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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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Gradient Securities offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Gradient Securities use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Gradient Securities have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Gradient Securities invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Gradient Securities?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Gradient Securities get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Gradient Securities?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 13 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}