Prosperity Asset Management works with Gradient Investments, LLC to provide investment portfolio advice. Prosperity helps clients choose suitable investment models based on their goals and risk tolerance. Prosperity also offers financial planning services covering wills, estate planning, investments, Social Security, taxes, and insurance. Seminars and workshops are offered to educate the public on investments.
Fee Structure
Prosperity Asset Management works with Gradient Investments, LLC to manage your investments. The annual fee is a percentage of your portfolio, split between Gradient Investments and Prosperity. Here's a breakdown of the annual fees for different portfolio types:
- Strategic Portfolios: 2.00% total (1.00% to Gradient Investments, 1.00% to Prosperity)
- Tactical Portfolios: 1.80% total (0.80% to Gradient Investments, 1.00% to Prosperity). Note that Gradient Investments receives an additional 0.20% from the ETF.
- Allocation & Defined Outcome Portfolios: 1.70% total (0.70% to Gradient Investments, 1.00% to Prosperity)
- Preservation Portfolios: 1.00% total (0.40% to Gradient Investments, 0.60% to Prosperity)
- Private Wealth Portfolios: 1.50% total (0.50% to Gradient Investments, 1.00% to Prosperity)
For Client Directed Accounts, a flat annual fee of $300 is charged, all of which goes to Gradient Investments. Prosperity receives $0. A $15 quarterly service fee is also charged per account for performance and other reporting.