{"url":"https://nivawealth.com/firms/grupp-financial-168436","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/168436","regulatoryAum":100067252,"crd":"168436","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6246101","suffix":null,"lastName":"ESTRADA","firstName":"MICHAEL","middleName":"JOHN"},{"crd":"7337758","suffix":null,"lastName":"Grupp","firstName":"Joseph","middleName":"Daniel"},{"crd":"6246097","suffix":null,"lastName":"GRUPP","firstName":"MATTHEW","middleName":"PETER"}],"total":3,"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":"2022-06-22","regulatoryAum":104011029,"clients":13,"employees":4,"offices":4},{"filedOn":"2023-08-09","regulatoryAum":92953183,"clients":10,"employees":3,"offices":3},{"filedOn":"2024-04-08","regulatoryAum":81676802,"clients":7,"employees":4,"offices":4},{"filedOn":"2026-01-22","regulatoryAum":100067252,"clients":10,"employees":3,"offices":5}],"secFileNumber":"801-135382","legalName":"Grupp Financial LLC","displayName":"Grupp Financial","slug":"grupp-financial-168436","website":"https://gruppfinancial.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"founded":null,"organization":"Wyoming limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1705 High School Road, Unit #140","city":"Jackson","state":"WY","stateName":"Wyoming","country":"United States","postalCode":"83001"},"tradeNames":[],"registration":{"secApproved":"2 March 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":100067252,"discretionary":100067252,"discretionaryAccounts":37,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":2,"fewerThan5":true,"regulatoryAum":191110},{"label":"High-net-worth individuals","clients":3,"fewerThan5":true,"regulatoryAum":1957058},{"label":"Charitable organizations","clients":1,"regulatoryAum":26},{"label":"Corporations and other businesses","clients":4,"fewerThan5":true,"regulatoryAum":97919058}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":100067226}],"custodyNote":"Grupp Financial has custody of $97.9M in client assets for 4 clients.","otherCustodians":[],"leadership":[{"name":"Matthew Grupp","title":"President/Chief Executive Officer/Chief Compliance Officer","crd":"6246097"},{"name":"Joseph Grupp","title":"Private Wealth Services Manager","crd":"7337758"}],"ownership":[{"label":"Grupp Organization LLC","detail":"Owner in the 75% or more ownership band and a control person, since January 2017."},{"label":"Matthew Grupp","detail":"Indirect owner: a owner of Grupp Organization LLC in the 75% or more band and a control person, since April 2018.","parent":"Grupp Organization LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":2},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Idaho","offices":1,"addresses":[{"street":"607 E 6th Ave","city":"Post Falls"}]},{"state":"Wyoming","offices":2,"addresses":[{"street":"1705 High School Road, Unit #140","city":"Jackson","headquarters":true},{"street":"1705 High School RD","city":"Jackson"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"13072006579","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":54},{"label":"U.S. government/agency bonds","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":31},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":0},"sources":{"adv1FilingDate":"22 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/168436/PDF/168436.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 Grupp Financial have?","answer":"Grupp Financial has 10 clients and manages $100 million for them, as of January 2026. They include 4 corporations and other businesses, 3 high-net-worth individuals, and 2 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Grupp Financial offer?","answer":"Grupp Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.","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 Grupp Financial use?","answer":"Grupp Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $100M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Grupp Financial have?","answer":"Grupp Financial has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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":"What does Grupp Financial invest in?","answer":"At the end of its last fiscal year, Grupp Financial’s separately managed accounts held 54% exchange-traded equities, 31% registered funds (mutual funds, ETFs, BDCs), 9% cash and equivalents and 6% U.S. government and agency 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 Grupp Financial?","answer":"Grupp Financial is owned through a holding company by Matthew Grupp. Its direct owner is Grupp Organization LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 22 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Grupp Financial get paid?","answer":"Grupp Financial 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":"How do I contact Grupp Financial?","answer":"Grupp Financial’s main office is at 1705 High School Road, Unit #140, Jackson, WY 83001. Its phone number is 13072006579. Its website is gruppfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 22 January 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."}