Work of Carret Asset Management LLC

Carret Asset Management, LLC is a privately owned investment management firm. Alan Quasha is co-chairman of the company.  One of the services the company offers is Taft-Hartley Plans.  These plans comprise the following principal characteristics: a) a joint board of trustees (representing both management and labor equally) manage the fund and its assets; b) each participating employer collectively bargains the fund; c) contributions to the fund come from at least one employer; d) the assets are put into a trust fund which has a legal segregation from the union and employers to benefit only the employees and their families.