AdvisorCensus / Financial advisors / New Hampshire / Carlson Investments
Carlson Investments
Filed as CARLSON INVESTMENTS · Legal name DL Carlson Investment Group Inc.
Carlson Investments is an SEC-registered investment advisory firm in Concord, NH, registered since 1989, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 25, 2026.
Quick answers
From the filingHow is Carlson Investments compensated?
On its Form ADV (Item 5.E, October 2026), Carlson Investments reports these compensation arrangements: a percentage of assets under its management.
Where is Carlson Investments located?
Carlson Investments' principal office is in Concord, NH, according to its Form ADV.
Is Carlson Investments registered with the SEC or a state?
Carlson Investments is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 105729.
How much does Carlson Investments manage?
Carlson Investments reports $735,526,470 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (100% discretionary).
How have Carlson Investments' assets and staff changed since 2021?
In the Form ADV data for Carlson Investments: Regulatory assets under management: $738,348,177 in the October 2021 data and $735,526,470 in the October 2026 data, unchanged. Total employees: 12 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Carlson Investments serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (243); high net worth individuals (107); pension and profit sharing plans (but not the plan participants or government pension plans) (4).
Which custodians does Carlson Investments use?
Carlson Investments' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Commerce Bank as custodians holding 10% or more of its separately managed account assets.
Does Carlson Investments 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/105729
Does Carlson Investments state an account minimum?
Its Form ADV Part 2A brochure dated August 25, 2026 says: "D.L. Carlson Investment Group, Inc. generally suggests that the minimum size of an advisory account should be $250,000. However, certain accounts, which can reasonably be expected to exceed $250,000 within a relatively short time, are accepted."
What changed in Carlson Investments' recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 6 to 8.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $250,000
The brochure's wording
D.L. Carlson Investment Group, Inc. generally suggests that the minimum size of an advisory account should be $250,000. However, certain accounts, which can reasonably be expected to exceed $250,000 within a relatively short time, are accepted.
As stated in the firm's Form ADV Part 2A brochure dated August 25, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$735,526,470 as of October 2026, filing dated August 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
Registration and firm details
Items 1, 2, 5- Legal name
- DL Carlson Investment Group Inc.
- Also doing business as
- CARLSON INVESTMENTS
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1989 (37 years)
- Employees
- Total: 14. Performing investment advisory functions: 8.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
13 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $735,526,470 | 14 | August 25, 2026 |
| October 2025 | $694,630,096 | 12 | June 11, 2025 |
| October 2024 | $634,897,677 | 14 | September 5, 2024 |
| October 2023 | $656,590,464 | 13 | August 29, 2023 |
| October 2022 | $825,042,553 | 13 | June 28, 2022 |
| October 2021 | $738,348,177 | 12 | March 29, 2021 |
Regulatory assets under management: $738,348,177 in the October 2021 data and $735,526,470 in the October 2026 data, unchanged.
Total employees: 12 in October 2021 and 14 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 6 to 8.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Carlson Investments (CRD 105729): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/carlson-investments-concord-nh-105729