Carosa, Stanton & Depaolo Asset Management, LLC (Mendon)

Name: Carosa, Stanton & Depaolo Asset Management, LLC
Address: 3909 Rush Mendon Road, Mendon, NY, 14506
Telephone: (585) 624-3150

Carosa, Stanton & Depaolo Asset Management, LLC is a large advisory firm based in Mendon. It manages $31.91 million of regulatory assets for 60 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Carosa, Stanton & Depaolo Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Carosa, Stanton & Depaolo Asset Management: assets under management

The assets under management (AUM) of Carosa, Stanton & Depaolo Asset Management, LLC is $31.91 million. The firm's AUM has grown by 560% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $23.93 million in discretionary accounts and $7.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $405.56 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.98 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Carosa, Stanton & Depaolo 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.

Careers at Carosa, Stanton & Depaolo Asset Management, LLC

Christopher Carosa has been acting as President since 1 Nov 1996. Terrance Bernard Mulhern joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Carosa	President	1 Nov 1996	25% - 50%	4350678
Gordon Rentschler Stanton	Vice president	1 Nov 1996	25% - 50%	1245772
Bradford Lloyd Mcadam	Vice president	1 Jul 1998	Other	4350691
Terrance Bernard Mulhern	Executive vice president	1 Dec 2002	Other	1670284

Based in Mendon

The principal office where Carosa, Stanton & Depaolo 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 New York, NY. The firm also has 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 www.carosastantonanddepaolo.com.