DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

G••••••• I••••••••• M••••••••• L••

Other adviserWaltham, MassachusettsCRD 107745SEC 801-23705websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Apr 2, 2012 · 26 filings
SEC status approved since Mar 18, 1985
RAUM
$2.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
3.6%
$84.3M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
20
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$2.4B as of Mar 26, 2026
Apr 2, 2012$2.7B then
HNW client RAUM$84.3M as of Mar 26, 2026
Apr 20, 2018$110M then
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Apr 2, 20120 then
Employees (5.A)20 as of Mar 26, 2026
Apr 3, 201317 then
Private funds1 as of Mar 20, 2025
Apr 2, 20121 then
RAUM -3.6% over the last fiscal year-11% a year over threeIARs 1 to 0
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$31.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
28%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-3.6%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$841M36%
  • Investment companies$533M23%
  • State and municipal entities$315M13%
  • Charitable organizations$295M12%
  • Corporations and businesses$235M10.0%
  • High-net-worth individuals$84.3M3.6%
  • Pension and profit-sharing plans$58.5M2.5%
Individual clients
0reported
HNW clients
43reported
Pension plan clients
2reported
Charitable clients
9reported
Accounts
74reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.04 fund_share=0.58 institutional_share=0.28 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      G•• S•••• C•• D••••••••• L••Other Private Fund$3.0M5Apr 2, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B•••• A•••••• L•••• · Managing Directorcontrol
        since 01/2018 · owns less than 5%
      • G•••••••• B••••• S• · Chief Compliance Officercontrol
        since 08/2004 · owns less than 5%
      • P•••••••• J•••••••• M• · Clerkcontrol
        since 04/2019 · owns less than 5%
      • R•••• D••••• M•••••• · Managing Directorcontrol
        since 01/2015 · owns less than 5%
      • W••••• J•••• M•••• · President And Chief Executive Officercontrol
        since 02/1985 · owns less than 5%
      Entity owners
      • G•• H•••••••• I•• · Managing Member
        direct · owns 75% or more
      • W•••• M•••••••• I•••••••• G••••• L••• · Shareholder
        indirect · owns 75% or more of W• H••••• •••••••• L••• · public reporting company
      • W• H••••• •••••••• L••• · Shareholder
        indirect · owns 75% or more of W• I••••••••• H•••••••• L•••
      • W• I••••••••• H•••••••• L••• · Shareholder
        indirect · owns 75% or more of W• R••••• L•••
      • W• R••••• L••• · Member
        indirect · owns 75% or more of K••• I••••••••• M••••••••• L•• · public reporting company
      • K••• I••••••••• M••••••••• L•• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • business activity changedChange between filings · filing Mar 26, 2026
        advises private funds (Item 7.B): yes on the filing of 2025-03-20, no on the filing of 2026-03-26
        peers: other advisers, $1B to $5B (247)
      • custody status changedChange between filings · filing Mar 26, 2026
        custody of client assets (Item 9.A): yes on the filing of 2025-03-20, no on the filing of 2026-03-26
        peers: other advisers, $1B to $5B (247)
      What changed
      consecutive filings, newest first
      • Accounts · 85 to 74
        Mar 20, 2025 to Mar 26, 2026
      • Advisory employees · 9 to 8
        Mar 20, 2025 to Mar 26, 2026
      • Charity clients · 10 to 9
        Mar 20, 2025 to Mar 26, 2026
      • Corporate clients · 13 to 11
        Mar 20, 2025 to Mar 26, 2026
      • HNW clients · 41 to 43
        Mar 20, 2025 to Mar 26, 2026
      • Individual clients · unset to 0.0
        Mar 20, 2025 to Mar 26, 2026
      • Pension plan clients · 6 to 2
        Mar 20, 2025 to Mar 26, 2026
      • Pooled vehicle clients · 7 to 3
        Mar 20, 2025 to Mar 26, 2026
      • Assets in custody · 1795734.0 to unset
        Mar 20, 2025 to Mar 26, 2026
      • Custody of client assets · true to false
        Mar 20, 2025 to Mar 26, 2026
      • Insurance-licensed employees · 1 to 0
        Mar 20, 2025 to Mar 26, 2026
      • State-registered IARs · 1 to 0
        Mar 20, 2025 to Mar 26, 2026
      • Private funds · 1 to unset
        Mar 20, 2025 to Mar 26, 2026
      • Discretionary RAUM · $2.5B to $2.4B
        Mar 20, 2025 to Mar 26, 2026
      • HNW RAUM · $76.3M to $84.3M
        Mar 20, 2025 to Mar 26, 2026
      • Individual RAUM · unset to 0.0
        Mar 20, 2025 to Mar 26, 2026
      • Pension RAUM · $101M to $58.5M
        Mar 20, 2025 to Mar 26, 2026
      • Pooled vehicle RAUM · $829M to $841M
        Mar 20, 2025 to Mar 26, 2026
      • RAUM · $2.5B to $2.4B
        Mar 20, 2025 to Mar 26, 2026
      • Accounts · 98 to 85
        Mar 26, 2024 to Mar 20, 2025
      • Advisory employees · 8 to 9
        Mar 26, 2024 to Mar 20, 2025
      • Corporate clients · 20 to 13
        Mar 26, 2024 to Mar 20, 2025
      • HNW clients · 40 to 41
        Mar 26, 2024 to Mar 20, 2025
      • Pension plan clients · 8 to 6
        Mar 26, 2024 to Mar 20, 2025
      • Pooled vehicle clients · 8 to 7
        Mar 26, 2024 to Mar 20, 2025
      • Assets in custody · $3.0M to $1.8M
        Mar 26, 2024 to Mar 20, 2025
      • Financial planning clients · 0 to 0
        Mar 26, 2024 to Mar 20, 2025
      • Discretionary RAUM · $3.1B to $2.5B
        Mar 26, 2024 to Mar 20, 2025
      • HNW RAUM · $66.7M to $76.3M
        Mar 26, 2024 to Mar 20, 2025
      • Pension RAUM · $323M to $101M
        Mar 26, 2024 to Mar 20, 2025
      • Pooled vehicle RAUM · $1.0B to $829M
        Mar 26, 2024 to Mar 20, 2025
      • RAUM · $3.1B to $2.5B
        Mar 26, 2024 to Mar 20, 2025
      • Advisory employees · 7 to 8
        Oct 2, 2023 to Mar 26, 2024
      • Charity clients · 9 to 10
        Oct 2, 2023 to Mar 26, 2024
      • Corporate clients · 23 to 20
        Oct 2, 2023 to Mar 26, 2024
      • HNW clients · 38 to 40
        Oct 2, 2023 to Mar 26, 2024
      • Pension plan clients · 9 to 8
        Oct 2, 2023 to Mar 26, 2024
      • Pooled vehicle clients · 7 to 8
        Oct 2, 2023 to Mar 26, 2024
      • Assets in custody · $5.7M to $3.0M
        Oct 2, 2023 to Mar 26, 2024
      • Employees · 19 to 20
        Oct 2, 2023 to Mar 26, 2024
      Signals
      8 dated events
      • G••••••• I••••••••• M••••••••• L•• reported RAUM $3.3B, down 33% from $5.0B (2022-03-28 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Charles Gary Hatton (Director, Chief Investment Officer) no longer on Schedule A of G••••••• I••••••••• M••••••••• L•• (listed 2021-06-01, absent 2021-12-24)
        Dec 24, 2021 · Control person left · inference
      • Lloyd Andrew Beja (Managing Director) appeared on Schedule A of G••••••• I••••••••• M••••••••• L••
        Apr 7, 2021 · Control person joined · fact
      • G••••••• I••••••••• M••••••••• L•• reported RAUM $4.6B, up 107% from $2.2B (2020-04-03 to 2021-04-07)
        Apr 7, 2021 · RAUM change · derived
      • Michael David Rose (Managing Director) appeared on Schedule A of G••••••• I••••••••• M••••••••• L••
        Apr 7, 2021 · Control person joined · fact
      • M Jennifer Pawloski (Clerk) appeared on Schedule A of G••••••• I••••••••• M••••••••• L••
        Apr 3, 2020 · Control person joined · fact
      • Joseph John Granahan (Chairman) no longer on Schedule A of G••••••• I••••••••• M••••••••• L•• (listed 2018-04-20, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • G••••••• I••••••••• M••••••••• L•• reported RAUM $1.9B, up 41% from $1.4B (2018-04-20 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/granahan-investment-management-inc.reportedpublic record, Form ADV, Sep 18, 2026
      Website
      G•••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      781-890-4412reportedpublic record, Form ADV, Mar 26, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Other adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026