GHP Investment Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, publishing newsletters, educational seminars, education planning, estate planning, and tax planning. Financial planning was provided to 101–250 clients last fiscal year. The firm advises 1 private fund.
GHP Investment Advisors reports 1,234 clients. They include 621 individual clients, 605 high-net-worth individuals, and 3 pension and profit-sharing plans. Of its assets, 97.5% ($2.99B across 4,244 accounts) are managed with discretion; $77.9M across 316 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 50% | 10% |
| High-net-worth individuals | 49% | 88% |
| Pooled investment vehicles | <1% | <1% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 621 | $307M | 10.0% | $495K |
| High-net-worth individuals | 605 | $2.7B | 88.1% | $4.46M |
| Pooled investment vehicles | 1 | $10.1M | 0.3% | $10.1M |
| Pension and profit-sharing plans | Fewer than 5 | $14.6M | 0.5% | $4.87M |
| Charitable organizations | Fewer than 5 | $3.41M | 0.1% | $3.41M |
| Corporations and other businesses | Fewer than 5 | $30.1M | 1.0% | $10M |
| Total | 1,234 | $3.06B | 100% | — |
- Clients
- 621
- Regulatory AUM
- $307M
- AUM share
- 10.0%
- Avg. per client
- $495K
- Clients
- 605
- Regulatory AUM
- $2.7B
- AUM share
- 88.1%
- Avg. per client
- $4.46M
- Clients
- 1
- Regulatory AUM
- $10.1M
- AUM share
- 0.3%
- Avg. per client
- $10.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $14.6M
- AUM share
- 0.5%
- Avg. per client
- $4.87M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.41M
- AUM share
- 0.1%
- Avg. per client
- $3.41M
- Clients
- Fewer than 5
- Regulatory AUM
- $30.1M
- AUM share
- 1.0%
- Avg. per client
- $10M
Total
- Clients
- 1,234
- Regulatory AUM
- $3.06B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 101–250
GHP Investment Advisors charges 0.30%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $500,000. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.90% |
| $2M–$3M | 0.80% |
| $3M–$4M | 0.70% |
| $4M–$5M | 0.60% |
| $5M–$15M | 0.50% |
| $15M–$25M | 0.45% |
| $25M–$50M | 0.40% |
| $50M–$75M | 0.35% |
| $75M and above | 0.30% |
Fee details and sources
Other fees
- Consulting services
- Consulting is charged hourly or on a fixed-fee basis; any advance payment will never exceed $500 for work not completed within six months.
- Financial planning
- Financial planning is quoted as a fixed fee or fixed fee range, such as $3,000 to $5,000, and never exceeds the maximum quoted fee.
Brian Friedman owns 25% to 50% of GHP Investment Advisors. The leadership team of GHP Investment Advisors includes President Brian Friedman and Chief Compliance Officer Sebrina Ivey. It has 25 employees, 22 of them in advisory roles.
Leadership
- Brian FriedmanPresident
- Michael SullivanVice President of Wealth Management
- Carin WagnerVice President of Wealth Management
- Sebrina IveyChief Compliance Officer
- Bradley EngleDirector of Research, Trading, and Analytics
- Jason KitnerManager of Research Trading and Portfolio Analytics
- Angela LeeDirector of Tax
- Christian LewtonManager of Research Trading and Portfolio Analytics
- Reed McCoyWealth Advisor
- Deirdre McGuireWealth Advisor
- Barbara TerrazasWealth Advisor
- Jennifer WehnerClient Relations Manager
Investment adviser representatives
28 representatives listed in the SEC register as of 9 October 2026.
- Jacob Ian Davis
- Bradley Allen Engle
- Brian Jay Friedman
- Kathryn Heet
- Makenna Rae Herbert
- Sebrina Chriselda Ivey
- Amy Kaufman
- Jason Richard Kitner
- Carla W Kutnick
- Angela Kennedy Lee
- Christian Thomas Lewton
- Reed Rummel McCoy
- Deirdre Marie McGuire
- Braden Meese
- Jennifer Lynn Merges
- Michelle Ann Mills
- Jack J Miskulin
- Ernesto Montes III
- Miles Ensign O'Neill
- David Harry Power
- Marlon Ramirez
- Colson Ryan
- Nicole Lea Smith
- Michael Thomas Sullivan
- Robert A Sutphin
- Barbara Elizabeth Terrazas
- Sean Patrick Tully
- Carin Dawn Wagner
Staff
- 25 employees
- 22 in advisory functions
- 20 state-registered reps
- 5 soliciting firms
- Owns 25% to 50% of GHP Investment Advisors Inc
Brian Friedman
Control person · since January 1999
- Owns 10% to 25% of GHP Investment Advisors Inc
Carin Wagner
Control person · since January 2013
- Owns 10% to 25% of GHP Investment Advisors Inc
Michael Sullivan
since July 2016
GHP Investment Advisors’ regulatory assets grew 1.8× from $1.75B (March 2021) to $3.06B (March 2026); clients rose from 920 to 1,234 and employees from 23 to 25.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $3.06B | 1,234 | 25 | 1 |
| February 2025 | $2.72B | 1,164 | 25 | 1 |
| February 2024 | $2.44B | 940 | 25 | 1 |
| March 2023 | $1.98B | 1,022 | 22 | 1 |
| May 2022 | $2.17B | 976 | 22 | 1 |
| March 2021 | $1.75B | 920 | 23 | 1 |
Besides its headquarters, GHP Investment Advisors has 0 offices, with 1 listed address in Colorado.
Colorado · 1 listed address
- 1290 Broadway, Suite 1100, DenverHQ
Other business names
GHP Investment Advisors has reported 1 other business name to the SEC.
- GHP Global Markets
Contact and registration details
- Legal name
- GHP Investment Advisors Inc
- Headquarters
- 1290 Broadway, Suite 1100, Denver, CO 80203
- Website
- ghpia.com
- Phone
- 303-831-5051
- @ghp-investment-advisors-inc
- SEC file
- 801-49990
- Founded
- 1995
- Structure
- Colorado corporation
- Fiscal year end
- December
GHP Investment Advisors uses Charles Schwab ($1.61B) as custodian for its separately managed accounts. GHP Investment Advisors has custody of $10.1M in client assets for 1 client.
- Charles SchwabCharles Schwab & Co., Inc. · San Fransisco, CA · $1.61B100%
At year end, GHP Investment Advisors’ separately managed accounts were mostly in stocks (55%) and funds (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.72B across 1,394 positions; the largest are Schwab Strategic TR (1.8%), Apple Inc. (1.7%) and Alphabet Inc. (1.6%).
What the accounts hold
- Stocks55%
- Funds29%
- Bonds11%
- Cash6%
Reported 13F holdings
- $2.72B
- Reported 13F value
- 1,394
- Positions
- 14.0%
- In the 10 largest
- +12.0%
- Value vs. prior quarter
- Schwab Strategic TR · US Lcap GR ETF1.8%
- Apple Inc.1.7%
- Alphabet Inc. · Cap Stk CL C1.6%
- SPDR Series Trust · ST Str Sp400grw1.4%
- Schwab Strategic TR · Intl Eqty ETF1.3%
- Schwab Strategic TR · US Lcap VA ETF1.3%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt1.3%
- iShares TR · Intl Sel Div ETF1.2%
- Esco Technologies Inc.1.2%
- iShares TR · Core MSCI Eafe1.1%
Together, the ten largest are 14.0% of reported value.
How many clients does GHP Investment Advisors have?
GHP Investment Advisors has 1,234 clients and manages $3.06 billion for them, as of March 2026. They include 621 individual clients, 605 high-net-worth individuals, and 3 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does GHP Investment Advisors offer?
GHP Investment Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, pension consulting, publishing newsletters, educational seminars, education planning, estate planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does GHP Investment Advisors charge?
GHP Investment Advisors charges 0.30%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $500,000.
Which custodians does GHP Investment Advisors use?
GHP Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Fransisco, CA), with $1.61B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does GHP Investment Advisors have?
GHP Investment Advisors has 20 investment adviser representatives registered with state securities authorities, out of 25 employees, and 22 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does GHP Investment Advisors invest in?
At the end of its last fiscal year, GHP Investment Advisors’ separately managed accounts held 55% exchange-traded equities, 29% registered funds (mutual funds, ETFs, BDCs), 11% U.S. government and agency bonds and 6% cash and equivalents. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does GHP Investment Advisors have a minimum investment?
Yes, GHP Investment Advisors’ minimum account size for its Investment Management Services is $500K.
Who owns GHP Investment Advisors?
GHP Investment Advisors’ direct owners are Brian Friedman, Carin Wagner and Michael Sullivan, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does GHP Investment Advisors get paid?
GHP Investment Advisors is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is GHP Investment Advisors registered with the SEC?
Yes, GHP Investment Advisors has been registered with the SEC as an investment adviser since 28 August 1995. Its CRD number is 107563 and its SEC file number is 801-49990.
Source: Form ADV Part 1A, Item 1, filed 24 March 2026; IAPD firm record
How do I contact GHP Investment Advisors?
GHP Investment Advisors’ main office is at 1290 Broadway, Suite 1100, Denver, CO 80203. Its phone number is 303-831-5051. Its website is ghpia.com.