Carret And Company, LLC. (New York)

Name: Carret And Company, LLC.
Address: 40 East 52 Nd St, New York, NY, 10022
Telephone: 212-593-3800

Carret And Company, LLC. is a large advisory firm based in New York. It manages $967.37 million of regulatory assets for 827 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 39 other states.

Carret And Company provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Carret And Company: assets under management

The assets under management (AUM) of Carret And Company, LLC. is $967.37 million. The firm's AUM has gone down by -55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $910.41 million in discretionary accounts and $56.96 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.38 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Carret And Company, LLC. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Carret And Company, LLC.

Robert Rikoon has been acting as President since 1 Oct 2000. Elmore Coe Kerr joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. (Formerly Matrix Global Investments Inc. ("Matrix") Carret Holdings	Member of applicant	1 Oct 1997	Other	13-3968739
Joseph Edward Wozny	Director,chairman	1 Nov 1998	Other	827872
Inc. Carret And Company	Member	1 Jul 2000	75% - 100%	13-1995724
Michael Lee Kolodner	Director, treasurer, secretary	1 Oct 2000	Other	501663
Howard E. Chase	Director, managing member designate	1 Oct 2000	Other	4410471
Elmore Coe Kerr	Director, president, chief executive officer	1 Oct 2000	Other	849185
Robert Rikoon	Director	1 Oct 2000	Other	2060204
Inc. Rikoon Investment Advisors	Member	1 Oct 2000	Other	13-4113321
Robert Francis Searing	Chief financial officer	1 Jan 2001	Other	1367127
William Hoban Webber	Director	1 Jun 2001	Other	460867
Howard E. Chase	Director, managing member designate, (ceo)	1 Sep 2001	Other	4410471
Elmore Coe Kerr	Director, president,(non-executive)	1 Sep 2001	Other	849185
Elmore Coe Kerr	E.v.p/president of personal & charitable investing	1 Jan 2002	Other	849185
Robert Francis Searing	E.v.p./chief operating officer, chief compliance officer	1 Jan 2002	Other	1367127
Joseph Edward Wozny	E.v.p./chairman of the taft harley group	1 Jan 2002	Other	827872
Robert Wages	Director, managing member designate, (ceo)	1 Jan 2002	Other	4504422
William Denman Zirkle	Chief executive officer	1 Apr 2002	Other	2379585
Wayne S Reisner	Member	1 Jun 2002	Other	860734
Winterset Management Corp.	Member	1 Jun 2002	Other	13-3517684
Elmore Coe Kerr	E.v.p/pres. of personal & charitable inv.,cco	1 Aug 2002	Other	849185
Marco Antonio Vega	Compliance officer	1 Mar 2003	Other	2473202
Elmore Coe Kerr	Executive vice president	1 Apr 2003	Other	849185
William Denman Zirkle	Chairman/chief executive officer	1 Apr 2003	Other	2379585

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Iii L.P. (Chpiii) Castle Harlan Partners	General partner of cha iii	1 Oct 1997	75% - 100%	13-3937455
Inc.(Formerly Matrix Global Investments Inc.("Matrix") Carret Holdings	Member	1 Jul 2000	75% - 100%	13-1995724

Based in New York

The principal office where Carret And Company, LLC. performs its advisory services is located at 40 East 52 Nd St, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Garden City, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-593-3800 or by fax 212-593-9796. The normal business hours are 9a.m. to 5p.m. on Monday - Friday. You can find more information about the New York firm at www.carret.com.