Granger Management LLC is a large advisory firm based in New York. It manages $697.77 million of regulatory assets for 82 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.
Granger Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. 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 Granger Management LLC is $697.77 million. The firm's AUM has grown by 565% since the beginning of its operation, and $31.68 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Granger Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Granger Management is high net worth individuals with 12 clients and $514.03 million of assets under management. Among the 8 most similar advisory firms, Granger Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $697.77 million for 17 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 6% of the firm’s clients are foreign persons or businesses.
Granger Management also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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 Granger Management LLC performs its advisory services is located at 17 State Street, New York, NY 10004, 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 (212) 658-0400 or by fax (212) 658-0401. The normal business hours are 9:00am to 5:00pm on Monday - Friday.