Steven Dewayne Garrels

Employer firm

Cetera Investment Advisers LLC CRD 105644

$257B regulatory AUM 24,019 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers
• Educational seminars

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 03/1994 → 12/2016
  Borhart Spellmeyer & Company
  Elgin, IL
• 12/2016 → Present
  Porte Brown Llc
  Mc Henry, IL
• 12/2017 → 10/2019
  1St Global Advisors, Inc.
  Elgin, IL
• 12/2017 → 10/2019
  1St Global Capital Corp.
  Elgin, IL
• 12/2017 → 09/2025
  Avantax Insurance Services, Inc.
  Mc Henry, IL
• 10/2019 → 09/2025
  Avantax Advisory Services
  Mc Henry, IL
• 10/2019 → 09/2025
  Avantax Investment Services, Inc.
  Mc Henry, IL
• 09/2025 → Present
  Cetera Wealth Services, Llc
  Mc Henry, IL
• 09/2025 → Present
  Cetera Investment Advisers Llc
  Schaumburg, IL

Previous Registrations

• 2019-10-25 → 2025-09-05
  Avantax Advisory Services
  Dallas, TX
  Mc Henry, IL
  Elgin, IL
• 2017-12-01 → 2019-10-25
  1St Global Advisors Inc
  Elgin, IL
• 2008-03-27 → 2016-11-30
  Clearwater Capital Partners
  Hoffman Estates, IL

Other Businesses

1) Porte Brown Wealth Management LLC; INVESTMENT RELATED; ELGIN & ELK GROVE VILLAGE; IL; THIS IS THE WEALTH MANAGEMENT COMPANY WHICH WAS SET UP RELATED TO OUR CPA FIRM; REFERRING ADVISOR; 12/21/17; 10 HRS/MO; 1/2 HR/TRADE; I HAVE NOT BEEN ADMITTED AS A PARTNER OF THIS ENTITY. IT WILL BE EFFECTIVE 01/1/18. I DO NOT KNOW WHAT OWNERSHIP PERCENTAGE I WILL HAVE. 2) Harvard Savings Bank; non investment related; Rockford, IL; BOARD CHAIRMAN; PUBLIC TRADED FINANCIAL INSTITUTION, BANK WAS SOLD IN 2016 NOW JUST IN LIQUIDATION PHASE; 2012; 8-10 HRS/MO; 0 HR/TRADE; AS BOARD CHAIRMAN I ATTEND AND RUN BOARD MEETINGS AND APPROVE ALL BUSINESS ACTIVITIES ALONG WITH OTHER BOAR MEMBERS. 3) LAKE GENEVA MANOR ASSOCIATION POSITION: Treasurer NATURE: Homeowner's Association. INVESTMENT RELATED: No NUMBER OF HOURS: 4 SECURITIES TRADING HOURS: 0 START DATE: 08/19/2019 ADDRESS: 1556 Orchard Lane, Lake Geneva WI 53147, United States DESCRIPTION: I would be responsible for preparing and signing checks along with maintaining accounting records.

Exams

• S66 Uniform Combined State Law Examination
  2017-12-21
• S65 Uniform Investment Adviser Law Examination
  2006-11-06

Other Names

• Steven D Garrels