9AT: CAROSA, STANTON & DEPAOLO ASSET MANAGEMENT, LLC

Adviser Profile

As of Date	03/27/2026
Registration	SEC, Approved, 11/22/1996
ADV Location	MENDON, NY, United States
Contact Info	(58 xxxxxxx
Websites

AUM^*	50,745,803 22%
of that, discretionary	50,745,803 22%
Number of Employees	3
of those in investment advisory functions	2
Private Fund GAV^*	0
Avg Account Size	1,879,474 9%
SMA’s	Yes
Private Funds	0

Adviser Type

- Mid-sized advisory firm
- An investment adviser (or subadviser) to an investment company

Client Types

- Individuals (other than high net worth individuals)
- Investment companies

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for businesses
- Pension consulting services

Compensation Arrangments

- A percentage of assets under your management

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser REFLECTION ASSET MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM228.9m	#Funds-
Adviser RICHARD BERNSTEIN ADVISORS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM3.8b	#Funds-
Adviser SMI ADVISORY SERVICES, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM949.0m	#Funds-
Adviser CAPITAL ADVISERS, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM620.0m	#Funds-
Adviser GRIMALDI PORTFOLIO SOLUTIONS, INC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM133.0m	#Funds-
Adviser PORTFOLIO STRATEGIES INC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM50.2m	#Funds-
Adviser INTEGRATED CAPITAL MANAGEMENT, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM232.4m	#Funds-
Adviser NBW CAPITAL LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM622.4m	#Funds-
Adviser CALDER FINANCIAL GROUP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM297.0m	#Funds-
Adviser BEACON CAPITAL MANAGEMENT, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM4.3b	#Funds-

Brochure Summary

Overview

Carosa Stanton Asset Management, LLC was founded in 1996 by Christopher Carosa and Gordon R. Stanton. Each own half the member units of the firm. The firm is federally registered with the SEC (Securities and Exchange Commission) as a Registered Investment Adviser. Carosa Stanton Asset Management, LLC provides investment supervisory services to individuals, families and their related entities, trusts and estates, and family businesses. The firm limits its investments to equity securities (exchange-listed, over-the-counter and foreign issues), warrants, corporate debt securities, certificates of deposit, municipal securities, mutual fund shares and United States government securities. Carosa Stanton Asset Management, LLC also furnishes investment advice through consultations not included in the above service to retirement plans. Carosa Stanton Asset Management, LLC tailors its investment advisory service to the individual needs of clients. Clients may impose restrictions on investing in certain securities or types of securities. The firm offers clients with comprehensive investment supervisory services. Carosa Stanton also offers clients with comprehensive investment consulting services through its “Independent Fiduciary ConsultantsSM” (“IFC”) division. Among the services provided are the following: (a) Coordinate

with the client and any other relevant advisers to identify and document the specific individual investment needs of the client. (b) Establishing the appropriate investment objectives for the client’s portfolio based on those specific individual investment needs the client has. (c) Within the framework of the investment objective, the giving of continual advice as to the investment of the client’s portfolio through the day-to-day management of that portfolio. (d) Assisting the client in the periodic updating of specific individual investment needs and assess the continued appropriateness of the client’s investment objective. (e) Providing accurate and pertinent periodic reports to enhance the client’s ability to monitor investment results. The firm’s compensation is solely from fees paid directly by clients. The firm does not receive commission based on the client’s purchase of any financial product, including insurance. No commissions in any form are accepted. The firm does not participate in any wrap fee programs and receives no benefits from brokers based on client securities transactions (“soft dollar benefits”). As of December 31, 2023, Carosa Stanton Asset Management, LLC managed approximately $41,724,974 in assets for about 24 accounts. All accounts are managed on a discretionary basis.

CAROSA, STANTON & DEPAOLO ASSET MANAGEMENT, LLC

CAROSA, STANTON & DEPAOLO ASSET MANAGEMENT, LLC

CAROSA STANTON ASSET MANAGEMENT, LLC

INDEPENDENT FIDUCIARY CONSULTANTS

CAROSA, STANTON & MULHERN ASSET MANAGEMENT, LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

Need help?

Send a question to 9AT support.

CAROSA, STANTON & DEPAOLO ASSET MANAGEMENT, LLC CAROSA, STANTON & DEPAOLO ASSET MANAGEMENT, LLC CAROSA STANTON ASSET MANAGEMENT, LLC INDEPENDENT FIDUCIARY CONSULTANTS CAROSA, STANTON & MULHERN ASSET MANAGEMENT, LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

CAROSA, STANTON & DEPAOLO ASSET MANAGEMENT, LLC

CAROSA, STANTON & DEPAOLO ASSET MANAGEMENT, LLC

CAROSA STANTON ASSET MANAGEMENT, LLC

INDEPENDENT FIDUCIARY CONSULTANTS

CAROSA, STANTON & MULHERN ASSET MANAGEMENT, LLC