Gradient Securities provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Gradient Securities reports 4,553 clients. They include 4,386 individual clients, 160 high-net-worth individuals, and 4 corporations and other businesses. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $608M across 5,848 accounts are not. It advised 251 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 96% | 75% |
| High-net-worth individuals | 4% | 24% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 4,386 | $453M | 74.5% | $103K |
| High-net-worth individuals | 160 | $148M | 24.3% | $924K |
| Pension and profit-sharing plans | 3 | $2.75M | 0.5% | $916K |
| Corporations and other businesses | 4 | $4.08M | 0.7% | $1.02M |
| Total | 4,553 | $608M | 100% | $134K |
- Clients
- 4,386
- Regulatory AUM
- $453M
- AUM share
- 74.5%
- Avg. per client
- $103K
- Clients
- 160
- Regulatory AUM
- $148M
- AUM share
- 24.3%
- Avg. per client
- $924K
- Clients
- 3
- Regulatory AUM
- $2.75M
- AUM share
- 0.5%
- Avg. per client
- $916K
- Clients
- 4
- Regulatory AUM
- $4.08M
- AUM share
- 0.7%
- Avg. per client
- $1.02M
Total
- Clients
- 4,553
- Regulatory AUM
- $608M
- AUM share
- 100%
- Avg. per client
- $134K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 251
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Gradient Securities is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Meraki Private Equity, LLC owns 75% or more of Gradient Securities and is in turn owned by Meraki Intermediate Holdings, LLC (75% or more). The leadership team of Gradient Securities includes President Robert Scott Nelson and Chief Compliance Officer Brian Andrew Remme. It has 67 employees.
Leadership
- Robert Scott NelsonPresident & Elected Manager
- Brian Andrew RemmeChief Compliance Officer
- Jamie Lee JochumFINOP
Investment adviser representatives
65 representatives listed in the SEC register as of 9 October 2026.
- Peter Frederick Acquaro
- Michael Scott Allison
- Robert Edward Allison
- Margaret Ann Barrett
- Jason Andrew Beatty
- Deborah Lynn Bishopp
- Deborah Lorraine Bluhm
- David William Brady
- Lindsay Anne Cameron
- Wendall Loyd Corley
- Armando Cunill
- Robert Dahl
- Bryon Ganus Deiss
- Craig Matthew Dickson
- Eric Jonathan Dirkes
- Larry Clifford Dogs
- Matthew Robert Engstrom
- Joshua Eric Fallenstein
- Michael James Farrington
- Ryan Vance Golinski
- Katie Michelle Grage
- Danielle Marie Gray
- Brandon Todd Green
- Michael B Haney
- Pamela Hausman
- Grace Ann Haverkamp
- Jamie Lee Jochum
- Matthew Gabe Jorgensen
- Todd William Knutsen
- Patrick Lee Kulzer
- Mitat Lika
- Edil Llanos II
- Lindsay Renee May
- David Ross McCaghren
- Michael Joseph McCullough
- Mark Allen McNamee
- Aaron Thomas Mix
- Kevin Thomas Mix
- Eric Richard Nohner
- Andrew John O'Neill
- Sean Paul Perez
- Michael Dale Potter
- J Paul Brian Prasifka
- Michael Aubrey Raitt
- Richard Scott Reid
- Alexandra Marie Richey
- Timothy Alan Rosga
- Rachel Emily Sams
- Morgan Paige Smick
- John Wilder Spears
- Roger P Tennyson
- Lindsay L Tran
- Richard-Minh Q Tran
- Jorge Alberto Trevino
- Tyler Brooks Tury
- Brandon Lee Ulmer
- Richard A Ure
- Paul Christopher Vessel
- Gregory Allen Wales
- Angelina Ruth Watkins
- Jack Garrett Welchlin
- Jamie Lawrence Wing
- Alex Wong Jr
- George Nicholas Yankoupe II
- Benjamin Joseph Zaharias
Staff
- 67 employees
- 67 in advisory functions
- 67 state-registered reps
- 65 broker-dealer reps
- 55 insurance agents
- Owns 75% or more of Gradient Securities, LLC
Meraki Private Equity, LLC
since January 2025
- Owns 75% or more of Meraki Private Equity, LLC
Meraki Intermediate Holdings, LLC
Control person · since October 2025
- Owns 75% or more of Meraki Intermediate Holdings, LLC
Meraki Holding, LLC
Control person · since October 2025
- Owns 75% or more of Meraki Holding, LLC
Lucius Family Trust
Control person · since August 2025
Tami Lucius
Trustee · Control person · since August 2025
Charles Edward Lucius
Trustee · Control person · since August 2025
Gradient Securities’ regulatory assets grew 1.9× from $325M (April 2021) to $608M (April 2026); clients rose from 2,499 to 4,553 and employees were 67 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $608M | 4,553 | 67 | 47 |
| June 2025 | $591M | 3,268 | 62 | 39 |
| April 2024 | $475M | 3,406 | 62 | 39 |
| July 2023 | $399M | 2,963 | 62 | 49 |
| March 2022 | $406M | 2,578 | 64 | 44 |
| April 2021 | $325M | 2,499 | 69 | 54 |
Besides its headquarters, Gradient Securities has 46 offices (4 private residences, listed without an address), with 22 listed addresses across 13 states.
Texas · 4 listed addresses
- 1500 Industrial BLVD, Abilene
- 1800 Preston Park BLVD, Plano
- 19115 FM 2252, San Antonio
- 721 Barbara Street, Tomball
Michigan · 3 listed addresses
- 15485 Old US Highway 27, Lansing
- 346 Wealthy St. Se, Grand Rapids
- 912 Centennial Way, Lansing
Minnesota · 3 listed addresses
- 4105 Lexington Avenue N, Suite 380, Arden HillsHQ
- 924 Inwood Avenue N, Oakdale
- 2564 Rice Street, St. Paul
California · 2 listed addresses
- 895 Dove St, Newport Beach
- 1776 W. Park Ave, Redlands
Ohio · 2 listed addresses
- 2209 Fulton RD. NW, Canton
- 6479 Reflections Drive, Dublin
Arizona · 1 listed address
- 428 S. Gilbert RD, Gilbert
Florida · 1 listed address
- 6322 Rowan RD, New Port Richey
Georgia · 1 listed address
- 211 Prime Point, Peachtree City
Maine · 1 listed address
- 240 Russell Street, Lewiston
New York · 1 listed address
- 751 Coates Ave, Holbrook
Pennsylvania · 1 listed address
- 119 West Packer Ave, Sayre
South Carolina · 1 listed address
- 1212 Haywood Road BLDG 300, Greenville
Wisconsin · 1 listed address
- N6409 County Road P, Mayville
Contact and registration details
- Legal name
- Gradient Securities, LLC
- Headquarters
- 4105 Lexington Avenue N, Suite 380, Arden Hills, MN 55126
- Website
- gradientfinancialgroup.com
- Phone
- 866-991-1539
- SEC file
- 801-80807
- Structure
- Delaware LLC
- Fiscal year end
- December
Gradient Securities uses SEI Private Trust ($264M, 46%), Charles Schwab ($111M, 19%) and Folio Investments ($101M, 18%), among others, as custodians for its separately managed accounts. Gradient Securities does not have custody of client assets.
- RBC Capital MarketsRBC Capital Markets, LLC · Minneapolis, MN · $100M17%
- Folio InvestmentsFolio Investments, Inc. · McLean, VA · $101M18%
- SEI Private TrustSEI Private Trust Company · Oaks, PA · $264M46%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $111M19%
At year end, Gradient Securities’ separately managed accounts were mostly in funds (69%) and stocks (19%).
What the accounts hold
- Stocks19%
- Funds69%
- Bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash10%
How many clients does Gradient Securities have?
Gradient Securities has 4,553 clients and manages $608 million for them, as of April 2026. They include 4,386 individual clients, 160 high-net-worth individuals, and 4 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 April 2026
What services does Gradient Securities offer?
Gradient Securities provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Gradient Securities use?
Gradient Securities’ separately managed account assets are held at SEI Private Trust Company (Oaks, PA), with $264M, Charles Schwab & Co., Inc. (Westlake, TX), with $111M, Folio Investments, Inc. (McLean, VA), with $101M and RBC Capital Markets, LLC (Minneapolis, MN), with $100M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 April 2026
How many financial advisors does Gradient Securities have?
Gradient Securities has 67 investment adviser representatives registered with state securities authorities, out of 67 employees, and 67 perform investment advisory functions. 65 employees are registered representatives of a broker-dealer and 55 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Gradient Securities invest in?
At the end of its last fiscal year, Gradient Securities’ separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 10% cash and equivalents, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Gradient Securities?
Gradient Securities’ direct owner is Meraki Private Equity, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 April 2026
How does Gradient Securities get paid?
Gradient Securities is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Gradient Securities?
Gradient Securities’ main office is at 4105 Lexington Avenue N, Suite 380, Arden Hills, MN 55126. Its phone number is 866-991-1539. Its website is gradientfinancialgroup.com.