Garrison Phillips offers investment advice, manages portfolios, and provides financial planning to individuals, high net worth individuals, institutions, and retirement plans. For investment management, Garrison Phillips assesses your risk tolerance and creates a strategic asset allocation, then deploys a tactical allocation based on market conditions. They primarily use ETFs for equity exposure and individual securities for fixed income, but may also use mutual funds, options, and individual stocks. Planning services cover retirement, education, estate, and insurance needs.
Fee Structure
Garrison Phillips offers investment management services where fees are negotiated based on asset allocation, transaction frequency, and security types. The basic fee structure is:
- Accounts under $1 million: 1.10% to 1.50% per year
- Accounts between $1 million and $2.5 million: 1.00% per year
- Accounts between $2.5 million and $4.0 million: 0.80% per year
- Accounts greater than $4.0 million: 0.75% or lower per year
Fees are deducted directly from your account quarterly.