COLTON GROOME FINANCIAL ADVISORS, LLC

RIASEC RegisteredEst. 2018
Total AUM
$725M
Discretionary
$707M
98% of AUM
Avg account
$661K
Accounts
1,096
Employees
18
Advisory reps
11

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, SEC‑registered registered investment adviser organized as an LLC that began SEC registration in 2018. The firm functions as a capital allocator and serves both individual & family clients and institutional clients. Its advisory offering includes financial planning, discretionary portfolio management for individuals and small businesses, portfolio management for businesses or institutions, and manager selection — indicating they both run portfolios and hire third‑party managers when appropriate. Fee arrangements include percentage‑of‑AUM billing alongside fixed fees and other fee structures. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 52%, Cash & Cash Equivalents 16%, US Government Bonds 15%, Exchange Traded Equities 10%, State & Local Bonds 4%, Investment Grade Corp Bonds 2%, Private Funds 1%52%
  • 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

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 120

Active vs passive

$394M in ETFs

Passive

97%

$384M

Active

<1%

$10.6M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$61M93,32615.46%
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Location

Primary office

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
1127B Hendersonville Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth