Garrett Wealth Advisory Group, LLC
Garrett Wealth Advisory Group, LLC (GWAG) is a Texas-based registered investment adviser headquartered in Weatherford, TX. Founded in 2014, the firm is majority owned by David Wayne Garrett, Brandon Wayne Garrett, and Jason McGarraugh. In 2020, GWAG began doing business as BentOak Capital. As of December 2024, the firm manages approximately $803.7 million in discretionary assets and provides comprehensive advisory services including investment management, financial planning, and retirement plan consulting. The firm has 16 employees and serves a broad client base mainly composed of individuals and high net worth individuals, along with some businesses and charitable organizations.
Investment Strategy
Garrett Wealth Advisory Group (BentOak Capital) constructs portfolios primarily using a blend of open-end mutual funds and exchange-traded funds (ETFs), tailored to each client's portfolio size and investment goals. Their strategies range from capital preservation to aggressive growth, with the aggressive growth portfolio aiming for high long-term growth and capital appreciation and little or no focus on current income. The firm's approach is flexible, tax sensitivity is generally less emphasized, and advisory fees can be negotiated based on client circumstances or asset size. All strategies are available within their wrap fee program and risk management, including loss of principal, is clearly communicated to clients.
Top Holdings
Equity Positions (114)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
E ET | ENERGY TRANSFER L P | 21.02% | $99.3M | 5,479,456 | $16.04 | $18.13 | -$2.5M |
E EPS | WISDOMTREE TR | 10.73% | $50.7M | 792,460 | $44.31 | $64.01 | +$4.6M |
S SPYG | SPDR SERIES TRUST | 7.85% | $37.1M | 389,343 | $69.42 | $95.32 | +$5.0M |
P PRF | INVESCO EXCHANGE TRADED FD T | 6.94% | $32.8M | 775,881 | $33.32 | $42.27 | +$3.0M |
J JHMM | JOHN HANCOCK EXCHANGE TRADED | 6.70% | $31.7M | 518,173 | $57.41 | $61.13 | +$3.7M |