Guidance Point Retirement Services, LLC
Assets Under Management
$62.9M
Number of Clients
6
Number of Advisors
7
Average Client AUM
$10.5M
AUM per Advisor
$9.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Guidance Point Retirement Services, LLC (GPRS) offers comprehensive investment advisory and fiduciary services to retirement plan sponsors. Services include investment consulting, participant education, fiduciary education, vendor selection, plan design, and benchmarking. GPRS serves as co-fiduciaries for all clients and creates a fiduciary governance system.
Fee Structure
The fee for a comprehensive fiduciary review is $7,500. Fees for ongoing consultant services are fixed, with a minimum annual retainer of $10,000, dependent on factors like time spent, complexity, liability, portfolio size, and meetings required. Some clients may be charged based on a percentage of assets under management, or a combination of fixed and asset-based fees. Hourly fees range from $100 to $350 per hour. Plan participants do not incur fees for advisory services covered under the agreement with the plan sponsor.
Areas of Practice
Location
136 Commercial Street, Suite 301, Portland, ME, 04101