Cascades Capital Asset Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and insurance. Financial planning was provided to 26–50 clients last fiscal year.
Cascades Capital Asset Management reports 358 clients. They include 245 individual clients, 84 high-net-worth individuals, and 15 pension and profit-sharing plans. Of its assets, 90.3% ($346M across 718 accounts) are managed with discretion; $37M across 15 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 68% | 17% |
| High-net-worth individuals | 23% | 72% |
| Pension and profit-sharing plans | 4% | 10% |
| Charitable organizations | 2% | <1% |
| Corporations and other businesses | 2% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 245 | $64.1M | 16.7% | $262K |
| High-net-worth individuals | 84 | $277M | 72.2% | $3.29M |
| Pension and profit-sharing plans | 15 | $37M | 9.7% | $2.47M |
| Charitable organizations | 6 | $1.06M | 0.3% | $177K |
| Corporations and other businesses | 8 | $4.55M | 1.2% | $568K |
| Total | 358 | $383M | 100% | $1.07M |
- Clients
- 245
- Regulatory AUM
- $64.1M
- AUM share
- 16.7%
- Avg. per client
- $262K
- Clients
- 84
- Regulatory AUM
- $277M
- AUM share
- 72.2%
- Avg. per client
- $3.29M
- Clients
- 15
- Regulatory AUM
- $37M
- AUM share
- 9.7%
- Avg. per client
- $2.47M
- Clients
- 6
- Regulatory AUM
- $1.06M
- AUM share
- 0.3%
- Avg. per client
- $177K
- Clients
- 8
- Regulatory AUM
- $4.55M
- AUM share
- 1.2%
- Avg. per client
- $568K
Total
- Clients
- 358
- Regulatory AUM
- $383M
- AUM share
- 100%
- Avg. per client
- $1.07M
- 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
Cascades Capital Asset Management charges up to 1.00% a year for its Portfolio Management Fees. The fee is negotiable.
Fee details and sources
Barry Carpenter owns 75% or more of Cascades Capital Asset Management. The leadership team of Cascades Capital Asset Management includes Chief Compliance Officer Barry Carpenter. It has 3 employees.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Cascades Capital Asset Management, LLC
Barry Carpenter
Control person · since March 2013
Cascades Capital Asset Management’s regulatory assets grew 2.0× from $191M (March 2021) to $383M (March 2026); clients rose from 283 to 358 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $383M | 358 | 3 | 2 |
| Mar 2025March 2025 | $322M | 327 | 3 | 2 |
| Mar 2024March 2024 | $268M | 332 | 3 | 2 |
| Mar 2023March 2023 | $219M | 332 | 3 | 2 |
| Jul 2022July 2022 | $215M | 311 | 3 | 2 |
| Mar 2021March 2021 | $191M | 283 | 3 | 2 |
Besides its headquarters, Cascades Capital Asset Management has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
North Carolina · 1 listed address
- 1840 Pembroke Road, Suite 1, GreensboroHQ
Contact and registration details
- Legal name
- Cascades Capital Asset Management, LLC
- Headquarters
- 1840 Pembroke Road, Suite 1, Greensboro, NC 27408
- Website
- cascadescapital.com
- Phone
- 336-404-4746
- SEC file
- 801-113166
- Founded
- 2013
- Structure
- North Carolina LLC
- Fiscal year end
- December
Cascades Capital Asset Management’s named custodian for separately managed accounts is Charles Schwab ($373M). Cascades Capital Asset Management has custody of $44.1M for 44 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $373M100%
At year end, Cascades Capital Asset Management’s separately managed accounts were mostly in funds (52%) and stocks (32%). Its reported 13F holdings for the quarter ended 30 June 2026 total $270M across 167 positions; the largest are Vanguard Dividend Appreciation ETF (11.7%), Vanguard S&P 500 ETF (10.3%) and Vanguard S&P 500 Value (5.2%).
What the accounts hold
- Stocks32%
- Funds52%
- Bonds12%
- U.S. government and agency bonds10%
- Investment grade corporate bonds2%
- Cash3%
- Other1%
- Derivatives1%
How many clients does Cascades Capital Asset Management have?
Cascades Capital Asset Management has 358 clients and manages $383 million for them, as of March 2026. They include 245 individual clients, 84 high-net-worth individuals, and 15 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Cascades Capital Asset Management offer?
Cascades Capital Asset Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and insurance.
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 Cascades Capital Asset Management charge?
Cascades Capital Asset Management charges up to 1.00% a year for its Portfolio Management Fees. The fee is negotiable.
Source: CASCADES CAPITAL ASSET MANAGEMENT, LLC, filed 26 March 2026
Which custodians does Cascades Capital Asset Management use?
Cascades Capital Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $373M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Cascades Capital Asset Management have?
Cascades Capital Asset Management 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
What does Cascades Capital Asset Management invest in?
At the end of its last fiscal year, Cascades Capital Asset Management’s separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 32% exchange-traded equities, 10% U.S. government and agency bonds, 3% cash and equivalents, 2% investment grade corporate bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cascades Capital Asset Management?
Cascades Capital Asset Management’s direct owner is Barry Carpenter (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Cascades Capital Asset Management get paid?
Cascades Capital Asset Management 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
How do I contact Cascades Capital Asset Management?
Cascades Capital Asset Management’s main office is at 1840 Pembroke Road, Suite 1, Greensboro, NC 27408. Its phone number is 336-404-4746. Its website is cascadescapital.com.