Gryphon Financial Partners, LLC (Columbus)

Name: Gryphon Financial Partners, LLC
Address: 325 John H. Mcconnell Blvd., Columbus, OH, 43215
Telephone: 614-929-2880

Gryphon Financial Partners, LLC is a large advisory firm based in Columbus. It manages $1.04 billion of regulatory assets for 1,563 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Colorado, Florida, and 10 other states.

Gryphon Financial Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Gryphon Financial Partners: assets under management

The assets under management (AUM) of Gryphon Financial Partners, LLC is $1.04 billion. The firm's AUM has grown by 73% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $922.31 million in discretionary accounts and $115 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $665.44 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $649.73 thousand.

Gryphon Financial Partners has custody of $515.11 million in cash and securities for 251 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 34% of the total AUM. The second-largest asset type is investment and business development companies, which make up 31% of the firm’s portfolio. Investments in pooled investment vehicles form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gryphon Financial Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gryphon Financial Partners serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Gryphon Financial Partners is high net worth individuals with 223 clients and $970.58 million of assets under management. Among the 12 most similar advisory firms, Gryphon Financial Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.04 billion for 452 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Gryphon Financial Partners doesn't advise any private funds.

Careers at Gryphon Financial Partners, LLC

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate 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
Joel Jason Guth	Managing member	1 Mar 2014	75% - 100%	2529234
Catherine Zweig Cory	Managing member	1 Mar 2014	Other	2611081
Catherine E Cory	Managing member	1 Mar 2014	Other	2611081
Jean Ann Sturges	Chief compliance officer	1 Jul 2017	Other	2890761
Jean A Sturges	Chief compliance officer	1 Jul 2017	Other	2890761

Based in Columbus

The principal office where Gryphon Financial Partners, LLC performs its advisory services is located at 325 John H. Mcconnell Blvd., Columbus, OH 43215, 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 614-929-2880 or by fax 614-556-4040. The normal business hours are m-th 8-5, fri 8-4 on Other. You can find more information about the New York firm at gryphonfp.com.