Sandgrain Advisors Inc. (Garden City)


Sandgrain Advisors Inc. is a large advisory firm based in Garden City. It manages $165 million of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.

Sandgrain Advisors provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sandgrain Advisors: assets under management

The assets under management (AUM) of Sandgrain Advisors Inc. is $165 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -68% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $165 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.71 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sandgrain Advisors Inc. for their services and products based on a percentage of assets under management and commissions. 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.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Nancy Frances Chinchar Owner 1 Nov 2005 75% - 100% 2596985

Based in Garden City

The principal office where Sandgrain Advisors Inc. performs its advisory services is located at 1050 Franklin Avenue, Garden City, NY 11530, 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 516-750-7900 or by fax 516-741-5150. The normal business hours are 9-5 on Monday - Friday.