Garnett Advisors provides portfolio management for individuals and small businesses.
Garnett Advisors reports 7 clients. They include 3 corporations and other businesses, 2 high-net-worth individuals, and 1 individual client. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $266M across 7 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 14% | <1% |
| High-net-worth individuals | 29% | 3% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | 0% | 0% |
| Charitable organizations | 0% | 0% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses; Other | 57% | 97% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | $585K | 0.2% | $585K |
| High-net-worth individuals | Fewer than 5 | $8.29M | 3.1% | $4.14M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $162M | 61.0% | $162M |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $94.8M | 35.7% | $31.6M |
| Other | Fewer than 5 | $0 | 0.0% | — |
| Total | 7 | $266M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $585K
- AUM share
- 0.2%
- Avg. per client
- $585K
- Clients
- Fewer than 5
- Regulatory AUM
- $8.29M
- AUM share
- 3.1%
- Avg. per client
- $4.14M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $162M
- AUM share
- 61.0%
- Avg. per client
- $162M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $94.8M
- AUM share
- 35.7%
- Avg. per client
- $31.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 7
- Regulatory AUM
- $266M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Garnett Advisors is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
William Coleman owns 75% or more of Garnett Advisors. The leadership team of Garnett Advisors includes Chief Compliance Officer Rebecca Michael. It has 2 employees, 1 of them in advisory roles.
Leadership
- Rebecca MichaelChief Compliance Officer
- William ColemanFounding Member
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- William Coleman
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Garnett Advisors, LLC
William Coleman
Control person · since August 2016
Garnett Advisors’ regulatory assets grew from $195M (March 2021) to $266M (March 2026); clients were 7 in both filings and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $266M | 7 | 2 | 1 |
| March 2025 | $252M | 7 | 2 | 1 |
| March 2024 | $230M | 7 | 2 | 1 |
| March 2023 | $213M | 7 | 2 | 1 |
| March 2022 | $224M | 7 | 2 | 1 |
| March 2021 | $195M | 7 | 2 | 1 |
Besides its headquarters, Garnett Advisors has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 1121 Dallas Drive, Suite 1, DentonHQ
Contact and registration details
- Legal name
- Garnett Advisors, LLC
- Headquarters
- 1121 Dallas Drive, Suite 1, Denton, TX 76205
- Website
- Not reported
- Phone
- 940-387-3881
- SEC file
- 801-114876
- Structure
- Texas LLC
- Fiscal year end
- December
Garnett Advisors uses Frost Brokerage Services ($162M, 61%), Charles Schwab ($48.6M, 18%) and Morgan Stanley ($36.8M, 14%), among others, as custodians for its separately managed accounts. Garnett Advisors does not have custody of client assets.
- Frost Brokerage ServicesFrost Brokerage Services, Inc. · San Antonio, TX · $162M61%
- J.P. MorganJ.P. Morgan Securities LLC · New York, NY · $18.2M7%
- Morgan StanleyMorgan Stanley Smith Barney LLC · Purchase, NY · $36.8M14%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $48.6M18%
At year end, Garnett Advisors’ separately managed accounts were mostly in stocks (54%) and bonds (28%).
What the accounts hold
- Stocks54%
- Bonds28%
- State and local bonds15%
- Investment grade corporate bonds12%
- U.S. government and agency bonds1%
- Cash16%
- Other2%
- Private reit and real estate limited partnerships2%
How many clients does Garnett Advisors have?
Garnett Advisors has 7 clients and manages $266 million for them, as of March 2026. They include 3 corporations and other businesses, 2 high-net-worth individuals, and 1 individual client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Garnett Advisors offer?
Garnett Advisors provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Garnett Advisors use?
Garnett Advisors’ separately managed account assets are held at Frost Brokerage Services, Inc. (San Antonio, TX), with $162M, Charles Schwab & Co., Inc. (San Francisco, CA), with $48.6M, Morgan Stanley Smith Barney LLC (Purchase, NY), with $36.8M and J.P. Morgan Securities LLC (New York, NY), with $18.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Garnett Advisors have?
Garnett Advisors 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
What does Garnett Advisors invest in?
At the end of its last fiscal year, Garnett Advisors’ separately managed accounts held 54% exchange-traded equities, 16% cash and equivalents, 15% state and local bonds, 12% investment grade corporate bonds, 2% other and 1% U.S. government and agency bonds. The 2% other category is described as: Private Reit and Real Estate Limited Partnerships.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Garnett Advisors?
Garnett Advisors’ direct owner is William Coleman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Garnett Advisors get paid?
Garnett Advisors is paid through a percentage of assets under management. 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
Is Garnett Advisors registered with the SEC?
Yes, Garnett Advisors has been registered with the SEC as an investment adviser since 22 March 2019. Its CRD number is 289930 and its SEC file number is 801-114876.
Source: Form ADV Part 1A, Item 1, filed 24 March 2026; IAPD firm record
How do I contact Garnett Advisors?
Garnett Advisors’ main office is at 1121 Dallas Drive, Suite 1, Denton, TX 76205. Its phone number is 940-387-3881.