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Granite Islands Private Wealth, LLC

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Client assets under management

$216,020,543

Clients

477

79% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

119

Very High

Average account size

$452,873

About

Granite Islands Private Wealth, LLC is an SEC-registered advisory firm managing roughly $229.9 million with a four-advisor team that provides discretionary and non-discretionary investment management, financial planning, and consulting. It serves a range of clients including individual and high-net-worth investors, trusts and estates, institutional and retirement/ERISA plan clients, and offers ERISA plan advisory and consulting services.

The firm emphasizes diversified, tailored portfolios that blend active and passive management and draws on multiple analysis methods — fundamental, technical, relative strength and trend-following — alongside tactical asset-allocation adjustments. Granite Islands may use derivatives and options, and for some separately managed accounts employs borrowing or margin strategies and cash positioning as part of its risk-management and opportunity-taking toolkit.

Notable operational features that distinguish the firm from many peers are its affiliations and dual registrations: certain supervised persons are registered representatives of Sanctuary Securities and may execute brokerage under separate commission arrangements, several are licensed to sell insurance products on a commission basis, and the firm has a platform relationship with tru Independence that supplies reporting, compliance and technology services (and includes platform fees that vary with assets). These arrangements are disclosed as potential conflicts of interest and the firm describes procedures intended to address them, including fee-offset practices for certain ERISA-related accounts.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Options & derivatives strategies Active portfolio management Passive / index investing

Fee options

Fixed

Fixed fees available for financial planning and consulting services

Percentage

Up to 1.75% annually, fees may be flat percentage, fixed dollar amount, or tiered schedule

Commissions

Certain supervised persons provide securities brokerage services under separate commission-based arrangements

Project-based

Hourly fees available for financial planning and consulting services

Other

Minimum fee: May include a minimum annual fee as stipulated in the Investment Advisory Agreement Fee-only: Fixed fees and hourly fees available for financial planning and consulting services

Main office location

Granite Islands Private Wealth, LLC

157 Goose Lane, #3

Guilford CT 06437, United States

Number of offices

1

Most active in

Connecticut · New York

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Lorenzo G

CFP®, Series 63, Series 65

Guilford, CT

Granite Islands Private Wealth, LLC

Lorenzo Gaudioso is a Certified Financial Planner® with 21 years of industry experience, currently serving at Granite Islands Private Wealth, LLC. His prior roles include positions at Carson Wealth, Osaic Wealth, and Infinex Investments, among others. He also serves as a Justice of the Peace in the Town of Roxbury, CT, performing ceremonial duties. Granite Islands Private Wealth, LLC provides discretionary and non-discretionary investment management, financial planning, and consulting services to individuals, high-net-worth clients, trusts, retirement plans, and institutional clients. The firm employs a blend of active and passive investment strategies, including tactical asset allocation and the use of derivatives, to tailor portfolios across approximately $228 million in assets under management.

Options & derivatives strategies Active portfolio management Passive / index investing
user avatar

Charles A

Series 63, Series 65

Guilford, CT

Granite Islands Private Wealth, LLC

Charles Andriole is a financial advisor at Granite Islands Private Wealth, LLC with 42 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Hightower Advisors, LLC for ten years before joining Granite Islands and Sanctuary Securities in 2025. Andriole is also a member of The CA Advisory, LLC. Granite Islands Private Wealth, LLC provides discretionary investment management, non-discretionary advisory services, and financial planning to individuals, high-net-worth clients, trusts, retirement plans, and institutional clients. The firm combines active and passive investment strategies, including tactical asset allocation and the use of derivatives, to manage approximately $228 million across more than 460 accounts.

Options & derivatives strategies Active portfolio management Passive / index investing
user avatar

Robert D

Series 63, Series 65

Guilford, CT

Granite Islands Private Wealth, LLC

Robert Delucca is a financial advisor with Granite Islands Private Wealth, LLC, holding Series 63 and Series 65 designations and bringing 29 years of industry experience. He previously worked at Hightower Advisors, LLC for ten years and has been with Granite Islands Private Wealth and Sanctuary Securities, Inc. since 2025. Delucca is also the owner of The RAD Advisory LLC, an investment advisory business. Granite Islands Private Wealth, LLC provides discretionary and non-discretionary investment management, financial planning, and consulting services to individuals, high-net-worth clients, trusts, retirement plans, and institutional clients. The firm employs a blend of active and passive investment strategies, including tactical asset allocation, technical and fundamental analysis, and the use of derivatives and leveraged strategies tailored to client needs.

Options & derivatives strategies Active portfolio management Passive / index investing
user avatar

Michele A

Series 66

Guilford, CT

Granite Islands Private Wealth, LLC

Michele Arsenault is a financial advisor at Granite Islands Private Wealth, LLC with 17 years of industry experience. She holds a Series 66 designation and previously worked at Hightower Advisors, LLC for 12 years. Michele joined Granite Islands and Sanctuary Securities, Inc. in 2025 as part of a team of four advisors. Granite Islands Private Wealth provides discretionary investment management, non-discretionary advisory services, and financial planning to individuals, high-net-worth clients, trusts, retirement plans, and institutional clients. The firm employs a blended investment approach combining active and passive strategies and uses a range of tools including tactical asset allocation, fundamental and technical analysis, and derivatives in tailored portfolio management.

Options & derivatives strategies Active portfolio management Passive / index investing
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