Colton Groome Financial Advisors, LLC

RIASEC RegisteredEst. 2018
Total AUM
$725M
Discretionary
$707M
98% of AUM
Avg account
$661K
Accounts
1,096
Employees
16
Advisory reps
11

Firm details

Headquarters
Asheville, North Carolina
CRD number
128365
Registered since
May 23, 2018
Website
coltongroome.com
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Fixed Fees, Other
Client types
  • HNWI84.17%
  • Individuals6.3%
  • Charitable Organizations4.87%
  • Pension & Profit Sharing Plans3.87%
  • Corporations / Businesses0.79%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Colton Groome Financial Advisors, LLC is an SEC-registered independent registered investment adviser (registered in 2018) that serves individuals, families and institutional clients. The firm operates as a capital allocator and provides financial planning, portfolio management for individuals, small businesses and institutions, and the selection of third‑party advisers. Its fee arrangements include percentage-of-AUM billing, fixed fees and other structures. The firm reports an industry affiliation with an insurance company and does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 52%, Cash & Cash Equivalents 16%, US Government Bonds 15%, Exchange Traded Equities 10%, State & Local Bonds 4%, Investment Grade Corp Bonds 2%, Private Funds 1%52%
  • Public Funds/Mutual Funds52%
  • Cash & Cash Equivalents16%
  • US Government Bonds15%
  • Exchange Traded Equities10%
  • State & Local Bonds4%

Owners & executives

3 of 3
  • Matthew Groome

    Matthew Groome

    Co-ceoCRD 5693511

  • Taylor Poteat

    Taylor Poteat

    Chief Operating Officer & Chief Compliance OfficerCRD 6700216

  • George Groome

    George Groome

    Co-CEO & Director of Insurance StrategiesCRD 4747797

Contacts

3 of 8
  • David Nelson

    David Nelson

    Director of Retirement PlansCRD 4008051

  • Stacey Anderson

    Stacey Anderson

    Retirement Plan AdvisorCRD 6200683

  • Matthew Donohue

    Matthew Donohue

    Manager of Trading & Investment ResearchCRD 6602240

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Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 144

Active vs passive

$460M in ETFs

Passive

97%

$445M

Active

1%

$15.2M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$70.7M94,43015.38%
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Location

Primary office

Asheville, NC

Buncombe

Location

Asheville, NC

Headquartered in Asheville, NC, anchoring the Asheville-Marion-Brevard, NC metro in the South.

Metro area
Asheville-Marion-Brevard, NC
Region
South
County
Buncombe
Address
1127 B Hendersonville Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth