Goldstone Financial Group (GFG) provides ongoing portfolio management services based on individual client goals, risk tolerance, and time horizon. GFG creates an Investment Policy Statement for each client. GFG may use sub-advisers or recommend third-party money managers. GFG also offers financial planning services on a one-time or hourly basis. GFG participates in wrap fee programs where one fee covers management, transaction costs, and administrative fees.
Fee Structure
Goldstone Financial Group (GFG) offers investment management services with fees based on a percentage of your portfolio's value. The fees vary depending on whether you choose a transaction-based or wrap-based account, and which custodian (Charles Schwab or Fidelity) holds your account.
For Charles Schwab accounts:
- Transaction-Based:
- First $1,000,000: 1.20% per year
- Next $1,000,000 to $3,000,000: 0.90% per year
- Over $3,000,000: 0.65% per year
- Wrap-Based:
- First $500,000: 1.50% per year
- Next $500,001 to $1,000,000: 1.20% per year
- Over $1,000,000: 0.95% per year
For Fidelity accounts (Transaction-Based only):
- First $1,000,000: 1.30% per year (GFG 1.20% + Sub-Adviser 0.10%)
- Next $1,000,000 to $3,000,000: 1.00% per year (GFG 0.90% + Sub-Adviser 0.10%)
- Over $3,000,000: 0.75% per year (GFG 0.65% + Sub-Adviser 0.10%)
Fees are negotiable and may be reduced or waived in certain instances. GFG employees and their families may receive discounted or waived fees.