What are your goals?College funds? New or second home? Maintaining or increasing your standard of living in the future? How much do you want to travel each year? Do you want a new boat? How often can you afford a new car? Do you have enough life insurance? Will the surviving spouse have enough income?
The Retirement Lifestyle Book and online Goal Wizard helps you identify and manage your goals.
The early bird gets the worm but the second mouse gets the cheese.
~Anonymous
Login to Your Schwab Alliance Website
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Your Access To Your Account On The Internet:
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Set up your Schwab Alliance Login User ID and Password, or
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Set up your eDelivery paperless service for account statements, confirms, & tax statements
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Deposits To Your Account & Schwab Mailing Address
For clients using Schwab Institutional discount brokerage, the
address for mailing deposits, forms, or any other correspondence is:
Charles Schwab & Company Inc.
Institutional Client Service Group
P.O. Box 628290
Orlando FL 32862-9905
- Write your Schwab Institutional account number on your check.
- Self-address stamped envelopes are available upon request.
Your account can also be set up for electronic deposits/withdrawals between your bank account and brokerage account.
We do not accept deposits for your accounts, although we will supply you with Schwab self-addressed, stamped envelopes upon request. You also may deposit funds into your Schwab Institutional account electronically.
Your Account
Although your accounts are held at the brokerage company of your
choice, currently all directly managed accounts are held in custody
by Schwab Institutional, the institutional trading branch of
discounter, Charles Schwab & Co., Inc.
Using a discount brokerage can be to your advantage and can save
thousands of dollars per year compared to a full-commission
brokerage.
You will receive periodic account statements - usually monthly -
from your brokerage company, in addition to regular trade
confirmations, tax information, and other account-related
information.
Schwab Institutional, for example, offers real-time Internet access
to your accounts with access to past account statements, trade
confirmations, and tax documents--all available for printing. Your
live website will show your performance too.
Your Access to Your Account on the Internet
To sign up for paperless delivery (eDelivery), follow the procedure below:
Set up Your Schwab Alliance Login User ID and PasswordDo you already have a schwaballiance.com User I.D. and password?
| Yes | No |
| ̣ | ̣ |
|
1. Go directly
to our Paperless Enrollment page at
www.schwab.com/sa_gopaperless to complete your
enrollment and identify which Schwab accounts you want
switched to paperless delivery. |
1.
You can set up a login User I.D. and password at the
Login ID Setup page. If you prefer, you can set up your login ID and password by calling a Schwab Signature Alliance® rep at 800-515-2157. 2. After you set up your login User ID and password, visit the Paperless Enrollment page to complete enrollment. For your security, the registration process requires some account-specific details. Please have a copy of your most recent statement on hand. |
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Our Access To Your Account
Our access to your Schwab Institutional accounts include:
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Effecting buy and sell trade transactions.
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Ordering Schwab Institutional to make disbursements to your address of record. Disbursements of your funds are made only to your address of record, unless your written instructions are submitted in advance to Schwab Institutional. We also initiate pre-authorized electronic deposits and withdrawals to and from your accounts.
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We have access to your account data, transaction history, current and past gains/loss information; access to your archived Schwab statements, tax statements, and account profile information.
To avoid conflicts of interest, client fees make up 100% of our revenue. We have a strong financial incentive that you do well. All fees are quoted before work begins.
Financial Plans
- Asset management clients: $750
- Non-asset management clients: $1,500 and up, depending upon the complexity of your plan. Full amount will be quoted before work begins.
- Unlimited updates for a small annual fee which vary according to the complexity of the updates.
Asset Management
The quarterly management fee is calculated as a percentage of the value of your accounts. The QMF is 0.25% (one-fourth of 1 percent) of the assets managed.
Fees are often deductible. Check with your tax advisor.
Schwab Institutional Commissions
Schwab Institutional is a division of Charles Schwab & Co. Inc.
Bill
Bowers or Bowers Capital receives
no compensation from Schwab in any form for any reason.
Schwab's eDelivery service offers discounted trade commissions
ranging from $9.95 to $12.95 per trade, as described
below.
Schwab's eDelivery involves receiving your trade confirmations and
account statements electronically, instead of paper copies by
regular mail.
Trade confirmations and account statements may be printed or saved
on your computer for future reference. Your monthly statement is
usually available for viewing, saving, and/or printing on the first
business day of the next month. Paper statements, for those who do
not subscribe to eDelivery, usually arrive sometime during the first
ten days of the month.
Benefits of eConfirms and eStatements:
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Convenient access to trade confirmations, account statements, and tax documents.
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10-year archive of statements and 9-year archive of tax reports on a secure website.
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Statements and tax forms available earlier than paper forms.
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Schwab Institutional Discount Trade Commissions
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Accounts $1 million or more: $9.95/trade for any number of shares if enrolled in Schwab eConfirms & Schwab eStatements
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Accounts less than $1 million: $12.95/trade for any number of shares if enrolled in Schwab eConfirms & Schwab eStatements
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Accounts not enrolled in eDelivery services: $19.95/trade for any number of shares.
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Check Requests and Other Service Issues
For check requests, and other service issues, I may be reached in my
office at 812-951-0380 or call
Schwab Alliance at 800-515-2157 between 7:00 a.m. and 7:00 p.m. EST.
Under no circumstances will Schwab mail a check to an address
different from the address of record without prior written
instructions. The same applies for electronic withdrawals from
your account.
Year End Tax
Information
Form 1099s are normally mailed by Schwab Institutional during the
last two weeks of January. Sometimes, "corrected 1099s" follow in
February, so it's a good idea to wait to file your taxes until after
corrected Form 1099s have been received.
If you are enrolled in eStatements your tax documents are archived on your Schwab Alliance website and are available for printing and/or download.
Privacy Policy
We are committed to safeguarding your private information that we
maintain about you. Our privacy policy applies to present and former
clients. “Personal information” refers to the nonpublic information
obtained in connection with carrying out our services.
Your Privacy Is Not for Sale
Simply put, we do not and will not sell your personal information to
anyone, for any reason, at any time. We may, however, share
information that we believe is required or permitted by law. For
example, we may be required to disclose personal information to
cooperate with securities regulators or law enforcement authorities.
How We Collect Information About You
We collect personal information about you in a number of ways.
- Account application and registration information
We collect information from you from brokerage account applications and other documents required by Schwab (or other brokerage company that holds your assets) when you open a brokerage account or enroll in some brokerage services. The information we collect may include your name, address, phone number, email address, Social Security number and date of birth, as well as details about your interests, investments and investment experience. - Transaction and experience information
Once you have opened a brokerage account, we have access to the information collected and maintained by the brokerage company, including personal information about your account activity, including your transactions, balances, positions and history.
When you visit our website, our computer does not use devices known as "cookies.”
Safeguarding Your Information, Maintaining Your Trust
We take precautions to ensure the information we collect about you
is protected and is accessed only by those authorized. We maintain
physical, electronic and procedural safeguards to protect personal
information.
Commitment to Keeping You Informed
We will provide you with advance notice of important changes, if
any, to our information-sharing practices. We often re-evaluate our
security and privacy policies and adapt them as necessary. Please
direct questions to Bill Bowers at 812-951-0380.
Other Disclosures
Bowers Capital Management (BCM) is a state-registered registered
investment advisor. BCM is in compliance with the current
registration and/or notice filing requirements imposed upon
registered investment advisers by those states in which BCM
maintains the required number of clients. We are obligated to
register with each state in which we have more than 5 clients. Even
though we do not register in those states in which we have 5 or less
clients, we are still held accountable by the individual securities
laws of each state.
BCM will not render investment advice to any individual or company
unless BCM is first registered in the client's state of residence or
unless BCM satisfies an applicable exemption or exclusion from such
state's registration requirements. We currently accept business from
all fifty states.
BCM's website is limited to the dissemination of general information
pertaining to its investment advisory services. It is for
informational purposes only and so should not be construed by a
consumer and/or prospective client as a solicitation to effect, or
attempt to effect transactions in securities, or the rendering of
personalized investment advice for compensation, over the Internet.
BCM's specific advice is given only within the context of our
contractual agreements with each client. Advice may only be rendered
after the delivery of Form ADV Part II (Investment advisor's
disclosure document) and the execution of an agreement by the client
and BCM. Form ADV Part II, which discusses BCM's business
operations, services, and fees is available upon request.
View or Download a sample financial plan here.
View or Download the Retirement Lifestyle Book questionnaire.