Grove Wealth Management, LLC
Firm details
- Headquarters
- Miami, Florida
- CRD number
- 281917
- Website
- grovewm.com
- Custodians
- INTERACTIVE BROKERS LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Performance Based Fees, Other
- Client types
- HNWI63.9%
- Individuals29.94%
- Corporations / Businesses6.16%
- Services
- Portfolio Management for Individuals
Firm profile
FINTRXOverview
Grove Wealth Management, LLC operates as an independent registered investment adviser organized as an LLC and owned by an individual. The firm advises both individual/family clients and institutional accounts, focusing on portfolio management for individuals and small businesses. Its fee arrangements are varied — percentage of AUM, hourly charges, and performance-based components are all used — and it does not self-identify as a capital allocator or active ESG investor. Grove is not a multi-state adviser, is not a pension consultant, and does not appear to operate as a related adviser to another registered firm.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- US Government Bonds39%
- Public Funds/Mutual Funds24%
- Cash & Cash Equivalents24%
- Exchange Traded Equities12%
- Investment Grade Corp Bonds1%
Contacts
1 of 1
Edgar Nava
Partner, PresidentCRD 6573817
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 168Active vs passive
$651M in ETFs
95%
$616M
5%
$35.1M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| VANGUARD 500 INDEX FUND (VOO) | Vanguard | Passive | Large Blend | $95.1M | 138,497 | 14.62% |
Location
Miami, FL
Miami Dade
Location
Miami, FL
Headquartered in Miami, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.
- Metro area
- Miami-Port St. Lucie-Fort Lauderdale, FL
- Region
- South
- County
- Miami Dade
- Address
- 175 Sw 7th St
- Time zone
- ET (UTC-5)
- Office locations
Similar firms
Celenian Capital, LLC
RIAMiami, FL
Par5 Advisors LLC
RIAMiami, FL
Blue Infinitas Capital, LLC
RIAMiami, FL
Highrise Wealth Management
RIAMiami, FL
Capital Management Investor Services, Inc.
RIAMiami, FL
Brickell Financial Group LLC
RIAMiami, FL