# Grimes & Company

> Grimes & Company is an SEC-registered investment advisory firm in Westborough, MA, registered since 2000, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 109420
- Filed as: GRIMES & COMPANY
- Legal name: Grimes & Company Wealth Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westborough, MA
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109420
- AdvisorCensus page: https://advisorcensus.com/firm/grimes-and-company-westborough-ma-109420

## Quick answers

**How is Grimes & Company compensated?**
On its Form ADV (Item 5.E, October 2026), Grimes & Company reports these compensation arrangements: a percentage of assets under its management.

**How much does Grimes & Company charge?**
Its Form ADV Part 2A brochure dated August 25, 2026 states: Up to $500,000: 1.25% a year; $500,000.01 to $2,000,000: 1% a year; $2,000,000.01 to $7,000,000: 0.75% a year; $7,000,000.01 to $10,000,000: 0.65% a year; Above $10,000,000.01: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Grimes & Company located?**
Grimes & Company's principal office is in Westborough, MA, according to its Form ADV; the October 2026 filing also lists 12 other offices (Schedule D, Section 1.F).

**Is Grimes & Company registered with the SEC or a state?**
Grimes & Company is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 109420.

**How much does Grimes & Company manage?**
Grimes & Company reports $6,298,759,513 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (97% discretionary).

**How have Grimes & Company's assets and staff changed since 2021?**
In the Form ADV data for Grimes & Company: Regulatory assets under management: $3,459,680,646 in the October 2021 data and $6,298,759,513 in the October 2026 data, up 82%. Total employees: 37 in October 2021 and 69 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Grimes & Company serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,877); high net worth individuals (1,783); pension and profit sharing plans (but not the plan participants or government pension plans) (41).

**Which custodians does Grimes & Company use?**
Grimes & Company's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Grimes & Company 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/109420

**What changed in Grimes & Company's recent Form ADV filings?**
In the September 2026 filing data: 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

### Fees and minimums (Form ADV Part 2A brochure dated August 25, 2026)

- Up to $500,000: 1.25% a year
- $500,000.01 to $2,000,000: 1% a year
- $2,000,000.01 to $7,000,000: 0.75% a year
- $7,000,000.01 to $10,000,000: 0.65% a year
- Above $10,000,000.01: 0.5% a year

> Annual management fees are calculated as a percentage (%) of the market valuation of assets under management, generally in accordance with the following published schedule of fees.

> Under $500,000 1.25% $500,000.01- $2,000,000 1.00% $2,000,000.01- $7,000,000 0.75% $7,000,000.01- $10,000,000 0.65% Over $10,000,000.01 0.50%

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.
- National Financial Services LLC

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: $6,298,759,513
- Discretionary: $6,122,963,410
- Non-discretionary: $175,796,103

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,877 | $877,949,502 |
| High net worth individuals | 1,783 | $4,903,565,756 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 41 | $248,057,700 |
| Charitable organizations | 26 | $120,219,330 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $525,884 |
| Other investment advisers | Fewer than 5 | $54,638,987 |
| Corporations or other businesses not listed above | 37 | $93,802,354 |

### Advisory services (Item 5.G)
- Financial planning services
- 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: 2000 (26 years)
- Employees: 69 total, 36 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Austin, TX
- Birmingham, AL
- Boca Raton, FL
- East Walpole, MA
- Omaha, NE
- Orlando, FL
- Phoenix, AZ
- Portland, ME
- Portsmouth, NH
- Sarasota, FL
- Southlake, TX
- Tampa, FL

### Websites listed on Form ADV (Item 1.I)
- grimesco.com
- Facebook @Grimes-Company-Inc-102041788573005
- LinkedIn @GRIMES-&-COMPANY
- LinkedIn @adam-clark-6119a28a
- LinkedIn @chris-deeley-a013652
- LinkedIn @cody-forbush-mba-cfp®-b8360a12
- LinkedIn @davidbarlow
- LinkedIn @davidrobertsne
- LinkedIn @emily-wood-b1464795
- LinkedIn @gordon-thomas-baystate
- LinkedIn @janelle-coulman-17ba4665
- LinkedIn @jaybarrett5
- LinkedIn @jennifer-a-moran-cfp®-aep®-7a046821
- LinkedIn @jordan-letendre-cfp®-59316016
- LinkedIn @joseph-hodgkins-449b4359
- LinkedIn @justin-davis-1109b390
- LinkedIn @karenpkelly
- LinkedIn @kevin-grimes-17667412
- LinkedIn @michael-grenon-9449262
- LinkedIn @michael-maguire
- LinkedIn @molly-grimes-cfp®-2707a354
- LinkedIn @neal-french-b871391
- LinkedIn @pat-melvin-cfp®-5834942b
- LinkedIn @patricia-lavoie-871955135
- LinkedIn @sam-cregg
- LinkedIn @sean-donovan-cfp3ab592
- LinkedIn @sean-kommerstad
- LinkedIn @thomas-grimes-cfp®-3606262
- LinkedIn @timothyrheaume
- LinkedIn @toddandrewherman
- LinkedIn @tom-dunlap-cfa
- YouTube @grimesandcompany

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,459,680,646 | 37 | September 15, 2021 |
| October 2022 | $4,424,601,462 | 44 | September 9, 2022 |
| October 2023 | $4,177,576,069 | 51 | September 12, 2023 |
| October 2024 | $4,850,369,010 | 37 | August 19, 2024 |
| October 2025 | $5,592,556,041 | 53 | June 13, 2025 |
| October 2026 | $6,298,759,513 | 69 | September 30, 2026 |

Regulatory assets under management: $3,459,680,646 in the October 2021 data and $6,298,759,513 in the October 2026 data, up 82%.
Total employees: 37 in October 2021 and 69 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 29 to 36.
- Regulatory assets under management went from $5,592,556,041 to $6,298,759,513 (+13%).
- Added an office in Phoenix, AZ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Grimes & Company (CRD 109420): Form ADV filing data as of October 2026.