Grange Capital provides financial planning, portfolio management for individuals and small businesses, estate planning, and tax planning. Financial planning was provided to 26–50 clients last fiscal year.
Grange Capital reports 259 clients. They include 143 individual clients and 116 high-net-worth individuals. Of its assets, 99.9% ($217M across 739 accounts) are managed with discretion; $313K across 6 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 55% | 17% |
| High-net-worth individuals | 45% | 77% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | 5% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 143 | $37.2M | 17.1% | $260K |
| High-net-worth individuals | 116 | $168M | 77.4% | $1.45M |
| Pension and profit-sharing plans | Fewer than 5 | $2.07M | 1.0% | — |
| Corporations and other businesses | Fewer than 5 | $9.9M | 4.6% | — |
| Total | 259 | $217M | 100% | — |
- Clients
- 143
- Regulatory AUM
- $37.2M
- AUM share
- 17.1%
- Avg. per client
- $260K
- Clients
- 116
- Regulatory AUM
- $168M
- AUM share
- 77.4%
- Avg. per client
- $1.45M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.07M
- AUM share
- 1.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $9.9M
- AUM share
- 4.6%
- Avg. per client
- —
Total
- Clients
- 259
- Regulatory AUM
- $217M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Grange Capital charges up to 2.00% for its Investment management fees. The brochure does not state whether the rate is annual. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Separate financial planning services are billed at an hourly rate of up to $150 per hour, apart from the asset-based investment management fee.
Michael Keeton owns 50% to 75% of Grange Capital. The leadership team of Grange Capital includes Chief Investment Officer Michael Keeton and Chief Compliance Officer Robert Warmkessel. It has 6 employees, 5 of them in advisory roles.
Leadership
Robert WarmkesselPrincipal & Chief Compliance Officer
Michael KeetonPrincipal & Chief Investment Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 5 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Grange Capital, LLC
Michael Keeton
Control person · since September 2004
- Owns 25% to 50% of Grange Capital, LLC
Robert Warmkessel
Control person · since January 2016
Grange Capital’s regulatory assets grew 2.0× from $110M (May 2021) to $217M (March 2026); clients rose from 164 to 259 and employees from 4 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $217M | 259 | 6 | 1 |
| March 2025 | $199M | 247 | 6 | 1 |
| March 2024 | $171M | 237 | 7 | 1 |
| March 2023 | $129M | 212 | 7 | 1 |
| April 2022 | $140M | 202 | 4 | 2 |
| May 2021 | $110M | 164 | 4 | 2 |
Besides its headquarters, Grange Capital has 0 offices, with 1 listed address in Oregon.
Oregon · 1 listed address
- 6600 SW 105th Ave,, Suite 220, BeavertonHQ
Contact and registration details
- Legal name
- Grange Capital, LLC
- Headquarters
- 6600 SW 105th Ave,, Suite 220, Beaverton, OR 97008
- Website
- grangecapital.com
- Phone
- 971-708-6659
- @grange-capital
- SEC file
- 801-120271
- Founded
- 2004
- Structure
- Oregon LLC
- Fiscal year end
- December
Grange Capital uses Charles Schwab ($139M, 68%) and Fidelity ($65.9M, 32%) as custodians for its separately managed accounts. Grange Capital does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $139M68%
- FidelityFidelity Brokerage Services LLC · Boston, MA · $65.9M32%
At year end, Grange Capital’s separately managed accounts were largely in funds (33%) and cash (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $108M across 54 positions; the largest are Vanguard Intl Equity Index F (8.5%), Vanguard Index Fds (7.5%) and Vanguard Intl Equity Index F (7.4%).
What the accounts hold
- Stocks21%
- Funds33%
- Registered funds30%
- Pooled vehicles3%
- Bonds15%
- U.S. government and agency bonds14%
- State and local bonds1%
- Cash24%
- Other7%
- Private placements,private partnership or llc7%
Reported 13F holdings
- $108M
- Reported 13F value
- 54
- Positions
- 56.7%
- In the 10 largest
- +8.1%
- Value vs. prior quarter
- Vanguard Intl Equity Index F · Allwrld EX US8.5%
- Vanguard Index Fds · S&P 500 ETF Shs7.5%
- Vanguard Intl Equity Index F · FTSE Europe ETF7.4%
- iShares TR · MSCI Emg Mkt ETF5.9%
- Invesco Exchange Traded FD T · S&P500 Eql Wgt5.5%
- Palo Alto Networks Inc.5.2%
- Blackstone Inc.5.2%
- Constellation Energy Corp.4.3%
- Invesco Exchange Traded FD T · S&P 500 Garp ETF4.0%
- iShares Inc. · EM Mkts Div ETF3.3%
Together, the ten largest are 56.7% of reported value.
How many clients does Grange Capital have?
Grange Capital has 259 clients and manages $217 million for them, as of March 2026. They include 143 individual clients and 116 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 March 2026
What services does Grange Capital offer?
Grange Capital provides financial planning, portfolio management for individuals and small businesses, 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 Grange Capital charge?
Grange Capital charges up to 2.00% for its Investment management fees. The brochure does not state whether the rate is annual. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Which custodians does Grange Capital use?
Grange Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $139M and Fidelity Brokerage Services LLC (Boston, MA), with $65.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 March 2026
How many financial advisors does Grange Capital have?
Grange Capital has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 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 Grange Capital invest in?
At the end of its last fiscal year, Grange Capital’s separately managed accounts held 30% registered funds (mutual funds, ETFs, BDCs), 24% cash and equivalents, 21% exchange-traded equities, 14% U.S. government and agency bonds, 7% other, 3% pooled vehicles (private funds and similar) and 1% state and local bonds. The 7% other category is described as: Private Placements,private Partnership Or LLC.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Grange Capital have a minimum investment?
Yes, Grange Capital’s minimum account size for its Investment management fees is $500K.
Who owns Grange Capital?
Grange Capital’s direct owners are Michael Keeton (50% to 75%) and Robert Warmkessel (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 10 March 2026
How does Grange Capital get paid?
Grange Capital is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Grange Capital registered with the SEC?
Yes, Grange Capital has been registered with the SEC as an investment adviser since 5 February 2021. Its CRD number is 131699 and its SEC file number is 801-120271.
Source: Form ADV Part 1A, Item 1, filed 10 March 2026; IAPD firm record
How do I contact Grange Capital?
Grange Capital’s main office is at 6600 SW 105th Ave,, Suite 220, Beaverton, OR 97008. Its phone number is 971-708-6659. Its website is grangecapital.com.