Guggenheim Wealth Solutions (GWS) manages investments for individual clients through managed account programs sponsored by banks, broker-dealers, and other financial advisors. GWS manages client accounts based on selected investment strategies, and may delegate some responsibilities to its affiliate, Guggenheim Partners Investment Management (GPIM). The sponsor helps clients choose suitable investments, while GWS focuses on managing the investments.
Fee Structure
Guggenheim Wealth Solutions manages investments through managed account programs, charging a fee based on the amount invested. This fee is negotiated with the program's sponsor and may vary depending on the investment strategy. Clients pay for investment management services, typically through deductions from their accounts by the sponsor, who then remits the fees to Guggenheim Wealth Solutions. The specific fee structure is detailed in the sponsor's brochure and account documentation.