{
  "crd_number": 295907,
  "slug": "carlson-financial-topeka-ks-295907",
  "primary_business_name": "CARLSON FINANCIAL",
  "legal_name": "CARLSON & COMPANY FINANCIAL SERVICES, LLC",
  "dbas": [],
  "city": "Topeka",
  "state": "KS",
  "country": "United States",
  "cbsa_code": "45820",
  "metro": {
    "cbsa_code": "45820",
    "common_name": "Topeka",
    "msa_name": "Topeka, KS",
    "path": "/advisors/ks/topeka"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-07-12",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 632192164.0,
  "raum_discretionary": 632192164.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 29,
  "advisory_employees": 10,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 366671455.0,
      "count": 924
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 265520709.0,
      "count": 173
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CO",
    "KS",
    "TX",
    "VA"
  ],
  "websites": [
    "https://carlsonfinancial.com",
    "https://carlsonoffers.com",
    "https://facebook.com/CARLSONFINANCIAL",
    "https://linkedin.com/COMPANY/CARLSON-FINANCIAL",
    "https://yelp.com/biz/carlson-financial",
    "https://youtube.com/c/Carlsonandcompanyfs1"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/295907",
  "city_as_filed": "TOPEKA",
  "url": "https://advisorcensus.com/firm/carlson-financial-topeka-ks-295907",
  "display_name": "Carlson Financial",
  "summary": "Carlson Financial is an SEC-registered investment advisory firm in Topeka, KS, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Carlson Financial (CRD 295907): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Carlson Financial compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Carlson Financial reports these compensation arrangements: a percentage of assets under its management; other."
    },
    {
      "q": "What does Carlson Financial's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 3% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Carlson Financial located?",
      "a": "Carlson Financial's principal office is in Topeka, KS, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Carlson Financial registered with the SEC or a state?",
      "a": "Carlson Financial is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 295907."
    },
    {
      "q": "How much does Carlson Financial manage?",
      "a": "Carlson Financial reports $632,192,164 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Carlson Financial's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Carlson Financial: Regulatory assets under management: $271,947,924 in the October 2021 data and $632,192,164 in the October 2026 data, up 132%. Total employees: 22 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Carlson Financial serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (924); high net worth individuals (173)."
    },
    {
      "q": "Which custodians does Carlson Financial use?",
      "a": "Carlson Financial's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Distributors Company LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Carlson Financial 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/295907"
    },
    {
      "q": "Does Carlson Financial state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"Clients are typically required to have a minimum household balance of $250,000 per account to have assets managed by Carlson Financial.\" \"Household minimums may be waived at the Firm’s discretion.\""
    },
    {
      "q": "What changed in Carlson Financial's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $546,695,880 to $632,192,164 (+16%). Employees performing advisory functions went from 14 to 10."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 271947924.0,
      "total_employees": 22,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 364265980.0,
      "total_employees": 29,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 342403578.0,
      "total_employees": 27,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 508574924.0,
      "total_employees": 27,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 546695880.0,
      "total_employees": 27,
      "filing_date": "2025-04-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 632192164.0,
      "total_employees": 29,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $546,695,880 to $632,192,164 (+16%).",
        "Employees performing advisory functions went from 14 to 10."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "3% of assets a year",
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 3% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "The Advisory Fees paid by a client will not exceed 3.00% per annum.",
          "In certain circumstances, the Firm may assess a flat, annual fee for advisory services that will not exceed $250,000 for ultra, high-net-worth clients if requested."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Clients are typically required to have a minimum household balance of $250,000 per account to have assets managed by Carlson Financial.",
          "Household minimums may be waived at the Firm’s discretion."
        ]
      }
    ],
    "quotes": [
      "The Advisory Fees paid by a client will not exceed 3.00% per annum.",
      "In certain circumstances, the Firm may assess a flat, annual fee for advisory services that will not exceed $250,000 for ultra, high-net-worth clients if requested.",
      "Clients are typically required to have a minimum household balance of $250,000 per account to have assets managed by Carlson Financial.",
      "Household minimums may be waived at the Firm’s discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Distributors Company LLC",
      "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC",
      "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/carlson-financial-topeka-ks-295907.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 924,
      "fewer_than_5": false,
      "raum": 366671455.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 173,
      "fewer_than_5": false,
      "raum": 265520709.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/295907",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}