Yes. Boulevard Wealth Management operates as a fiduciary, delivering advice and service that furthers your objectives without the influence of outside concerns. A fiduciary is charged with acting only in a clients’ best interest. This contrasts the “suitability” standard used by many investment brokerages and insurance firms where advisors only need to make an argument that their recommendations “fit” a client or don’t cause harm. Further, we do not receive revenue sharing, perks or compensation from any third parties.

We are a full-service wealth management firm operating under Christian values and based in Eden Prairie, Minnesota. Boulevard’s team based approach makes us stand out above other financial advisory firms. Our industry has developed a reputation where advisors tend to be the “jack of all trades, but masters of none.” The Boulevard Team has flipped this philosophy on its head by developing experts in each respective discipline of wealth management - from investments, insurance and financial planning to tax planning and even estate planning.

Yes. For those looking for help with investments and portfolio management, we have a stated minimum of $100,000 of investable assets for new clients. This minimum may be waived for new clients who would still receive enough value from our services to outweigh the cost. This is often true for younger professionals with high potential.

1. Comprehensive Financial Planning  

 Financial planning projects are completed for a predetermined flat fee. Fee estimates are provided prior to engagement. We begin by conducting an onboarding process to gather all the financial facts as well as your thoughts and perceptions surrounding your financial life. From here, the Boulevard Team will assess and custom build a plan based on your personal financial life, goals and needs. Here the client benefits from a collaborative approach with the insight of multiple experienced and credentialed advors from multiple scopes of excellence. The mutually agreed planning fee becomes payable upon delivery of the plan, but Boulevard will continue to help the client execute on recommendations and advise within the scope of the agreement.  Boulevard will add value beyond our planning fees, guaranteed. In the unlikely chance a client does not see a fair exchange of value, we will refund the planning fee of the current engagement. Clients can review their plans regularly through ongoing review meetings, and via the Client Web Portal.

2. Portfolio Advisory Services

Boulevard Wealth Management provides full-service investment management services, with an emphasis on risk management. After a comprehensive assessment of your personal risk tolerance, we implement a systemtic rebalancing approach that allows us to take profits from the areas of the market that have gone up and subsequently buy into areas that are down.  Portfolio Advisory Services are billed as a quarterly fee on assets under management, according to the most current fee schedule in our form ADV.

3. Insurance Advisory Services

Boulevard Insurance Advisory Services are unique in their approach. Unlike any other insurance agency, we purposely built our insurance arm to best serve the client, as opposed to being a profit center for the company. Boulevard measures success by the extent we help to increase clients’ assets and portfolios. Thus, we seek to  minimize the expense of insurance while still covering the needs that only insurance can fill as identified in a clients’ financial plan. Insurance can be an indispensable tool for some clients, while a completely unnecessary expense for others. We will help you assess your needs while minimizing the expense. To this end, we employ a unique process that allows us to shop the universe of policies available for you and identify the best value for you personally. If we get a surprising or disappointing offer from a carrier, our process allows us to go back and reshop the market with  no additional inconvenience to the client, saving you time and money. Further, our in-house experts are highly skilled and experienced in evaluating existing policies for performance and efficiency as well as designing plans and policies for high efficiency to meet a specific personal or corporate goal. It is not one size fits all here. 

Our team works with a wide range of individuals and families. Among these, 3 specific career/life tracks are common:

1. Young Professionals

Young professionals come to us as their financial life begins to get more complex than they are comfortable dealing with or than they have the time or energy to stay on top of. They often find that they earn more money than they spend. Frequently, they are recently married couples with questions around how to save, where to save, how much of a home can we or should we be seeking to purchase and what impact will  children have on their plans.

2. Executives With Equity Compensation

As a professional or executive moves up the ladder, equity instruments become commonly offered as part of compensation. To maximize this opportunity, one must carefully watch the market and understand the nuances of these structures and the tax implications and strategies available. Many times, the young professional is offered such compensations and has little to no knowledge of how to maximize this asset.  Often these clients have a good understanding of investments, but are too busy to focus on managing the complexities of maximizing such an asset. Boulevard has vast experience and education in this are and can provide enormous value to these clients.

3. Reaching and Maintaining Financial Independence

Often, we are approached by people who have successfully managed their own finances throughout their careers, but would like an expert opinion before leaving their primary occupation. It is common to feel stress and uncertainty when making so many important and often irreversible financial decisions all at once. These clients are often most concerned with questions around: am I financially ready to retire? How can I secure and preserve my nest-egg?  When should I claim Social Security? How will I pay for medical expenses and/or major medical insurance? Can I provide for myself AND leave a legacy, if so what is the most efficient way to accomplish this? We frequently receive high praise for not only answering these questions, but providing peace of mind and confidence for our clients.

If you would like to see if Boulevard is a good fit for you personally and if we can add value above and beyond expense, the first step is to reach out and schedule a no obligation, no-cost discovery meeting. This 60-minute meeting is designed to give both you and Boulevard a chance to ask questions, get to know one another, document your “money values,” establish a preliminary understanding of your financial landscape, and discuss fees and services. Together, we will determine and conclude whether Boulevard can add enough value to exceed fees. If there is enough value, we will send you home with our Client Agreement to review and send back if you would like to move forward.