Gross Domestic Product provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 26–50 clients last fiscal year.
Gross Domestic Product reports 69 clients. They include 39 high-net-worth individuals, 26 individual clients, and 3 corporations and other businesses. Of its assets, 100.0% ($139M across 233 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 38% | 7% |
| High-net-worth individuals | 57% | 87% |
| Charitable organizations | 1% | 1% |
| Corporations and other businesses | 4% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 26 | $9.2M | 6.6% | $354K |
| High-net-worth individuals | 39 | $122M | 87.2% | $3.12M |
| Charitable organizations | Fewer than 5 | $1.69M | 1.2% | $1.69M |
| Corporations and other businesses | Fewer than 5 | $6.95M | 5.0% | $2.32M |
| Total | 69 | $139M | 100% | — |
- Clients
- 26
- Regulatory AUM
- $9.2M
- AUM share
- 6.6%
- Avg. per client
- $354K
- Clients
- 39
- Regulatory AUM
- $122M
- AUM share
- 87.2%
- Avg. per client
- $3.12M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.69M
- AUM share
- 1.2%
- Avg. per client
- $1.69M
- Clients
- Fewer than 5
- Regulatory AUM
- $6.95M
- AUM share
- 5.0%
- Avg. per client
- $2.32M
Total
- Clients
- 69
- Regulatory AUM
- $139M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Gross Domestic Product charges 1.00%–1.50% a year for its Portfolio management services. The whole portfolio is charged at the rate of its band. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.50% |
| $500K–$1M | 1.25% |
| $1M and above | 1.00% |
Fee details and sources
Other fees
- Concierge services
- Minimum fixed fee of $3,000, or an hourly fee of $250 to $350, per the concierge services agreement.
- Financial planning
- Minimum fixed fee of $3,000 depending on plan complexity, or an hourly fee of $250 to $350; ongoing fixed fees billed quarterly in advance.
Scott Bell owns 75% or more of Gross Domestic Product. The leadership team of Gross Domestic Product includes Chief Compliance Officer Sonia Goforth. It has 2 employees, 1 of them in advisory roles.
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Gross Domestic Product, Inc
Scott Bell
Control person · since June 2008
Gross Domestic Product’s regulatory assets grew from $120M (July 2025) to $139M (March 2026); clients were 69 in both filings and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $139M | 69 | 2 | 1 |
| Jul 2025July 2025 | $120M | 67 | 2 | 1 |
Besides its headquarters, Gross Domestic Product has 0 offices, with 1 listed address with no US state reported.
Other business names
Gross Domestic Product has reported 2 other business names to the SEC.
- GDP Wealth
- GDP, Inc.
Contact and registration details
- Legal name
- Gross Domestic Product, Inc
- Headquarters
- Not reported
- Website
- gdpinc.com
- Phone
- 310-341-2890
- @gross-domestic-product-inc.
- SEC file
- 801-133969
- Structure
- California corporation
- Fiscal year end
- December
Gross Domestic Product’s named custodian for separately managed accounts is Charles Schwab ($139M). Gross Domestic Product has custody of $38.4M for 39 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $139M100%
At year end, Gross Domestic Product’s separately managed accounts were mostly in funds (52%) and stocks (44%).
What the accounts hold
- Stocks44%
- Funds52%
- Cash3%
- Other1%
- Us state/local bonds, annuity, client calls1%
How many clients does Gross Domestic Product have?
Gross Domestic Product has 69 clients and manages $139 million for them, as of March 2026. They include 39 high-net-worth individuals, 26 individual clients, and 3 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Gross Domestic Product offer?
Gross Domestic Product provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Gross Domestic Product charge?
Gross Domestic Product charges 1.00%–1.50% a year for its Portfolio management services. The whole portfolio is charged at the rate of its band. The fee is billed in advance or in arrears and is negotiable.
Source: GDP - FORM ADV PART 2A: FIRM BROCHURE, filed 19 March 2026
Which custodians does Gross Domestic Product use?
Gross Domestic Product’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $139M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Gross Domestic Product have?
Gross Domestic Product has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Gross Domestic Product invest in?
At the end of its last fiscal year, Gross Domestic Product’s separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 44% exchange-traded equities, 3% cash and equivalents and 1% other. The 1% other category is described as: US State/Local Bonds, Annuity, Client Calls.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Gross Domestic Product?
Gross Domestic Product’s direct owner is Scott Bell (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Gross Domestic Product get paid?
Gross Domestic Product is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Gross Domestic Product?
Its phone number is 310-341-2890. Its website is gdpinc.com.
