Groton Asset Management LLC (New York)

Groton Asset Management LLC is a large advisory firm based in New York. It manages $38.5 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

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

Groton Asset Management: assets under management

The assets under management (AUM) of Groton Asset Management LLC is $38.5 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $500 thousand in discretionary accounts and $38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $500 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.6 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Groton Asset Management LLC for their services and products based on a percentage of assets under management. 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.

Careers at Groton Asset Management LLC

Jeremy Hugh Griffiths joined the executive team most recently as the Manager, Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Groton Partners Llc	Member	1 Nov 2005	75% - 100%	02-0656362
Jeremy Hugh Griffiths	Chief financial & chief operating officer	1 Nov 2005	Other	2976727
Walter Clark Teagle	Chief executive officer	1 Nov 2005	Other	2098696
Noah Franzblau	Chief compliance officer	1 Nov 2005	Other	5076933

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Luis Emilio Rinaldini	Member	1 Nov 2002	75% - 100%	1458305
Jeremy Hugh Griffiths	Manager, chief financial officer	1 Jan 2006	Other	2976727
John Macaskill	Manager, chief operating officer	1 Jan 2006	Other	2110353
Walter Clark Teagle	Manager	1 Jan 2006	Other	2098696
Joseph T Yurcik	Manager	1 Jan 2006	Other	2458929
Jesse Robert Lovejoy	Manager	1 Jan 2006	Other	1315015
Noah Franzblau	Chief legal and administrative officer & secretary	1 Jan 2006	Other	5076933

Based in New York

The principal office where Groton Asset Management LLC performs its advisory services is located at 640 Fifth Avenue Suite 1700, New York, NY 10019, 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 212-430-1800 or by fax 212-430-1810. The normal business hours are 8 a.m. to 6 p.m. on Monday - Friday.