Jonathan Grutman
Jonathan Grutman is a registered investment advisor at Lebenthal Global Advisors, LLC, based in New York, NY, with 16 years of industry experience. Jonathan is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 2,465 clients with $970M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.40% |
| $100K - $250K | 2.35% |
| $250K - $500K | 2.25% |
| $500K - $1.0M | 2.15% |
| $1.0M - $5.0M | 2.12% |
| $5M+ | 2.05% |
Maximum wrap fee is 2.40% (2.00% advisory fee plus 0.40% platform fee). Clients typically pay between 1.00% and 1.50%. Smaller accounts ($800,000 or less) are typically charged a flat fee, while larger accounts use a blended tiered schedule. Fees are negotiable.
Fee Estimator
Location
275 Madison Avenue, Suite 1200, New York, NY, 10016
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Jonathan is a partner/accountant at Davis & Grutman, LLP, dedicating full-time hours to this role. He is also a partner in several rental real estate LLCs, spending minimal time on these ventures, and involved with Great Masters Art Fund, LLC. Finally, Jonathan is a Registered Representative and Investment Adviser Representative with Lebenthal Financial Services Inc. and Lebenthal Global Advisors, LLC, respectively, and holds a life insurance license.
Employment History
Current Registrations
Lebenthal Global Advisors, LLC
Lebenthal Financial Services, INC.Broker
Previous Registrations
PFS Investments INC.Broker
State Registrations11 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
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