Garrison Point Advisors, LLC (Walnut Creek)


Garrison Point Advisors, LLC is a related adviser based in Walnut Creek. It manages $119.71 million of regulatory assets for 284 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Hawaii, Louisiana, and 4 other states.

Garrison Point Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and advisory consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Garrison Point Advisors: assets under management

The assets under management (AUM) of Garrison Point Advisors, LLC is $119.71 million. The firm's AUM has gone down by -14% since the beginning of its operation, and $8.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $115.31 million in discretionary accounts and $4.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $433.51 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $244.07 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 59% of the total AUM. The second-largest asset type is investment and business development companies, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Garrison Point Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Garrison Point Advisors serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Garrison Point Advisors is high net worth individuals with 33 clients and $89.85 million of assets under management. Among the 9 most similar advisory firms, Garrison Point Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $119.71 million for 119 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Garrison Point Advisors doesn't advise any private funds.

Careers at Garrison Point Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Julie Therese Meissner Chief compliance officer 1 Dec 2017 Other 3020668
Lp Garrison Point Advisors Holdings Owner 1 Jan 2018 75% - 100% 82-3907821
Andy Li Chief financial officer 1 Jul 2018 Other 5304571

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Gp Llc Garrison Point Advisors General partner 1 Jan 2018 Other 82-3907720
Lp Garrison Point Holdings Owner 1 Jan 2018 25% - 50% 82-3910854
Gp Llc Garrison Point Holdings Owner and general partner 1 Jan 2018 25% - 50% 82-3910791
Julie Therese Meissner Owner 1 Jan 2018 50% - 75% 3020668
Garrett James Smith Owner 1 Jul 2018 25% - 50% 5213553
Tom Spencer Miner Owner 1 Jul 2018 25% - 50% 2082586
Garrett James Smith Owner 1 Jun 2019 75% - 100% 5213553
Thomas Spencer Miner Co trustee 1 Jun 2019 50% - 75% 2082586
Llc Trident63 Holdings Owner 1 Jun 2019 25% - 50% 83-3312233
Miner Family Trust Owner 1 Jun 2019 25% - 50% xxx-xx-xxxx
Julia Sandquist Miner Co trustee 1 Jun 2019 50% - 75% 7153109

Based in Walnut Creek

The principal office where Garrison Point Advisors, LLC performs its advisory services is located at 2033 N Main Street, Walnut Creek, CA 94596, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-887-1408 or by fax 415-887-1420. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at garpc.com/.