Carrera Capital Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, retirement plan services, tax planning, and tax preparation.
Carrera Capital Advisors reports 998 clients. They include 718 individual clients, 239 high-net-worth individuals, and 23 pension and profit-sharing plans. Of its assets, 100.0% ($969M across 1,957 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 72% | 21% |
| High-net-worth individuals | 24% | 60% |
| Investment companies | <1% | 12% |
| Pension and profit-sharing plans | 2% | 4% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 718 | $201M | 20.7% | $279K |
| High-net-worth individuals | 239 | $584M | 60.3% | $2.44M |
| Investment companies | 1 | $121M | 12.5% | $121M |
| Pension and profit-sharing plans | 23 | $40.8M | 4.2% | $1.78M |
| Charitable organizations | Fewer than 5 | $304K | 0.0% | $304K |
| Corporations and other businesses | 16 | $21.9M | 2.3% | $1.37M |
| Total | 998 | $969M | 100% | — |
- Clients
- 718
- Regulatory AUM
- $201M
- AUM share
- 20.7%
- Avg. per client
- $279K
- Clients
- 239
- Regulatory AUM
- $584M
- AUM share
- 60.3%
- Avg. per client
- $2.44M
- Clients
- 1
- Regulatory AUM
- $121M
- AUM share
- 12.5%
- Avg. per client
- $121M
- Clients
- 23
- Regulatory AUM
- $40.8M
- AUM share
- 4.2%
- Avg. per client
- $1.78M
- Clients
- Fewer than 5
- Regulatory AUM
- $304K
- AUM share
- 0.0%
- Avg. per client
- $304K
- Clients
- 16
- Regulatory AUM
- $21.9M
- AUM share
- 2.3%
- Avg. per client
- $1.37M
Total
- Clients
- 998
- Regulatory AUM
- $969M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Carrera Capital Advisors charges 0.20%–1.40% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Flat fee generally ranging from $1,000 to $25,000 per engagement, 25% due in advance and the balance on completion; fees are negotiable.
KN Seven, LLC owns 50% to 75% of Carrera Capital Advisors and is in turn owned by Keith Nichol (75% or more). The leadership team of Carrera Capital Advisors includes President Keith Nichol and Chief Compliance Officer Musa Abdul-Basser. It has 13 employees, 12 of them in advisory roles.
Staff
- 13 employees
- 12 in advisory functions
- 10 state-registered reps
- 8 insurance agents
- Owns 50% to 75% of Carrera Capital Advisors, LLC
KN Seven, LLC
Control person · since May 2022
- Owns 75% or more of KN Seven, LLC
Keith Nichol
Control person · since July 2022
- Owns 25% to 50% of Carrera Capital Advisors, LLC
Jake Raska LLC
Control person · since May 2022
- Owns 75% or more of Jake Raska LLC
Jacob Raska
Control person · since July 2022
Carrera Capital Advisors’ regulatory assets grew Infinity× from $0 (April 2024) to $969M (July 2026); employees rose from 11 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $969M | 998 | 13 | 1 |
| Mar 2025March 2025 | $648M | 953 | 13 | 1 |
| Apr 2024April 2024 | $0 | 0 | 11 | 1 |
Besides its headquarters, Carrera Capital Advisors has 0 offices, with 1 listed address in 1 state.
Michigan · 1 listed address
- 901 Wilshire Drive, Suite 565, TroyHQ
Contact and registration details
- Legal name
- Carrera Capital Advisors, LLC
- Headquarters
- 901 Wilshire Drive, Suite 565, Troy, MI 48084-5611
- Website
- carrera-capital-advisors.com
- Phone
- 248-362-5009
- SEC file
- 801-130197
- Founded
- 2024
- Structure
- Michigan LLC
- Fiscal year end
- December
Carrera Capital Advisors’ named custodians for separately managed accounts are Fidelity ($690M, 79%) and Charles Schwab ($188M, 21%). Carrera Capital Advisors does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $690M79%
- Charles SchwabThe Charles Schwab & Co., Inc. · San Fransisco, CA · $188M21%
At year end, Carrera Capital Advisors’ separately managed accounts were mostly in funds (67%) and stocks (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $675M across 210 positions; the largest are Bondbloxx ETF Trust (22.3%), SPDR Series Trust (4.4%) and Proshares TR (3.8%).
What the accounts hold
- Stocks15%
- Funds67%
- Registered funds64%
- Pooled vehicles3%
- Bonds13%
- Cash5%
How many clients does Carrera Capital Advisors have?
Carrera Capital Advisors has 998 clients and manages $969 million for them, as of July 2026. They include 718 individual clients, 239 high-net-worth individuals, and 23 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026
What services does Carrera Capital Advisors offer?
Carrera Capital Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, education planning, estate planning, insurance, retirement plan services, tax planning, and tax preparation.
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 Carrera Capital Advisors charge?
Carrera Capital Advisors charges 0.20%–1.40% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable.
Which custodians does Carrera Capital Advisors use?
Carrera Capital Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $690M and The Charles Schwab & Co., Inc. (San Fransisco, CA), with $188M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026
How many financial advisors does Carrera Capital Advisors have?
Carrera Capital Advisors has 10 investment adviser representatives registered with state securities authorities, out of 13 employees, and 12 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 employees are 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 Carrera Capital Advisors invest in?
At the end of its last fiscal year, Carrera Capital Advisors’ separately managed accounts held 64% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 13% U.S. government and agency bonds, 5% cash and equivalents and 3% 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
Who owns Carrera Capital Advisors?
Carrera Capital Advisors is owned through holding companies by Keith Nichol and Jacob Raska. Its direct owners are KN Seven, LLC (50% to 75%) and Jake Raska LLC (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026
How does Carrera Capital Advisors get paid?
Carrera Capital Advisors 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 Carrera Capital Advisors?
Carrera Capital Advisors’ main office is at 901 Wilshire Drive, Suite 565, Troy, MI 48084-5611. Its phone number is 248-362-5009. Its website is carrera-capital-advisors.com.
