# Carroll Advisory Group

> Carroll Advisory Group is an SEC-registered investment advisory firm in Texarkana, TX, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 18, 2026.

- CRD: 334565
- Filed as: CARROLL ADVISORY GROUP
- Legal name: Carroll Advisory Group, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Texarkana, TX
- Filing period: October 2026
- Form ADV filing dated: February 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/334565
- AdvisorCensus page: https://advisorcensus.com/firm/carroll-advisory-group-texarkana-tx-334565

## Quick answers

**How is Carroll Advisory Group compensated?**
On its Form ADV (Item 5.E, October 2026), Carroll Advisory Group reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Carroll Advisory Group located?**
Carroll Advisory Group's principal office is in Texarkana, TX, according to its Form ADV.

**Is Carroll Advisory Group registered with the SEC or a state?**
Carroll Advisory Group is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 334565.

**How much does Carroll Advisory Group manage?**
Carroll Advisory Group reports $341,058,157 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (98% discretionary).

**How have Carroll Advisory Group's assets and staff changed since 2025?**
In the Form ADV data for Carroll Advisory Group: Regulatory assets under management: $227,632,425 in the October 2025 data and $341,058,157 in the October 2026 data, up 50%. Total employees: 5 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carroll Advisory Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (110); high net worth individuals (92); insurance companies (42).

**Which custodians does Carroll Advisory Group use?**
Carroll Advisory Group'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.

**Does Carroll Advisory Group 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/334565

**Does Carroll Advisory Group state an account minimum?**
Its Form ADV Part 2A brochure dated February 18, 2026 says: "We do not have a minimum account size requirement."

**What changed in Carroll Advisory Group's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $227,632,425 to $341,058,157 (+50%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 18, 2026)

- Account minimum: None

> We do not have a minimum account size requirement.

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: $341,058,157
- Discretionary: $332,935,537
- Non-discretionary: $8,122,620

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 110 | $50,462,240 |
| High net worth individuals | 92 | $277,921,903 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 5 | $851,736 |
| Charitable organizations | 1 | $4,239,100 |
| Insurance companies | 42 | $7,583,178 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, CA, CO, FL, LA, TX, UT, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $227,632,425 | 5 | July 29, 2025 |
| October 2026 | $341,058,157 | 7 | February 18, 2026 |

Regulatory assets under management: $227,632,425 in the October 2025 data and $341,058,157 in the October 2026 data, up 50%.
Total employees: 5 in October 2025 and 7 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $227,632,425 to $341,058,157 (+50%).

### December 2025
- Registered or notice-filed in AL, CA, UT, VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carroll Advisory Group (CRD 334565): Form ADV filing data as of October 2026.