Gross Domestic Product offers ongoing portfolio management, financial planning, concierge services, tax preparation through third parties, life and financial coaching, and estate planning assistance to individuals, high-net-worth individuals, family offices, trusts, estates, private foundations, and charitable organizations. New client relationships begin with an introductory session to understand the client's finances, values, and goals. For portfolio management, Gross Domestic Product designs custom portfolios consisting of individual stocks, bonds, exchange-traded funds, mutual funds, and real estate investment trusts based on each client's goals and risk tolerance. Financial planning involves one-on-one conversations and questionnaires to analyze net worth, cash flow, insurance, employee benefits, retirement planning, investments, college planning, and estate planning, culminating in a financial plan with general or specific recommendations. Clients have the option to participate in ongoing financial planning with regular review meetings. Concierge services cover non-investment support such as technology support, customer service help, and research. Tax preparation and coaching are provided through third-party professionals, and estate planning documents are facilitated through a third-party technology platform called Wealth.com.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1M+ | 1.00% |
The rate for the highest range achieved applies to all managed assets. Fees are negotiable based on relationship size and complexity.