{"url":"https://nivawealth.com/firms/carswell-investments-158205","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/158205","regulatoryAum":322482128,"crd":"158205","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4556595","suffix":null,"lastName":"PICKARD","firstName":"STEVEN","middleName":"ROGER"}],"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":"2021-03-18","regulatoryAum":239729015,"clients":144,"employees":2,"offices":2},{"filedOn":"2022-04-28","regulatoryAum":246950449,"clients":154,"employees":2,"offices":2},{"filedOn":"2023-03-16","regulatoryAum":227637173,"clients":158,"employees":2,"offices":2},{"filedOn":"2024-03-26","regulatoryAum":260386551,"clients":162,"employees":2,"offices":2},{"filedOn":"2025-03-27","regulatoryAum":284584008,"clients":164,"employees":2,"offices":2},{"filedOn":"2026-03-24","regulatoryAum":322482128,"clients":175,"employees":2,"offices":2}],"secFileNumber":"801-72455","legalName":"Carswell Investments, LLC","displayName":"Carswell Investments","slug":"carswell-investments-158205","website":"https://carswellinvestments.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/carswell-investments-llc","founded":"2011","organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"6320 Fly Road, Suite 205","city":"East Syracuse","state":"NY","stateName":"New York","country":"United States","postalCode":"13057"},"tradeNames":[],"registration":{"secApproved":"15 June 2011","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1704030.9649122807,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":322482128,"discretionary":322482128,"discretionaryAccounts":587,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":133,"regulatoryAum":69337241},{"label":"High-net-worth individuals","clients":38,"regulatoryAum":222052054},{"label":"Charitable organizations","clients":2,"regulatoryAum":27361241},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":3731592}],"feePrograms":[{"role":"main","program":"Wealth Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024273","versionId":1024273,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-24","documentName":"CARSWELL INVESTMENTS, LLC FORM ADV PART 2A & B - MARCH 24, 2026","fee_rate_low":0.6,"fee_rate_high":0.95,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T09:39:32.696465+00:00","documents":[{"name":"CARSWELL INVESTMENTS, LLC FORM ADV PART 2A & B - MARCH 24, 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024273","versionId":1024273,"submittedOn":"2026-03-24"}]},"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":217446774}],"custodyNote":"Carswell Investments does not have custody of client assets.","leadership":[{"name":"Steven Pickard","title":"Managing Member, President, Chief Compliance Officer","crd":"4556595"}],"ownership":[{"label":"Steven Pickard","detail":"Managing member, president, chief compliance officer in the 75% or more ownership band and a control person, since May 2011."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"6320 Fly Road, Suite 205","city":"East Syracuse","headquarters":true}]},{"state":"South Carolina","offices":1,"addresses":[{"street":"245 Seven Farms Drive, Suite 300a","city":"Daniel Island"}]}],"brochureServices":["estate planning","philanthropic planning","retirement plan services","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"800-510-6693","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"26-50","assetMix":[{"label":"U.S. state and local bonds","percent":19},{"label":"Securities issued by registered investment companies or business development companies","percent":80},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"24 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/158205/PDF/158205.pdf","brochureDate":"24 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024273","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 Carswell Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Carswell Investments offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Carswell Investments charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Carswell Investments use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Carswell Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Carswell Investments invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Carswell Investments?","answer":"Carswell Investments’ direct owner is Steven Pickard (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Carswell Investments get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Carswell Investments registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Carswell Investments?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 24 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."}