Granite Capital Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Granite Capital Management reports 86 clients. They include 62 high-net-worth individuals, 14 individual clients, and 8 corporations and other businesses. Of its assets, 99.3% ($312M across 273 accounts) are managed with discretion; $2.32M across 2 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 16% | 1% |
| High-net-worth individuals | 72% | 96% |
| Pension and profit-sharing plans | 2% | <1% |
| Corporations and other businesses | 9% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 14 | $4.62M | 1.5% | $330K |
| High-net-worth individuals | 62 | $303M | 96.5% | $4.89M |
| Pension and profit-sharing plans | Fewer than 5 | $2.32M | 0.7% | $1.16M |
| Corporations and other businesses | 8 | $4.18M | 1.3% | $522K |
| Total | 86 | $315M | 100% | — |
- Clients
- 14
- Regulatory AUM
- $4.62M
- AUM share
- 1.5%
- Avg. per client
- $330K
- Clients
- 62
- Regulatory AUM
- $303M
- AUM share
- 96.5%
- Avg. per client
- $4.89M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.32M
- AUM share
- 0.7%
- Avg. per client
- $1.16M
- Clients
- 8
- Regulatory AUM
- $4.18M
- AUM share
- 1.3%
- Avg. per client
- $522K
Total
- Clients
- 86
- Regulatory AUM
- $315M
- 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
- 1–10
Granite Capital Management charges 0.50%–1.50% for its Advisory fee on assets under management. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Fee details and sources
Joseph Fuqua owns 25% to 50% of Granite Capital Management. It has 2 employees.
Leadership
- Joseph FuquaCCO
- Joseph FuquaManaging Member
- John SpeesManaging Member
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Joseph Brian Fuqua
- John Kennelly Spees
Staff
- 2 employees
- 2 in advisory functions
- 1 state-registered rep
- Owns 25% to 50% of Granite Capital Management, LLC
Joseph Fuqua
Control person · since May 2000
- Owns 25% to 50% of Granite Capital Management, LLC
John Spees
Control person · since May 2000
Granite Capital Management’s regulatory assets grew from $238M (March 2025) to $315M (April 2026); clients were 86 in both filings and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $315M | 86 | 2 | 1 |
| March 2025 | $238M | 87 | 2 | 1 |
Besides its headquarters, Granite Capital Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 5707 Redwood RD., Suite 3, OaklandHQ
Contact and registration details
- Legal name
- Granite Capital Management, LLC
- Headquarters
- 5707 Redwood RD., Suite 3, Oakland, CA 94619
- Website
- granitecapitalllc.com
- Phone
- 510-336-9120
- SEC file
- 801-130793
- Founded
- 2000
- Structure
- Delaware LLC
- Fiscal year end
- December
Granite Capital Management uses Charles Schwab ($102M) as custodian for its separately managed accounts. Granite Capital Management has custody of $45.5M in client assets for 11 clients.
- Charles SchwabCharles Schwab & Co. · San Francisco, CA · $102M100%
At year end, Granite Capital Management’s separately managed accounts were largely in funds (40%) and bonds (40%).
What the accounts hold
- Stocks19%
- Funds40%
- Bonds40%
- U.S. government and agency bonds20%
- State and local bonds20%
- Cash1%
How many clients does Granite Capital Management have?
Granite Capital Management has 86 clients and manages $315 million for them, as of April 2026. They include 62 high-net-worth individuals, 14 individual clients, and 8 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 April 2026
What services does Granite Capital Management offer?
Granite Capital Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Granite Capital Management charge?
Granite Capital Management charges 0.50%–1.50% for its Advisory fee on assets under management. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Source: GRANITE CAPITAL ADV PART A&B 2026, filed 1 April 2026
Which custodians does Granite Capital Management use?
Granite Capital Management’s separately managed account assets are held at Charles Schwab & Co. (San Francisco, CA), with $102M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 April 2026
How many financial advisors does Granite Capital Management have?
Granite Capital Management has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 2 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 Granite Capital Management invest in?
At the end of its last fiscal year, Granite Capital Management’s separately managed accounts held 40% registered funds (mutual funds, ETFs, BDCs), 20% U.S. government and agency bonds, 20% state and local bonds, 19% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Granite Capital Management?
Granite Capital Management’s direct owners are Joseph Fuqua and John Spees, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 1 April 2026
How does Granite Capital Management get paid?
Granite Capital Management is paid through a percentage of assets under management. 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 Granite Capital Management registered with the SEC?
Yes, Granite Capital Management has been registered with the SEC as an investment adviser since 14 August 2024. Its CRD number is 141743 and its SEC file number is 801-130793.
Source: Form ADV Part 1A, Item 1, filed 1 April 2026; IAPD firm record
How do I contact Granite Capital Management?
Granite Capital Management’s main office is at 5707 Redwood RD., Suite 3, Oakland, CA 94619. Its phone number is 510-336-9120. Its website is granitecapitalllc.com.