Steve Garrett And Associates,Inc. (Monrovia)


Steve Garrett And Associates,Inc. is a mid-sized advisory firm based in Monrovia. It manages $25 million of regulatory assets for 75 client accounts. It has been registered with the SEC as an adviser since 2018.

Steve Garrett And Associates provides publication of newsletters and expert witness. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Steve Garrett And Associates: assets under management

The assets under management (AUM) of Steve Garrett And Associates,Inc. is $25 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $17 million in discretionary accounts and $8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $340 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $320 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Steve Garrett And Associates,Inc. for their services and products based on hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Steve Garrett And Associates serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Steve Garrett And Associates is high net worth individuals with 50 clients and $17 million of assets under management. Among the 9 most similar advisory firms, Steve Garrett And Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $25 million for 75 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.

Steve Garrett And Associates doesn't advise any private funds.

Careers at Steve Garrett And Associates,Inc.

The company employs 3 people that are either part- or full-time employees. 67 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
Stephen Earl Garrett Chief compliance officer 1 Jan 2003 75% - 100% 218223

Based in Monrovia

The principal office where Steve Garrett And Associates,Inc. performs its advisory services is located at 2003 S Myrtle Avenue, Monrovia, CA 91016, 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 626-390-4753 or by fax 626-930-0825. The normal business hours are 8-3 on Monday - Friday. You can find more information about the New York firm at garrett-associates.net.