SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Carret Asset Management, LLC
New York, NY
CRD 131445
Firm filing updated June 10, 2026 ·
- $3.5BAssets
- 2,633Clients
- 10Advisory staff
- 2,633Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Other investment advisors1,357
- Individuals854
- High net worth individuals367
- Corporations or other businesses39
- Pension and profit sharing plans15
- and 1 more1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 854 | $228.7 million |
| High net worth individuals | 367 | $1.2 billion |
| Investment companies | 1 | $128.8 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 15 | $29.3 million |
| Other investment advisors | 1,357 | $1.6 billion |
| Corporations or other businesses not listed above | 39 | $224.6 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$3.5 billion
- Accounts2,633
- DiscretionaryAll accounts
People
- Employees22
- Advisory staff10
- Broker-dealer reps0
- Licensed insurance agents0
Advisors
4 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 131445, SEC file 801-63093.
- Registered with the SEC as an investment advisor (status date on record: May 17, 2004).
Is Carret Asset Management, LLC a fiduciary?
Short answer: Carret Asset Management, LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.