{
  "crd_number": 330834,
  "slug": "carrera-capital-advisors-troy-mi-330834",
  "primary_business_name": "CARRERA CAPITAL ADVISORS",
  "legal_name": "CARRERA CAPITAL ADVISORS, LLC",
  "dbas": [],
  "city": "Troy",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "19820",
  "metro": {
    "cbsa_code": "19820",
    "common_name": "Detroit",
    "msa_name": "Detroit-Warren-Dearborn, MI",
    "path": "/advisors/mi/detroit"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-05-13",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-07-24",
  "carried_forward": false,
  "raum_total": 968703896.0,
  "raum_discretionary": 968703896.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 13,
  "advisory_employees": 12,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 304412.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 200640551.0,
      "count": 718
    },
    "investment_companies": {
      "raum": 120704516.0,
      "count": 1
    },
    "pension_profit_sharing": {
      "raum": 40840055.0,
      "count": 23
    },
    "high_net_worth_individuals": {
      "raum": 584320485.0,
      "count": 239
    },
    "corporations_other_businesses": {
      "raum": 21893877.0,
      "count": 16
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "MD",
    "MI",
    "MN",
    "NC",
    "NY",
    "OH",
    "OK",
    "OR",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA"
  ],
  "websites": [
    "https://carrera-advisors.com",
    "https://carrera-capital-advisors.com",
    "https://facebook.com/CCAdvisorsMI",
    "https://instagram.com/carrera_capital_advisors",
    "https://twitter.com/CCAdvisorsMI"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/330834",
  "city_as_filed": "TROY",
  "url": "https://advisorcensus.com/firm/carrera-capital-advisors-troy-mi-330834",
  "display_name": "Carrera Capital Advisors",
  "summary": "Carrera Capital Advisors is an SEC-registered investment advisory firm in Troy, MI, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 24, 2026.",
  "citation": "AdvisorCensus. Carrera Capital Advisors (CRD 330834): 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"
  ],
  "quick_answers": [
    {
      "q": "How is Carrera Capital Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Carrera Capital Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Carrera Capital Advisors located?",
      "a": "Carrera Capital Advisors' principal office is in Troy, MI, according to its Form ADV."
    },
    {
      "q": "Is Carrera Capital Advisors registered with the SEC or a state?",
      "a": "Carrera Capital Advisors is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330834."
    },
    {
      "q": "How much does Carrera Capital Advisors manage?",
      "a": "Carrera Capital Advisors reports $968,703,896 in regulatory assets under management in its Form ADV filing dated July 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Carrera Capital Advisors' assets and staff changed since 2024?",
      "a": "In the Form ADV data for Carrera Capital Advisors: Regulatory assets under management: $617,317,000 in the October 2024 data and $968,703,896 in the October 2026 data, up 57%. Total employees: 11 in October 2024 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Carrera Capital Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (718); high net worth individuals (239); pension and profit sharing plans (but not the plan participants or government pension plans) (23)."
    },
    {
      "q": "Which custodians does Carrera Capital Advisors use?",
      "a": "Carrera Capital Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Carrera Capital Advisors 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/330834"
    },
    {
      "q": "Does Carrera Capital Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 16, 2026 says: \"Carrera does not require a minimum account size of its clients.\""
    },
    {
      "q": "What changed in Carrera Capital Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 9 to 12. Regulatory assets under management went from $647,652,930 to $968,703,896 (+50%). Registered or notice-filed in AZ, MN, OR, TN, UT. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 617317000.0,
      "total_employees": 11,
      "filing_date": "2024-09-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 647652930.0,
      "total_employees": 13,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 968703896.0,
      "total_employees": 13,
      "filing_date": "2026-07-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 9 to 12.",
        "Regulatory assets under management went from $647,652,930 to $968,703,896 (+50%).",
        "Registered or notice-filed in AZ, MN, OR, TN, UT.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 16, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Carrera does not require a minimum account size of its clients."
        ]
      }
    ],
    "quotes": [
      "Carrera does not require a minimum account size of its clients."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab",
      "name_as_filed": "CHARLES SCHWAB",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "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/carrera-capital-advisors-troy-mi-330834.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 718,
      "fewer_than_5": false,
      "raum": 200640551.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 239,
      "fewer_than_5": false,
      "raum": 584320485.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 120704516.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 23,
      "fewer_than_5": false,
      "raum": 40840055.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 304412.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 16,
      "fewer_than_5": false,
      "raum": 21893877.0
    }
  ],
  "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/330834",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}