# Carmichael Creel Investments

> Carmichael Creel Investments is an SEC-registered investment advisory firm in Franklin, TN, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 4, 2026.

- CRD: 118468
- Filed as: CARMICHAEL CREEL INVESTMENTS
- Legal name: Carmichael Capital, Inc.
- Also doing business as: CARMICHAEL CREEL INVESTMENTS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Franklin, TN
- Filing period: October 2026
- Form ADV filing dated: March 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118468
- AdvisorCensus page: https://advisorcensus.com/firm/carmichael-creel-investments-franklin-tn-118468

## Quick answers

**How is Carmichael Creel Investments compensated?**
On its Form ADV (Item 5.E, October 2026), Carmichael Creel Investments reports these compensation arrangements: a percentage of assets under its management.

**Where is Carmichael Creel Investments located?**
Carmichael Creel Investments' principal office is in Franklin, TN, according to its Form ADV.

**Is Carmichael Creel Investments registered with the SEC or a state?**
Carmichael Creel Investments is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 118468.

**How much does Carmichael Creel Investments manage?**
Carmichael Creel Investments reports $126,644,840 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (100% discretionary).

**How have Carmichael Creel Investments' assets and staff changed since 2024?**
In the Form ADV data for Carmichael Creel Investments: Regulatory assets under management: $112,983,662 in the October 2024 data and $126,644,840 in the October 2026 data, up 12%. Total employees: 4 in October 2024 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carmichael Creel Investments serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (39); high net worth individuals (37).

**Which custodians does Carmichael Creel Investments use?**
Carmichael Creel Investments' 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 Carmichael Creel 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/118468

**Does Carmichael Creel Investments state an account minimum?**
Its Form ADV Part 2A brochure dated March 4, 2026 says: "CCI generally requires a minimum account size of $250,000. However, we may accept smaller accounts based on either the total client relationship or an expectation of positive cash flow to the account."

**What changed in Carmichael Creel Investments' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 1. Regulatory assets under management went from $141,877,112 to $126,644,840 (-11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 4, 2026)

- Account minimum: $250,000

> CCI generally requires a minimum account size of $250,000. However, we may accept smaller accounts based on either the total client relationship or an expectation of positive cash flow to the account.

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: $126,644,840
- Discretionary: $126,644,840
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 39 | $5,042,522 |
| High net worth individuals | 37 | $118,697,590 |
| Corporations or other businesses not listed above | Fewer than 5 | $2,904,728 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA, NJ, PA, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- carmichaelcreel.com
- Facebook @carmichaelcreel
- Instagram @carmichaelcreel
- LinkedIn @carmichael-creel

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $112,983,662 | 4 | March 22, 2024 |
| October 2025 | $141,877,112 | 4 | May 6, 2025 |
| October 2026 | $126,644,840 | 2 | March 4, 2026 |

Regulatory assets under management: $112,983,662 in the October 2024 data and $126,644,840 in the October 2026 data, up 12%.
Total employees: 4 in October 2024 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 1.
- Regulatory assets under management went from $141,877,112 to $126,644,840 (-11%).

### January 2026
- No longer registered or notice-filed in LA, MS.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carmichael Creel Investments (CRD 118468): Form ADV filing data as of October 2026.