For Interested Advisors
Join Garrett Investment Advisors, LLC, a Fee-Only SEC registered investment advisor, and let us take many of the compliance, operations, billing, software/tool selection functions off your plate so you can spend more time focusing on what truly matters–your clients. Build your own local brand as a DBA office of Garrett Investment Advisors, LLC, using the platform outlined below.
For additional information please contact Justin@GarrettAdvisors.com.
|Firm Registration of 1 DBA Office with 1 IAR |
–U-4, Form ADV Part 2 and Form ADV Part 2B
|Initial registration within 15 days as an Investment Advisor Representative (IAR) of Garrett Investment Advisors, LLC.|
|Flexibility of Multiple Service Models|
–Fee-Only Hourly and Retainer
–Fee-Only Hourly and AUM
–Fee-Only Hourly and Retainer and AUM
|Provide services on a Fee-Only, hourly, accessible basis. Service and fee options include: project, fixed, monthly subscription, quarterly retainer and AUM.|
|Billing Solution||All billing is processed by Garrett Investment Advisors, LLC. Advisors are paid on the 1st and 15th of each month.|
|Compliance Program||All ongoing compliance managed by Garrett Investment Advisors, LLC using MyRIACompliance.|
|Markel E&O Insurance||Professional liability (E&O) insurance is provided.|
|Cognito Forms||Secure, online confidential client questionnaires, risk questionnaires and Investment Policy Statements (IPSs) are provided.|
|Redtail CRM||Customer Relationship Management (CRM) software is provided.|
|Redtail Email||Email hosting is provided. 1 email address is included. For additional email addresses, costs passed on to advisor.|
|Smarsh Archiving||Email, website and social media archiving software is provided.|
|Egnyte||Document Management Software (DMS) is provided.|
|Adobe Sign||Electronic signature software is provided.|
|TD Ameritrade Institutional||Access to an institutional custodian is provided.|
|Dimensional Fund Advisors||Garrett Investment Advisors, LLC, is a Dimensional-approved firm.|
75+ low-cost, centrally-managed portfolios
–Strategic ETF (diversified and tax-aware)
–DFA (diversified, tax-aware and SRI)
–Managed fund (diversified, tax-aware and ESG)
–Individually managed (diversified and tax-aware)
|Overlay Managed Portfolios|
Management of advisor-created portfolios
|Central management of your custom model portfolios available. Please contact us for more details.|
–Morningstar Back Office Services
|Access to Morningstar Office for $650/year (required if using Garrett Portfolios or Overlay Managed Portfolios).|
|Built-In Succession Plan||Access to built-in succession plan in case of death or disability, as well as planned sale (e.g. retirement).|
|Optional Add-Ons||Access to in-house Administrative Services for $45/hour. Access to in-house Paraplanner Services for $65/hour.|
|Join our NAPFA Corporate Membership for $275/year.|
|Access to Morningstar ByAllAccounts for held-away assets for $40/account/year.|
Current licensing fee to join Garrett Investment Advisors, LLC:
$2500 1-time affiliation fee ($500 non-refundable if GIA cannot accept advisor into firm (based on background check, etc.), full amount non-refundable if advisor decides not to proceed).
$800/month ongoing fee (months 2+).
Note: Garrett Planning Network membership eligibility is required to join Garrett Investment Advisors, LLC, specifically:
–Advisor will obtain CFP® certification within five (5) years from the date of initial registration with the firm. GIA advisors satisfy CFP work experience under 2-year Apprenticeship Pathway.
–Advisor will provide accessible financial advice, which for purposes hereof means to provide financial advice on an as-needed basis to individuals from all walks of life, without any minimums as to income, assets, net worth, length of engagement or revenues generated.