Barrett FP LLC

Barrett F P LLC provides hourly, one‑on‑one financial planning services primarily to individuals and high‑net‑worth clients, delivering tailored written plans and recommendations rather than managing client accounts. The brochure states that all advice is non‑discretionary, with clients retaining responsibility for implementation, custody, and execution of investment decisions.

The firm’s process uses a structured interview and risk assessment to produce integrated portfolio analysis and long‑term recommendations that emphasize diversification, tax efficiency, low investment expenses, and preference for no‑load mutual funds or ETFs. Barrett F P LLC generally avoids recommending individual securities or narrow sector positions and offers reviews and follow‑up on an as‑needed, hourly basis rather than periodic mandatory account management.

Notable for an independent adviser of its type, the filing indicates a broader client base than is typical — extending beyond retail individuals to include corporate and business clients, banking and insurance institutions, charitable organizations, pension plans, state or municipal entities, other investment advisers, and even sovereign wealth‑type clients. The firm also departs from common AUM models: it does not provide portfolio management, does not accept discretionary authority or custody, and bills on an hourly basis rather than charging percentage‑of‑assets fees.