Sicart Associates, LLC

Sicart Associates, LLC is a registered investment adviser based in New York, providing investment advisory services on a discretionary basis to individuals, families, trusts, foundations, and private investment vehicles. The firm manages $380,314,806 in discretionary assets under management as of December 31, 2024. Sicart offers tailored wealth management services, focusing on a global contrarian value investment strategy that seeks capital preservation and growth through long-term investment in global equity and equity-related securities. The firm's investment team, led by the Principals, employs fundamental research and quantitative tools to make investment decisions. Sicart may also provide trustee services, analyze illiquid securities, and assist clients in analyzing potential investment opportunities. Clients are required to enter into a written agreement with Sicart, with compensation for investment management services based on a negotiable fee scale up to an annual rate of 2.0% of assets under management. The firm may offer lesser fee schedules based on various factors. Sicart generally recommends utilizing a Recommended Custodian for brokerage, custodial, and clearing services, providing benefits such as technology support and trade aggregation. The firm does not engage in performance-based fees and has no soft dollar arrangements with broker-dealers. Sicart has adopted a Code of Ethics and procedures to minimize conflicts of interest related to personal trading and client transactions. The firm reviews client accounts regularly and votes proxies on behalf of clients when authorized. Sicart has no reportable legal or disciplinary events and has no financial commitments impairing its ability to meet client commitments.