{
  "crd_number": 131393,
  "slug": "carolina-wealth-management-inc-greenville-nc-131393",
  "primary_business_name": "CAROLINA WEALTH MANAGEMENT, INC.",
  "legal_name": "CAROLINA WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Greenville",
  "state": "NC",
  "country": "United States",
  "cbsa_code": "24780",
  "metro": {
    "cbsa_code": "24780",
    "common_name": "Greenville",
    "msa_name": "Greenville, NC",
    "path": "/advisors/nc/greenville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2004-05-07",
  "years_registered": 22,
  "period": "2026-10-01",
  "filing_date": "2026-04-27",
  "carried_forward": false,
  "raum_total": 798455655.0,
  "raum_discretionary": 583817383.0,
  "raum_non_discretionary": 214638272.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 10,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 4065134.0,
      "count": 9
    },
    "individuals": {
      "raum": 129820618.0,
      "count": 443
    },
    "pension_profit_sharing": {
      "raum": 200972386.0,
      "count": 42
    },
    "high_net_worth_individuals": {
      "raum": 445610414.0,
      "count": 144
    },
    "corporations_other_businesses": {
      "raum": 17987103.0,
      "count": 8
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "GA",
    "NC",
    "NY",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://buildingabetter401k.com",
    "https://facebook.com/mycarolinawealth",
    "https://linkedin.com/company/carolina-wealth-management-inc-",
    "https://linkedin.com/in/401kplanadvisor",
    "https://linkedin.com/in/david-damm-a430a09",
    "https://linkedin.com/in/derek-pszenny-6970a727",
    "https://linkedin.com/in/duff-meyer-aif-18820727",
    "https://linkedin.com/in/parishparker401kadvisor",
    "https://mycarolinawealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131393",
  "city_as_filed": "GREENVILLE",
  "url": "https://advisorcensus.com/firm/carolina-wealth-management-inc-greenville-nc-131393",
  "display_name": "Carolina Wealth Management, Inc.",
  "summary": "Carolina Wealth Management, Inc. is an SEC-registered investment advisory firm in Greenville, NC, registered since 2004, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 27, 2026.",
  "citation": "AdvisorCensus. Carolina Wealth Management, Inc. (CRD 131393): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Carolina Wealth Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Carolina Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Carolina Wealth Management, Inc. located?",
      "a": "Carolina Wealth Management, Inc.'s principal office is in Greenville, NC, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Carolina Wealth Management, Inc. registered with the SEC or a state?",
      "a": "Carolina Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 131393."
    },
    {
      "q": "How much does Carolina Wealth Management, Inc. manage?",
      "a": "Carolina Wealth Management, Inc. reports $798,455,655 in regulatory assets under management in its Form ADV filing dated April 27, 2026 (73% discretionary)."
    },
    {
      "q": "How have Carolina Wealth Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Carolina Wealth Management, Inc.: Regulatory assets under management: $444,235,924 in the October 2021 data and $798,455,655 in the October 2026 data, up 80%. Total employees: 6 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Carolina Wealth Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (443); high net worth individuals (144); pension and profit sharing plans (but not the plan participants or government pension plans) (42)."
    },
    {
      "q": "Which custodians does Carolina Wealth Management, Inc. use?",
      "a": "Carolina Wealth Management, Inc.'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."
    },
    {
      "q": "Does Carolina Wealth Management, Inc. report any disciplinary disclosures?",
      "a": "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/131393"
    },
    {
      "q": "Does Carolina Wealth Management, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 27, 2026 says: \"CWM generally requires a minimum account value of $500,000, which may be reduced or waived in the sole discretion of the Firm.\""
    },
    {
      "q": "What changed in Carolina Wealth Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $711,811,237 to $798,455,655 (+12%). Registered or notice-filed in NY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 444235924.0,
      "total_employees": 6,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 589477808.0,
      "total_employees": 8,
      "filing_date": "2022-03-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 515883273.0,
      "total_employees": 8,
      "filing_date": "2023-10-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 623822112.0,
      "total_employees": 9,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 711811237.0,
      "total_employees": 10,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 798455655.0,
      "total_employees": 10,
      "filing_date": "2026-04-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $711,811,237 to $798,455,655 (+12%).",
        "Registered or notice-filed in NY."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 27, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "CWM generally requires a minimum account value of $500,000, which may be reduced or waived in the sole discretion of the Firm."
        ]
      }
    ],
    "quotes": [
      "CWM generally requires a minimum account value of $500,000, which may be reduced or waived in the sole discretion of the Firm."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/carolina-wealth-management-inc-greenville-nc-131393.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 443,
      "fewer_than_5": false,
      "raum": 129820618.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 144,
      "fewer_than_5": false,
      "raum": 445610414.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 42,
      "fewer_than_5": false,
      "raum": 200972386.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 4065134.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 8,
      "fewer_than_5": false,
      "raum": 17987103.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131393",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}