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Granite Solutions Groupe: Redefining Management Consulting in the Wealth Management Arena

John Henning, Chief Client Officer, Granite Solutions GroupeJohn Henning, Chief Client Officer
The merit of a consulting firm, especially in the financial arena, primarily correlates to the collective experience garnered by the consulting leaders at the firm. For instance, the ability to predict expenditures and forecast revenue growth accurately is one of the most sought-after skill sets among consulting organizations in the marketplace. A testament of such profound experiences, in tandem with commendable expertise in the broader markets of banking, wealth and asset management, and investments is Granite Solutions Groupe (GSG).

The California-based company draws upon its 22 years of knowledge in the financial sector to provide timely and effective consulting solutions for wealth and asset management firms, banking clients and investment management institutions. It offers an extensive array of consulting services, primarily focused on delivery and execution of client initiatives and projects – a noteworthy trait in the post-pandemic era. Granite Solutions Groupe accelerates its clients’ use of agile methodologies and invests in the education of users and stakeholders to realize maximum value in their enterprises. “What differentiates us from competitors is our ability to bring experienced-hire consultants to projects that allow clients to further their product goals with ease,” mentions John Henning, Chief Client Officer of the company.

Moreover, team GSG acknowledges the rapidly growing significance of blockchain technology in the wealth and asset management marketplace, where an increasing interest in cryptocurrency and other digital assets can be observed. To this end, GSG extends the necessary support to its customers through its Digital Solutions Practice, wherein it deploys its blockchain and crypto asset experts and specialists who can execute strategy, platform development, and regulatory and compliance solutions. These consultants provide solutions ranging from initial strategy, architecture, and proof of concepts, which are followed by the delivery of either outsourced or in-house platforms for increased control and security.

Another area where GSG provides the lift its clients need is in legacy platform migration and modernization of client onboarding solutions. Says John Henning, “After a decade of remediation hell, our clients are now sighing a collective breath of relief as they turn their attention to projects that will improve efficiency and the client experience.” GSG shoulders the responsibility of assisting customers in seamlessly migrating from their traditional and legacy systems to newer technologies that provide a foundation for growth and scalability. One example includes the firm’s collaboration with SEI Investments Company, well-known for providing investment processing, investment management, and investment operations solutions globally. This partnership combines SEI’s investment solutions with GSG’s consulting expertise to upgrade customers’ systems and processes from the Trust 3000 platform to the SWP wealth platform, enhancing the customer experience.


What differentiates us from competitors is our ability to bring experienced-hire consultants to projects that allow clients to further their product goals with ease

Similarly, for its core banking clients, GSG helps customers execute against transformation from legacy core banking architectures to the latest and highly advanced platforms such as FIS and other cloud-based solutions, including those leveraging the Salesforce product suite. Additionally, identifying the need to enhance the customer experiences across financial checkpoints, Henning mentions, “We spin-up agile teams that can push the UX Design process to a new level of execution consistently through product areas such as client onboarding, trading, self-service, and the like.”

Also, given the acceleration of digital strategies brought forth by the COVID-19 pandemic, GSG helps customers integrate backend systems with client facing elements that produce more intuitive user experiences. To realize this, GSG deploys focused delivery units quickly and efficiently to partner with client teams, leveraging the use of modern information and data architecture strategies to provide effective integration.

In addition to providing financial services, the company also advocates diversity and inclusion. As an LGBTQ-owned firm, it has been certified by the NGLCC (National Gay and Lesbian Chamber of Commerce) since 2009 and strives to provide a diversified workforce. The company has also contributed significantly to support the community, including a long-standing partnership with Guide Dogs for the Blind, where GSG CEO Dan L’Abbe is on the board of directors. Additionally, the firm supports the National Foundation for Teaching Entrepreneurship (NFTE), Financial Woman of the Year San Francisco Chapter, and the NGLCC’s Communities of Color Initiative (CoCi). Aided by such support, inner-city kids, other demographically challenged or disadvantaged groups gain advocacy, mentorship, and financial support in the development of their own companies.

Granite Solutions Groupe’s ability to provide best-in-class consulting services is evidenced by one of its collaborations with a well-established trust company that has been acquiring other firms as part of its overall multi-year growth strategy. GSG deployed an exceptional team of experienced consultants - project managers, business analysts, product owners, and conversion specialists - that developed a repeatable process to onboard new acquisitions in tandem with ongoing operations. Owing to its outstanding capabilities and successful collaborations, the company has also established itself as the go-to partner for many other mid-to-large sized banks, wealth and asset management, and investment firms to deliver their wealth management initiatives and technology platforms.

Building upon each successive engagements, Granite Solutions Groupe continues to grow organically and offer quality services to its diversified client base. GSG aims to increase the size of its consultant workforce and support teams while it continues to attract more clients. In terms of geographical expansion, GSG is actively considering expanding its international presence with clients in Canada, France, and other EU member countries, all the while staying true to its organizational vision and values, always remembering to “Do the right thing, and then the next right thing” in support of its team members, clients and the community.

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Top 10 Wealth Management Service Companies - 2021
Granite Solutions Groupe

Company
Granite Solutions Groupe

Headquarters
San Francisco, CA

Management
John Henning, Chief Client Officer

Description
Granite Solutions Groupe (GSG) provides financial services decision makers with effective people and solutions that deliver. The company draws upon its 22 years of knowledge in the financial sector to provide timely and effective consulting solutions for wealth and asset management firms, banking clients and investment management institutions. It offers an extensive array of consulting services, primarily focused on delivery and execution of client initiatives and projects – a noteworthy trait in the post-pandemic era. GSG accelerates its clients’ use of agile methodologies and invests in the education of users and stakeholders to realize maximum value in their enterprises