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Partnering for Financial Excellence

At Grinnell Capital, we focus on strategic investment solutions that cater to advisors and individual investors. With over 20 years of expertise, we aim to guide your portfolio towards a prosperous future.

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Our Commitment

Grinnell Capital is an investment firm tailored for financial advisors and individual clients. We specialize in inflection point investing across value and growth stocks, backed by over two decades of experience. Our team, led by a former Chief Investment Officer, is dedicated to helping you thrive financially.

Our Focus Areas

Stocks

Our strategy emphasizes identifying key moments for investment in both value and growth sectors, ensuring optimal returns tailored to your specific financial goals.

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Grinnell Capital  ·  Boutique Active Management

See It Before
The Market Does.

The Inflection Point Model is built on one conviction: wealth is created by those who recognize emerging leaders and sector turning points before they become consensus. Research-driven. Institutional-grade. Early.

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The Strategy

Most investors wait for certainty.
We seek conviction.

Markets reward those who identify fundamental change early — not momentum, not hype. Change backed by 24 years of pattern recognition, sector expertise, and disciplined research across the full market-cap spectrum.

24
Years of Investment Experience
0.50%
Annual Management Fee
All-Cap
Full Market Capitalization Spectrum

Inflection points are where wealth is created.

We define an inflection point as a decisive moment — in a company's trajectory or a sector's cycle — where fundamental change drives meaningful revaluation. By positioning ahead of these moments, we target asymmetric opportunities that indexed and momentum-driven strategies routinely miss.

Research-driven. Not driven by noise.

Every position results from fundamental, quantitative, and technical analysis working in concert. We monitor macroeconomic cycle trends, product inventory dynamics, pricing power signals, end-market health, and management commentary — then do the rigorous bottom-up work to size the opportunity and the risk.

Dual Mandate

Two disciplines.
One portfolio.

The Inflection Point Model holds value and growth in deliberate tension — rotating emphasis based on macro conditions while maintaining exposure to compounding growth leaders across all market caps.

Value
Sector Inflection Points

We use macroeconomic cycle analysis to identify sectors coming into favor before the broader market reprices them — then do the bottom-up work to find the strongest-positioned companies within those sectors.

  • Macro cycle & sector rotation analysis
  • Product inventory trends & pricing power signals
  • End-market health & management commentary
  • Catalyst identification: new management, new product cycles, asset monetization
  • Screening on P/E, EV/EBITDA, and free cash flow
Growth
Emerging Disruptors

We identify companies early in their growth lifecycles — those with industry-leading revenue growth, large and defensible addressable markets, genuine competitive moats, and a credible path to profitability.

  • Industry-leading revenue growth trajectory
  • Large total addressable market (TAM)
  • Anti-competitive moat: unique product, process, or application
  • Clear pathway to margin improvement over time
  • Profitable companies must trade below a 2× PEG ratio
Why Grinnell Capital

The things that set us apart.

Boutique discipline. Institutional rigor. A fee structure that puts your interests unambiguously first.

01
Institutional-Grade Research

Fundamental, quantitative (AI-assisted), and technical analysis applied to a focused 30–45 name portfolio. No passive drift, no index-hugging. Every position is earned through process — tracking intrinsic value versus market value continuously.

02
Transparent, Competitive Fees

At 0.50% annually, our management fee is a fraction of what active management typically commands. We believe fees should never obscure the value proposition — and that alignment starts with cost.

03
Full Independence & Alignment

One portfolio manager. Full discretionary authority. Your assets custodied at Charles Schwab with daily independent reporting. No committees, no conflicts, no layers between you and accountability.

04
Transparency & Communication

Monthly research newsletters, regular market commentary, and direct access to Frank Grinnell. We believe that keeping clients and partners informed — especially in volatile markets — is a responsibility, not an afterthought.

Ideal Partners

Who we work with.

We partner with a select group of investors and advisors who value conviction over consensus, transparency over complexity, and a genuine edge over generic solutions.

RIAs Seeking Alpha

Advisory firms that want to offer clients institutional-grade active management as a differentiated allocation — rooted in rigorous research, not momentum or hype. Schwab custody enables seamless integration into existing platforms.

Passive Core + Satellite

RIAs built primarily around indexing who want tactical exposure to game-changing companies across AI, biotech, energy transition, autonomous systems, and orbital infrastructure — without the volatility of pure innovation strategies.

Growth-Oriented Individuals

High-net-worth investors and qualified retirement accounts seeking meaningful, research-driven participation in tomorrow's leaders. Minimum investment: $100,000. Custodied at Charles Schwab.

About
Frank B. Grinnell, III
Founder & Portfolio Manager
  • Experience · 24 Years
  • Licenses · Series 7, 63, 65, 66
  • Registration · Registered Investment Adviser
  • Location · Park City, Utah
  • Phone · 208-954-0268
  • Email · frank@grinnellcapital.com

Frank Grinnell built the Inflection Point Model over two decades of learning what markets consistently miss: the moment a company or sector is about to change direction — and how to position before the crowd notices. His career is defined by the ability to recognize inflection before it becomes consensus.

That career spans Wall Street's most demanding environments. Starting at Lehman Brothers and Citi/Morgan Stanley Smith Barney, Frank built deep expertise in equity sales, trading, and portfolio management before becoming a First Vice President at Morgan Stanley — where he served as sole portfolio manager for a long-only equity fund and earned top producer recognition for the Mountain West Region three consecutive years.

At RBC Capital Markets, Frank served the Colorado Public Employees' Retirement Association — one of the nation's largest pension funds — vaulting RBC's ranking from outside the top fifteen to the top three within eighteen months. As Chief Investment Officer at Centennial State Financial, he oversaw more than $700 million in assets and closed over 90% of new wealth management business, growing firm AUM by $50 million in fifteen months.

He founded Tenzing Capital LLC in 2010, a long-bias equity hedge fund, before launching Grinnell Capital in 2020 — the culmination of a 24-year career built on a single discipline: finding the inflection point first.

Lehman BrothersMorgan StanleyRBC Capital MarketsCIO · $700M AUMTenzing Capital LLC
Monthly Research Newsletter

Stay ahead of the inflection.

Sector analysis, market views, and emerging opportunities — delivered monthly, before they're mainstream.

Ready to explore
a partnership?

Request the Inflection Point Model factsheet or schedule a conversation with Frank directly.