GFP Private Wealth offers investment advice and manages portfolios based on clients' individual needs and goals. GFP also provides financial planning services, including reviews of personal finances, tax planning, investments, insurance, retirement, and estate planning. GFP manages accounts on a discretionary basis, meaning they make trades without asking you first. GFP may recommend clients invest in certain mutual funds of North Square Investments where the subadvisor, Red Cedar Investment Management, is affiliated with GFP.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.80% |
| $10M+ | 0.50% |
These fees are for equity and balanced accounts. Investment management fees for fixed-income-only management are based on a sliding scale of an annual percentage of the market value of the assets under GFP’s management: .50% on the first $5,000,000; .40% on the next $5,000,000; .30% over $10,000,000. Although GFP has established the fee schedule(s), we retain the discretion to negotiate alternative fees on a client-by-client basis.