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Advisor Services

  • Financial Planning
    • -Retirement Planning
  • Portfolio Management
    • -Individuals and/or Small Businesses


Funds Used With Clients

There are no funds listed for this advisor at this time.

Firm Client types

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No timeline events available.
Employer Years Dates
Granite Hill Capital Management, LLC 14 years, 5 months Sep 2005 - Present
Granite Hill Capital Managment 14 years, 5 months Sep 2005 - Present

Designations & Memberships

  • Chartered Financial Analyst Institute
    Chartered Financial Analyst Institute
  • Chartered Financial Analyst
    Chartered Financial Analyst
    Widely considered the gold standard for investment professionals, this six decade old charter is only given to designees who can demonstrate competence, integrity, and dedication to the field of investment management.

Articles and Answers

Insights by Stephen Tanner

There are no insights for this advisor to display at this time.


Ask a financial questionAsk a question
Are lower expenses the main benefits of index funds?
The above answers are definitely on target. Costs, including tax and trading, definitely favor index funds. They may not be glamorous but they provide you the highest odds of delivering performance over the long run.Passively managed funds follow similar principles but may avoid a small downside...  (more)
Answered Jun 2012
Invest at home or invest abroad?
Miguel -- Michael's comments above are on target. Another way of thinking about it is that diversification reduces volatility which is a good thing. See this helps. Paul...  (more)
Answered May 2012
Invest at home or invest abroad?
"Sensible investors pursue diversification as a policy to reduce risk, not chase performance. By following a disciplined policy of maintaining a well-diversified set of portfolio exposures, regardless of market zigs and zags, investors establish the conditions for long-run success." -- page 60 Unc...  (more)
Answered May 2012
How do I find out how the clients of advisor do with their investments after paying all the fees?
Jasper -- you should be most interested in the performance of your own account. The advisor likely manages many accounts and differently according to the agreements with each individual client. For example, some clients may be more heavily weighted toward bonds which generally provide lower return...  (more)
Answered Jul 2012
What does it mean for a bank to be net long or net short for a stock?
This is a generic answer for net long and net short. Long means an entity owns the stock, say a 100 shares. If another division within the entity sells 50 shares short (shares they do not own but have to borrow), the overall entity is net long 50 shares (100 owned less 50 sold short). If instead ...  (more)
Answered May 2012
How much diversification is ideal in a mutual fund?
Yes and no.If mutual fund managers believe they can beat the market, yes a fund can be too big/diversified. Active managers who try to beat the market close their funds from time to time because they cannot invest without making an unfavorable impact (make prices rise too much before completing th...  (more)
Answered May 2012
401(k) Plan Fees?
Nenia -- this link may be helpful: shows 920 hardware stores on the platform all over the country. Hope this helps....  (more)
Answered May 2012
I will be retiring in one year at age 63. I have a good retirement package from my employer and have managed my 401K plan fairly well to current balance of $1.1M. 90% of my 401K is invested in a stable income fund at 3.55%, 10% is in company stock which has been flat for the past couple of years.
Robert -- with 90% of your funds in a stable value fund, I'm guessing you are "risk intolerant" -- losses worry you a lot. Just a guess. Historically stable value funds have behaved as their name suggests with higher yield than a money market. Insurance companies provide these products and theref...  (more)
Answered Jun 2012
I usually receive a statement once a year detailing my balance. When or how can I contact someone to check my balance?
It appears your account is associated with a pension plan that does not permit you to direct your investments. If my assumptions are correct, you can send a written request to the plan administrator for an updated balance once a year. By law, the US Department of Labor’s Employee Benefits Security ...  (more)
Answered May 2012
How wise is it to invest in companies that have a significant portion of their funding coming from the US government?
The short answer is that is does not make a difference.There are a considerable number of analysts at mutual fund companies, hedge funds, endowments, etc. trying to gain an advantage through research. For example, they probably already have a sense of which government defense contracts are subjec...  (more)
Answered May 2012
How do I short a stock?
Shorting a stock means selling it, say at $100, when you don't own it so that if it declines in price you can purchase at a lower price, say at $60, thereby making $40 less transaction costs. Costs include the interest your brokerage account will be charged for lending you the stock. You are borro...  (more)
Answered May 2012
What happens if a retired parent is deceased with a retirement plan, how does one go about passing the funds onto the next of kin.?
Sorry for your loss. George provides wise counsel. Filing soon may be important. My father passed away this past January. The executor, my brother, needed to take my Dad's will along with a certified death certificate to the local court to get a letter of testamentary within 10 days of my father'...  (more)
Answered May 2012
What is an appropriate fund management fee percentage?
Dale – Fund management expenses depend on several factors: stocks versus bonds, domestic versus international, active versus passive. Stock funds are generally more expensive than bond funds, international funds more expensive than domestic, and the majority of passive or index funds significantly ...  (more)
Answered Jun 2012
I have about 245,000 in my I on target for my retirement ? I'l be 53 next week.....?
Brian -- Yours is a good question that is impossible to answer without a lot more info. The best approach is to develop an estimate of your resources and spending. Resources includes (401k, other accounts, social security benefits, future income) and compare it against your liabilities (mortgage, ...  (more)
Answered Jun 2012
    *Answers are submitted by advisors without compensation.

    Licenses & Conducts

    U.S. Securities and Exchange Commission
    • license status
    • disclosures
    • as of date
      Jan 21, 2020
    • license status
      Not registered
    • disclosures
    • as of date
    Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:


    Granite Hill Capital Management, LLC

    Last updated on March 31, 2019
      • $7.2M
        Total Assets Under Management
      • N/A
        Total Assets Under Advisement
      • 9
      • $799.3K
        Estimated Average Account Balance


    Fee Only Advisor
    This advisor has certified that they are compensated soley by their clients, and do not accept commisions or compensation of any kind based on the products they recommend.