Rikoon Carret Wealth Management Group, LLC (Santa Fe)


Rikoon Carret Wealth Management Group, LLC is a large advisory firm based in Santa Fe. It manages $398.43 million of regulatory assets for 930 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.

Rikoon Carret Wealth Management Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rikoon Carret Wealth Management Group: assets under management

The assets under management (AUM) of Rikoon Carret Wealth Management Group, LLC is $398.43 million. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $338.4 million in discretionary accounts and $60.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $446.44 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $349.05 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rikoon Carret Wealth Management Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Carret Investments Holdings Member 1 Apr 2004 75% - 100% 55-0863496
Inc. Quadrant Investment Holdings Member 1 Apr 2004 75% - 100% 55-0863425
Alan Quasha Manager 1 Apr 2004 Other 4792725
Robert Allen Rikoon Member 1 Apr 2004 75% - 100% 2060204

Based in Santa Fe

The principal office where Rikoon Carret Wealth Management Group, LLC performs its advisory services is located at 1421 Luisa Street, Santa Fe, NM 87505, which is also the mailing address of the firm. An additional office of the firm is in Marshall, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 505-989-3581 or by fax 505-983-8086. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday.