Trigran Investments, Inc. (Northbrook)

Trigran Investments, Inc. is a large advisory firm based in Northbrook. It manages $674.9 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Colorado and Illinois.

Trigran Investments provides portfolio management for individuals and small businesses, 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.

Trigran Investments: assets under management

The assets under management (AUM) of Trigran Investments, Inc. is $674.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 199% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $674.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $42.18 million each.

Trigran Investments has custody of $444.07 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 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trigran Investments, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Douglas Todd Granat serves?

The only and largest group of clients of Douglas Todd Granat is pooled investment vehicles with 2 clients and $444.07 million of assets under management. Among the 10 most similar advisory firms, Trigran Investments has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $444.07 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Trigran Investments also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Trigran Investments, Inc.

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No 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.

Douglas Todd Granat has been acting as President since 1 Jun 1992. The Steven Gift Trust joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Todd Granat	Director/president	1 Jun 1992	Other	5874406
Lawrence Allen Oberman	Director/executive vice president	1 Jun 1993	Other	5874407
Steven Gasul Simon	Director/vice president	1 Jan 2003	Other	5874409
1999 Douglas Granat Revocable Trust U/T/A Dated July 20	Shareholder	1 Nov 2003	50% - 75%	xxx-xx-xxxx
2000 Lawrence Oberman Revocable Trust U/T/A Dated August 8	Shareholder	1 Nov 2003	25% - 50%	xxx-xx-xxxx
1999 Douglas T. Granat Revocable Trust U/T/A Dated July 20	Owner	1 Nov 2003	50% - 75%	xxx-xx-xxxx
2000 Lawrence A. Oberman Revocable Trust U/T/A Dated August 8	Owner	1 Nov 2003	25% - 50%	xxx-xx-xxxx
1999 Douglas Todd Granat Revocable Trust U/T/A Dated July 20	Shareholder	1 Nov 2003	50% - 75%	xxx-xx-xxxx
2000 Lawrence Allen Oberman Revocable Trust U/T/A Dated August 8	Shareholder	1 Nov 2003	25% - 50%	xxx-xx-xxxx
Bradley Fredrick Simon	Vice president/chief compliance officer/shareholder	1 Sep 2007	Other	5874390
2007 Steve Simon Revocable Trust U/A/D October 15	Shareholder	1 Jan 2008	Other	xxx-xx-xxxx
2007 Steven Simon Revocable Trust U/A/D October 15	Owner	1 Jan 2008	Other	xxx-xx-xxxx
2007 Steven Gasul Simon Revocable Trust U/A/D October 15	Shareholder	1 Jan 2008	Other	xxx-xx-xxxx
Steven Ross Monieson	Vice president	1 Dec 2011	Other	3090241
The Steven Gift Trust	Shareholder	1 Jan 2017	Other	36-6891575

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Steven Ross Monieson	Trustee	1 Nov 1988	Other	xxx-xx-xxxx
Douglas Todd Granat	Trustee	1 Jul 1999	Other	5874406
Lawrence Allen Oberman	Trustee	1 Aug 2000	Other	5874407
Steven Gasul Simon	Trustee	1 Oct 2007	Other	5874409

Based in Northbrook

The principal office where Trigran Investments, Inc. performs its advisory services is located at 630 Dundee Road, Suite 230, Northbrook, IL 60062, which is also the mailing address of the firm. An additional office of the firm is in Niwot, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-656-1640 or by fax 847-656-0060. The normal business hours are 8:00 a.m. - 5:30 p.m. on Monday - Friday.