Grimes & Company Wealth Management, Llc
SEC-registered
Wealth Manager · Mid-sized ($1B–$10B)
CRD 109420
· SEC file 801-57193
· Westborough, MA
· www.linkedin.com
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ADV data as of Mar 28, 2026
- Regulatory AUM
- $6.3B
- Discretionary
- $6.1B
- Clients
- 3,764
- Avg AUM / client
- $1.7M
- Accounts
- 9,842
- Employees
- 69
AUM over time
$1.2B
$6.3B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 28, 2026
Investments (13F portfolio — 449 positions, $4,623,178,706)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Vanguard Index Fds | SMALL CP ETF | $357,187,392 | 1,178,370 | 7.73% | 5.67% |
| 2 | Ishares Tr | CORE MSCI EAFE | $355,134,690 | 3,677,104 | 7.68% | 5.64% |
| 3 | Ishares Inc | CORE MSCI EMKT | $209,023,758 | 2,523,223 | 4.52% | 3.32% |
| 4 | Ishares Tr | CORE S&P500 ETF | $193,806,987 | 258,792 | 4.19% | 3.08% |
| 5 | Select Sector Spdr Tr | ST STR TECHN ETF | $176,284,673 | 925,282 | 3.81% | 2.8% |
| 6 | Ishares Tr | IBOXX HI YD ETF | $175,064,498 | 2,189,127 | 3.79% | 2.78% |
| 7 | Spdr Series Trust | ST TERM HIGH ETF | $170,671,161 | 6,818,664 | 3.69% | 2.71% |
| 8 | Spdr Series Trust | ST BLOO HIGH ETF | $157,882,759 | 1,638,298 | 3.42% | 2.51% |
| 9 | John Hancock Exchange Traded | MLTFCTR LRG CAP | $135,127,196 | 1,515,219 | 2.92% | 2.15% |
| 10 | Apple Inc | COM | $123,271,029 | 426,013 | 2.67% | 1.96% |
| 11 | Nvidia Corporation | COM | $68,767,444 | 343,683 | 1.49% | 1.09% |
| 12 | Microsoft Corp | COM | $66,196,610 | 177,461 | 1.43% | 1.05% |
| 13 | Taiwan Semiconductor Manufac | SPONSORED ADS | $64,381,618 | 134,811 | 1.39% | 1.02% |
| 14 | Select Sector Spdr Tr | ST STR INDL ETF | $62,206,426 | 335,833 | 1.35% | 0.99% |
| 15 | Vanguard Index Fds | GROWTH ETF | $60,589,932 | 703,389 | 1.31% | 0.96% |
| 16 | Select Sector Spdr Tr | ST STR CARE ETF | $53,946,448 | 340,013 | 1.17% | 0.86% |
| 17 | Advanced Micro Devices Inc | COM | $52,200,478 | 89,860 | 1.13% | 0.83% |
| 18 | Vaneck Etf Trust | HIGH YLD MUNIETF | $49,901,000 | 968,763 | 1.08% | 0.79% |
| 19 | Alphabet Inc | CAP STK CL A | $47,466,384 | 132,821 | 1.03% | 0.75% |
| 20 | Applied Matls Inc | COM | $45,417,576 | 62,818 | 0.98% | 0.72% |
| 21 | American Centy Etf Tr | AVANTIS US LARG | $44,390,202 | 493,444 | 0.96% | 0.7% |
| 22 | Select Sector Spdr Tr | ST STR SVC ETF | $41,836,506 | 390,521 | 0.9% | 0.66% |
| 23 | Amazon Com Inc | COM | $41,744,677 | 175,147 | 0.9% | 0.66% |
| 24 | Invesco Exchange Traded Fd T | S&P500 EQL WGT | $41,024,389 | 192,811 | 0.89% | 0.65% |
| 25 | Invesco Exchange Traded Fd T | RAFI US 1000 ETF | $40,304,008 | 745,956 | 0.87% | 0.64% |
Top 25 of 449 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,877 | $878M | 13.9% |
| High net worth individuals | 1,783 | $4.9B | 77.8% |
| Pension and profit sharing plans | 41 | $248M | 3.94% |
| Charitable organizations | 26 | $120M | 1.91% |
| State or municipal government entities | Fewer than 5 clients | $526K | 0.01% |
| Other investment advisers | Fewer than 5 clients | $54.6M | 0.87% |
| Corporations and other businesses | 37 | $93.8M | 1.49% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Richard Lundgren, Inc. 401(k) Plan Richard Lundgren, Inc. | 2024 |
People (42)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Timothy John Grimes | Founder And Chairman | Apr 1997 (29y) | 10% – 25% | |
| Grimes, Carolyn, Fields | Director | Nov 1999 (27y) | Less than 5% | |
| Kevin Timothy Grimes | Chief Executive Officer And Chief Investment Officer | CFP CFA | Jan 2000 (27y) | 10% – 25% |
| Emily Grimes Wood | Director | CFP | Dec 2002 (24y) | 5% – 10% |
| Connolly, Gerald, Stephen | Trustee | Jan 2016 (11y) | ≈ 25% – 56.25% via Timothy J Grimes Dynasty Trust | |
| Davide, Michael, Joseph | Chief Compliance Officer | Jul 2016 (10y) | Less than 5% | |
| Benjamin Browning Wallace | Registered representative | CFA | Feb 2003 (23y) | |
| Thomas Albert Grimes | Registered representative | CFP | Dec 2003 (23y) | |
| James Michael Grenon | Registered representative | Aug 2006 (20y) | ||
| Joseph John Benoit | Registered representative | CFA | Mar 2007 (19y) | |
| Adam Robert Jacobs | Registered representative | CFP CFA | Feb 2010 (16y) | |
| Maureen Fields Pasciucco | Registered representative | CFA | Jan 2014 (13y) | |
| Jae Song | Registered representative | CFA | Feb 2014 (12y) | |
| Janelle Leah Coulman | Registered representative | CFP | Apr 2014 (12y) | |
| Laurie Denise Littlefield | Registered representative | Jun 2014 (12y) | ||
| Jordan Alan Letendre | Registered representative | CFP | Jul 2014 (12y) | |
| Jennifer Ann Moran | Registered representative | CFP | Dec 2014 (12y) | |
| James Joseph Barrett | Registered representative | CFP | Jun 2017 (9y) | |
| Christopher Sean Deeley | Registered representative | CFA | Dec 2017 (9y) | |
| Thomas Adam Clark | Registered representative | Jun 2018 (8y) | ||
| Justin C Davis | Registered representative | CFP | Apr 2019 (7y) | |
| Karen Patricia Kelly | Registered representative | CFP | Jan 2021 (6y) | |
| David Richard Roberts | Registered representative | CFP | Apr 2021 (5y) | |
| Gordon James Thomas | Registered representative | CFP | Jun 2021 (5y) | |
| Molly Grimes Welch | Registered representative | CFP CFA | Oct 2021 (5y) | |
| Timothy Douglas Rheaume | Registered representative | CFP CFA | Jan 2022 (5y) | |
| Todd Andrew Herman | Registered representative | CFP | May 2022 (4y) | |
| Cody James Forbush | Registered representative | CFP | Sep 2022 (4y) | |
| Patricia Louise Lavoie | Registered representative | CFP | Feb 2023 (3y) | |
| Michael Robert Maguire | Registered representative | CFP Chartered Financial Consultant | Jun 2023 (3y) | |
| Tom Oneal French | Registered representative | Mar 2024 (2y) | ||
| David Luke Barlow | Registered representative | CFP | Sep 2024 (2y) | |
| Sean Thomas Donovan | Registered representative | CFP | Oct 2024 (2y) | |
| Eleanor Mary Kreitler | Registered representative | CFP | Mar 2025 (1y) | |
| Matthew Stephen Morse | Registered representative | CFA | Jun 2025 (1y) | |
| Thomas Vincent Dunlap | Registered representative | CFA | Jul 2025 (1y) | |
| Sean Robert Kommerstad | Registered representative | Chartered Financial Consultant | Nov 2025 (1y) | |
| Matthew Louis Licata | Registered representative | Dec 2025 (1y) | ||
| Brendan Richard Shea | Registered representative | CFP | Mar 2026 (0y) | |
| Patrick Dominic Melvin | Registered representative | CFP | Mar 2026 (0y) | |
| Justin Dequan Brown | Registered representative | May 2026 (0y) | ||
| John Anthony Wilmer | Registered representative | CFP | Jun 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Timothy J Grimes Dynasty Trust | Trust | Mar 2003 | A | 50% – 75% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Connolly, Gerald, Stephen: 50% – 75% of Timothy J Grimes Dynasty Trust × 50% – 75% direct ≈ 25% – 56.25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Richard Lundgren, Inc. 401(k) Plan | Richard Lundgren, Inc. | 267 | $10.1M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/28/2026 | 1.34 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- National Financial Services (Fidelity) $3.5B (56% of AUM) Mar 2026
- Charles Schwab & Co. $2.5B (39% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 28, 2026.
View current Form ADV (SEC/IAPD) ↗