Grand Street Wealth Management offers ongoing wealth management services that combine investment management and comprehensive financial planning. Grand Street Wealth Management creates a customized Investment Policy Statement for each client, outlining goals, income, tax levels, and risk tolerance, and then builds a diversified portfolio using mutual funds, individual stocks and bonds, exchange-traded funds, real estate investment trusts, and insurance products. Grand Street Wealth Management operates on a fee-only basis, legally acting in clients' best interests as a fiduciary, and has authority to make trades without asking first. In addition to ongoing wealth management, Grand Street Wealth Management offers hourly financial planning for special projects. The firm is led by Christopher Michael Robbins and is based in Ann Arbor, Michigan.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.95% |
| $1.0M - $3.0M | 0.75% |
| $3.0M - $5.0M | 0.55% |
| $5M+ | 0.35% |
Fees are negotiable depending on client needs and situation complexity. There is a minimum quarterly fee of $625.