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Caruso Mclean & Co., Inc.

Caruso Mclean & Co., Inc.. CRD 126084

Caruso Mclean & Co., Inc. logo

CRD: 126084

Caruso Mclean & Co., Inc.

$281.8M Total AUM
$22.3M Disc. AUM
13.1% 3Y CAGR
5 Employees
125 ADV. Clients
21 yrs Firm Age

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Firm Details

Custodian
Pershing
Clients
Retail and Institutional
Established Date
12-31-2004
Office Locations
1

Office Locations

130 Lomond Court Utica NY

About Caruso Mclean & Co., Inc.

Caruso McLean & Co. provides customized investment, asset and wealth management for individuals preparing for retirement and for corporate pension plans. The team builds portfolios around clients’ goals and risk tolerance, with ongoing monitoring and cash-reserve management, and also offers insurance solutions for family, business, and estate needs. Public filings indicate Pershing as a primary custodian, supporting retail and institutional relationships.

Reported data analysis

What the numbers show

Between March 28, 2025 and March 18, 2026, reported AUM increased 13.2%, from $248.9M to $281.8M.

Across 5 reported observations, AUM increased 23.9% between March 30, 2022 and March 18, 2026, from $227.4M to $281.8M.

Of the latest reported AUM, 7.9% is discretionary and 92.1% is non-discretionary.

The firm reports 4 advisory representatives and 125 clients, or 31.3 clients per representative. That equates to $2.3M in reported AUM per client.

The profile lists 1 reported office location and 21 years in operation. The source data was last updated on March 18, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

49 AVG AGE
$70.4M AVG AUM / ADVISOR
$2.3M AVG AUM / CLIENT
12.5 yrs AVG TENURE
5 Employees
4 Advisory Reps
5 RIA Reps
21yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

GREGORY BRUCE MCLEAN

GREGORY BRUCE MCLEAN

Chief Executive Officer, Chief Financial Officer, President

CRD
#722787
Ownership
75% or more
STEPHEN LOUIS CARUSO

STEPHEN LOUIS CARUSO

Chief Compliance Officer

CRD
#2729658
Ownership
Less than 5%

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Contacts

KEVIN W CONWAY

KEVIN W CONWAY

Senior Advisor

CRD
#6083918
DAVID B HAMLIN

DAVID B HAMLIN

Certified Financial PlannerTM

CRD
#6390497

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
03-30-2022
03-22-2023
03-27-2024
03-28-2025
03-18-2026
Category Assets AVG. Account size
Discretionary $22,306,199 $1,858,850
Non-Discretionary $259,460,148 $1,526,236
Total $281,766,347 $1,548,167

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Separately Managed Accounts

SMA allocation detail is available

Caruso Mclean & Co., Inc. has reported separately managed account data across 5 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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