Grossman, Lawrence I (Benicia)

Name: Grossman, Lawrence I
Address: 940 Adams Street, Suite L, Benicia, CA, 94510
Telephone: (707) 745-8756

Grossman, Lawrence I is an adviser based in Benicia. It manages $69.6 million of regulatory assets for 76 client accounts. It has been registered with the SEC as an adviser since 2004.

Grossman, Lawrence I provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Grossman, Lawrence I: assets under management

The assets under management (AUM) of Grossman, Lawrence I is $69.6 million. The firm's AUM has grown by 174% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $68 million in discretionary accounts and $1.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $906.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.6 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Grossman, Lawrence I for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Grossman, Lawrence I

Grossman, Lawrence I is owned by Lawrence I Grossman. Lawrence I. Grossman joined the executive team most recently as the Owner, Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence I Grossman	Owner	1 Oct 1997	75% - 100%	2250720
Lawrence I. Grossman	Owner, cco	1 Oct 1997	75% - 100%	2250720

Based in Benicia

The principal office where Grossman, Lawrence I performs its advisory services is located at 940 Adams Street, Suite L, Benicia, CA 94510, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (707) 745-8756 or by fax (707) 745-8723. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.grossmanfinancial.com.