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About Financial Freedom LLC |
Financial Freedom provides Fee-Only Wealth Management Services which includes comprehensive financial planning and investment management services. OUR PRIMARY OBJECTIVE IS TO HELP OUR CLIENTS ACHIEVE THEIR LIFE GOALS AND OBJECTIVES.
Unlike many planners, we are Fee-Only Financial Planners. Fee-only planners are compensated solely on the basis of fees paid by their clients and do not accept any commissions or compensation from any other sources. This form of compensation should provide you with a high-level of confidence that you are receiving objective recommendations. Additionally, when working with clients on an on-going basis, we do so utilizing a flat retainer arrangement versus any percentage of assets under management formula.
Each year we provide our clients with a Wealth Management Services performance evaluation review. We think that it is important that each client is able to evaluate the overall value that our retainer relationship adds to the achievement of their life goals and objectives.
Our business strategy is to maintain a small firm focused on developing in-depth personal relationships with a small number of client families versus a cursory relationship with hundreds of clients. The Osgoods are the firm; they do the analysis and investing; they meet with you wherever you live; you won't be turned over to someone else once you become a client.
We are seeking prospective new clients with a minimum of $1 million of investable assets. Check out our website at www.finfree.com for more information. Call us at 610-296-9500 for an initial no-obligation consultation. |
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General Information |
| Years of Experience in Financial Services: |
35
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| Work Experience: |
1981 - Present, Financial Freedom, LLC - Chairman, Founder and Chief Investment Officer
20+ years of sales and marketing at Mobil Oil Corporation
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| States Licensed in: |
Federally registered SEC advisors.
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| Name of Custodial Firm: |
Fidelity Investments
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| Number of Years with Current Firm: |
35
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| Work with the following types of clients: |
Individual Investors
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| Name of Broker/Dealer: |
None - Independent
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| States Willing to do Business in: |
All. We operate with SDR - Same Day Response. We will always respond to you the same day.
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| Advisory Services Provided: |
Financial Planning for Individuals, Wealth Management
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Education |
| Academic Background |
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M.B.A. Degree (Marketing & Finance), Northeastern University
BS Degree, University of New Hampshire |
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Services |
| Investment Types: |
Mutual Funds, Bonds, Stocks, Exchange Traded Funds (ETFs), Socially Responsible Investments (SRI)
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| Can meet clients in the following ways: |
Your Office, Email, Phone, Our Office, Your Home, Our Offices, Video Conference
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Qualifications & Memberships |
| Certifications, Accreditations & Designations: |
CFP®
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| Financial Organization Memberships: |
Financial Planning Association (FPA), National Association of Personal Financial Advisors (NAPFA)
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Firm Information |
| Assets Managed by Firm: |
$325,000,000
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| Assets Managed by Advisor: |
$325,000,000
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Compliance |
| Criminal Disclosures in Last 5 years: |
Have a clean record
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| Compliance Disclosures in Last 5 years: |
Have a clean record
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| Registered Investment Advisor: |
Yes
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| Acknowledged fiduciary: |
Yes
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Compensation and Fees |
| Additional Details on Charges: |
Our fees are based on an agreed-to flat retainer (quoted on an annual basis; billed quarterly in arrears; with the ability to terminate at the end of any calendar month). We believe the retainer concept does a much better job of aligning our fee structure with the services that we provide - comprehensive wealth management which includes both investment management and comprehensive financial planning. Many years ago we did charge on a percentage of assets under management but found that method translated to a more singular focus on the portfolio versus the more holistic picture of wealth management. All fees are agreed to in advance.
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| Compensation Methods: |
Flat Fee
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| Minimum Portfolio Size for New Managed Accounts: |
$1,000,000
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Frequently Asked Questions |
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What are your qualifications? What is your education background? |
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Licensed Certified Financial Planner practitioner (since 1983); M.B.A. degree (Marketing & Finance); 35 years of comprehensive financial planning, asset allocation, and investment management experience. |
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How are you compensated? How will I pay for your services? |
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We are Fee-Only. We are compensated solely on the basis of fees paid by our clients and do not accept any commissions or compensation from any other sources. This form of compensation should provide you with a high-level of confidence that you are receiving objective and unbiased recommendations. |
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| Q. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something? |
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How many clients do you currently manage? |
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We have made a strategic business decision to maintain a small practice so that we can personally have an in-depth relationship with each client and meet each client wherever they live across the U.S. Our favorite meeting locations include around the kitchen table, at your vacation home, on your back deck, etc. |
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Will you be the only person working with me? |
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We are a father and son team. Both Al Sr. and Al Jr. work will all clients. Both Al Sr. and Al Jr. are Certified Financial Planner" practitioners. We will not take you on as a client and then hand you off to someone else so we can go take on more clients. |
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How much risk should I be willing to take? |
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This answer is different for every client and something that we would spend a lot of time talking about to identify your appropriate risk tolerance. We like to talk about it in terms of your "sleep comfort level". We believe it is very important that you can sleep well at night with whatever risk level you choose. |
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Have you ever been charged with any breaches? |
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What is your approach to financial planning? |
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We believe that a comprehensive financial plan needs to be highly tailored to each client. We focus on helping you achieve your life goals and objectives. We believe that financial planning is much more than just managing assets. |
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| Q. |
What services do you offer? |
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We provide Fee-Only Wealth Management Services. This includes comprehensive financial planning (retirement planning, estate planning, college funding, risk and insurances, cash flow and taxes, executive compensation) AND investment management (asset allocation, portfolio diversification and specific investment recommendations). |
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| Q. |
Why should I choose you as my financial advisor? |
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We are different than many others. We don't sign you up and turn you over to others. Our Fee-Only approach. Our detailed personalized financial plan. Our retainer relationship concept. Our annual performance review process. Our focus on helping you achieve your life goals and objectives. We encourage you to talk with references at the appropriate point in the selection process. |
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How do you charge for your services? |
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Initial planning is done on an hourly basis. On-Going Wealth Management Services are charged based on an annual retainer basis. We believe the retainer approach is a much better approach than the traditional "percentage of assets under management" fee basis. We would be happy to provide an example of what an actual retainer agreement proposal looks like. |
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What financial institution(s) do you represent? |
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As Fee-Only planners, we do not represent any specific financial institution. Based on our relationship with Fidelity Investments, we can recommend and use almost any investment product from any investment firm that we believe is in your best interest. We also have resources in estate planning, insurances, mortgage, taxes (CPA) that we can call upon as needed to meet your specific needs. |
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