# Griffin Asset Management, LLC

> Griffin Asset Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1971, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 25, 2026.

- CRD: 104548
- Filed as: GRIFFIN ASSET MANAGEMENT, LLC
- Also doing business as: GRIFFIN ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: February 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104548
- AdvisorCensus page: https://advisorcensus.com/firm/griffin-asset-management-llc-new-york-ny-104548

## Quick answers

**How is Griffin Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Griffin Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Griffin Asset Management, LLC located?**
Griffin Asset Management, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Griffin Asset Management, LLC registered with the SEC or a state?**
Griffin Asset Management, LLC is an SEC-registered investment advisory firm, registered since 1971. Status as filed: Approved. CRD 104548.

**How much does Griffin Asset Management, LLC manage?**
Griffin Asset Management, LLC reports $1,054,935,132 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (99% discretionary).

**How have Griffin Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Griffin Asset Management, LLC: Regulatory assets under management: $853,644,588 in the October 2021 data and $1,054,935,132 in the October 2026 data, up 24%. 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.

**What types of clients does Griffin Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (612); other investment advisers (59); charitable organizations (12).

**Which custodians does Griffin Asset Management, LLC use?**
Griffin Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Investments, Pershing LLC and UBS as custodians holding 10% or more of its separately managed account assets.

**Does Griffin Asset Management, 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/104548

**What changed in Griffin Asset Management, LLC's recent Form ADV filings?**
In the March 2026 filing data: No longer lists an office in Palm Coast, FL. Registered or notice-filed in IL, NE.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Investments
- Pershing LLC
- UBS

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: $1,054,935,132
- Discretionary: $1,045,641,369
- Non-discretionary: $9,293,763

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 612 | $682,321,316 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $7,641,716 |
| Charitable organizations | 12 | $330,495,906 |
| Other investment advisers | 59 | $34,476,194 |

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

### Firm details
- Registered since: 1971 (55 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CO, CT, DC, FL, IL, LA, MA, NC, NE, NH, NJ, NY, OH, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- griffinasset.com
- LinkedIn @28670262
- X @GRIFFINASSETMGM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $853,644,588 | 10 | July 9, 2021 |
| October 2022 | $945,320,067 | 10 | April 20, 2022 |
| October 2023 | $783,891,649 | 10 | February 23, 2023 |
| October 2024 | $902,346,474 | 10 | March 6, 2024 |
| October 2025 | $969,741,595 | 10 | February 19, 2025 |
| October 2026 | $1,054,935,132 | 10 | February 25, 2026 |

Regulatory assets under management: $853,644,588 in the October 2021 data and $1,054,935,132 in the October 2026 data, up 24%.
Total employees: 10 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- No longer lists an office in Palm Coast, FL.
- Registered or notice-filed in IL, NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Griffin Asset Management, LLC (CRD 104548): Form ADV filing data as of October 2026.