Groesbeck Investment Management Corp

Groesbeck Investment Management Corporation is an employee-owned investment adviser specializing in equity portfolio management services for endowments, foundations, pension plans, trusts, IRAs, high net worth individuals, and individual customers. Established in 1993, the firm manages total discretionary assets of $64,650,906 as of December 31, 2024. They offer distinct equity portfolio management strategies, including Growth of Income and Growth styles, aiming to provide above-market investment performance through a disciplined, risk-sensitive process. Clients have the option to individually sign on with the firm or participate in sponsored "wrap" programs. The firm's fee structure is negotiable, with fees calculated as a percentage of total assets managed. Minimum account size for individually managed accounts is around $100,000, and account minimums for wrap programs vary by sponsor. Groesbeck Investment Management exercises investment discretion, allowing clients to impose restrictions on their portfolios. The firm's investment philosophy focuses on growth of income and growth investing strategies, emphasizing dividend growth and above-average earnings growth prospects. The firm's key personnel include Robert P. Groesbeck, CFA, and Theodore M. Groesbeck, CFA, who bring extensive investment experience to the firm. Groesbeck Investment Management does not engage in performance-based fees or side-by-side management and has no disciplinary history. Clients are encouraged to vote their proxies, and the firm provides detailed account reviews and client referrals without separate fee arrangements. The firm does not take custody of client funds or securities and maintains a fiduciary capacity when managing ERISA accounts.