Overview
Firm Description
Financial Freedom, LLC was founded in 1981 by Allen A. Osgood. The firm consists of two
advisors; Allen A. Osgood and Allen A. Osgood, Jr., both of whom are Certified Financial
Planner™ practitioners.
Financial Freedom provides Fee-Only Wealth Management Services which includes
comprehensive financial planning and investment management services. Our primary objective
is to help our clients achieve their life goals and objectives. We are Fee-Only financial planners.
Our compensation is solely from fees paid directly by clients. We do not receive commissions
based on client purchases of any financial product, including insurance. No commissions in any
form are accepted. No referral fees are accepted.
Client assets are held by independent custodian, Fidelity Investments (Boston, MA) in each
client’s name. While it is not a formal requirement to custody assets at Fidelity Investments, we
do recommend that to our clients given the services that Fidelity provides.
We may recommend other professionals (e.g., lawyers, accountants, insurance agents, real estate
agents, etc.) at the request of a client. Other professionals are engaged directly by the client on
an as-needed basis even when recommended by us. While not anticipated, any potential
conflicts of interest will be disclosed to the client and managed in the best interest of the client.
Principal Owners
Financial Freedom, LLC is owned by Allen A. Osgood and Allen A. Osgood, Jr. There are no
intermediate subsidiaries or any other owners.
Types of Advisory Services
Financial Freedom, LLC offers Fee-Only Wealth Management focused on the following services:
1. Comprehensive Financial Planning
The development and implementation of a comprehensive financial plan is the foundation,
or roadmap, to achieving ones goals. The comprehensive plan provides a strong foundation
on which to build financial security. Based on a client’s individual goals and
objectives, we help develop and then implement a comprehensive plan that is uniquely
tailored to their specific needs. The comprehensive financial plan normally addresses:
• Financial (and Non-Financial) Goal Setting and Goal Achievement
• Investment Management and Asset Allocation
• Retirement Planning (including Monte Carlo simulation)
• Estate Planning
• Cash Flow and Savings Analysis
• Insurance, Risk Analysis and Risk Reduction
• Tax Planning and Effective Tax Reduction Strategies
• College Funding (Children & Grandchildren)
• Executive Compensation and Stock Options
2. On-Going Wealth Management Services
Once a comprehensive financial plan has been developed, we help a client successfully
accumulate and manage the wealth necessary to achieve their goals and objectives. This
On-Going Wealth Management relationship includes both on-going comprehensive
financial planning and investment management services. The core of investment
management involves providing proactive and on-going asset allocation and portfolio
diversification that is responsive to changing investment opportunities and client
circumstances.
Tailored Relationships
All services are tailored to the individual needs of our clients. Client goals and objectives are
clarified in meetings and via correspondence and are used to determine the course of action for
each individual client. The goals and objectives for each client are documented in our client
files, either in hard copy or in electronic files. For those clients having an On-Going Wealth
Management relationship, we further document goals and objectives through the development of
a written Investment Policy Statement. Clients may impose restrictions on investing in certain
securities or types of securities. This must be done in writing and be signed by the client and
Financial Freedom, LLC.
Wrap Fee Programs
Financial Freedom, LLC does not utilize or participate in any wrap fee programs.
Managed Assets
As of December 31, 2023, our Regulatory Assets Under Management are approximately
$391,584,000 and consists of 772 accounts custodied at Fidelity Investments for about 115 client
households. All $391,584,000 of regulatory assets under management are custodied at Fidelity
Investments and are managed on a non-discretionary basis. We seek client approval prior to
making any changes in a client’s account.