Garrett Network Offers Its Fee-Only Planners Group Health Benefits


Sheryl Garrett announced the new benefit program at the group's annual conference.


The move indicates how much scale the biggest fee-only businesses have achieved over the last few years.


Far from being a one-woman operation, the Garrett network has expanded to 320 full-fledged planners scattered around the country, as well as a crowd of paraplanners, administrators, and other support staff.


They did this without watering down their "planning first" fee-only philosophy.


And now they're big enough that group benefits make sense.


How big is "big?" Garrett planners jointly manage $1.3 billion. 


That might be the benchmark for other independent advisory networks looking for a way to reward existing affiliates and attract new talent.

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