Gradient Wealth Management (GWM) offers financial planning, consulting, and non-discretionary asset management services. GWM may recommend third-party managers (TPMs) to manage client portfolios, acting as a liaison between the client and the TPM. GWM also provides services to qualified retirement plans. Clients can impose restrictions on investments. GWM is also a broker-dealer.
Fee Structure
Gradient Wealth Management offers non-discretionary asset management services, where they recommend securities but require your approval before any trades. The annual fee is a maximum of 2.00% of the assets they manage, but this fee is negotiable based on factors like the money manager selected, the advisor providing services, and the value of your account. The fee can be paid monthly or quarterly, either in advance or after the period. You can terminate the agreement with 30 days' notice and receive a refund for services not provided.