1998 and Prior Press Coverage / Media Interest

Wall Street Journal, November 1998 - In a story called Being Contrary Doesn't Pay in the Mutual Fund Sector, Sheryl Garrett comments on contrarian funds and contrarian-fund managers. I've wanted to embrace them, she said, but I've been unable to see long-term consistent performance. While she may recommend some value-hunting funds that may make contrarian bets, she cautioned that these aren't the kind of funds to make a core holding. Thornburg Value, Kemper-Dreman and Longleaf Partners were funds she did name as taking a value approach without completely going against the grain of what works on Wall Street. Contrarian funds come in many shapes and sizes, spanning different asset classes and market capitalizations. But they all have the same hope: that ugly-duckling stocks will turn into swans. Contrarian investing takes value investing to a new and often more volatile level because the managers of contrarian funds are trying to find stocks that are so beaten up and have been through the ringer so thoroughly that they have a chance of coming back strong. Data given in the article showed that this is not necessarily the case.

Inside Information, October 1998 - In a Practice Management article written for financial planners and investment advisors, veteran financial writer Bob Veres profiles Garrett Financial Planning, Inc. The three-page article describes Garrett's practice management and business ideas for like-minded professionals who may wish to follow her blueprint for success. Here's a business model that appears to attract unlimited numbers of clients, Veres says. Garrett's Big Idea here is to avoid following the professional herd and structure her business in a way that can offer personal financial planning advice, profitably, to all the people who are not prime candidates for high-end asset management services. While other practitioners have tried to offer middle market services, only to give them up as unprofitable or at most provide them as a temporary expedient to pay the bills until they can attract a more upscale clientele, Garrett is among the first to radically restructure her practice and embrace this group of clients.

Other Articles / Press Coverage - Due to space considerations, we have elected not to summarize articles from these and other publications: Forbes magazine, Nikkei (Japanese newspaper similar to the Wall Street Journal), Smart Money magazine, Kiplinger magazine, Financial Planning magazine, Dow Jones Investment Advisor magazine, Bloomberg Wealth Manager, the LA Times, KC Business Journal, Associated Press, Kansas City Star.