Carter Financial Group, Inc.
Registered investment adviser · Barrington, IL · CRD #301025
Form ADV data as of 2026-09-01Regulatory assets
$382.2 million
Total accounts
2,257
Employees
9
Disclosure events
0
Firm details
- Website: https://www.linkedin.com/in/kevin-k-carter-7687b84
- Telephone: 847-713-2700
- SEC file number: 801-118263
- Most recent Form ADV filing: 2026-03-05
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $332.0 million |
| Non-discretionary regulatory assets under management | $50.3 million |
| Total regulatory assets under management | $382.2 million |
| Discretionary accounts | 1,655 |
| Non-discretionary accounts | 602 |
| Total accounts | 2,257 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 9 |
| Employees performing investment advisory functions (including research) | 6 |
| Employees who are registered representatives of a broker-dealer | 2 |
| Employees registered as investment adviser representatives with a state | 6 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 6 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $118.0 million |
| Clients for whom the firm has custody | 345 |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 1 |
How the firm is compensated
Advisory services offered
Other business activities
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Brokers or dealers selected under 8.C.(3) are related persons
- Recommends brokers or dealers to clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 777 | $236.5 million |
| High net worth individuals | 49 | $136.8 million |
| Corporations or other businesses not listed above | 0 | $8.9 million |