Bowen Financial Services, LLC (BFS) is a Midlothian, Virginia financial advisory firm providing fee-only financial planning and investment management services to individuals, families and small businesses. Fee-Only means BFS is compensated solely by fees paid by our clients, as we do not accept commissions or compensation from any non-client source nor do we sell any products. We believe there is a significant "conflict of interest" if an advisor stands to gain financially from the purchase of any product he or she recommends to the client.
We want to distinguish ourselves from other advisors that are referred to as "Fee-based" or "Fee-offset" as they charge both a fee and receive commissions from selling products. BFS uses neither method. As a registered investment advisors BFS has a fiduciary duty to our clients. The client's best interests must be placed before our own.
Bowen Financial Services is independent, meaning we have no outside entity to unduly influence our client advice. Our independence enables us to select World-Class Partners in the joint duty of managing our clients' money. BFS focuses on clients' financial planning requirements and asset allocation decisions and in most instances utilizes partners for the duties of security selection. In addition, mutual fund supermarkets like TD Ameritrade enable BFS and our clients to enjoy substantial economies of scale in asset trading and custodial services. Our clients are considered "institutional clients" with these partners. We strongly believe the combined breadth and cost effectiveness available from this method of building balanced, global portfolios is unmatched by any single service provider.