Carota Wealth Management

RIASEC Registered
Total AUM
$135M
Discretionary
$135M
100% of AUM
Avg account
$305K
Accounts
443
Employees
2
Advisory reps
2

Firm details

Headquarters
,
CRD number
127344
Registered since
February 26, 2021
Custodians
TRADE-PMR INC.
Fee structure
Percentage of AUM, Hourly Charges, Subscription Fees, Fixed Fees
Client types
  • HNWI70.79%
  • Individuals27.44%
  • Pension & Profit Sharing Plans1.78%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Carota Wealth Management is an independent RIA structured as a sole proprietorship and registered with the SEC in 2021. The firm is owned by an individual proprietor and serves both individuals/families and institutional clients. It functions as an advisory practice that also provides insurance-broker services and a range of client-facing activities including financial planning, portfolio management for individuals and small businesses, pension consulting services, periodic publications, and educational seminars. Its fee menu is mixed: asset-based fees are supplemented by hourly billing, subscription arrangements, and fixed-fee engagements. The firm does not identify as an active ESG investor and is not recorded as a multi-state adviser for regulatory purposes. Carota Wealth Management does not act as a capital allocator or as a related adviser to another registered firm.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 95%, Cash & Cash Equivalents 5%95%
  • Exchange Traded Equities95%
  • Cash & Cash Equivalents5%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 9

Active vs passive

$2.1M in ETFs

Passive

99%

$2.1M

Active

<1%

$19K

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF (XLE)State StreetPassiveEquity Energy$689K8,28932.70%

Location

Primary office

, null

Location

, null

Headquartered in , null.

Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth