Garrett Nagle & Co., Inc. (Woburn)


Garrett Nagle & Co., Inc. is a large advisory firm based in Woburn. It manages $100.81 million of regulatory assets for 164 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Georgia, Indiana, and 9 other states.

Garrett Nagle & Co. provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Garrett Nagle & Co.: assets under management

The assets under management (AUM) of Garrett Nagle & Co., Inc. is $100.81 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $614.7 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 29% of the firm’s portfolio. Investments in other assets form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Garrett Nagle & Co., Inc. for their services and products based on a percentage of assets under management and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Garrett Nagle & Co. serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Garrett Nagle & Co. is high net worth individuals with 49 clients and $81.64 million of assets under management. Among the 8 most similar advisory firms, Garrett Nagle & Co. has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $100.81 million for 99 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Garrett Nagle & Co. doesn't advise any private funds.

Careers at Garrett Nagle & Co., Inc.

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 doesn’t compensate 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
Noreen Louise Wight Vice president, clerk 1 Jan 1976 Other 1482616
Garrett James Jr Nagle President, treasurer, director 1 Jan 1976 75% - 100% 344576
Garrett Thomas Nagle Chief compliance officer 1 May 2003 Other 2205589

Based in Woburn

The principal office where Garrett Nagle & Co., Inc. performs its advisory services is located at 300 Unicorn Park Drive, Woburn, MA 01801 3363, 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 617-737-9090 or by fax 781-939-0411. The normal business hours are 9:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at garrettnagle.com.