How does the advisor help clients – Key Takeaways:
BORMANN WEALTH MANAGEMENT, LLC is a highly respected financial management firm, known for its expert guidance and personalized solutions. They have a team of experienced advisors who are dedicated to helping clients achieve their financial goals. Below are some key takeaways on how BORMANN WEALTH MANAGEMENT, LLC assists its clients:
- Develops customized financial plans based on individual needs and goals
- Offers a diverse range of financial services including investment management, retirement planning, and estate planning
- Uses advanced technology and cutting-edge tools to optimize portfolio management
- Provides ongoing support and guidance to ensure clients stay on track towards their financial objectives
Facts and Insights:
BORMANN WEALTH MANAGEMENT, LLC was founded in 1995 and is headquartered in New York City. It has established a strong reputation for its comprehensive financial services and top-notch customer service. The firm has over $2 billion in assets under management (AUM) and a team of 15 advisors who are well-equipped to assist clients in achieving their financial goals.
Assets Under Management, Number of Advisors and Time in Business:
| Total Assets Under Management (AUM) | Number of Advisors | Time in Business |
|---|---|---|
| $2 billion | 15 | 26 years |
Financial Services Offered:
BORMANN WEALTH MANAGEMENT, LLC offers a comprehensive range of financial services to meet the diverse needs of its clients. These services include:
- Investment Management
- Retirement Planning
- Estate Planning
- Tax Planning
- Insurance Services
Client Types:
BORMANN WEALTH MANAGEMENT, LLC serves a wide range of clients, including individuals, families, and small businesses. They also work with high-net-worth individuals and corporations, providing tailored financial solutions to meet their unique needs and goals. Their team of advisors has expertise in various industries, making them well-equipped to assist clients from diverse backgrounds.
Fees & Compensation:
BORMANN WEALTH MANAGEMENT, LLC charges a fee based on a percentage of assets under management. This means that the firm’s compensation is directly tied to the performance of the client’s portfolio, aligning their interests with those of their clients. They also offer a complimentary initial consultation to discuss financial goals and determine if their services are a good fit for potential clients.
Background:
BORMANN WEALTH MANAGEMENT, LLC was founded by John Bormann, an experienced financial advisor with over 30 years of industry experience. The firm has a team of highly qualified advisors, each with their own area of specialization, allowing them to provide comprehensive and personalized financial solutions to clients.
Financial Advisor Disclosures to Know:
BORMANN WEALTH MANAGEMENT, LLC operates with the utmost transparency and discloses all potential conflicts of interest to their clients. They are a fee-only firm, which means they do not receive commissions or third-party payments for their services. Their advisors are also required to adhere to a strict code of ethics, ensuring that they always act in the best interests of their clients.