DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Carlson Investments
Legal name Dl Carlson Investment Group Inc.
Latest filing Aug 25, 2026
First filing on the tape Mar 30, 2012 · 35 filings
SEC status approved since Jun 12, 1989
RAUM
$736M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
73%
$539M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$91.9M
derived; firm RAUM over IAPD count
Employees
14
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$736M as of Aug 25, 2026
Mar 30, 2012$535M then
HNW client RAUM$417M as of Aug 25, 2026
Mar 28, 2018$230M then
State-registered IARs (5.B.3)6 as of Aug 25, 2026
Mar 30, 20120 then
Employees (5.A)14 as of Aug 25, 2026
Mar 12, 20139 then
Private funds: no history
RAUM +5.3% over the last fiscal year+3.9% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Aug 25, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $91.9MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 44derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.9MderivedHNW RAUM over HNW clients
- Average account
- $823,658derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 27%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.3%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.7%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$417M57%
- Pension and profit-sharing plans$190M26%
- Individuals$121M17%
- Charitable organizations$6.6M0.9%
- Corporations and businesses$404,9010.1%
- Individual clients
- 243reported
- HNW clients
- 107reported
- Pension plan clients
- 4reported
- Charitable clients
- 4reported
- Accounts
- 893reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.73 fund_share=0.0 institutional_share=0.27 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| James Roger MullinsChartered Financial Analyst | Concord, Nh | Aug 31, 2001 | 26 y | 0 |
| Joseph Michael Drinon | Concord, Nh | Jun 30, 2014 | 47 y | 1 |
| Richard Carl Habermann | Concord, Nh | May 11, 2015 | 34 y | 0 |
| Kyle Ian Fellers | Concord, Nh | Mar 21, 2016 | 24 y | 1 |
| Daniel F Bednarczyk | Concord, Nh | Jan 8, 2021 | 17 y | 0 |
| Alan Joseph Rattee | Concord, Nh | Apr 19, 2024 | 12 y | 0 |
| Maxwell Cyr Kemper | Concord, Nh | Dec 2, 2025 | 21 y | 0 |
| Kate T Graham | Concord, Nh | May 15, 2026 | 25 y | 2 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Kristina Schurrath Regan to Perigon Wealth Management, LLCJan 16, 2024 · RIA to RIA
- Brian Joseph Presti to Harvest Capital Management IncAug 17, 2015 · Other
Joined, latest
- Kate T Graham from Fidelity Personal And Workplace AdvisorsMay 15, 2026 · Affiliated broker-dealer or bank to independent RIA
- Kristina Schurrath Regan from Taylor, Cottrill LLCOct 1, 2020 · Other
- Kyle Ian Fellers from Strategic Advisers LLCMar 21, 2016 · Other
- Joseph Michael Drinon from UBS Financial Services Inc.Jun 30, 2014 · Other
- Brian Joseph Presti from Charles Schwab & Co., Inc.Mar 28, 2007 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Littlefield David Carlson · Chairmancontrolsince 04/1989 · owns 25% to 50%
- Chenowith Rosamond Carlson · Shareholdercontrolsince 03/2006 · owns 10% to 25%
- Roger James Mullins · President/Ccocontrolsince 09/2004 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Concord, Nh · principal | 8 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 901 to 893Jun 11, 2025 to Mar 13, 2026
- Advisory employees · 6 to 8Jun 11, 2025 to Mar 13, 2026
- Charity clients · 5 to 4Jun 11, 2025 to Mar 13, 2026
- HNW clients · 115 to 107Jun 11, 2025 to Mar 13, 2026
- Individual clients · 241 to 243Jun 11, 2025 to Mar 13, 2026
- Pension plan clients · 5 to 4Jun 11, 2025 to Mar 13, 2026
- Employees · 12 to 14Jun 11, 2025 to Mar 13, 2026
- Discretionary RAUM · $691M to $736MJun 11, 2025 to Mar 13, 2026
- HNW RAUM · $397M to $417MJun 11, 2025 to Mar 13, 2026
- Individual RAUM · $102M to $121MJun 11, 2025 to Mar 13, 2026
- Non-discretionary RAUM · $3.8M to $0Jun 11, 2025 to Mar 13, 2026
- Pension RAUM · $188M to $190MJun 11, 2025 to Mar 13, 2026
- RAUM · $695M to $736MJun 11, 2025 to Mar 13, 2026
- Accounts · 903 to 901Mar 28, 2025 to Jun 11, 2025
- Financial planning clients · 1-10 to 1-10Mar 28, 2025 to Jun 11, 2025
- Discretionary RAUM · $695M to $691MMar 28, 2025 to Jun 11, 2025
- HNW RAUM · $400M to $397MMar 28, 2025 to Jun 11, 2025
- Individual RAUM · $102M to $102MMar 28, 2025 to Jun 11, 2025
- Pension RAUM · $188M to $188MMar 28, 2025 to Jun 11, 2025
- RAUM · $698M to $695MMar 28, 2025 to Jun 11, 2025
- Accounts · 869 to 903Sep 5, 2024 to Mar 28, 2025
- Advisory employees · 7 to 6Sep 5, 2024 to Mar 28, 2025
- HNW clients · 117 to 115Sep 5, 2024 to Mar 28, 2025
- Individual clients · 225 to 241Sep 5, 2024 to Mar 28, 2025
- Pension plan clients · 3 to 5Sep 5, 2024 to Mar 28, 2025
- Employees · 14 to 12Sep 5, 2024 to Mar 28, 2025
- Discretionary RAUM · $635M to $695MSep 5, 2024 to Mar 28, 2025
- HNW RAUM · $375M to $400MSep 5, 2024 to Mar 28, 2025
- Individual RAUM · $89.6M to $102MSep 5, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $0 to $3.8MSep 5, 2024 to Mar 28, 2025
- Pension RAUM · $165M to $188MSep 5, 2024 to Mar 28, 2025
- RAUM · $635M to $698MSep 5, 2024 to Mar 28, 2025
- Accounts · 820 to 869Oct 18, 2023 to Mar 27, 2024
- Advisory employees · 6 to 7Oct 18, 2023 to Mar 27, 2024
- Business name · DL CARLSON INVESTMENT GROUP INC to CARLSON INVESTMENTSOct 18, 2023 to Mar 27, 2024
- HNW clients · 100 to 117Oct 18, 2023 to Mar 27, 2024
- Individual clients · 208 to 225Oct 18, 2023 to Mar 27, 2024
- Employees · 13 to 14Oct 18, 2023 to Mar 27, 2024
- Financial planning clients · 26-50 to 1-10Oct 18, 2023 to Mar 27, 2024
- Discretionary RAUM · $657M to $635MOct 18, 2023 to Mar 27, 2024
Signals
2 dated events
- Kristina Schurrath Regan left Carlson Investments for Perigon Wealth Management, Llc (registered 2024-08-14)Jan 16, 2024 · Advisor changed firm · fact
- Carlson Investments reported RAUM $738.3M, up 38% from $535.5M (2020-06-30 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 603-224-5977reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- CARLSONINVEST.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 603-224-5977reportedpublic record, Form ADV, Aug 25, 2026
- Contact form
- carlsoninvest.com/contactreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $91.9Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026