Kody Holker
Kody Holker is a registered investment advisor at New Generation Wealth Management, LLC, based in Osseo, MN, with 5 years of industry experience. Kody operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Fee Structure
New Generation Wealth Management does not directly manage your investments. Instead, they recommend third-party managers (TPMs) like Gradient Investments, LLC. The fees for these managers vary depending on the portfolio type:
- Strategic Portfolios: 2.00% annually (1.00% to the TPM, 1.00% to New Generation)
- Tactical Portfolios: 1.80% annually (0.80% to the TPM, 1.00% to New Generation) plus internal ETF fees of 0.20%
- Allocation & Defined Outcome Portfolios: 1.70% annually (0.70% to the TPM, 1.00% to New Generation)
- Preservation Portfolios: 1.00% annually (0.40% to the TPM, 0.60% to New Generation)
- Private Wealth Portfolios: 1.50% annually (0.50% to the TPM, 1.00% to New Generation)
- Client Directed Accounts: Flat fee of $300 annually to the TPM, $0 to New Generation
These fees are negotiable and assessed quarterly. There is also a $15 quarterly service fee for technology and reporting.
Location
508 Central Ave, Osseo, MN, 55369
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Kody owns Holker Law Offices, PLLC as an estate planning attorney, spending about a quarter of his time. He is also an independent insurance agent with Asset Protection Services and an owner in Ray Creek Development, LLC and Ray Creek, LLC, real estate development companies, spending about a quarter of his time and a few hours per week, respectively.
Employment History
Current Registrations
New Generation Wealth Management, LLC
Previous Registrations
New Generation Wealth Management, LLC
State Registrations1 state
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