CARRET ASSET MANAGEMENT, LLC
Firm details
- Headquarters
- New York, New York
- CRD number
- 131445
- Registered since
- May 17, 2004
- Website
- www.carret.com
- Custodians
- CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC, RELIANCE TRUST / FIS GLOBAL
- Fee structure
- Percentage of AUM, Performance Based Fees
- Client types
- Other Investment Advisers42.17%
- HNWI38.44%
- Individuals7.62%
- Corporations / Businesses7.15%
- Investment Companies3.72%
- Services
- Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional Clients
Firm profile
FINTRXOverview
Carret Asset Management, LLC is an SEC-registered investment adviser formed as an LLC in 2004 that provides discretionary portfolio management to individuals, families and institutional clients. The firm operates on a percentage-of-AUM fee schedule and also uses performance-based fees for some mandates. Its advisory work spans separately managed accounts for individuals and small businesses as well as portfolio management for investment companies and other institutional or corporate clients. Carret does not self-identify as an active ESG investor. The firm appeared on CNBC’s Top 100 Financial Advisory Firms list in 2019, 2020, 2021 and 2022.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities32%
- State & Local Bonds32%
- Investment Grade Corp Bonds19%
- US Government Bonds8%
- Non-Investment Grade Corp Bonds5%
Owners & executives
1 of 1MARCO VEGA
President, Chief Operating OfficerCRD 2473202
Contacts
3 of 11DAVID PEARSON
Senior Managing DirectorCRD 1011590
Brendan Devine
Porfolio ManagerCRD 6880893
JASON GRAYBILL
Senior Managing DirectorCRD 2718603
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 81Active vs passive
$125M in ETFs
98%
$123M
0%
$2.2M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES RUSSELL 2000 ETF (IWM) | BlackRock | Passive | Small Blend | $9.4M | 38,001 | 7.54% |
Location
New York, NY
NEW YORK
Location
New York, NY
Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- NEW YORK
- Address
- 360 Madison Ave
- Time zone
- ET (UTC-5)
- Office locations
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