All Bosworth Financial Services programs follow a rigorous planning process modeled on CFP Board of Standards guidelines. This process is thorough and effective. It involves six steps.
Step 1: Establishing the Working Relationship
We clearly explain and document our services, define the responsibilities each of us has and clearly lay out our fees and any other expenses you may incur.
Step 2: Gathering Information
We familiarize ourselves with your life and financial circumstances, gain an understanding of your financial and investment views, and help you articulate goals. Key documents such as tax returns, insurance policies, and investment statements are reviewed.
Step 3: Evaluation and Analysis
With the help of sophisticated computer software we analyze your overall situation, including the likelihood of attaining key goals. Depending on our agreement, we provide detailed assessments of cash flow, insurance coverage, investment performance, retirement plans, estate plans, and tax strategies.
Step 4: Recommendations
On the basis of our analysis and further conversations we develop a customized set of recommendations specifically tailored to meet your goals. Always being mindful of your preferences and concerns, initial recommendations may be revised based on your reactions.
Step 5: Implementation
We reach agreement on how to best implement recommendations. Some we will carry out on your behalf, many you can implement yourself, while others may require work from your CPA or attorney, either acting independently or in concert with us.
Step 6: Ongoing Monitoring
Plan progress should be reviewed periodically, making appropriate modifications to strategy and tactics based on changing personal and market conditions. Having experienced the integrity and quality of our work, we expect that you will value our ongoing involvement in keeping your plan on track.
Bosworth Financial Services, LLC ("Bosworth Financial Services") is a registered investment adviser offering advisory services in the State of New York and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by Bosworth Financial Services in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption.
AIl written content on this site is for information purposes only. Opinions expressed herein are solely those of Bosworth Financial Services, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties' informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.