Gradient Investments, LLC

CRD#141726
Investment Advisor Firm

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Learn more about Gradient Investments, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Gradient Investments, LLC is located at 4105 Lexington Avenue North, Saint Paul, MN. The firm employs 14 financial advisors to manage client portfolios and provide financial guidance. Gradient Investments, LLC is not a registered broker-dealer.

    Gradient Investments, LLC oversees $5.3 billion in assets under management across 56,752 accounts, all of which are discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. The firm caters to retail investors, high net worth investors, and pension plans, with retail investors being the largest client type by accounts. The fee structure at Gradient Investments, LLC includes asset-based and fixed fees. The firm has 813 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, an accountant or accounting firm, a lawyer or law firm, and an insurance company or agency.

    Gradient Investments, LLC is registered in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

    Assets Under Management

    $5.3 billion

    Number of Advisors

    14

    Disclosures

    No

    Office Location

    4105 Lexington Avenue North
    Saint Paul, MN 55126

    Gradient Investments, LLC by the Numbers

    Total Assets Under Management

    $5.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    39

    National Average: 64
    Total Number of Accounts

    56,752

    National Average: 375,227
    Average Account Size

    $92.8 thousand

    National Average: $23.0 thousand
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    Fee Structure

    Financial advisory fees typically depend on the financial services provided. Fees charged by Gradient Investments, LLC may include any blend of the following fee structures: asset-based or fixed.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The company works with retail investors, high net worth investors, and pension plans. Out of its 3 clients, Gradient Investments, LLC's biggest client type by number of accounts is retail investors, though it also serves 813 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of more than $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 3.65%
    • Other Individuals - 96.33%
    • Corporations - 0.02%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Gradient Investments, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Gradient Investments, LLC

    Matthew Anderson
    Saint Paul, MN
    Kimberly Johnson
    Saint Paul, MN
    Benjamin Sand
    Saint Paul, MN
    Douglas Amis
    Durham, NC
    Robert Punch
    Saint Paul, MN
    Michael Binger
    Saint Paul, MN
    Jeremy Bryan
    Saint Paul, MN
    Jonathan Vanorden
    Saint Paul, MN
    Ernesto De La Torre Marin
    Saint Paul, MN

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