{"url":"https://nivawealth.com/firms/granite-equity-partners-158378","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/158378","regulatoryAum":1885970369,"crd":"158378","history":[{"filedOn":"2021-03-30","regulatoryAum":815927816,"clients":5,"employees":16,"offices":3},{"filedOn":"2022-03-23","regulatoryAum":1025254982,"clients":5,"employees":23,"offices":3},{"filedOn":"2023-03-29","regulatoryAum":1236293912,"clients":4,"employees":29,"offices":3},{"filedOn":"2024-03-29","regulatoryAum":1382338954,"clients":3,"employees":30,"offices":3},{"filedOn":"2025-07-15","regulatoryAum":1563634259,"clients":3,"employees":32,"offices":3},{"filedOn":"2026-03-31","regulatoryAum":1885970369,"clients":3,"employees":34,"offices":2}],"secFileNumber":"801-73392","legalName":"Granite Equity Partners LLC","displayName":"Granite Equity Partners","slug":"granite-equity-partners-158378","website":"https://granite.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/granitepartners/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1100 W. Saint Germain Street","city":"St. Cloud","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"56301"},"tradeNames":["Granite Partners"],"registration":{"secApproved":"29 March 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":34,"advisory":9,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1885970369,"discretionary":1885970369,"discretionaryAccounts":3,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":3,"regulatoryAum":1885970369}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Granite Equity Partners has custody of $1.89B in client assets for 3 clients.","leadership":[{"name":"Richard Bauerly","title":"Partner, CEO","crd":"6015976"},{"name":"Michelle Bauerly-Kopel","title":"Partner","crd":"6102012"},{"name":"Gregory Schumacher","title":"Partner","crd":"6102094"},{"name":"Carrie Willis","title":"COO","crd":"7358101"},{"name":"Carrie Willis","title":"CCO","crd":"7358101"}],"ownership":[{"label":"Richard Bauerly","detail":"Partner, ceo in the 25% to 50% ownership band and a control person, since July 2002."},{"label":"Michelle Bauerly-Kopel","detail":"Partner in the 25% to 50% ownership band and a control person, since July 2012."},{"label":"Gregory Schumacher","detail":"Partner in the 25% to 50% ownership band and a control person, since July 2012."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":2,"addresses":[{"street":"1100 W. Saint Germain Street","city":"St. Cloud","headquarters":true},{"street":"1600 Utica Avenue South","city":"St. Louis Park"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"320-251-1800","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":"0","assetMix":[],"privateFunds":3},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/158378/PDF/158378.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Granite Equity Partners have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Granite Equity Partners offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Granite Equity Partners have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Granite Equity Partners?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Granite Equity Partners get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Granite Equity Partners registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Granite Equity Partners?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}