Carbahal Olsen Financial Services Group provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Carbahal Olsen Financial Services Group reports 244 clients. They include 188 individual clients, 49 high-net-worth individuals, and 7 pension and profit-sharing plans. Of its assets, 93.9% ($242M across 538 accounts) are managed with discretion; $15.8M across 49 accounts are not. It advised 7 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 77% | 29% |
| High-net-worth individuals | 20% | 68% |
| Pension and profit-sharing plans | 3% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 188 | $75.4M | 29.3% | $401K |
| High-net-worth individuals | 49 | $175M | 67.9% | $3.57M |
| Pension and profit-sharing plans | 7 | $7.33M | 2.8% | $1.05M |
| Total | 244 | $258M | 100% | $1.06M |
- Clients
- 188
- Regulatory AUM
- $75.4M
- AUM share
- 29.3%
- Avg. per client
- $401K
- Clients
- 49
- Regulatory AUM
- $175M
- AUM share
- 67.9%
- Avg. per client
- $3.57M
- Clients
- 7
- Regulatory AUM
- $7.33M
- AUM share
- 2.8%
- Avg. per client
- $1.05M
Total
- Clients
- 244
- Regulatory AUM
- $258M
- AUM share
- 100%
- Avg. per client
- $1.06M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 7
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Carbahal Olsen Financial Services Group charges 0.40%–1.75% for its Asset Management Fees. The brochure does not state whether the rate is annual. The fee is billed in arrears, is negotiable and requires an account of at least $50,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consultations
- Financial planning or consultation is billed at $75 to $350 per hour, or a fixed fee of $250 to $1,500 per plan; fees are negotiable.
Manuel Carbahal owns 25% to 50% of Carbahal Olsen Financial Services Group. The leadership team of Carbahal Olsen Financial Services Group includes Chief Investment Officer Kurt Schrader. It has 3 employees, 1 of them in advisory roles.
Staff
- 3 employees
- 1 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 25% to 50% of Carbahal Olsen Financial Services Group LLC
Manuel Carbahal
Control person · since September 1999
- Owns 25% to 50% of Carbahal Olsen Financial Services Group LLC
John Carbahal
Control person · since September 1999
- Owns 25% to 50% of Carbahal Olsen Financial Services Group LLC
Kurt Schrader
Control person · since January 2021
Carbahal Olsen Financial Services Group’s regulatory assets grew 1.9× from $133M (March 2021) to $258M (March 2026); clients rose from 222 to 244 and employees fell from 4 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $258M | 244 | 3 | 1 |
| May 2025May 2025 | $213M | 243 | 3 | 1 |
| Mar 2024March 2024 | $180M | 237 | 4 | 1 |
| Mar 2023March 2023 | $153M | 225 | 5 | 1 |
| Apr 2022April 2022 | $158M | 231 | 5 | 1 |
| Mar 2021March 2021 | $133M | 222 | 4 | 1 |
Besides its headquarters, Carbahal Olsen Financial Services Group has 0 offices, with 1 listed address in 1 state.
California · 1 listed address
- 1107 Kennedy Place, Suite 3, DavisHQ
Contact and registration details
- Legal name
- Carbahal Olsen Financial Services Group LLC
- Headquarters
- 1107 Kennedy Place, Suite 3, Davis, CA 95616-1273
- Website
- carbahalolsen.com
- Phone
- 530-758-4921
- SEC file
- 801-118793
- Founded
- 1999
- Structure
- California LLC
- Fiscal year end
- December
Carbahal Olsen Financial Services Group’s named custodian for separately managed accounts is Fidelity ($252M). Carbahal Olsen Financial Services Group has custody of $12.7M for 16 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $252M100%
At year end, Carbahal Olsen Financial Services Group’s separately managed accounts were mostly in funds (81%). Its reported 13F holdings for the quarter ended 30 June 2026 total $144M across 40 positions; the largest are iShares TR (25.2%), Invesco Qqq TR (14.2%) and iShares TR (12.8%).
What the accounts hold
- Stocks8%
- Funds81%
- Registered funds80%
- Pooled vehicles1%
- Bonds7%
- Investment grade corporate bonds5%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash7%
How many clients does Carbahal Olsen Financial Services Group have?
Carbahal Olsen Financial Services Group has 244 clients and manages $258 million for them, as of March 2026. They include 188 individual clients, 49 high-net-worth individuals, and 7 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026
What services does Carbahal Olsen Financial Services Group offer?
Carbahal Olsen Financial Services Group provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, 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 Carbahal Olsen Financial Services Group charge?
Carbahal Olsen Financial Services Group charges 0.40%–1.75% for its Asset Management Fees. The brochure does not state whether the rate is annual. The fee is billed in arrears, is negotiable and requires an account of at least $50,000.
Which custodians does Carbahal Olsen Financial Services Group use?
Carbahal Olsen Financial Services Group’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $252M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026
How many financial advisors does Carbahal Olsen Financial Services Group have?
Carbahal Olsen Financial Services Group has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Carbahal Olsen Financial Services Group invest in?
At the end of its last fiscal year, Carbahal Olsen Financial Services Group’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 7% cash and equivalents, 5% investment grade corporate bonds, 1% U.S. government and agency bonds, 1% state and local bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Carbahal Olsen Financial Services Group have a minimum investment?
Yes, Carbahal Olsen Financial Services Group’s minimum account size for its Asset Management Fees is $50K.
Who owns Carbahal Olsen Financial Services Group?
Carbahal Olsen Financial Services Group’s direct owners are Manuel Carbahal, John Carbahal and Kurt Schrader, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 17 March 2026
How does Carbahal Olsen Financial Services Group get paid?
Carbahal Olsen Financial Services Group is paid through a percentage of assets under management, hourly charges and fixed fees. 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
How do I contact Carbahal Olsen Financial Services Group?
Carbahal Olsen Financial Services Group’s main office is at 1107 Kennedy Place, Suite 3, Davis, CA 95616-1273. Its phone number is 530-758-4921. Its website is carbahalolsen.com.