KARPUS INVESTMENT MANAGEMENT

RIASEC RegisteredEst. 1987
Total AUM
$4B
Discretionary
$4B
100% of AUM
Avg account
$1.8M
Accounts
2,279
Employees
38
Advisory reps
9

Firm details

Headquarters
PITTSFORD, New York
CRD number
110275
Registered since
March 5, 1987
Website
karpus.com
Custodians
US BANCORP NATIONAL ASSOCIATION
Fee structure
Percentage of AUM
Client types
  • HNWI59.54%
  • Pension & Profit Sharing Plans12.67%
  • Corporations / Businesses11.53%
  • Individuals10.42%
  • Charitable Organizations4.25%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Karpus Investment Management is an independent, SEC-registered advisory corporation that has been operating since 1987. The firm manages portfolios for both individuals/families and institutional clients, charging fees as a percentage of assets under management. Its advisory activity centers on discretionary portfolio management for individuals, small businesses, and larger business or institutional accounts. Karpus is not classified as a capital allocator and does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 79%, Exchange Traded Equities 17%, Cash & Cash Equivalents 3%, US Government Bonds 1%79%
  • Public Funds/Mutual Funds79%
  • Exchange Traded Equities17%
  • Cash & Cash Equivalents3%
  • US Government Bonds1%

Owners & executives

3 of 3
  • JODI HEDBERG

    Chief Compliance OfficerCRD 2726691

  • DANIEL LIPPINCOTT

    President, Chief Investment OfficerCRD 6019452

  • KATHLEEN CRANE

    Chief Financial OfficerCRD 4379668

Contacts

3 of 6
  • Corey Gallahan

    Vice PresidentCRD 7350577

  • JUAN GARZARON

    Senior Vice PresidentCRD 5005821

  • DAVID D'AMBROSIO

    Senior Vice PresidentCRD 4056925

Unlock 3 more contacts

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 44

Active vs passive

$1.2B in ETFs

Passive

96%

$1.1B

Active

0%

$43.9M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD 500 INDEX FUND (VOO)VanguardPassiveLarge Blend$235M392,87220.32%

Location

Primary office

PITTSFORD, NY

MONROE

Location

PITTSFORD, NY

Headquartered in PITTSFORD, NY, anchoring the Rochester-Batavia-Seneca Falls, NY metro in the Northeast.

Metro area
Rochester-Batavia-Seneca Falls, NY
Region
Northeast
County
MONROE
Address
183 Sullys Trl
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth