Frequently Asked Questions

Frequently Asked
Questions

Our client is a mission-oriented professional who is smart, coachable, driven, and wants to enjoy life to the fullest. Although we specialize in educators, health care professionals, and first responders, we do serve clients outside of those fields. If you are a hardworking person who wants unbiased independent financial advice from a fiduciary without concern that someone is taking advantage of you, then this is the firm for you.

A fiduciary has the legal obligation to put your interests ahead of their own. This means we are bound to put your personal and financial interests ahead of my compensation. We sign a fiduciary pledge for all our clients. We promise to work for you and not receive any commissions from outside agencies.

Psychological biases and emotions prevent the majority of people from maximizing their financial success, especially in getting out of debt and maximizing investment returns. As a fiduciary to you, we will work alongside you to construct strategies that will maximize your returns in alignment with your investing timeline and investment risk comfort level. As an objective and stalwart support, we will also reduce financial stress by always explaining how and why you are on the path we’ve designed.

Together, we will practice “controlling the controllables,” specifically debt reduction, minimizing risk, and passive investment management. We don’t believe we can beat the market and instead choose to reduce fees by investing in low-cost funds that align to your financial timeline and risk tolerance. Together, we will focus on maximizing compounding growth by creating savings strategies. Together, we will select the best low-cost investments that are aligned to your risk level and timeline so that your money can effectively work for you.

We practice what we preach. We have personally experienced the same goal setting and values discussions we conduct with clients hundreds of times. In addition to using the same investment approaches and strategies for my personal accounts, we use them to support our families as well.

If you believe in individual stock picking, market timing, or daily stock trading, we may not be the best fit. If you are not interested in setting goals and pursuing them, we may not be a good fit. If you are not passionate about improving your financial outlook or being coached in this philosophy, we may not be a good fit.

To keep our costs as low as possible so we can serve you at the most affordable rate possible, we don’t have an office and choose to operate as a home business. We can meet virtually over Google Hangouts or Facetime, we can talk on the telephone, or use whatever method of communication is best for you. This saves you the time of commuting to an office and enables us to meet whenever is convenient for you. That having been said, we are also happy to come to you if you are local and prefer in-person contact. For your convenience, we are willing to make ourselves available evenings, weekends, and even the occasional snow day. Schedule a call here!

No. We enjoy meeting with you about your current needs to determine if we would be a good fit before their is any discussion of cost. Bring whatever financial questions you have. If we are not the right fit, we are happy to point you in the right direction.

We completed the Certificate of Financial Planning from Boston University and completed the necessary requirements with the States of Maryland and New York to become a registered investment advisor. This included the passing of the NASAA Investment Advisers Law Examination administered through FINRA. We also have a BS in Education with a minor in business from Castleton University, and a MA and advanced certificate in School Leadership from Johns Hopkins University.

Garritt Financial Solutions is fee-only. This means our only compensation comes from the services we provide you. We get NO commissions or kickbacks. We work only for you. We only get paid from you. After careful research across the financial industry, we believe this is the fairest form of compensation a planner should receive, aligning our values and our interests with yours. Our fees are completely transparent.

Yes! The majority of Americans are in debt and not all debt is bad. Together, we will come up with a debt reduction strategy that is in your best interest and aligns to your financial interests.

Garritt Financial Solutions does not hold custody of your money. If you choose the investment management option, your money is held with Betterment LLC under my discretion.

Of course. We want to help as many people feel great about their financial futures as possible. The educators, first responders, medical professionals, and other working people who serve our country deserve to live the life of their dreams. We will happily work with clients across the country.

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Anne Claire Tejtel Nornhold
Registered Investment Advisor

Anne Claire joined Teach for America, a program that helps staff under-resourced school districts, in 2000 and taught in Baltimore City for 11 years before moving to a central office role.  She has been passionate about personal finance and teaching it to others ever since she started investing at the age of 22.  In 2021 she began an apprenticeship with Garritt Financial Solutions and loved it so much that she began studying for the Uniform Investment Advisor Law Examination, which she passed in June of 2022.  She joined Garritt Financial Solutions in 2023 as an Investment Advisor Representative.

Anne Claire is passionate about empowering clients to pay off debt, build wealth, and develop the financial confidence and mastery that leads to a fulfilling and financially stress-free life.  She is the recipient of the Kinder Award for Excellence in Teaching, a two-time finalist for Baltimore City Teacher of the Year, and a former Teaching Ambassador Fellow with the U.S. Department of Education. She has two young children and loves to read, play sports, and spend time outdoors.

Justin Garritt
Founder and Registered Investment Advisor

Justin joined Teach for America in 2011 and worked as a middle school math teacher and baseball coach in Baltimore City. He earned a Master of Arts in Education in 2013 while teaching full-time, and subsequently earned an Education Administration Certificate at Johns Hopkins University in 2014.

In 2015 Justin completed the rigorous Baltimore City Model Teacher Pathway portfolio process. In 2018, he took a yearlong sabbatical to travel and complete Financial Planning coursework at Boston University. In 2019, he successfully passed the Uniform Investment Advisor Law Examination, the licensing test required to provide investing and general financial advice to clients, and filed Garritt Financial Solutions LLC with the State of Maryland.

In 2020, Justin was officially registered as an Investment Advisor Representative and began serving clients. In 2021, Justin was awarded the prestigious Harriet Ball Award for Excellence in Teaching because of his impact on his students. Justin left teaching in 2022 to pursue his passion of changing more lives through financial planning.  He currently works with over 100 clients.  Justin loves spending time with family and friends, traveling, being outdoors, and living an adventurous life.

Anne Claire Tejtel Nornhold
Registered Investment Advisor

Anne Claire joined Teach for America, a program that helps staff under-resourced school districts, in 2000 and taught in Baltimore City for 11 years before moving to a central office role.  She has been passionate about personal finance and teaching it to others ever since she started investing at the age of 22.  In 2021 she began an apprenticeship with Garritt Financial Solutions and loved it so much that she began studying for the Uniform Investment Advisor Law Examination, which she passed in June of 2022.  She joined Garritt Financial Solutions in 2023 as an Investment Advisor Representative.

Anne Claire is passionate about empowering clients to pay off debt, build wealth, and develop the financial confidence and mastery that leads to a fulfilling and financially stress-free life.  She is the recipient of the Kinder Award for Excellence in Teaching, a two-time finalist for Baltimore City Teacher of the Year, and a former Teaching Ambassador Fellow with the U.S. Department of Education. She has two young children and loves to read, play sports, and spend time outdoors.

Justin Garritt
Founder and Registered Investment Advisor

Justin joined Teach for America in 2011 and worked as a middle school math teacher and baseball coach in Baltimore City. He earned a Master of Arts in Education in 2013 while teaching full-time, and subsequently earned an Education Administration Certificate at Johns Hopkins University in 2014.

In 2015 Justin completed the rigorous Baltimore City Model Teacher Pathway portfolio process. In 2018, he took a yearlong sabbatical to travel and complete Financial Planning coursework at Boston University. In 2019, he successfully passed the Uniform Investment Advisor Law Examination, the licensing test required to provide investing and general financial advice to clients, and filed Garritt Financial Solutions LLC with the State of Maryland.

In 2020, Justin was officially registered as an Investment Advisor Representative and began serving clients. In 2021, Justin was awarded the prestigious Harriet Ball Award for Excellence in Teaching because of his impact on his students. Justin left teaching in 2022 to pursue his passion of changing more lives through financial planning.  He currently works with over 100 clients.  Justin loves spending time with family and friends, traveling, being outdoors, and living an adventurous life.