Form Customer Relationship Summary (Form CRS) - June 25, 2020 - Disclosures

Aug 27, 2026

Griffin Financial Group LLC’s Form CRS (Customer Relationship Summary) explains the firm’s registration status with SEC, SIPC, and FINRA, and clarifies that brokerage and investment advisory services and fees differ for retail investors. It describes the relationship and services offered, emphasizing investment-banking support for institutional clients, limited retail account capabilities, and conditional recommendation procedures. It further outlines fee structures, including commissions for secondary-market trading and how conflicts of interest may influence advice while requiring best-interest conduct.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages2

Reading Time5 min

AccessFree to download

Item 1. Introduction

Registration and investor resources

Item 2. Relationship and Services

Investment services and advice for retail customers

Recommendation procedures and limitations

Investor suitability and information collection

Item 3. Fees, Costs, Conflicts and Standard of Conduct

Fees and who pays

Legal obligations and conflicts of interest

Item 1. Introduction GRIFFIN FINANCIAL GROUP LLC Form Customer Relationship Summary (Form CRS) -June 25, 2020 Griffin Financial Group LLC (Griffin) is registered with the Securities Exchange Commission (SEC) and the Securities Investor Protection Corporation (SIPC) and is a member of the Financial Industry Regulatory Authority (FINRA) . Brokerage and investment advisory services and fees differ and it is important for the retail investor to understand the differences. Free and simple tools are available to research firms and financial professionals at [Investor.gov/CRS](Investor.gov/CRS), which also provides educational materials about broker-dealers, investment advisers, and investing. Item 2. Relationship and Services What investment services and advice can you provide me? Our primary business is focused upon providing investment banking services to institutional clients, which includes mergers & acquisitions consulting; mutual insurance company conversions; financial restructuring; and the placement of corporate securities through newissue public offerings and private placements. We also provide clients with execution services in the equity and fixed-income secondary markets. Although our clients are primarily corporations and financial institutions, we may also offer our placement and execution services to retail customers on a selective basis. Since we are primarily focused on providing investment banking services, we are limited in the services and accounts that we can offer retail customers. For example, we can offer you a cash securities transaction account that may be established as an individual, joint, or retirement account, but we do not offer margin accounts, nordo we offer option, derivative product or mutual fund accounts. It is our general policy to not make recommendations regarding the purchase (or sale) of particular securities to either institutional or retail investors. However, we have procedures in place to allow our financial professionals to make a recommendation if the making of a recommendation is approved by our senior management. If you open a cash account, we will not make recommendations of securities that you should buy or sell in secondary market transactions. We will also not monitor securities that you hold in your account at our clearing firm. We also will not make a recommendation to you about implementing particular investment strategies, which could include, for example, changing the mix or percentage of your investments in equities and fixedincome securities. Given my financial situation should I choose a brokerage service? If you are an investor that does not want or need a broad range of investment or advisory services and you have an interest in purchasing new issue public or privately placed securities, or if you want to execute unsolicited secondary market securities transactions, you may find it beneficial to become a retail customer of our firm and/or open a securities account with us. How will you choose investments to recommend to me? If we accept you as a customer, we will ask you to provide us with information about yourself that will enable us to prepare your investment profile. Such information will include your age, other investments, investment objectives, investment experience, investment time horizon, liquidity needs and risk tolerance. Additionally, whenever we accept a corporate engagement, including the placement of a corporation’s securities, we conduct extensive due-diligence on the corporation and its business to determine the potential value of its securities. If we recommend a corporation’s securities to you in a public or private offering, we will only make the recommendation if we believe the purchase of the securities is appropriate for you based on your investment profile. Item 3. Fees, Costs, Conflicts and Standard of Conduct What fees will I pay? If you purchase a security through us in a public offering or private placement you

FAQs

What is the purpose of Griffin’s Form CRS?

Form CRS summarizes the firm’s services, fees, and key conflicts of interest so retail investors can understand differences between brokerage and advisory services.

What investment services are available to retail customers?

Griffin primarily provides investment banking to institutional clients and offers retail customers limited services, such as cash securities transactions, while not offering margin, options/derivatives, or mutual-fund accounts.

How do fees and conflicts of interest work?

For public offerings or private placements, investors pay no fees because the issuing company pays. For secondary-market trading, investors pay commissions per transaction, and corporate issuer transaction-based compensation can create conflicts that the firm addresses through supervision and best-interest obligations.

Aug 27, 2026

Uploaded by Emma Wilson