Karani Asset Management LLC

RIASEC RegisteredEst. 2018
Total AUM
$151M
Discretionary
$151M
100% of AUM
Avg account
$3.5M
Accounts
43
Employees
4
Advisory reps
3

Firm details

Headquarters
New York, New York
CRD number
297922
Registered since
August 27, 2018
Custodians
STATE STREET BANK AND TRUST COMPANY, FIDUCIARY TRUST, FNZ TRUST COMPANY
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Charitable Organizations53.53%
  • HNWI30.49%
  • Corporations / Businesses10.04%
  • Other4.59%
  • Individuals1.35%
Services
Portfolio Management for Individuals

Firm profile

FINTRX

Overview

Karani Asset Management LLC is an independent, SEC-registered registered investment adviser organized as an LLC and operating since 2018. The firm serves both high-net-worth individuals and family clients as well as institutional investors, offering portfolio management services with a focus on individual and small-business accounts. Its fee model combines a traditional percentage-of-AUM schedule with performance-based fees for at least some client relationships. Karani shows a clear tilt toward equity markets and exchange-traded instruments and does not identify itself as an ESG-focused manager, pension consultant, or multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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 91%, Cash & Cash Equivalents 9%91%
  • Exchange Traded Equities91%
  • Cash & Cash Equivalents9%

Owners & executives

1 of 1
  • Toni Martucci

    Chief Compliance OfficerCRD 1548476

Contacts

2 of 2
  • Youngdawn Ha

    Youngdawn Ha

    PartnerCRD 5328362

  • Richard Bayles

    PartnerCRD 15396

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 1

Active vs passive

$1.1M in ETFs

Passive

100%

$1.1M

Active

0%

$0

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$1.1M1,527100.00%

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
250 W 55th St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth