Grant/Grossmendelsohn, LLC is a large advisory firm based in Baltimore. It manages $324.45 million of regulatory assets for 473 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Florida, and 3 other states.
Grant/Grossmendelsohn provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Grant/Grossmendelsohn, LLC is $324.45 million. The firm's AUM has grown by 754% since the beginning of its operation, and $1.24 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Grant/Grossmendelsohn, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Grant/Grossmendelsohn is high net worth individuals with 80 clients and $264.6 million of assets under management. Among the 9 most similar advisory firms, Grant/Grossmendelsohn has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $324.45 million for 203 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Grant/Grossmendelsohn doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Grant/Grossmendelsohn, LLC performs its advisory services is located at 1801 Porter Street, Baltimore, MD 21230, which is also the mailing address of the firm. An additional office of the firm is in Fairfax, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 410-685-9685 or by fax 410-752-1148. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at ggmwealthadvisors.com.