Charles Pratt & Company, L.L.C.

Charles Pratt & Company provides wealth management, custody, tax and accounting, and financial planning services primarily for multigenerational Pratt family members and a limited number of outside clients, including individuals (both non‑HNW and high‑net‑worth), trusts, pooled investment vehicles, and charitable organizations. The firm offers custody and individual portfolio management, as well as manager selection and monitoring services, and prepares tax returns and accounting work for individuals, trusts, estates, partnerships, corporations, and tax‑exempt entities.

The firm emphasizes long‑term, asset‑allocation driven portfolios and frequently uses third‑party registered investment advisers for discretionary management, while monitoring managers’ holdings and performance and assisting clients in manager transitions when needed. CP & Co. also retains discretionary authority over client cash balances, investing them in money market mutual funds on an ongoing basis pending other investments.

Notable for a firm of its size, Charles Pratt & Company is affiliated with a trust company it wholly owns (Dosoris Trust Company), sponsors common trust funds and serves as general partner to an open‑ended partnership that invests primarily in non‑U.S. securities, reflecting its role as a private fund adviser and provider of pooled vehicles. The firm manages roughly $916 million with a small advisory staff and a high client load per advisor, and it disclosed a 2022 SEC settlement relating to custody‑rule compliance and the timeliness/verification of fund financials, including a consented monetary penalty and remedial commitments.