Granite State Capital Management, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$8,750,960
This total excludes 2 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
28
46% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
28
TypicalAverage account size
$312,534
About
Granite State Capital Management provides discretionary portfolio management and stock‑picking services primarily to individual and high‑net‑worth clients, concentrating on equities and American Depositary Receipts. The firm documents client goals and risk tolerance in an Investment Policy Statement and does not hold client funds or securities.
Its investment approach is value‑oriented and based on fundamental analysis with long time horizons (generally ten years or more), and the adviser implements portfolios under discretionary authority. Clients receive regular monitoring and at least quarterly reporting through their custodian, and the firm requires accounts to be custodied at Interactive Brokers.
The brochure highlights that the firm accepts performance‑based compensation for qualified clients and applies a high‑water mark and annual hurdle to those arrangements, a fee structure that is uncommon among independent advisers. It also notes operational distinctions—such as requiring a specific custodian and not aggregating trades across client accounts—that can affect trade execution and separate its practices from many peers.
Client services
Portfolio management
Expertise
Active portfolio management
Occupation focus
Executive
Fee options
20% of capital appreciation above a 6% annual hurdle rate with a high-water mark, assessed annually.
Account minimum: $500,000
Main office location
Granite State Capital Management, LLC
Round Rock TX, United States
Number of offices
1
Most active in
Granite State Capital Management, LLC has reported serving >5 clients in these states in the last 12 months.
New Hampshire · New York · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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