Grimes & Company Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year. The firm advises 1 private fund.
Grimes & Company Wealth Management reports 3,764 clients. They include 1,877 individual clients, 1,783 high-net-worth individuals, and 41 pension and profit-sharing plans. Of its assets, 97.2% ($6.12B across 9,743 accounts) are managed with discretion; $176M across 99 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 50% | 14% |
| High-net-worth individuals | 47% | 78% |
| Pension and profit-sharing plans | 1% | 4% |
| Charitable organizations | <1% | 2% |
| State or municipal government entities | Fewer than 5 | <1% |
| Other client typesOther investment advisers; Corporations and other businesses | <1% | 2% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,877 | $878M | 13.9% | $468K |
| High-net-worth individuals | 1,783 | $4.9B | 77.8% | $2.75M |
| Pension and profit-sharing plans | 41 | $248M | 3.9% | $6.05M |
| Charitable organizations | 26 | $120M | 1.9% | $4.62M |
| State or municipal government entities | Fewer than 5 | $526K | 0.0% | — |
| Other investment advisers | Fewer than 5 | $54.6M | 0.9% | — |
| Corporations and other businesses | 37 | $93.8M | 1.5% | $2.54M |
| Total | 3,764 | $6.3B | 100% | — |
- Clients
- 1,877
- Regulatory AUM
- $878M
- AUM share
- 13.9%
- Avg. per client
- $468K
- Clients
- 1,783
- Regulatory AUM
- $4.9B
- AUM share
- 77.8%
- Avg. per client
- $2.75M
- Clients
- 41
- Regulatory AUM
- $248M
- AUM share
- 3.9%
- Avg. per client
- $6.05M
- Clients
- 26
- Regulatory AUM
- $120M
- AUM share
- 1.9%
- Avg. per client
- $4.62M
- Clients
- Fewer than 5
- Regulatory AUM
- $526K
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $54.6M
- AUM share
- 0.9%
- Avg. per client
- —
- Clients
- 37
- Regulatory AUM
- $93.8M
- AUM share
- 1.5%
- Avg. per client
- $2.54M
Total
- Clients
- 3,764
- Regulatory AUM
- $6.3B
- 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
- 1
- Financial planning clients last fiscal year
- 251–500
Grimes & Company Wealth Management charges 0.50%–1.25% a year for its Investment advisory services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.25% |
| $500K–$2M | 1.00% |
| $2M–$7M | 0.75% |
| $7M–$10M | 0.65% |
| $10M and above | 0.50% |
Fee details and sources
Grimes Group, LLC owns 75% or more of Grimes & Company Wealth Management and is in turn owned by Grimes Holding Company, Inc. (50–75%). Kevin Grimes is CEO; the leadership team includes Chief Compliance Officer Michael Davide. It has 69 employees, 36 of them in advisory roles.
Leadership
Kevin GrimesBoard Member, Chief Executive Officer and Chief Investment Officer
Michael DavideChief Compliance Officer
Emily WoodBoard Member
Investment adviser representatives
38 representatives listed in the SEC register as of 9 October 2026.
- David Luke Barlow
- James Joseph Barrett V
- Joseph John Benoit JR.
- Tristan Allen Bishop
- Justin Dequan Brown
- Thomas Adam Clark
- Janelle Leah Coulman
- Justin C Davis
- Christopher Sean Deeley
- Sean Thomas Donovan
- Thomas Vincent Dunlap
- Cody James Forbush
- Tom Oneal French JR
- James Michael Grenon
- Thomas Albert Grimes
- Todd Andrew Herman
- Karen Patricia Kelly
- Sean Robert Kommerstad
- Eleanor Mary Kreitler
- Patricia Louise Lavoie
- Jordan Alan Letendre
- Matthew Louis Licata
- Laurie Denise Littlefield
- Michael Robert Maguire
- Patrick Dominic Melvin
- Jennifer Ann Moran
- Matthew Stephen Morse
- Maureen Fields Pasciucco
- Timothy Douglas Rheaume
- David Richard Roberts
- Brendan Richard Shea
- Jae Song
- Gordon James Thomas
- Benjamin Browning Wallace
- Molly Grimes Welch
- John Anthony Wilmer
Staff
- 69 employees
- 36 in advisory functions
- 35 state-registered reps
- 3 broker-dealer reps
- 7 insurance agents
- 4 soliciting firms
- Owns 75% or more of Grimes & Company Wealth Management, LLC
Grimes Group, LLC
Control person · since July 2026
- Owns 50% to 75% of Grimes Group, LLC
Grimes Holding Company, Inc.
Control person · since July 2026
- Owns 25% to 50% of Grimes Holding Company, Inc.
Timothy J Grimes Dynasty Trust
since February 2025
Maryann Copeland
Trustee · Control person · since October 2024
Timothy Grimes
Chairman of the board and sole voting shareholder · Control person · since February 2025
Grimes & Company Wealth Management’s regulatory assets grew 1.8× from $3.46B (May 2021) to $6.3B (September 2026); clients rose from 2,869 to 3,764 and employees from 37 to 69. In 2014, David Witherbee & Associates joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $6.3B | 3,764 | 69 | 31 |
| June 2025 | $5.59B | 3,712 | 53 | 26 |
| May 2024 | $4.85B | 3,599 | 37 | 20 |
| July 2023 | $4.18B | 3,530 | 51 | 15 |
| June 2022 | $4.42B | 3,238 | 44 | 15 |
| May 2021 | $3.46B | 2,869 | 37 | 15 |
Firms that joined
20141 joined
- David Witherbee & AssociatesNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Grimes & Company Wealth Management has 30 offices (16 private residences, listed without an address), with 14 listed addresses across 8 states.
Florida · 4 listed addresses
- 1990 Main Street, Sarasota
- 618 E. South Street, Orlando
- 433 Plaza Real, Boca Raton
- 100 N. Ashley Drive, Tampa
Texas · 3 listed addresses
- 531 Silicon Drive, Southlake
- 12 Greenway Plaza, Austin
- 7000 North Mopac Expressway, Austin
Massachusetts · 2 listed addresses
- One Technology Drive, Suite 100, WestboroughHQ
- 12 Windsor RD, East Walpole
Alabama · 1 listed address
- One Perimeter Park South, Birmingham
Arizona · 1 listed address
- 2701 E Camelback RD, Phoenix
Maine · 1 listed address
- 400 Congress St, Portland
Nebraska · 1 listed address
- 14301 FNB Parkway, Omaha
New Hampshire · 1 listed address
- 170 Commerce Way, Portsmouth
Contact and registration details
- Legal name
- Grimes & Company Wealth Management, LLC
- Headquarters
- One Technology Drive, Suite 100, Westborough, MA 01581
- Website
- grimesco.com
- Phone
- 508-366-3883
- @grimes-&-company
- SEC file
- 801-57193
- Structure
- Delaware LLC
- Fiscal year end
- December
Grimes & Company Wealth Management uses Fidelity ($3.51B, 59%) and Charles Schwab ($2.49B, 41%) as custodians for its separately managed accounts. Grimes & Company Wealth Management has custody of $1.74B in client assets for 1,145 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $2.49B41%
- FidelityNational Financial Services LLC · Boston, MA · $3.51B59%
At year end, Grimes & Company Wealth Management’s separately managed accounts were mostly in funds (73%) and stocks (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $4.62B across 449 positions; the largest are Vanguard Index Fds (7.7%), iShares TR (7.7%) and iShares Inc. (4.5%).
What the accounts hold
- Stocks24%
- Funds73%
- Bonds1%
- Cash2%
Reported 13F holdings
- $4.62B
- Reported 13F value
- 449
- Positions
- 44.4%
- In the 10 largest
- +28.0%
- Value vs. prior quarter
- Vanguard Index Fds · Small CP ETF7.7%
- iShares TR · Core MSCI Eafe7.7%
- iShares Inc. · Core MSCI Emkt4.5%
- iShares TR · Core S&P500 ETF4.2%
- Select Sector SPDR TR · ST Str Techn ETF3.8%
- iShares TR · Iboxx HI YD ETF3.8%
- SPDR Series Trust · ST Term High ETF3.7%
- SPDR Series Trust · ST Bloo High ETF3.4%
- John Hancock Exchange Traded · Mltfctr Lrg Cap2.9%
- Apple Inc.2.7%
Together, the ten largest are 44.4% of reported value.
How many clients does Grimes & Company Wealth Management have?
Grimes & Company Wealth Management has 3,764 clients and manages $6.3 billion for them, as of September 2026. They include 1,877 individual clients, 1,783 high-net-worth individuals, and 41 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 September 2026
What services does Grimes & Company Wealth Management offer?
Grimes & Company Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Grimes & Company Wealth Management charge?
Grimes & Company Wealth Management charges 0.50%–1.25% a year for its Investment advisory services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does Grimes & Company Wealth Management use?
Grimes & Company Wealth Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $3.51B and Charles Schwab & Co., Inc. (Westlake, TX), with $2.49B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 September 2026
How many financial advisors does Grimes & Company Wealth Management have?
Grimes & Company Wealth Management has 35 investment adviser representatives registered with state securities authorities, out of 69 employees, and 36 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 7 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
What does Grimes & Company Wealth Management invest in?
At the end of its last fiscal year, Grimes & Company Wealth Management’s separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 2% cash and equivalents and 1% investment grade corporate bonds. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Grimes & Company Wealth Management?
Grimes & Company Wealth Management’s direct owner is Grimes Group, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 September 2026
How does Grimes & Company Wealth Management get paid?
Grimes & Company Wealth 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 Grimes & Company Wealth Management registered with the SEC?
Yes, Grimes & Company Wealth Management has been registered with the SEC as an investment adviser since 28 January 2000. Its CRD number is 109420 and its SEC file number is 801-57193.
Source: Form ADV Part 1A, Item 1, filed 30 September 2026; IAPD firm record
How do I contact Grimes & Company Wealth Management?
Grimes & Company Wealth Management’s main office is at One Technology Drive, Suite 100, Westborough, MA 01581. Its phone number is 508-366-3883. Its website is grimesco.com.