{"url":"https://nivawealth.com/firms/grimaldi-portfolio-solutions-106199","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106199","regulatoryAum":133000000,"crd":"106199","history":[{"filedOn":"2021-03-23","regulatoryAum":90000000,"clients":300,"employees":5,"offices":1},{"filedOn":"2022-03-25","regulatoryAum":106400000,"clients":300,"employees":5,"offices":1},{"filedOn":"2023-03-23","regulatoryAum":95000000,"clients":300,"employees":5,"offices":1},{"filedOn":"2024-03-26","regulatoryAum":107000000,"clients":300,"employees":4,"offices":1},{"filedOn":"2025-03-13","regulatoryAum":122000000,"clients":300,"employees":4,"offices":1},{"filedOn":"2026-03-19","regulatoryAum":133000000,"clients":300,"employees":4,"offices":1}],"secFileNumber":"801-51163","legalName":"Grimaldi Portfolio Solutions, Inc","displayName":"Grimaldi Portfolio Solutions","slug":"grimaldi-portfolio-solutions-106199","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"New York corporation","fiscalYearEnd":"December","headquarters":{"street":"1207 Route 9, Suite 10","city":"Wappingers Falls","state":"NY","stateName":"New York","country":"United States","postalCode":"12590"},"tradeNames":[],"registration":{"secApproved":"5 February 1996","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":304347.82608695654,"staff":{"employees":4,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":133000000,"discretionary":133000000,"discretionaryAccounts":300,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":300},"clientTypes":[{"label":"Individuals (other than HNW)","clients":299,"regulatoryAum":91000000},{"label":"Investment companies","clients":1,"regulatoryAum":42000000}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T11:50:58.063867+00:00","documents":[{"name":"GRIMALDI PORTFOLIO SOLUTIONS, INC ADV PART II 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021630","versionId":1021630,"submittedOn":"2026-03-19"}]},"custodians":[],"custodyNote":"Grimaldi Portfolio Solutions does not have custody of client assets.","leadership":[{"name":"Mark Grimaldi","title":"President","crd":"1456488"},{"name":"Joseph Visconti","title":"Vice President","crd":"1609655"},{"name":"Sheila Pitz","title":"Chief Compliance Officer","crd":"5196267"}],"ownership":[{"label":"Mark Grimaldi","detail":"President in the 50% to 75% ownership band and a control person, since March 1996."},{"label":"Joseph Visconti","detail":"Vice president in the 25% to 50% ownership band and a control person, since March 1996."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"1207 Route 9, Suite 10","city":"Wappingers Falls","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"845-297-3500","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":95},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":1,"detail":"Fdic Insured CD'S Through Charles Schwab With No Holding Exceeding the Fdic Limit."}],"privateFunds":0},"sources":{"adv1FilingDate":"19 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/106199/PDF/106199.pdf","brochureDate":"19 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021630","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 Grimaldi Portfolio Solutions have?","answer":"Grimaldi Portfolio Solutions has 300 clients and manages $133 million for them, as of March 2026. They include 299 individuals and 1 investment company.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 19 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Grimaldi Portfolio Solutions offer?","answer":"Grimaldi Portfolio Solutions provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.","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 Grimaldi Portfolio Solutions have?","answer":"Grimaldi Portfolio Solutions has 0 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","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 Grimaldi Portfolio Solutions invest in?","answer":"At the end of its last fiscal year, Grimaldi Portfolio Solutions’ separately managed accounts held 95% exchange-traded equities, 4% cash and equivalents and 1% other. The 1% other category is described as: Fdic Insured CD'S Through Charles Schwab With No Holding Exceeding the Fdic Limit.","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 Grimaldi Portfolio Solutions?","answer":"Grimaldi Portfolio Solutions’ direct owners are Mark Grimaldi (50% to 75%) and Joseph Visconti (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 19 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Grimaldi Portfolio Solutions get paid?","answer":"Grimaldi Portfolio Solutions 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Grimaldi Portfolio Solutions registered with the SEC?","answer":"Yes, Grimaldi Portfolio Solutions has been registered with the SEC as an investment adviser since 5 February 1996. Its CRD number is 106199 and its SEC file number is 801-51163.","source":"Form ADV Part 1A, Item 1, filed 19 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Grimaldi Portfolio Solutions?","answer":"Grimaldi Portfolio Solutions’ main office is at 1207 Route 9, Suite 10, Wappingers Falls, NY 12590. Its phone number is 845-297-3500.","source":"Form ADV Part 1A, Item 1.F, filed 19 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."}