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
Carrera Capital Advisors
Legal name Carrera Capital Advisors, LLC
Latest filing Jul 24, 2026
First filing on the tape Apr 2, 2024 · 9 filings
SEC status approved since May 13, 2024
RAUM
$969M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
81%
$785M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$108M
derived; firm RAUM over IAPD count
Employees
13
12 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$969M as of Jul 24, 2026
Jan 31, 2025$617M then
HNW client RAUM$584M as of Jul 24, 2026
Jan 31, 2025$260M then
State-registered IARs (5.B.3)10 as of Jul 24, 2026
Jan 31, 20251 then
Employees (5.A)13 as of Jul 24, 2026
Jan 31, 202511 then
Private funds: no history
RAUM +50% over the last fiscal yearIARs 9 to 10
Practice profile
derived from the filing of Jul 24, 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
- $108MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 106derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $494,994derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 4.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +50%derivedbetween the last two annual amendments
- Advisor growth, one year
- +11%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +67%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 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)
- 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$584M60%
- Individuals$201M21%
- Investment companies$121M12%
- Pension and profit-sharing plans$40.8M4.2%
- Corporations and businesses$21.9M2.3%
- Charitable organizations$304,4120.0%
- Individual clients
- 718reported
- HNW clients
- 239reported
- Pension plan clients
- 23reported
- Charitable clients
- 1reported
- Accounts
- 1,957reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.81 fund_share=0.12 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jacob Andrew Raska | Troy, Mi | May 20, 2024 | 11 y | 0 |
| Steven Geoffrey LaneCertified Financial Planner, Chartered Financial Consultant | Troy, Mi | May 20, 2024 | 25 y | 0 |
| Keith Nichol | Troy, Mi | May 20, 2024 | 12 y | 0 |
| Anthony Sellors | Troy, Mi | Jul 2, 2024 | 13 y | 0 |
| Martin Lewis SchmidtCertified Financial Planner, Chartered Financial Consultant | Troy, Mi | Jan 1, 2025 | 42 y | 1 |
| Daniel Richmond | Troy, Mi | Jan 13, 2025 | 10 y | 2 |
| Madison E Clement | Troy, Mi | Jan 27, 2025 | 14 y | 1 |
| Devin Ellis | Troy, Mi | Oct 6, 2025 | 12 y | 1 |
| Bryan David FrancoChartered Financial Analyst | Troy, Mi | Nov 25, 2025 | 16 y | 6 |
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 11% of current headcount1 left over 36 months
Left, latest
- Drake Alexander Reid to Private Advisor Group, LLCApr 13, 2026 · RIA to affiliated broker-dealer or bank
Joined, latest
- Bryan David Franco from Cirrus Capital LLCNov 25, 2025 · RIA to RIA
- Devin Ellis from Merrill Lynch, Pierce, Fenner & Smith IncorporatedOct 6, 2025 · Wirehouse to independent RIA
- Madison E Clement from Morgan StanleyJan 27, 2025 · Wirehouse to independent RIA
- Daniel Richmond from Oneamerica Securities, Inc.Jan 13, 2025 · Affiliated broker-dealer or bank to independent RIA
- Martin Lewis Schmidt from Northwestern Mutual Investment Services,LLCJan 1, 2025 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Keith Nichol · President & Ceocontrolsince 03/2024 · owns less than 5%
- Keller Kenton Pettit · Chief Compliance Officercontrolsince 03/2024 · owns less than 5%
- Andrew Jacob Raska · Managing Partnercontrolsince 03/2024 · owns less than 5%
- Lewis Martin Schmidt · Partnercontrolsince 03/2024 · owns less than 5%
- Keith Nichol · Membercontrolsince 07/2022 · owns 75% or more of Kn Seven, LLC
- Andrew Jacob Raska · Membercontrolsince 07/2022 · owns 75% or more of Jake Raska LLC
- Lewis Martin Schmidt · Membercontrolsince 07/2022 · owns 75% or more of Martin L. Schmidt, LLC
- Bin Hasan Musa Abdul-Basser · Chief Compliance Officersince 03/2025 · owns less than 5%
Entity owners
- Jake Raska LLC · Memberdirect · owns 25% to 50%
- Kn Seven, LLC · Memberdirect · owns 50% to 75%
- Martin L. Schmidt, LLC · Memberdirect · owns 10% to 25%
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 |
|---|---|---|---|---|---|
| Troy, Mi · principal | 9 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Jul 24, 2026PETTIT, KENTON, KELLER (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-04-02 and 2026-07-24peers: independent wealth managers, $500M to $1B (1,483)
- control person changedChange between filings · filing Jul 24, 2026SCHMIDT, MARTIN, LEWIS (PARTNER) left Schedule A between the filings of 2024-04-02 and 2026-07-24peers: independent wealth managers, $500M to $1B (1,483)
- client count surgeChange between filings · filing Mar 16, 2026individual and HNW clients (Item 5.D) moved from 572.0 to 957.0 (+67.0%) between the annual amendments of 2025-03-31 and 2026-03-16; the peer median change was +5.0% (1216 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $500M to $1B (1,216) · 98% percentile
- RAUM up 25 %Change between filings · filing Mar 16, 2026RAUM (Item 5.F) moved from $647,652,930 to $968,703,896 (+50.0%) between the annual amendments of 2025-03-31 and 2026-03-16; the peer median change was +16.0% (1386 comparable advisers, 94.0th percentile of changes)peers: independent wealth managers, $500M to $1B (1,386) · 94% percentile
What changed
consecutive filings, newest first
- Accounts · 1,461 to 1,957Dec 16, 2025 to Mar 16, 2026
- Advisory employees · 9 to 12Dec 16, 2025 to Mar 16, 2026
- Charity clients · unset to 1.0Dec 16, 2025 to Mar 16, 2026
- Corporate clients · 11 to 16Dec 16, 2025 to Mar 16, 2026
- HNW clients · 156 to 239Dec 16, 2025 to Mar 16, 2026
- Individual clients · 416 to 718Dec 16, 2025 to Mar 16, 2026
- Pension plan clients · 70 to 23Dec 16, 2025 to Mar 16, 2026
- State-registered IARs · 9 to 10Dec 16, 2025 to Mar 16, 2026
- Discretionary RAUM · $648M to $969MDec 16, 2025 to Mar 16, 2026
- HNW RAUM · $400M to $584MDec 16, 2025 to Mar 16, 2026
- Individual RAUM · $134M to $201MDec 16, 2025 to Mar 16, 2026
- Pension RAUM · $40.3M to $40.8MDec 16, 2025 to Mar 16, 2026
- RAUM · $648M to $969MDec 16, 2025 to Mar 16, 2026
- Financial planning clients · 0 to 0Mar 31, 2025 to Sep 17, 2025
- Accounts · 1,360 to 1,461Jan 31, 2025 to Mar 31, 2025
- Advisory employees · 6 to 9Jan 31, 2025 to Mar 31, 2025
- Corporate clients · 10 to 11Jan 31, 2025 to Mar 31, 2025
- HNW clients · 133 to 156Jan 31, 2025 to Mar 31, 2025
- Individual clients · 1,272 to 416Jan 31, 2025 to Mar 31, 2025
- Pension plan clients · 38 to 70Jan 31, 2025 to Mar 31, 2025
- Employees · 11 to 13Jan 31, 2025 to Mar 31, 2025
- State-registered IARs · 1 to 9Jan 31, 2025 to Mar 31, 2025
- Discretionary RAUM · $617M to $648MJan 31, 2025 to Mar 31, 2025
- HNW RAUM · $260M to $400MJan 31, 2025 to Mar 31, 2025
- Individual RAUM · $259M to $134MJan 31, 2025 to Mar 31, 2025
- Pension RAUM · $10.0M to $40.3MJan 31, 2025 to Mar 31, 2025
- RAUM · $617M to $648MJan 31, 2025 to Mar 31, 2025
- Legal name · MKJ COMPANY, LLC to CARRERA CAPITAL ADVISORS, LLCSep 10, 2024 to Jan 31, 2025
- Accounts · unset to 1360.0Apr 2, 2024 to Sep 10, 2024
- Corporate clients · unset to 10.0Apr 2, 2024 to Sep 10, 2024
- HNW clients · unset to 133.0Apr 2, 2024 to Sep 10, 2024
- Individual clients · unset to 1272.0Apr 2, 2024 to Sep 10, 2024
- Pension plan clients · unset to 38.0Apr 2, 2024 to Sep 10, 2024
- Discretionary RAUM · unset to 617317000.0Apr 2, 2024 to Sep 10, 2024
- HNW RAUM · unset to 260000000.0Apr 2, 2024 to Sep 10, 2024
- Individual RAUM · unset to 259000000.0Apr 2, 2024 to Sep 10, 2024
- Non-discretionary RAUM · unset to 0.0Apr 2, 2024 to Sep 10, 2024
- Pension RAUM · unset to 10000000.0Apr 2, 2024 to Sep 10, 2024
- RAUM · unset to 617317000.0Apr 2, 2024 to Sep 10, 2024
Signals
3 dated events
- Drake Alexander Reid left Carrera Capital Advisors for Private Advisor Group, Llc (registered 2026-09-02)Apr 13, 2026 · Advisor changed firm · fact
- Carrera Capital Advisors reported RAUM $968.7M, up 50% from $647.7M (2025-12-16 to 2026-03-16)Mar 16, 2026 · RAUM change · derived
- Carrera Capital Advisors filed its initial SEC registration (Form ADV)Apr 2, 2024 · 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
- schedule@carrera-advisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 248-244-6051reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 248-509-4998reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- carrera-advisors.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 248-362-5009reportedpublic record, Form ADV, Jul 24, 2026
- Contact form
- carrera-advisors.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- carrera-advisors.com/our-advisorsreportedpublished 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
- $108Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026