| Advisor Profile |
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| Disclaimer |
| http://www.bowerscapital.com/Client_information.htm |
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Business Description |
I offer personalized financial planning, portfolio management, and investment advice for individuals. My average client has been with me for 16 years. I work hard to establish & maintain a high degree of trust and to produce consistant market-beating returns in the context of long-term preservation of purchasing power.
By design, I intend to keep my client base under 40 investors in order to have time to provide unusually personalized services.
I do not sell insurance nor do I offer special skills for day traders. I offer straightforward methods, unwavering discipline, and trust. |
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General Information |
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| Name of Custodial Firm: |
Schwab Institutional
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| States Licensed in: |
AL, AR, CA, FL, IN, KY, MS, MO, OK, TN, WI
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| States Willing to do Business in: |
Any state
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| Years of Experience in Financial Services: |
24
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| Number of Years with Current Firm: |
6
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| I work with the following types of clients: |
Individual Investors, Businesses
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Education |
| Academic Background |
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| University of Arkansas and Arkansas State University. B.S. in Accounting. Pubic accounting background and 22 years experience in the investment business. |
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Services |
| Investment Types: |
REITS, Options & Futures, Bonds, Stocks, Annuities, Mutual Funds, Alternative Investments, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Securities Licenses: |
Former Series 7 & 63, Series 65
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| Insurance and Annuity Licenses: |
No insurance sales
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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| Firm's Number of Clients: |
32
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| Firm's Number of Planning Clients: |
32
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| Firm's Number of Managed Clients: |
32
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| Assets Managed by Firm: |
$8,000,000
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| Advisor's Number of Clients: |
32
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| Advisor's Number of Managed Clients: |
32
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| Advisor's Number of Planning Clients: |
32
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| Assets Managed by Advisor: |
$8,000,000
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Compliance |
| Registered Investment Advisor: |
Yes
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| Investment Advisor Representative: |
Yes
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| I am an acknowledged fiduciary: |
Yes
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| Compliance Disclosures in Last 5 years: |
I have a clean record
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| Criminal Disclosures in Last 5 years: |
I have a clean record
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Compensation & Fees |
| I am a fee-only financial professional: |
Yes
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| I am a fee-based financial professional: |
Yes
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| Minimum Portfolio Size for New Managed Accounts: |
50000
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| Compensation Methods: |
Hourly, Based on Assets, Flat Fee
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| Fee % Based on Assets: |
1.00% max
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| Additional Details on Charges: |
To avoid conflicts of interest, client fees make up 100% of our income. Since the quarterly management fee is based upon the value of your assets under management, we have a strong financial incentive to perform well for you.
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| Prepared By: |
Bill Bowers |
| Most Recent Update: |
11/18/2008 |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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Satisfaction guaranteed. Pre-paid management fees are refunded on a pro rata basis. |
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What are your qualifications? What is your education background? |
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Degree in accounting, a few years as a public accountant, 15 years as a stockbroker, and 6 1/2 years as a registered investment advisor company. |
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What is your approach to financial planning? |
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I have found that clients get more involved in their plans when it is "goal-based", and avoids long spreadsheets with miles of cash flows. |
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What services do you offer? |
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(1)Financial planning, (2)Portfolio management, (3)Advice/counseling, including -- and most importantly -- keeping you from making the big mistakes that most investors make.
Investor behavior is the dominant determinant of long-term, real life returns. |
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How many clients do you currently manage? |
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32 clients, 52 accounts (of which 29 are IRA rollovers). |
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Will you be the only person working with me? |
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How are you compensated? How will I pay for your services? |
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Fee only for portfolio management, and is based on the value of your accounts each quarter. Depending upon what other servies I provide. financial plans range from free to a flat-fee (payable after plan is completed to your satisfacton). |
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If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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Very flexible in this respect. |
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Do you offer any guaranteed results? |
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I guarantee that I will work in your best interests. |
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How much risk should I be willing to take? |
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You risk level should be at a level that reasonably allows you to reach your financial goals. Risk profiles are taken initially and then measured again periodically. Investors usually score lower during bear markets and higher during bull markets. |
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Have you ever been charged with any breaches? |
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What services do you provide? What are your specialties? |
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(1)Financial planning, (2)Portfolio management, (3)Advice/counseling, including -- and most importantly -- keeping you from making the big mistakes that most investors make. |
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What is your experience? How many clients do you currently manage? |
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A few years in public accounting, 15 years as a stockbroker, and 6 1/2 years as a registered investment advisor company. |
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What financial institution(s) do you represent? |
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Schwab Institutional, a division of Charles Schwab & Co. Inc, holds all investor assets and provide normal brokerage services. I am NOT an employee of Schwab. They work for you and me. |
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How do you charge for your services? |
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Fee only for portfolio management, and is based on the value of your accounts each quarter. Depending upon what other servies I provide. financial plans range from free to a flat-fee (payable after plan is completed to your satisfacton). |
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Do you provide a free initial consultation? |
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Yes. The initial meeting is where we can, usually in 30 minutes or so, determine if we are well-suited. |
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Why should I choose you as my financial advisor? |
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Competency, experience, and trust. |
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What are your qualifications? |
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Degree in accounting, a few years as a public accountant, 15 years as a stockbroker, and 6 1/2 years as a registered investment advisor company. |
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What is your approach to Education Planning? |
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Education planning is one of the goal-based financial plans offered. |
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How long does the process of setting up an Education Plan usually take? |
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After I receive back the information questionnaire from the investor, the plan can be ready usually within 72 hours. |
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What financial institutions do you represent? |
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How many years of experience do you have? |
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A few years in public accounting, 15 years as a stockbroker, and 6 1/2 years as a registered investment advisor company. |
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What are your fees for this service? |
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Charges for education plans vary according to your situation and the time involved in preparing the plan. |
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How many Education Planning clients do you currently manage? |
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Numerous education plans are a part of comprehensive plans that I run, and update over time, for my clients. |
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Why should I work with you on setting up an Education Plan? |
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I use a goal-based planning system. |
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Do you provide a free initial consultation? |
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What are your qualifications? |
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Degree in accounting, a few years as a public accountant, 15 years as a stockbroker, and 6 1/2 years as a registered investment advisor company. |
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What is your approach to 401 K plan rollovers? |
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All approaches are based upon the client's financial goals and time frame. For most 401K plan rollovers, a balanced portfolio of different asset allocations is appropriate. |
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How long does the process of rolling over a 401K plan usually take? |
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What financial institutions do you represent? |
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How many years of experience do you have? |
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What are your fees for this service? |
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Fee only for portfolio management, and is based on the value of your accounts each quarter. Depending upon what other servies I provide. financial plans range from free to a flat-fee (payable after plan is completed to your satisfacton). |
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How many 401K rollover clients do you currently manage? |
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Why should I roll over my 401K plan to your firm? |
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Competency, experience, and trust. |
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Do you provide a free initial consultation? |
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Yes. The initial meeting is where we can, usually in 30 minutes or so, determine if we are well-suited. |
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