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Business Description |
Offers personalized financial planning, portfolio management, and investment advice for individuals.
Bowers Capital does not sell quarterly performance.
Instead, we focus on:
(1) Achieving your financial goals,
(2) Efficient asset allocation,
(3) Keeping you from making common killer mistakes.
Bowers Capital believes that investor behavior is the dominant determinant of real life returns. Through efficient, risk-adjusted, asset allocation, and by avoiding common killer mistakes, we believe your long-term real life returns will be significantly higher than most investors.
We 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: |
All States
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| Years of Experience in Financial Services: |
25
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| Number of Years with Current Firm: |
7
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| Work Experience: |
Baird, Kurtz & Dobson CPA
Merrill Lynch
Dean Witter
J.J.B. Hilliard, W.L. Lyons
Bowers Capital Management
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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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B.S. in Accounting
University of Arkansas
Arkansas State University |
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Services |
| Investment Types: |
Mutual Funds, Options & Futures, Alternative Investments, Exchange Traded Funds (ETFs), Stocks, Bonds, Socially Responsible Investments (SRI)
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Qualifications & Memberships |
| Securities Licenses: |
Series 65, Series 63
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Firm Information |
| Number of Advisors in Office: |
Up to 10 employees
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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: |
$50,000
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| Compensation Methods: |
Hourly, Flat Fee, Based on Assets
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| Fee % Based on Assets: |
Varies
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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. The fee for a financial plan is fixed.
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| Minimum Fee Charged for Managed Accounts: |
$500
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| Prepared By: |
Bill Bowers |
Frequently Asked Questions |
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Do you have a customer satisfaction or refund policy? |
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Pre-paid management fees are refunded on a pro rata basis. |
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| Q. |
What are your qualifications? What is your education background? |
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Licensed RIA and Bachelors of Science degree in Accounting with twenty-five years in financial services; including public accounting, portfolio management, financial planning, and securities sales. |
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What is your approach to financial planning? |
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Philosophy that goal-based financial planning is the only rational approach to funding one's future. |
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What services do you offer? |
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(1)Financial plans, including asset allocation plans (2)Portfolio management, and (3)Investment advice, including -- and most importantly --keeping you from making common killer mistakes. |
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How many clients do you currently manage? |
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By design, I limit my practice to less than fifty investors. |
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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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Flat fee for financial planning. Fee-based asset management. Both include advice. (Rates vary when both planning and asset management are sought.) |
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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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Only if you desire to know beforehand. |
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Do you offer any guaranteed results? |
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I guarantee that I will care about your success more than any other advisor. |
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How much risk should I be willing to take? |
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You should be willing to take only enough risk to reach your financial goals. |
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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, and (3)Investment advice, including -- and most importantly -- keeping you from making common killer mistakes. My role of behavioral investment counseler is the key to your long-term success. |
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What is your experience? How many clients do you currently manage? |
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A Bachelors of Science in Accounting with twenty-five years in financial services; including public accounting, portfolio management, financial planning, and securities sales. By design, I limit my practice to less than fifty investors. |
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| Q. |
What financial institution(s) do you represent? |
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I represent no financial institutions, although currently all of my clients hold their investments at Schwab Institutional, a division of Charles Schwab & Co. Inc. I am NOT an employee of Schwab. They work for me and I work for you. |
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How do you charge for your services? |
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Fee-based asset management. Flat fee for plans. |
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Do you provide a free initial consultation? |
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Yes. Initial meetings usually take about an hour or so, until I understand your needs and you understand what you can expect from me. |
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Why should I choose you as my financial advisor? |
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Because I will care more about your success than anyone else. |
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What are your qualifications? |
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Besides an RIA license, twenty-five years in financial services, which includes many 401K plan rollovers. |
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What is your approach to 401 K plan rollovers? |
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Your 401K plan is a component of your overall portfolio. The "approach" is to include your 401K assets in an efficiently allocated portfolio designed to reach your financial goals. |
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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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I represent no financial institutions, although currently all of my clients hold their investments at 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 me and I work for you. |
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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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There are no extra fees for 401K plan rollovers. Fees for 401K plan rollovers are charged the same asset-based fees as are taxable accounts. |
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Do you provide a free initial consultation? |
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