M. Griffith Locke Investment Services Inc. (New Hartford)


M. Griffith Locke Investment Services Inc. is a large advisory firm based in New Hartford. It manages $143 million of regulatory assets for 248 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Delaware, Florida, and New York.

M. Griffith Locke Investment Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

M. Griffith Locke Investment Services: assets under management

The assets under management (AUM) of M. Griffith Locke Investment Services Inc. is $143 million. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.3 million in discretionary accounts and $23.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $631.22 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $401.69 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay M. Griffith Locke Investment Services Inc. for their services and products based on a percentage of assets under management, hourly charges, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at M. Griffith Locke Investment Services Inc.

David Thomas Griffith has been acting as President since 1 May 1973. William Fox Locke joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Thomas Griffith Financial and operations principal 1 Jul 1968 Other 230042
David Thomas Griffith President 1 May 1973 Other 230042
Mary Elizabeth Ford Corporate secretary 1 May 1994 Other 2070160
Michael Emlyn Evans Vice president 1 Dec 1994 Other 1307113
Michael Thaddeus Beck Vice president 1 Apr 1998 Other 3072657
David Thomas Griffith Chief compliance officer 1 Nov 2004 Other 230042
Mgl Associates Inc. Shareholder 1 Mar 2005 75% - 100% 20-2414223
Catherine Ann Cucharale Vice president 1 Mar 2005 Other 3054881
William Fox Locke President - investment management division 1 Apr 2005 Other 1574382

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
David Thomas Griffith Shareholder 1 Dec 2004 50% - 75% 230042
William Fox Locke Shareholder 1 Jul 2005 50% - 75% 1574382

Based in New Hartford

The principal office where M. Griffith Locke Investment Services Inc. performs its advisory services is located at 555 French Rd Bldg 2, New Hartford, NY 13413 0895, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 315-797-0130 or by fax 315-797-1872. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at mgriffithlocke.com.

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