MG
Matthew L. Groome
COLTON GROOME FINANCIAL ADVISORS
Asheville, NC 28803
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CRD#: 5693511
MG
Professional summary
Matthew Lindsay Groome, CFP®, who also goes by Matt Groome, is a registered financial advisor currently at COLTON GROOME FINANCIAL ADVISORS, LLC located in Asheville, North Carolina and VALMARK SECURITIES, INC. located in Asheville, North Carolina.
Matthew is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2010. Matthew has worked at 3 firms and has passed the Series 66, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Matt Groome
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.
1. VALMARK SECURITIES, INC. ("Valmark") 130 SPRINGSIDE DRIVE, SUITE 300, AKRON, OH 44333-2431 (INVESTMENT RELATED). VALMARK SECURITIES IS A SECURITIES BROKER-DEALER AND I AM A REGISTERED REPRESENTATIVE OF THE FIRM. I MAY RECEIVE COMMISSIONS ASSOCIATED WITH THOSE ACTIVITIES. 24 HOURS PR MONTH DURING TRADING HOURS./// 2. COLTON GROOME FINANCIAL ADVISORS, INC., 1127-B HENDERSONVILLE ROAD, ASHEVILLE, NC 28803; RIA-FEE BASED INVESTMENT ADVISORY SERVICES AND FINANCIAL PLANNING, INSURANCE AND RETIREMENT PLAN CONSULTING; INVESTMENT RELATED; STARTED 01/2010; 160 HOURS PER MONTH DURING TRADING HOURS; FINANCIAL ADVISOR; CLIENT INVOLVEMENT-I PROVIDE ASSET MANAGEMENT, FINANCIAL PLANNING, INSURANCE AND/OR RETIREMENT PLAN CONSULTING SERVICES TO CLIENTS; NO COMPENSATION IS PAID TO ME. ALL REVENUES ARE PAID TO THE COMPANY./// 3. GROOME HOLDINGS, LLC; HOLDING COMPANY FOR MULTIPLE BUSINESSES; 33.3% OWNER OF THE COMPANY; MANAGEMENT DUTIES; NOT INVESTMENT RELATED; NO CLIENT INVOLVEMENT; STARTED 01/2015/// 4. LIFETRUST 3D, LLC, 1127B HENDERSONVILLE RD ASHEVILLE NC 28803, LIFE INSURANCE POLICY MANAGEMENT; CFO; COORDINATE FINANCIALS; STARTED 10/2014; NOT INVESTMENT RELATED; FINANCIAL INTEREST; NO COMP AT THIS TIME./// 5. COLTON GROOME BENEFITS ADVISORS, LLC, 1127B HENDERSONVILLE ROAD, ASHVILLE, NC 28803; OWNER; MANAGEMENT DUTIES. STARTED 04/29/2010; NOT INVESTMENT RELATED; NO ACTIVITY OR COMPENSATION AT THIS TIME./// 6. COLTON GROOME INSURANCE ADVISORS, INC., 1127B HENDERSONVILLE ROAD, ASHVILLE, NC 28803; FIXED LIFE INSURANCE SALES; OWNER; MANAGEMENT DUTIES; NOT INVESTMENT RELATED; STARTED 12/19/2015; PROFITS FROM THE COMPANY FLOW TO A HOLDING COMPANY OF WHICH I AM AN EMPLOYEE/OWNER./// 7. GROOME FAMILY ENTERPRISES,1127B HENDERSONVILLE ROAD, ASHVILLE, NC 28803; REAL ESTATE; MEMBER; PASSIVE OWNER; NOT INVESTMENT RELATED; STARTED 01/05/1999; NO COMPENSATION WILL BE PAID TO ME. ONLY PARTICIPATE IN OWNER DISTRIBUTIONS./// 8. GROOME SUCCESSION, LLC, 1127B HENDERSONVILLE ROAD, ASHVILLE, NC 28803; PARTNERSHIP FOR BUSINESS SUCCESSION PURPOSES; MEMBER; MANAGEMENT DUTIES; NOT INVESTMENT RELATED; STARTED 12/05/2014; I AM AN OWNER; THE ORGANIZATION HOLDS POLICIES IN WHICH MEMBERS SERVE AS THE AGENT; NO COMPENSATION IS PAID TO ME./// 9. WNC Bridge Foundation; P.O. Box 1315, Arden NC 28704; Board Chair serving on Board of the Organization, Finance Committee and Investment Committee; YES Investment Related; Start date 01/01/2025; Approximately 1-5 hrs. per month; Yes Organization is Client, Organization is a Retirement Plan client of Colton Groome Financial Advisors, LLC, receives no direct compensation and conflict has been disclosed to organization; receives no direct compensation, Retirement Plan is charged an annualized asset based fee, all funds are paid to CGFA which I am 33.33% owner and receive a salary./// 10. 1127 Building Association; 1127 Hendersonville Rd., Asheville NC 28803; Board Member, NOT Investment Related; Start date 2021; Yes Financial Interest, My Company Colton Groome & Company Rents office space within the building from Groome Family Enterprises, LLC. I own 10% of Groome Family Enterprises and serve on the 1127 Building Association of which Groome Family Enterprises owns; Approximately 1-5 hrs. per month; Not a client. 11. Western North Carolina Human Resource Association; PO Box 5752, Asheville NC 28813; Volunteer; Assisting with banking; NOT Investment Related; Start date 01/01/2025; No Financial Interest; Approximate 1-5 hrs. per month; Not a client./// 12. Givens Estates; 2360 Sweeten Creek Rd, Asheville, NC 28803; Investment Committee Member; Assist in reviewing quarterly investment committee materials provided by the investment advisor; YES Investment Related; Start Date 10/01/2023; Approximately 1-5 hrs. per month; No Compensation Paid./// 13. Ramblers Sports Club Inc; 101 Braeside Cir, Asheville NC 28803; President, Manage and steward the organization; NOT Investment Related;04/28/24; 1-5 hrs. a month; No Comp paid.///
CRS (Client Relationship Summary) - RIA
Click below to view Matthew Lindsay Groome'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®
CFP®
Start date: 2011
Experience
Current
January 21, 2010 - Present
COLTON GROOME FINANCIAL ADVISORS, LLC
Office #1: 1127-b Hendersonville Road, Asheville, NC 28803RIA
CRD#: 128365
Asheville, NC
Current
September 25, 2009 - Present
VALMARK SECURITIES, INC.
Office #1: 1127-b Hendersonville Road, Asheville, NC 28803Office #2: 1870 Brevard Rd, Suite 112, Arden, NC 28704BD
CRD#: 31243
Asheville, NC
Past
January 8, 2010 - August 31, 2018
VALMARK ADVISERS, INC.
RIA
CRD#: 108050
ASHEVILL, NC
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
CG
COLTON GROOME FINANCIAL ADVISORS, LLC
CG ADVISORY SERVICES, L.L.C. | COLTON GROOME FINANCIAL ADVISORS, LLC
CRD#: 128365 / SEC#: 801-113274
RIA
Registered Investment Advisory firm - (5/23/2018 Approved)Nevada
Registered Investment Advisory firm - (10/26/2009 Terminated)North Carolina
Registered Investment Advisory firm - (6/1/2018 Terminated)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.RR
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
RR
North Carolina(12/4/2009)
IAR
North Carolina(1/21/2010)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CG
COLTON GROOME FINANCIAL ADVISORS, LLC
CG ADVISORY SERVICES, L.L.C. | COLTON GROOME FINANCIAL ADVISORS, LLC
CRD#: 128365 / SEC#: 801-113274
RIA
Registered Investment Advisory firm - (5/23/2018 Approved)Nevada
Registered Investment Advisory firm - (10/26/2009 Terminated)North Carolina
Registered Investment Advisory firm - (6/1/2018 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1127-b Hendersonville Road, Asheville, NC 28803
Mailing Address
Phone number
(828) 252-1816
Established
Firm type
Fiscal year end
# of Employees
18
SEC notice filing (5 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 946 |
| AUM (Assets Under Management) | $ 444,012,621 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 07/29/2024 | ||
| 11/27/2023 | ||
| 01/27/2023 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
Company Information
COLTON GROOME FINANCIAL ADVISORS, LLC
CRD#: 128365Asheville, NC 28803TRUST BUT VERIFY
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