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COLTON GROOME FINANCIAL ADVISORS, LLC
CRD 128365File 801-113274
APPROVED
Retail clients
Custody
Filing as of Sep 3, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$724.9M
Above cohort median (national)
Discretionary AUM
$707.2M
Non-discretionary $17.7M
Clients
362
1,096 accounts
Employees
16
Above cohort median in NC
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- ARO
- Registration date
- May 23, 2018
- Principal office
- 1127-B HENDERSONVILLE ROAD, ASHEVILLE, NC, 28803
- Phone
- 828-252-1816
- Website
- http://www.coltongroome.com
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $724.9M
- Discretionary AUM
- $707.2M
- Non-discretionary AUM
- $17.7M
- Discretionary accounts
- 1,041
- Non-discretionary accounts
- 55
- Total accounts
- 1,096
- AUM per client
- $2.0M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 7 | $5.7M |
| Charitable organizations | 6 | $35.3M |
| High net worth individuals | 180 | $610.2M |
| Pension and profit sharing plans | Fewer than 5 | $28.0M |
| Individuals (other than high net worth individuals) | 166 | $45.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Fixed fees
- Other (described) — FEE BASED ON VARIOUS FACTORS - SEE PART 2 OF FORM ADV.
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- Yes
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Sep 4, 2026 | Employees | 18 | 16 | decreased by2 |
| Mar 1, 2026 | Clients | 325 | 362 | increased by37 |
| Mar 1, 2026 | AUM | $444,012,621 | $724,883,187 | increased by$280,870,566 |
| Mar 1, 2026 | Accounts | 946 | 1,096 | increased by150 |
| Dec 1, 2025 vs May 1, 2025 | Employees | 15 | 18 | increased by3 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 226 | 325 | increased by99 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $283,499,800 | $444,012,621 | increased by$160,512,821 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 633 | 946 | increased by313 |
| Sep 1, 2022 | Employees | 13 | 15 | increased by2 |
| Mar 1, 2022 | Employees | 14 | 13 | decreased by1 |
| Mar 1, 2022 | Clients | 195 | 226 | increased by31 |
| Mar 1, 2022 | AUM | $188,894,429 | $283,499,800 | increased by$94,605,371 |
| Mar 1, 2022 | Accounts | 451 | 633 | increased by182 |
| Sep 1, 2021 | Employees | 15 | 14 | decreased by1 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “COLTON GROOME” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“COLTON GROOME” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.