Adell Harriman & Carpenter Inc.
Adell, Harriman & Carpenter, Inc. is a boutique investment management firm based in Houston, Texas, founded in 1995. The firm provides customized investment management and financial counseling services primarily to high-net-worth individuals and families, as well as related trusts, estates, profit-sharing plans, corporate, and charitable entities. Its principals apply extensive expertise and professional designations such as CFAs and CFPs, focusing on highly personalized, fiduciary client service. As of 2024, the firm manages approximately $1.76 billion in assets and employs around 8-12 professionals.
Investment Strategy
Adell, Harriman & Carpenter, Inc. delivers personalized, fee-only investment management. The firm’s principals collaborate as an investment committee to set asset allocation targets and approve buy lists for individual client portfolios. Portfolios are built primarily around individual US and global stocks, investment-grade bonds, and select exchange traded funds (ETFs), all selected based on fundamental research and analysis. Customization is tailored to each client’s tax, estate, retirement, and liquidity needs, with a focus on long-term investing and active monitoring. Clients can impose restrictions, such as excluding certain sectors. The firm emphasizes principal-level involvement and direct responsibility for all major investment decisions.
Latest 13F Filing Activity
Adell Harriman & Carpenter Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 174 equity positions with a total 13F market value of $2B. The fund increased holdings in Broadcom Inc., Nvidia Corp., Microsoft Corp. among other positions. Adell Harriman & Carpenter Inc. reduced exposure to Apple Inc., Unitedhealth Group Inc., Abbvie Inc. among others.
Top Holdings
Equity Positions (174)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AVGO | Broadcom Inc | 9.13% | $137.6M | 499,221 | $26.66 | $275.65 | +$47.4M |
N NVDA | Nvidia Corp | 8.44% | $127.3M | 805,675 | $11.71 | $157.99 | +$36.9M |
A AAPL | Apple Inc | 5.51% | $83.0M | 404,639 | $30.67 | $205.17 | -$8.5M |
M MSFT | Microsoft Corp | 5.05% | $76.2M | 153,206 | $70.85 | $497.41 | +$18.2M |
A AMZN | Amazon.com Inc | 3.12% | $47.0M | 214,195 | $71.76 | $219.39 | +$5.9M |
Industry Allocation
Investment Team (4)
| Name | Role | Location | |
|---|---|---|---|
S Scot Johnson | Principal and Chief Investment Officer | Houston, TX , United States | |
S Steve Adell | Principal | Houston, TX , United States | |
 | Principal | Houston, TX , United States | |
M Mark B | Principal | Houston, TX , United States |