Grenda Group LLC is a mid-sized advisory firm based in Buffalo. It manages $28.86 million of regulatory assets for 182 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida and New York.
Grenda Group provides financial planning services and portfolio management for individuals and small businesses. 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 Grenda Group LLC is $28.86 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Grenda Group LLC for their services and products based on a percentage of assets under management and fixed fees. 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, high net worth individuals, and pooled investment vehicles. The largest group of clients of Grenda Group is individuals with 176 clients and $23.28 million of assets under management. Among the 0 most similar advisory firms, Grenda Group has the 0th lowest percentage of individuals out of all clients.
The amount of regulatory assets under management is $28.86 million for 182 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Grenda Group doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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 Grenda Group LLC performs its advisory services is located at 2819 William Street, Buffalo, NY 14227, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 716-896-3232 or by fax 716-896-4029. The normal business hours are 8am-5pm on Other. You can find more information about the New York firm at grendagroup.com/.