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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 1b 10b

CARROLL FINANCIAL ASSOCIATES INC

CRD 105427

CHARLOTTE, NC

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:18ddea63-996e-be99-d3f2-d5cbd0f26892

Data as of Aug 5, 2021 (this record's last observation) from federal regulator filings. Page built Sep 18, 2026, 10:04 PM UTC and rebuilt at most every 15 minutes.

Relationships: 66
Dated events: 2
On other graphs: 1
Observed: Mar 29, 2012 to Aug 5, 2021
32 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Allocatorsidentity

Carroll Financial Associates Inc

Investment consultant · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $4.1BItem 5.F on the latest filing (2021-08-05); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $3.9B
Private client RAUM: $3.8BderivedItem 5.D individuals plus high net worth individuals
Private client share: 94%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 52
Advisory employees: 45
Offices: 5Schedule D 1.F, beyond the principal office
Accounts: 9,318
Individual clients: 4,432
High net worth clients: 1,095
Custody, client assets: $316M
SEC number: 801-15517
CRD: 105427
Filings on the tape: 32
First filed: Mar 29, 2012
Latest filed: Aug 5, 2021
Organised: Corporation, North Carolina

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
CARROLL, KRISTOPHER, WAYNE	CHIEF EXECUTIVE OFFICER/CHIEF COMPLIANCE OFFICER	E	yes	03/2016	Mar 18, 2015	Aug 5, 2021
CARROLL, LARRY, WAYNE	CHAIRMAN EMERITUS	Na	yes	06/1980	Mar 29, 2012	Aug 5, 2021
GRAVES, BENJAMIN, KELLY	EXECUTIVE VICE PRESIDENT	Na	no	01/1984	Mar 29, 2012	Aug 5, 2021
PATTERSON, JOHN, ANDREW	EXECUTIVE VICE PRESIDENT	Na	no	12/1986	Mar 29, 2012	Aug 5, 2021

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
DAVID PETERS	n/a	n/a	n/a	N	no	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
ROCK HILL	Sc	United States	9	yes
Raleigh	Nc	United States	2	no
Jacksonville	FL	United States	1	no
n/a	n/a	n/a	1	yes
n/a	n/a	n/a	1	yes

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2020	Mar 24, 2021	$4.1B	$3.9B	52	45	5	n/a	n/a
2019	Mar 23, 2020	$3.5B	$3.3B	52	44	6	n/a	n/a
2018	Mar 27, 2019	$2.5B	$2.2B	46	38	3	n/a	n/a
2017	Mar 22, 2018	$2.5B	$2.3B	43	29	4	n/a	n/a
2016	Jan 26, 2017	$1.8B	$1.6B	42	33	n/a	n/a	n/a
2015	Mar 2, 2016	$1.7B	$1.5B	43	30	n/a	n/a	n/a
2014	Mar 18, 2015	$1.8B	$1.6B	42	28	n/a	n/a	n/a
2013	Mar 19, 2014	$1.6B	$1.3B	35	21	n/a	n/a	n/a
2012	Mar 26, 2013	$1.4B	$1.2B	35	19	n/a	n/a	n/a
2011	Mar 29, 2012	$1.2B	$1.0B	n/a	n/a	n/a	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2020	$4.1B	$3.5B	17.2%	$2.5B	18.2%	52	52	5	6

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
MUIRFIELD WEALTH ADVISORS LLC	2	Sep 30, 2021	Sep 30, 2021	CHARLOTTE, NC	Team lift out	RIA to new firm	5.1%
LPL FINANCIAL LLC	6	Nov 16, 2018	Nov 14, 2018	CHARLOTTE, NC	Team lift out	RIA to RIA	18.8%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
LEPHEW FINANCIAL SERVICES, INC.	2	Jun 18, 2019	Jun 21, 2019	ROCK HILL, SC	Team lift out	RIA to RIA	100.0%
FREEDOM INVESTMENT MANAGEMENT, INC.	2	Dec 31, 2018	May 23, 2019	SOUTH WINDSOR, CT	Team lift out	RIA to RIA	11.8%
CETERA ADVISOR NETWORKS LLC	6	Nov 19, 2018	May 8, 2018	LANCASTER, SC	Team lift out	Ibd to RIA	1.2%

Relationships

Controls (2)

← CARROLL, LARRY, WAYNEOwnerCHAIRMAN EMERITUS, ownership code NA, individual
Mar 29, 2012 to presentfactForm ADV
← CARROLL, KRISTOPHER, WAYNEOwnerCHIEF EXECUTIVE OFFICER/CHIEF COMPLIANCE OFFICER, ownership code E, individual
Mar 18, 2015 to presentfactForm ADV

Owns (2)

← GRAVES, BENJAMIN, KELLYOwnerEXECUTIVE VICE PRESIDENT, ownership code NA, individual
Mar 29, 2012 to presentfactForm ADV
← PATTERSON, JOHN, ANDREWOwnerEXECUTIVE VICE PRESIDENT, ownership code NA, individual
Mar 29, 2012 to presentfactForm ADV

Registered with (55)

← Carl David HedstromAdvisorregistration: previous registration
Jan 5, 2005 to Dec 8, 2021factForm ADV
← Linda S ManderAdvisorregistration: previous registration
Apr 26, 2018 to Dec 8, 2021factForm ADV
← William Mark DillonAdvisorregistration: previous registration
Feb 4, 2003 to Dec 8, 2021factForm ADV
← Christine Lynn NeeseAdvisorregistration: previous registration
Dec 17, 2001 to Dec 8, 2021factForm ADV
← Kristopher Wayne CarrollAdvisorregistration: previous registration
Jan 7, 2005 to Dec 8, 2021factForm ADV
← James Carl HedstromAdvisorregistration: previous registration
Jan 5, 2005 to Dec 8, 2021factForm ADV
← Jonathan Stewart LilesAdvisorregistration: previous registration
Jun 30, 2011 to Dec 8, 2021factForm ADV
← Kevin M BowyerAdvisorregistration: previous registration
Jun 9, 2009 to Dec 8, 2021factForm ADV
← John HallAdvisorregistration: previous registration
Dec 12, 2011 to Dec 8, 2021factForm ADV
← Brice Russell OldhamAdvisorregistration: previous registration
Aug 8, 2014 to Dec 8, 2021factForm ADV
← Emily Netzel ReidenouerAdvisorregistration: previous registration
Dec 5, 2014 to Dec 8, 2021factForm ADV
← KELLEN S TAYLORAdvisorregistration: previous registration
Apr 30, 2010 to Dec 8, 2021factForm ADV
← Marshall Braedon LongAdvisorregistration: previous registration
Jun 30, 2011 to Dec 8, 2021factForm ADV
← Marianne Edwards GebhardtAdvisorregistration: previous registration
May 2, 2012 to Dec 8, 2021factForm ADV
← Robert Steven StewartAdvisorregistration: previous registration
Aug 17, 2012 to Dec 8, 2021factForm ADV
← Cynthia Anne PiacentinoAdvisorregistration: previous registration
Nov 7, 2011 to Dec 8, 2021factForm ADV
← Courtney Stutts HugeAdvisorregistration: previous registration
Apr 1, 2019 to Dec 8, 2021factForm ADV
← Benjamin James GansonAdvisorregistration: previous registration
Nov 11, 2015 to Dec 8, 2021factForm ADV
← John Andrew PattersonAdvisorregistration: previous registration
Oct 26, 2018 to Dec 8, 2021factForm ADV
← Taylor Michael WattsAdvisorregistration: previous registration
Oct 3, 2017 to Dec 8, 2021factForm ADV
← Chason W TrahanAdvisorregistration: previous registration
Apr 11, 2017 to Dec 8, 2021factForm ADV
← Gabrielle Elizabeth KongAdvisorregistration: previous registration
Jan 8, 2021 to Dec 8, 2021factForm ADV
← LESLIE KASSANDRA ORTIZ-QUIROZAdvisorregistration: previous registration
Jan 11, 2020 to Dec 8, 2021factForm ADV
← Terrell StaufferAdvisorregistration: previous registration
Jul 16, 2020 to Dec 8, 2021factForm ADV
← Hailey Nacole HallAdvisorregistration: previous registration
Sep 12, 2021 to Dec 8, 2021factForm ADV
← LARRY CARROLLAdvisorregistration: previous registration
Dec 31, 2001 to Dec 6, 2021factForm ADV
← Denis Richard CurcioAdvisorregistration: previous registration
Feb 2, 2015 to Dec 6, 2021factForm ADV
← Steven Brett BonerAdvisorregistration: previous registration
Feb 1, 2007 to Dec 6, 2021factForm ADV
← Patrick James BobbinsAdvisorregistration: previous registration
Jan 21, 2015 to Dec 6, 2021factForm ADV
← Michelle Leigh GuissingerAdvisorregistration: previous registration
Jun 21, 2019 to Dec 6, 2021factForm ADV
and 25 more

Moved with (5)

→ MUIRFIELD WEALTH ADVISORS LLCRegistered adviser2 advisors, team lift out, same day
Sep 30, 2021 to Sep 30, 2021factForm ADV
← LEPHEW FINANCIAL SERVICES, INC.Registered adviser2 advisors, team lift out, same day
Jun 18, 2019 to Jun 21, 2019factForm ADV
← FREEDOM INVESTMENT MANAGEMENT, INC.Registered adviser2 advisors, team lift out, same day
Dec 31, 2018 to May 23, 2019factForm ADV
→ LPL FINANCIAL LLCRegistered adviser6 advisors, team lift out
Nov 16, 2018 to Nov 14, 2018factForm ADV
← CETERA ADVISOR NETWORKS LLCRegistered adviser6 advisors, team lift out
Nov 19, 2018 to May 8, 2018factForm ADV

Dated events

Occurred
Mar 23, 2020
Regulatory AUM changed
Carroll Financial Associates Inc reported RAUM $3.5B, up 41% from $2.5B (2020-02-21 to 2020-03-23)
Form ADVobserved 3 days ago
$1.0B
Occurred
Mar 22, 2018
Regulatory AUM changed
Carroll Financial Associates Inc reported RAUM $2.5B, up 38% from $1.8B (2017-06-29 to 2018-03-22)
Form ADVobserved 3 days ago
$684M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:18ddea63-996e-be99-d3f2-d5cbd0f26892
First observed: Mar 29, 2012
Last observed: Aug 5, 2021 62 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

CARROLL FINANCIAL ASSOCIATES INC

CRD 105427

CHARLOTTE, NC

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:18ddea63-996e-be99-d3f2-d5cbd0f26892

Data as of Aug 5, 2021 (this record's last observation) from federal regulator filings. Page built Sep 18, 2026, 10:04 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CARROLL, KRISTOPHER, WAYNE

CHIEF EXECUTIVE OFFICER/CHIEF COMPLIANCE OFFICER

yes

03/2016

Mar 18, 2015

Aug 5, 2021

CARROLL, LARRY, WAYNE

CHAIRMAN EMERITUS

yes

06/1980

Mar 29, 2012

Aug 5, 2021

GRAVES, BENJAMIN, KELLY

EXECUTIVE VICE PRESIDENT

01/1984

Mar 29, 2012

Aug 5, 2021

PATTERSON, JOHN, ANDREW

EXECUTIVE VICE PRESIDENT

12/1986

Mar 29, 2012

Aug 5, 2021

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

DAVID PETERS

n/a

City

State

Country

Employees

Also broker-dealer

ROCK HILL

United States

yes

Raleigh

United States

Jacksonville

United States

n/a

yes

n/a

yes

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2020

Mar 24, 2021

$4.1B

$3.9B

n/a

2019

Mar 23, 2020

$3.5B

$3.3B

n/a

2018

Mar 27, 2019

$2.5B

$2.2B

n/a

2017

Mar 22, 2018

$2.5B

$2.3B

n/a

2016

Jan 26, 2017

$1.8B

$1.6B

n/a

2015

Mar 2, 2016

$1.7B

$1.5B

n/a

2014

Mar 18, 2015

$1.8B

$1.6B

n/a

2013

Mar 19, 2014

$1.6B

$1.3B

n/a

2012

Mar 26, 2013

$1.4B

$1.2B

n/a

2011

Mar 29, 2012

$1.2B

$1.0B

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2020

$4.1B

$3.5B

17.2%

$2.5B

18.2%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

MUIRFIELD WEALTH ADVISORS LLC

Sep 30, 2021

CHARLOTTE, NC

Team lift out

RIA to new firm

5.1%

LPL FINANCIAL LLC

Nov 16, 2018

Nov 14, 2018

CHARLOTTE, NC

Team lift out

RIA to RIA

18.8%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

LEPHEW FINANCIAL SERVICES, INC.

Jun 18, 2019

Jun 21, 2019

ROCK HILL, SC

Team lift out

RIA to RIA

100.0%

FREEDOM INVESTMENT MANAGEMENT, INC.

Dec 31, 2018

May 23, 2019

SOUTH WINDSOR, CT

Team lift out

RIA to RIA

11.8%

CETERA ADVISOR NETWORKS LLC

Nov 19, 2018

May 8, 2018

LANCASTER, SC

Team lift out

Ibd to RIA

1.2%