Derrick M. Grava

PALMETTO ADVISORY

CHARLESTON, FL 29403

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CRD#: 1518760

Professional summary

Derrick M Grava, CIMA®, who also goes by Derrick Michael Grava, Derrick Grava, is a registered financial advisor currently at PALMETTO ADVISORY located in Charleston, Florida and PALMETTO ADVISORY GROUP, LLC located in Charleston, South Carolina.

Derrick is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1986. Derrick has worked at 10 firms and has passed the Series 65, Series 63, Series 79TO, SIE, Series 7, Series 3, Series 14 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Derrick Michael Grava | Derrick Grava

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Derrick M Grava's CRS (Customer Relationship Summary).

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

CIMA^®

Certified Investment Management Analyst

Experience

Current

March 9, 2010 - Present

PALMETTO ADVISORY

Office #1: 460 King Street Ste 200 #1021, Charleston, FL 29403

RIA

CRD#: 152286

CHARLESTON, FL

Current

November 13, 2009 - Present

PALMETTO ADVISORY GROUP, LLC

Office #1: 460 King Street Ste 200 #1021, Charleston, SC 29403

CRD#: 150270

Charleston, SC

Past

October 27, 2022 - December 31, 2025

KERUSSO CAPITAL MANAGEMENT, LLC

RIA

CRD#: 316352

Kiawah Island, SC

Past

April 29, 2009 - November 25, 2009

TANDEM INVESTMENT ADVISORS INC

RIA

CRD#: 109392

CHARLESTON, SC

Past

February 25, 2009 - November 17, 2009

BLUE ROCK GLOBAL PARTNERS, INC.

CRD#: 136259

WAYZATA, MN

Past

October 24, 2006 - May 1, 2008

OLD MUTUAL INVESTMENT PARTNERS

CRD#: 44916

BOSTON, MA

Past

January 16, 2003 - November 17, 2005

UBS FINANCIAL SERVICES INC.

RIA

CRD#: 8174

ATLANTA, GA

Past

August 29, 1998 - November 17, 2005

UBS FINANCIAL SERVICES INC.

CRD#: 8174

WEEHAWKEN, NJ

Past

January 8, 1992 - August 11, 1998

CITIGROUP GLOBAL MARKETS INC.

CRD#: 7059

NEW YORK, NY

Past

March 31, 1988 - January 21, 1992

LEHMAN BROTHERS INC.

CRD#: 7506

NEW YORK, NY

Past

September 26, 1986 - June 6, 1988

DREXEL BURNHAM LAMBERT INCORPORATED

CRD#: 7323

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

IAR

California
(5/15/2024)

IAR

Florida
(10/28/2010)

IAR

Georgia
(7/30/2010)

Georgia
(9/27/2016)

Massachusetts
(6/18/2019)

IAR

Massachusetts
(8/31/2021)

IAR

North Carolina
(6/30/2010)

South Carolina
(11/25/2009)

IAR

South Carolina
(3/9/2010)

IAR

Wisconsin
(10/7/2010)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 11/10/1993

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 7/1/1986

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 79TO

Date: 1/2/2023

Investment Banking Registered Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 9/20/1986

General Securities Representative Examination

General Industry/Product Exam

Series 3

Date: 8/28/1986

National Commodity Futures Examination

Principal/Supervisory Exam

Series 14

Date: 1/2/2023

Compliance Officer Examination

Principal/Supervisory Exam

Series 24

Date: 5/20/2009

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

PALMETTO ADVISORY

PALMETTO ADVISORY | PALMETTO ADVISORY LLC | PALMETTO ADVISORY GROUP

CRD#: 152286 / SEC#:

California

Registered Investment Advisory firm - (5/15/2024 Approved)

Connecticut

Registered Investment Advisory firm - (11/9/2021 Approved)

Florida

Registered Investment Advisory firm - (10/28/2010 Approved)

Georgia

Registered Investment Advisory firm - (7/28/2010 Approved)

Massachusetts

Registered Investment Advisory firm - (8/31/2021 Approved)

Minnesota

Registered Investment Advisory firm - (11/8/2013 Terminated)

North Carolina

Registered Investment Advisory firm - (6/30/2010 Approved)

South Carolina

Registered Investment Advisory firm - (3/9/2010 Approved)

Washington

Registered Investment Advisory firm - (12/23/2010 Terminated)

Wisconsin

Registered Investment Advisory firm - (10/5/2010 Approved)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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Contact information

Main Address

460 King Street Ste 200 #1021, Charleston, FL 29403

Mailing Address

1111 Oakfield Dr Ste 115 Pmb 3268, Brandon, FL 33511

Phone number

(404) 402-7016

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Firm Stability Insights

Derrick M. Grava

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Derrick M Grava's CRS (Customer Relationship Summary).

Certified licenses

Experience

PALMETTO ADVISORY GROUP, LLC

KERUSSO CAPITAL MANAGEMENT, LLC

TANDEM INVESTMENT ADVISORS INC

BLUE ROCK GLOBAL PARTNERS, INC.

OLD MUTUAL INVESTMENT PARTNERS

UBS FINANCIAL SERVICES INC.

UBS FINANCIAL SERVICES INC.

CITIGROUP GLOBAL MARKETS INC.

LEHMAN BROTHERS INC.

DREXEL BURNHAM LAMBERT INCORPORATED

State Registrations and Notice Filings

Exams

Series 65

Date: 11/10/1993

Series 63

Date: 7/1/1986

Series 79TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 9/20/1986

Series 3

Date: 8/28/1986

Series 14

Date: 1/2/2023

Series 24

Date: 5/20/2009

FINRA

Current Firm

PALMETTO ADVISORY

Contact information

Documents

Red Flags

Company Information

PALMETTO ADVISORY

TRUST BUT VERIFY

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