Is there a cost to hold an initial meeting?

There is no cost for an initial meeting.

How do you charge for your services?

Bowen Asset Management receives 100% of its compensation from asset-based advisory, planning, and consulting fees paid by clients monthly. This approach aligns our interests with those of our clients. Our asset-based fees are simple, transparent, competitively tiered advisory fees based on portfolio size. You will incur trading fees directly billed by the third-party custodian housing your portfolio. Our goal is to keep the fees as low as possible. Many investment advisers can charge commissions on products they sell in addition to their management fees. Often, better and more affordable products exist, but some financial advisers are incentivized to sell products providing higher returns to them. At Bowen Asset, we pledge to purchase classes of shares which make the most economic sense for our clients' interests.

Do you have a minimum portfolio size?

We do not have a minimum portfolio size. Each client should expect the same level of personal service and fiduciary care despite the size of their portfolio.

Who will hold my assets?

Our clients enter into a custodial/clearing agreement with an unaffiliated third-party custodian where the assets are held in the clients’ name. We primarily recommend Charles Schwab, but we do have relationships with other custodians.

What is Bowen Asset Management's investment approach?

We believe in diversification, within limits. It is important to be diversified not only by type of company invested in -- for example small companies, large companies, and dividend-paying companies -- but also investment style. At Bowen Asset, we work toward creating unique investment strategies to meet each individual client’s goals, as well as our view on the markets. These strategies are constructed in such a way as to produce the best returns we believe we can achieve, given our client’s constraints. Each portfolio is customized to address a client’s financial risk-tolerance. We tend to concentrate most of our investments in actively managed mutual funds and liquid ETFs.

Is Bowen Asset a fiduciary? What exactly is a fiduciary?

Bowen Asset strives to act as a fiduciary and takes this responsibility seriously. A fiduciary is a person or organization acting on behalf of another person or persons, always putting their clients' interests ahead of their own with a duty to preserve good faith and trust. Being a fiduciary thus requires being bound both legally and ethically to act in the client's best interests. Strict care must be taken to ensure no conflict of interest arises between the fiduciary and the principal. It also means that the adviser must do their best to provide full and fair disclosure of all material facts defined as those a reasonable investor would consider to be important.

What has your performance been?

Because clients have different financial objectives, investment time-horizons, and comfort levels, it is difficult to show average client results. Also, past performance is no guarantee of future results because it is backward looking by nature.

What is meant by discretionary asset management?

Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager or investment counselor for the client's account. At Bowen Asset Management, the clients give us full authority to make all buy and sell decisions. An individual Investment Policy Statement is produced for each client, focusing on the client’s target allocation.