Grunden Financial Advisory, Inc. is a large advisory firm based in Denton. It manages $199.22 million of regulatory assets for 856 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, Louisiana, and Texas.
Grunden Financial Advisory provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Grunden Financial Advisory, Inc. is $199.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 202% 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 Grunden Financial Advisory, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Grunden Financial Advisory is high net worth individuals with 59 clients and $154.46 million of assets under management. Among the 9 most similar advisory firms, Grunden Financial Advisory has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $199.22 million for 186 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.
Grunden Financial Advisory doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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 Grunden Financial Advisory, Inc. performs its advisory services is located at 515 South Carroll Blvd, Denton, TX 76201 The mailing address of the firm is 515 South Carroll Blvd, Denton, TX 76201. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 940-591-9007 or by fax 940-323-1166. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at grunden.com.