Business Details
31 Years
experience
Emergency
services
Your Trusted Partner for Financial Advisory Solutions
Founded in 1995, Griffin Asset has established itself as a trusted independent registered investment advisor headquartered in New York City. Our firm was built on the principle of providing personalized, client-centric wealth management solutions that prioritize long-term financial success over transactional relationships. With a team averaging over 25 years of experience, we combine deep industry expertise with a fiduciary commitment to transparency and integrity. Our approach integrates customized portfolio construction, separately managed accounts, and comprehensive wealth planning services tailored to high-net-worth individuals, families, and institutions. We maintain a disciplined focus on risk-adjusted returns through four core investment strategies while consistently achieving a 95% client retention rate.Our values of exceeding client expectations, maintaining transparency, and fostering mutual respect have enabled us to grow our assets under management to over $1 billion globally. As industry veterans with backgrounds at leading financial institutions, we bring institutional-grade research and ethical economic guidance to every client relationship. Our 24/7/365 access model ensures clients receive timely counsel while our fee structure remains below industry averages, reflecting our commitment to delivering exceptional value.
Services
Wealth Planning
Investment Management
Estate Planning
Tax Planning
Retirement Strategies
Charitable Giving
Insurance Needs
Portfolio Management
Risk Management
Financial Counseling
Details
- Year established: 1995
Highlights and features
- 24/7/365 access to dedicated wealth planners
- Customized portfolio construction tailored to individual needs
- Separately managed accounts for enhanced control
- Transparent fees consistently below industry averages
- 95% client retention rate since 1995
Associations and certifications
- SEC Registered Investment Advisor
Services
Wealth Planning
Our wealth planning services develop customized solutions addressing clients' financial objectives, family circumstances, and risk tolerance. We integrate estate planning, tax strategies, retirement preparation, and charitable giving into comprehensive financial roadmaps. With dedicated portfolio managers overseeing each account, our process ensures alignment with individual goals while maintaining flexibility for life's changes.
Investment Management
We construct diversified portfolios combining four core strategies with fixed income and cash alternatives. Each separately managed account receives tailored asset allocation focused on risk-adjusted returns. Our investment committee oversees strategy implementation while maintaining transparency about performance metrics and market positioning through regular client reporting.
Core Dividend Growth Strategy
This strategy prioritizes long-term capital appreciation through large and mid-cap dividend-paying stocks. We focus on companies with sustainable competitive advantages, consistent dividend growth, and conservative financial profiles. Our bottom-up approach emphasizes fundamental analysis while incorporating client-specific customization preferences into security selection decisions.
Growth at a Reasonable Price Strategy
Combining growth and value characteristics, this strategy identifies undervalued companies with sustainable earnings potential. We employ quantitative analysis across 10,000 securities to select 25-35 holdings per portfolio. Proprietary algorithms monitor earnings sustainability while maintaining flexibility for personalized investment objectives.
Covered Call Strategy
Designed for income-focused investors, this strategy combines dividend-paying equities with options writing to enhance returns. We actively manage downside protection while capturing upside potential through single-stock options. The approach targets above-market yield while maintaining defensive sector allocations to mitigate principal volatility.
People
Tom Famigletti
Founder & Vice-Chairman
With 50 years of industry experience, Tom founded Griffin Asset after leadership roles at Citigroup and Dreman Value Management. He holds a BA in Economics from Hofstra University and maintains memberships in multiple professional financial organizations.
Michael Jamison
Portfolio Manager
Bringing 30+ years of experience from institutions like Bankers Trust and Goldman Sachs, Michael leads investment strategy development. He holds economics and MBA degrees and previously served as COO at Lebenthal Asset Management.
Doug Famigletti
Portfolio Manager & CFA
A Chartered Financial Analyst with 25+ years in financial services, Doug manages dividend-focused strategies. He earned his BA from Hamilton College and spent four years on Goldman Sachs' Institutional Sales Desk before joining Griffin in 2004.
John Carey
Co-Portfolio Manager
With 40 years of investment management experience, John leads the Investment Committee. He previously served as Senior Vice President at U.S. Trust and holds dual degrees from Susquehanna University and Pennsylvania State University.
Carl Prince
Portfolio Manager
Carl brings 45 years of industry experience, including leadership roles at PaineWebber and Morgan Stanley. He specializes in dividend growth strategies and holds a BS in Accounting from Temple University.
Questions
What types of clients does Griffin Asset Management serve?
We work with high-net-worth individuals, families, institutions, and foundations globally, providing customized wealth management solutions tailored to each client's unique financial situation.
How does Griffin's investment approach differ from competitors?
Our approach combines separately managed accounts with four distinct investment strategies, emphasizing transparency, fee efficiency, and personalized portfolio construction rather than standardized products.
What fee structures do you offer?
Our fees are consistently below industry averages, with transparent pricing structures that align with the specific services and investment strategies implemented for each client relationship.
How do you handle estate and tax planning?
Our wealth planning process integrates estate planning, tax optimization strategies, and charitable giving considerations to create comprehensive financial roadmaps aligned with long-term objectives.
Can I access my portfolio 24/7?
Yes, we provide 24/7/365 access to the wealth planner overseeing your account, with regular performance reporting and opportunities for portfolio adjustments as needed.
What risk management strategies do you employ?
We utilize diversified portfolio construction, options writing strategies, and regular risk assessments to manage downside volatility while maintaining growth potential.
