Carota Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, publishing newsletters, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Carota Wealth Management reports 221 clients. They include 158 individual clients, 60 high-net-worth individuals, and 3 pension and profit-sharing plans. Of its assets, 100.0% ($135M across 443 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 71% | 27% |
| High-net-worth individuals | 27% | 71% |
| Pension and profit-sharing plans | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 158 | $37M | 27.4% | $234K |
| High-net-worth individuals | 60 | $95.6M | 70.8% | $1.59M |
| Pension and profit-sharing plans | 3 | $2.4M | 1.8% | $800K |
| Total | 221 | $135M | 100% | $611K |
- Clients
- 158
- Regulatory AUM
- $37M
- AUM share
- 27.4%
- Avg. per client
- $234K
- Clients
- 60
- Regulatory AUM
- $95.6M
- AUM share
- 70.8%
- Avg. per client
- $1.59M
- Clients
- 3
- Regulatory AUM
- $2.4M
- AUM share
- 1.8%
- Avg. per client
- $800K
Total
- Clients
- 221
- Regulatory AUM
- $135M
- AUM share
- 100%
- Avg. per client
- $611K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Carota Wealth Management charges 1.00%–1.50% a year for its Comprehensive portfolio management. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Financial planning and consulting are billed hourly at $350 or as flat fees generally from $500 to $15,000, depending on scope; planning fees are due in full on signing.
- Retirement plan consulting
- Retirement plan consulting is billed hourly (maximum $350), as a flat fee of $1,000 to $25,000, or as a percentage of managed plan assets not exceeding 1.00% a year.
Raymond Carota owns 75% or more of Carota Wealth Management. The leadership team of Carota Wealth Management includes Chief Compliance Officer Raymond Carota. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Carota Wealth Management
Raymond Carota
Control person · since June 2026
Carota Wealth Management’s regulatory assets grew from $102M (January 2021) to $135M (August 2026); clients rose from 175 to 221 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $135M | 221 | 2 | 1 |
| Feb 2025February 2025 | $99.4M | 168 | 3 | 1 |
| Mar 2024March 2024 | $95.5M | 174 | 4 | 1 |
| Mar 2023March 2023 | $93.2M | 154 | 4 | 1 |
| Apr 2022April 2022 | $104M | 118 | 2 | 1 |
| Jan 2021January 2021 | $102M | 175 | 2 | 1 |
Besides its headquarters, Carota Wealth Management has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Carota Wealth Management
- Headquarters
- Not reported
- Website
- carotawealth.com
- Phone
- 610-828-1155
- SEC file
- 801-120393
- Structure
- Tennessee sole proprietorship
- Fiscal year end
- December
Carota Wealth Management’s named custodian for separately managed accounts is Trade-PMR ($127M). Carota Wealth Management does not have custody of client assets.
- Trade-PMRTrade-PMR Inc. · Gainesville, FL · $127M100%
At year end, Carota Wealth Management’s separately managed accounts were mostly in stocks (95%). Its reported 13F holdings for the quarter ended 31 March 2026 total $118M across 36 positions; the largest are Listed Fds TR ETF Teucrium Agric Strategy NO K-1 ETF (13.4%), Amplify Junior Silvr ETF (11.5%) and Invesco Qqq TR ETF Unit Ser 1 (10.1%).
What the accounts hold
- Stocks95%
- Cash5%
How many clients does Carota Wealth Management have?
Carota Wealth Management has 221 clients and manages $135 million for them, as of August 2026. They include 158 individual clients, 60 high-net-worth individuals, and 3 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 August 2026
What services does Carota Wealth Management offer?
Carota Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Carota Wealth Management charge?
Carota Wealth Management charges 1.00%–1.50% a year for its Comprehensive portfolio management. The fee is billed in advance and is negotiable.
Which custodians does Carota Wealth Management use?
Carota Wealth Management’s separately managed account assets are held at Trade-PMR Inc. (Gainesville, FL), with $127M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 August 2026
How many financial advisors does Carota Wealth Management have?
Carota Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Carota Wealth Management invest in?
At the end of its last fiscal year, Carota Wealth Management’s separately managed accounts held 95% exchange-traded equities and 5% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Carota Wealth Management?
Carota Wealth Management’s direct owner is Raymond Carota (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 August 2026
How does Carota Wealth Management get paid?
Carota Wealth Management is paid through a percentage of assets under management, hourly charges, subscription fees and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Carota Wealth Management?
Its phone number is 610-828-1155. Its website is carotawealth.com.