M. Carstens and Joe M. Arndt. Both are independent financial advisors and financial planners who joined together to form the Headway Group in November of 2006. The name Headway was chosen because we work closely with our clients to help move their investments forward or make “headway”.   Our company logo is a sailboat, a vessel that seeks to move forward in any type of wind. 

The Headway Financial Group is a part of the Mid-America Financial Group, a group of 57 independent offices located throughout Indiana, Illinois and eastern Missouri.  As a group, our clients have placed approximately 1.3 billion dollars of their assets under our care.

Our group has chosen to utilize SagePoint Financial LLC as our broker/dealer. They are a registered broker/dealer, member FINRA/SIPC and an SEC registered investment advisor. There are over 2,300 independent advisors that enlist SagePoint as their broker/dealer.

A broker/dealer is a company that supplies us with research, technology, industry training and business development support.  They also supervise our business to make sure we abide by all the laws and rules established in our industry.  By law all financial advisors must run their brokerage and advisory business through a registered broker/dealer.

Pershing LLC is the firm chosen by Sagepoint to clear all the trades and transactions through the appropriate exchange(s).  Pershing also acts as a custodian for client assets.  Each account carries $500,000 SIPC insurance and Pershing also maintains other insurance up to the full value of the account.*

If we utilize an institutional (third party) money manager, your assets will be held with them.  They also are SIPC insured and carry insurance similar to Pershing.*

Headway Financial Group is committed to your financial success.  We were founded with the goal of assisting our clients in every aspect of their financial lives.  Our staff consists of experienced professionals with a "hands on" approach to financial guidance.

Not only do clients find our team members knowledgeable, but they also discover that our staff truly cares about making their dreams a reality.  We do everything in our power to keep our clients focused on where they want to go, advise them on how to get there, and continually remind them of the importance of maintaining a disciplined approach to realizing their dreams.

We are here to help “navigate” your financial life plans.

*Member of SIPC, which protects securities clients of its members up to $500,000 (including $100,000 for claims for cash).   Explanatory brochure available upon request or at SIPC.  Securities in your account are protected up to $500,000.  For details, please see www.sipc.org.