M.A. Global Investment Advisor (MAG) offers investment management where they suggest trades, but you approve them first. MAG also recommends third-party investment managers. MAG holds seminars to educate the public. MAG creates investment strategies based on your goals, which you can change at any time. MAG may recommend insurance products, creating a conflict of interest.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
The annual fee is negotiable. Accounts within the same household may be combined for a reduced fee. MAG also refers clients to Gradient Investments, LLC, a third-party manager, and receives a portion of their fees. Gradient Investments offers different portfolio types with varying fees, ranging from 1.00% to 2.00% annually, depending on the portfolio strategy. MAG receives 0.60% to 1.00% of the fee, and Gradient Investments receives the rest. There is also a $300 flat fee for Client Directed Accounts.