McGrath & Associates provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 251–500 clients last fiscal year.
McGrath & Associates reports 268 clients. They include 225 individual clients and 43 high-net-worth individuals. Of its assets, 100.0% ($156M across 701 accounts) are managed with discretion. It advised 18 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 84% | 43% |
| High-net-worth individuals | 16% | 57% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 225 | $67.5M | 43.3% | $300K |
| High-net-worth individuals | 43 | $88.4M | 56.7% | $2.06M |
| Total | 268 | $156M | 100% | $582K |
- Clients
- 225
- Regulatory AUM
- $67.5M
- AUM share
- 43.3%
- Avg. per client
- $300K
- Clients
- 43
- Regulatory AUM
- $88.4M
- AUM share
- 56.7%
- Avg. per client
- $2.06M
Total
- Clients
- 268
- Regulatory AUM
- $156M
- AUM share
- 100%
- Avg. per client
- $582K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 18
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
McGrath & Associates charges 1.00% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Advisory Services
- Hourly financial advisory work is billed at a negotiable rate of up to $280 an hour in 15-minute increments; engagements over 8 hours get a good-faith estimate of total hours.
Susan McGrath owns 75% or more of McGrath & Associates. The leadership team of McGrath & Associates includes President Robert Baschnagel and Chief Compliance Officer Susan McGrath. It has 3 employees, 2 of them in advisory roles.
Leadership
- Robert BaschnagelFinancial Advisor and Vice President
- Susan McGrathPresident/ Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of McGrath & Associates, Inc.
Susan McGrath
Control person · since April 2002
- Owns 10% to 25% of McGrath & Associates, Inc.
Robert Baschnagel
Control person · since August 2023
McGrath & Associates’ regulatory assets grew from $117M (April 2022) to $156M (April 2026); clients were 268 in both filings and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $156M | 268 | 3 | 1 |
| February 2025 | $121M | 258 | 3 | 1 |
| March 2024 | $116M | 684 | 3 | 1 |
| August 2023 | $105M | 279 | 3 | 1 |
| April 2022 | $117M | 279 | 3 | 1 |
Besides its headquarters, McGrath & Associates has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 12a Bay Street, AshevilleHQ
Other business names
McGrath & Associates has reported 1 other business name to the SEC.
- McGrath & Associates, Inc., D/B/A Holcombe & McGrath
Contact and registration details
- Legal name
- McGrath & Associates, Inc.
- Headquarters
- 12a Bay Street, Asheville, NC 28801
- Website
- holmcg.com
- Phone
- 828-252-8228
- SEC file
- 801-125021
- Structure
- North Carolina corporation
- Fiscal year end
- December
McGrath & Associates uses Charles Schwab ($156M) as custodian for its separately managed accounts. McGrath & Associates has custody of $79.2M in client assets for 95 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $156M100%
At year end, McGrath & Associates’ separately managed accounts were mostly in funds (92%). Its reported 13F holdings for the quarter ended 30 June 2026 total $76.8M across 32 positions; the largest are Pimco ETF TR (21.1%), Wisdomtree TR (10.5%) and Tidal Trust II (9.9%).
What the accounts hold
- Stocks6%
- Funds92%
- Cash2%
Reported 13F holdings
- $76.8M
- Reported 13F value
- 32
- Positions
- 74.7%
- In the 10 largest
- +12.9%
- Value vs. prior quarter
- Pimco ETF TR · Active BD ETF21.1%
- Wisdomtree TR · Efficient Gld PL10.5%
- Tidal Trust II · Retu S Yiel ETF9.9%
- Dimensional ETF Trust · US Cor Equ 2 ETF8.3%
- Dimensional ETF Trust · World EX US Core6.2%
- Tidal Trust II · Return Stckd US5.5%
- Schwab Strategic TR · US Dividend EQ4.5%
- Dimensional ETF Trust · Emerging Mkts VA3.2%
- Schwab Strategic TR · Fundamental US S2.9%
- Schwab Strategic TR · Fundamental Intl2.6%
Together, the ten largest are 74.7% of reported value.
How many clients does McGrath & Associates have?
McGrath & Associates has 268 clients and manages $156 million for them, as of April 2026. They include 225 individual clients and 43 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 April 2026
What services does McGrath & Associates offer?
McGrath & Associates provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does McGrath & Associates charge?
McGrath & Associates charges 1.00% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable.
Source: MCGRATH & ASSOCIATES DBA HOLCOMBE & MCGRATH FORM ADV PART 2A, filed 24 February 2026
Which custodians does McGrath & Associates use?
McGrath & Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $156M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 April 2026
How many financial advisors does McGrath & Associates have?
McGrath & Associates has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 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
What does McGrath & Associates invest in?
At the end of its last fiscal year, McGrath & Associates’ separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns McGrath & Associates?
McGrath & Associates’ direct owners are Susan McGrath (75% or more) and Robert Baschnagel (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 April 2026
How does McGrath & Associates get paid?
McGrath & Associates is paid through a percentage of assets under management and hourly charges. 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
How do I contact McGrath & Associates?
McGrath & Associates’ main office is at 12a Bay Street, Asheville, NC 28801. Its phone number is 828-252-8228. Its website is holmcg.com.