{"url":"https://nivawealth.com/firms/garner-asset-management-115350","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/115350","regulatoryAum":413964643,"crd":"115350","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4467833","suffix":null,"lastName":"GARNER","firstName":"ROBERT","middleName":"SIBLEY"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-30","regulatoryAum":313399266,"clients":187,"employees":2,"offices":2},{"filedOn":"2022-03-24","regulatoryAum":378086000,"clients":181,"employees":2,"offices":1},{"filedOn":"2023-03-29","regulatoryAum":331079681,"clients":120,"employees":1,"offices":1},{"filedOn":"2024-03-27","regulatoryAum":364159361,"clients":107,"employees":2,"offices":1},{"filedOn":"2025-03-26","regulatoryAum":404196381,"clients":115,"employees":2,"offices":1},{"filedOn":"2026-03-23","regulatoryAum":413964643,"clients":112,"employees":2,"offices":1}],"secFileNumber":"801-107524","legalName":"Garner Asset Management Corporation","displayName":"Garner Asset Management","slug":"garner-asset-management-115350","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1998","organization":"Texas corporation","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"28 March 2016","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":3305702.1339285714,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":413964643,"discretionary":413964643,"discretionaryAccounts":434,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":16,"regulatoryAum":6743678},{"label":"High-net-worth individuals","clients":96,"regulatoryAum":363494961},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":43726004}],"feePrograms":[{"role":"main","program":"Annual Investment Management Fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023866","versionId":1023866,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-23","documentName":"2026 ANNUAL UPDATE BROCHURE","fee_rate_low":0.9,"fee_rate_high":1.1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":550},{"role":"other","program":"Hourly and Fixed-Fee Engagements","summary":"Hourly work is billed at $200 an hour with a $550 minimum; fixed fees are negotiated case by case, with a $550 minimum fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023866","versionId":1023866,"submittedOn":"2026-03-23","documentName":"2026 ANNUAL UPDATE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:35:37.289974+00:00","documents":[{"name":"2026 ANNUAL UPDATE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023866","versionId":1023866,"submittedOn":"2026-03-23"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":413964643}],"custodyNote":"Garner Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Robert Garner","title":"President/Shareholder","crd":"4467833"},{"name":"Will Clark","title":"Chief Compliance Officer","crd":"5089829"}],"ownership":[{"label":"Robert Garner","detail":"President/shareholder in the 75% or more ownership band and a control person, since April 1998."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"913-481-8625","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":51},{"label":"U.S. government/agency bonds","percent":13},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":7},{"label":"Securities issued by registered investment companies or business development companies","percent":24},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"23 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/115350/PDF/115350.pdf","brochureDate":"23 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1023866","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Garner Asset Management have?","answer":"Garner Asset Management has 112 clients and manages $414 million for them, as of March 2026. They include 96 high-net-worth individuals and 16 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Garner Asset Management offer?","answer":"Garner Asset Management provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Garner Asset Management charge?","answer":"Garner Asset Management charges 0.90%–1.10% a year for its Annual Investment Management Fee. The fee is billed in advance, is negotiable and has a $550 annual minimum.","source":"2026 ANNUAL UPDATE BROCHURE, filed 23 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Garner Asset Management use?","answer":"Garner Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $414M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Garner Asset Management have?","answer":"Garner Asset Management has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Garner Asset Management invest in?","answer":"At the end of its last fiscal year, Garner Asset Management’s separately managed accounts held 51% exchange-traded equities, 24% registered funds (mutual funds, ETFs, BDCs), 13% U.S. government and agency bonds, 7% investment grade corporate bonds, 2% state and local bonds and 1% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Garner Asset Management?","answer":"Garner Asset Management’s direct owner is Robert Garner (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Garner Asset Management get paid?","answer":"Garner Asset Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Garner Asset Management?","answer":"Its phone number is 913-481-8625.","source":"Form ADV Part 1A, Item 1.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}