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