Carswell Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, estate planning, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 26–50 clients last fiscal year.
Carswell Investments reports 175 clients. They include 133 individual clients, 38 high-net-worth individuals and 2 charitable organizations. Of its assets, 100.0% ($322M across 587 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 76% | 22% |
| High-net-worth individuals | 22% | 69% |
| Charitable organizations | 1% | 8% |
| Corporations and other businesses | 1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 133 | $69.3M | 21.5% | $521K |
| High-net-worth individuals | 38 | $222M | 68.9% | $5.84M |
| Charitable organizations | 2 | $27.4M | 8.5% | $13.7M |
| Corporations and other businesses | 2 | $3.73M | 1.2% | $1.87M |
| Total | 175 | $322M | 100% | $1.84M |
- Clients
- 133
- Regulatory AUM
- $69.3M
- AUM share
- 21.5%
- Avg. per client
- $521K
- Clients
- 38
- Regulatory AUM
- $222M
- AUM share
- 68.9%
- Avg. per client
- $5.84M
- Clients
- 2
- Regulatory AUM
- $27.4M
- AUM share
- 8.5%
- Avg. per client
- $13.7M
- Clients
- 2
- Regulatory AUM
- $3.73M
- AUM share
- 1.2%
- Avg. per client
- $1.87M
Total
- Clients
- 175
- Regulatory AUM
- $322M
- AUM share
- 100%
- Avg. per client
- $1.84M
- 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
- 26–50
Carswell Investments charges 0.60%–0.95% a year for its Wealth Management. The fee is billed in advance and is negotiable.
Fee details and sources
Steven Pickard owns 75% or more of Carswell Investments. The leadership team of Carswell Investments includes President Steven Pickard. It has 2 employees.
Leadership
- Steven PickardManaging Member, President, Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Steven Roger Pickard
Staff
- 2 employees
- 2 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Carswell Investments, LLC
Steven Pickard
Control person · since May 2011
Carswell Investments’ regulatory assets grew from $240M (March 2021) to $322M (March 2026); clients rose from 144 to 175 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $322M | 175 | 2 | 2 |
| March 2025 | $285M | 164 | 2 | 2 |
| March 2024 | $260M | 162 | 2 | 2 |
| March 2023 | $228M | 158 | 2 | 2 |
| April 2022 | $247M | 154 | 2 | 2 |
| March 2021 | $240M | 144 | 2 | 2 |
Besides its headquarters, Carswell Investments has 1 office, with 2 listed addresses in New York and South Carolina.
New York · 1 listed address
- 6320 Fly Road, Suite 205, East SyracuseHQ
South Carolina · 1 listed address
- 245 Seven Farms Drive, Suite 300a, Daniel Island
Contact and registration details
- Legal name
- Carswell Investments, LLC
- Headquarters
- 6320 Fly Road, Suite 205, East Syracuse, NY 13057
- Website
- carswellinvestments.com
- Phone
- 800-510-6693
- @carswell-investments-llc
- SEC file
- 801-72455
- Founded
- 2011
- Structure
- Delaware LLC
- Fiscal year end
- December
Carswell Investments uses Fidelity ($217M) as custodian for its separately managed accounts. Carswell Investments does not have custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $217M100%
At year end, Carswell Investments’ separately managed accounts were mostly in funds (80%) and bonds (19%).
What the accounts hold
- Funds80%
- Bonds19%
- Cash1%
How many clients does Carswell Investments have?
Carswell Investments has 175 clients and manages $322 million for them, as of March 2026. They include 133 individual clients, 38 high-net-worth individuals and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Carswell Investments offer?
Carswell Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, estate planning, philanthropic planning, retirement plan services, 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 Carswell Investments charge?
Carswell Investments charges 0.60%–0.95% a year for its Wealth Management. The fee is billed in advance and is negotiable.
Source: CARSWELL INVESTMENTS, LLC FORM ADV PART 2A & B - MARCH 24, 2026, filed 24 March 2026
Which custodians does Carswell Investments use?
Carswell Investments’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $217M. 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 March 2026
How many financial advisors does Carswell Investments have?
Carswell Investments has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 2 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 Carswell Investments invest in?
At the end of its last fiscal year, Carswell Investments’ separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 19% 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 Carswell Investments?
Carswell Investments’ direct owner is Steven Pickard (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Carswell Investments get paid?
Carswell Investments is paid through a percentage of assets under management 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
Is Carswell Investments registered with the SEC?
Yes, Carswell Investments has been registered with the SEC as an investment adviser since 15 June 2011. Its CRD number is 158205 and its SEC file number is 801-72455.
Source: Form ADV Part 1A, Item 1, filed 24 March 2026; IAPD firm record
How do I contact Carswell Investments?
Carswell Investments’ main office is at 6320 Fly Road, Suite 205, East Syracuse, NY 13057. Its phone number is 800-510-6693. Its website is carswellinvestments.com.