Managed Wealth Advantage offers personalized financial planning and refers clients to Gradient Investments, LLC for investment management. Financial planning covers areas like retirement, investments, taxes, and insurance. The firm's owner is also a licensed insurance agent, which presents a conflict of interest, but clients are not obligated to purchase insurance products through him.
Fee Structure
Managed Wealth Advantage refers clients to Gradient Investments, LLC for investment management and receives a portion of the fees Gradient charges. Gradient Investments offers various portfolios, including Strategic, Tactical, Allocation & Defined Outcome, Preservation, and Private Wealth portfolios. The fees for these portfolios are a percentage of the assets managed. For Client Directed Accounts, a flat fee of $300 is charged by Gradient Investments.