Chief Compliance Officer, Controller

0001321993-16-000013.txt : 20161024 0001321993-16-000013.hdr.sgml : 20161024 20161024142719 ACCESSION NUMBER: 0001321993-16-000013 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160930 FILED AS OF DATE: 20161024 DATE AS OF CHANGE: 20161024 EFFECTIVENESS DATE: 20161024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRIMES & COMPANY, INC. CENTRAL INDEX KEY: 0001321993 IRS NUMBER: 046906504 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11551 FILM NUMBER: 161947934 BUSINESS ADDRESS: STREET 1: 110 TURNPIKE RD, STE 100 CITY: WESTBOROUGH STATE: MA ZIP: 01581 BUSINESS PHONE: 508-366-3883 MAIL ADDRESS: STREET 1: 110 TURNPIKE RD, STE 100 CITY: WESTBOROUGH STATE: MA ZIP: 01581 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001321993 XXXXXXXX 09-30-2016 09-30-2016 GRIMES & COMPANY, INC.

110 TURNPIKE RD, STE 100 WESTBOROUGH MA 01581

13F HOLDINGS REPORT 028-11551 N Michael J. Davide Chief Compliance Officer, Controller 508-366-3883 Michael J. Davide Westborough MA 10-24-2016 0 252 747193 false INFORMATION TABLE 2 final3rdqtr2016.xml FINAL3RDQTR2016 3M Company COM 88579Y101 1919 10888 SH SOLE 10888 0 0 3M Company COM 88579Y101 21 120 SH OTR 120 0 0 AbbVie Inc. COM 00287Y109 244 3863 SH SOLE 3863 0 0 Accenture Ltd COM G1151C101 8325 68140 SH SOLE 68140 0 0 Aetna COM 00817Y108 5436 47086 SH SOLE 47086 0 0 AFLAC Inc. COM 001055102 160 2222 SH SOLE 2222 0 0 AFLAC Inc. COM 001055102 79 1095 SH OTR 1095 0 0 Albemarle Corp. COM 012653101 4943 57821 SH SOLE 57821 0 0 Albemarle Corp. COM 012653101 45 525 SH OTR 525 0 0 Allegion PLC COM G47791101 387 5619 SH SOLE 5619 0 0 Allergan Plc COM G0177J108 4900 21273 SH SOLE 21273 0 0 Allete Inc. COM 018522300 430 7212 SH SOLE 7212 0 0 Allete Inc. COM 018522300 1 23 SH OTR 23 0 0 Alphabet Inc. COM 38259P706 2748 3535 SH SOLE 3535 0 0 Alphabet Inc. COM 38259P508 4119 5122 SH SOLE 5122 0 0 Alphabet Inc. COM 38259P508 35 43 SH OTR 43 0 0 Altria Group Inc COM 02209S103 235 3719 SH SOLE 3719 0 0 Altria Group Inc COM 02209S103 24 385 SH OTR 385 0 0 Amazon.com Inc. COM 023135106 497 593 SH SOLE 593 0 0 American Express Co COM 025816109 628 9799 SH SOLE 9799 0 0 Amgen Inc. COM 031162100 207 1242 SH SOLE 1242 0 0 Apple Computer Inc. COM 037833100 791 7000 SH OTR 7000 0 0 Apple Computer Inc. COM 037833100 12548 110998 SH SOLE 110998 0 0 Applied Materials Inc. COM 038222105 118 3926 SH SOLE 3926 0 0 Applied Materials Inc. COM 038222105 92 3050 SH OTR 3050 0 0 Astrazeneca PLC (ADR) COM 046353108 241 7347 SH SOLE 7347 0 0 Astrazeneca PLC (ADR) COM 046353108 76 2310 SH OTR 2310 0 0 AT&T Inc. Com COM 00206R102 3597 88570 SH SOLE 88570 0 0 AT&T Inc. Com COM 00206R102 22 530 SH OTR 530 0 0 Automatic Data Processing Inc. COM 053015103 519 5880 SH SOLE 5880 0 0 Banco Santander COM 05964H105 61 13908 SH SOLE 13908 0 0 Bank New York Inc. COM 064058100 202 5053 SH SOLE 5053 0 0 Bank of America Corp. COM 060505104 248 15870 SH OTR 15870 0 0 Bank of America Corp. COM 060505104 579 36981 SH SOLE 36981 0 0 Berkshire Hathaway Inc Cl A COM 084670108 432 2 SH OTR 2 0 0 Berkshire Hathaway Inc. Cl A COM 084670108 865 4 SH SOLE 4 0 0 Berkshire Hathaway Inc. Cl B COM 084670207 2110 14602 SH SOLE 14602 0 0 Biogen IDEC Inc. COM 09062X103 427 1365 SH SOLE 1365 0 0 Boeing Co COM 097023105 6188 46971 SH SOLE 46971 0 0 Boeing Co COM 097023105 16 125 SH OTR 125 0 0 Boston Scientific COM 101137107 202 8495 SH SOLE 8495 0 0 Box Inc COM 10316T104 173 11000 SH SOLE 11000 0 0 BP PLC COM 055622104 355 10085 SH SOLE 10085 0 0 Bristol Myers Squibb COM 110122108 459 8521 SH SOLE 8521 0 0 BroadSoft Inc. COM 11133B409 472 10135 SH SOLE 10135 0 0 BT Group plc (ADR) COM 05577E101 1957 76976 SH SOLE 76976 0 0 Cardinal Health Inc. COM 14149Y108 6172 79430 SH SOLE 79430 0 0 CH Robinson Worldwide COM 12541W209 6278 89100 SH SOLE 89100 0 0 CH Robinson Worldwide COM 12541W209 25 355 SH OTR 355 0 0 Check Point Software Technolog COM M22465104 327 4216 SH SOLE 4216 0 0 ChevronTexaco Corporation COM 166764100 3110 30218 SH SOLE 30218 0 0 ChevronTexaco Corporation COM 166764100 17 165 SH OTR 165 0 0 Cisco Systems Inc. COM 17275R102 10532 332014 SH SOLE 332014 0 0 Cisco Systems Inc. COM 17275R102 25 800 SH OTR 800 0 0 Coca-Cola Company COM 191216100 783 18510 SH SOLE 18510 0 0 Colgate-Palmolive Company COM 194162103 720 9711 SH SOLE 9711 0 0 Columbia Beyond BRICs ETF ETF 19762B103 245 15160 SH SOLE 15160 0 0 Comcast Cl A COM 20030N101 305 4595 SH SOLE 4595 0 0 Consolidated Edison Inc. COM 209115104 309 4103 SH SOLE 4103 0 0 Cronus Corp. COM 226903102 0 10000 SH SOLE 10000 0 0 CVS Corporation COM 126650100 235 2636 SH SOLE 2636 0 0 Dell Technologies Inc. Class V COM 24703L103 1136 23768 SH SOLE 23768 0 0 Diageo plc COM 25243Q205 162 1399 SH SOLE 1399 0 0 Diageo plc COM 25243Q205 75 645 SH OTR 645 0 0 Dick's Sporting Goods Inc. COM 253393102 5085 89653 SH SOLE 89653 0 0 Dominion Resources Inc. COM 25746U109 605 8146 SH SOLE 8146 0 0 Duke Energy Corporation COM 26441C105 600 7494 SH SOLE 7494 0 0 Eaton COM 278058102 217 3309 SH SOLE 3309 0 0 Eaton Vance Corp. COM 278265103 7605 194762 SH SOLE 194762 0 0 Eaton Vance Corp. COM 278265103 39 1000 SH OTR 1000 0 0 Eversource Energy COM 30040W108 393 7258 SH SOLE 7258 0 0 EvoLucia Inc. COM 30049B105 0 20000 SH SOLE 20000 0 0 Exxon Mobil Corporation COM 30231G102 173 1979 SH OTR 1979 0 0 Exxon Mobil Corporation COM 30231G102 5064 58019 SH SOLE 58019 0 0 Facebook Inc. COM 30303M102 358 2791 SH SOLE 2791 0 0 Ford Motor Company COM 345370860 2178 180462 SH SOLE 180462 0 0 Fortune Brands Home & Security COM 34964C106 203 3500 SH SOLE 3500 0 0 Fortune Nat Res Corp No Stockh COM 349681106 0 18000 SH SOLE 18000 0 0 General Electric Company COM 369604103 3639 122845 SH SOLE 122845 0 0 General Electric Company COM 369604103 21 710 SH OTR 710 0 0 Gentex Corporation COM 371901109 5320 302972 SH SOLE 302972 0 0 Gentex Corporation COM 371901109 40 2250 SH OTR 2250 0 0 Genuine Parts Company COM 372460105 298 2964 SH SOLE 2964 0 0 Genuine Parts Company COM 372460105 24 240 SH OTR 240 0 0 Gerber Scientific Inc. Escrow COM 37373ESC5 0 10000 SH SOLE 10000 0 0 Gilead Sciences Inc. COM 375558103 212 2683 SH SOLE 2683 0 0 Gilead Sciences Inc. COM 375558103 61 765 SH OTR 765 0 0 GlaxoSmithKline plc COM 37733W105 153 3543 SH SOLE 3543 0 0 GlaxoSmithKline plc COM 37733W105 91 2110 SH OTR 2110 0 0 Golden Star Resources LTD COM 38119T104 25 30100 SH SOLE 30100 0 0 Guggenheim Enhanced Short Dura ETF 18383M654 2633 52442 SH SOLE 52442 0 0 Health Care Select Sector SPDR ETF 81369Y209 206 2862 SH SOLE 2862 0 0 Hemp Inc COM 423703206 3 120000 SH SOLE 120000 0 0 Home Depot Inc. COM 437076102 718 5581 SH SOLE 5581 0 0 Honeywell International Inc. COM 438516106 552 4732 SH SOLE 4732 0 0 IDEXX Laboratories Inc. COM 45168D104 868 7700 SH SOLE 7700 0 0 Infosys Technologies Limited COM 456788108 5192 329036 SH SOLE 329036 0 0 Ingersoll-Rand Company Limited COM G47791101 1145 16860 SH SOLE 16860 0 0 Intel Corporation COM 458140100 12291 325599 SH SOLE 325599 0 0 Intel Corporation COM 458140100 18 480 SH OTR 480 0 0 International Business Machine COM 459200101 4004 25204 SH SOLE 25204 0 0 International Paper Company COM 460146103 8583 178878 SH SOLE 178878 0 0 iShares Barclays 1-3 Year Cred ETF 464288646 263 2483 SH SOLE 2483 0 0 iShares Barclays 1-3 Year Trea ETF 464287457 244 2875 SH SOLE 2875 0 0 iShares Core MSCI EAFE ETF ETF 46432F842 24462 443633 SH SOLE 443633 0 0 iShares Core MSCI Emerging Mar ETF 46434G103 21640 474447 SH SOLE 474447 0 0 iShares Dow Jones US Basic Mat ETF 464287838 1385 17538 SH SOLE 17538 0 0 iShares Dow Jones US Healthcar ETF 464287762 1394 9284 SH SOLE 9284 0 0 iShares Dow Jones US Industria ETF 464287754 1408 12310 SH SOLE 12310 0 0 iShares Dow Jones US Technolog ETF 464287721 8397 70561 SH SOLE 70561 0 0 iShares Dow Jones US Utilities ETF 464287697 7676 62624 SH SOLE 62624 0 0 iShares iBoxx Invmnt Grade Cor ETF 464287242 345 2800 SH SOLE 2800 0 0 iShares MSCI EAFE ETF 464287465 1591 26905 SH SOLE 26905 0 0 iShares MSCI EAFE Small Cap In ETF 464288273 958 18277 SH SOLE 18277 0 0 iShares MSCI Emerging Markets ETF 464287234 7617 203395 SH SOLE 203395 0 0 iShares Russell 1000 Growth In ETF 464287614 287 2753 SH SOLE 2753 0 0 iShares Russell 1000 Value ETF 464287598 415 3929 SH SOLE 3929 0 0 iShares S&P 500 ETF 464287200 26542 121998 SH SOLE 121998 0 0 iShares S&P MidCap 400 ETF 464287507 28128 181814 SH SOLE 181814 0 0 iShares S&P National AMT-Free ETF 464288414 388 3440 SH SOLE 3440 0 0 iShares S&P S/T Natnl AMT-Free ETF 464288158 2560 24156 SH SOLE 24156 0 0 iShares S&P SmallCap 600 ETF 464287804 28040 225857 SH SOLE 225857 0 0 J.P. Morgan Chase & Co. COM 46625H100 611 9172 SH SOLE 9172 0 0 J.P. Morgan Chase & Co. COM 46625H100 23 350 SH OTR 350 0 0 Johnson & Johnson COM 478160104 3913 33123 SH SOLE 33123 0 0 Johnson & Johnson COM 478160104 25 210 SH OTR 210 0 0 Kimberly-Clark Corporation COM 494368103 613 4862 SH SOLE 4862 0 0 Kimberly-Clark Corporation COM 494368103 17 135 SH OTR 135 0 0 Las Vegas Sands Corp COM 517834107 5439 94517 SH SOLE 94517 0 0 Las Vegas Sands Corp COM 517834107 65 1125 SH OTR 1125 0 0 Lear Corporation COM 521865105 3777 31161 SH SOLE 31161 0 0 LyondellBasell Industries NV COM N53745100 7001 86799 SH SOLE 86799 0 0 MannKind Corp. COM 56400P201 12 19865 SH SOLE 19865 0 0 Manulife Finl Corp COM 56501R106 375 26567 SH SOLE 26567 0 0 Manulife Finl Corp COM 56501R106 42 2995 SH OTR 2995 0 0 Marathon Petroleum Corporation COM 56585A102 4295 105807 SH SOLE 105807 0 0 McDonald's Corporation COM 580135101 1317 11414 SH SOLE 11414 0 0 McKesson COM 58155Q103 3940 23628 SH SOLE 23628 0 0 Merck & Co. Inc. COM 589331107 2943 47155 SH SOLE 47155 0 0 Merck & Co. Inc. COM 589331107 23 365 SH OTR 365 0 0 Michael Kors Holdings Ltd. COM G60754101 4751 101536 SH SOLE 101536 0 0 Microsoft Corporation COM 594918104 10761 186822 SH SOLE 186822 0 0 Microsoft Corporation COM 594918104 25 430 SH OTR 430 0 0 MidCap SPDRs ETF 595635103 649 2299 SH SOLE 2299 0 0 Murphy Oil Corporation COM 626717102 337 11100 SH SOLE 11100 0 0 Nestle S.A. COM 641069406 245 3100 SH SOLE 3100 0 0 Nestle S.A. COM 641069406 105 1335 SH OTR 1335 0 0 Network Appliance Inc. COM 64110D104 1993 55626 SH SOLE 55626 0 0 New York Community Bancorp Inc COM 649445103 389 27339 SH SOLE 27339 0 0 NextEra Energy Inc. COM 65339F101 315 2573 SH SOLE 2573 0 0 NextEra Energy Inc. COM 65339F101 24 200 SH OTR 200 0 0 NIKE Inc. COM 654106103 256 4866 SH SOLE 4866 0 0 Nordstrom Inc. COM 655664100 5729 110428 SH SOLE 110428 0 0 Novartis AG COM 66987V109 6613 83751 SH SOLE 83751 0 0 Novartis AG COM 66987V109 86 1085 SH OTR 1085 0 0 Novo Nordisk A/S (ADR) COM 670100205 8000 192362 SH SOLE 192362 0 0 Occidental Petroleum Corporati COM 674599105 115 1571 SH OTR 1571 0 0 Occidental Petroleum Corporati COM 674599105 4193 57501 SH SOLE 57501 0 0 Onmedia International Inc Illi COM 68299Z943 0 80000 SH SOLE 80000 0 0 Oracle Corporation COM 68389X105 5850 148940 SH SOLE 148940 0 0 PACCAR Inc COM 693718108 2228 37908 SH SOLE 37908 0 0 Paychex Inc. COM 704326107 298 5148 SH SOLE 5148 0 0 PepsiCo Inc. COM 713448108 1267 11652 SH SOLE 11652 0 0 Petaquilla Minerals COM 716013107 0 222500 SH SOLE 222500 0 0 Pfizer Inc COM 717081103 1715 50635 SH SOLE 50635 0 0 Pfizer Inc COM 717081103 15 440 SH OTR 440 0 0 Philip Morris International In COM 718172109 505 5193 SH SOLE 5193 0 0 Philip Morris International In COM 718172109 21 220 SH OTR 220 0 0 PowerShares DB Agriculture Fun ETF 73936B408 461 23091 SH SOLE 23091 0 0 PowerShares DB Base Metals ETF 73936B705 433 30796 SH SOLE 30796 0 0 PowerShares Dynamic Large Cap ETF 73935X708 392 12451 SH SOLE 12451 0 0 PowerShares FTSE RAFI US 1000 ETF 73935X583 46383 495546 SH SOLE 495546 0 0 PowerShares Fundamental Pure L ETF 739371102 2601 76921 SH SOLE 76921 0 0 PowerShares QQQ ETF 73935A104 274 2304 SH SOLE 2304 0 0 Principal Financial Group COM 74251V102 7324 142187 SH SOLE 142187 0 0 Principal Financial Group COM 74251V102 93 1805 SH OTR 1805 0 0 Procter & Gamble Company COM 742718109 1551 17282 SH SOLE 17282 0 0 ProShares Short MSCI EAFE ETF 74347R370 1167 36974 SH SOLE 36974 0 0 Public Storage Inc. COM 74460D109 212 951 SH SOLE 951 0 0 QUALCOMM Incorporated COM 747525103 9156 133667 SH SOLE 133667 0 0 Quest Oil Corp. COM 74836C108 0 11000 SH SOLE 11000 0 0 Rite Aid COM 767754104 82 10600 SH SOLE 10600 0 0 Robert Half International Inc. COM 770323103 4568 120644 SH SOLE 120644 0 0 Schlumberger Limited COM 806857108 4360 55444 SH SOLE 55444 0 0 Schwab Emerging Markets Equity ETF 808524706 3064 132851 SH SOLE 132851 0 0 Schwab International Equity ET ETF 808524805 2839 98614 SH SOLE 98614 0 0 Schwab U.S. Small-Cap ETF ETF 808524607 1442 25053 SH SOLE 25053 0 0 Schwab US Large-Cap ETF ETF 808524201 1742 33740 SH SOLE 33740 0 0 Schwab US Mid-Cap ETF ETF 808524508 1714 39381 SH SOLE 39381 0 0 Scripps Networks Interactive COM 811065101 4441 69952 SH SOLE 69952 0 0 Shire PLC COM 82481R106 6136 31653 SH SOLE 31653 0 0 Short S&P500 ProShares ETF 74347R503 1172 30794 SH SOLE 30794 0 0 Southern Company COM 842587107 400 7794 SH SOLE 7794 0 0 Southwest Airlines Co. COM 844741108 5613 144327 SH SOLE 144327 0 0 SPDR Barclays Short Term Corpo ETF 78464A474 679 22083 SH SOLE 22083 0 0 SPDR Blackstone/GSO Senior Loa ETF 78467V608 1082 22894 SH SOLE 22894 0 0 SPDR Gold Shares ETF 78463V107 1065 8478 SH SOLE 8478 0 0 SPDR S&P Dividend ETF 78464A763 305 3612 SH SOLE 3612 0 0 SPDR S&P Emerging Markets Smal ETF 78463X756 6358 147317 SH SOLE 147317 0 0 SPDRs ETF 78462F103 1683 7782 SH SOLE 7782 0 0 T. Rowe Price Group COM 74144T108 1848 27790 SH SOLE 27790 0 0 Taiwan Semiconductor Manufactu COM 874039100 6020 196780 SH SOLE 196780 0 0 Target Corporation COM 87612E106 5810 84588 SH SOLE 84588 0 0 Teradata Corporation COM 88076W103 2908 93795 SH SOLE 93795 0 0 Terra Tech Corp COM 88102J100 39 105054 SH SOLE 105054 0 0 Tesla Motors Inc. COM 88160R101 329 1611 SH SOLE 1611 0 0 Teva Pharmaceutical Industries COM 881624209 1772 38521 SH SOLE 38521 0 0 Teva Pharmaceutical Industries COM 881624209 62 1350 SH OTR 1350 0 0 Texas Instruments Incorporated COM 882508104 474 6755 SH SOLE 6755 0 0 The Hanover Insurance Group In COM 410867105 3578 47439 SH OTR 47439 0 0 The Hanover Insurance Group In COM 410867105 113 1500 SH SOLE 1500 0 0 The Toronto-Dominion Bank (USA COM 891160509 1617 36422 SH SOLE 36422 0 0 Tiffany COM 886547108 862 11869 SH SOLE 11869 0 0 Timberline Resources Corp COM 887133205 35 88000 SH SOLE 88000 0 0 Tivus Inc. COM 888728102 0 1108000 SH SOLE 1108000 0 0 Toyota Motor Corporation COM 892331307 2355 20292 SH SOLE 20292 0 0 Tupperware Corporation COM 899896104 4452 68098 SH SOLE 68098 0 0 U.S. Bancorp COM 902973304 1243 28984 SH SOLE 28984 0 0 Union Pacific Corporation COM 907818108 7613 78059 SH SOLE 78059 0 0 United Financial Bancorp COM 91030T109 146 10583 SH SOLE 10583 0 0 United Parcel Service Inc. COM 911312106 8128 74327 SH SOLE 74327 0 0 United Technologies Corporatio COM 913017109 570 5615 SH SOLE 5615 0 0 UnitedHealth Group COM 91324P102 5607 40052 SH SOLE 40052 0 0 Vaneck Vectors High-Yield Muni ETF 57060U878 24166 749328 SH SOLE 749328 0 0 Vanguard Dividend Appreciation ETF 921908844 797 9493 SH SOLE 9493 0 0 Vanguard Emerging Markets Stoc ETF 922042858 21750 578001 SH SOLE 578001 0 0 Vanguard FTSE All-World ex-US ETF 922042775 491 10814 SH SOLE 10814 0 0 Vanguard FTSE Developed Market ETF 921943858 23065 616557 SH SOLE 616557 0 0 Vanguard Growth ETF ETF 922908736 41467 369283 SH SOLE 369283 0 0 Vanguard High Dividend Yield I ETF 921946406 752 10425 SH SOLE 10425 0 0 Vanguard Mega Cap 300 Gr Index ETF 921910816 651 7439 SH SOLE 7439 0 0 Vanguard REIT ETF 922908553 208 2397 SH SOLE 2397 0 0 Vanguard S&P Mid-Cap 400 Index ETF 921932885 371 3552 SH SOLE 3552 0 0 Vanguard Small Cap ETF ETF 922908751 241 1972 SH SOLE 1972 0 0 Vanguard ST Corp Bond ETF ETF 92206C409 1874 23267 SH SOLE 23267 0 0 Vanguard Total Bond Market ETF ETF 921937835 1091 12971 SH SOLE 12971 0 0 Vanguard Total Stock Market ETF 922908769 256 2296 SH SOLE 2296 0 0 VEREIT Inc Class A COM 92339V100 127 12273 SH SOLE 12273 0 0 Verizon Communications Inc. COM 92343V104 4151 79864 SH SOLE 79864 0 0 Verizon Communications Inc. COM 92343V104 0 0 SH OTR 0 0 0 Walgreens Boots Alliance Inc. COM 931427108 440 5453 SH SOLE 5453 0 0 Wal-Mart Stores Inc. COM 931142103 265 3675 SH SOLE 3675 0 0 Walt Disney Company COM 254687106 55 590 SH OTR 590 0 0 Walt Disney Company COM 254687106 7550 81303 SH SOLE 81303 0 0 Wells Fargo & Company COM 949746101 220 4967 SH SOLE 4967 0 0 Wells Fargo & Company COM 949746101 15 349 SH OTR 349 0 0 Western Digital Corp. COM 958102105 7635 130571 SH SOLE 130571 0 0 Western Union COM 959802109 2341 112421 SH SOLE 112421 0 0 Whole Foods Market Inc. COM 966837106 4176 147286 SH SOLE 147286 0 0 Williams-Sonoma Inc. COM 969904101 6518 127600 SH SOLE 127600 0 0 WorldGate Communications Inc. COM 98156L307 0 164605 SH SOLE 164605 0 0 Xilinx Inc. COM 983919101 285 5246 SH SOLE 5246 0 0