1999 Press Coverage / Media Interest

Kansas City Star, December 19, 1999 - In the MoneyWise section, Sheryl Garrett was interviewed in the front page article entitled What, Me Worry? Wall Street Bulls are Swatting Away Y2K Concerns. Taking a more conservative stance, Garrett said she was encouraging her clients to maintain an appropriate comfort range regarding equity investing and potential Y2K turbulence. Investors unwilling to ride out a correction shouldn't be invested in stocks in the first place, she said. Set a range for how much of your money is to be in stocks, and stay within that range, was her precautionary advice.

Kansas City Star, October 3, 1999 - Trent Carter was quoted in the MoneyWise article Who Writes the Checks? Successful Bill-Paying Systems Rely on Spouses Talking about Money. When asked about an Overland Park couple who keep a dozen bank accounts in all, Carter said: It's a system that works for them. That's the key. The article goes on to discuss various communication styles and bill-paying strategies.

Kansas City Star, August 15, 1999 - In a question and answer column called Investors Should Ask if Risk is Worth Taking, Sheryl Garrett answered a reader's questions regarding the positioning of equity investments for Y2K. No one knows what effect Y2K will have on the world, our day-to-day lives or the stock market, she replied. Clients who can't tolerate a significant decline, for whatever reason, should consider reducing their stock holdings. But if you are a long-term investor and are comfortable with the inherent volatility of the stock market, then hold on tight.

Investor's Business Daily, July 19, 1999 - In How to Decide Between Two Mutual Funds, Trent Carter urges investors to consider their risk tolerance as one of several factors in the decision-making process. Carter helps his clients assess their risk tolerance before they invest. Many people don't know their real tolerance for risk, he says. Often it is lower than they believe. It doesn't make sense to invest in a hot fund packed with high-flying Internet stocks if it is going to leave you shaking the first time it drops 10% in a volatile market.

Los Angeles Times, July 9, 1999 - In the Money Talk column called Financial Advice: So Where Does the Little Guy Turn?, Garrett Financial Planning, Inc. is profiled as fairly-rare but much-needed service for middle income Americans. There's a huge need for this, Garrett said. Over 90% of the people I talk to need this kind of service. The article goes on to describe how many smaller investors, or those just needing advice periodically, are overlooked and even shunned by some investment firms. The article also discusses the benefits of fee-only financial planning and investment advice versus commission based and commission/fee compensation structures.

Financial Planning Magazine, July 1999 - In the Newswatch column, editors printed Sheryl Garrett's comments on how to maintain strong industry standards and clarity in consumers' minds regarding the certified financial planner designation, CFP. Over the past decade, the CFP mark has won widespread credibility with both the national media and consumers. When other financial services designations are coined with similar wording, the 35,000 practitioners who have earned the CFP credential worry that consumers will have a harder time differentiating between various credentials and advisor qualifications. This is a great opportunity for the new Financial Planning Association to rally together and really make a show of force behind the CFP designation, said Garrett.

Dow Jones Investment Advisor, June 1999 - In his 21st Century Planner article, editor Bob Veres discusses the future of financial planning and how Garrett Financial Planning is spawning new ideas in client service. Sheryl Garrett, who practices in Overland Park, Kansas, has set up what looks like a dentist's office. The clients walk in, see the waiting room with magazines, the glass wall with the little window and the receptionist sitting on the other side. The planner listens to their complaints, conducts an 'examination,' then schedules their next appointment. They pay on the way out, come back later for the 'treatment,' which may be a comprehensive or partial financial plan, once again pay on their way out and they know where to call if some new complication arises.

Schwab Institutional News Release, February 1999 - Schwab Institutional, a division of Charles Schwab & Co., Inc., announced its appointment of Sheryl Garrett to its Emerging Practices Advisory Council. The 10-member council represents approximately 2,000 of the 5,400 independent, fee-based investment managers who do business with Schwab Institutional. They meet periodically to help guide Schwab in the development of services for smaller or emerging investment advisory practices.