Adam Reed

Providence Wealth Management uses Gradient Investments, LLC (GI) as a co-advisor for investment management. GI manages the portfolios, and PWM assists clients in selecting the appropriate investment model. The fees are based on the amount of assets managed and are assessed quarterly. The fees are negotiable.

Here's a breakdown of the maximum annual advisory fees for different portfolio types:

Strategic & Tactical Portfolios:

• Under $250,000: 1.67%
• $250,000 - $500,000: 1.42%
• $500,001 - $2,000,000: 1.17%
• $2,000,001 - $3,000,000: 1.07%
• Over $3,000,000: 0.95%

Private Wealth Series, Allocation & Defined Outcome Portfolios:

• Under $250,000: 1.50%
• $250,000 - $500,000: 1.25%
• $500,001 - $2,000,000: 1.00%
• $2,000,001 - $3,000,000: 0.90%
• Over $3,000,000: 0.80%

Preservation Portfolios:

• All Values: 0.80%

The minimum quarterly fee billed will be $25.