{"url":"https://nivawealth.com/firms/carbahal-olsen-financial-services-group-151765","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/151765","regulatoryAum":257597197,"crd":"151765","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4319110","suffix":null,"lastName":"CARBAHAL","firstName":"MANUEL","middleName":"ALAN"},{"crd":"6868604","suffix":null,"lastName":"Schrader","firstName":"Kurt","middleName":"Douglas"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-16","regulatoryAum":133078463,"clients":222,"employees":4,"offices":1},{"filedOn":"2022-04-25","regulatoryAum":157980036,"clients":231,"employees":5,"offices":1},{"filedOn":"2023-03-16","regulatoryAum":152866671,"clients":225,"employees":5,"offices":1},{"filedOn":"2024-03-15","regulatoryAum":180195299,"clients":237,"employees":4,"offices":1},{"filedOn":"2025-05-13","regulatoryAum":212823161,"clients":243,"employees":3,"offices":1},{"filedOn":"2026-03-17","regulatoryAum":257597197,"clients":244,"employees":3,"offices":1}],"secFileNumber":"801-118793","legalName":"Carbahal Olsen Financial Services Group LLC","displayName":"Carbahal Olsen Financial Services Group","slug":"carbahal-olsen-financial-services-group-151765","website":"https://carbahalolsen.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/151765/93b5c12eef082f7c-r1.webp","tone":"light","width":550,"height":200,"sourceUrl":"https://www.carbahalolsen.com/","sourceLabel":"Carbahal Olsen Financial Services Group LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/carbahal-olsen-financial-services/about/","founded":"1999","organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1107 Kennedy Place, Suite 3","city":"Davis","state":"CA","stateName":"California","country":"United States","postalCode":"95616-1273"},"tradeNames":[],"registration":{"secApproved":"26 May 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1055980.2109704642,"staff":{"employees":3,"advisory":1,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":257597197,"discretionary":241824514,"discretionaryAccounts":538,"nonDiscretionary":15772683,"nonDiscretionaryAccounts":49,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":7},"clientTypes":[{"label":"Individuals (other than HNW)","clients":188,"regulatoryAum":75398339},{"label":"High-net-worth individuals","clients":49,"regulatoryAum":174868971},{"label":"Pension and profit-sharing plans","clients":7,"regulatoryAum":7329887}],"feePrograms":[{"role":"main","program":"Asset Management Fees","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020098","versionId":1020098,"ratePeriod":"not_stated","fee_billing":"arrears","submittedOn":"2026-03-17","documentName":"ADV CURRENT PART 2A BROCHURE","fee_rate_low":0.4,"fee_rate_high":1.75,"fee_negotiable":true,"minimum_account":50000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consultations","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020098","versionId":1020098,"submittedOn":"2026-03-17","documentName":"ADV CURRENT PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:00:31.242451+00:00","documents":[{"name":"ADV CURRENT PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020098","versionId":1020098,"submittedOn":"2026-03-17"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":252462416}],"custodyNote":"Carbahal Olsen Financial Services Group has custody of $12.7M for 16 clients.","otherCustodians":[],"leadership":[{"name":"John Carbahal","title":"Member","crd":"4318639"},{"name":"Manuel Carbahal","title":"Member","crd":"4319110"},{"name":"Kurt Schrader","title":"Member","crd":"6868604"},{"name":"Kurt Schrader","title":"CCO","crd":"6868604"},{"name":"Kurt Schrader","title":"Chief Investment Officer","crd":"6868604"}],"ownership":[{"label":"Manuel Carbahal","detail":"Member in the 25% to 50% ownership band and a control person, since September 1999."},{"label":"John Carbahal","detail":"Member in the 25% to 50% ownership band and a control person, since September 1999."},{"label":"Kurt Schrader","detail":"Member in the 25% to 50% ownership band and a control person, since January 2021. Also cco in the 25% to 50% ownership band and a control person, since March 2022. Also chief investment officer in the 25% to 50% ownership band and a control person, since January 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"1107 Kennedy Place, Suite 3","city":"Davis","headquarters":true}]}],"brochureServices":["estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"530-758-4921","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":8},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":80},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":0},"sources":{"adv1FilingDate":"17 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/151765/PDF/151765.pdf","brochureDate":"17 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020098","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Carbahal Olsen Financial Services Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Carbahal Olsen Financial Services Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Carbahal Olsen Financial Services Group charge?","answer":"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.","source":"ADV CURRENT PART 2A BROCHURE, filed 17 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Carbahal Olsen Financial Services Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Carbahal Olsen Financial Services Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Carbahal Olsen Financial Services Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Carbahal Olsen Financial Services Group have a minimum investment?","answer":"Yes, Carbahal Olsen Financial Services Group’s minimum account size for its Asset Management Fees is $50K.","source":"ADV CURRENT PART 2A BROCHURE, filed 17 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Carbahal Olsen Financial Services Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Carbahal Olsen Financial Services Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Carbahal Olsen Financial Services Group?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/carbahal-olsen-financial-services-group-151765/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2052538/000205253826000008/0002052538-26-000008-index.html","totalValue":144043991,"positionCount":40,"top10Share":0.897710956925652,"top10":[{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":36261970,"shares":48420,"shareType":"SH","priorValue":31390734,"priorShares":48056},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":20433270,"shares":27747,"shareType":"SH","priorValue":16097847,"priorShares":27891},{"issuer":"ISHARES TR","titleOfClass":"S&P 500 GRWT 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the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}