Granite Capital Wealth Management LLC

Granite Capital Wealth Management LLC is a state-registered investment adviser managing about $30 million for roughly 45 clients, primarily individual and high-net-worth investors. The firm offers individually tailored investment management, acts as a sub-advisor to other advisers, and serves as manager of a private fund.

Its investment approach is built around a proprietary options-oriented strategy that sells out-of-the-money option spreads on equity indices, uses portfolio margin, and maintains complementary hedges and active position monitoring; the strategy can also include equity, bond, and Treasury holdings to utilize available cash. For qualified high-net-worth clients the firm offers custom-tailored portfolios with performance-linked compensation and provides examples of its performance calculations and strategy risks in its disclosure materials.

Notable and less common features for a firm of this size include operating a private fund with a private placement memorandum, disclosing and illustrating performance and hypothetical results in its materials, an ownership affiliation with another registered adviser, and the use of performance-based fee arrangements for certain clients. The firm also accepts limited custody in the context of the private fund and fee withdrawals and discloses procedures intended to address conflicts that may arise from block trading and side‑by‑side management.