Granite Securities, LLC (Woodbury)

Name: Granite Securities, LLC
Address: 1000 Woodbury Road, Woodbury, NY, 11797
Telephone: 516-422-6000

Granite Securities, LLC is a large advisory firm based in Woodbury. It manages $28 million of regulatory assets for 202 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Florida, Massachusetts, and 5 other states.

Granite Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Granite Securities: assets under management

The assets under management (AUM) of Granite Securities, LLC is $28 million. The company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Granite Securities, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Granite Securities, LLC

Upinder Kumar Sharma has been acting as President since 1 May 2008. Philip Dina joined the executive team most recently as the Chief Compliance Officer/ Crop/Srop/Msrb Princ..

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Raymond James Sr. Duffy	Member	1 Apr 2000	Other	4327285
James Raymond Jr Duffy	Sr.vice president/secretary	1 Apr 2000	Other	2857463
Llc The Granite Financial	Shareholder	1 Apr 2000	75% - 100%	11-3537966
Douglas Anthony Didominica	President, ceo	1 Apr 2002	Other	2801817
Douglas Anthony Didominica	Financial operations principal	1 Sep 2002	Other	2801817
Sean Michael Duffy	Vice president	1 Sep 2004	Other	4861881
Sean Michael Duffy	Chief compliance officer	1 Aug 2006	Other	4861881
Sean Michael Duffy	Municipal securities principal	1 Feb 2007	Other	4861881
Upinder Kumar Sharma	President	1 May 2008	Other	2903850
Gary Robert Purwin	Finop	1 May 2008	Other	2545792
Philip Dina	Chief compliance officer/ crop/srop/msrb princ.	1 May 2208	Other	1368917

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Anthony Didominica	Shareholder	1 Apr 2000	25% - 50%	2801817
James Raymond Sr Duffy	Shareholder	1 Apr 2000	25% - 50%	xxx-xx-xxxx

Based in Woodbury

The principal office where Granite Securities, LLC performs its advisory services is located at 1000 Woodbury Road, Woodbury, NY 11797, 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 516-422-6000 or by fax 516-422-6001. The normal business hours are 9am to 5 pm on Monday - Friday. You can find more information about the New York firm at www.thegranite.com.