Garrett Consulting is a professional financial consulting organization that recognizes and strives to fulfill our clients' goals. Over the past 31 years, Paul Garrett has worked one-on-one with private businesses, individual investors, and corporations to come up with comprehensive plans to pursue clients' financial needs.
|Firm Start Year:||1988|
|Name of Broker/Dealer:||Commonwealth Financial Network|
|Name of Custodial Firm:||National Financial|
|States Licensed in:||IL|
|Number of Years with Current Firm:||19|
|I work with the following types of clients:||Businesses, Non-Profit Organizations, Individual Investors|
|Investment Types:||Exchange Traded Funds (ETFs), Stocks, Mutual Funds, Bonds, Options & Futures, Alternative Investments, Commodities, Mortgages & Real Estate, Annuities, Insurance, Managed Futures, Socially Responsible Investments (SRI)|
|I can meet clients in the following ways:||Via email, At your office, At your home, Via phone, At my office|
Qualifications & Memberships
|Insurance and Annuity Licenses:||Variable Life, Variable Annuity, Long Term Care, Health, Disability, Annuity|
|Non-Financial Organization Memberships:||Better Business Bureau|
|Firm's Number of Clients:||250|
|Firm's Number of Planning Clients:||250|
|Firm's Number of Managed Clients:||200|
|Assets Managed by Firm:||$154,000,000|
|Advisor's Number of Clients:||240|
|Advisor's Number of Managed Clients:||240|
|Advisor's Number of Planning Clients:||240|
|Assets Managed by Advisor:||$130,000,000|
|Compliance Disclosures in Last 5 years:||I have a clean record|
|Criminal Disclosures in Last 5 years:||I have a clean record|
Compensation and Fees
|Fee Structure:||Fee-Based (Fee and Commissions)|
|Minimum Portfolio Size for New Managed Accounts:||$100,000.00|
|Compensation Methods:||Commissions, Based on Assets|
Paul is the principal executive of Garrett Consulting Corporation and in his role is directly responsible for all investment, insurance and employee benefit product sales, marketing, administration and compliance regulation for the organization. He has been a practicing financial planner for over 31 years. He operates in a fiduciary capacity.
Paul's primary expertise is in investment planning, with an emphasis in qualified and non-qualified retirement plan consulting for small and medium sized businesses. He currently commands a client base of over 260 individual, business and institutional investors, and is managing in excess of $130 million for these clients. He holds a General Securities Representative (Series 7) and a General Securities Principal (Series 24) License with the Financial Industry Regulatory Authority (FINRA) and is a candidate for the Certified Financial Planner accreditation. Paul is highlighted as one of the top 7% of financial advisors as a Five-Star wealth manager in the November 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, and 2019 issues of Chicago Magazine.
Paul coordinates total financial plans for business and personal clients and is facile in the areas of business and personal life insurance, retirement, business strategy, employee benefit, executive benefit, disability insurance, estate, college funding and tax planning.
Paul resides in the western suburb of Oak Brook. He is active in the community, is a member of several professional organizations (including the Better Business Bureau), and is an accomplished guitarist and bassist who also enjoys swimming and serves on several nonprofit boards.
|Mon.||9:00 AM - 5:00 PM|
|Tue.||9:00 AM - 5:00 PM|
|Wed.||9:00 AM - 5:00 PM|
|Thu.||9:00 AM - 5:00 PM|
|Fri.||9:00 AM - 5:00 PM|
|Sat.||9:00 AM - 5:00 PM|
|Oak Park||Orland Park|
|Palos Heights||Palos Park|