Integrating Technology to Provide Generational Financial Planning

Paul Garnett
Founder, Financial Advisor
Garnett Investment Strategies

Traci Garnett
Founder, Financial Advisor
Garnett Investment Strategies

Working with Envestnet since
2013

“While their work styles may differ, both Paul and Traci Garnett believe Envestnet has improved efficiencies across their practice, allowing them to focus on higher-net-worth clients and larger accounts.”

Garnett Investment Strategies, based in Beatrice, Nebraska, is a family owned business with more than 40 years of experience in retirement and wealth management planning. Paul Garnett founded Garnett Investment Strategies with his daughter, Traci Garnett, in 2013, leveraging his decades of work and traditional training from Edward Jones.

Soon after the firm was founded, Paul and Traci realized that their broker-dealer offering was no longer working. There were excessive fees on retail mutual funds and restrictions on what mutual funds Garnett could sell and present to clients. What’s more, there was no transparency on what the fees were and where they came from, ultimately putting advisors and clients in a difficult position. Garnett needed to find a way to best serve their clients and to identify more solutions for clients who wanted to manage risk with investment tools other than an annuity or bonds.

Read more about their story and how Envestnet supports their needs.