Vivid Wealth Management refers clients to third-party investment managers. Vivid gathers information about your financial situation and objectives and then recommends a suitable third-party manager. Vivid monitors the third-party manager's performance to ensure it aligns with your investment goals. Vivid receives referral fees from the third-party managers.
Fee Structure
Vivid Wealth Management refers clients to Gradient Investments, LLC, a third-party investment manager. Gradient Investments offers various actively managed portfolios. Vivid receives a portion of the fees charged by Gradient Investments. The total annual fee ranges from 1.00% to 2.00% of your portfolio, depending on the portfolio type. Vivid's portion is 0.60% to 1.00%. A $15 quarterly service fee is also charged. These fees are negotiable.