Garrison Asset Management

Specialties

Our focus is providing clients with a stable return on their investment portfolio by emphasizing fixed income investments. Our knowledge and experience with fixed income investments is based on years of experience assisting large corporations such as Unilever, Lexmark and the New York Stock Exchange with their retirement plan assets. We now use this knowledge/​experience to build custom portfolios for small businesses and individuals.

History

Established in 2000.

Garrison Asset Management (GAM) was started in 2000 as a distributor of mutual funds throughout Micronesia under the name of IBTC (International Bank and Trust Company). In the late 1990’s, GAM’s founder, Gar Urette was working in Micronesia as the President of National Development Bank of the Republic of Palau. While with the Bank, Mr. Urette noticed that the local population’s investment options were limited to certificates of deposits and saving accounts. The return on these options were a fraction of what was being realized in comparison to a standard mutual funds. This disparity in return on savings was a major factor in the wealth disparity between developing regions like Micronesia and develop regions like the United States. So, to shrink this disparity IBTC started distributing mutual funds from companies like Fidelity, AIM, MFS and Federated. From this altruistic beginning GAM has born.

Meet the Business Owner

Garrison U.

Business Owner

Mr. Urette has over 30 years of experience in the finance industry. His past experience in financial services includes managing/​analyzing over $ 900 million in fixed income portfolios for Dwight Asset Management. In addition to managing portfolios at Dwight, he also managed financial portfolios at Merrill Lynch in Atlanta. Mr. Urette’s experience also extends into the banking industry where he served at Florida Federal Savings & Loan and SunTrust. In addition, he has international experience serving as the President of the National Development Bank of the Republic of Palau.

Mr. Urette holds a Bachelor of Science in Quantitative Methods of Business from the University of Florida, Masters in Business Administration from the University of Tampa and is a CFA® Charterholder. He has been published in the professional journal Monograph and quoted in the Handbook of Fixed Income Securities by Frank J. Fabozzi. He held both the Series 7 and 66 designations.