Carret Asset Management offers investment advice tailored to clients' needs and objectives through discretionary portfolio management. Carret structures strategies using equity securities, mutual funds, exchange-traded funds, and fixed-income securities. Carret may provide limited consultation services on investment and non-investment related matters. Clients grant Carret authority to make investment decisions without prior approval, but can impose restrictions in writing.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.25% |
Fees are negotiable and will not exceed 1.25% annually. The representative generally maintains the authority to determine/negotiate the percentage advisory fee. Thus, a conflict of interest is presented because the higher the advisory fee, the greater the representative’s (and Registrant’s) compensation.