Grand Wealth Management is an independent registered investment advisor founded in 2004 and based in Grand Rapids, Michigan. The firm provides wealth management, portfolio management, institutional investment management, retirement plan consulting, and standalone financial planning. Grand Wealth Management combines discretionary investment management with personalized financial planning to help clients achieve their long-term goals. The firm relies on Modern Portfolio Theory and typically invests client portfolios in low-cost, globally diversified mutual funds and exchange-traded funds, such as those from Dimensional Fund Advisors and Vanguard. Grand Wealth Management operates as a fee-only firm, meaning compensation comes solely from client fees without commissions or product sales, and the firm acts as a fiduciary legally required to act in the best interest of clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $4.0M | 0.80% |
| $4.0M - $6.0M | 0.60% |
| $6.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.40% |
| $25M+ | 0.30% |
Wealth management is designed for portfolios of $2 million or more and is subject to a $2,500 minimum quarterly fee ($10,000 annually). Emerging clients may have a reduced quarterly minimum of $1,875. Standalone portfolio management for smaller accounts is charged at a flat 1.00% with a $1,250 quarterly minimum. Fees are negotiable.