# Capital Trust Advisors

> 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.

- CRD: 134174
- Filed as: CAPITAL TRUST ADVISORS
- Legal name: Goldberg Advisers, LLC
- Also doing business as: CAPITAL TRUST ADVISORS, PALADIN INVESTMENT ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Rafael, CA
- Filing period: October 2026
- Form ADV filing dated: April 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/134174
- AdvisorCensus page: https://advisorcensus.com/firm/capital-trust-advisors-san-rafael-ca-134174

## Quick answers

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

**How much does Capital Trust Advisors charge?**
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.

**Where is Capital Trust Advisors located?**
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).

**Is Capital Trust Advisors registered with the SEC or a state?**
Capital Trust Advisors is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 134174.

**How much does Capital Trust Advisors manage?**
Capital Trust Advisors reports $402,600,006 in regulatory assets under management in its Form ADV filing dated April 7, 2026 (100% discretionary).

**How have Capital Trust Advisors' assets and staff changed since 2021?**
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.

**What types of clients does Capital Trust Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (119); high net worth individuals (112).

**Which custodians does Capital Trust Advisors use?**
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.

**Does Capital Trust Advisors 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/134174

**Does Capital Trust Advisors state an account minimum?**
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."

**What changed in Capital Trust Advisors' recent Form ADV filings?**
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.

## 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 April 7, 2026)

- 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

> 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: Assets under Management Annual Fee First $500,000 1.50% $500,000 - $2,000,000 1.20% $2,000,000 - $5,000,000 1.00% Over $5,000,000 Negotiable

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> 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.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $402,600,006
- Discretionary: $402,600,006
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 119 | $48,714,601 |
| High net worth individuals | 112 | $353,885,405 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NH, NV, NY, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- capitaltrustadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $240,710,391 | 3 | July 9, 2021 |
| October 2022 | $290,987,632 | 3 | September 16, 2022 |
| October 2023 | $251,703,079 | 2 | June 8, 2023 |
| October 2024 | $330,041,010 | 4 | March 30, 2024 |
| October 2025 | $356,754,529 | 4 | March 31, 2025 |
| October 2026 | $402,600,006 | 4 | April 7, 2026 |

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.

## Changes in the filing (last 12 months)

### May 2026
- 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.

### January 2026
- Registered or notice-filed in NV.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Trust Advisors (CRD 134174): Form ADV filing data as of October 2026.