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
Carolina Wealth Advisors
Legal name Carolina Wealth Advisors, LLC
Latest filing Mar 25, 2026
First filing on the tape Jun 11, 2020 · 14 filings
SEC status approved since Jul 29, 2020
RAUM
$313M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
98%
$307M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$78.4M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$313M as of Mar 25, 2026
Mar 31, 2021$160M then
HNW client RAUM$207M as of Mar 25, 2026
Mar 31, 2021$72.7M then
State-registered IARs (5.B.3)4 as of Mar 25, 2026
Mar 31, 20213 then
Employees (5.A)6 as of Mar 25, 2026
Mar 31, 20214 then
Private funds: no history
RAUM +5.3% over the last fiscal year+10% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 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
- RAUM per advisor
- $78.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 147derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.6MderivedHNW RAUM over HNW clients
- Average account
- $196,993derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 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
- +12%derived
- Compensation
- percentage of assets, hourlyreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$207M66%
- Individuals$99.5M32%
- Corporations and businesses$6.7M2.1%
- Charitable organizations$1,8180.0%
- Individual clients
- 459reported
- HNW clients
- 128reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 1,591reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, hourlyreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=4.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Lee Christy Horlacher · Chief Compliance Officercontrolsince 05/2017 · owns less than 5%
- Radcliff Matthew Lowery · Cfocontrolsince 05/2017 · owns less than 5%
- David Christopher St. John · Ceocontrolsince 05/2017 · owns less than 5%
- Lee Christy Horlacher · Membercontrolsince 05/2019 · owns 75% or more of Sweet Bailey, LLC
- Radcliff Matthew Lowery · Membercontrolsince 08/2008 · owns 75% or more of M Radcliff Lowery Cpa LLC
- David Christopher St. John · Shareholdercontrolsince 09/2004 · owns 75% or more of Rpwcm, Inc.
Entity owners
- M Radcliff Lowery Cpa LLC · Memberdirect · owns 25% to 50%
- Rpwcm, Inc. · Memberdirect · owns 50% to 75%
- Sweet Bailey, LLC · Memberdirect · owns 10% to 25%
Related persons
Schedule D 7.A
- M. Radcliff Lowery Cpa LLCinsurancey
Advisers that list Carolina Wealth Advisors as a related person
- 126514 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Myrtle Beach, Sc · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,382 to 1,591Mar 25, 2025 to Mar 25, 2026
- HNW clients · 117 to 128Mar 25, 2025 to Mar 25, 2026
- Individual clients · 405 to 459Mar 25, 2025 to Mar 25, 2026
- Discretionary RAUM · $294M to $308MMar 25, 2025 to Mar 25, 2026
- HNW RAUM · $194M to $207MMar 25, 2025 to Mar 25, 2026
- Individual RAUM · $98.7M to $99.5MMar 25, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $3.9M to $5.0MMar 25, 2025 to Mar 25, 2026
- RAUM · $298M to $313MMar 25, 2025 to Mar 25, 2026
- HNW clients · 107 to 117Mar 26, 2024 to Mar 25, 2025
- Individual clients · 421 to 405Mar 26, 2024 to Mar 25, 2025
- Financial planning clients · 0 to 0Mar 26, 2024 to Mar 25, 2025
- Discretionary RAUM · $274M to $294MMar 26, 2024 to Mar 25, 2025
- HNW RAUM · $171M to $194MMar 26, 2024 to Mar 25, 2025
- Individual RAUM · $102M to $98.7MMar 26, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $3.7M to $3.9MMar 26, 2024 to Mar 25, 2025
- RAUM · $278M to $298MMar 26, 2024 to Mar 25, 2025
- Accounts · 1,248 to 1,382Mar 21, 2023 to Mar 26, 2024
- Corporate clients · unset to 9.0Mar 21, 2023 to Mar 26, 2024
- HNW clients · 87 to 107Mar 21, 2023 to Mar 26, 2024
- Individual clients · 405 to 421Mar 21, 2023 to Mar 26, 2024
- Discretionary RAUM · $233M to $274MMar 21, 2023 to Mar 26, 2024
- HNW RAUM · $127M to $171MMar 21, 2023 to Mar 26, 2024
- Individual RAUM · $105M to $102MMar 21, 2023 to Mar 26, 2024
- Non-discretionary RAUM · $1.6M to $3.7MMar 21, 2023 to Mar 26, 2024
- RAUM · $235M to $278MMar 21, 2023 to Mar 26, 2024
- Accounts · 1,031 to 1,248Oct 24, 2022 to Mar 21, 2023
- Advisory employees · 3 to 4Oct 24, 2022 to Mar 21, 2023
- BD registered reps · 3 to 4Oct 24, 2022 to Mar 21, 2023
- HNW clients · 83 to 87Oct 24, 2022 to Mar 21, 2023
- Individual clients · 346 to 405Oct 24, 2022 to Mar 21, 2023
- Employees · 5 to 6Oct 24, 2022 to Mar 21, 2023
- Insurance-licensed employees · 3 to 4Oct 24, 2022 to Mar 21, 2023
- State-registered IARs · 3 to 4Oct 24, 2022 to Mar 21, 2023
- Discretionary RAUM · $200M to $233MOct 24, 2022 to Mar 21, 2023
- HNW RAUM · $113M to $127MOct 24, 2022 to Mar 21, 2023
- Individual RAUM · $83.3M to $105MOct 24, 2022 to Mar 21, 2023
- Non-discretionary RAUM · $832,929 to $1.6MOct 24, 2022 to Mar 21, 2023
- RAUM · $201M to $235MOct 24, 2022 to Mar 21, 2023
- Accounts · 899 to 1,031Nov 11, 2021 to Mar 10, 2022
- HNW clients · 60 to 83Nov 11, 2021 to Mar 10, 2022
Signals
1 dated events
- Carolina Wealth Advisors filed its initial SEC registration (Form ADV)Jun 11, 2020 · First SEC registration · fact
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 email
- info@carolinawa.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 678-954-4000reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 843-448-4425reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 843-448-4784reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- CAROLINAWA.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (843) 448-4425reportedpublic record, Form ADV, Mar 25, 2026
- Team page
- CAROLINAWA.COM/our-team.phpreportedpublished by the firm, firm site, Sep 15, 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
- $78.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026