F.L.Putnam Investment Management Co. (FLP) has announced its expansion into Wisconsin with the acquisition of the Red Granite team from an affiliate of 1251 Capital Group. The transaction expands FLP’s proprietary equity investment platform and further adds to its Midwest presence. The Red Granite team will continue working from its office in downtown Milwaukee.
Red Granite is led by co-CIOs Joel Vrabel and David Drzadinski, who have managed a large-cap growth equity strategy together since 1996. The team oversees more than $1 billion in assets for private clients as of Aug. 31, 2026.
The Red Granite large-cap growth equity strategy is managed by a six-person team that employs a fundamental, bottom-up approach designed to identify the most attractive, high-quality portfolio investments. The goal of the strategy is to outperform the Russell 1000 Growth Index during a market cycle while maintaining lower risk and volatility. The team seeks
