Advisor Bio
Garrett Engman, AIF®
Financial Advisor at New Horizons Boutique Financial Services
Garrett Engman, AIF®, is a financial advisor at New Horizons Boutique Financial Services in Lake Elmo, Minnesota. He works with corporate professionals, business owners, and retirees navigating the transition from career success to financial independence, building comprehensive strategies that coordinate investments, taxes, income, and estate planning before any products are recommended.
About Garrett Engman
As a financial advisor at New Horizons Boutique Financial Services, Garrett Engman focuses on helping successful professionals navigate the financial decisions that come with major life and career transitions. Whether a corporate executive is approaching retirement, a business owner is planning an exit, or a family is evaluating whether they have the resources to stop working, Garrett begins with a strategy-first process designed to bring clarity before action.
Garrett holds the Accredited Investment Fiduciary (AIF®) designation, which reflects training in fiduciary standards and processes. He is also FINRA Series 7, 63, 65, and 66 registered and holds Life and Health Insurance licenses. This combination of credentials allows Garrett to address investment management, retirement planning, and insurance coordination within a single, integrated strategy.
At New Horizons, Garrett is part of a family-led advisory team that includes Lars Engman, MBA and Alec Engman, B.S. Economics. The firm is boutique by design, intentionally limiting the number of clients served so every relationship receives full time and attention. Learn more about the firm on the New Horizons homepage or explore financial advisory services across Minnesota.
Credentials and Qualifications
Professional Designations and Licenses
Garrett's credentials span investment advisory, securities, and insurance, enabling him to coordinate multiple aspects of a client's financial life within a single plan. The AIF® designation specifically focuses on fiduciary best practices and processes for managing retirement plans and individual investment portfolios.
AIF® (Accredited Investment Fiduciary)
The AIF® designation indicates training in fiduciary standards, processes, and best practices for acting in a client's interest when managing retirement assets and investment portfolios.
FINRA Series 7, 63, 65, and 66
These registrations cover general securities, state securities law, investment advisory analysis, and the combined securities agent and investment adviser representative qualifications.
Life and Health Insurance Licensed
This licensure allows Garrett to incorporate life insurance and health-based insurance products into a coordinated financial strategy where appropriate.
How Garrett Works With Clients
A Strategy-First Approach to Financial Planning
Garrett's process begins with building a full financial strategy before any recommendations are made. This means understanding a client's investments, taxes, income, cash flow, debt, insurance, and estate planning situation as an interconnected whole, then identifying where coordination gaps exist and what decisions matter most.
Comprehensive Discovery
Garrett begins by mapping the full financial picture: assets, income streams, tax situation, insurance coverage, and estate documents. No recommendation is made until the strategy is clear.
Coordination With Existing Professionals
Garrett works alongside clients' existing CPAs, estate attorneys, and other professionals to align every piece of the financial picture rather than operating in isolation.
Ongoing Partnership
The relationship does not end with a plan. Garrett partners with clients over time through quarterly reviews, adapting strategy as life circumstances and goals evolve.
Service Areas
How Garrett Contributes to Client Strategy
Garrett contributes to several of the firm's core service areas, with a particular focus on professionals navigating transitions from career to retirement or from business ownership to what comes next.
Executive Financial Planning
Coordinating deferred compensation, stock options, retirement timing, and tax strategy for corporate executives nearing retirement. Learn more about executive planning.
Business Owner Exit Planning
Helping business owners prepare for liquidity events and plan for life after business ownership. Explore exit planning services.
Retirement Strategy Development
Building retirement income strategies that analyze assets, income streams, and expenses to answer whether a client is ready to stop working. See retirement planning approach.
Tax Optimization Planning
Coordinating tax-aware strategies with investment and retirement planning to help minimize unnecessary tax exposure. Results vary by individual tax situation. Review tax planning strategies.
Financial Independence Planning
Analyzing whether a client's assets, income streams, and expenses support financial freedom and the flexibility to decide what comes next. Learn about financial independence planning.
Wealth Management
Managing investment portfolios within the context of a comprehensive financial plan, not in isolation. Explore wealth management services.
What Sets New Horizons Apart
The Boutique Difference
Garrett's work is grounded in the firm's core differentiators. New Horizons is intentionally structured to provide a more personal, more thorough, and more transparent planning experience than larger firms can offer.
Every plan is fully tailored to the client's unique goals and situation. No templates are used, and every recommendation begins with a clear strategy before any products are discussed. Clients work directly with their advisor, building a relationship based on trust and accessibility.
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Boutique by Design
The firm intentionally limits the number of clients served so every relationship receives full time and attention.
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Strategy Before Products
Every recommendation begins with a clear strategy, ensuring the entire financial picture is aligned before decisions are made.
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Built for the Long Term
Ongoing partnership with quarterly reviews, adapting strategy as life and goals evolve over time.
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Education and Transparency
Clients are kept fully informed about the strategies and decisions shaping their financial future.
Frequently Asked Questions
About Working With Garrett
What Services Do Financial Advisors Typically Offer?
At New Horizons, Garrett and the team provide comprehensive financial planning that covers retirement strategy development, wealth management, tax optimization planning, financial independence planning, business owner exit planning, and executive financial planning. Rather than offering these services in isolation, the team builds a single integrated strategy that addresses all of these areas together.
What Is a Normal Fee to Pay a Financial Advisor?
Advisory fees vary based on the scope of services, the complexity of the client's situation, and the firm's fee structure. New Horizons operates on a strategy-first model where the planning process determines what services are needed before any fee discussion. For a broader overview of fiduciary advisor costs, see our fiduciary fee guide.
What Does the AIF® Designation Mean?
The Accredited Investment Fiduciary (AIF®) designation indicates that the advisor has completed training in fiduciary standards, processes, and best practices. The designation focuses on how to act in a client's interest when managing retirement plans and individual investment portfolios. Holding the AIF® does not eliminate all conflicts of interest, but it reflects a commitment to fiduciary-based processes.
How Do I Schedule a Consultation With Garrett?
You can schedule a no-cost first conversation with Garrett and the New Horizons team by booking online or by calling (763) 401-1035. The first meeting is low-pressure and designed to explore whether the firm is a fit for your situation.
Start the Conversation
Schedule a Consultation With Garrett Engman
Whether you are a corporate professional nearing retirement, a business owner planning an exit, or someone seeking clarity on where you stand financially, Garrett and the New Horizons team provide strategy-first planning tailored to your goals. The first conversation is low-pressure and designed to explore whether the firm is a fit for your situation.
8647 Eagle Point Blvd. Suite #1, Lake Elmo, MN 55042