# Carbahal Olsen Financial Services Group LLC

> Carbahal Olsen Financial Services Group LLC is an SEC-registered investment advisory firm in Davis, CA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 151765
- Filed as: CARBAHAL OLSEN FINANCIAL SERVICES GROUP LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Davis, CA
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151765
- AdvisorCensus page: https://advisorcensus.com/firm/carbahal-olsen-financial-services-group-llc-davis-ca-151765

## Quick answers

**How is Carbahal Olsen Financial Services Group LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Carbahal Olsen Financial Services Group LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Carbahal Olsen Financial Services Group LLC located?**
Carbahal Olsen Financial Services Group LLC's principal office is in Davis, CA, according to its Form ADV.

**Is Carbahal Olsen Financial Services Group LLC registered with the SEC or a state?**
Carbahal Olsen Financial Services Group LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 151765.

**How much does Carbahal Olsen Financial Services Group LLC manage?**
Carbahal Olsen Financial Services Group LLC reports $257,597,197 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (94% discretionary).

**How have Carbahal Olsen Financial Services Group LLC's assets and staff changed since 2021?**
In the Form ADV data for Carbahal Olsen Financial Services Group LLC: Regulatory assets under management: $133,078,463 in the October 2021 data and $257,597,197 in the October 2026 data, up 94%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carbahal Olsen Financial Services Group LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (188); high net worth individuals (49); pension and profit sharing plans (but not the plan participants or government pension plans) (7).

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

**Does Carbahal Olsen Financial Services Group LLC 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/151765

**Does Carbahal Olsen Financial Services Group LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 17, 2026 says: "The minimum investment to open a new account is $50,000, although the Chief Investment Officer may waive this requirement at his discretion."

**What changed in Carbahal Olsen Financial Services Group LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $212,823,161 to $257,597,197 (+21%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 17, 2026)

- Account minimum: $50,000 (the brochure says it may be waived or negotiated)

> The minimum investment to open a new account is $50,000, although the Chief Investment Officer may waive this requirement at his discretion.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage 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: $257,597,197
- Discretionary: $241,824,514
- Non-discretionary: $15,772,683

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 188 | $75,398,339 |
| High net worth individuals | 49 | $174,868,971 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | $7,329,887 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 3 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, LA, NH
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- carbahalolsen.com
- LinkedIn @carbahal-olsen-financial-services

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $133,078,463 | 4 | March 16, 2021 |
| October 2022 | $157,980,036 | 5 | April 25, 2022 |
| October 2023 | $152,866,671 | 5 | March 16, 2023 |
| October 2024 | $180,195,299 | 4 | March 15, 2024 |
| October 2025 | $212,823,161 | 3 | May 13, 2025 |
| October 2026 | $257,597,197 | 3 | March 17, 2026 |

Regulatory assets under management: $133,078,463 in the October 2021 data and $257,597,197 in the October 2026 data, up 94%.
Total employees: 4 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $212,823,161 to $257,597,197 (+21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carbahal Olsen Financial Services Group LLC (CRD 151765): Form ADV filing data as of October 2026.