Our Process

Boerum Hill Financial Advisors was established to provide you with financial advice that is relevant, tailored, and built on the foundation of a strong relationship. As a fiduciary advisor, we are free from the pressure to sell a specific point of view, investment product, or a prepackaged solution. We receive no fees from you or others, for a specific transaction, to trade a security, a stock, bond, fund or insurance. Our process involves gathering key financial information as our relationship grows and our mutual understanding develops.

Discovery

We make it easy for you.
Information collection is key to the creation of an accurate current financial position. We use automated technology for data gathering that safely captures your financial and personal information and links your financial institutions. You will have access to your personal financial portal, 24/7.

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Goals

Your goals and your timeframe.

Understanding your current financial situation brings clarity to goal development and goal setting. We work with you to establish goals in the short, medium and long term. Goals can and do change so we make your plan a living document that responds to you and your circumstances.

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Risk Composure

Risk composure

It is not only necessary to understand your risk tolerance and capacity to take risk, but also to properly perceive the amount of risk you are taking. We work with you to align your investment risk with your risk tolerance and develop ways to maintain this important alignment (risk composure). 

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Solution Design

Solutions designed to stick

We design clear and understandable ways for you to capture your goals and manage downsides. Once your financial picture has been created, your goals defined and your risk composure on track, we develop solutions and action plans that are relevant for how you work and live, to ensure implementation so that traction occurs. 

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Implementation

Implementation

We work with you to implement action steps. We identify the impediments to success and develop mitigation strategies for you. We identify the third-parties and experts needed to get the job done and ensure that a seamless and timely implementation is achieved. Importantly we prioritize action steps.

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Ongoing Relationship

Your personal CFO

Staying engaged with you makes for well-timed financial decisions at low-cost. We keep in contact with you on a regular basis to keep up-to-date of your situation. We create a financial portal for you so that in real-time, you know your financial position, spending and budget, and investment performance. 

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"Finance is not merely about making money. It's about achieving our deep goals and protecting the fruits of our labor."

Our Fees

  • Investment Management Services

    Investment advisory fees are paid quarterly, in advance, pursuant to the terms of the agreement. Investment advisory fees are based on the market value of assets under management at the end of the prior calendar quarter. Investment advisory fees range from 0.5% to 1.0% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements, portfolio restrictions and other complexities may be charged a higher fee. 

    Fees may be negotiable at the discretion of the Advisor. The Client’s fees will take into consideration the aggregate assets under management with Advisor. All securities held in accounts managed by Boerum Hill will be independently valued by the designated Custodian. Boerum Hill will not have the authority or responsibility to value portfolio securities. The Advisor’s fee is exclusive of, and in addition to, brokerage fees, transaction fees, and other related costs and expenses, which may be incurred by the Client. However, the Advisor shall not receive any portion of these commissions, fees, and costs.
  • Financial Planning & Advisory Services

    We offer financial planning services on an hourly basis. Boerum Hill may also offer financial planning for a fixed retainer fee based on the expected number of hours. Fees may be negotiable based on the nature and complexity of the services to be provided and the overall relationship with the Advisor. An estimate for overall costs will be provided to the client prior to engaging for these services.
THERE'S NO TIME LIKE THE PRESENT

Let's Schedule a Discovery Call

We offer a complimentary "Get Acquainted" meeting to learn more about your financial planning needs and share information on our firm to see if our services are right for you.
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Contact

  • Phone:
    (516) 695-1610
  • E-Mail:
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