{"url":"https://nivawealth.com/firms/carmichael-capital-118468","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/118468","regulatoryAum":126644840,"crd":"118468","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"710241","suffix":null,"lastName":"CARMICHAEL","firstName":"CLAUDE","middleName":"RUDY"}],"total":1,"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":"2024-03-22","regulatoryAum":112983662,"clients":96,"employees":4,"offices":1},{"filedOn":"2025-05-06","regulatoryAum":141877112,"clients":100,"employees":4,"offices":1},{"filedOn":"2026-03-04","regulatoryAum":126644840,"clients":76,"employees":2,"offices":1}],"secFileNumber":"801-129968","legalName":"Carmichael Capital, Inc.","displayName":"Carmichael Capital","slug":"carmichael-capital-118468","website":"https://carmichaelcreel.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/carmichael-creel","founded":null,"organization":"Delaware corporation","fiscalYearEnd":"December","headquarters":{"street":"339 Main Street, 2nd Floor","city":"Franklin","state":"TN","stateName":"Tennessee","country":"United States","postalCode":"37064"},"tradeNames":["Carmichael Creel Investments"],"registration":{"secApproved":"24 April 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1628159.3684210526,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":126644840,"discretionary":126644840,"discretionaryAccounts":203,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":39,"regulatoryAum":5042522},{"label":"High-net-worth individuals","clients":37,"regulatoryAum":118697590},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":2904728}],"feePrograms":[{"role":"main","program":"Management fee","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014509","versionId":1014509,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-04","documentName":"CCI ADV PART 2A & 2B","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:28:40.176028+00:00","documents":[{"name":"CCI ADV PART 2A & 2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014509","versionId":1014509,"submittedOn":"2026-03-04"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":123998824}],"custodyNote":"Carmichael Capital does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Claude Carmichael","title":"President/Chief Compliance Officer","crd":"710241"}],"ownership":[{"label":"Claude Carmichael","detail":"President/chief compliance officer in the 75% or more ownership band and a control person, since May 1993."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":1,"addresses":[{"street":"339 Main Street, 2nd Floor","city":"Franklin","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"615-595-5825","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":68},{"label":"U.S. government/agency bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":5},{"label":"Cash and cash equivalents","percent":25}],"privateFunds":0},"sources":{"adv1FilingDate":"4 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/118468/PDF/118468.pdf","brochureDate":"4 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014509","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 Carmichael Capital have?","answer":"Carmichael Capital has 76 clients and manages $127 million for them, as of March 2026. They include 39 individual clients and 37 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Carmichael Capital offer?","answer":"Carmichael Capital provides portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Carmichael Capital charge?","answer":"Carmichael Capital charges up to 1.00% a year for its Management fee. The fee is billed in arrears and is negotiable.","source":"CCI ADV PART 2A & 2B, filed 4 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Carmichael Capital use?","answer":"Carmichael Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $124M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Carmichael Capital have?","answer":"Carmichael Capital has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Carmichael Capital invest in?","answer":"At the end of its last fiscal year, Carmichael Capital’s separately managed accounts held 68% exchange-traded equities, 25% cash and equivalents, 5% registered funds (mutual funds, ETFs, BDCs) and 2% U.S. government and agency bonds.","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":"Who owns Carmichael Capital?","answer":"Carmichael Capital’s direct owner is Claude Carmichael (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Carmichael Capital get paid?","answer":"Carmichael Capital 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Carmichael Capital?","answer":"Carmichael Capital’s main office is at 339 Main Street, 2nd Floor, Franklin, TN 37064. Its phone number is 615-595-5825. Its website is carmichaelcreel.com.","source":"Form ADV Part 1A, Item 1.F, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on 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."}