{"url":"https://nivawealth.com/firms/garnett-advisors-289930","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/289930","regulatoryAum":265724269,"crd":"289930","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6852298","suffix":null,"lastName":"Coleman","firstName":"William","middleName":null}],"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":"2021-03-25","regulatoryAum":195313759,"clients":7,"employees":2,"offices":1},{"filedOn":"2022-03-25","regulatoryAum":224193010,"clients":7,"employees":2,"offices":1},{"filedOn":"2023-03-27","regulatoryAum":212752153,"clients":7,"employees":2,"offices":1},{"filedOn":"2024-03-13","regulatoryAum":229865238,"clients":7,"employees":2,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":251604134,"clients":7,"employees":2,"offices":1},{"filedOn":"2026-03-24","regulatoryAum":265724269,"clients":7,"employees":2,"offices":1}],"secFileNumber":"801-114876","legalName":"Garnett Advisors, LLC","displayName":"Garnett Advisors","slug":"garnett-advisors-289930","website":null,"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1121 Dallas Drive, Suite 1","city":"Denton","state":"TX","stateName":"Texas","country":"United States","postalCode":"76205"},"tradeNames":[],"registration":{"secApproved":"22 March 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":265724269,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":265724269,"nonDiscretionaryAccounts":7,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1,"fewerThan5":true,"regulatoryAum":585267},{"label":"High-net-worth individuals","clients":2,"fewerThan5":true,"regulatoryAum":8288500},{"label":"Banking or thrift institutions","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Pension and profit-sharing plans","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Charitable organizations","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"State or municipal government entities","clients":1,"fewerThan5":true,"regulatoryAum":162082681},{"label":"Other investment advisers","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Insurance companies","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Sovereign wealth funds and foreign official institutions","clients":0,"fewerThan5":true,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":3,"fewerThan5":true,"regulatoryAum":94767821},{"label":"Other","clients":0,"fewerThan5":true,"regulatoryAum":0}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Frost Brokerage Services, Inc.","shortName":"Frost Brokerage Services","location":"San Antonio, TX","smaAssets":162082681},{"name":"J.P. Morgan Securities LLC","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":18161170},{"name":"Morgan Stanley Smith Barney LLC","shortName":"Morgan Stanley","location":"Purchase, NY","smaAssets":36770565},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":48612138}],"custodyNote":"Garnett Advisors does not have custody of client assets.","leadership":[{"name":"Rebecca Michael","title":"Chief Compliance Officer","crd":"7075896"},{"name":"William Coleman","title":"Founding Member","crd":"6852298"}],"ownership":[{"label":"William Coleman","detail":"Founding member in the 75% or more ownership band and a control person, since August 2016."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"1121 Dallas Drive, Suite 1","city":"Denton","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"940-387-3881","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":54},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":15},{"label":"Investment grade corporate bonds","percent":12},{"label":"Cash and cash equivalents","percent":16},{"label":"Other","percent":2,"detail":"Private Reit and \nReal Estate Limited Partnerships"}],"privateFunds":0},"sources":{"adv1FilingDate":"24 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/289930/PDF/289930.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Garnett Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Garnett Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Garnett Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Garnett Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Garnett Advisors invest in?","answer":"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 \nReal Estate Limited Partnerships.","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 Garnett Advisors?","answer":"Garnett Advisors’ direct owner is William Coleman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Garnett Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Garnett Advisors registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Garnett Advisors?","answer":"Garnett Advisors’ main office is at 1121 Dallas Drive, Suite 1, Denton, TX 76205. Its phone number is 940-387-3881.","source":"Form ADV Part 1A, Item 1.F, filed 24 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."}