Description of Firm
Gunderson Capital Management, Inc ("GCM"), d.b.a. Gunderson Capital, is a Charleston, South
Carolina based investment advisory firm registered as an investment adviser and is organized
under the laws of the state of South Carolina as a corporation. GCM offers customized
investment management services to individuals and high net worth individuals. GCM offers
market commentary, forecasts and analysis in Bill Gunderson’s “Best Stocks NOW! Book and
Newsletter”, to which persons may subscribe for a subscription fee. GCM also offers stock
rankings on over 3,500 stocks through the “Best Stocks NOW! App”, to which persons may
subscribe for a subscription fee.
Principal Owners
GCM is 100% owned by William Gunderson, who serves as the Firm’s President, Chief
Investment Officer.
Types of Advisory Services Offered
Each portfolio is individually tailored to meet the individual client’s long-term financial
objectives and within his or her risk tolerance based upon the information provided by the client
to GCM. GMC requires Client accounts to be held at Charles Schwab. Charles Schwab will
maintain physical custody of Client funds and securities. GCM does not act as custodian and
GCM does not have access to Client accounts except to have advisory fees deducted from
Client accounts by the custodian with prior written authorization. GCM will not assume any
responsibility for the accuracy of the information provided by the client. GCM is not obligated
to verify any information received from the client or from the client’s other professionals (e.g.,
attorney, accountant, etc.) and is expressly authorized to rely on such information. Under all
circumstances, clients are responsible for promptly notifying GCM in writing of any material
changes to the client’s investment guidelines. In the event that a client notifies GCM of
changes, GCM will review such changes and recommend any necessary revisions to the client’s
portfolio. GCM’s representatives will generally meet by telephone with clients periodically to
review the client’s investment goals and current advisory portfolios.
Advisory representatives are also available during normal business hours to consult with clients.
GCM will manage client portfolios investing in equities (stocks), warrants, corporate debt
securities, investment company securities, and mutual funds shares. Stocks and bonds may be
purchased or sold through a brokerage account when appropriate. The brokerage firm charges a
fee for securities transactions. GCM does not receive any compensation, in any form, from the
brokerage firm or fund companies.
When a client grants GCM investment discretion, GCM will have authority to determine without
specific client consent the (1) securities to be bought and sold; (2) the amount of securities to be
bought and sold; (3) the broker or dealer to be used; and (4) the commissions to be paid.
Mr. Gunderson hosts a daily radio show from 7:00am to 8:00am on the Wall Street Business
Network currently broadcast in seven states called the “Best Stocks NOW! Radio Hours in
which Mr. Gunderson provides market commentary, analysis, opinions and gives examples of
stocks to consider. GCM offers market commentary, forecasts and analysis in Mr. Gunderson’s
“Best Stocks NOW! Book and Newsletter”, to which persons may subscribe for a subscription
fee. Published on a week basis, the newsletter encompasses a variety of material-based Mr.
Gunderson’s insight derived from tracking approximately 3,600 different stocks, ETFs, and
closed-end
funds and his watching trends in commodity prices, the dollar, shifts in interest
rates, and the unfolding of international events that affect the markets. GCM also offers stock
rankings on over 3,500 stocks through the “Best Stocks NOW! App”. Neither Mr. Gunderson
nor GCM guarantees any specific outcome and any recommendations may not be suitable for
certain investors given that the radio show, newsletter and application do not take into account
any subscriber’s or listener’s particular investment objectives and financial situations.
GCM does not offer or participate in “wrap-fee” Programs.
GCM offers the same suite of services to all of its clients. However, specific client investment
strategies and their implementation are dependent upon the client Investment Policy Statement
which outlines each client’s current situation (income, tax levels, and risk tolerance levels).
Clients may impose restrictions in investing in certain securities or types of securities in
accordance with their values or beliefs. [However, if the restrictions prevent GCM from
properly servicing the client account, or if the restrictions would require GCM to deviate from
its standard suite of services, GCM reserves the right to end the relationship.]
Investment Advisory Agreements
Prior to engaging GCM to provide investment management, the client will be required to enter
into an investment management agreement with GCM setting for the terms and conditions
under which GCM shall render services. A Client may terminate the agreement at any time by
notifying GCM in writing. If the client made an advance payment, GCM will refund any
unearned portion of the advance payment in a timely manner. GCM may terminate the
investment management agreement at any time by notifying the client in writing. If the client
made an advance payment, GCM will refund any unearned portion of the advance payment in
a timely manner. GCM reserves the right to terminate any engagement where a client has
willfully concealed or has refused to provide pertinent information about financial situations
when necessary and appropriate, in GCM’s judgment, to providing proper financial advice.
Any unused portion of fees collected in advance will be refunded in a timely manner.
Neither GCM nor the client may assign the investment management agreement without the prior
written consent of the other party. Transactions that do not result in a change of actual control or
management of GCM shall not be considered an assignment.
Financial Planning
Financial plans and financial planning may include but are not limited to: investment planning;
life insurance; tax concerns; retirement planning; college planning; and debt/credit planning will
be offered to asset management clients. In offering financial planning, a conflict exists between the
interests of the investment adviser and the interests of the client. The client is under no obligation
to act upon the investment adviser's recommendation, and, if the client elects to act on any of the
recommendations, the client is under no obligation to effect the transaction through the
investment adviser.
Live Seminars
The firm travels in the areas where their radio show is broadcasted and provides seminars at no
charge.
Assets Under Management
As of December 31, 2022, the following represents the amount of client assets under
management by GCM:
Type of Account Assets Under Management
("AUM")
Discretionary $197,826,292
Non-Discretionary $ 0.00
Total: $197,826,292