Carret and Company LLC

Carret and Company LLC offers investment advisory services with a focus on fixed-income strategies, tailored for wealth managers, financial advisors, and high-net-worth individuals. The firm emphasizes investment performance and capital allocation. Carret and Company LLC, founded in 1963, is based in New York, US, specializing in investment advisory services. The company has undergone significant change, having been sold by majority owner Castle Harlan to Quadrant Management on June 15, 2004.

The founder's detailed history is not provided. Carret Asset Management LLC specializes in providing a diverse range of investment advisory services, primarily focused on fixed-income strategies, including municipal and taxable fixed income, enhanced cash leverage opportunities, and large cap equity. The firm tailors its investment solutions to meet the specific needs of wealth managers, financial advisors, institutional clients, and high net worth individuals and families. Their offerings are designed to optimize investment performance while maintaining an unbiased, forward-looking approach to capital allocation.

Carret’s flagship product, the Carret Kansas Tax-Exempt Bond Fund, reflects its commitment to delivering tax-exempt investment opportunities. The company predominantly serves clients in the United States, particularly in major financial markets such as New York City and beyond. Carret Asset Management generates revenue through investment advisory fees associated with its range of financial products and services. The firm engages in B2B transactions, collaborating closely with financial advisors and institutional clients, who manage portfolios for individual investors.

The fee structure includes management fees based on assets under management, as well as performance-based fees contingent on the success of their investment strategies. Specific pricing plans for their services are determined based on the nature and complexity of the investment solutions provided. Carret’s approach fosters long-term relationships with clients, ensuring that their needs are met through tailored investment strategies and consistent performance monitoring. Carret and Company plans to leverage its expertise in investment advisory services to expand into new markets and geographic regions.

The firm is currently focused on enhancing its product offerings and may develop new investment products in the future. The resources from the recent deal on June 15, 2004, will support these initiatives, aiming for broader client engagement and improved service delivery.