Carver Financial Services

What Carver Financial Services does

Carver Financial Services is a private, independent wealth management firm founded in 1990 by Randy Carver and headquartered in Mentor, Ohio. The firm delivers fiduciary financial planning, investment management, and retirement strategies to high-net-worth individuals, families, and business owners, with a stated $500,000 minimum investable asset threshold and a deliberate limited-client-relationship model. Its core service offering is built around the proprietary Personal Vision Planning® methodology — a holistic framework that integrates investment, tax, retirement, estate, and charitable planning — and is delivered by a team of 30+ advisors and associates with over 350 years of collective experience and multiple professional designations (CFP®, CRPC®, CDFA®, CEPA®, CPFA®, AIF®).

Underlying technology and operating infrastructure are provided through an affiliation with Raymond James Financial Services, which serves as custodian, broker-dealer, and research/back-office platform for all advisory accounts (FINRA/SIPC member, with $1B aggregate loss limit on eligible securities and FDIC coverage up to $2.5M on cash). The firm layers additional proprietary and curated client-engagement assets on top of this stack, including a secure online client vault, virtual servicing via Skype/Zoom for national and international clients, the Carver Financial ROKU® channel, Carver University educational content, and Client Getaways lifestyle experiences. Reference to 'AI-driven analytics' and 'tax intelligence systems' appears in marketing materials but is not substantiated by disclosed models, patents, or hires.

The business model is a subscription/recurring advisory fee on assets under management, which stood at approximately $3.8 billion as of April 2026 (up from ~$3.5–$3.6B earlier in 2026). GTM is high-touch, relationship-led, and predominantly referral-driven, supplemented by content marketing (Randy's blog, YouTube, social media), client events, and earned media from Forbes/Barron's rankings. The firm has been ranked #1 in Ohio on both Forbes 2026 Best-In-State Wealth Advisors and Barron's 2026 Top 1,200 Financial Advisors, and #38 on Barron's 2026 Top 100, providing sustained top-of-market brand positioning.

Name

Carver Financial Services

Legal name

Carver Financial Services

Website

https://carverfinancialservices.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Carver Financial Services is a private wealth management firm founded in 1990 in Mentor, Ohio. It delivers fiduciary financial planning and investment management to high-net-worth individuals and business owners, managing approximately $3.8 billion in assets via its proprietary Personal Vision Planning® methodology.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

akta.pro secondary industries

Business Owner & Executive Financial Planning (FSAEAAAO), Estate & Legacy Planning Advisory (FSAEAAAG), Personal Trust & Fiduciary Administration (FSAEAKAA), Trust Administration & Fiduciary Accounting Services (FSAAANAF)

Keywords

• Wealth management services
• Financial planning advisory
• Investment management
• Retirement planning strategies
• Estate planning services

Headquarters

HQ city

Mentor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Wealth Management and Financial Advisory Services: Revenue generated through financial advisory services, investment management, and comprehensive financial planning for high net worth clients. Services include wealth management, financial planning, investment management, and retirement strategies. All advisory accounts are fiduciary accounts custodied through Raymond James Financial Services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Carver Financial Services provides holistic wealth management and financial planning services to high-net-worth individuals, families, and business owners. Its core offering is built around the proprietary Personal Vision Planning® process, combining investment management, retirement strategies, tax planning, and estate planning into a single coordinated plan. All advisory accounts are held to a fiduciary standard and custodied through Raymond James Financial Services.

Product overview

Carver Financial Services operates as a unified wealth management firm offering a single integrated service model built around its proprietary Personal Vision Planning® process. The core offering combines holistic financial planning, wealth management, and investment services delivered through a collaborative team approach. Supporting services include Client Communications (monthly digital and quarterly reports), Carver University (educational resources), the Carver Financial ROKU® Channel (video content), and Client Getaways (exclusive travel experiences). The firm is headquartered in Mentor, Ohio and provides fiduciary advisory services custodied through Raymond James Financial Services.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Vision Planning® Proprietary trademarked wealth planning methodology that coordinates investment management, tax strategies, retirement planning, estate planning, charitable giving, and lifestyle goals into one plan based on the client's individual needs, objectives, and risk tolerance.
• Wealth Management Services Comprehensive wealth management service including investment management and retirement strategies for individuals, families, and business owners, delivered through a fiduciary advisory model with accounts custodied at Raymond James Financial Services.
• Team Advantage Collaborative advisory service model that brings together multiple credentialed advisors and associates to provide comprehensive financial advice, with each client supported by a primary advisor and full team access.
• Client Communications Recurring client communication service including monthly digital updates, quarterly and annual reports, and event invitations to keep clients informed about their financial picture.
• Carver University Educational resource program for clients covering financial topics and planning strategies.
• Carver Financial ROKU® Channel Proprietary media channel on the Roku platform providing financial education video content to clients.
• Client Getaways Exclusive VIP travel experiences and curated trips organized for clients alongside the Carver Financial team and fellow clients.

Quantifiable outcome

• Manages $3.8 billion in assets for high net worth clients
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Raymond James Financial ServicescoreTechnology or IntegrationSecurities offered through Raymond James Financial Services, Inc. (member FINRA/SIPC). Investment advisory services offered through Raymond James Financial Services Advisors Inc. Accounts custodied at Raymond James providing independent third-party reporting. Additional coverage through RJFS includes aggregate loss limit of $1 billion for eligible securities and FDIC insurance for cash in Raymond James Bank up to $2.5 million.

Scale indicators6 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Mariner Wealth Advisors: Large independent RIA serving HNW individuals and business owners with comprehensive wealth planning, retirement, estate, and tax services. Highly comparable to Carver in target client, fiduciary model, and holistic planning approach, with a significantly larger AUM base and PE-backed growth.
• Creative Planning: Full-service RIA providing wealth management, financial planning, estate planning, and business owner advisory to HNW clients nationally. Closely comparable to Carver in service breadth, fiduciary approach, and emphasis on comprehensive personal vision-style planning.
• Hightower Advisors: Chicago-based RIA platform serving HNW individuals, families, and business owners with personalized wealth management. Comparable to Carver in client focus, fiduciary standard, and emphasis on advisor autonomy with shared back-office infrastructure.
• Carson Group: RIA platform providing wealth management, business coaching, and growth resources to financial advisors and their HNW clients. Comparable to Carver in client focus and fiduciary approach, with a partner/equity model that contrasts with Carver's independent affiliation structure.
• Bessemer Trust: Private wealth and investment management firm serving ultra-HNW families with multi-generational planning, trust, estate, and investment services. Comparable to Carver on fiduciary, holistic planning for wealthy families, though with higher minimums and a more institutional focus.
• Corient: Ultra-HNW focused RIA providing comprehensive wealth planning, investment management, and family office services. Comparable to Carver on target client, fiduciary model, and emphasis on personalized planning, with a national footprint and PE backing.
• Pathstone: Family-office oriented RIA serving HNW families with investment advisory, trust, estate, and family governance services. Highly comparable to Carver on fiduciary, multi-generational planning approach, though with broader family office capabilities.
• First Manhattan Company: Independent investment advisory and wealth management firm serving HNW individuals, families, and institutions. Comparable to Carver in fiduciary, fee-based wealth management approach and boutique service model, with a longer operating history and larger AUM.

Broad incumbents

• Edelman Financial Engines: One of the largest independent RIAs in the U.S., serving HNW and mass-affluent clients with financial planning and investment management. Overlaps with Carver on comprehensive planning and fiduciary model but operates at vastly greater scale with both digital and advisor-led delivery.
• Fisher Investments: Large independent investment management firm serving HNW individuals and institutions with portfolio management. Overlaps with Carver on investment management for HNW clients but is more focused on discretionary asset management rather than Carver's holistic planning-led model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/CarverAdvisors
• YouTubeyoutube.com/channel/UCTwsozt5NxUWRA6uykGqNQg
• Facebookfacebook.com/carverfinancialservices
• LinkedInlinkedin.com/company/carver-financial-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles28 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carver Financial Services