Carl W. Large, An Accountancy Corporation

Carl W. Large, An Accountancy Corporation provides investment supervisory services primarily for pooled and institutional accounts while also offering financial planning, investment consultations, and tax preparation for pensions, trusts, estates and other business entities. The firm combines investment advice with accounting services and documents client goals in investment policy statements to guide ongoing work.

The firm’s investment approach centers on strategic asset allocation using a core-and-satellite framework, with passive index funds and ETFs as the core and selectively added active funds, and portfolios are globally diversified; it implements discretionary trading under limited trading authorization and conducts quarterly reviews and reporting. Assets are invested primarily through no‑load or low‑load mutual funds and exchange‑traded funds, with the firm noting it may also use individual equities, bonds and options when appropriate.

What is distinctive is that the adviser operates as an accountancy corporation that provides and is compensated for accounting and tax services alongside investment management, and it maintains material arrangements and referral relationships with multiple broker‑dealers and investment firms (including Merrill Lynch, Wells Fargo Advisors, Bernstein, Morgan Stanley and Pacific Point Asset Management). The firm also documents a selection/referral process for other professionals and uses a mix of fee arrangements (retainer, hourly, fixed and asset‑based, negotiable) rather than relying on a single fee model, while operating as a small, sole‑practitioner advisory organization.