Andrew Garrett

Jordan Belfort held his early securities license at Andrew Garrett before leaving to found Stratton Oakmont, the firm at the center of a large-scale securities fraud portrayed in his memoir and the Scorsese film. Andrew Garrett itself was not charged in the Stratton Oakmont matter, and the distinction between the firm and the individual who worked there is a critical regulatory nuance.

The entity remains registered with FINRA and the SEC as a broker-dealer, based on public regulatory records. However, it does not appear to maintain an active retail advisory business, a distribution force, or publicly marketed investment products, consistent with either a dormant registration or a behind-the-scenes private-placement conduit.

There is no publicly available evidence of an active asset-management arm, commingled fund complex, or advisory platform associated with Andrew Garrett today. Its regulatory footprint is consistent with a legacy broker-dealer maintaining registration without conducting open-market business.

Historically, the firm operated in the microcap and over-the-counter equity space. More recently, its name appears in connection with private-placement memoranda and Regulation D offerings — suggesting, if anything, a role in exempt securities distribution rather than large-cap execution or advisory.

The names of current principals, officers, and control persons are not publicly confirmed through the firm's own disclosures. FINRA BrokerCheck and SEC records would list registered individuals, but without a known website or marketing presence, the firm's operational leadership remains opaque to outside observers.