Gateway Financial & Estate Planning provides financial planning services, including risk management, investment planning, tax reduction strategies, and estate preservation. Gateway Financial also refers clients to third-party investment managers (TPMs) to manage their portfolios. Gateway Financial monitors the performance of these TPMs to ensure they align with client goals. Chad Nielsen is the owner and also works as an insurance agent and federal benefits counselor.
Fee Structure
Gateway Financial does not directly manage client investments. Instead, they refer clients to third-party managers (TPMs) like Gradient Investments and Portfolio Medics. These managers charge fees based on the amount they manage. Gateway Financial receives a portion of these fees as a referral fee.
For Gradient Investments, the annual fees are:
- Strategic Portfolios: 2.00% (1.00% to Gradient, 1.00% to Gateway)
- Tactical Portfolios: 1.80% (0.80% to Gradient, 1.00% to Gateway)
- Allocation & Defined Outcome Portfolios: 1.70% (0.70% to Gradient, 1.00% to Gateway)
- Preservation Portfolios: 1.00% (0.40% to Gradient, 0.60% to Gateway)
- Client Directed Accounts: $300 flat fee to Gradient
For Portfolio Medics, the annual fee is 2.60% (1.30% to Portfolio Medics, 1.30% to Gateway).