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Steve Garrett and Associates
Steve Garrett and Associates operates a boutique US registered investment advisory focused on direct securities portfolios for individuals and...
Steve Garrett and Associates
Steve Garrett and Associates, Inc. is a boutique investment advisory firm structured as a corporation, a legal form that suggests an established, multi-generational practice. The firm is led by its namesake president, Steve Garrett, who maintains direct oversight of client relationships and investment strategy. The corporate structure indicates a durable operating entity, likely serving a concentrated base of high-net-worth individuals, trusts, and small institutions across the United States. The firm's investment approach centers on constructing customized portfolios of individual equities and fixed-income securities. This direct-ownership model bypasses the layered fees and limited transparency of mutual funds, aligning with the fiduciary standards required of registered investment advisors. The strategy is inherently concentrated and research-intensive, emphasizing long-term capital appreciation and income generation tailored to each client's tax circumstances and liquidity needs. The firm operates as a lean, principal-led practice. The corporate structure and sole named principal suggest a continuity plan or a tightly held ownership group, which is common among advisory firms managing multi-generational family wealth. There is no public record of adjacent vehicles, philanthropic foundations, or club memberships tied to the firm's operating entity. The firm's structural differentiator is its corporate charter as a direct advisory practice, which separates it from broker-dealers and commission-based wealth managers. This architecture imposes a fiduciary duty requiring the firm to place client interests first in every transaction, a legal standard that remains a meaningful governance distinction in US wealth management.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
—
Corporate office
—
Principals
Steve Garrett
President
Frequently asked questions
Who runs investment decisions at Steve Garrett and Associates?
The firm is led by its president, Steve Garrett, who is the named principal overseeing investment strategy and client portfolios. This structure indicates a centralized decision-making process where the firm's founder maintains direct, personal responsibility for asset allocation, security selection, and risk management. This is typical of boutique registered investment advisors where the portfolio manager's personal reputation and track record are the core offering.
Is Steve Garrett and Associates a broker-dealer or a fiduciary?
As a registered investment advisor organized as a corporation, the firm operates under a fiduciary standard. This legally requires the firm to act in its clients' best interests, avoiding conflicts of interest and disclosing any that arise. This stands in contrast to broker-dealers, who are held to a lower suitability standard. The fiduciary obligation is a foundational element of the firm's value proposition to clients.
Does the firm use mutual funds or create separate accounts?
The firm is known for constructing portfolios of individual stocks and bonds directly for clients, rather than using pooled investment vehicles like mutual funds or ETFs. This separate-account approach allows for direct ownership of securities, which gives clients full transparency into holdings, the ability to harvest tax losses at the individual-security level, and a strategy that is not subject to redemptions by other investors.
Why is the firm structured as a corporation?
The corporate structure often provides continuity beyond a single owner, supporting succession planning and a more formalized governance framework. For clients, this signals that the advisory practice is built to endure beyond its founder. It also provides a clear legal separation between the firm's liabilities and the personal assets of its owner, a detail that sophisticated families scrutinize when choosing a long-term wealth manager.
What is the firm's known posture on co-investments alongside external parties?
There is no public record indicating that Steve Garrett and Associates participates in syndicated co-investments, club deals, or partnerships with external general partners. Its model is defined by direct, self-managed public-market portfolios. The absence of any disclosed alternative-asset or private-placement activity reinforces its identity as a pure-play, research-driven manager of liquid securities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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