Adviceone Advisory Services, LLC
AdviceOne Advisory Services, LLC is a SEC-registered investment advisor headquartered in Glastonbury, Connecticut. Founded in December 1999, it is wholly owned by Michael P. Grossman. The firm employs approximately 46 professionals and specializes in providing investment advisory and portfolio management services primarily to individuals, high net worth individuals, and nonprofit organizations. AdviceOne is known for its expertise in serving technical professionals, especially engineers and executives in the defense, aerospace, and technology industries. As of December 31, 2024, it manages over $1.6 billion in assets on a discretionary basis.
Investment Strategy
AdviceOne employs a discretionary investment advisory approach, working closely with clients to determine their investment objectives, risk tolerance, asset allocation goals, and time horizon. The firm provides ongoing portfolio management, customized to individual needs, and utilizes asset allocation strategies designed to manage risk and optimize returns. Emphasizing a disciplined process, AdviceOne offers financial planning and investment solutions tailored for professionals in the defense, aerospace, and technology sectors, while recognizing that all investing involves risk and performance is not guaranteed.
Top Holdings
Equity Positions (32)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R RTX | RTX CORPORATION | 59.76% | $81.0M | 554,604 | $117.09 | $146.02 | +$8.1M |
C CARR | CARRIER GLOBAL CORPORATION | 12.58% | $17.0M | 232,830 | $68.26 | $73.19 | +$2.0M |
O OTIS | OTIS WORLDWIDE CORP | 10.45% | $14.2M | 143,049 | $92.65 | $99.02 | -$502.2K |
T TSLA | TESLA INC | 4.70% | $6.4M | 20,055 | $397.93 | $317.66 | +$1.5M |
A AAPL | APPLE INC | 2.08% | $2.8M | 13,713 | $248.26 | $205.17 | -$118.3K |