Carosa Stanton Asset Management, LLC is a mid-sized advisory firm based in Mendon. It manages $32.33 million of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of New York.
Carosa Stanton Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Carosa Stanton Asset Management, LLC is $32.33 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -16% since the beginning of its operation, and $1.05 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Carosa Stanton Asset Management, LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to individuals, investment companies, and pension and profit sharing plans. The largest group of clients of Carosa Stanton Asset Management is individuals with 26 clients and $20.55 million of assets under management. Among the 1 most similar advisory firms, Carosa Stanton Asset Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $32.33 million for 29 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Carosa Stanton Asset Management doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Carosa Stanton Asset Management, LLC performs its advisory services is located at 3909 Rush Mendon Road, Mendon, NY 14506, which is also the mailing address of the firm. An additional office of the firm is in Honeoye Falls, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (585) 624-3150 or by fax (585) 624-3650. The normal business hours are 9:00am - 5:00am on Monday - Friday. You can find more information about the New York firm at carosastantonanddepaolo.com.