Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $2.0M | 1.00% |
| $2.0M - $7.0M | 0.75% |
| $7.0M - $10.0M | 0.65% |
| $10M+ | 0.50% |
Multiple client accounts are aggregated for fee calculation purposes. Specific fee paid may differ from the published schedule if agreed to in advance. Fees may be waived or reduced based on certain criteria.
Fee Estimator
Grimes charges an annual fee based on a percentage of your assets under management. For example, the fee is 1.25% on the first $500,000, then it decreases as your portfolio grows. These fees are paid quarterly. Grimes generally requires a minimum asset level of $500,000 for investment advisory services, but this may be waived at their discretion. Clients referred through Schwab or Fidelity generally have a $1,000,000 minimum.
Areas of Practice
Advisor Information
Office location
One Technology Drive, Suite 100, Westborough, MA, 01581
Get directionsRegulatory 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
James is a fixed insurance sales agent, dedicating minimal time to this activity. He is also an Investment Advisor Representative (IAR) with Grimes & Company Inc, spending full-time hours on this role, and a member of GGC&W, LLC for internal accounting of fixed insurance commissions with no current duties. James also serves on the board of directors for BankHometown and Worcester Regional Research Bureau.