# Carriage Services Investment Advisors, Inc.

> Carriage Services Investment Advisors, Inc. is an SEC-registered investment advisory firm in Houston, TX, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 164325
- Filed as: CARRIAGE SERVICES INVESTMENT ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164325
- AdvisorCensus page: https://advisorcensus.com/firm/carriage-services-investment-advisors-inc-houston-tx-164325

## Quick answers

**How is Carriage Services Investment Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Carriage Services Investment Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management.

**How much does Carriage Services Investment Advisors, Inc. charge?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Carriage Services Investment Advisors, Inc. located?**
Carriage Services Investment Advisors, Inc.'s principal office is in Houston, TX, according to its Form ADV.

**Is Carriage Services Investment Advisors, Inc. registered with the SEC or a state?**
Carriage Services Investment Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164325.

**How much does Carriage Services Investment Advisors, Inc. manage?**
Carriage Services Investment Advisors, Inc. reports $308,215,760 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Carriage Services Investment Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Carriage Services Investment Advisors, Inc.: Regulatory assets under management: $242,039,358 in the October 2021 data and $308,215,760 in the October 2026 data, up 27%. Total employees: 5 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carriage Services Investment Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Carriage Services Investment Advisors, Inc. use?**
Carriage Services Investment Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Argent Trust Company and Regions Bank as custodians holding 10% or more of its separately managed account assets.

**Does Carriage Services Investment Advisors, Inc. 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/164325

**What changed in Carriage Services Investment Advisors, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 2.

## 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 27, 2026)

- Asset-based fee: 2% of assets a year

> Our annual fee is 2.00% of assets under management. All such fees are subject to negotiation from time to time.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Argent Trust Company
- Regions Bank

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: $308,215,760
- Discretionary: $307,682,015
- Non-discretionary: $533,745

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $278,298,212 |
| Other | Fewer than 5 | $29,917,548 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Other

### Firm details
- Registered since: 2012 (14 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $242,039,358 | 5 | March 24, 2021 |
| October 2022 | $267,352,583 | 5 | March 28, 2022 |
| October 2023 | $248,399,734 | 5 | May 2, 2023 |
| October 2024 | $272,694,075 | 6 | September 9, 2024 |
| October 2025 | $280,250,826 | 5 | July 9, 2025 |
| October 2026 | $308,215,760 | 4 | March 27, 2026 |

Regulatory assets under management: $242,039,358 in the October 2021 data and $308,215,760 in the October 2026 data, up 27%.
Total employees: 5 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carriage Services Investment Advisors, Inc. (CRD 164325): Form ADV filing data as of October 2026.