{
  "crd_number": 134174,
  "slug": "capital-trust-advisors-san-rafael-ca-134174",
  "primary_business_name": "CAPITAL TRUST ADVISORS",
  "legal_name": "GOLDBERG ADVISERS, LLC",
  "dbas": [
    "CAPITAL TRUST ADVISORS",
    "PALADIN INVESTMENT ADVISORS"
  ],
  "city": "San Rafael",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-07-13",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-04-07",
  "carried_forward": false,
  "raum_total": 402600006.0,
  "raum_discretionary": 402600006.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 48714601.0,
      "count": 119
    },
    "high_net_worth_individuals": {
      "raum": 353885405.0,
      "count": 112
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NH",
    "NV",
    "NY",
    "TX",
    "WA"
  ],
  "websites": [
    "https://capitaltrustadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/134174",
  "city_as_filed": "SAN RAFAEL",
  "url": "https://advisorcensus.com/firm/capital-trust-advisors-san-rafael-ca-134174",
  "display_name": "Capital Trust Advisors",
  "summary": "Capital Trust Advisors is an SEC-registered investment advisory firm in San Rafael, CA, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 7, 2026.",
  "citation": "AdvisorCensus. Capital Trust Advisors (CRD 134174): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Capital Trust Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Capital Trust Advisors reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Capital Trust Advisors charge?",
      "a": "Its Form ADV Part 2A brochure dated April 7, 2026 states: Up to $500,000: 1.5% a year; $500,000 to $2,000,000: 1.2% a year; $2,000,000 to $5,000,000: 1% a year; Above $5,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Capital Trust Advisors located?",
      "a": "Capital Trust Advisors' principal office is in San Rafael, CA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Capital Trust Advisors registered with the SEC or a state?",
      "a": "Capital Trust Advisors is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 134174."
    },
    {
      "q": "How much does Capital Trust Advisors manage?",
      "a": "Capital Trust Advisors reports $402,600,006 in regulatory assets under management in its Form ADV filing dated April 7, 2026 (100% discretionary)."
    },
    {
      "q": "How have Capital Trust Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Capital Trust Advisors: Regulatory assets under management: $240,710,391 in the October 2021 data and $402,600,006 in the October 2026 data, up 67%. Total employees: 3 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Capital Trust Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (119); high net worth individuals (112)."
    },
    {
      "q": "Which custodians does Capital Trust Advisors use?",
      "a": "Capital Trust Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Capital Trust Advisors report any disciplinary disclosures?",
      "a": "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/134174"
    },
    {
      "q": "Does Capital Trust Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 7, 2026 says: \"Generally, our minimum account size is $500,000 for individual clients although this may be waived based on other considerations such as the account’s relationship to existing clients and other factors.\""
    },
    {
      "q": "What changed in Capital Trust Advisors' recent Form ADV filings?",
      "a": "In the May 2026 filing data: Employees performing advisory functions went from 4 to 3. Regulatory assets under management went from $356,754,529 to $402,600,006 (+13%). Registered or notice-filed in NH."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 240710391.0,
      "total_employees": 3,
      "filing_date": "2021-07-09"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 290987632.0,
      "total_employees": 3,
      "filing_date": "2022-09-16"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 251703079.0,
      "total_employees": 2,
      "filing_date": "2023-06-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 330041010.0,
      "total_employees": 4,
      "filing_date": "2024-03-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 356754529.0,
      "total_employees": 4,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 402600006.0,
      "total_employees": 4,
      "filing_date": "2026-04-07"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 3.",
        "Regulatory assets under management went from $356,754,529 to $402,600,006 (+13%).",
        "Registered or notice-filed in NH."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Registered or notice-filed in NV."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 7, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $500,000",
        "rate": "1.5%"
      },
      {
        "band": "$500,000 to $2,000,000",
        "rate": "1.2%"
      },
      {
        "band": "$2,000,000 to $5,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $5,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $500,000: 1.5% a year",
          "$500,000 to $2,000,000: 1.2% a year",
          "$2,000,000 to $5,000,000: 1% a year",
          "Above $5,000,000: see the brochure"
        ],
        "quotes": [
          "CTA is typically compensated for its investment advisory services by charging you a management fee based on the market value of your assets under our management according to the fee schedule set forth below:\nAssets under Management Annual Fee\nFirst $500,000 1.50%\n$500,000 - $2,000,000 1.20%\n$2,000,000 - $5,000,000 1.00%\nOver $5,000,000 Negotiable"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Generally, our minimum account size is $500,000 for individual clients although this may be waived based on other considerations such as the account’s relationship to existing clients and other factors."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 500000.0,
          "rate_pct": 1.5
        },
        {
          "min": 500000.0,
          "max": 2000000.0,
          "rate_pct": 1.2
        },
        {
          "min": 2000000.0,
          "max": 5000000.0,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "CTA is typically compensated for its investment advisory services by charging you a management fee based on the market value of your assets under our management according to the fee schedule set forth below:\nAssets under Management Annual Fee\nFirst $500,000 1.50%\n$500,000 - $2,000,000 1.20%\n$2,000,000 - $5,000,000 1.00%\nOver $5,000,000 Negotiable",
      "Generally, our minimum account size is $500,000 for individual clients although this may be waived based on other considerations such as the account’s relationship to existing clients and other factors."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/capital-trust-advisors-san-rafael-ca-134174.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 119,
      "fewer_than_5": false,
      "raum": 48714601.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 112,
      "fewer_than_5": false,
      "raum": 353885405.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/134174",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}