Guggenheim Wealth Solutions participates as an investment manager in separately managed account programs typically sponsored by unaffiliated banks, broker-dealers, or registered financial advisors. Guggenheim Wealth Solutions provides discretionary investment advisory services focused primarily on fixed-income strategies, including core fixed income, total return, limited duration, and tax-exempt municipal bonds. Day-to-day investment management responsibilities are delegated to an affiliate, Guggenheim Partners Investment Management. The firm's strategies may invest in a variety of debt securities such as corporate bonds, treasuries, mortgage-backed securities, and municipal bonds. Program sponsors are generally responsible for assessing client investment objectives, determining suitable strategies, and communicating with clients, while Guggenheim Wealth Solutions manages the accounts in accordance with the chosen investment strategy. Clients should review their program sponsor's documentation to understand the specific services, roles, and wrap fee arrangements.
Fee Structure
Guggenheim Wealth Solutions charges a separate asset-based fee for investment management services provided through managed account programs. Fees are negotiated directly with the program sponsor and may vary depending on the investment strategy. In most cases, the sponsor deducts the advisory fees directly from client accounts and remits them to Guggenheim Wealth Solutions, billed on a monthly or quarterly basis.