# Gradient Wealth Management

> Gradient Wealth Management is an SEC-registered investment advisory firm in Arden Hills, MN, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 13, 2026.

- CRD: 127701
- Filed as: GRADIENT WEALTH MANAGEMENT
- Legal name: Gradient Securities, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Arden Hills, MN
- Filing period: October 2026
- Form ADV filing dated: April 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/127701
- AdvisorCensus page: https://advisorcensus.com/firm/gradient-wealth-management-arden-hills-mn-127701

## Quick answers

**How is Gradient Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), Gradient Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**Where is Gradient Wealth Management located?**
Gradient Wealth Management's principal office is in Arden Hills, MN, according to its Form ADV; the May 2026 filing also lists 20 other offices (Schedule D, Section 1.F).

**Is Gradient Wealth Management registered with the SEC or a state?**
Gradient Wealth Management is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 127701.

**How much does Gradient Wealth Management manage?**
Gradient Wealth Management reports $607,877,168 in regulatory assets under management in its Form ADV filing dated April 13, 2026 (0% discretionary).

**How have Gradient Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Gradient Wealth Management: Regulatory assets under management: $325,308,125 in the October 2021 data and $607,877,168 in the October 2026 data, up 87%. Total employees: 69 in October 2021 and 67 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Gradient Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4,386); high net worth individuals (160); corporations or other businesses not listed above (4).

**Which custodians does Gradient Wealth Management use?**
Gradient Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Goldman Sachs Custody Solutions, RBC Capital Markets, LLC and SEI Private Trust Company as custodians holding 10% or more of its separately managed account assets.

**Does Gradient Wealth Management report any disciplinary disclosures?**
Reports 8 disclosure items on Form ADV Item 11: yes answers to 1 question about criminal matters and 7 questions about regulatory matters (11.A(2), 11.D(1), 11.D(2), 11.D(3), 11.D(4), 11.D(5), 11.E(2), 11.E(4)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/127701

**Does Gradient Wealth Management state an account minimum?**
Its Form ADV Part 2A brochure dated April 13, 2026 says: "GWM does not require a minimum to open an account. Some TPMs that GWM refers Clients to may have account minimums."

**What changed in Gradient Wealth Management's recent Form ADV filings?**
In the April 2026 filing data: Item 11 disclosure answers changed: 8 yes answers, previously 6 (now yes: 11.D(1), 11.D(5)). Employees performing advisory functions went from 62 to 67. Added an office in Lansing, MI. No longer lists an office in Grand Ledge, MI. No longer lists an office in Greenfield, MA. No longer lists an office in Mishawaka, IN. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated April 13, 2026)

- Account minimum: None

> GWM does not require a minimum to open an account. Some TPMs that GWM refers Clients to may have account minimums.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Goldman Sachs Custody Solutions
- RBC Capital Markets, LLC
- SEI Private Trust Company

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $607,877,168
- Discretionary: $0
- Non-discretionary: $607,877,168

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4,386 | $453,134,509 |
| High net worth individuals | 160 | $147,915,928 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $2,746,909 |
| Corporations or other businesses not listed above | 4 | $4,079,822 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 67 total, 67 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 8 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.A(2): In the past ten years, has the firm or an advisory affiliate been charged with a felony?
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(3): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/127701

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Abilene, TX
- Canton, OH
- Dublin, OH
- Gilbert, AZ
- Grand Rapids, MI
- Greenville, SC
- Holbrook, NY
- Lansing, MI
- Lewiston, ME
- Mayville, WI
- New Port Richey, FL
- Newport Beach, CA
- Oakdale, MN
- Peachtree City, GA
- Plano, TX
- Redlands, CA
- San Antonio, TX
- Sayre, PA
- St. Paul, MN
- Tomball, TX

### Websites listed on Form ADV (Item 1.I)
- gradientfinancialgroup.com
- gradientsecurities.com
- thefinancialhq.com/COMRASECURITIES
- Facebook @GRADIENTSECURITIES

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $325,308,125 | 69 | April 16, 2021 |
| October 2022 | $406,076,825 | 64 | March 28, 2022 |
| October 2023 | $399,405,692 | 62 | August 10, 2023 |
| October 2024 | $475,170,843 | 62 | April 5, 2024 |
| October 2025 | $591,069,287 | 62 | June 18, 2025 |
| October 2026 | $607,877,168 | 67 | April 13, 2026 |

Regulatory assets under management: $325,308,125 in the October 2021 data and $607,877,168 in the October 2026 data, up 87%.
Total employees: 69 in October 2021 and 67 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 8 yes answers, previously 6 (now yes: 11.D(1), 11.D(5)).
- Employees performing advisory functions went from 62 to 67.
- Added an office in Lansing, MI.
- No longer lists an office in Grand Ledge, MI.
- No longer lists an office in Greenfield, MA.
- No longer lists an office in Mishawaka, IN.
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Gradient Wealth Management (CRD 127701): Form ADV filing data as of October 2026.