Grove Street Fiduciary, LLC is a large advisory firm based in Peterborough. It manages $249.58 million of regulatory assets for 290 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, Maine, Massachusetts, and 3 other states.
Grove Street Fiduciary provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Grove Street Fiduciary, LLC is $249.58 million. The firm's AUM has grown by 40% 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 Grove Street Fiduciary, LLC for their services and products based on a percentage of assets under management, hourly charges, 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, charitable organizations, and high net worth individuals. The largest group of clients of Grove Street Fiduciary is high net worth individuals with 95 clients and $182.65 million of assets under management. Among the 12 most similar advisory firms, Grove Street Fiduciary has the 6th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $249.58 million for 245 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.
Grove Street Fiduciary doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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 Grove Street Fiduciary, LLC performs its advisory services is located at 20 Grove Street, Peterborough, NH 03458 0396 The mailing address of the firm is P. O. Box 396, Peterborough, NH 03458 0396. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 603-924-9939 or by fax 603-924-9938. The normal business hours are by appointment only on Other. You can find more information about the New York firm at grovestreetfiduciary.com.