Adell Harriman & Carpenter provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 11–25 clients last fiscal year.
Adell Harriman & Carpenter reports 819 clients. They include 524 high-net-worth individuals, 240 individual clients, and 24 corporations and other businesses. Of its assets, 100.0% ($2.09B across 2,825 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 29% | 4% |
| High-net-worth individuals | 64% | 86% |
| Pension and profit-sharing plans | 2% | 2% |
| Charitable organizations | 1% | <1% |
| Corporations and other businesses | 3% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 240 | $78.9M | 3.8% | $329K |
| High-net-worth individuals | 524 | $1.8B | 86.2% | $3.43M |
| Pension and profit-sharing plans | 20 | $39.9M | 1.9% | $2M |
| Charitable organizations | 11 | $13.2M | 0.6% | $1.2M |
| Corporations and other businesses | 24 | $156M | 7.5% | $6.52M |
| Total | 819 | $2.09B | 100% | $2.55M |
- Clients
- 240
- Regulatory AUM
- $78.9M
- AUM share
- 3.8%
- Avg. per client
- $329K
- Clients
- 524
- Regulatory AUM
- $1.8B
- AUM share
- 86.2%
- Avg. per client
- $3.43M
- Clients
- 20
- Regulatory AUM
- $39.9M
- AUM share
- 1.9%
- Avg. per client
- $2M
- Clients
- 11
- Regulatory AUM
- $13.2M
- AUM share
- 0.6%
- Avg. per client
- $1.2M
- Clients
- 24
- Regulatory AUM
- $156M
- AUM share
- 7.5%
- Avg. per client
- $6.52M
Total
- Clients
- 819
- Regulatory AUM
- $2.09B
- AUM share
- 100%
- Avg. per client
- $2.55M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Adell Harriman & Carpenter charges 0.50%–1.00% a year for its Annual investment management fee. The fee is billed in arrears and has a $2,500 annual minimum.
Fee details and sources
Marcus Berry is CEO; the leadership team includes Chief Compliance Officer Cynthia Wolff. It has 13 employees, 5 of them in advisory roles.
Leadership
- Marcus BerryChief Executive Officer, President, and Principal
- Cynthia WolffChief Compliance Officer and General Counsel
- Stephen AdellPrincipal
- Jennifer BarronPrincipal
- Leia CarpenterPrincipal
- Scot JohnsonPrincipal
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- Stephen Decatur Adell
- Jennifer Lynn Barron
- Marcus Wilson Berry
- Leia Powell Carpenter
- James Patrick Darby II
- Scot Wallace Johnson
Staff
- 13 employees
- 5 in advisory functions
- 5 state-registered reps
- Owns 10% to 25% of Adell Harriman & Carpenter Inc
Leia Carpenter
Control person · since January 1995
- Owns 10% to 25% of Adell Harriman & Carpenter Inc
Stephen Adell
Control person · since January 1995
- Owns 10% to 25% of Adell Harriman & Carpenter Inc
Marcus Berry
Control person · since July 2026
- Owns 10% to 25% of Adell Harriman & Carpenter Inc
Scot Johnson
Control person · since January 2021
- Owns 10% to 25% of Adell Harriman & Carpenter Inc
Jennifer Barron
Control person · since August 2024
Adell Harriman & Carpenter’s regulatory assets grew 2.0× from $1.03B (July 2021) to $2.09B (August 2026); clients rose from 776 to 819 and employees from 11 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $2.09B | 819 | 13 | 1 |
| March 2025 | $1.76B | 781 | 11 | 1 |
| March 2024 | $1.33B | 723 | 11 | 1 |
| March 2023 | $1.1B | 834 | 10 | 1 |
| March 2022 | $1.26B | 706 | 11 | 1 |
| July 2021 | $1.03B | 776 | 11 | 1 |
Besides its headquarters, Adell Harriman & Carpenter has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 2700 Post Oak BLVD, Ste 1200, HoustonHQ
Other business names
Adell Harriman & Carpenter has reported 2 other business names to the SEC.
- Adell, Harriman & Carpenter, Inc. Investments & Financial Advisory
- Ahc Investments & Financial Advisory
Contact and registration details
- Legal name
- Adell Harriman & Carpenter Inc
- Headquarters
- 2700 Post Oak BLVD, Ste 1200, Houston, TX 77056
- Website
- ahcinvest.com
- Phone
- 713-621-1155
- @adell-harriman-&-carpenter-inc.
- SEC file
- 801-50660
- Founded
- 1995
- Structure
- Texas corporation
- Fiscal year end
- December
Adell Harriman & Carpenter uses Fidelity ($2.07B) as custodian for its separately managed accounts. Adell Harriman & Carpenter has custody of $2.09B in client assets for 819 clients.
- FidelityNational Financial Services LLC · Boston, MA · $2.07B100%
At year end, Adell Harriman & Carpenter’s separately managed accounts were mostly in stocks (83%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.95B across 158 positions; the largest are Broadcom Inc. (8.1%), Nvidia Corp. (7.6%) and Apple Inc. (5.9%).
What the accounts hold
- Stocks83%
- Funds8%
- Bonds8%
- Investment grade corporate bonds4%
- U.S. government and agency bonds2%
- State and local bonds2%
- Cash1%
Reported 13F holdings
- $1.95B
- Reported 13F value
- 158
- Positions
- 45.3%
- In the 10 largest
- +19.1%
- Value vs. prior quarter
- Broadcom Inc.8.1%
- Nvidia Corp.7.6%
- Apple Inc.5.9%
- Micron Technology Inc.4.6%
- Quanta Services Inc.4.2%
- Palo Alto Networks3.9%
- Microsoft Corp.3.1%
- Alphabet Inc. Class A2.9%
- Amazon.com Inc.2.8%
- Abbvie Inc.2.2%
Together, the ten largest are 45.3% of reported value.
How many clients does Adell Harriman & Carpenter have?
Adell Harriman & Carpenter has 819 clients and manages $2.09 billion for them, as of August 2026. They include 524 high-net-worth individuals, 240 individual clients, and 24 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026
What services does Adell Harriman & Carpenter offer?
Adell Harriman & Carpenter provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Adell Harriman & Carpenter charge?
Adell Harriman & Carpenter charges 0.50%–1.00% a year for its Annual investment management fee. The fee is billed in arrears and has a $2,500 annual minimum.
Which custodians does Adell Harriman & Carpenter use?
Adell Harriman & Carpenter’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $2.07B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 August 2026
How many financial advisors does Adell Harriman & Carpenter have?
Adell Harriman & Carpenter has 5 investment adviser representatives registered with state securities authorities, out of 13 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Adell Harriman & Carpenter invest in?
At the end of its last fiscal year, Adell Harriman & Carpenter’s separately managed accounts held 83% exchange-traded equities, 8% registered funds (mutual funds, ETFs, BDCs), 4% investment grade corporate bonds, 2% U.S. government and agency bonds, 2% state and local bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Adell Harriman & Carpenter?
Adell Harriman & Carpenter’s direct owners are Leia Carpenter, Stephen Adell, Marcus Berry, Scot Johnson and Jennifer Barron, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 August 2026
How does Adell Harriman & Carpenter get paid?
Adell Harriman & Carpenter is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Adell Harriman & Carpenter registered with the SEC?
Yes, Adell Harriman & Carpenter has been registered with the SEC as an investment adviser since 29 November 1995. Its CRD number is 107488 and its SEC file number is 801-50660.
Source: Form ADV Part 1A, Item 1, filed 27 August 2026; IAPD firm record
How do I contact Adell Harriman & Carpenter?
Adell Harriman & Carpenter’s main office is at 2700 Post Oak BLVD, Ste 1200, Houston, TX 77056. Its phone number is 713-621-1155. Its website is ahcinvest.com.