Kershner, Grosso & Co.
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$756,402,242
This total excludes 45 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Clients
525
19% high-net worth
Advisors
1
of 6 employees
Firm type
Team
4-10 advisors or $500M+ in AUM
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
525
Very HighAverage account size
$1,440,766
About
Kershner Grosso advises individuals (including high-net-worth clients), trusts and estates, corporations, and qualified retirement plans, delivering discretionary portfolio management, retirement-plan investment services, and trustee support. The firm also provides plan administration and participant education, and acts as trustee or co‑trustee for a number of client trusts.
The investment approach combines fundamental macro and micro analysis with a long-term, low‑turnover orientation that emphasizes individual equities and high‑quality fixed income, and principals typically hold many of the same securities alongside client accounts. The firm also pursues occasional special situations—including micro‑cap and restricted securities arranged as private placements—which it discloses as higher‑risk and potentially illiquid for suitable accounts.
Kershner Grosso’s practice of serving as trustee or co‑trustee (including court‑appointed trustee work) and acting as an ERISA 3(38) investment manager for retirement plans is a distinguishing feature relative to many peers. The adviser also maintains an insurance license (with limited insurance sales activity in recent decades) and discloses the use of restricted micro‑cap placements and other non‑standard services that may set it apart from firms focused solely on traditional discretionary portfolio management.
Client services
Portfolio management
Expertise
Active portfolio management
Concentrated stock management
Trust structures (GRAT, IDGT, revocable)
Occupation focus
Retired
Founder/Business Owner
Fee options
1.00% annually (0.25% quarterly)
Account minimum: $500,000 Fee-only: Management fees only; no commissions, rebates, referral fees, or other payments
Main office location
Kershner, Grosso & Co.
480 Broadway, Ste 310
Saratoga Spring NY 12866-2285, United States
Number of offices
1
Most active in
Kershner, Grosso & Co. has reported serving >5 clients in these states in the last 12 months.
California · Florida · Massachusetts · New York
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 active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Trust company
They provide trust and estate administration services, typically for separate fees.
Is not active or affiliated with:
-
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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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.
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