Colton Groome Financial Advisors, LLC
Firm details
- Headquarters
- Asheville, North Carolina
- CRD number
- 128365
- Registered since
- May 23, 2018
- Website
- coltongroome.com
- Custodians
- CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
- Fee structure
- Percentage of AUM, Fixed Fees, Other
- Client types
- HNWI84.17%
- Individuals6.3%
- Charitable Organizations4.87%
- Pension & Profit Sharing Plans3.87%
- Corporations / Businesses0.79%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers
Firm profile
FINTRXOverview
Colton Groome Financial Advisors, LLC is an independent registered investment adviser that began SEC registration in 2018 and operates as a limited liability company. The firm serves both individual and family clients as well as institutional accounts, and it bills clients through a mix of asset-based fees, fixed fees and other arrangements. Its advisory scope includes financial planning, discretionary portfolio management for individuals and small businesses, institutional portfolio management and the selection of outside managers — the profile identifies the firm as a capital allocator that places client capital with third-party managers when appropriate. The firm lists an insurance company among its industry affiliations and does not identify itself as an active ESG investor.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds52%
- Cash & Cash Equivalents16%
- US Government Bonds15%
- Exchange Traded Equities10%
- State & Local Bonds4%
Owners & executives
3 of 3
Taylor Poteat
Chief Operating Officer & Chief Compliance OfficerCRD 6700216
Matthew Groome
Co-CEOCRD 5693511
George Groome
Co-CEO & Director of Insurance StrategiesCRD 4747797
Contacts
3 of 8
Jay Reese
Director of Investment StrategiesCRD 2452844
Robin Barber
Financial Planning StrategistCRD 7307893
Todd Burkhalter
Financial AdvisorCRD 7528626
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 144Active vs passive
$460M in ETFs
97%
$445M
1%
$15.2M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $70.7M | 94,430 | 15.38% |
Location
Asheville, NC
Buncombe
Location
Asheville, NC
Headquartered in Asheville, NC, anchoring the Asheville-Marion-Brevard, NC metro in the South.
- Metro area
- Asheville-Marion-Brevard, NC
- Region
- South
- County
- Buncombe
- Address
- 1127 B Hendersonville Rd
- Time zone
- ET (UTC-5)
- Office locations
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