Overview
Carswell Investments, LLC (“Carswell”) is a Securities and Exchange Commission (SEC) registered
investment adviser.
Carswell is a Limited Liability Company organized in the state of Delaware with its principal place of
business located in New York.
Carswell began conducting business in 2011 and its owner is Steven R. Pickard.
Carswell offers the following advisory services to our clients:
Wealth Management Services
Carswell provides Wealth Management Services to individuals, high and ultra-high net worth individuals,
families and their related entities such as businesses, pension and profit sharing plans, trusts and private
foundations, on a discretionary and non-discretionary basis. Carswell’s comprehensive Wealth
Management Services include portfolio management, financial planning, family wealth planning, and
assistance with estate, tax and philanthropic planning.
Client portfolios are managed in accordance with each client’s investment objectives, taking into
consideration risk tolerance, time horizon, tax issues, liquidity and cash flow needs, restrictions/constraints,
and other relevant guidelines. Carswell’s Wealth Management Services involve the strategic allocation of
client assets among different asset classes with varying levels of risk and return. Carswell may make or
recommend tactical changes to this strategic allocation based on conditions in the current economic
environment, while being sensitive to transaction costs and taxes, as appropriate.
Wealth Management Services include development of a custom investment policy statement (“IPS”),
performance reporting, financial planning and portfolio review meetings.
Institutional Advisory Services
Carswell provides Institutional Advisory Services to institutions, endowments and foundations
on a
discretionary and non-discretionary basis.
Institutional portfolios are managed in accordance with each organization’s investment objectives, taking
into consideration risk tolerance, time horizon, liquidity and cash flow needs, restrictions/constraints, and
other relevant guidelines. Carswell’s Institutional Advisory Services involve the allocation of client assets
among different asset classes with varying levels of risk and return. Carswell may make or recommend
tactical changes to this strategic allocation based on conditions in the current economic environment, while
being sensitive to transaction costs and taxes, as appropriate.
Institutional Advisory Services include development of a custom investment policy statement (“IPS”),
performance reporting and portfolio review meetings at a frequency agreed upon with the organization.
Qualified Plan Advisory Services
Carswell provides services to Trustees of employer sponsored retirement plans regarding the selection of
plan service providers and investment options offered by and available to the plan. Carswell also provides
investment advice to individual plan participants regarding investment options offered by the plan. Carswell
and its representatives do not exercise any discretionary authority with respect to transactions on behalf of
individual plan participants. Plan Trustees may impose special instructions, restrictions/constraints, and
other relevant guidelines as outlined in their advisory services agreement for Carswell to follow in providing
services to the Trustees and/or individual plan participants.
Amount of Managed Assets
As of March 25, 2024, Carswell had $287,833,894 of assets under management. This includes
$260,386,551 managed on a discretionary basis and $27,447,343 managed on a non-discretionary basis.