{
  "crd_number": 172370,
  "slug": "gr-financial-group-llc-tucson-az-172370",
  "primary_business_name": "GR FINANCIAL GROUP, LLC",
  "legal_name": "GR FINANCIAL GROUP, LLC",
  "dbas": [],
  "city": "Tucson",
  "state": "AZ",
  "country": "United States",
  "cbsa_code": "46060",
  "metro": {
    "cbsa_code": "46060",
    "common_name": "Tucson",
    "msa_name": "Tucson, AZ",
    "path": "/advisors/az/tucson"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-12-05",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-08-10",
  "carried_forward": false,
  "raum_total": 1052794192.0,
  "raum_discretionary": 1052794192.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 10,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 409989060.0,
      "count": 1258
    },
    "high_net_worth_individuals": {
      "raum": 636792935.0,
      "count": 290
    },
    "corporations_other_businesses": {
      "raum": 6012197.0,
      "count": 5
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AZ",
    "CA",
    "CO",
    "FL",
    "IL",
    "MI",
    "NC",
    "NE",
    "NH",
    "NM",
    "NV",
    "OH",
    "OR",
    "SC",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://gr-financialgroup.com",
    "https://linkedin.com/company/gr-financial-group-llc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172370",
  "city_as_filed": "TUCSON",
  "url": "https://advisorcensus.com/firm/gr-financial-group-llc-tucson-az-172370",
  "display_name": "GR Financial Group, LLC",
  "summary": "GR Financial Group, LLC is an SEC-registered investment advisory firm in Tucson, AZ, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 10, 2026.",
  "citation": "AdvisorCensus. GR Financial Group, LLC (CRD 172370): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is GR Financial Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), GR Financial Group, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other."
    },
    {
      "q": "Where is GR Financial Group, LLC located?",
      "a": "GR Financial Group, LLC's principal office is in Tucson, AZ, according to its Form ADV."
    },
    {
      "q": "Is GR Financial Group, LLC registered with the SEC or a state?",
      "a": "GR Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 172370."
    },
    {
      "q": "How much does GR Financial Group, LLC manage?",
      "a": "GR Financial Group, LLC reports $1,052,794,192 in regulatory assets under management in its Form ADV filing dated August 10, 2026 (100% discretionary)."
    },
    {
      "q": "How have GR Financial Group, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for GR Financial Group, LLC: Regulatory assets under management: $733,704,123 in the October 2021 data and $1,052,794,192 in the October 2026 data, up 43%. Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does GR Financial Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,258); high net worth individuals (290); corporations or other businesses not listed above (5)."
    },
    {
      "q": "Which custodians does GR Financial Group, LLC use?",
      "a": "GR Financial Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does GR Financial Group, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/172370"
    },
    {
      "q": "Does GR Financial Group, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 12, 2026 says: \"GR Financial Group generally requires a minimum initial investment of $250,000 to open an account but does reserve the right to accept or decline a potential client for any reason in its sole discretion.\""
    },
    {
      "q": "What changed in GR Financial Group, LLC's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Registered or notice-filed in FL, MI, SC, VA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 733704123.0,
      "total_employees": 10,
      "filing_date": "2021-02-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 854122214.0,
      "total_employees": 10,
      "filing_date": "2022-06-03"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 739834966.0,
      "total_employees": 9,
      "filing_date": "2023-09-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 814799726.0,
      "total_employees": 9,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 981478466.0,
      "total_employees": 10,
      "filing_date": "2025-03-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1052794192.0,
      "total_employees": 10,
      "filing_date": "2026-08-10"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in FL, MI, SC, VA."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 12, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "GR Financial Group generally requires a minimum initial investment of $250,000 to open an account but does reserve the right to accept or decline a potential client for any reason in its sole discretion."
        ]
      }
    ],
    "quotes": [
      "GR Financial Group generally requires a minimum initial investment of $250,000 to open an account but does reserve the right to accept or decline a potential client for any reason in its sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/gr-financial-group-llc-tucson-az-172370.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1258,
      "fewer_than_5": false,
      "raum": 409989060.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 290,
      "fewer_than_5": false,
      "raum": 636792935.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 6012197.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172370",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}