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Membership Guidelines

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Membership Guidelines

We offer our members the opportunity to be part of a dynamic, national network of Fee-Only, hourly-based financial advisors.

  • As Fee-Only advisors our members do not accept commissions or third-party compensation of any kind. Detailed rules regarding transitioning to a Fee-Only practice can be found on the application for membership. Please click here to view a read-only copy of the application.
  • We embrace NAPFA’s fiduciary oath and definition of Fee-Only and we strongly encourage our members to become NAPFA-Registered Advisors. However, NAPFA membership is not a requirement.
  • We focus on serving our clients on an hourly, as-needed basis. Garrett advisors must provide financial advice on an as-needed basis to individuals from all walks of life. Therefore, Garrett advisors must provide their services to at least 51% of all client engagements without any minimums as to income, assets, net worth, length of engagement or revenues generated. Accessible, Fee-Only, hourly-based services are our key marketing differentiators.
  • Advisors, accepted as members of the Garrett Planning Network on or after January 1, 2007, must obtain CFP® certification within five (5) years from the date of initial RIA registration as a Garrett member. Under special circumstances a member may be eligible for a waiver or an extension to this time requirement. Advisors accepted as members of the Network prior to January 1, 2007, are strongly encouraged, but not required to obtain CFP® certification.

Garrett Planning Network makes no representations or warranties of any kind with respect to the success or profitability associated with Fee-Only services and disclaims all liability associated therewith.

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