Kent Bowman
Kent Bowman is a CFP-designated registered investment advisor at Arrow Financial Group, based in Farmington Hills, MI, with 41 years of industry experience. Kent operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 25 clients with $22M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ARROW Investment Management offers several investment management platforms with different fee structures:
- Advisor Managed Portfolios (Wrap Fee): Fees range up to 2.50% annually, including administrative and advisory fees. The specific rate depends on the amount you invest.
- Advisor Managed Portfolios (Non-Wrap Fee): Fees range up to 2.30% annually, plus separate transaction charges per trade.
- Model Portfolios Program: Fees range from 1.25% to 1.50% annually, depending on the amount you invest.
- SMA and UMA Program: Fees range up to 1.50% annually, including a platform fee and a manager fee. The platform fee varies based on the amount you invest.
These fees are negotiable.
Location
31800 Northwestern Highway, Suite 300, Farmington Hills, MI, 48334
Get directionsHistory
Regulatory History (7)
Customer Dispute
March 2023Customer Dispute
August 2019Customer Dispute
October 2006Customer Dispute
July 2001Customer Dispute
July 2001Customer Dispute
November 1998Customer Dispute
November 1990Other Business ActivitiesSells Insurance
Kent is the owner of Arrow Risk Management, an insurance agency specializing in life, health, disability, and long-term care, and spends about 10-20% of his time managing it. He also owns Arrow Financial Solutions and Arrow Investment Management, and dedicates about half his time to Arrow Investment Management.
Employment History
Current Registrations
Arrow Financial Group
Osaic Wealth, INC.Broker
Previous Registrations
Royal Alliance Associates, INC.
First Union Securities, INC.Broker
Prudential Securities IncorporatedBroker
First of Michigan CorporationBroker
Lehman Brothers INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations22 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.