Garrett Wealth Advisory Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars. Financial planning was provided to 1,000 clients last fiscal year.
Garrett Wealth Advisory Group reports 798 clients. They include 488 individual clients, 286 high-net-worth individuals, and 18 corporations and other businesses. Of its assets, 100.0% ($970M across 2,039 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $970M. It advised 29 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 17% |
| High-net-worth individuals | 36% | 56% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 2% | 26% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 488 | $164M | 17.0% | $337K |
| High-net-worth individuals | 286 | $544M | 56.1% | $1.9M |
| Pension and profit-sharing plans | Fewer than 5 | $6.5M | 0.7% | $3.25M |
| Charitable organizations | Fewer than 5 | $312K | 0.0% | $77.9K |
| Corporations and other businesses | 18 | $254M | 26.2% | $14.1M |
| Total | 798 | $970M | 100% | — |
- Clients
- 488
- Regulatory AUM
- $164M
- AUM share
- 17.0%
- Avg. per client
- $337K
- Clients
- 286
- Regulatory AUM
- $544M
- AUM share
- 56.1%
- Avg. per client
- $1.9M
- Clients
- Fewer than 5
- Regulatory AUM
- $6.5M
- AUM share
- 0.7%
- Avg. per client
- $3.25M
- Clients
- Fewer than 5
- Regulatory AUM
- $312K
- AUM share
- 0.0%
- Avg. per client
- $77.9K
- Clients
- 18
- Regulatory AUM
- $254M
- AUM share
- 26.2%
- Avg. per client
- $14.1M
Total
- Clients
- 798
- Regulatory AUM
- $970M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 29
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1000
Garrett Wealth Advisory Group charges 0.75%–1.35% a year for its Garrett Wealth Advisory Group Wrap Fee Program. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Stand-alone financial planning and consulting are negotiable, generally $500 to $20,000 on a fixed fee basis or $50 to $300 an hour.
David Garrett owns 25% to 50% of Garrett Wealth Advisory Group. The leadership team of Garrett Wealth Advisory Group includes Chief Compliance Officer Kimberly Cushman. It has 20 employees, 19 of them in advisory roles.
Staff
- 20 employees
- 19 in advisory functions
- 19 state-registered reps
- 12 insurance agents
- Owns 25% to 50% of Garrett Wealth Advisory Group, LLC
David Garrett
Control person · since September 2014
- Owns 25% to 50% of Garrett Wealth Advisory Group, LLC
Brandon Garrett
Control person · since January 2018
Garrett Wealth Advisory Group’s regulatory assets grew 2.7× from $356M (July 2021) to $970M (September 2026); clients rose from 504 to 798 and employees from 7 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $970M | 798 | 20 | 4 |
| Apr 2025April 2025 | $804M | 760 | 16 | 4 |
| May 2024May 2024 | $473M | 599 | 14 | 4 |
| Jul 2023July 2023 | $392M | 591 | 10 | 3 |
| Mar 2022March 2022 | $448M | 563 | 11 | 3 |
| Jul 2021July 2021 | $356M | 504 | 7 | 3 |
Besides its headquarters, Garrett Wealth Advisory Group has 3 offices, with 4 listed addresses in 1 state.
Texas · 4 listed addresses
- 201 FT. Worth Hwy., WeatherfordHQ
- 24650 Kingsland BLVD, Katy
- 5107 82nd Street, Lubbock
- 5000 Overton Plaza, Fort Worth
Contact and registration details
- Legal name
- Garrett Wealth Advisory Group, LLC
- Headquarters
- 201 FT. Worth Hwy., Weatherford, TX 76086
- Website
- bentoakcapital.com
- Phone
- 817-550-6750
- @bentoakcapital
- SEC file
- 801-80598
- Structure
- Texas LLC
- Fiscal year end
- December
Garrett Wealth Advisory Group’s named custodian for separately managed accounts is LPL Financial ($54.2M). Garrett Wealth Advisory Group has custody of $546M for 588 clients.
- LPL FinancialLPL Financial LLC · Fort Mills, SC · $54.2M100%
At year end, Garrett Wealth Advisory Group’s separately managed accounts were mostly in funds (67%) and stocks (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $651M across 150 positions; the largest are Energy Transfer L P (16.1%), Wisdomtree TR (9.0%) and SPDR Series Trust (7.5%).
What the accounts hold
- Stocks15%
- Funds67%
- Bonds1%
- Cash3%
- Other14%
- Annuities, alternative investments, uit, master limited partnership, closed-end interval fund, warrant14%
How many clients does Garrett Wealth Advisory Group have?
Garrett Wealth Advisory Group has 798 clients and manages $970 million for them, as of September 2026. They include 488 individual clients, 286 high-net-worth individuals, and 18 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026
What services does Garrett Wealth Advisory Group offer?
Garrett Wealth Advisory Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Garrett Wealth Advisory Group charge?
Garrett Wealth Advisory Group charges 0.75%–1.35% a year for its Garrett Wealth Advisory Group Wrap Fee Program. The fee is billed in advance and is negotiable.
Source: GARRETT WEALTH ADVISORY GROUP - WRAP FEE BROCHURE, filed 2 September 2026
Which custodians does Garrett Wealth Advisory Group use?
Garrett Wealth Advisory Group’s separately managed account assets are held at LPL Financial LLC (Fort Mills, SC), with $54.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026
How many financial advisors does Garrett Wealth Advisory Group have?
Garrett Wealth Advisory Group has 19 investment adviser representatives registered with state securities authorities, out of 20 employees, and 19 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 12 employees are 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 Garrett Wealth Advisory Group invest in?
At the end of its last fiscal year, Garrett Wealth Advisory Group’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 14% other, 3% cash and equivalents and 1% state and local bonds. The 14% other category is described as: Annuities, Alternative Investments, Uit, Master Limited Partnership, Closed-End Interval Fund, Warrant.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Garrett Wealth Advisory Group?
Garrett Wealth Advisory Group’s direct owners are David Garrett and Brandon Garrett, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 2 September 2026
How does Garrett Wealth Advisory Group get paid?
Garrett Wealth Advisory Group 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
How do I contact Garrett Wealth Advisory Group?
Garrett Wealth Advisory Group’s main office is at 201 FT. Worth Hwy., Weatherford, TX 76086. Its phone number is 817-550-6750. Its website is bentoakcapital.com.
