Cratty & Swanson Advisors refers clients to third-party money managers (TPM) to manage client accounts. Cratty & Swanson acts as the liaison between the client and the TPM and receives referral fees from the TPM. Cratty & Swanson also offers financial planning services on an hourly basis. Seminars and workshops are held to educate the public on different types of investments and the services offered.
Fee Structure
Cratty & Swanson refers clients to Gradient Investments, LLC (GI) for investment management. GI offers various portfolios, and the fees are a percentage of the assets managed. Cratty & Swanson receives a portion of the fee. Here's a breakdown of the annual fees for different portfolio types:
- Strategic Portfolios: 2.00% (1.00% to GI, 1.00% to Cratty & Swanson)
- Tactical Portfolios: 1.80% (0.80% to GI, 1.00% to Cratty & Swanson)
- Allocation & Defined Outcome Portfolios: 1.70% (0.70% to GI, 1.00% to Cratty & Swanson)
- Preservation Portfolios: 1.00% (0.40% to GI, 0.60% to Cratty & Swanson)
- Private Wealth Portfolios: 1.50% (0.50% to GI, 1.00% to Cratty & Swanson)
- Client Directed Accounts: $300 flat fee to GI, $0 to Cratty & Swanson
A quarterly technology fee of $15 is also charged per account or investment strategy. These fees are negotiable.