{
  "crd_number": 147588,
  "slug": "gross-domestic-product-inc-los-angeles-ca-147588",
  "primary_business_name": "GROSS DOMESTIC PRODUCT, INC",
  "legal_name": "GROSS DOMESTIC PRODUCT, INC",
  "dbas": [
    "GDP WEALTH",
    "GDP, INC."
  ],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-07-28",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 139443481.0,
  "raum_discretionary": 139443481.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1689369.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 9202103.0,
      "count": 26
    },
    "high_net_worth_individuals": {
      "raum": 121604970.0,
      "count": 39
    },
    "corporations_other_businesses": {
      "raum": 6947039.0,
      "count": 3,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "TX",
    "WA"
  ],
  "websites": [
    "https://facebook.com/pages/category/Community/Gross-Domestic-Product-10378424309728",
    "https://gdpinc.com",
    "https://linkedin.com/company/gross-domestic-product-inc."
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/147588",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/gross-domestic-product-inc-los-angeles-ca-147588",
  "display_name": "Gross Domestic Product, Inc",
  "summary": "Gross Domestic Product, Inc is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Gross Domestic Product, Inc (CRD 147588): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Gross Domestic Product, Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Gross Domestic Product, Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Gross Domestic Product, Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 states: Flat fee: $3,000 (initial financial planning services or otherwise for financial planning…); Hourly rate: $250 to $350 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Gross Domestic Product, Inc located?",
      "a": "Gross Domestic Product, Inc's principal office is in Los Angeles, CA, according to its Form ADV."
    },
    {
      "q": "Is Gross Domestic Product, Inc registered with the SEC or a state?",
      "a": "Gross Domestic Product, Inc is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 147588."
    },
    {
      "q": "How much does Gross Domestic Product, Inc manage?",
      "a": "Gross Domestic Product, Inc reports $139,443,481 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Gross Domestic Product, Inc's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Gross Domestic Product, Inc: Regulatory assets under management: $119,695,379 in the October 2025 data and $139,443,481 in the October 2026 data, up 16%. Total employees: 2 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Gross Domestic Product, Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (39); individuals (other than high net worth individuals) (26); corporations or other businesses not listed above (3)."
    },
    {
      "q": "Which custodians does Gross Domestic Product, Inc use?",
      "a": "Gross Domestic Product, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Gross Domestic Product, Inc report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/147588"
    },
    {
      "q": "Does Gross Domestic Product, Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 says: \"GDP, inc. does not impose a minimum initial investment for portfolio ma nagement services or a minimum fee for financial planning services.\""
    },
    {
      "q": "What changed in Gross Domestic Product, Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $119,695,379 to $139,443,481 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 119695379.0,
      "total_employees": 2,
      "filing_date": "2025-07-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 139443481.0,
      "total_employees": 2,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $119,695,379 to $139,443,481 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 19, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $3,000 (initial financial planning services or otherwise for financial planning…)",
      "Hourly rate: $250 to $350 an hour (financial planning services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "GDP, inc. does not impose a minimum initial investment for portfolio ma nagement services or a minimum fee for financial planning services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $3,000 (initial financial planning services or otherwise for financial planning…)"
        ],
        "quotes": [
          "Clients that are receiving financial planning services are charged a minimum fixed fee of $3,000 for initial financial planning services or otherwise for financial planning services completed upon the delivery of the financial plan to the client."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $250 to $350 an hour (financial planning services)"
        ],
        "quotes": [
          "In the alternative clients that are receiving financial planning services may be charged an hourly fee rate between $250 to $350."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": 3000.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "initial financial planning services or otherwise for financial planning services completed upon the delivery of the fina"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 250.0,
          "max": 350.0,
          "period": "hour",
          "service": "financial planning services"
        }
      ]
    },
    "quotes": [
      "GDP, inc. does not impose a minimum initial investment for portfolio ma nagement services or a minimum fee for financial planning services.",
      "Clients that are receiving financial planning services are charged a minimum fixed fee of $3,000 for initial financial planning services or otherwise for financial planning services completed upon the delivery of the financial plan to the client.",
      "In the alternative clients that are receiving financial planning services may be charged an hourly fee rate between $250 to $350."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/gross-domestic-product-inc-los-angeles-ca-147588.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 26,
      "fewer_than_5": false,
      "raum": 9202103.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 39,
      "fewer_than_5": false,
      "raum": 121604970.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 1689369.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 3,
      "fewer_than_5": true,
      "raum": 6947039.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/147588",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}