# Carolina Wealth Advisors

> Carolina Wealth Advisors is an SEC-registered investment advisory firm in Myrtle Beach, SC, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 288837
- Filed as: CAROLINA WEALTH ADVISORS
- Legal name: Carolina Wealth Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Myrtle Beach, SC
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288837
- AdvisorCensus page: https://advisorcensus.com/firm/carolina-wealth-advisors-myrtle-beach-sc-288837

## Quick answers

**How is Carolina Wealth Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Carolina Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does Carolina Wealth Advisors charge?**
Its Form ADV Part 2A brochure dated March 25, 2026 states: Hourly rate: $500 to $1,000 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Carolina Wealth Advisors located?**
Carolina Wealth Advisors' principal office is in Myrtle Beach, SC, according to its Form ADV.

**Is Carolina Wealth Advisors registered with the SEC or a state?**
Carolina Wealth Advisors is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 288837.

**How much does Carolina Wealth Advisors manage?**
Carolina Wealth Advisors reports $313,415,083 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (98% discretionary).

**How have Carolina Wealth Advisors' assets and staff changed since 2021?**
In the Form ADV data for Carolina Wealth Advisors: Regulatory assets under management: $159,576,023 in the October 2021 data and $313,415,083 in the October 2026 data, up 96%. Total employees: 4 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carolina Wealth Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (459); high net worth individuals (128); corporations or other businesses not listed above (9).

**Which custodians does Carolina Wealth Advisors use?**
Carolina Wealth Advisors' 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 Carolina Wealth Advisors 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/288837

**Does Carolina Wealth Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 25, 2026 says: "CWA requires no minimum account size to open and maintain an advisory account."

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 25, 2026)

- Account minimum: None

> CWA requires no minimum account size to open and maintain an advisory account.

- Hourly rate: $500 to $1,000 an hour (financial planning services)

> CWA charges an hourly fee of $500-$1,000 for financial planning services.

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: $313,415,083
- Discretionary: $308,452,903
- Non-discretionary: $4,962,180

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 459 | $99,507,401 |
| High net worth individuals | 128 | $207,199,809 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | Fewer than 5 | $1,818 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 9 | $6,706,055 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, GA, NC, NY, SC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- carolinawa.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $159,576,023 | 4 | June 23, 2021 |
| October 2022 | $200,719,005 | 5 | March 10, 2022 |
| October 2023 | $235,019,734 | 6 | March 21, 2023 |
| October 2024 | $278,211,748 | 6 | March 26, 2024 |
| October 2025 | $297,697,028 | 6 | March 25, 2025 |
| October 2026 | $313,415,083 | 6 | March 25, 2026 |

Regulatory assets under management: $159,576,023 in the October 2021 data and $313,415,083 in the October 2026 data, up 96%.
Total employees: 4 in October 2021 and 6 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carolina Wealth Advisors (CRD 288837): Form ADV filing data as of October 2026.