Granite Equity Partners provides portfolio management for pooled vehicles. The firm advises 3 private funds.
Granite Equity Partners reports 3 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($1.89B across 3 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 3 | $1.89B | 100.0% | $629M |
| Total | 3 | $1.89B | 100% | $629M |
- Clients
- 3
- Regulatory AUM
- $1.89B
- AUM share
- 100.0%
- Avg. per client
- $629M
Total
- Clients
- 3
- Regulatory AUM
- $1.89B
- AUM share
- 100%
- Avg. per client
- $629M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 3
- Financial planning clients last fiscal year
- 0
Granite Equity Partners is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Richard Bauerly owns 25% to 50% of Granite Equity Partners. It has 34 employees, 9 of them in advisory roles.
Leadership
- Richard BauerlyPartner, CEO
- Michelle Bauerly-KopelPartner
- Gregory SchumacherPartner
- Carrie WillisCOO
- Carrie WillisCCO
Staff
- 34 employees
- 9 in advisory functions
- Owns 25% to 50% of Granite Equity Partners LLC
Richard Bauerly
Control person · since July 2002
- Owns 25% to 50% of Granite Equity Partners LLC
Michelle Bauerly-Kopel
Control person · since July 2012
- Owns 25% to 50% of Granite Equity Partners LLC
Gregory Schumacher
Control person · since July 2012
Granite Equity Partners’ regulatory assets grew 2.3× from $816M (March 2021) to $1.89B (March 2026); clients fell from 5 to 3 and employees rose from 16 to 34.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.89B | 3 | 34 | 2 |
| July 2025 | $1.56B | 3 | 32 | 3 |
| March 2024 | $1.38B | 3 | 30 | 3 |
| March 2023 | $1.24B | 4 | 29 | 3 |
| March 2022 | $1.03B | 5 | 23 | 3 |
| March 2021 | $816M | 5 | 16 | 3 |
Besides its headquarters, Granite Equity Partners has 1 office, with 2 listed addresses in Minnesota.
Minnesota · 2 listed addresses
- 1100 W. Saint Germain Street, St. CloudHQ
- 1600 Utica Avenue South, St. Louis Park
Other business names
Granite Equity Partners has reported 1 other business name to the SEC.
- Granite Partners
Contact and registration details
- Legal name
- Granite Equity Partners LLC
- Headquarters
- 1100 W. Saint Germain Street, St. Cloud, MN 56301
- Website
- granite.com
- Phone
- 320-251-1800
- @granitepartners
- SEC file
- 801-73392
- Structure
- Delaware LLC
- Fiscal year end
- December
Granite Equity Partners has custody of $1.89B in client assets for 3 clients.
How many clients does Granite Equity Partners have?
Granite Equity Partners has 3 clients and manages $1.89 billion for them, as of March 2026. They include 3 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Granite Equity Partners offer?
Granite Equity Partners provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Granite Equity Partners have?
Granite Equity Partners has 0 investment adviser representatives registered with state securities authorities, out of 34 employees, and 9 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
Who owns Granite Equity Partners?
Granite Equity Partners’ direct owners are Richard Bauerly, Michelle Bauerly-Kopel and Gregory Schumacher, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Granite Equity Partners get paid?
Granite Equity Partners is paid through a percentage of assets under management 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 Granite Equity Partners registered with the SEC?
Yes, Granite Equity Partners has been registered with the SEC as an investment adviser since 29 March 2012. Its CRD number is 158378 and its SEC file number is 801-73392.
Source: Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record
How do I contact Granite Equity Partners?
Granite Equity Partners’ main office is at 1100 W. Saint Germain Street, St. Cloud, MN 56301. Its phone number is 320-251-1800. Its website is granite.com.