First, book an introductory video call. This is a "get to know you" meeting to share general info. It doesn't place any obligation on you.
After that conversation, if there seems to be a fit, within a few days you'll receive an engagement letter which spells out the services to be provided.
Working with an advisor on your financial goals should never be a rushed process. Take your time to think it over, ask any questions on your mind, and once everything makes sense we can move forward.
Bormann Wealth Management, LLC is a registered investment advisor located in the State of Washington, but serves clients in several other states as well. Registration requirements vary by state.
Currently due to the pandemic, all meetings are conducted remotely. To check if services are available in your location, send an email.
Financial professionals previously or currently registered as a broker will have their work experience, plus any customer complaints or disciplinary history, viewable through FINRA's BrokerCheck. That site also provides a link to the SEC for investment advisor registrations.
From the SEC's website, you can view an investment advisory firm's registration and ADV Brochures which describe business practices, office location, fee structure, etc.
Please have a recent statement (within the past 12 months) from any investment accounts you currently hold. Other documents needed will depend on the planning services you choose to engage.
At the core, investing should be a common sense discipline. Buy good assets at favorable prices, and then hold on to them.
However, what makes an asset "good", and what is a "favorable price"? These questions quickly get complicated!
Bormann Wealth Management builds portfolios out of individual stocks plus index funds or ETFs. Each client's portfolio can be uniquely customized according to their preferences.
If you have ethical values which guide your investment choices, please mention them! We can include those goals as part of the selection criteria in your personalized portfolio.
No, but if you already work with an attorney or tax professional, we can collaborate with them while building your financial plan.
Advising on the right types and amounts of insurance to have is an important part of the planning process. However, BWM does not produce or solicit new insurance policies, as it would pose a conflict of interest.
You can choose a local, independent insurance agent to compare multiple carriers for you, after you've decided on what amount of insurance to buy.
Get in touch! Emails are answered promptly.
Bormann Wealth Management, LLC is a registered investment adviser offering advisory services in the State of Washington and in other jurisdictions where exempted. Copyright © 2020-2022 Bormann Wealth Management. All Rights Reserved.