Granahan Investment Management Inc (Waltham)

Name: Granahan Investment Management Inc
Address: 404 Wyman Street, Suite 460, Waltham, MA, 02451
Telephone: 781-890-4412

Granahan Investment Management Inc is a large advisory firm based in Waltham. It manages $1.9 billion of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Massachusetts, and 4 other states.

Granahan Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Granahan Investment Management: assets under management

The assets under management (AUM) of Granahan Investment Management Inc is $1.9 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -9% since the beginning of its operation, and $412.96 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $40.53 million each.

Granahan Investment Management has custody of $6.22 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Granahan Investment Management Inc for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Joseph Granahan serves?

The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of John Joseph Granahan is investment companies with 2 clients and $1.13 billion of assets under management. Among the 10 most similar advisory firms, Granahan Investment Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.57 billion for 38 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 13% of the firm’s clients are foreign persons or businesses.

Granahan Investment Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Granahan Investment Management Inc

The company employs 16 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Joseph Granahan has been acting as President since 1 Feb 1985. Brian S. Granahan joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Joseph Granahan	Chairman	1 Feb 1985	25% - 50%	4338041
Jane Moran White	President and chief executive officer	1 Feb 1985	25% - 50%	4338047
Thomas James Kelly	Clerk	1 Feb 1985	Other	4338057
Gary Charles Hatton	Director, chief investment officer	1 Jul 1985	25% - 50%	4338051
Robert Francis Granahan	Senior vice president	1 Jan 2004	Other	6179111
Brian S. Granahan	Chief compliance officer	1 Aug 2004	Other	4937843

Based in Waltham

The principal office where Granahan Investment Management Inc performs its advisory services is located at 404 Wyman Street, Suite 460, Waltham, MA 02451, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 781-890-4412 or by fax 781-890-6427. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at granahan.com.