GuidePath

GuidePath lags peer asset managers in a number of stewardship qualities, resulting in a Below Average Parent Pillar rating. None of the firm’s assets are covered by an invested manager. Team members’ investments are viewed as helping to encourage long-term thinking and align portfolio manager and investor interests. A cause for concern at GuidePath is its relatively inexperienced longest-tenured management. In particular, average asset-weighted tenure at the firm is only three years, a negative contributor to the rating. GuidePath stands out in its commitment to investor values by offering its open-end and exchange-traded product lineup at a minimal cost. On average, fund fees at the firm are in the second-cheapest quintile compared with category peers.