Granite Capital Wealth Management LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Granite Capital Wealth Management LLC is a state-registered investment adviser managing about $30 million for roughly 45 clients, primarily individual and high-net-worth investors. The firm offers individually tailored investment management, acts as a sub-advisor to other advisers, and serves as manager of a private fund.
Its investment approach is built around a proprietary options-oriented strategy that sells out-of-the-money option spreads on equity indices, uses portfolio margin, and maintains complementary hedges and active position monitoring; the strategy can also include equity, bond, and Treasury holdings to utilize available cash. For qualified high-net-worth clients the firm offers custom-tailored portfolios with performance-linked compensation and provides examples of its performance calculations and strategy risks in its disclosure materials.
Notable and less common features for a firm of this size include operating a private fund with a private placement memorandum, disclosing and illustrating performance and hypothetical results in its materials, an ownership affiliation with another registered adviser, and the use of performance-based fee arrangements for certain clients. The firm also accepts limited custody in the context of the private fund and fee withdrawals and discloses procedures intended to address conflicts that may arise from block trading and side‑by‑side management.
Client services
Expertise
Fee options
$0+: 0.745% per quarter (2.98% per year) $1,100,000+: 1.50% base management fee plus 15% performance fee for qualified clients
15% of net returns annually for qualified clients
Account minimum: $500,000
Main office
Huntington Beach CA
Advisors at this office
2
Most active in
Arizona · California · Texas
Also doing business as
Granite Capital Wealth Management LLC · Option Edge Capital Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Raelyn A
Series 65
Huntington Beach, CA
Granite Capital Wealth Management LLC
Raelyn Andresen is a financial advisor at Granite Capital Wealth Management LLC with one year of industry experience. She holds a Series 65 designation and has worked at Granite Capital Wealth Management since 2022. Outside of her advisory role, she manages operations at Aladdan Construction. Granite Capital Wealth Management LLC is a state-registered investment adviser managing approximately $30 million for about 45 individual and high-net-worth clients. The firm employs a proprietary options-oriented investment strategy and offers customized portfolios with performance-linked compensation for qualified clients.
David A
Series 65
Huntington Beach, CA
Granite Capital Wealth Management LLC
David Andresen is a financial advisor with Granite Capital Wealth Management LLC in Goodyear, AZ. He holds a Series 65 registration and has five years of industry experience. Prior to joining Granite Capital, he worked at M5 Capital Management LLC and M5 Capital Investments LP for 12 years each. Outside of advisory services, he is co-owner of Aladdan Construction Corp. Granite Capital Wealth Management provides individualized portfolio management to individuals, high-net-worth clients, and corporate entities, and serves as a sub-advisor to other registered advisers. The firm manages a private fund using a proprietary options-focused strategy that emphasizes active trading and risk management.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)