Garcia Financial Planning

Garcia Financial Planning is a fee-only independent advisory firm that serves individuals and high-net-worth individuals, managing about $6 million for roughly 46 clients. The firm offers discretionary investment management alongside one-time comprehensive financial plans and a three-tiered ongoing planning program.

The firm’s investment process blends fundamental analysis with mutual fund and ETF selection, and it may use both passive and active strategies; socially responsible investing options and customization of values-based portfolios are available on request. Accounts are reviewed quarterly and the firm relies on custodial statements for formal reporting rather than producing its own written performance reports.

Notable deviations from many peers include a requirement that clients use a single recommended custodian (Altruist) and a policy of executing client trades individually rather than aggregating block trades. The firm also uses a hybrid client-fee framework for planning and management—ongoing planning clients with less than $1 million under management pay both a monthly planning fee and an asset-based fee—while clients at higher asset levels are charged only the asset-based fee; the firm is newly established, operates with a single CFP®-credentialed principal, and maintains two offices despite its small team.