New York, NY Liberty Street Office

Grandfield & Dodd provides customized investment advisory and portfolio management services to individuals, families, trusts, estates, foundations, retirement plans, and a small number of not-for-profit institutions. The firm generally manages accounts on a discretionary basis and typically requires a minimum relationship size of $1 million, with some exceptions at the firm’s discretion.

The firm’s investment approach centers on long-term, fundamental equity analysis and diversified portfolios intended to preserve and enhance clients’ real purchasing power, with tax and estate considerations integrated into investment decisions. The brochure notes that Grandfield & Dodd does not present a separate financial planning service; instead, financial- and estate-planning topics are discussed and incorporated into portfolio management, and the firm accommodates client-directed social or environmental restrictions on investments.

Distinctive aspects include managing roughly $2.2 billion for about 740 client relationships while operating with a compact, experienced investment team and internal fixed-income and trading capabilities. The firm also emphasizes formal proxy-voting practices, the ability to aggregate block trades and participate in municipal bond transactions, and explicit procedures to address soft-dollar relationships and conflicts of interest.