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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

CWM ADVISORY, LLC

CRD 299923

OCEAN PINES, MD

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:20a5864d-4f6d-279a-4c14-0c8461d30287

Data as of Jun 23, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:56 AM UTC and rebuilt at most every 15 minutes.

Relationships: 8
Dated events: 2
On other graphs: 0
Observed: Feb 4, 2026 to Jun 23, 2026
3 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

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

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $101MItem 5.F on the latest filing (2026-06-23); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $100M
Private client RAUM: $101MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $33.7Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 6
Advisory employees: 3
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 559
Individual clients: 209
High net worth clients: 34
SEC number: 801-135493
CRD: 299923
Filings on the tape: 3
First filed: Feb 4, 2026
Latest filed: Jun 23, 2026
Organised: Limited Liability Company, MD

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
HAROLD LYNN CARMEAN	n/a	OCEAN PINES, MD \| Punta Gorda, FL	7	27	3	no
Tristan L Jacobi	Certified Financial Planner	OCEAN PINES, MD \| Punta Gorda, FL	7	11	1	no
Jordan Rae Talbert	Certified Financial Planner	OCEAN PINES, MD \| Punta Gorda, FL	2	10	n/a	no

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
CARMEAN, HAROLD, LYNN	PRESIDENT & MANAGING MEMBER & CHIEF COMPLIANCE OFFICER	E	yes	11/2018	Jun 23, 2026	Jun 23, 2026
Jacobi, Tristan, L	MANAGING PARTNER	B	yes	01/2024	Jun 23, 2026	Jun 23, 2026

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; showing 1 of 2

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 29, 2026	$101M	$100M	6	3	1	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	1

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
2025	$101M	n/a	n/a	n/a	n/a	6	n/a	1	n/a

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
SCF INVESTMENT ADVISORS, INC.	2	May 8, 2019	Apr 29, 2019	SAN DIEGO, CA	Team lift out	Ibd to RIA	2.0%

Relationships

Controls (2)

← CARMEAN, HAROLD, LYNNOwnerPRESIDENT & MANAGING MEMBER & CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jun 23, 2026 to presentfactForm ADV
← Jacobi, Tristan, LOwnerMANAGING PARTNER, ownership code B, individual
Jun 23, 2026 to presentfactForm ADV

Registered with (5)

← Jordan Rae TalbertAdvisorregistration: current employment
Apr 26, 2024 to presentfactForm ADV
← Tristan L JacobiAdvisorregistration: current employment
Apr 29, 2019 to presentfactForm ADV
← HAROLD LYNN CARMEANAdvisorregistration: current employment
Apr 26, 2019 to presentfactForm ADV
← KIMBERLY BETH THOMASAdvisorregistration: previous registration
Dec 12, 2023 to Mar 31, 2024factForm ADV
← LAURA ELIZABETH BALBACKAdvisorregistration: previous registration
Apr 26, 2019 to Jan 10, 2023factForm ADV

Moved with (1)

← SCF INVESTMENT ADVISORS, INC.Registered adviser2 advisors, team lift out, same day
May 8, 2019 to Apr 29, 2019factForm ADV

Dated events

Occurred
Mar 31, 2024
Advisor changed firm
Kimberly Beth Thomas left Cwm Advisory, Llc for Thrive Capital Management, Llc (registered 2024-06-07)
Form ADVobserved 6 days ago
Occurred
Jan 10, 2023
Advisor changed firm
Laura Elizabeth Balback left Cwm Advisory, Llc for Dfpg Investments, Llc (registered 2023-01-12)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:20a5864d-4f6d-279a-4c14-0c8461d30287
First observed: Feb 4, 2026
Last observed: Jun 23, 2026 3 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.

CWM ADVISORY, LLC

CRD 299923

OCEAN PINES, MD

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:20a5864d-4f6d-279a-4c14-0c8461d30287

Data as of Jun 23, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:56 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

HAROLD LYNN CARMEAN

n/a

OCEAN PINES, MD | Punta Gorda, FL

Tristan L Jacobi

Certified Financial Planner

OCEAN PINES, MD | Punta Gorda, FL

Jordan Rae Talbert

Certified Financial Planner

OCEAN PINES, MD | Punta Gorda, FL

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CARMEAN, HAROLD, LYNN

PRESIDENT & MANAGING MEMBER & CHIEF COMPLIANCE OFFICER

yes

11/2018

Jun 23, 2026

Jacobi, Tristan, L

MANAGING PARTNER

yes

01/2024

Jun 23, 2026

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 29, 2026

$101M

$100M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$101M

n/a

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

SCF INVESTMENT ADVISORS, INC.

May 8, 2019

Apr 29, 2019

SAN DIEGO, CA

Team lift out

Ibd to RIA

2.0%