Do you see the sexy, glossy investment advertisements in the media for what they really are – banks, broker-dealers, and insurance companies simply promoting products to aid their sales people in selling those products and earning commissions?
Do you recognize that the employees of these banks, broker-dealers, and insurance companies who represent themselves as “financial advisors” are merely self interested sales people and not fiduciaries who are required at all times to act in your best interest?
If so, you may well be one of Bergland Wealth Management’s Ideal Clients. We partner with individuals like you, in a fiduciary capacity, serving as your guide and educator in your financial life planning decisions, freeing you to spend your time doing those things you enjoy doing. In partnering together with a Win/Win relationship, we create a new entity that is stronger than either you or BWM when taken separately. This new entity, the Win/Win Partnership, exits and operates completely, totally, for your personal well-being, success, and the achievement of your dreams and living your Ideal Life.
What are other characteristics of our “Ideal Client”?
- View money as a means to accomplish your vision
- Possess a strong spiritual dimension
- Not interested in spending your time doing what we do
- Recognize the importance of a comprehensive financial plan
- Serious about partnering with Bergland Wealth Management
- Willing to utilize technology (email and web conferencing) as a means of interaction
- Has an affinity for our advisors
- Embrace our Fee-Only and retainer compensation model
- Respect our competence and appreciate what we do for you
Last, but not least, our “Ideal Client” has a minimum net worth of $1 million or, is on the fast track to having a $1 million net worth. We have found that clients with a net worth of $1 million, or who are on the fast track to having a $1 million net worth, tend to derive the greatest value from working with Bergland Wealth Management. While we do not enforce a minimum asset level, we do have a minimum retainer fee.
How can this be? Because, as your partner, we:
- Put your unique comprehensive financial plan in writing and in the process remove the many expensive head winds standing between you and your chosen harbor. Some examples: conflicts of interests, excessive portfolio turnover, excessive costs, commissions, 12b-1 fees, surrender fees, lack of professional training, poor diversification– to name just a few. These, and others, put a needless drag on your ability to get where you want to go.
- Once your Plan is written, we then coordinate and monitor all pieces of your plan, coaching and guiding you as your partner (lighthouse) into your chosen harbor. There is nothing better than seeing a plan when it comes together and the twinkle in your eye. You know it, we know it. It is priceless. You cannot put a price tag on it. That is when the Ideal Client says, “You know, you really don’t charge enough.” But it takes a Win/Win Relationship – “Partnership” – for this to happen. With us, it happens with our Ideal Clients.