# Adell Harriman & Carpenter

> Adell Harriman & Carpenter is an SEC-registered investment advisory firm in Houston, TX, registered since 1995, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 27, 2026.

- CRD: 107488
- Filed as: ADELL HARRIMAN & CARPENTER
- Legal name: Adell Harriman & Carpenter Inc
- Also doing business as: ADELL, HARRIMAN & CARPENTER, INC. INVESTMENTS & FINANCIAL ADVISORY, AHC INVESTMENTS & FINANCIAL ADVISORY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: August 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107488
- AdvisorCensus page: https://advisorcensus.com/firm/adell-harriman-and-carpenter-houston-tx-107488

## Quick answers

**How is Adell Harriman & Carpenter compensated?**
On its Form ADV (Item 5.E, October 2026), Adell Harriman & Carpenter reports these compensation arrangements: a percentage of assets under its management.

**How much does Adell Harriman & Carpenter charge?**
Its Form ADV Part 2A brochure dated August 27, 2026 states: Up to $2,000,000: 1% a year; $2,000,000 to $4,000,000: 0.85% a year; $4,000,000 to $6,000,000: 0.75% a year; $6,000,000 to $15,000,000: 0.5% a year; Above $15,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Adell Harriman & Carpenter located?**
Adell Harriman & Carpenter's principal office is in Houston, TX, according to its Form ADV.

**Is Adell Harriman & Carpenter registered with the SEC or a state?**
Adell Harriman & Carpenter is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 107488.

**How much does Adell Harriman & Carpenter manage?**
Adell Harriman & Carpenter reports $2,087,058,406 in regulatory assets under management in its Form ADV filing dated August 27, 2026 (100% discretionary).

**How have Adell Harriman & Carpenter's assets and staff changed since 2021?**
In the Form ADV data for Adell Harriman & Carpenter: Regulatory assets under management: $1,032,403,916 in the October 2021 data and $2,087,058,406 in the October 2026 data, up 102%. Total employees: 11 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Adell Harriman & Carpenter serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (524); individuals (other than high net worth individuals) (240); corporations or other businesses not listed above (24).

**Which custodians does Adell Harriman & Carpenter use?**
Adell Harriman & Carpenter's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Adell Harriman & Carpenter report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107488

**Does Adell Harriman & Carpenter state an account minimum?**
Its Form ADV Part 2A brochure dated August 27, 2026 says: "AHC’s minimum account size is generally $1,000,000; however, this amount is negotiable."

**What changed in Adell Harriman & Carpenter's recent Form ADV filings?**
In the April 2026 filing data: Added the business name Adell, Harriman & Carpenter, Inc. Investments & Financial Advisory. Added the business name AHC Investments & Financial Advisory. Regulatory assets under management went from $1,756,064,467 to $2,087,058,406 (+19%). Registered or notice-filed in AZ, MO, NH, NY, WA. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated August 27, 2026)

- Up to $2,000,000: 1% a year
- $2,000,000 to $4,000,000: 0.85% a year
- $4,000,000 to $6,000,000: 0.75% a year
- $6,000,000 to $15,000,000: 0.5% a year
- Above $15,000,000: see the brochure

> AHC charges most of its clients an annual investment management fee based on the following schedule: Assets under management Annual Fee First $2 Million 1.00% Amounts in excess of $2 Million and up to $4 Million 0.85% Amounts in excess of $4 Million and up to $6 Million 0.75% Amounts in excess of $6 Million and up to $15 Million 0.50%

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> AHC’s minimum account size is generally $1,000,000; however, this amount is negotiable.

- Minimum annual fee: $2,500

> AHC imposes a minimum annual fee of $2,500, which may be waived or reduced.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $2,087,058,406
- Discretionary: $2,087,058,406
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 240 | $78,948,842 |
| High net worth individuals | 524 | $1,798,611,347 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 20 | $39,922,508 |
| Charitable organizations | 11 | $13,153,044 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 24 | $156,422,665 |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1995 (30 years)
- Employees: 13 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, GA, IL, KS, LA, MO, NC, NH, NM, NY, OH, OK, PA, TN, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- ahcinvest.com
- LinkedIn @adell-harriman-&-carpenter-inc.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,032,403,916 | 11 | July 21, 2021 |
| October 2022 | $1,259,593,077 | 11 | March 28, 2022 |
| October 2023 | $1,096,325,075 | 10 | March 27, 2023 |
| October 2024 | $1,332,289,328 | 11 | August 20, 2024 |
| October 2025 | $1,756,064,467 | 11 | March 28, 2025 |
| October 2026 | $2,087,058,406 | 13 | August 27, 2026 |

Regulatory assets under management: $1,032,403,916 in the October 2021 data and $2,087,058,406 in the October 2026 data, up 102%.
Total employees: 11 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Added the business name Adell, Harriman & Carpenter, Inc. Investments & Financial Advisory.
- Added the business name AHC Investments & Financial Advisory.
- Regulatory assets under management went from $1,756,064,467 to $2,087,058,406 (+19%).
- Registered or notice-filed in AZ, MO, NH, NY, WA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Adell Harriman & Carpenter (CRD 107488): Form ADV filing data as of October 2026.