Andrew Garrett, Inc. (New York)


Andrew Garrett, Inc. is a mid-sized advisory firm based in New York. It manages $95.05 million of regulatory assets for 395 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona, Arkansas, California, and 16 other states.

Andrew Garrett provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Andrew Garrett: assets under management

The assets under management (AUM) of Andrew Garrett, Inc. is $95.05 million. The firm's AUM has grown by 3068% since the beginning of its operation, and $7.68 million of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in non-exchange traded securities form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Andrew Garrett, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrew Garrett Sycoff serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Andrew Garrett Sycoff is high net worth individuals with 157 clients and $53.71 million of assets under management. Among the 5 most similar advisory firms, Andrew Garrett has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $95.05 million for 395 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Andrew Garrett doesn't advise any private funds.

Careers at Andrew Garrett, Inc.

The company employs 20 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 20 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.

Andrew Garrett Sycoff has been acting as President since 1 Nov 2001. Estate Of Jesse Upchurch joined the executive team most recently as the Share Holeder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Richard Timothy Pigg Vice president operations 1 Oct 1997 Other 2173165
Gary Michael Deweese President 1 Dec 1997 Other 2232501
Dana Edward Peterson Vice president 1 Dec 1997 Other 2510405
Paul Douglas Lawrence Financial and operations principal 1 Aug 1999 Other 3262901
Andrew Garrett Sycoff Chief executive officer/director 1 Nov 2001 Other 2119089
Andrew Garrett Holding Corp Owner 1 Nov 2001 50% - 75% 11-3119559
Jesse L Upchurch Direct owner 1 Nov 2001 25% - 50% xxx-xx-xxxx
Revan R Schwartz Exec vp and c.l.o./director 1 Nov 2001 Other 2748110
Revan Richard Schwartz Exec vp and c.l.o./director 1 Nov 2001 Other 2748110
James Robert Jr Mitchell Chief administrative officer 1 May 2003 Other 1374268
Matthew David Sullivan Financial & operations principal/ cfo 1 Jun 2005 Other 2643274
Mark Henry Maurer Director of compliance 1 Nov 2005 Other 1496683
Jesse Lloyd Upchurch Share holder 1 Mar 2006 Other 4658478
Mariano A Henin Svp investment mgmt 1 Apr 2007 Other 5107017
Jannelle Lynn Cannizzaro Fong Chief financial officer/finop 1 May 2007 Other 4249300
Mark Henry Maurer Senior compliance officer 1 May 2010 Other 1496683
Albert L Akerman Chief compliance officer 1 May 2010 Other 1699114
Albert L (Mi Only) Akerman Chief compliance officer 1 May 2010 Other 1699114
Robert Nathan Schaffer Chief compliance officer 1 Jun 2011 Other 4709587
Estate Of Jesse Upchurch Share holeder 1 Feb 2018 Other 25-0204287

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Andrew Garrett Sycoff Owner 1 Aug 1992 75% - 100% 2119089

Based in New York

The principal office where Andrew Garrett, Inc. performs its advisory services is located at 52 Vanderbilt Ave, New York, NY 10017 The mailing address of the firm is 52 Vanderbilt Ave, Nyc, NY 10017. An additional office of the firm is in Springfield, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-682-8833 or by fax 646-708-9671. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at andrewgarrett.com.