{"url":"https://nivawealth.com/firms/gross-domestic-product-147588","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/147588","regulatoryAum":139443481,"crd":"147588","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4298614","suffix":null,"lastName":"BELL","firstName":"SCOTT","middleName":"ANDREW"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-07-31","regulatoryAum":119695379,"clients":67,"employees":2,"offices":1},{"filedOn":"2026-03-26","regulatoryAum":139443481,"clients":69,"employees":2,"offices":1}],"secFileNumber":"801-133969","legalName":"Gross Domestic Product, Inc","displayName":"Gross Domestic Product","slug":"gross-domestic-product-147588","website":"https://gdpinc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/gross-domestic-product-inc./","founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":["GDP Wealth","GDP, Inc."],"registration":{"secApproved":"28 July 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2012416.5076923077,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":139443481,"discretionary":139443481,"discretionaryAccounts":233,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":26,"regulatoryAum":9202103},{"label":"High-net-worth individuals","clients":39,"regulatoryAum":121604970},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":1689369},{"label":"Corporations and other businesses","clients":3,"fewerThan5":true,"regulatoryAum":6947039}],"feePrograms":[{"role":"main","program":"Portfolio management services","feeBasis":"whole_balance","fee_tiers":[{"to":500000,"pct":1.5,"from":0},{"to":1000000,"pct":1.25,"from":500000},{"to":null,"pct":1,"from":1000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021814","versionId":1021814,"ratePeriod":"annual","fee_billing":"both","submittedOn":"2026-03-19","documentName":"GDP - FORM ADV PART 2A: FIRM BROCHURE","fee_rate_low":1,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Concierge services","summary":"Minimum fixed fee of $3,000, or an hourly fee of $250 to $350, per the concierge services agreement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021814","versionId":1021814,"submittedOn":"2026-03-19","documentName":"GDP - FORM ADV PART 2A: FIRM BROCHURE"},{"role":"other","program":"Financial planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021814","versionId":1021814,"submittedOn":"2026-03-19","documentName":"GDP - FORM ADV PART 2A: FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:47:11.812532+00:00","documents":[{"name":"GDP - FORM ADV PART 2A: FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021814","versionId":1021814,"submittedOn":"2026-03-19"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":139443481}],"custodyNote":"Gross Domestic Product has custody of $38.4M for 39 clients.","otherCustodians":[],"leadership":[{"name":"Sonia Goforth","title":"Chief Compliance Officer","crd":"2544170"},{"name":"Scott Bell","title":"Managing Member","crd":"4298614"}],"ownership":[{"label":"Scott Bell","detail":"Managing member in the 75% or more ownership band and a control person, since June 2008."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"310-341-2890","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Other"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":44},{"label":"Securities issued by registered investment companies or business development companies","percent":52},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":1,"detail":"US State/Local Bonds, Annuity, Client Calls"}],"privateFunds":0},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/147588/PDF/147588.pdf","brochureDate":"19 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021814","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Gross Domestic Product have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Gross Domestic Product offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Gross Domestic Product charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Gross Domestic Product use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Gross Domestic Product have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Gross Domestic Product invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Gross Domestic Product?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Gross Domestic Product get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Gross Domestic Product?","answer":"Its phone number is 310-341-2890. Its website is gdpinc.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 March 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."}