{"url":"https://nivawealth.com/firms/granite-financial-group-168675","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/168675","regulatoryAum":186200000,"crd":"168675","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2189396","suffix":null,"lastName":"DORNOFF","firstName":"THOMAS","middleName":"JEROME"},{"crd":"6222831","suffix":null,"lastName":"Meier","firstName":"Anthony","middleName":"Louis"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-02-04","regulatoryAum":145536129,"clients":301,"employees":2,"offices":1},{"filedOn":"2022-06-27","regulatoryAum":185100000,"clients":508,"employees":1,"offices":1},{"filedOn":"2023-02-02","regulatoryAum":221059000,"clients":906,"employees":1,"offices":1},{"filedOn":"2024-02-12","regulatoryAum":149100000,"clients":247,"employees":1,"offices":1},{"filedOn":"2025-03-19","regulatoryAum":170600000,"clients":252,"employees":1,"offices":1},{"filedOn":"2026-02-03","regulatoryAum":186200000,"clients":252,"employees":2,"offices":1}],"secFileNumber":"801-116752","legalName":"Granite Financial Group, LLC","displayName":"Granite Financial Group","slug":"granite-financial-group-168675","website":"https://granitefgllc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Wisconsin limited liability company","fiscalYearEnd":"December","headquarters":{"street":"175 N. Patrick BLVD., Suite 170","city":"Brookfield","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"53045-5857"},"tradeNames":[],"registration":{"secApproved":"6 June 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":720000,"staff":{"employees":2,"advisory":2,"brokerDealerReps":2,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":186200000,"discretionary":186200000,"discretionaryAccounts":489,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":186200,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":200,"regulatoryAum":80000000},{"label":"High-net-worth individuals","clients":50,"regulatoryAum":100000000},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":6100000},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":100000}],"feePrograms":[{"role":"other","program":"ERISA Plan Services","summary":"Plan services fees are a percentage of the plan's included assets that will not exceed 0.75% a year, and are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005938","versionId":1005938,"submittedOn":"2026-02-03","documentName":"FORM ADV PART 2A - FIRM BROCHURE"},{"role":"other","program":"Financial Planning and Consulting","summary":"Financial planning is billed at $350 per hour or as a flat fee of $1,500 to $10,000, due on delivery of the completed plan.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005938","versionId":1005938,"submittedOn":"2026-02-03","documentName":"FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T14:46:44.032677+00:00","documents":[{"name":"FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005938","versionId":1005938,"submittedOn":"2026-02-03"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005937","versionId":1005937,"submittedOn":null}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Boston, MA","smaAssets":186200000}],"custodyNote":"Granite Financial Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Thomas Dornoff","title":"Managing Member/Chief Compliance Officer","crd":"2189396"}],"ownership":[{"label":"Thomas Dornoff","detail":"Managing member/chief compliance officer in the 75% or more ownership band and a control person, since August 2013."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wisconsin","offices":1,"addresses":[{"street":"175 N. Patrick BLVD., Suite 170","city":"Brookfield","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"262-792-1111","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":42},{"label":"U.S. government/agency bonds","percent":8},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":49}],"privateFunds":0},"sources":{"adv1FilingDate":"3 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/168675/PDF/168675.pdf","brochureDate":"3 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005938","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Granite Financial Group have?","answer":"Granite Financial Group has 252 clients and manages $186 million for them, as of February 2026. They include 200 individual clients, 50 high-net-worth individuals and 1 charitable organization.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Granite Financial Group offer?","answer":"Granite Financial Group provides financial planning, portfolio management for individuals and small businesses, and pension consulting.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Granite Financial Group use?","answer":"Granite Financial Group’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $186M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Granite Financial Group have?","answer":"Granite Financial Group has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 2 employees are 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":"What does Granite Financial Group invest in?","answer":"At the end of its last fiscal year, Granite Financial Group’s separately managed accounts held 49% registered funds (mutual funds, ETFs, BDCs), 42% exchange-traded equities, 8% U.S. government and agency bonds and 1% investment grade corporate bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Granite Financial Group?","answer":"Granite Financial Group’s direct owner is Thomas Dornoff (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 3 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Granite Financial Group get paid?","answer":"Granite Financial Group is paid through a percentage of assets under management, hourly charges and fixed fees. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Granite Financial Group?","answer":"Granite Financial Group’s main office is at 175 N. Patrick BLVD., Suite 170, Brookfield, WI 53045-5857. Its phone number is 262-792-1111. Its website is granitefgllc.com.","source":"Form ADV Part 1A, Item 1.F, filed 3 February 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."}