Carlisle Tax Credits LLC (Boston)

Name: Carlisle Tax Credits LLC
Address: 263 Summer St., Boston, MA, 02210
Telephone: 617-500-8620

Carlisle Tax Credits LLC is a large advisory firm based in Boston. It manages $271.2 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Massachusetts, Pennsylvania, and Texas.

Carlisle Tax Credits provides portfolio management for businesses and institutional clients and advice on tax credit transactions. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Carlisle Tax Credits: assets under management

The assets under management (AUM) of Carlisle Tax Credits LLC is $271.2 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Carlisle Tax Credits 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.

What kind of clients Carlisle Tax Credits serves?

The firm provides services to insurance companies, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Carlisle Tax Credits is insurance companies with 2 clients and $237.83 million of assets under management. Among the 13 most similar advisory firms, Carlisle Tax Credits has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $271.2 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Carlisle Tax Credits also advises several private funds. Namely, ten real estate funds.

Careers at Carlisle Tax Credits LLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Arthur Floreani	Llc member and cco	1 Aug 2009	50% - 75%	2395782
Carlisle Tax Credit Advisors Llc	Llc member	1 Aug 2009	50% - 75%	20-4553906

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Eric Hyde Darling	Member	1 Mar 2006	75% - 100%	5715371

Based in Boston

The principal office where Carlisle Tax Credits LLC performs its advisory services is located at 263 Summer St., Boston, MA 02210, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-500-8620 or by fax 617-500-9920. The normal business hours are 9am - 5pm et on Monday - Friday. You can find more information about the New York firm at carlisletaxcredits.com.