Carret Asset Management, Llc
- Regulatory AUM
- $3.5B
- Discretionary
- $3.5B
- Clients
- 2,633
- Avg AUM / client
- $1.3M
- Accounts
- 2,633
- Employees
- 22
AUM over time
Annual snapshots from Form ADV filings · as of Jun 10, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 854 | $229M | 6.61% |
| High net worth individuals | 367 | $1.2B | 34.9% |
| Investment companies | 1 | $129M | 3.72% |
| Pension and profit sharing plans | 15 | $29.3M | 0.85% |
| Other investment advisers | 1,357 | $1.6B | 47.4% |
| Corporations and other businesses | 39 | $225M | 6.49% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Local 475 Pension Plan Board Of Trustees Local 475 Pension Plan | 2024 |
People (12)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Vega, Marco, Antonio | President / Cco | Sep 2005 (21y) | Less than 5% | |
| Wayne Stanley Reisner | Principal, Senior Managing Director | Sep 2005 (21y) | Less than 5% | |
| Jason Richard Graybill | Principal, Senior Managing Director | CFA | Jan 2014 (13y) | Less than 5% |
| Neil Douglas Klein | Principal, Senior Managing Director | Jan 2014 (13y) | Less than 5% | |
| David Parker Pearson | Registered representative | Jun 2004 (22y) | ||
| Elizabeth Anne Newberry | Registered representative | CFA | Jun 2021 (5y) | |
| Franklin Levering | Registered representative | CFA | Jun 2021 (5y) | |
| Jack Charles Kaplan | Registered representative | CFA | Jun 2021 (5y) | |
| Laurence Richard Golding | Registered representative | Jun 2021 (5y) | ||
| Todd Richard Fliegel | Registered representative | CFA | Jun 2021 (5y) | |
| Brendan Edward Devine | Registered representative | Nov 2023 (3y) | ||
| Matthew Ellis Behrman | Registered representative | Aug 2024 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Carret Holdings, Inc. | Member | Feb 2019 | A | 75% or more |
| Sbi Holdings, Inc. Japan | Shareholder | Feb 2022 | B | ≈ 28.13% – 75% via Sbi Global Asset Management Co., Ltd. (Japan) |
| Sbi Global Asset Management Co., Ltd. (Japan) | Shareholder | Jan 2020 | B | ≈ 37.5% – 75% via Carret Holdings, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Sbi Holdings, Inc. Japan: 75% – 100% of Sbi Global Asset Management Co., Ltd. (Japan) × 50% – 75% of Carret Holdings, Inc. × 75% – 100% direct ≈ 28.13% – 75% of the firm
- Sbi Global Asset Management Co., Ltd. (Japan): 50% – 75% of Carret Holdings, Inc. × 75% – 100% direct ≈ 37.5% – 75% of the firm
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.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Local 475 Pension Plan | Board Of Trustees Local 475 Pension Plan | 314 | $88.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/10/2026 | 1000 KB | 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
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Charles Schwab & Co. $1.3B (37% of AUM) Jun 2026
- National Financial Services (Fidelity) $929M (27% of AUM) Jun 2026
- Reliance Trust / Fis Global $646M (19% of AUM) Jun 2026
- Bmo Trust Company $434M (14% of AUM) Apr 2023
- Fidelity Investments Institutional Services Company, Inc. $303M (12% of AUM) Mar 2019
- Pershing $299M (10% of AUM) Apr 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Jun 10, 2026.
View current Form ADV (SEC/IAPD) ↗