Granite Bay Wealth Management, LLC

Granite Bay Wealth Management, LLC, established in 2015, offers a client-centered approach to asset management and financial planning. The firm's investment advisory services include asset management and financial planning, tailored to individual client needs. Asset management services involve investigative client consultation, risk profiling, and ongoing communication to ensure alignment with client objectives. Financial planning services guide clients through a series of steps to identify and achieve financial goals. Clients with assets exceeding $500,000 may receive financial planning services alongside asset management. GBWM may provide asset management on a non-discretionary basis in limited circumstances. The firm does not participate in a wrap fee program and managed over $444 million in client assets as of December 31, 2024. Fees for financial planning services range from $300 to $400 per hour, while asset management fees typically range from 0.50% to 1.50% annually. GBWM recommends Schwab as a custodian/broker, providing access to a broad range of investment products and services. The firm does not charge performance-based fees and requires a minimum account size of $500,000. Clients include individuals, trusts, charitable organizations, corporations, and ERISA plans. GBWM emphasizes the importance of asset allocation, risk management, and client communication in its investment strategies. The firm does not have any disciplinary items to report and offers a transparent fee structure with detailed information on brokerage practices, custody, and investment discretion.