In May we started on the “financial information update” project. In this is initiative we are asking you to update information on your financial position (assets and liabilities) and investment time frame and goals. State regulators want us to document that we are keeping current with client financial needs and over time, investment goals, risk tolerance and finances will change. This is a new push by regulators. This update only applied to clients who have been with Bullseye over 3 years and moving forward we will seek to update this information for all clients every three years.
We sent several batches of mailings out over May and June, and so far, we have received about half of them back. For those who have already returned the update, thank you so much for your prompt action.
If you have not returned the financial update form yet, please take a few minutes to complete it. We designed it to be easy to complete, with most information only requiring a check box. We have included a self-addressed stamped envelope.
If you have a question, please reach out to us. All our contact information is always at the end of the newsletter.