Gms Group

The GMS Group, LLC is a registered investment adviser based in East Hanover, NJ, established in 2006. The firm offers discretionary portfolio management services tailored to clients' needs and investment objectives. Clients can limit discretionary authority by providing restrictions in writing. The firm may also offer non-discretionary portfolio management services, requiring client approval before transactions. The firm may use sub-advisers to manage portions of client accounts. The firm advises on various investments, including equity securities, corporate debt securities, and ETFs. As of December 31, 2022, the firm manages $132,112,103 in client assets on a discretionary basis. For portfolio management services, the firm charges up to 2% of the market value of assets under management annually. Fees are billed quarterly in advance and are negotiable based on individual circumstances. The firm may combine account values of family members to determine applicable fees. The firm deducts fees directly from client accounts with written authorization. Clients can terminate the agreement with pro-rata charges for services rendered. The firm has made material changes to its advisory services, fees, types of clients, investment research, disciplinary information, client account reviews, and compensation for client referrals. The firm has a fiduciary duty to act in clients' best interests. The firm does not accept performance-based fees or engage in side-by-side management. The firm offers services to institutional clients without a minimum account size requirement. The firm conducts fundamental analysis and offers long-term and short-term investment strategies, among others. The firm has disclosed disciplinary information related to municipal bonds and associated persons. The firm is also a registered broker-dealer, licensed insurance agency, and registered municipal advisor. The firm does not vote proxies on behalf of clients and does not have custody of client funds or securities. The firm does not have any financial impairment that would affect meeting contractual commitments.