Carter & Balsam Advisers
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$15,484,815
Total clients
7
57% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
7
Average account size
$2,212,116
About
Carter & Balsam Advisers provides discretionary investment advisory and portfolio management services to individuals, trusts, and corporations representing individuals, managing roughly $15 million for a small client base and generally accepting accounts at a $250,000 minimum. The firm advises across equities, corporate and municipal debt, mutual funds, and ETFs and may furnish non‑securities financial advice as part of its client relationships.
The firm’s investment approach relies on fundamental and cyclical analysis and employs both long‑ and short‑term trading; the principal conducts weekly market reviews and delivers a monthly pro forma written analysis of each portfolio. The principal commonly holds the same or similar positions as clients—focused on widely traded large companies, mutual funds, and ETFs—and notifies clients by phone or email when discretionary changes are made.
A notable distinction is the adviser’s affiliation with a separately operated certified public accounting practice owned by the same principal: about 92% of the assets managed are held by clients of that accounting firm, and the principal allocates time between the two enterprises, which can affect coordination of investment and tax matters. The firm does not take custody of client assets and does not vote client proxies; clients receive and vote their own proxies.
Client services
Portfolio management
Expertise
Active portfolio management
Fee options
Account minimum: $250,000 Minimum fee: $400 per quarter minimum fee Fee-only: Fee-only adviser; does not receive compensation from sale of investment products
Main office location
Carter & Balsam Advisers
Los Angeles CA, United States
Number of offices
1
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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