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Carr & Associates, Inc.

150 BROADWAY, SUITE 509
NEW YORK, New York 10038
United States
 
Contact :      Ms. MARILYN BROWN
Phone :       212-766-2520
Fax :             212-766-2522
Email :         gocarr@aol.com
Web :           http://www.carrconverts.com

Carr & Associates, Inc. Information

Type of organization :
Total Assets Managed ($Mil) : $25
Tax-Exempt Managed ($Mil) : $23
Taxable Assets Managed ($Mil) : $21
Year Founded : 1989
Wrap Programs Offered? : Yes
# of Accounts Managed : 70
In-House Research : 20 %
Carries liability insurance? : No
Errors & Omission Insurance? : No
Socially Responsible? : No
Minority Owned? : Yes
Wrap Program Description  
In $ Thousands

Carr & Associates, Inc. History

In 1985, Michael Carr founded Shearson Convertible Securities Management to provide management of portfolios of convertible securities to the clients of Shearson Lehman Brothers. Designed for conservative investors seeking the balance of safety, income and growth potential that convertible securities can provide, assets under management grew rapidly -- to $200 million in less than two years. Mr. Carr founded Carr & Associates as an independent investment adviser in 1989 to serve the clients of a broad range of brokerage firms under a variety of fee, commission and monitoring arrangements. Marilyn Brown joined Carr & Associates as co-principal in 1991.

Assets by Client Category Professional Categories
Assets   # of Clients Amount ($Mil)  
Individuals/Trusts :
154
$35.35
 
Limited Partnership :
 
Foundations :
1
$0.001
ERISA :
5
$6.85
Unions, Taft-Hartley :
Public :
Others :
3
$2.12
Total # of Professional : 0 Analysts : 0
Portfolio Managers : 2 Traders : 1
Client Service : 0 Operation : 0

Carr & Associates, Inc. Personnel

Ms.  MARILYN BROWN

General Partner
Tel : 212-766-2520
Email: gocarr@aol.com
Ms. Brown began her career in securities research and securities research management some 40 years ago. Prior to joining Carr & Associates, Ms. Brown was President of Lyon Research Corp., a registered investment advisory firm providing in-depth research on emerging industries to a prestigious list of institutional investment firms. One of the pioneering women in the investment industry, in the 1960's Ms. Brown developed and managed the institutional research program at Dain Rauscher, a leading regional investment firm. In the early 1970's she managed institutional equity research at Drexel Burnham as Vice President and Assistant Director of Research. In the 1980's Ms Brown served as Vice President - Corporate Communications of Becton Dickinson, the multi-national health care company where she was a member of both its Management and Operating Committees. She is a Chartered Financial Analyst and for many years a Supervisory Analyst of the New York Stock Exchange. She is a member of both the Association for Investment Management and Research and the New York Society of Security Analysts. A frequent speaker and author on investment issues and formerly an Advisor on ERISA to the Secretary of Labor, Ms. Brown has been honored by the YWCA as "Woman in International Industry". She is a cum laude graduate of Mount Holyoke College.

Mr.  Michael Carr

General Partner
Tel : 2127662520
Email: gocarr2@aol.com
Michael Carr founded Carr & Associates in 1989. Immediately prior, he was a Senior Vice President of Shearson Lehman Brothers, then one of the top financial services institutions, where he was Chairman of Shearson Convertible Securities Management and founder of the firm's Convertible Securities Management program. He also served as Shearson's fixed income strategist with responsibility for the firm's "Convertible Securities Guided Portfolio" and "Convertible Securities Monthly". Additionally, he was one of the pioneers of Bondstat, a proprietary fixed-income system used nationally by institutional investors. His 40 years of experience in the securities industry is unusually strong in the fields of research and credit analysis. Mr. Carr's professional credentials include designation as a Chartered Financial Analyst. He is a member of the Association for Investment Management and Research, the New York Society of Security Analysts, and, for over 20 years, held accreditation by the New York Stock Exchange as a Supervisory Analyst. A graduate of the University of Notre Dame, he received a Masters of Business Administration degree from New York University.

Mr.  Han Zhang

Securities Trader
Tel : 212-766-2520
Email: hzhang@carrconverts.com
Han Hzang joined Carr & Associates in2004 to act as assistant to the firm's two principals, Michael Carr and Marilyn Brown. Since then he has assumed responsibility for the firm's trading as well as its administrative activities. He is a graduate of Stony Brook University with a B. Sc. in Information Technology and in 2007 received an MBA from Bernard Baruch.

Carr & Associates, Inc. Product Name

Report Created: August,4 2020.  Copyright Money Manager Review , All rights Reserved.
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