Kyle Grandstaff is a CFA-designated registered investment advisor at Colton Groome Financial Advisors, LLC, based in Asheville, NC, with 8 years of industry experience. Kyle operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 362 clients with $720M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Colton Groome Financial Advisors (CGFA) manages investment portfolios for a fee based on a percentage of the assets they manage. The specific fee is negotiated with each client, but the general range is:
- First $1,000,000 — 0.90% - 0.99%
- Next $1,500,000 ($1,000,001-$2,500,000) — 0.80% - 0.87%
- Next $2,500,000 ($2,500,001-$5,000,000) — 0.70% - 0.76%
- Next $2,500,000 ($5,000,001-$7,500,000) — 0.50% - 0.56%
- Next $2,500,000 ($7,500,001-$10,000,000) — 0.40% - 0.46%
- Above $10,000,000 — 0.25% - 0.31%
Some older accounts may have different fee schedules, ranging from 0.00% to 1% per year. There is no minimum account size, but some accounts may be subject to a minimum annual fee. CGFA may also use third-party managers, which will result in additional fees ranging from 0.12% to 0.50% per year.
Location
1127-B Hendersonville Road, Asheville, NC, 28803
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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.
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Kyle operates Healy Wealth Management LLC as a DBA for his LPL business, dedicating full-time hours. He also provides investment advisory services through IFG Advisory LLC, an independent investment advisor firm, spending full-time hours as an IAR.
Employment History
Current Registrations
Colton Groome Financial Advisors, LLC
Previous Registrations
Ifg Advisory, LLC
LPL Financial LLCBroker
Truist Advisory Services, INC.
Truist Securities, INC.Broker
State Registrations2 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.