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Granite Harbor Advisors, which currently has about $500 million in assets under management, believes it can grow to $10 billion in assets in the next 10 years, managing partner Brian Sak said. The firm initially set a plan in 2020 to hit $1 billion in assets by 2030, but the company is on pace to reach that goal by 2027. Sak is confident that the company will hit $10 billion in assets in the next decade if it continues at its current growth rate.

Our very own Brian W. Sak, CFP®, CLU®, ChFC®, has been recognized as one of Forbes Top Financial Security Professionals Best-In-State for the state of Texas, ranking at #15.

Source: Forbes.com (Awarded July 2024). Data compiled by SHOOK Research LLC based on time period from 12/31/22 - 12/31/23. NEITHER BRIAN SAK NOR GRANITE HARBOR ADVISORS PROVIDED ANY COMPENSATION IN EXCHANGE FOR PLACEMENT ON THE TOP FINANCIAL SECURITY PROFESSIONAL (FSP) RANKINGS. DATE PUBLISHED JULY 10,2024

Recently, stocks have been pulling back from their all-time highs. While many people think this might be a sign that the U.S. could finally hit a recession, Nicholas Brown, managing partner with Granite Harbor Advisors, states he has a contrarian view of this thinking. Listen to his views on the Schwab Network’s Trading 360

Couples with an age difference of 10 years or more need to have frank discussions on what retirement looks like and how to handle lifestyle changes as each person ages. Brian Sak speaks with Barron’s on why couples in this scenario should determine healthcare coverage and calculate income needs ASAP. Check out the article here:

"The Fed is going to keep rates where they are for longer than the market expects, barring some significant change in the economic data that we're getting," said Nicholas Brown, partner at Granite Harbor Advisors.

Local wealth management firm Granite Harbor Advisors has moved its headquarters to a different office complex in northwest Houston.

Continuation funds “used to be an ‘Island of Misfit Toys’ for underperforming assets, but now they can contain prized private opportunities,” noted Nicholas Brown, managing partner with Granite Harbor Advisors, a Houston-based independent registered advisory firm, in a written response. “This supports our idea that more companies are looking to stay private longer and will wait to access the public markets as an exit opportunity for early investors rather than as a primary means of raising capital. That at least warrants a closer look at continuation funds when the opportunity arises.”

Conveniently located in Remington Square, the new space will serve as a central educational and service hub for clients, as well as strategic partners in the community for continuing education and planning collaboration.

Our very own Brian W. Sak, CFP®, CLU®, ChFC®, has been recognized as one of Forbes Top Financial Security Professionals Best-In-State for the state of Texas, ranking at #13.

DATA PROVIDED BY SHOOK®RESEARCH, LLC. DATA COMPILED BY SHOOK RESEARCH LLC BASED ON TIME PERIOD FROM 12/31/21 - 12/31/22. SOURCE: FORBES.COM(JULY, 2023). NEITHER BRIAN SAK NOR GRANITE HARBOR ADVISORS PROVIDED ANY COMPENSATION IN EXCHANGE FOR PLACEMENT ON THE TOP FINANCIAL SECURITY PROFESSIONAL (FSP) RANKINGS. DATE PUBLISHED JULY 26, 2023

Shortly after, Houston-based private equity company Granite Harbor Advisors, in partnership with Oxford, Mississippi-based Addicus, joined the project and raised $12 million in less than a month to reach full financing, according to Granite Harbor managing partners Brian Sak and Nick Brown.

The Houston-based RIA's investment to fund 150+ full-time care units including an expansion of the memory care wing for the senior living facility.