Carret Asset Management, LLC

RIASEC RegisteredEst. 2004
Total AUM
$3.5B
Discretionary
$3.5B
100% of AUM
Avg account
$1.3M
Accounts
2,633
Employees
22
Advisory reps
12

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 Advisers47.44%
  • HNWI34.89%
  • Individuals6.61%
  • Corporations / Businesses6.49%
  • Investment Companies3.72%
Services
Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Carret Asset Management, LLC is an SEC-registered institutional RIA formed in 2004 that provides discretionary portfolio management across individual, family and institutional client segments. The firm operates as a limited liability company and charges asset-based fees with some arrangements that include performance-based components. Its advisory work spans direct portfolio management for individuals and small businesses, investment companies, and institutional clients. Carret has been recognized in CNBC’s Top 100 Financial Advisory Firms list for 2019, 2020, 2021 and 2022.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 32%, State & Local Bonds 32%, Investment Grade Corp Bonds 19%, US Government Bonds 8%, Non-Investment Grade Corp Bonds 5%, Cash & Cash Equivalents 3%, Public Funds/Mutual Funds 1%32%
  • Exchange Traded Equities32%
  • State & Local Bonds32%
  • Investment Grade Corp Bonds19%
  • US Government Bonds8%
  • Non-Investment Grade Corp Bonds5%

Owners & executives

1 of 1
  • Marco Vega

    Marco Vega

    President, Chief Operating OfficerCRD 2473202

Contacts

3 of 11
  • Todd Fliegel

    Todd Fliegel

    Managing DirectorCRD 4344474

  • Wayne Reisner

    Wayne Reisner

    Senior Managing DirectorCRD 860734

  • David Pearson

    David Pearson

    Senior Managing DirectorCRD 1011590

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 81

Active vs passive

$146M in ETFs

Passive

98%

$143M

Active

0%

$2.5M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES RUSSELL 2000 ETF (IWM)BlackRockPassiveSmall Blend$11.4M38,0437.84%
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Location

Primary office

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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