Grandeur Peak Global Advisors, LLC (Salt Lake City)


Grandeur Peak Global Advisors, LLC is a large advisory firm based in Salt Lake City. It manages $3.37 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Utah.

Grandeur Peak Global Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Grandeur Peak Global Advisors: assets under management

The assets under management (AUM) of Grandeur Peak Global Advisors, LLC is $3.37 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 9005% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.37 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $306.25 million each.
Grandeur Peak Global Advisors has custody of $364.23 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Grandeur Peak Global Advisors, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Grandeur Peak Global Advisors serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Grandeur Peak Global Advisors is investment companies with 7 clients and $2.49 billion of assets under management. Among the 10 most similar advisory firms, Grandeur Peak Global Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2.86 billion for 9 clients. None of the firm’s clients are foreign persons or businesses.

Grandeur Peak Global Advisors also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Grandeur Peak Global Advisors, LLC

The company employs 37 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gardiner Grandeur Talents Llc Member 1 May 2011 25% - 50% 45-3303151
Robert Thatcher Gardiner Ceo, director 1 May 2011 25% - 50% 2305074
Blake Harold Walker Cio, evp, director 1 May 2011 25% - 50% 5258360
Eric W Huefner President, coo, chief compliance officer, director 1 May 2011 25% - 50% 5239851
Robert Thatcher Gardiner Ceo, director 1 Jul 2011 Other 2305074
Blake Harold Walker Cio, evp, director 1 Jul 2011 25% - 50% 5258360
Eric W Huefner President, coo, chief compliance officer, director 1 Jul 2011 25% - 50% 5239851
Gardiner Grandeur Talents Llc Member 1 Jul 2011 25% - 50% 45-3303151
Eric William Huefner President, coo, chief compliance officer, director 1 Jul 2011 25% - 50% 5239851
Blake Harold Walker Ceo, director 1 Jan 2017 25% - 50% 5258360

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
The Robert T. Gardiner Family Trust Member 1 Sep 2011 50% - 75% xxx-xx-xxxx
The Susanne B. Gardiner Family Trust Member 1 Sep 2011 50% - 75% xxx-xx-xxxx
Robert Thatcher Gardiner Manager 1 Sep 2011 Other 2305074
Susanne Barth Gardiner Manager 1 Sep 2011 Other 6040506
The Gardiner Grandeur Trust Member 1 Jun 2012 75% - 100% 45-3303151
Eric W Huefner Trustee 1 Jun 2012 Other 5239851
Eric William Huefner Trustee 1 Jun 2012 Other 5239851
Susanne M Hackett Trustee 1 Dec 2017 Other xxx-xx-xxxx
Benjamin R Gardiner Trustee 1 Dec 2017 Other xxx-xx-xxxx
Grace T Gardiner Trustee 1 Dec 2017 Other xxx-xx-xxxx

Based in Salt Lake City

The principal office where Grandeur Peak Global Advisors, LLC performs its advisory services is located at 136 S Main St, Salt Lake City, UT 84101, 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 801-384-0000 or by fax 801-384-0800. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at grandeurpeakglobal.com.