{
  "crd_number": 110761,
  "slug": "grace-and-white-inc-new-york-ny-110761",
  "primary_business_name": "GRACE & WHITE, INC",
  "legal_name": "GRACE & WHITE, INC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1977-05-13",
  "years_registered": 49,
  "period": "2026-10-01",
  "filing_date": "2026-05-08",
  "carried_forward": false,
  "raum_total": 964199268.0,
  "raum_discretionary": 964199268.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 4786579.0,
      "count": 2,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 8163373.0,
      "count": 22
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 28560394.0,
      "count": 5
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 912156831.0,
      "count": 156
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 10532091.0,
      "count": 2,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110761",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/grace-and-white-inc-new-york-ny-110761",
  "display_name": "Grace & White, Inc",
  "summary": "Grace & White, Inc is an SEC-registered investment advisory firm in New York, NY, registered since 1977, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 8, 2026.",
  "citation": "AdvisorCensus. Grace & White, Inc (CRD 110761): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Grace & White, Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Grace & White, Inc reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Grace & White, Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated May 8, 2026 states: Up to $1,000,000: 1% a year; Above $1,000,000: 0.6% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Grace & White, Inc located?",
      "a": "Grace & White, Inc's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Grace & White, Inc registered with the SEC or a state?",
      "a": "Grace & White, Inc is an SEC-registered investment advisory firm, registered since 1977. Status as filed: Approved. CRD 110761."
    },
    {
      "q": "How much does Grace & White, Inc manage?",
      "a": "Grace & White, Inc reports $964,199,268 in regulatory assets under management in its Form ADV filing dated May 8, 2026 (100% discretionary)."
    },
    {
      "q": "How have Grace & White, Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Grace & White, Inc: Regulatory assets under management: $871,287,038 in the October 2021 data and $964,199,268 in the October 2026 data, up 11%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Grace & White, Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (156); individuals (other than high net worth individuals) (22); pension and profit sharing plans (but not the plan participants or government pension plans) (5)."
    },
    {
      "q": "Which custodians does Grace & White, Inc use?",
      "a": "Grace & White, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Ascent Private Capital Management of U.S. Bank, Butterfield Trust (Bermuda) Limited and Tocqueville Securities L.P. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Grace & White, Inc 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/110761"
    },
    {
      "q": "Does Grace & White, Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated May 8, 2026 says: \"Grace & White has a required minimum account size of $1 million; however this minimum may be waived.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 871287038.0,
      "total_employees": 5,
      "filing_date": "2021-05-19"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 899952865.0,
      "total_employees": 5,
      "filing_date": "2022-05-20"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 897789865.0,
      "total_employees": 5,
      "filing_date": "2023-05-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 948347832.0,
      "total_employees": 5,
      "filing_date": "2024-05-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 920688699.0,
      "total_employees": 5,
      "filing_date": "2025-05-08"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 964199268.0,
      "total_employees": 5,
      "filing_date": "2026-05-08"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 8, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $1,000,000",
        "rate": "0.6%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $1,000,000: 1% a year",
          "Above $1,000,000: 0.6% a year"
        ],
        "quotes": [
          "1.00% of the first $1 million of assets under management\n.60% of the excess over $1 million of assets under management"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Grace & White has a required minimum account size of $1 million; however this minimum may be waived."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 1000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 1000000.0,
          "max": null,
          "rate_pct": 0.6
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "1.00% of the first $1 million of assets under management\n.60% of the excess over $1 million of assets under management",
      "Grace & White has a required minimum account size of $1 million; however this minimum may be waived."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Ascent Private Capital Management of U.S. Bank",
      "name_as_filed": "ASCENT PRIVATE CAPITAL MANAGEMENT OF U.S. BANK",
      "affiliated": false
    },
    {
      "name": "Butterfield Trust (Bermuda) Limited",
      "name_as_filed": "BUTTERFIELD TRUST (BERMUDA) LIMITED",
      "affiliated": false
    },
    {
      "name": "Tocqueville Securities L.P.",
      "name_as_filed": "TOCQUEVILLE SECURITIES L.P.",
      "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/grace-and-white-inc-new-york-ny-110761.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 22,
      "fewer_than_5": false,
      "raum": 8163373.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 156,
      "fewer_than_5": false,
      "raum": 912156831.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 28560394.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 4786579.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 10532091.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/110761",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}