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Your financial advisor is the head of your team at BWM. We’ll spend the most time with you, getting to know you and your family and understanding where you are now and what your goals for the future are. But we don’t act alone – we are the quarterback that brings the right resources to you, to help ensure that your financial plan keeps up with changes in your life, the markets, the tax regime, and other constantly evolving factors.
The most important thing to know about BWM is that we act as fiduciary for our clients. A fiduciary in general is someone strives to work in the best interest of another. In our role as financial advisor fiduciaries, this means that everything we recommend to you, every plan we develop for your wealth, every product or strategy – must be the optimal possible choice for you.
Advisors at BWM take an interactive, hands-on approach with building a relationship with each client while guiding them down a financial path to grow their wealth. But they don’t do this alone – we have partnerships that allow us to provide you with seamless, comprehensive financial planning and opportunities to build a legacy for your wealth and family
The Custodian is a specialized and regulated financial institution that holds client assets for safekeeping. BWM Financial chooses a custodian based on your objectives and advisory needs. LPL Financial and Fidelity act as our primary custodians in safeguarding assets. Each custodian provides a different level of products and services that in turn provide you an inclusive opportunity to grow your wealth. Your Advisor will help select the proper custodian to meet the needs of your portfolio and investment selections.
Registered Investment Advisor (RIA)
Another affiliate is Stratos Wealth Partners. Stratos Wealth Partners acts as our Registered Investment Advisor or RIA. Acting in a fiduciary capacity, Stratos supports BWM Financial in areas that are required by the U.S. Securities and Exchange Commission. They provide services such as compliance support, documentation and disclosure statements, advisory operations, technology support, as well as advertising and marketing. Stratos Wealth Partners and BWM work collectively to ensure we are striving to exceed industry standards with the security and suitability of each relationship.
Bringing it Together
You will see different company names on documents you receive: Stratos will appear on your client agreements and performance reports; Custodians (LPL/Fidelity) will show on your monthly and tax statements. These three tiers work in concert as a three-pointed triangle, each with their own role and responsibilities to your relationship.
Our entire ethos is to consistently be there for our client families. We’ve carefully selected our partners to ensure we act in our clients’ best interest, and that we are providing robust financial planning and wealth building strategies.