How does the advisor help clients – Key Takeaways:
CGM Investment Management is a financial advisory firm dedicated to helping clients make informed investment decisions and achieve their financial goals. Through their comprehensive services and expert guidance, clients are able to navigate the complex world of investing with confidence and peace of mind.
Facts and Insights
Founded in 1983, CGM Investment Management has been in business for over 35 years, providing top-notch financial services to its clients. The firm is led by a team of experienced professionals who have a deep understanding of the financial industry and a proven track record of success.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 10 | Over 35 years |
Financial Services Offered
CGM Investment Management offers a wide range of financial services to meet the diverse needs of its clients. These services include:
- Investment management
- Financial planning
- Retirement planning
- Estate planning
- Tax planning
Client Types
CGM Investment Management works with a variety of clients, including:
- High net worth individuals
- Families
- Business owners
- Retirees
- Non-profit organizations
Fees & Compensation
CGM Investment Management operates on a fee-only basis, meaning that they do not receive any commissions or other forms of compensation for recommending certain investments. This ensures that the firm’s interests are aligned with those of their clients, as their main source of income is based on the performance of their clients’ portfolios.
The fees for the firm’s services are based on a percentage of assets under management, with rates varying depending on the size of the portfolio. This fee structure allows clients to easily understand and compare the cost of services, and encourages the firm to strive for the best results for their clients.
Background
The team at CGM Investment Management has a diverse background, with members who have expertise in different areas of the financial industry. Through their combined knowledge and experience, they are able to provide clients with well-rounded and comprehensive financial advice.
Financial Advisor Disclosures to Know
As a registered investment advisor, CGM Investment Management is held to a fiduciary standard, which means they are legally obligated to always act in the best interest of their clients. This ensures that clients can trust that their advisor is always working with their best interests in mind.
Additionally, the firm has a clean regulatory record and no disciplinary actions or sanctions on record. This provides clients with peace of mind knowing that their advisor has a track record of ethical and responsible behavior.