# Gray Private Wealth, LLC

> Gray Private Wealth, LLC is an SEC-registered investment advisory firm in Canton, MA, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 27, 2026.

- CRD: 128547
- Filed as: GRAY PRIVATE WEALTH, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Canton, MA
- Filing period: October 2026
- Form ADV filing dated: July 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/128547
- AdvisorCensus page: https://advisorcensus.com/firm/gray-private-wealth-llc-canton-ma-128547

## Quick answers

**How is Gray Private Wealth, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Gray Private Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Gray Private Wealth, LLC located?**
Gray Private Wealth, LLC's principal office is in Canton, MA, according to its Form ADV.

**Is Gray Private Wealth, LLC registered with the SEC or a state?**
Gray Private Wealth, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 128547.

**How much does Gray Private Wealth, LLC manage?**
Gray Private Wealth, LLC reports $540,678,977 in regulatory assets under management in its Form ADV filing dated July 27, 2026 (100% discretionary).

**How have Gray Private Wealth, LLC's assets and staff changed since 2021?**
In the Form ADV data for Gray Private Wealth, LLC: Regulatory assets under management: $234,148,720 in the October 2021 data and $540,678,977 in the October 2026 data, up 131%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Gray Private Wealth, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (152); individuals (other than high net worth individuals) (110); other (25).

**Which custodians does Gray Private Wealth, LLC use?**
Gray Private Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Gray Private Wealth, LLC report any disciplinary disclosures?**
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/128547

**Does Gray Private Wealth, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 16, 2026 says: "The minimum household balance for clients is $1,000,000 subject to reduction or waiver at the sole discretion of GPW."

**What changed in Gray Private Wealth, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 4. Regulatory assets under management went from $465,414,148 to $540,678,977 (+16%). Registered or notice-filed in NY. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 16, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The minimum household balance for clients is $1,000,000 subject to reduction or waiver at the sole discretion of GPW.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $540,678,977
- Discretionary: $540,678,977
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 110 | $54,312,032 |
| High net worth individuals | 152 | $418,440,787 |
| Charitable organizations | 1 | $1,253,501 |
| Corporations or other businesses not listed above | 8 | $7,306,967 |
| Other | 25 | $59,365,690 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2018 (8 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MA, NH, NY, PA, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- grayprivatewealth.com
- LinkedIn @gray-private-wealth-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $234,148,720 | 6 | March 12, 2021 |
| October 2022 | $328,596,321 | 7 | September 22, 2022 |
| October 2023 | $324,543,914 | 8 | October 2, 2023 |
| October 2024 | $395,903,370 | 8 | February 5, 2024 |
| October 2025 | $465,414,148 | 8 | March 14, 2025 |
| October 2026 | $540,678,977 | 8 | July 27, 2026 |

Regulatory assets under management: $234,148,720 in the October 2021 data and $540,678,977 in the October 2026 data, up 131%.
Total employees: 6 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $465,414,148 to $540,678,977 (+16%).
- Registered or notice-filed in NY.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Gray Private Wealth, LLC (CRD 128547): Form ADV filing data as of October 2026.