{"url":"https://nivawealth.com/firms/carter-financial-298327","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/298327","regulatoryAum":282293248,"crd":"298327","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6405356","suffix":null,"lastName":"Hammann","firstName":"CHRISTINA","middleName":"MICHELLE"},{"crd":"6135757","suffix":null,"lastName":"QUINTERO","firstName":"HEATHER","middleName":null}],"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":"2021-03-29","regulatoryAum":212046825,"clients":193,"employees":3,"offices":1},{"filedOn":"2022-03-14","regulatoryAum":239062664,"clients":188,"employees":3,"offices":1},{"filedOn":"2023-03-27","regulatoryAum":190514241,"clients":180,"employees":3,"offices":1},{"filedOn":"2024-05-02","regulatoryAum":223227010,"clients":174,"employees":3,"offices":1},{"filedOn":"2025-03-24","regulatoryAum":251870483,"clients":160,"employees":3,"offices":1},{"filedOn":"2026-07-08","regulatoryAum":282293248,"clients":177,"employees":3,"offices":1}],"secFileNumber":"801-117265","legalName":"Carter Financial, LLC","displayName":"Carter Financial","slug":"carter-financial-298327","website":"https://carterfinancialllc.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/298327/95a26a628e64e347-r1.webp","tone":"light","width":669,"height":200,"sourceUrl":"https://carterfinancialllc.com/","sourceLabel":"Carter Financial, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2018","organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"4225 Executive Square, Suite 1030","city":"La Jolla","state":"CA","stateName":"California","country":"United States","postalCode":"92037"},"tradeNames":[],"registration":{"secApproved":"29 August 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1587327.8531073446,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":282293248,"discretionary":282293248,"discretionaryAccounts":489,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":71,"regulatoryAum":14382208},{"label":"High-net-worth individuals","clients":106,"regulatoryAum":266574822},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":1336218}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051159","versionId":1051159,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-07-08","documentName":"FORM ADV PART 2A - FIRM BROCHURE","fee_rate_low":null,"fee_rate_high":1.2,"fee_negotiable":true,"minimum_account":500000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"Financial planning is billed hourly at up to $350 an hour, or as a flat fee from $1,500 to $5,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051159","versionId":1051159,"submittedOn":"2026-07-08","documentName":"FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:32:02.82408+00:00","documents":[{"name":"FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051159","versionId":1051159,"submittedOn":"2026-07-08"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Omaha, NE","smaAssets":282293248}],"custodyNote":"Carter Financial has custody of $166M in client assets for 129 clients.","leadership":[{"name":"Christina Hammann","title":"Chief Compliance Officer","crd":"6405356"}],"ownership":[{"label":"Christina Hammann","detail":"Chief compliance officer in the 75% or more ownership band and a control person, since August 2019."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"4225 Executive Square, Suite 1030","city":"La Jolla","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","philanthropic planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"858-678-0579","stateRegisteredReps":3,"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"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":44},{"label":"Securities issued by registered investment companies or business development companies","percent":55},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"8 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/298327/PDF/298327.pdf","brochureDate":"8 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051159","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 Carter Financial have?","answer":"Carter Financial has 177 clients and manages $282 million for them, as of July 2026. They include 106 high-net-worth individuals and 71 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 8 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Carter Financial offer?","answer":"Carter Financial provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, 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 Carter Financial charge?","answer":"Carter Financial charges up to 1.20% a year for its Asset Management. The fee is billed in arrears, is negotiable and requires an account of at least $500,000.","source":"FORM ADV PART 2A - FIRM BROCHURE, filed 8 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Carter Financial use?","answer":"Carter Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $282M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Carter Financial have?","answer":"Carter Financial has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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 Carter Financial invest in?","answer":"At the end of its last fiscal year, Carter Financial’s separately managed accounts held 55% registered funds (mutual funds, ETFs, BDCs), 44% exchange-traded equities 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":"Does Carter Financial have a minimum investment?","answer":"Yes, Carter Financial’s minimum account size for its Asset Management is $500K.","source":"FORM ADV PART 2A - FIRM BROCHURE, filed 8 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Carter Financial?","answer":"Carter Financial’s direct owner is Christina Hammann (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 8 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Carter Financial get paid?","answer":"Carter Financial 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 Carter Financial registered with the SEC?","answer":"Yes, Carter Financial has been registered with the SEC as an investment adviser since 29 August 2019. Its CRD number is 298327 and its SEC file number is 801-117265.","source":"Form ADV Part 1A, Item 1, filed 8 July 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Carter Financial?","answer":"Carter Financial’s main office is at 4225 Executive Square, Suite 1030, La Jolla, CA 92037. Its phone number is 858-678-0579. Its website is carterfinancialllc.com.","source":"Form ADV Part 1A, Item 1.F, filed 8 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/carter-financial-298327/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-13","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2115533/000117266126003410/0001172661-26-003410-index.html","totalValue":133359905,"positionCount":33,"top10Share":0.9078271988871018,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"GROWTH ETF","cusip":"922908736","value":33233611,"shares":385809,"shareType":"SH","priorValue":28205216,"priorShares":64574},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK MKT","cusip":"922908769","value":27639805,"shares":74694,"shareType":"SH","priorValue":24667111,"priorShares":76890},{"issuer":"CAPITAL GROUP DIVIDEND VALUE","titleOfClass":"SHS CREAT 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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."}