AdvisorCensus / Financial advisors / California / San Diego / Carmel Capital Partners, LLC
Carmel Capital Partners, LLC is an SEC-registered investment advisory firm in San Diego, CA, registered since 2005, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.
Quick answers
From the filingHow is Carmel Capital Partners, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Carmel Capital Partners, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Carmel Capital Partners, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 0.6% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Carmel Capital Partners, LLC located?
Carmel Capital Partners, LLC's principal office is in San Diego, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Carmel Capital Partners, LLC registered with the SEC or a state?
Carmel Capital Partners, LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 123907.
How much does Carmel Capital Partners, LLC manage?
Carmel Capital Partners, LLC reports $434,260,039 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (99% discretionary).
How have Carmel Capital Partners, LLC's assets and staff changed since 2021?
In the Form ADV data for Carmel Capital Partners, LLC: Regulatory assets under management: $246,055,141 in the October 2021 data and $434,260,039 in the October 2026 data, up 76%. Total employees: 3 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Carmel Capital Partners, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (153); high net worth individuals (94); pension and profit sharing plans (but not the plan participants or government pension plans) (8).
Which custodians does Carmel Capital Partners, LLC use?
Carmel Capital Partners, 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 Carmel Capital Partners, 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/123907
Does Carmel Capital Partners, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 27, 2026 says: "We generally require a minimum account size of $500,000 for separately managed accounts. We may waive this requirement in our discretion if, for example, you appear to have significant potential for increasing assets under our management."
What changed in Carmel Capital Partners, LLC's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 7 to 5. Regulatory assets under management went from $380,311,309 to $434,260,039 (+14%). Updated its list of owners and control persons (Schedule A).
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 2AAsset-based fee: 0.6% to 1.5% a year (a range, as the brochure states it)
The brochure's wording
We charge an annualized fee ranging between 0.60% and 1.50% of the value of your assets under management. The fee is determined based on the type and complexity of the client’s account.
Account minimum: $500,000 (the brochure says it may be waived or negotiated)
The brochure's wording
We generally require a minimum account size of $500,000 for separately managed accounts. We may waive this requirement in our discretion if, for example, you appear to have significant potential for increasing assets under our management.
As stated in the firm's Form ADV Part 2A brochure dated March 27, 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$434,260,039 as of October 2026, filing dated March 27, 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- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2005 (21 years)
- Employees
- Total: 9. Performing investment advisory functions: 5.
- 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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the April 2026 filing
- States registered or notice-filed
-
7 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 | $434,260,039 | 9 | March 27, 2026 |
| October 2025 | $380,311,309 | 8 | March 29, 2025 |
| October 2024 | $333,256,985 | 10 | September 16, 2024 |
| October 2023 | $371,288,190 | 5 | September 21, 2023 |
| October 2022 | $386,413,000 | 5 | August 25, 2022 |
| October 2021 | $246,055,141 | 3 | March 23, 2021 |
Regulatory assets under management: $246,055,141 in the October 2021 data and $434,260,039 in the October 2026 data, up 76%.
Total employees: 3 in October 2021 and 9 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 7 to 5.
- Regulatory assets under management went from $380,311,309 to $434,260,039 (+14%).
- Updated its list of owners and control persons (Schedule A).
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. Carmel Capital Partners, LLC (CRD 123907): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/carmel-capital-partners-llc-san-diego-ca-123907