CAROLINA WEALTH MANAGEMENT, INC.
Adviser information for CAROLINA WEALTH MANAGEMENT, INC. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | North Carolina, United States |
Employees
| Total Number of Employees | 9 |
|---|---|
| Investment Advisory/Research | 7 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 7 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 6 | $2.7M |
| Non-Discretionary | 1,381 | $621.1M |
| Total | 1,387 | $623.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 374 | $100.0M |
| HNW Individuals | 136 | $332.8M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 38 | $164.8M |
| Charitable organizations | 7 | $3.3M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 7 | $22.9M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 2 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Publication of periodicals or newslettersEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-63091 |
|---|---|
| SEC ERA File Number | 801-63091 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 131393 |
| Legal Entity Identifier | None |
Principal Office
1706-A EAST ARLINGTON BLVD.GREENVILLE
NC
United States
Monday - Friday, 9:00AM - 5:00PM
Tel: 252-439-1344, Fax: 866-295-6986
Websites
www.mycarolinawealth.com
www.buildingabetter401k.com
www.facebook.com/mycarolinawealth
www.linkedin.com/company/carolina-wealth-management-inc-/
www.linkedin.com/in/david-damm-a430a09/
www.linkedin.com/in/derek-pszenny-6970a727/
www.linkedin.com/in/duff-meyer-aif-18820727/
www.linkedin.com/in/401kplanadvisor/
www.linkedin.com/in/parishparker401kadvisor/
Chief Compliance Officer
DEREK PSZENNY
244 OLMSTED BLVD
PINEHURST
NC
United States
Tel:
910-215-0162
Fax:
866-295-6986
D****@*******************M
(Full email address available in API data)
Regulatory Contact
DAVID DAMM
CEO
1706-A EAST ARLINGTON BLVD.
GREENVILLE
NC
United States
Tel:
252-439-1344
Fax:
866-295-6986
D****@*******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| DAMM, DAVID, RONALD | Individual | – | CHIEF EXECUTIVE OFFICER | 04/2004 | 25-50% |
| PSZENNY, DEREK, SANDERSON | Individual | – | PRESIDENT | 03/2005 | 25-50% |
| SILVER, DAVID, WALTER | Individual | – | OWNER, CHIEF COMPLIANCE OFFICER | 03/2005 | 5-10% |