GRIMES & COMPANY

RIASEC RegisteredEst. 2000
Total AUM
$6.3B
Discretionary
$6.1B
97% of AUM
Avg account
$640K
Accounts
9,842
Employees
69
Advisory reps
40

Firm details

Headquarters
WESTBOROUGH, Massachusetts
CRD number
109420
Registered since
January 28, 2000
Custodians
NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • HNWI77.85%
  • Individuals13.94%
  • Pension & Profit Sharing Plans3.94%
  • Charitable Organizations1.91%
  • Corporations / Businesses1.49%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Grimes & Company is an independent registered investment adviser formed in 2000 that manages assets for individuals, families and institutional clients on a percentage-of-AUM fee schedule. The firm acts as a capital allocator and provides comprehensive advisory services including financial planning, portfolio management for individuals and businesses, and the selection of third‑party managers. Grimes & Company self-identifies as an active ESG investor and maintains an industry affiliation with an insurance company. The firm received recognition in 2020, appearing among the Financial Times’ Top 300 RIA Firms and on FA Magazine’s Top RIA list.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 73%, Exchange Traded Equities 24%, Cash & Cash Equivalents 2%, Investment Grade Corp Bonds 1%73%
  • Public Funds/Mutual Funds73%
  • Exchange Traded Equities24%
  • Cash & Cash Equivalents2%
  • Investment Grade Corp Bonds1%

Owners & executives

2 of 2
  • KEVIN GRIMES

    President, Chief Investment OfficerCRD 2967732

  • MATTHEW MORSE

    Chief Investment Officer/Portfolio ManagerCRD 6644674

Contacts

3 of 38
  • Brendan Shea

    Financial AdvisorCRD 7254130

  • ADAM JACOBS

    Vice PresidentCRD 2930867

  • Justin Brown

    Regional DirectorCRD 7675100

Unlock 35 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 192

Active vs passive

$3.1B in ETFs

Passive

96%

$3B

Active

4%

$133M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE MSCI EAFE ETF (IEFA)BlackRockPassiveForeign Large Blend$324M3,578,09210.50%

Location

Primary office

WESTBOROUGH, MA

WORCESTER

Location

WESTBOROUGH, MA

Headquartered in WESTBOROUGH, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.

Metro area
Boston-Worcester-Providence, MA-RI-NH-CT
Region
Northeast
County
WORCESTER
Address
1 Technology Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth