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.

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.

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.

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.

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.