# Carmandalian Financial Group, LLC

> Carmandalian Financial Group, LLC is an SEC-registered investment advisory firm in Westlake Village, CA, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 1, 2026.

- CRD: 292458
- Filed as: CARMANDALIAN FINANCIAL GROUP, LLC
- Also doing business as: CFG WEALTH
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westlake Village, CA
- Filing period: October 2026
- Form ADV filing dated: April 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/292458
- AdvisorCensus page: https://advisorcensus.com/firm/carmandalian-financial-group-llc-westlake-village-ca-292458

## Quick answers

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

**How much does Carmandalian Financial Group, LLC charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: up to 1.75% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Carmandalian Financial Group, LLC located?**
Carmandalian Financial Group, LLC's principal office is in Westlake Village, CA, according to its Form ADV.

**Is Carmandalian Financial Group, LLC registered with the SEC or a state?**
Carmandalian Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 292458.

**How much does Carmandalian Financial Group, LLC manage?**
Carmandalian Financial Group, LLC reports $150,837,636 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (84% discretionary).

**How have Carmandalian Financial Group, LLC's assets and staff changed since 2022?**
In the Form ADV data for Carmandalian Financial Group, LLC: Regulatory assets under management: $130,805,915 in the October 2022 data and $150,837,636 in the October 2026 data, up 15%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carmandalian Financial Group, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (61); high net worth individuals (25).

**Which custodians does Carmandalian Financial Group, LLC use?**
Carmandalian Financial Group, LLC's 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 Carmandalian Financial 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/292458

**What changed in Carmandalian Financial Group, LLC's recent Form ADV filings?**
In the May 2026 filing data: Registered or notice-filed in AZ.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: up to 1.75% of assets a year (the maximum the brochure states)

> The maximum annual fee charged for this service will not exceed 1.75%. Fees to be assessed will be outlined in the advisory agreement to be signed by the Client.

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: $150,837,636
- Discretionary: $126,734,554
- Non-discretionary: $24,103,082

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 61 | $18,021,990 |
| High net worth individuals | 25 | $130,781,288 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $504,231 |
| Charitable organizations | Fewer than 5 | $387,698 |
| Corporations or other businesses not listed above | Fewer than 5 | $33,543 |
| Other | Fewer than 5 | $1,108,886 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [cfgclientwealth.com](https://cfgclientwealth.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $130,805,915 | 2 | March 28, 2022 |
| October 2023 | $123,428,399 | 2 | March 10, 2023 |
| October 2024 | $113,536,684 | 2 | September 25, 2024 |
| October 2025 | $129,648,313 | 2 | April 2, 2025 |
| October 2026 | $150,837,636 | 2 | April 1, 2026 |

Regulatory assets under management: $130,805,915 in the October 2022 data and $150,837,636 in the October 2026 data, up 15%.
Total employees: 2 in October 2022 and 2 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Registered or notice-filed in AZ.

### April 2026
- Regulatory assets under management went from $129,648,313 to $150,837,636 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carmandalian Financial Group, LLC (CRD 292458): Form ADV filing data as of October 2026.