Carota Wealth Management
- Regulatory AUM
- $135M
- Discretionary
- $135M
- Clients
- 221
- Avg AUM / client
- $611K
- Accounts
- 443
- Employees
- 2
AUM over time
Annual snapshots from Form ADV filings · as of Jul 28, 2026
Investments (13F portfolio — 20 positions, $8,386)
13F period Jun 30, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Sprott Physical Gold Tr Unit | ETF | $6,545 | 216,924 | 78.0% | 0.0% |
| 2 | Select Sector Spdr Etf State Street Consumers Staples | ETF | $689 | 8,289 | 8.22% | 0.0% |
| 3 | Costco Whsl Corp New Com | Stock | $561 | 600 | 6.69% | 0.0% |
| 4 | Lowes Companies Inc | Stock | $176 | 800 | 2.1% | 0.0% |
| 5 | Invesco Qqq Tr Etf Unit Ser 1 | ETF | $103 | 140 | 1.23% | 0.0% |
| 6 | Ge Aerospace New | Stock | $66 | 177 | 0.79% | 0.0% |
| 7 | Ge Vernova Llc | Stock | $52 | 44 | 0.62% | 0.0% |
| 8 | Exxon Mobil Corp | Stock | $43 | 311 | 0.51% | 0.0% |
| 9 | Huntington Ingalls Industries Inc | Stock | $43 | 155 | 0.51% | 0.0% |
| 10 | Chevron Corporation | Stock | $40 | 242 | 0.48% | 0.0% |
| 11 | Tesla Inc | Stock | $23 | 55 | 0.27% | 0.0% |
| 12 | Pfizer Incorporated | Stock | $12 | 500 | 0.14% | 0.0% |
| 13 | Bitwise Xrp Etf Beneficial Int | ETF | $9 | 744 | 0.11% | 0.0% |
| 14 | Gamestop Corp Class A | Stock | $6 | 250 | 0.07% | 0.0% |
| 15 | Exchange Listed Fds Etf Tr Plus Korea Defense Ind Index | ETF | $6 | 154 | 0.07% | 0.0% |
| 16 | Ge Healthcare Techs Inc | Stock | $4 | 59 | 0.05% | 0.0% |
| 17 | Mid Penn Bancorp Inc | Stock | $3 | 100 | 0.04% | 0.0% |
| 18 | Wsfs Financial Corp | Stock | $2 | 21 | 0.02% | 0.0% |
| 19 | Wabtec | Stock | $2 | 7 | 0.02% | 0.0% |
| 20 | Viatris Inc Com | Stock | $1 | 78 | 0.01% | 0.0% |
Top 25 of 20 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 158 | $37.0M | 27.4% |
| High net worth individuals | 60 | $95.6M | 70.8% |
| Pension and profit sharing plans | 3 | $2.4M | 1.78% |
People (2)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Raymond Noah Carota | President & Chief Compliance Officer | Jun 2003 (23y) | 75% or more | |
| Michael Joseph Deo | Registered representative | Jun 2013 (13y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/13/2026 | 1.12 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Educational seminars/workshops
Custody
Reported custodians
- TradePMR $127M (94% of AUM) Jul 2026
- TD Ameritrade $102M (100% of AUM) Jan 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 28, 2026.
View current Form ADV (SEC/IAPD) ↗