Colton Groome Financial Advisors, LLC

RIASEC Registered

Total AUM

$725M

Discretionary

$707M

98% of AUM

Avg account

$661K

Accounts

1,096

Employees

Advisory reps

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

FINTRX

Overview

Colton Groome Financial Advisors, LLC is an independent registered investment adviser that describes itself as a capital allocator for both individual/family and institutional clients. The firm is SEC-registered (initial registration in 2018) and provides fee-based wealth management using a mix of percentage-of-AUM, fixed fees, and other fee arrangements. Core advisory capabilities include financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selection of other advisers. The firm reports an affiliation with an insurance company and indicates it is not an active ESG investor.